SVB's collapse has pushed wealthy investors and family offices to reallocate their funds. Wealthy investors and family offices are reallocating their funds out of bank cash balances and into short-term instruments, such as treasuries and money markets, as a result of the recent Silicon Valley Bank crisis and concerns over the safety of bank accounts, according to a report by CNBC.
The Tesla boss celebrates NASA s successful DART mission by posting on Twitter a picture of the King Richard actor landing an open-handed blow to Chris Rock at the Academy Awards.