From Hot IPO To Cold Wells Notice

Coinbase, cryptocurrencies, crypto getty Coinbase COIN (NYSE: COIN) began its existence on April 14th, 2021 as a hot initial public offering that cryptocurrency freaks could not stop talking about. There was more than the usual amount of “this one’s going to the moon!” free and sometimes paid-for advice that typifies a certain type of IPO…

Losses Top $185 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny

Topline The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon Valley Bank and Signature Bank’s weekend collapses spread across the industry—hitting regional banks particularly hard. Silicon Valley Bank’s dramatic failure bled into other…

Big Tech’s $200 Billion Surge Leads Stock Market Rally—But Rate-Fueled Optimism May Be Fleeting

Topline Stocks rose broadly Friday on the back of a massive rally from technology titans as investors yet again latched onto hopes that the Federal Reserve’s rate hike campaign will soon conclude, though one economist says the “unprecedented” macroeconomic conditions mean rate optimists shouldn’t be so sure the central bank will relent any time soon.…