Silicon Valley traders and founders express shock, explain struggles to get funds out of SVB

Essential Factors

As Silicon Valley Lender was shuttered by the FDIC on Friday, traders and companies with funds locked up expressed dismay at how it went down.
Several enterprise capitalists likened collapse is akin to a Twitter-led financial institution operate, centered far more on unjustified anxiety than reality.
Investors ended up urging their portfolio companies to allocate cash to other banking institutions so they could shell out their workers on time.

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Finance

China to bolster consumption, tech development as U.S. tensions simmer

October 23, 2025

Key Points China on Thursday wrapped up a four-day meeting that laid out broad development priorities for the next five years. Analysts noted a significant change in Beijing’s emphasis on consumption, while adhering to plans for boosting tech self-reliance and manufacturing. The gathering comes as tensions between China and the U.S. have escalated. Source

Finance

Stocks making the biggest moves premarket: IonQ, Molina Healthcare, Tesla, Hasbro, Beyond Meat, IBM

October 23, 2025

Check out the companies making headlines before the bell on Thursday. Quantum computing stocks — Quantum computing shares jumped on a Wall Street Journal report that U.S. President Donald Trump’s administration is in talks to acquire equity stakes in several quantum computing firms. Rigetti Computing is up 8%, while IonQ and Quantum Computing rose nearly […]

Finance

China’s property slump is far from bottoming. But Beijing is prioritizing tech growth

October 23, 2025

Key Points Chinese policymakers will likely focus more on tech development than real estate as tensions with the U.S. escalate. “The government believes the property market is bottoming,” said Zhu Ning, author of “China’s Guaranteed Bubble.” But he believes “it is a gradual process and may take more time before reaching the bottom.” Source