JPMorgan states far more financial institutions could run out of reserves like SVB if speed of this deposit flight continues
Finance
Stocks making the biggest moves midday: Photronics, AeroVironment, Maplebear, GE Vernova & more
Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a blog post that its same-day […]
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Finance
Trump to start final Fed chair interviews beginning with Kevin Warsh
watch now VIDEO1:5301:53 President confirms search for the next Fed chair is still on Squawk Box President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, […]
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Finance
Stocks making the biggest moves premarket: GameStop, AeroVironment, Cracker Barrel & more
Check out the companies making the biggest moves before the bell: AeroVironment — The drone maker slid more than 4% on the back of a fiscal second-quarter earnings miss. AeroVironment earned 44 cents per share, well below an LSEG estimate of 78 cents per share. Cracker Barrel Old Country Store — The restaurant stock dropped […]
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