On Wednesday, Credit Suisse rattled markets by announcing it had found "material weaknesses" in its financial reporting processes for 2021 and 2022.
Over the past several days, we saw the second and third largest bank failures in US history. So, what happened?
Another week, another bank in trouble. Shares of Silicon Valley Bank ($SIVB) plunged more than 62% today, after the lender announced it completed a firesale of its $21B available-for-sale bond portfolio, taking a a $1.8B loss.
Grayscale Investments, an American digital currency asset management company, is suing the SEC after they refused to let Grayscale create a spot market Bitcoin ETF... and the case is in court today.
We all know that OpenAI created the hottest product of the year: ChatGPT. But did you know that the company's tech team (and the brains behind the revolutionary chatbot) is led by a women?
On Saturday, Warren Buffett released his 2023 letter to Berkshire Hathaway shareholders. The letter was met with mixed reviews, but one thing he didn't mince words on? Stock buybacks.
On Wednesday, the names of two secret signers of Sam Bankman-Fried’s $250M bond package were revealed, and the identities have deep ties to Stanford.
On Sunday, Rihanna headlined the Super Bowl's half time show with her chart-topping bangers, while simultaneously (and subtly) revealing her pregnancy— and she didn't even break a sweat.
On Wednesday, Google's parent company, Alphabet, lost $100B in market value after its new artificial intelligence chatbot, Bard, produced a factual error in an ad demo.
Microsoft is going head-to-head with Google by announcing it's new Bing and Edge browser powered by upgraded ChatGPT AI.
On Wednesday, Meta released its fourth quarter earnings, sending shares soaring >20% in extended trading.
Hermès, the French fashion powerhouse, is taking on the digital art industry.
