Money

Panic on Wall Street subsides over banking uncertainty ends

Published

3 years ago

March 15, 2023

ticker NEWS

Lawmakers are demanding change to ensure these types of financial events don’t happen again

For a little while there, America’s banking system seemed as though it was edging towards a free fall.

But, thankfully, panic on Wall Street has largely subsided.

Regional bank stocks rebounded Tuesday morning after being pummelled in a Monday night selloff.

This was fuelled by a mix of contagion fears and a pile-on of short-sellers who profit when stocks lose value.

Despite the U.S. government’s announcement that it will be backstopping deposits for customers at Silicon Valley Bank and Signature Bank, Wall Street remained wary of smaller banks that may have similar risks.

But the mood in New York on Tuesday was much calmer.

This is partly thanks to the latest inflation report showing price surges falling for the eighth month in a row.

Meanwhile, many lawmakers are demanding change to ensure these types of financial events don’t happen again.

Democratic Representative Katie Porter is calling for a repeal of Trump-era bank deregulation.

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

1 day ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue

Money

S&P 500 and Nasdaq rally ahead of Fed meeting and earnings

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

Published

2 days ago

January 27, 2026

Harvey Vargas

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

The S&P 500 and Nasdaq have climbed for the fourth consecutive session as investors brace for upcoming earnings reports and a Federal Reserve meeting.

Both indexes reached their highest levels in over a week, marking the longest series of gains since December.

#StockMarket #SP500 #Nasdaq #TechStocks

Money

U.S. and China approve TikTok sale to American investors

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

Published

6 days ago

January 23, 2026

Harvey Vargas

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

The United States and China have officially approved a deal for TikTok’s US operations to be sold to American investors, led by Oracle and Silver Lake.

This marks a major shift in the social media landscape as the platform navigates increasing regulatory scrutiny.

Under the new agreement, ByteDance will retain just under 20% of TikTok US, while Oracle and Silver Lake will each take 15% stakes. Other investors will also participate, forming a structure designed to satisfy both commercial and regulatory demands.

The new US-based entity will have a majority American board tasked with overseeing data protection and content moderation. Despite these safeguards, concerns remain about ByteDance’s influence and whether the deal fully complies with recent legislation.

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#TikTokSale #USChinaDeal #Oracle #SilverLake #ByteDance #TechNews #SocialMedia #DataProtection