The Swiss government has come under fire from bondholders and international regulators for its handling of the $3.2bn rescue-takeover of Credit Suisse by UBS. The two banks were forced together over the weekend by Swiss officials in a shotgun marriage that stabilised the teetering Credit Suisse but wiped out $17bn of its bonds, upending the
Arbitrum, a layer-2 scaling solution for Ethereum, announced the airdrop of its ARB governance token on March 16, with eligible receivers expected to get the token by March 23. The hype around its airdrop has now helped another layer-2 solution, zkSync, to see significant week-over-week growth. ZkSync is another layer-2 scaling solution for Ethereum, supporting
Today we will review Carvana (CVNA) and see how to buy the dip by using a protected diagonal strategy. This stock has been selling off quite a bit and you might be anxious to get in on it or pull the trigger. The problem is you don’t want to catch a falling knife. Instead, when
Today, Ryan McQueeney, the new editor in charge of the Zacks Income Investor Portfolio, takes a look at Potlatch (PCH) and Illinois Tool Works (ITW), two income stocks with positive and negative factors influencing their share prices right now. Potlatch: https://www.zacks.com/stock/quote/PCH?cid=CS-YOUTUBE-FT-VID Illinois Tool Works: https://www.zacks.com/stock/quote/ITW?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch
Microsoft, the software conglomerate, has introduced an Ethereum-based cryptocurrency wallet in the testing version of its Edge web browser. The new feature, which software sleuth Albacore discovered, is named “Crypto Wallet” and would allow users to store and transact Ethereum and Ethereum-based tokens in a non-custodial way, acting like a Metamask clone. Microsoft Introduces Ethereum
UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators to safeguard its banking system and attempt to prevent a crisis spreading across global financial markets. The historic deal follows five days in which the Swiss establishment raced to end a deepening crisis at Credit Suisse that
Bitcoin (BTC) is on track to close the week with gains of more than 23%. The banking crisis in the United States and Europe seems to have boosted buying in Bitcoin, indicating that the leading cryptocurrency is behaving as a safe haven asset in the near term. All eyes are on the Federal Reserve’s meeting
Today I’m going to share with you a quick 90-second trade setup on Zoom (ZM). We are going to set up a diagonal options strategy. First we’ll take a look at the chart and earnings, and based on that we’ll design our diagonal spread and adjust it accordingly. #stocktrading #options #optiontrading #zoom #zm #diagonalspread #tradingdiagonals
In this article SYK BJ ORCL DELL CRWD ALGM Follow your favorite stocksCREATE FREE ACCOUNT A line of shoppers wait to enter BJ’s Wholesale Club market at the Palisades Center shopping mall during the coronavirus outbreak in West Nyack, New York, March 14, 2020. Mike Segar | Reuters Concerns about a bank crisis have added
Alibaba’s Singles’ Day (November 11) has grown to be the world’s largest online shopping day.
Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin’s (BTC) price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17. The wager was initiated on March 17, when pseudonymous Twitter user James Medlock offered to bet anyone $1 million that the United States
Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies to cover his legal expenses, according to a court filing on March 15. As per the filing, the policies provide “priority of payment” to insured individuals such as Bankman-Fried. The
Credit Suisse, UBS and their key regulators are racing to thrash out a deal on the historic merger of Switzerland’s two biggest banks as soon as Saturday evening, people familiar with the situation told the Financial Times. The Swiss National Bank and regulator Finma have told international counterparts that they regard a deal with UBS
New Options Trading Course Coming Soon. Learn how to trade options weeklies for consistent income and build your retirement so that you can worry less about money. Weekly options are similar to monthly options, except they expire every Friday instead of the third Friday of each month. #stocktrading #options #optiontrading #optionstrading #investing #newcourse ? Get
In this article ILMN Follow your favorite stocksCREATE FREE ACCOUNT Reptile8488 | E+ | Getty Images Company: Illumina (ILMN) Business: Illumina develops, manufactures and markets life science tools and integrated systems for large-scale analysis of genetic variation and function. It operates through Core Illumina and Grail. Grail, which was acquired in August 2021, is a
Ben Rains explores where the market stands roughly a week after the Silicon Valley Bank collapse. The episode also breaks down why Wall Street is diving back into large cap technology stocks amid the recent stock market turmoil, before we dig into why investors might want to buy Adobe, Intuit, and Meta Platform shares in
They don’t happen often but when they do it can be painful – a bear market! It is when the stock market falls for several months and most stocks are losing value. This video aims to explain how bear markets come about to better prepare you for when they do. Our Investing 101 series is
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
Commuters make their way along a street amid smoggy and foggy conditions early in the morning in Lahore on January 3, 2023. Arif Ali | AFP | Getty Images About 90% of the global population in 2022 experienced unhealthy air quality, and only six countries met the World Health Organization’s recommendations of safe air pollutant
Municipals were firmer in spots to end a chaotic week that saw triple-A benchmarks both follow U.S. Treasuries in a flight to quality and ignore UST movements — as munis did on Friday for the most part — as the banking sector crisis continued. USTs rallied and equities sold off Friday. Triple-A benchmarks were bumped