Reels, advertisements and cost slicing propel Meta’s stock to 17-month significant. How the pros are participating in it
Finance
Stocks making the biggest moves after hours: IBM, Tesla, Moderna and more
Check out the companies making headlines in after-hours trading. Southwest Airlines — Shares of the airline gained 2% on the back of a surprise quarterly profit . Southwest also said that demand and fares are both improving. The company reported adjusted earnings of 11 cents per share, while analysts polled by LSEG had expected a […]
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Finance
Western Alliance CEO says alleged loan fraud is ‘incredibly frustrating’ but isolated issue
Key Points Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank’s CEO said he believes the alleged loan fraud that sparked a selloff last week is an isolated case. The Cantor Group episode forced Western Alliance to review other loans in its note finance portfolio, […]
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Finance
The biggest crypto wipeout was led not by bitcoin, but much smaller tokens. Here’s what happened
Chesnot | Getty Images The crypto industry recently had one of its worst days ever. And while bitcoin and ether holders seem to have put some of the carnage behind them, traders of many lesser-known tokens are still feeling a lot of pain. More than 1.6 million traders suffered a combined $19.37 billion erasure of […]
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