INDIAN MONEY POWER

By Mark Landler from NYT World https://ift.tt/8MaQnrS via IFTTT

U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon. source https://www.cnbc.com/2023/04/29/first-republic-frc-jpmorgan-chase-bank-of-america-asked-for-bids.html

Matt Bartolini, head of SPDR Americas research at State Street Global Advisors, finds valuations, earnings upgrades and price momentum are fueling the charge. source https://www.cnbc.com/2023/04/29/major-wall-street-firm-says-etfs-can-capture-breakout-in-luxury-stocks.html

A third of new cryptocurrency investors are primarily motivated by friends to make their purchase. It may not always be sage advice, experts warn. source https://www.cnbc.com/2023/04/28/many-new-bitcoin-crypto-buyers-influenced-by-friends-why-to-be-cautious.html

These are the stocks posting the largest moves in midday trading. source https://www.cnbc.com/2023/04/28/stocks-making-the-biggest-moves-midday-frc-snap-amzn-intc-and-more.html

The Fed blamed failures on mismanagement and supervisory missteps, compounded by a dose of social media frenzy. source https://www.cnbc.com/2023/04/28/fed-report-on-svb-collapse-faults-banks-managers-and-central-bank-regulators.html

These are the stocks posting the largest moves in premarket trading. source https://www.cnbc.com/2023/04/28/stocks-making-the-biggest-moves-premarket-snap-intc-fslr-xom.html

More than two months since the ChatGPT craze hit China, a similar artificial intelligence-based product has yet to reach the country's population at large. source https://www.cnbc.com/2023/04/28/how-chinas-chatgpt-ai-alternatives-are-doing.html

The Swiss National Bank will face protests on Friday over its action on climate change and its role in the emergency sale of Credit Suisse to UBS. source https://www.cnbc.com/2023/04/28/swiss-national-bank-to-face-credit-suisse-and-climate-protests-at-fraught-agm.html

These are the stocks posting the largest moves in midday trading. source https://www.cnbc.com/2023/04/27/stocks-making-the-biggest-moves-midday-hon-cat-meta-and-more.html

Magnifi is one of the first investing platforms that uses ChatGPT and computer programs to provide personalized, data-driven investment advice. source https://www.cnbc.com/2023/04/27/chatgpt-meets-robinhood-new-app-features-ai-powered-portfolio-mentor-.html

These are some of the stocks posting the largest moves in early trading. source https://www.cnbc.com/2023/04/27/stocks-making-big-premarket-moves-meta-teladoc-southwest-and-more.html

Executives at two of the world's biggest buy now, pay later firms say that the U.K. regulation plans will result in disproportionate friction for consumers. source https://www.cnbc.com/2023/04/27/klarna-and-block-slam-outdated-uk-buy-now-pay-later-proposals.html

Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter. source https://www.cnbc.com/2023/04/27/deutsche-bank-logs-11th-straight-quarterly-profit-reveals-job-cuts.html

First Republic Bank shares dropped, fueling its potential to again weigh on the broader banking sector. Other regional bank stocks rose before the bell. source https://www.cnbc.com/2023/04/26/stocks-making-the-biggest-moves-premarket-atvi-cmg-frc.html

Britain's top competition regulator on Wednesday moved to block Microsoft's acquisition of video game publisher Activision Blizzard. source https://www.cnbc.com/2023/04/26/britain-blocks-microsoft-acquisition-of-activision-blizzard.html

The potential First Republic rescue plan is the latest twist in a saga sparked by the sudden collapse of Silicon Valley Bank last month. source https://www.cnbc.com/2023/04/26/first-republic-rescue-pitch-help-now-or-pay-more-later-when-it-fails.html

The former Fidelity Magellan fund manager revealed Tuesday that he wished he hadn't missed out on the explosive growth in Apple. source https://www.cnbc.com/2023/04/25/investing-legend-peter-lynch-on-the-investments-he-regrets-not-making-in-recent-years.html

3M said it would cut about 6,000 positions to focus on high-growth markets, such as automotive electrification and home improvement. source https://www.cnbc.com/2023/04/25/stocks-making-the-biggest-moves-premarket-nvs-jblu-mmm.html

"Buy now, pay later" firm Klarna on Tuesday made some sweeping changes to its app, including a TikTok-inspired discovery feed that recommends products to users. source https://www.cnbc.com/2023/04/25/klarna-overhauls-app-with-tiktok-like-discovery-feed-amid-ai-buzz.html

"I think we can put the crisis behind us. I don't think we can put the issue behind us," Standard Chartered CEO Bill Winters told CNBC. source https://www.cnbc.com/2023/04/25/risks-in-banking-sector-havent-come-home-to-roost-stanchart-ceo.html

These are some of the stocks posting the largest moves in extended hours trading. source https://www.cnbc.com/2023/04/24/stocks-making-the-biggest-moves-after-hours-first-republic-whirlpool.html

The U.S. banking sector crisis has solidified the case for bitcoin as a "decentralised, trustless and scarce digital asset," Standard Chartered said in a note. source https://www.cnbc.com/2023/04/24/bitcoin-btc-price-could-hit-100000-by-end-2024-standard-chartered.html

All the major European ETFs are up 15%-20% for the year and were at new highs last week. source https://www.cnbc.com/2023/04/24/europe-is-the-place-to-invest-so-far-in-2023-heres-why.html

Wrexham, the Welsh soccer club owned by Hollywood A-listers Ryan Reynolds and Rob McElhenney, secured promotion to the English Football League (EFL). source https://www.cnbc.com/2023/04/24/ryan-reynolds-and-rob-mcelhenneys-wrexham-wins-promotion.html

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of its emergency takeover by domestic rival UBS. source https://www.cnbc.com/2023/04/24/credit-suisse-earnings-q1-2023.html

By Remy Tumin from NYT World https://ift.tt/ZHSPMkG via IFTTT

Electric vehicles tend to cost more upfront than gasoline-powered cars. But EVs may be a better financial deal for consumers over the long haul. source https://www.cnbc.com/2023/04/23/are-evs-or-gasoline-cars-a-better-deal.html

By Charlie Savage, Michael D. Shear, Elian Peltier and Declan Walsh from NYT World https://ift.tt/QHq0AE9 via IFTTT

A U.S.-based ETF is mimicking an investment trend in Europe that’s designed to boost profits while helping the climate. source https://www.cnbc.com/2023/04/22/new-etf-makes-big-bet-on-cleaning-up-the-environment.html

By Matina Stevis-Gridneff, Koba Ryckewaert and Ilvy Njiokiktjien from NYT World https://ift.tt/0Ddn3aW via IFTTT

These are the stocks posting the largest moves in midday trading. source https://www.cnbc.com/2023/04/21/stocks-making-the-biggest-moves-midday-csx-pool-procter-gamble-and-more.html

Anne Glover, CEO and co-founder of Amadeus Capital, said Friday that the SVB crisis was caused by "utterly irresponsible" practices by Silicon Valley Bank. source https://www.cnbc.com/2023/04/21/svb-failure-was-caused-by-a-banking-not-tech-crisis-top-vc-says.html

These are the stocks posting the largest moves in early trading. source https://www.cnbc.com/2023/04/21/stocks-making-the-biggest-moves-premarket-procter-gamble-csx-ppg-.html

German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle targeted at a higher end of the market. source https://www.cnbc.com/2023/04/21/volkswagen-to-invest-1-billion-in-china-ev-market-plans-higher-end-car.html

By David Pierson from NYT World https://ift.tt/KJaom05 via IFTTT

U.K. inflation remained stubbornly in double digits in March, driven largely by soaring food prices, as the country's cost-of-living crisis showed little sign of abating. source https://www.cnbc.com/2023/04/20/uk-inflation-is-just-not-going-down-as-cost-of-living-crisis-offers-no-respite.html

By Nicole Hong from NYT World https://ift.tt/BOJAjbE via IFTTT

The SEC alleged failures related to Betterment's tax-loss harvesting service lost money for about 25,000 clients. source https://www.cnbc.com/2023/04/19/robo-advisor-betterment-settles-tax-charges-with-sec-for-9-million.html

Morgan Stanley gets most of its revenue from wealth and investment management, steadier businesses that helped offset volatile trading and advisory results. source https://www.cnbc.com/2023/04/19/morgan-stanley-ms-earnings-1q-2023.html

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By Natalie Kitroeff and Ronen Bergman from NYT World https://ift.tt/uB5YodO via IFTTT

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries. source https://www.cnbc.com/2023/04/19/debt-distress-finance-leaders-warn-rising-rates-are-squeezing-low-income-countries-.html

U.K. inflation unexpectedly remained in double-digits in March as households continued to grapple with soaring food and energy bills. source https://www.cnbc.com/2023/04/19/uk-inflation-rate-surprises-again-with-march-figure-holding-above-10percent.html

Shares of Goldman Sachs shed nearly 4% after missing revenue estimates in its first-quarter earnings released before Tuesday's opening bell. source https://www.cnbc.com/2023/04/18/stocks-making-the-biggest-moves-premarket-jnj-gs-run.html

By Steven Erlanger from NYT World https://ift.tt/mLb3Viu via IFTTT

Bank of America reported first-quarter earnings and revenue that topped expectations before the bell Tuesday. source https://www.cnbc.com/2023/04/18/bank-of-america-bac-earnings-q1-2023.html

The British government laid out plans in February to regulate cryptoassets and opened its suggestions up for consultation. source https://www.cnbc.com/2023/04/18/britain-could-see-crypto-regulation-in-12-months-lawmaker-says.html

The travel boom in 2023 is fueling higher prices, especially for hotels and international flights. But there's hope for a good deal, experts said. source https://www.cnbc.com/2023/04/17/travel-costs-are-off-the-charts-experts-say-heres-how-to-save.html

A pilot program in New York City aims to get public high school students interested in accounting and fix the profession's talent pipeline problem. source https://www.cnbc.com/2023/04/17/nyc-is-trying-to-fix-the-accountant-shortage-by-tapping-high-schoolers.html

JPMorgan downgraded Dell to neutral from overweight, citing its preference for HP's expected recovery in the PC segment. source https://www.cnbc.com/2023/04/17/stocks-making-the-biggest-moves-premarket-schw-dell-googl.html

By Mujib Mashal, Hari Kumar and Sameer Yasir from NYT World https://ift.tt/v04HDTz via IFTTT

By Matthew Mpoke Bigg, Vivek Shankar and Enjoli Liston from NYT World https://ift.tt/xuAyozr via IFTTT

By Motoko Rich, Hikari Hida and Mike Ives from NYT World https://ift.tt/0hjJSPT via IFTTT

By Anton Troianovski, Andrew E. Kramer, Erika Solomon and Eric Schmitt from NYT World https://ift.tt/EvPui4Z via IFTTT

Innovator just launched new barrier ETFs designed to provide investors with downside protection. source https://www.cnbc.com/2023/04/15/one-of-a-kind-suite-of-etfs-may-help-investors-during-economic-slumps.html

According to technician Carter Worth, the charts suggest the stock is on the cusp of a major rollback — which has been outperforming the major market indices. source https://www.cnbc.com/2023/04/15/walmart-chart-analyst-carter-worth-sees-trouble-ahead.html

By Katie Rogers from NYT World https://ift.tt/THuF6DJ via IFTTT

These are the stocks posting the largest moves in premarket trading. source https://www.cnbc.com/2023/04/14/stocks-making-the-biggest-moves-before-the-bell-jpm-wfc-lcid-more.html

Wells Fargo increased net income by more than 30% to nearly $5 billion in the first quarter, compared to a year ago. source https://www.cnbc.com/2023/04/14/wells-fargo-wfc-earnings-q1-2023.html

Concerns are mounting around the health of Europe's commercial real estate market, with some investors questioning whether it could be the next sector to blow. source https://www.cnbc.com/2023/04/14/fears-mount-european-commercial-real-estate-could-be-the-next-to-blow.html

The biggest U.S. bank by assets will be watched closely for clues on how the industry fared after the collapse of Silicon Valley Bank and Signature Bank. source https://www.cnbc.com/2023/04/14/jpmorgan-chase-jpm-earnings-1q-2023.html

By Aric Toler, Michael Schwirtz, Haley Willis, Riley Mellen, Christiaan Triebert, Malachy Browne, Thomas Gibbons-Neff and Julian E. Barnes from NYT World https://ift.tt/2ZgbtCf via IFTTT

Starting Thursday, Twitter will give users the option to buy and sell stocks and other assets from eToro, the company told CNBC exclusively. source https://www.cnbc.com/2023/04/13/twitter-to-let-users-access-stocks-crypto-via-etoro-in-finance-push.html

By Andrew E. Kramer and Mauricio Lima from NYT World https://ift.tt/J0qG76b via IFTTT

Alejandro Lopez-Lira, a finance professor at the University of Florida, used ChatGPT to parse news headlines for whether they're good or bad for a stock. source https://www.cnbc.com/2023/04/12/chatgpt-may-be-able-to-predict-stock-movements-finance-professor-says.html

By Vivian Wang and Zixu Wang from NYT World https://ift.tt/KAvFMeo via IFTTT

PIMCO's former chief economist Paul McCulley makes a contrarian call on Fed policy. source https://www.cnbc.com/2023/04/11/fed-rate-hikes-will-end-next-month-former-pimco-economist-mcculley.html

Banks may pull back on lending, clouding the growth outlook — but central banks should stay focused on inflation, Pierre-Olivier Gourinchas told CNBC. source https://www.cnbc.com/2023/04/11/banks-creating-downside-risks-for-global-growth-imf-chief-economist-.html

By Sameer Yasir from NYT World https://ift.tt/xcXyFBi via IFTTT

By Eric Nagourney from NYT World https://ift.tt/cEgI60q via IFTTT

Buffett said he was "very proud" of these investments and that he plans to meet with the companies to emphasize Berkshire Hathaway's support. source https://www.cnbc.com/2023/04/11/berkshire-japan.html

These are the stocks posting the largest moves before the bell. source https://www.cnbc.com/2023/04/10/stocks-making-the-biggest-moves-premarket-mu-pxd-tsla.html

By Carlotta Gall, Oleksandr Chubko and Daniel Berehulak from NYT World https://ift.tt/xpegctC via IFTTT

By Derrick Bryson Taylor from NYT World https://ift.tt/pfi3A5k via IFTTT

Two market experts find flows into bond ETFs are picking up following a lull. source https://www.cnbc.com/2023/04/07/major-trading-platform-ceo-sees-signs-of-a-bond-etf-revival.html

Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares last month, according to data firm Ortex. source https://www.cnbc.com/2023/04/06/short-sellers-made-7-billion-in-profit-from-banking-turmoil-ortex.html

These are the stocks posting the largest moves in early trading. source https://www.cnbc.com/2023/04/06/stocks-making-the-biggest-moves-premarket-cost-rell-fdx-and-more-.html

"We are not in favor of buying common bank stocks right now," says Loreen Gilbert, CEO of WealthWise Financial, who recommends another way of investing in them. source https://www.cnbc.com/2023/04/06/at1s-heres-another-way-to-invest-in-big-banks-and-enjoy-high-yields.html

UBS will hold its annual general meeting on Wednesday morning against a fraught political backdrop following its takeover of fallen rival Credit Suisse, announced last month. source https://www.cnbc.com/2023/04/05/ubs-holds-first-shareholder-meeting-since-controversial-credit-suisse-takeover.html

The price of the crypto token dogecoin spiked 33% on Monday after Twitter replaced its familiar blue bird logo with the image of a shiba inu dog. source https://www.cnbc.com/2023/04/03/dogecoin-jumps-over-30percent-after-twitter-changes-logo-to-doges-symbol.html

The trading halt for Silicon Valley Bank and Signature Bank created hurdles for traders who had bet that the stocks would fall. source https://www.cnbc.com/2023/04/03/marchs-bank-failures-show-options-can-be-tricky-even-when-retail-traders-pick-big-winners.html

By Ivan Nechepurenko and Anatoly Kurmanaev from NYT World https://ift.tt/pj86rPt via IFTTT

There’s a corner of the market gaining traction among ETF investors, according to The ETF Store president Nate Geraci. source https://www.cnbc.com/2023/04/01/playing-the-hot-international-trade-with-etfs-.html