↘️ First Republic Bank (FRC): The lender's shares tumbled 21% premarket after results showed customers [pulled about $100 billion in deposits](https://www.wsj/articles/first-republic-lost-100-bill
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Stock futures gained Thursday after Facebook parent Meta became the latest market heavyweight to report better-than-expected earnings. In recent trading: Stock futures gained. Futures tied to the Nasdaq-100 led
By: Caitlin Mccabe
Meta shares are headed for a big move Thursday after the social-media company reported better-than-expected first-quarter results, thanks to growth in advertising revenue and a rise in daily active users. The tech behem
By: Caitlin Mccabe, Charley Grant
Meta Platforms shares jumped, following strong results from Microsoft and Alphabet earlier in the week.
By: Caitlin Mccabe
Robinhood Markets has found itself in the hot seat again. The chief executive of AMC Entertainment slammed the online brokerage after it posted a message in error Monday saying the movie-theater chain had filed for bankruptcy. Screenshots circulating on social media showed Robinhood briefly issued
By: Caitlin Mccabe
Stock indexes are rising on optimism that the Federal Reserve could deliver its final interest-rate increase of the current cycle on Wednesday. Bond investors, however, aren’t in such a sanguine mood. Futures markets show that traders aren’t expecting further interest-rate increases from the Fed af
By: Caitlin Mccabe
An investor group with a more than 8% stake in Swiss investment firm GAM is objecting to a bid from Liontrust Asset Management, saying the deal undervalues the target. On Thursday, London-listed Liontrust had agreed to buy GAM for £96 million, or about $121 million, to create a group overseeing the
Here's another sign that the dollar's strength is on the wane: The greenback is on pace for its longest losing streak in more than two years. The WSJ Dollar Index, which measures the dollar against a basket of currencies, i
By: Caitlin Mccabe
Investors have been dumping shares of regional banks lately amid worries that stress in the sector isn't over. But at least one group has been buying: insiders at the banks. Corporate executives at companies including PacWest Bancorp, Zions Bancorporation and Central Valley Community Bancorp have b
By: Caitlin Mccabe
Robinhood Markets customers encountered a fresh snafu Monday when some accounts briefly displayed incorrect balances, stoking outrage and confusion among users. Screenshots on social media showed some app users late Monday found account balances had apparently fallen to zero or even negative territ