On Friday, oil prices strengthened as a meeting between Saudi Arabia and Russia helped ease market concerns. Support measures brought stability to a banking crisis that sent oil prices toward their most significant weekly drop since December. Brent crude futures rose by $1.09, or 1.46%, reaching $75.79 a barrel at 1040 GMT, while U.S. West…
Stocks to watch in premarket trading on Friday, March 17th. Keep checking for updates. First Republic Bank (NYSE:FRC) shares dropped 13% as the regional bank continued facing challenges, despite a $30 billion deposit from major banks as a show of support. FedEx (NYSE:FDX) shares surged 11% after the company raised its guidance following impressive third-quarter earnings, beating expectations due…
Deribit, the leading exchange for Bitcoin and Ether options, intends to introduce futures contracts to support Bitcoin volatility trading. BTC DVOL futures will be based on the Deribit Bitcoin Volatility Index, which gauges the implied volatility in the market for the most significant digital asset, as announced by the company in a statement earlier this…
Good morning. Credit Suisse attempts to regain client trust, US banks seek unprecedented amounts from the Federal Reserve, and Bill Ackman expresses concern. Here are the trending topics. Credit Suisse’s $54 billion lifeline, secured on Thursday, allows the bank to rebuild its operations. However, some clients are not willing to wait and see the outcome.…