June 7, 2023

The Bull Case For Banks Looks Good Only On Paper

By Michael Msika, Bloomberg markets Live reporter and strategist Europe’s banking stocks are cheap and are supported by some of the strongest fundamentals since the global financial crisis, with elevated rates and solid capital buffers. But worries that it may not last long is spoiling the bull case. Valuations and cash returns look appealing, balance sheets are

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Rising From The Ashes: 5 Undervalued Regional Bank Stocks Poised For Growth As Industry Rebounds – East West Bancorp (NASDAQ:EWBC), Western Alliance (NYSE:WAL), Zions Bancorp (NASDAQ:ZION), Huntington Bancshares (NASDAQ:HBAN), Columbia Banking System (NASDAQ:COLB), SPDR S&P Regional Banking ETF (ARCA:KRE)

Regional bank stocks are gradually emerging from the crisis that struck the industry in March 2023. Over the first week of June, regional banks emerged as the best-performing industry in the U.S. stock market, with the SPDR Regional Banking ETF KRE soaring by 10%. Only three months ago, the failures of Silicon Valley Bank and

Rising From The Ashes: 5 Undervalued Regional Bank Stocks Poised For Growth As Industry Rebounds – East West Bancorp (NASDAQ:EWBC), Western Alliance (NYSE:WAL), Zions Bancorp (NASDAQ:ZION), Huntington Bancshares (NASDAQ:HBAN), Columbia Banking System (NASDAQ:COLB), SPDR S&P Regional Banking ETF (ARCA:KRE) Read More »

Berner’s Cookies Brings Its ‘Finest And Most Popular Strains In The World’ To Illinois Via Revolution Cannabis

International cannabis lifestyle brand Cookies announced the rollout of its flower cultivars in the state of Illinois. The company’s collaboration with Revolution Cannabis yielded a robust range of genetics, available throughout June in all of the Prairie State’s Enlightened Dispensary locations. “Cookies has curated the finest and most popular strains in the world, and we

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Gary Gensler, SEC-Inspired Meme Coins Soar – Coinbase Glb (NASDAQ:COIN)

Meme coins inspired by the Securities Exchange Commission (SEC) and its chair Gary Gensler have gained significant momentum, beating Dogecoin DOGE/USD, Shiba Inu SHIB/USD, and Pepe coin PEPE/USD in gains over the last 24 hours. What Happened: Following the SEC’s recent lawsuits against crypto exchanges Coinbase Inc COIN and Binance, a number of meme coins

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Google’s Waymo Self-Driving Vehicle Unable To Avoid Fatal Collision With Dog On Street – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA)

The autonomous driving technology unit of Alphabet Inc. GOOG GOOGL, Waymo, reportedly killed a dog in San Francisco, California. What Happened: The car collided with the dog which ran in front of it on May 21, San Francisco-based KRON4 reported. The incident occurred on Toland Street. Though the car identified the dog, it was unable to avoid

Google’s Waymo Self-Driving Vehicle Unable To Avoid Fatal Collision With Dog On Street – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA) Read More »

SEC Suing Binance Not In ‘Best Interest Of The United States,’ ‘A Mistake For The Country,’ Says Anthony Scaramucci

An investor in the digital asset space is speaking out after the SEC announced it is suing leading cryptocurrency exchange Binance. Here’s what SkyBridge Capital co-founder Anthony Scaramucci had to say. What Happened: The SEC announced it is suing Binance and its founder Changpeng Zhao for deception, conflicts of interest and evasion of U.S. law.

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