Tag: Wall Street Journal

US Open: Stocks still jittery on banking woes, Inflation expectation fall to lowest levels in nearly 2 years, Crude struggles, Gold shines, Bitcoin eyes...

BlockchainMarch 17, 2023

US stocks are weakening on fears that this week’s banking turmoil will lead to tighter lending standards that will cripple small businesses and...

Big Banks swoop in to save First Republic

CrowdfundingMarch 17, 2023

Just as the banking world looked set to return to some kind of normality, its fate was jeopardized again with the news of a...

FinTech startup Stripe raises $6.5 billion in down round; valuation plunges to $50 billion from $95 billion 2 years ago

FintechMarch 17, 2023

On February 24, we wrote about Stripe after the fintech giant announced it was close to raising $4 billion in fresh funding that will...

Boxed Teeters On Brink Of Bankruptcy

StartupsMarch 16, 2023

Another day, another high-valuation venture-funded company teeters on the cusp of closure. Today, it’s Boxed, a one-time startup investor darling that set out to...

US Close: Stocks rally as bank jitters ease, No surprises from Yellen, ECB hikes, Oil rebounds, profit-taking time for gold, Bitcoin edges higher

BlockchainMarch 16, 2023

US stocks are rallying as Wall Street worries over the banking sector are easing after the big banks offer support to First Republic...

Diamond Sports Group Declares Bankruptcy After $8.67bn in Debt

GamingMarch 16, 2023

Two days ago, Diamond Sports Group, the biggest owner of regional sports networks and a well-known subsidiary of Maryland-based Sinclair Broadcast Group, reported that...

[Axiom Space in The Wall Street Journal] Watch: NASA unveils spacesuits for astronauts on next moon mission

CrowdfundingMarch 16, 2023

NASA on Wednesday demonstrated a prototype of new spacesuits developed by Axiom Space. The suits are designed for astronauts on the 2025 Artemis III...

SBF Petitions for FTX Insurance Policies to Cover Legal Fees

BlockchainMarch 16, 2023

Former FTX CEO Sam Bankman-Fried wants the exchange’s insurers to reimburse his legal fees as a matter of priority.According to a motion filed on...

Mid-Market Update: Stocks fall as banking worries persist, Credit Suisse crisis, Euro plunges, Oil crashes through $70, Gold demand surges, Bitcoin softer

BlockchainMarch 15, 2023

US stocks are dropping as Wall Street anticipates further global banking turmoil after Credit Suisse fails to secure additional capital and their CDS...