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First Citizens stock price surges after Silicon Valley Bank deal: Shares of the Raleigh, North Carolina-based bank hit an intraday high of over $880 ...
markets.businessinsider.com/news/stocks/first-citizens-stock-price-silicon-valley-bank-svb-deal-news-2023-3
First Citizens stock price surges after Silicon Valley Bank deal
Profile picture of Insider (news website)
Stock market news today: Regional banks rally on SVB deal: First Citizens has bought more than 20 other firms since 2008, and it now owns 17 branches of Silicon ...
markets.businessinsider.com/news/stocks/stock-market-news-today-regional-lenders-rally-svb-deal-citizens-2023-3
Stock market news today: Regional banks rally on SVB deal
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SVB's failure will cost FDIC's private insurance fund $20 billion: The FDIC's Deposit Insurance Fund balance stood at $128.2 billion as of late 2022.
markets.businessinsider.com/news/stocks/svb-failure-cost-fdic-private-insurance-fund-20-billion-2023-3
SVB's failure will cost FDIC's private insurance fund $20 billion
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Profile picture of Insider (news website)
First Citizens stock price surges after Silicon Valley Bank deal: Shares of the Raleigh, North Carolina-based bank hit an intraday high of over $880 ...
markets.businessinsider.com/news/stocks/first-citizens-stock-price-silicon-valley-bank-svb-deal-news-2023-3
First Citizens stock price surges after Silicon Valley Bank deal
Profile picture of Insider (news website)
Stock market news today: Regional banks rally on SVB deal: First Citizens has bought more than 20 other firms since 2008, and it now owns 17 branches of Silicon ...
markets.businessinsider.com/news/stocks/stock-market-news-today-regional-lenders-rally-svb-deal-citizens-2023-3
Stock market news today: Regional banks rally on SVB deal
Profile picture of Insider (news website)
SVB's failure will cost FDIC's private insurance fund $20 billion: The FDIC's Deposit Insurance Fund balance stood at $128.2 billion as of late 2022.
markets.businessinsider.com/news/stocks/svb-failure-cost-fdic-private-insurance-fund-20-billion-2023-3
SVB's failure will cost FDIC's private insurance fund $20 billion
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What Congress Should Ask Regulators in SVB’s Aftermath: Some lawmakers blame a bipartisan 2018 reform law for the bank’s collapse. That’s so nonsensical ...
wsj.com/articles/queries-for-congress-silicon-valley-bank-cleanup-fdic-fed-fiscal-policy-interest-rate-risk-2018-8f48edc7
What Congress Should Ask Regulators in SVB’s Aftermath
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'The Billionaire Bailout': FDIC Chair Says the Biggest Deposit Accounts at SVB Held $13 Billion
commondreams.org/news/billionaire-bailout-fdic-svb
'The Billionaire Bailout': FDIC Chair Says the Biggest Deposit ...
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What Ordinary Investors Can Learn From Recent Bank Failures: Turns out, banks fail fairly routinely. Here's what investors can learn from the most recent ...
forbes.com/sites/nataliecolley/2023/03/26/what-ordinary-investors-can-learn-from-bank-failures/
What Ordinary Investors Can Learn From Recent Bank Failures
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Consider yourself lucky if your small business worked with Silicon Valley Bank: Yes, there were some scary moments, it was poorly regulated and your bank failed ...
theguardian.com/business/2023/mar/26/silicon-valley-bank-us-small-businesses
Consider yourself lucky if your small business worked with Silicon Valley ...
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What First Citizens Didn't Pay for Silicon Valley Bank: Hi, it’s Matthew Monks in New York, delving into the small print on First Citizens’ takeover of SVB ...
bloomberg.com/news/newsletters/2023-03-27/how-much-did-first-citizens-pay-for-silicon-valley-bank
What First Citizens Didn't Pay for Silicon Valley Bank
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FDIC Is Probing Management’s Conduct in SVB, Signature Bank Failures: A top US banking regulator has launched investigations into managers’ conduct in the ...
bloomberg.com/news/articles/2023-03-27/fdic-probing-management-conduct-in-svb-signature-bank-failures
FDIC Is Probing Management’s Conduct in SVB, Signature Bank Failures
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The Fed’s Role in the Bank Failures | by Raghuram G. Rajan & Viral V. Acharya - Project Syndicate
project-syndicate.org/commentary/federal-reserve-qe-role-in-svb-signature-bank-failures-by-raghuram-rajan-and-viral-acharya-2023-03
The Fed’s Role in the Bank Failures | by Raghuram G. Rajan & Viral V ...
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Analysis: US bank trading and deposits in focus after rollercoaster month: As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading ...
reuters.com/business/finance/us-bank-trading-deposits-focus-after-rollercoaster-month-2023-03-27/
Analysis: US bank trading and deposits in focus after rollercoaster month
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Silicon Valley was fastest bank collapse in nearly 30 years, says Bank of England governor – video
theguardian.com/business/video/2023/mar/28/silicon-valley-was-fastest-bank-collapse-in-nearly-30-years-says-bank-of-england-governor-video
Silicon Valley was fastest bank collapse in nearly 30 years ...
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What Does Silicon Valley Bank’s Collapse Mean for Canadians?: The collapse of SVB is sending shockwaves across the tech and banking industry ...
canadianbusiness.com/ideas/svb-collapse-what-happened/
What Does Silicon Valley Bank’s Collapse Mean for Canadians?
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Bank crisis: SVB loaned insiders record $219 million as troubles built: In the lead-up to Silicon Valley Bank's failure, directors and other insiders borrowed a ...
markets.businessinsider.com/news/stocks/banking-crisis-svb-loans-insiders-tripled-record-silicon-valley-bank-2023-3
Bank crisis: SVB loaned insiders record $219 million as troubles built
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Why some Silicon Valley CEOs don't blame SVB for its crash: 'I still fundamentally believe' nothing was 'wrong with the bank'
cnbc.com/2023/03/23/why-some-silicon-valley-ceos-dont-blame-svb-for-its-crash.html
Why some Silicon Valley CEOs don't blame SVB for its crash: 'I still ...
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SVB employee explains his disappointment and anger with the company: An SVB employee shared what it was like inside the bank's downfall and why it was extra ...
businessinsider.com/svb-employee-explains-disappointment-anger-with-the-company-2023-3
SVB employee explains his disappointment and anger with the company
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Commercial real estate foreclosures jumped 117% in March as trouble looms: A new report from ATTOM shows there were 625 U.S. commercial real estate foreclosures ...
foxbusiness.com/economy/commercial-real-estate-foreclosures-jumped-march-trouble-looms
Commercial real estate foreclosures jumped 117% in March as trouble looms
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Citizens reports fast progress in building its private bank: The Providence, Rhode Island, company is having discussions with private wealth management teams ...
americanbanker.com/news/citizens-reports-fast-progress-in-building-its-private-bank
Citizens reports fast progress in building its private bank
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JPMorgan's Jamie Dimon Has a Tech Rival: Silicon Valley Bank: JPMorgan and HSBC are among banks trying to capture the startup market, but the California ...
bloomberg.com/opinion/articles/2024-04-24/jpmorgan-s-jamie-dimon-has-a-tech-rival-silicon-valley-bank
JPMorgan's Jamie Dimon Has a Tech Rival: Silicon Valley Bank
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AI could be as consequential to the economy as electricity, says Jamie Dimon: Jamie Dimon believes artificial intelligence will have a huge impact on global ...
cnn.com/2024/04/08/investing/jamie-dimon-shareholder-letter-ai-future/
AI could be as consequential to the economy as electricity ...
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
  • JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.

  • Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.

  • Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.

  • Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
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OpenAI bids for Japan business as it opens Tokyo office: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as ...
reut.rs/3TXmsee
OpenAI bids for Japan business as it opens Tokyo office
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'Net interest income' has Wall Street worried right now. Here's what it is and why it matters
qz.com/net-interest-income-nii-bank-earnings-fed-interest-rate-1851416810
'Net interest income' has Wall Street worried right now. Here's what it is ...
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Walmart’s majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics and power tools at some ... Show more
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A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
on.wsj.com/49Om1J0
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw ...
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What to expect from bank earnings as high interest rates pressure smaller players
cnbc.com/2024/04/11/bank-earnings-high-interest-rates-set-to-pressure-small-players.html
What to expect from bank earnings as high interest rates pressure smaller ...
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What’s the cheapest way to the edge of space? Ride a balloon: Spanish startup HALO Space hopes to begin commercial flights to near-space in 2026 ...
cnn.com/2024/04/16/travel/halo-space-near-space-balloon-trip/
What’s the cheapest way to the edge of space? Ride a balloon
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Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet: The blank-check deal that brought Donald Trump’s media startup public is set to give him another ...
bloomberg.com/news/articles/2024-04-23/trump-set-for-another-1-3-billion-in-shares-he-can-t-sell-yet
Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet
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Perplexity is raising $250M+ at a $2.5B-$3B valuation for its AI search platform, sources say
techcrunch.com/2024/04/23/perplexity-is-raising-250m-at-2-point-5-3b-valuation-ai-search-sources-say/
Perplexity is raising $250M+ at a $2.5B-$3B valuation for its AI search ...
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NYSE mulls 24-hour trading — a move Steve Cohen may welcome: The NYSE has polled market participants about the merits of round-the-clock trading ...
businessinsider.com/new-york-stock-exchange-24-hour-trading-steve-cohen-startup-2024-4
NYSE mulls 24-hour trading — a move Steve Cohen may welcome
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A Wave of AI Tools Is Set to Transform Work Meetings: An AI-powered wearable from startup Limitless promises to make meetings more productive ...
wired.com/story/taking-baby-steps-toward-the-ai-meeting-singularity/
A Wave of AI Tools Is Set to Transform Work Meetings
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China Approves US Listing for Self-Driving Firm in Easing Sign: China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for ...
bloomberg.com/news/articles/2024-04-24/china-approves-us-listing-for-self-driving-firm-in-easing-sign
China Approves US Listing for Self-Driving Firm in Easing Sign
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Arlington could score 3 company headquarters this week: The city of Arlington has the opportunity to score three headquarters this week between E-Space Inc. ...
dallasnews.com/business/real-estate/2024/04/23/arlington-could-score-three-company-headquarters-this-week/
Arlington could score 3 company headquarters this week
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Apple acquires Paris-based AI company Datakalab to bolster its AI technology: Apple has reportedly acquired France-based AI startup Datakalab, specializing in AI ...
neowin.net/news/apple-acquires-paris-based-ai-company-datakalab-to-bolster-its-ai-technology/
Apple acquires Paris-based AI company Datakalab to bolster its AI ...
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Arres Prevent robot uses advanced AI to fight potholes [video]: A UK-based startup called Robotiz3d claims it's invented a world's first: an autonomous ...
electrek.co/2024/04/23/arres-prevent-robot-uses-advanced-ai-to-fight-potholes-video/
Arres Prevent robot uses advanced AI to fight potholes [video]
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This Swedish startup made the tech behind the world’s first solar-powered headphones – here’s how it works
techradar.com/audio/this-swedish-startup-made-the-tech-behind-the-worlds-first-solar-powered-headphones-heres-how-it-works
This Swedish startup made the tech behind the world’s first solar-powered ...
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Ibotta goes public today. We spoke to its CEO about riding the tech IPO wave: Ibotta founder and CEO Bryan Leach on why it's going public now and its AI ...
qz.com/ibotta-ipo-ceo-bryan-leach-interview-ai-walmart-1851416943
Ibotta goes public today. We spoke to its CEO about riding the tech IPO ...
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Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million: Benjamin Harvey, the CEO of AI Squared, says he’s added investors including former TIAA CEO ...
forbes.com/sites/jabariyoung/2024/04/17/meet-the-ai-entrepreneur-who-used-linkedin-to-raise-138-million/
Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million
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Calm down, the sky isn’t going to fall with the capital gains tax hike: For businesses, and for individuals beyond a certain threshold, 67 per cent of capital ...
theglobeandmail.com/business/commentary/article-calm-down-the-sky-isnt-going-to-fall-with-the-capital-gains-tax-hike/
Calm down, the sky isn’t going to fall with the capital gains tax hike
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Disruptive Innovation in the Era of Big Tech: How does the landmark theory apply to tech start-ups, three decades after its introduction?
hbr.org/podcast/2024/04/disruptive-innovation-in-the-era-of-big-tech
Disruptive Innovation in the Era of Big Tech
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Mystery about Bayer Leverkusen: Why do the fans sing SVB?: During Bayer Leverkusen's championship, the abbreviation SVB could be read again and again ...
rnd.de/sport/raetsel-um-bayer-leverkusen-warum-singen-die-fans-svb-UYOJKDSV4JHD5PBYE7SH24FFWA.html
Mystery about Bayer Leverkusen: Why do the fans sing SVB?
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Gen Z CEO Lists the Failed Businesses She Launched Before Finding Success: Valeriya Yusupova "failed" at eight businesses before launching her jewelry line ...
newsweek.com/gen-z-ceo-failed-eight-businesses-before-finding-success-1890187
Gen Z CEO Lists the Failed Businesses She Launched Before Finding Success
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Trump Media (DJT) Plunges After Registering Shares, Warrants for Sale: Donald Trump’s social media startup tumbled on Monday, extending a two-week slump ...
bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale
Trump Media (DJT) Plunges After Registering Shares, Warrants for Sale
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
  • The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.

  • Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.

  • The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.

  • Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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Citadel-Backed Prime Brokerage in Talks to Raise Fresh Capital - Bloomberg: A startup prime brokerage backed by Citadel Securities is the latest firm looking to ...
bloomberg.com/news/articles/2024-04-17/citadel-backed-prime-brokerage-in-talks-to-raise-fresh-capital
Citadel-Backed Prime Brokerage in Talks to Raise Fresh Capital - Bloomberg
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OpenAI rival Mistral in talks to raise around $2 billion in new funding: Paris-based Mistral is raising new funding, which could boost its valuation to $5 ...
businessinsider.com/mistral-raising-new-round-up-to-2-billion-2024-4
OpenAI rival Mistral in talks to raise around $2 billion in new funding
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Trump Mastered The Art of the SPAC Deal. Cashing Out Is Harder: The value of Donald Trump’s stake in his media startup may have shrunk since going public through ...
bloomberg.com/news/articles/2024-04-16/trump-mastered-the-art-of-the-spac-deal-cashing-out-is-harder
Trump Mastered The Art of the SPAC Deal. Cashing Out Is Harder
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‎HBR On Strategy: Disruptive Innovation in the Era of Big Tech on Apple Podcasts: In 1995, the late and legendary Harvard Business School professor Clayton ...
podcasts.apple.com/us/podcast/disruptive-innovation-in-the-era-of-big-tech/id1683845677
‎HBR On Strategy: Disruptive Innovation in the Era of Big Tech on Apple ...
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This Louisiana index fell short of Wall Street. Here's why.: A slide in Louisiana bank stocks caused the companies that make up the Pelican State Portfolio to ...
theadvocate.com/baton_rouge/news/business/dip-in-bank-stocks-causes-louisiana-index-to-fall-short/article_00516b7c-f8f1-11ee-86b9-0b8120722b20.html
This Louisiana index fell short of Wall Street. Here's why.
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Elon Musk's xAI is luring more investors via SPVs with high fees: Musk's AI startup was built out of Twitter. Now it's looking to get investors to chip in at ...
businessinsider.com/elon-musk-xai-luring-more-investors-spv-high-fees
Elon Musk's xAI is luring more investors via SPVs with high fees
Profile picture of Forbes
Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million: Benjamin Harvey, the CEO of AI Squared, says he’s added investors including former TIAA CEO ...
forbes.com/sites/jabariyoung/2024/04/17/meet-the-ai-entrepreneur-who-used-linkedin-to-raise-138-million/
Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million
Profile picture of Electrek
Fisker adds new US dealer and several more in Europe as extreme price cuts take effect
electrek.co/2024/04/15/fisker-adds-new-dealers-extreme-price-cuts-take-effect/
Fisker adds new US dealer and several more in Europe as extreme price cuts ...
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AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo
cnbc.com/2024/04/18/ai-startup-stability-lays-off-10percent-of-employees-after-ceo-exit.html
AI startup Stability lays off 10% of staff after controversial CEO's exit: ...
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Community builder to oversee $15 million investment fund focused on minority start-ups
oklahoman.com/story/news/2024/04/18/okc-community-builder-sandino-thompson-overseeing-15-million-startup-fund/72975549007/
Community builder to oversee $15 million investment fund focused on ...
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The payment of more interest on deposits hurts the bottom line of large US banks: The profit of the six main entities falls 3% in the first quarter despite the ...
english.elpais.com/economy-and-business/2024-04-17/the-payment-of-more-interest-on-deposits-hurts-the-bottom-line-of-large-us-banks.html
The payment of more interest on deposits hurts the bottom line of large US ...
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Italy Frugal Pharma Billionaire Eyes Global Leader Spot in Drug Injection: If you got a Covid or flu shot this winter, the vaccine may well have come out of a ...
bloomberg.com/news/articles/2024-04-13/italy-frugal-pharma-billionaire-eyes-global-leader-spot-in-drug-injection
Italy Frugal Pharma Billionaire Eyes Global Leader Spot in Drug Injection
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How to balance two jobs at the same time: Danielle Shultz, 36, is a dancer at The Metropolitan Opera. She also runs a startup that works with Google, Meta ...
businessinsider.com/how-to-balance-two-jobs-at-same-time-side-hustles-2024-4
How to balance two jobs at the same time
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One of Elon Musk's newer companies is eyeing an $18 billion valuation: A new report found that investor are in talks to raise $3 billion for Elon Musk's AI ...
thestreet.com/technology/xai-artificial-intelligence-elon-musk-companies-valuation-investors-report
One of Elon Musk's newer companies is eyeing an $18 billion valuation
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Britishvolt ‘gigafactory’ site sold for £110m to US private equity firm: Blackstone’s plans for data centre unlikely to generate thousands of jobs failed startup ...
theguardian.com/business/2024/apr/15/britishvolt-gigafactory-site-sold-110m-us-private-equity-firm-blackstone-data-centre-northumberland
Britishvolt ‘gigafactory’ site sold for £110m to US private equity firm
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'Bitcoin Sign Guy' Is Auctioning His Bitcoin Sign: Christian Langalis, whose 2017 photo-bombing of Janet Yellen became a viral meme, will use the proceeds to ...
coindesk.com/business/2024/04/11/bitcoin-sign-guy-is-auctioning-his-bitcoin-sign/
'Bitcoin Sign Guy' Is Auctioning His Bitcoin Sign