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You are here: Home / Archives for US Top News and Analysis

California braces for ‘catastrophic’ floods as East and West coasts face ‘double whammy’ of storms

March 14, 2023 by US Top News and Analysis

Storm-battered California is facing another strong Atmospheric River Event as a powerful nor’easter was already disrupting travel early Tuesday in the Northeast, forecasters said.

Filed Under: Uncategorized

Wells Fargo says buy this regional bank stock that has been ‘thrown out with the bathwater,’ sees nearly 150% upside

March 14, 2023 by US Top News and Analysis

The firm reiterated its overweight rating on the stock, while lowering its price target to $65 from $90. Still, the new price target implies 148.9% upside.

Filed Under: Uncategorized

Regional banks are still vulnerable even with Fed on alert, Jim Cramer says

March 14, 2023 by US Top News and Analysis

Investors dodged a major bullet with SVB and the regional bank fallout, thanks to timely intervention from federal regulators, CNBC’s Jim Cramer said.

Filed Under: Uncategorized

Ukraine war live updates: Russian plane collides with U.S. drone; Poland may send fighter jets to Ukraine

March 14, 2023 by US Top News and Analysis

President Volodymyr Zelenskyy insisted his forces must win the battle for Bakhmut as doubts continue over whether Ukraine should continue defending the city.

Filed Under: Uncategorized

Credit Suisse shares sink 5% as ‘material weaknesses’ found in financial reporting

March 14, 2023 by US Top News and Analysis

Credit Suisse said its net asset outflows had “not yet reversed,” and that “material weaknesses” were identified in its financial reporting processes.

Filed Under: Uncategorized

As global stocks fall, Asia-Pacific’s benchmark index erases all of its gains for 2023

March 14, 2023 by US Top News and Analysis

Asia-Pacific’s leading index erased its year-to-date gains and is now flat in 2023 as bank stocks led declines Tuesday.

Filed Under: Uncategorized

Volkswagen announces five-year $193 billion investment plan as electrification gathers pace

March 14, 2023 by US Top News and Analysis

More than two thirds of Volkswagen’s planned five-year investment will target “electrification and digitalization.”

Filed Under: Uncategorized

SVB fallout unlikely to affect fundraising for Southeast Asia startups, venture capitalists say

March 14, 2023 by US Top News and Analysis

Industry experts are optimistic that fundraising for Southeast Asian tech startups will keep flowing and won’t be impacted by the collapse of SVB.

Filed Under: Uncategorized

The U.S. stock market keeps beating Europe in new listings. And it’s no fluke

March 14, 2023 by US Top News and Analysis

There are two main reasons why U.S. stock markets are more attractive for new listings, analysts said.

Filed Under: Uncategorized

Citi says Europe’s banks are unlikely to face SVB-like issues and names 3 top picks

March 14, 2023 by US Top News and Analysis

European banks have less deposit concentration, are seeing healthy deposit flows and remain well capitalized, Citi’s analysts said.

Filed Under: Uncategorized

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