This is not one more banking disaster, analysts say — it truly is ‘sentiment contagion’ as an alternative

This is not one more banking disaster, analysts say — it truly is ‘sentiment contagion’ as an alternative


Crucial Details
  • The collapse of U.S.-based Silicon Valley Financial institution, the major bank failure because the worldwide fiscal disaster, sparked a offer-off in banking stocks as contagion fears distribute.
  • The S&P 500 Banking companies index climbed 3% on Monday, but remains down 22.5% over March, though in Europe, the Stoxx 600 Banks index shut 1.7% greater Monday but has lose additional than 17% this month.
  • Citi concluded that, in the absence of a obvious explanation for Friday’s inventory value moves, we are in an “irrational industry.”



Supply

Stocks making the biggest moves midday: Nvidia, Boeing, Coinbase, First Solar and more
Finance

Stocks making the biggest moves midday: Nvidia, Boeing, Coinbase, First Solar and more

Check out the companies making the biggest moves midday: Nvidia — The chipmaker jumped 6% following the announcement it will sell more than 18,000 of its artificial intelligence chips to Saudi Arabian company Humain to be used in the latter’s 500 megawatt data center. UnitedHealth Group — The insurance stock tumbled 16% to trade at […]

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Here’s the inflation breakdown for April 2025 — in one chart
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Here’s the inflation breakdown for April 2025 — in one chart

Key Points The consumer price index declined to 2.3% in April from 12 months earlier, the lowest reading since February 2021. However, tariffs levied by President Donald Trump are expected to re-ignite inflation as soon as next month, according to economists. Prices declined for categories like gasoline, groceries, apparel, used cars and airline fares during […]

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Stocks making the biggest moves before the bell: UnitedHealth, Rigetti Computing, Coinbase, Hertz and more
Finance

Stocks making the biggest moves before the bell: UnitedHealth, Rigetti Computing, Coinbase, Hertz and more

Check out the companies making headlines in premarket trading. UnitedHealth — Shares dropped 7% in the premarket Tuesday after the company announced it was suspending its 2025 outlook due to higher-than-expected medical expenditures. UnitedHealth also announced CEO Andrew Witty was stepping down, effective immediately, for personal reasons. Stephen Hemsley will replace Witty as chief executive. […]

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