Social media raises bank run risk, fueled Silicon Valley Bank’s collapse, paper says
A new paper has revealed that social media can play a role in increasing the risk of a bank run, which ultimately led to the collapse of Silicon Valley Bank….
New ETF makes a big bet on cleaning up the environment
A new exchange-traded fund (ETF) has been launched that is focused on investing in companies that are actively working to improve the environment. The ETF aims to provide investors with…
Are gas-powered or electric vehicles a better deal? EVs may win out in long run, experts say
Experts say that electric vehicles (EVs) may be the better deal in the long run. EVs are becoming increasingly popular due to their low running costs, environmental benefits, and government…
Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse
Credit Suisse reported staggering asset outflows of more than $68 billion during the first quarter of 2020. This figure is a record for the Swiss bank as investors pulled out…
Chegg drops more than 40% after saying ChatGPT is killing its business
Chegg, a leading online tutoring platform, has recently seen a huge drop in its stock prices. The company has attributed the drastic decrease to the introduction of ChatGPT, a new…