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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The investors service has assigned Tesla a Baa3 rating, noting a stable outlook based on many factors.
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 announced today that it would be laying off over 400 employees alongside Amazon's layoffs of around 9,000.
The joint effort in the creation of this backstop is to make depositors whole and is not a bailout for SVB or its shareholders.
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.
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.
The tech-focused bank announced a plan to raise over $2 billion in capital in an attempt to offset losses on bond sales.
Silvergate Bank will wind down operations and be voluntarily liquidated. Its Silvergate Exchange Network payment platform was already suspended.
The company plans to sell convertible notes as a way to help raise money for the launch of its R2 vehicles.
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.