Credit Suisse rebounded slightly from Wednesday’s drop, while PagerDuty popped on better-than-expected earnings.
TikTok confirms the U.S. has threatened ban if Chinese parent ByteDance doesn’t sell stake
The U.S. has a number of concerns about TikTok and has maintained the Chinese-owned app presents a national security risk.
JPMorgan upgrades telecom stock Motorola Solutions, sees more than 15% upside
Since being spun off, Motorola Solutions shares have had just two down years, most recently in 2022, when it fell just 5% while the S&P 500 dropped 19%.
Bank shares rebound off lows as big banks come to the aid of First Republic
The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other regional banks that have similar balance sheet issues.
‘The weakest links are cracking’: Investors consider possible Credit Suisse contagion
Even before the shock collapse of two U.S. banks, Credit Suisse had faced a slew of problems, including money laundering charges and spying allegations.
Baidu shares drop to 8-week lows after company reveals ChatGPT rival
Chinese tech company Baidu gave the public a peek Thursday at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.
Candice Beaumont of $1.5 billion family office says ‘worst is yet to come’ for stocks, real-estate
“This is the beginning of a new paradigm and the beginning of a cycle where we’re in a multi-year contraction,” says the Lazard Freres veteran.
Where wealthy investors are putting their cash after SVB collapse
The strategy of banks requiring wealthy clients to give them deposits or primary banking relationships in exchange for loans may be ending, advisers say.
Chinese ride-hailing giant Didi plans expansion after Beijing’s crackdown on the firm ends
The Beijing-headquartered company said in an online statement that it plans to work with partners in 2023 to launch more diversified products and services.
‘What You Won’t Do for Love’ singer Bobby Caldwell dies at 71
Caldwell’s wife said his health began deteriorating six years ago after complications from a medication.