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Monthly Archives: April 2023

First Republic’s ‘miserable moment’ is different from 2008

First Republic Bank‘s shaky deposit footing and dismal earnings report won’t trigger the chain reaction that investors fear, Jim Cramer said on Tuesday, but could still drag on the market.  Unlike other bank failures, including Silicon Valley Bank’s recent collapse, First Republic’s troubles have largely stemmed from its inability to …

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Here are the top 25 companies to work for in India, according to LinkedIn

LinkedIn has released its annual list of top companies in India to work for and “a vast majority” of them are in either financial services or banking.  According to the professional networking platform, 10 out of 25 companies are from that space this year — a shift from last year’s …

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Easy money is behind us, the hard money is now: Stifel’s warns

Stock pickers may have a clear edge over passive investors. According to Stifel’s Barry Bannister, the market is on a road to nowhere for almost the next decade. related investing news “Easy money is behind us, the hard money is now,” the firm’s chief equity strategist told CNBC’s “Fast Money” …

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China’s EV players are starting to compete on driver assist tech

Huawei’s co-developed Aito electric car brand is now selling an updated version of the M5 model that comes with new driver-assist tech. Bloomberg | Bloomberg | Getty Images BEIJING — Companies in China are playing up assisted driving technology as a way to compete in the hot electric car market. …

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How to build a CD ladder to capture higher interest rates

After years of relatively low yields, certificates of deposit, or CDs, have recently shelled out higher rates, following a series of interest rate hikes from the Federal Reserve. While there’s uncertainty around the Fed’s future moves and the direction of interest rates, experts say CD ladders may capture higher yields …

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Google’s cloud business turns profitable for the first time on record

Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google has been pouring money into its cloud-computing business to compete with Amazon and Microsoft. Those hefty investments are finally turning a profit. Alphabet said Tuesday …

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As possible Social Security benefits cut looms, lawmakers eye new fix

Republican Sen. Bill Cassidy of Louisiana speaks to the press on Capitol Hill on Feb. 10, 2021. Nicholas Kamm | AFP | Getty Images Social Security’s trust funds have a new projected depletion date that is about a decade away. Sen. Bill Cassidy, R-La., revealed during a Tuesday webcast hosted …

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Illumina plans cost cuts as it faces shrinking margins

A building on the campus at the world headquarters of Illumina is shown in San Diego, California, September 1, 2021. Mike Blake | Reuters Illumina on Tuesday unveiled plans to cut costs in a bid to improve the DNA sequencing company’s shrinking margins. The plans aim to reduce Illumina’s annualized …

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Microsoft (MSFT) Q3 earnings report 2023

Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Microsoft shares rose 5% in extended trading on Tuesday after the software maker issued fiscal third-quarter results that exceeded …

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Alphabet (GOOGL) Q1 earnings report 2023

Sundar Pichai, chief executive officer of Alphabet Inc., speaks during the virtual Google I/O Developers Conference in New York, US, on Wednesday, May 11, 2022. The conference aims to help developers get the most out of Google’s tools and platforms while keynotes focus on hardware and software announcements for products …

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