MARKET WRAPS Stocks: European shares were mostly higher on Thursday as investors weighed a heavy slate of earnings, although gains were capped as more hawkish comments from Federal Reserve. -February 08, 2024 at 05:22 am EST
- MarketScreener
Akamai will shrink its workforce by 3% as its shifts resources from its shrinking content delivery business to growth areas in cloud computing and security. The
Akamai will shrink its workforce by 3% as its shifts resources from its shrinking content delivery business to growth areas in cloud computing and security. The
bank-run problem. i think what s really happening is, at the end of all of this, there s going to be another regulatory look at what the small and medium-sized banks are doing. silicon valley bank took some big bets. it put people s money at risk. that wasn t okay. that s going to have big implications or how we regulate the industry and put it profitability of other banks. do you think some of those banks are at risk of failing? no. first of all, silicon valley bank was special. most of your viewers, those who have left than $250,000 in the bank don t need to worry about any of this at all because your funds are insured by the government. they say if there s no money in the vault, we ll send you the money anyway. the problem with silicon valley bank, its customers, mostly venture capitalists and startups had gobs of money in the bank. way more than $15 $250,000. most was insured other banks
soaring, and that is because they put out promising outlook for the future. american airlines has demanded as strong as they ve ever seen you see right there with almost pre-pandemic numbers of people going through tsa checkpoints across the country yesterday. american airline says it s expecting record revenue in this current quarter, they also expect to be profitable for the first time since the pandemic started this quarter, that puts them in line with delta and united, sander, which also expect a hit profitability this year. we have seen some false starts with air travel recovery throughout the pandemic with the vaccine rollout, than omicron hit, that changed everything. but it does seem like it is back for real this time. we will see. sandra: we will see is right. a very busy chicago o hare airport behind you, grady, think he. it trace? trace: we also do horrifying images from last week s subway attack in new york but even as people ran for their lives they show their face mas