‘The very first bank crisis of the Twitter generation’: The tension on banking companies is quite diverse from 2008

Critical Points

This is “the first bank disaster of the Twitter era,” Paul Donovan, main economist at UBS Global Wealth Administration explained to CNBC.
Social media, cell banking and enhanced restrictions necessarily mean that a monetary crisis right now would glimpse really distinctive from 2008.
Social media not only permits rumors to unfold a lot more simply, but also significantly more quickly.

Supply

Stock and crypto trading site eToro prices IPO at per share ahead of Nasdaq debut

Finance

Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

May 13, 2025

Key Points Israel-based stock brokerage platform eToro said it has priced shares at $52 for its IPO, above its expected range of $46 to $50. The retail trading platform filed for an IPO in March, but as tariff uncertainty rattled markets, the company temporarily shelved ITS plans. EToro scrapped a prior effort to go public […]

Finance

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

May 13, 2025

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 […]

Finance

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

May 13, 2025

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 […]