Morgan Stanley’s analysts said one of the overweight-rated stocks is set to rise over 50%.
First Citizens takeover of SVB won’t solve the bank run problem, Jim Cramer says
Cramer said the Fed will continue with rate hikes until wage inflation cools off, but that if another large bank like First Republic collapses, “it’ll definitely do the job.”
Asia markets trade mixed as contagion fears from banking turmoil ease
Asian markets trade higher as investors put the banking crisis of recent weeks behind them
Stocks close lower, Nasdaq drops a second day as higher yields press tech names: Live updates
An uptick in rates put pressure on the broader market.
Pro Picks: Watch all of Monday’s big stock calls on CNBC
A recap of Monday’s best stock picks on CNBC.
Amazon seller consultant admits to bribing employees to help clients; will plead guilty
In 2020, federal officials charged six individuals, including Ephraim Rosenberg, with conspiracy to commit bribery.
Barclays highlights 10 top quality stocks that are also cheap
These quality stocks, which are trading at a discount, can help investors get through a hard landing, the firm said.
Lyft CEO and president to step down, former Amazon exec David Risher named as replacement
Lyft’s cofounders, Logan Green and John Zimmer, will step back from their day-to-day roles as CEO and president, with David Risher as the new CEO.
Virgin Orbit extends unpaid pause as Brown deal collapses, ‘dynamic’ talks continue
The company’s late-stage deal talks, including with private investor Matthew Brown, collapsed over the weekend, people familiar with the matter told CNBC.
DoubleLine’s Jeffrey Gundlach reveals his trading strategy in this tricky market
“The optimal strategy is to reduce risk on strength,” Gundlach said on CNBC’s “Closing Bell” Monday.