CNBC Daily Open: First Citizens made a good deal
Investors liked First Citizens Bank’s deal to buy Silicon Valley Bank’s deposits and loans so much that they pushed its stock 53.74% higher.
This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead
Friday’s plunge in Deutsche Bank’s share price — despite relatively strong capital and liquidity positions — left many market watchers confounded.
Buying the dip on energy stocks? Wall Street pros name their top picks
Investors are flocking back to energy as oil prices dip. Two fund managers reveal their top stocks to take advantage of the sector’s recent weakness.
U.S., Japan strike trade deal on electric vehicle battery minerals
Those minerals include lithium, nickel, cobalt, graphite and manganese.
Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead
China and India accounted for a drop of $35 billion in total deal value for large growth deals for the year, Bain & Co said in a Tuesday report.
As small caps hit multi-decade lows, one fund manager reveals 3 stocks to buy
Josh Bennett, who manages the $640 million Alger Weatherbie Specialized Growth Fund, says these three companies will be less impacted by macroeconomic trends.
Morgan Stanley has upgraded a raft of stocks to overweight — here are 5
Morgan Stanley’s analysts said one of the overweight-rated stocks is set to rise over 50%.
Asia markets trade mixed as contagion fears from banking turmoil ease
Asian markets trade higher as investors put the banking crisis of recent weeks behind them
CNBC Daily Open: First Citizens struck a great bargain
Investors liked First Citizens Bank’s deal to buy Silicon Valley Bank’s deposits and loans so much that they pushed its stock 53.74% higher.
Stocks close lower, Nasdaq drops a second day as higher yields press tech names: Live updates
An uptick in rates put pressure on the broader market.
