Credit Suisse’s top picks for March include new addition Microsoft
Credit Suisse refreshed its top stock picks for March, as investors become more anxious about the effect of higher interest rates on the market.
Luxury home sales plunge 45%, with Miami and the Hamptons hit hardest
Tight supply and higher rates are pushing luxury home prices higher.
Judge in Trump rape defamation case allows ‘Access Hollywood’ tape as evidence
Trump is accused of raping the writer E. Jean Carroll decade ago and defaming her when she went public with her allegations during his White House tenure.
Analysts see a buying opportunity in this financial stock in particular amid SVB-fueled sell-off
Shares of this financial services name dropped nearly 13% on Thursday. Analysts believe the sell-off presents an attractive entry point.
House votes unanimously to declassify intelligence on origins of Covid pandemic, sending bill to Biden
The effort by Congress to declassify intel comes after the Energy Department concluded with “low confidence” the the virus most likely escaped from a lab.
Meta exploring a new social network that could compete with Twitter
Meta is exploring a decentralized, text-based social network that could compete with Elon Musk’s Twitter,
Payrolls rose 311,000 in February, more than expected, showing solid growth
Nonfarm payrolls were expected to increase by 225,000 in February, while the unemployment rate was projected to hold at 3.4%, according to Dow Jones.
Astra investigating ‘potential illegal short selling’ as delisting deadline looms
Astra said it hired financial software firm ShareIntel to assist with its review of “suspicious, aberrant or unusual trading activity.”
UBS says to sell Caterpillar, citing sluggish growth outlook
Analyst Steven Fisher downgraded the construction equipment manufacturer’s shares to sell from neutral, citing a lack of growth momentum.
Analysts downgrade SVB Financial as uncertainty around tech-focused bank looms
Confidence around the stock dropped after SVB Financial announced a plan to raise more than $2 billion in capital to help offset losses on bond sales.
