YOLO-All-IN
voted
Hey, mooers!
Welcome back to Monthly Buzz!
As the month began, markets continued to be optimistic as inflation turned out to be better than expected. Equity markets continued to rise, led by the small-cap Russell 2000 Index. At the same time, the Nasdaq 100 underwent a special adjustment to address its weighting.
Later in the month, the Federal Reserve raised interest rates by another 25 basis points, leaving the door open for another rate hike....
Welcome back to Monthly Buzz!
As the month began, markets continued to be optimistic as inflation turned out to be better than expected. Equity markets continued to rise, led by the small-cap Russell 2000 Index. At the same time, the Nasdaq 100 underwent a special adjustment to address its weighting.
Later in the month, the Federal Reserve raised interest rates by another 25 basis points, leaving the door open for another rate hike....
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$Faraday Future Intelligent Electric Inc. (FFIE.US)$ Delay again or ready to fly?
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YOLO-All-IN
voted
$PacWest Bancorp (PACW.US)$The price of PacWest’s shares has dropped nearly 72% since the start of 2023 as of Wednesday evening. After hours, there has been a drop of almost 52%.
Bloomberg reported Wednesday that PacWest Bancorp is mulling those options. The California-headquartered bank has not seen an official process for an auction kickoff so far, according to the report.
In April, the bank said its total deposits had com...
Bloomberg reported Wednesday that PacWest Bancorp is mulling those options. The California-headquartered bank has not seen an official process for an auction kickoff so far, according to the report.
In April, the bank said its total deposits had com...
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