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.
Lyft CEO and president to step down, former Amazon exec David Risher named as replacement
Lyft’s cofounders, Logan Green and John Zimmer, will step back from their day-to-day roles as CEO and president, with David Risher as the new CEO.
DoubleLine’s Jeffrey Gundlach reveals his trading strategy in this tricky market
“The optimal strategy is to reduce risk on strength,” Gundlach said on CNBC’s “Closing Bell” Monday.
JPMorgan says commercial real estate decline is intensifying. Beware these exposed stocks
Commercial real estate, already coping with higher interest rates and fewer workers in offices, faces added pressure from the regional bank fallout.
A deadline looms for rules governing deep-sea mining, but a rushed decision may be risky
The conversation about regulating deep-sea mining in international waters has become especially urgent ahead of a rulemaking deadline.
Chart analysts see danger ahead as tech comeback starts to lose steam
The recent comeback in technology stocks is beginning to lose its luster, and that could mean trouble for the broader market.
Jay-Z is now worth $2.5 billion—Warren Buffett once said ‘he’s the guy to learn from’
The Brooklyn-born artist became rap’s first billionaire back in 2019.
Bitcoin falls after CFTC sues crypto exchange Binance for allegedly breaking trading rules
Bitcoin is still on track to cap a winning month. It’s advanced 16% in March, while ether has gained 6%.
Alibaba founder Jack Ma back in China after months abroad in sign Beijing may be warming to tech
Alibaba founder Jack Ma has been spotted in China in a potential sign that Beijing is warming to technology giants again after a crackdown on the sector.
