Tesla (TSLA) bonds upgraded to investment grade by Moody's ratings agency
The investors service has assigned Tesla a Baa3 rating, noting a stable outlook based on many factors.
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GameStop (GME) Q4 2022 EPS & revenue expectations
GameStop is set to release the company's Q4 2022 earnings results on March 21, 2023 after the market close. Here are some important Wall Street analyst estimates to keep an eye on.
Twitch to layoff over 400 alongside Amazon's latest cuts
Twitch announced today that it would be laying off over 400 employees alongside Amazon's layoffs of around 9,000.
Federal Reserve, FDIC & U.S. Treasury announce plans to protect Silicon Valley Bank depositors
The joint effort in the creation of this backstop is to make depositors whole and is not a bailout for SVB or its shareholders.
Silicon Valley Bank (SIVB) closed by regulators, insured deposits to be protected by FDIC
As SVB has been closed and its deposits have been taken over, the Federal Deposit Insurance Corp. has announced that insured depositors will have access by Monday.
SVB Financial (SIVB) stock crashes another 60% as bank seeks sale following failed capital raise
Silicon Valley Bank's stock has been in a tailspin since the group announced it would be seeking to raise billions in capital to cover losses.
SVB Financial (SIVB) stock crashes 50% as tech investment bank seeks to raise more cash
The tech-focused bank announced a plan to raise over $2 billion in capital in an attempt to offset losses on bond sales.
Crypto giant Silvergate Capital is shutting down operations and liquidating its bank
Silvergate Bank will wind down operations and be voluntarily liquidated. Its Silvergate Exchange Network payment platform was already suspended.
Rivian (RIVN) stock falls on news of $1.3 billion capital raise
The company plans to sell convertible notes as a way to help raise money for the launch of its R2 vehicles.
Facebook (META) allegedly planning further layoffs as early as this week
Even after a mass layoff late in 2022, thousands of further jobs at the Meta company may be on the line this week as the company continues to cut costs.
