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☆ Stocks making the biggest premarket moves: Western Alliance, TJX, Wynn, Tesla & more
▼ + stars: | 2023-05-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves in premarket trading:Western Alliance — Shares popped 12% premarket after Western Alliance said its deposit growth for the current quarter exceeded $2 billion as of May 12, up from the $1.8 billion in deposit growth for the quarter through May 9. Target also said it expects sales to remain sluggish in the current quarter, marked by a single digit decrease in comparable sales. Zions Bancorporation — The Salt Lake City-based bank added 4.7% as regional banks moved higher in premarket trading, led by Western Alliance. It guided for between $2.00 and $2.06 EPS for the current quarter, above analysts' forecast of $1.96. Doximity — The medical software stock dropped nearly 10% premarket, one day after the company issued weak guidance for the current quarter.

☆ A conservative group just asked a federal court to end the student-loan payment pause immediately — partly because 'some junior associates at major law firms saw their six-figure salaries increase' du
▼ + stars: | 2023-05-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Conservative nonprofit Mackinac Center asked a federal court to immediately end the student-loan payment pause on Thursday. The ongoing payment pause is currently set to end this summer. In April, the group filed its initial lawsuit against the Education Department to end the pause and prevent a further extension. Additionally, in Thursday's complaint, the group claimed that not every student-loan borrower required the relief the payment pause brought. Nationwide debt relief that fails to distinguish between the two groups provides an unlawful windfall to the latter.

☆ Stocks making the biggest moves midday: PacWest, Western Alliance, Paramount Global & more
▼ + stars: | 2023-05-04 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Paramount Global — The media stock cratered more than 27% after the company slashed its dividend and reported earnings that fell short of analyst expectations. Paramount Global cut is dividend to 5 cents from 24 cents a share, marking its first reduction since 2009. PacWest , First Horizon , Western Alliance — Regional bank stocks were under heavy pressure again on Thursday. Royal Caribbean — The cruise line advanced 6% after the company beat Wall Street expectations for the quarter. The company reported a wider overall loss than expected due to tax expenses related to an IRS settlement.

☆ Stocks making the biggest moves premarket: Starbucks, AMD, Pearson, PacWest & more
▼ + stars: | 2023-05-03 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in premarket trading. AMD — The semiconductor stock fell more than 7% in premarket trading after quarterly results a day earlier. PacWest's shares fell 4.6% in premarket trading after sliding nearly 28% on Tuesday. Biogen reported earnings last week, notching an adjusted $3.40 per share while analysts polled by StreetAccount forecasted $3.28. The online dating company reported first-quarter earnings that topped analysts estimates from Refinitiv after the bell Tuesday.

☆ Should investors buy regional bank stocks? A bull and a bear weigh in — and share 3 top picks
▼ + stars: | 2023-04-17 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

A bull and a bear on U.S. regional banks faced off on CNBC's " Street Signs Asia " on Thursday and shared their stock picks. 'Not the environment' for regional banks It's "not the environment" for regional banks right now, said Brian Stutland, portfolio manager at Equity Armor Investments. Stock picks For investors still keen on regional bank stocks, Marinac said his top two picks are Fifth Third Bancorp and First Citizens . First Citizens announced in late March that it will buy over Silicon Valley Bank's deposits and loans. He highlighted "the fact that [regional bank] stocks are down 40% when you've had earnings down about 5%.

☆ NATO's newest member is now becoming the first country to buy an advanced Israeli air-defense system
▼ + stars: | 2023-04-07 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

A day after it joined NATO, Finland said it'll buy an advanced Israeli air-defense system. The Finnish Defense Ministry said it approved the purchase of the David's Sling system in a statement on Wednesday. Israeli defense company Rafael Advanced Defense Systems will deliver the system, which was procured in a deal valued at nearly $345 million, according to the statement. It will be the first export of the David's Sling system, according to a translation of the ministry's statement. David's Sling is an advanced air-defense system built by Rafael and the US firm Raytheon and has been operational since 2017.

☆ Stocks making the biggest moves midday: Nvidia, Palantir, Western Alliance, Johnson & Johnson and more
▼ + stars: | 2023-04-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. This development would give U.S. government customers and industry partners access to enterprise-grade capabilities by Palantir and Microsoft. Western Alliance also said it has enough liquidity to cover the remaining uninsured deposits. Johnson & Johnson — Shares rose about 3%. Conagra Brands — The packaged goods food company rose 3% after topping Wall Street's expectations on the top and bottom lines for the recent quarter, according to FactSet.

☆ Putin said Finland joining NATO didn't pose a threat, but now that it's a done deal, Russia is warning it will have to take action
▼ + stars: | 2023-04-04 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +3 min

Finland joining NATO is one of the most significant consequences of Russia invading Ukraine. Putin said at that time that Finland joining NATO didn't pose an "immediate threat" to Russia. Less than a year ago, however, Russian Foreign Minister Sergei Lavrov suggested that Finland joining NATO wouldn't make "much difference." Finland joining NATO marks one of the most significant geopolitical consequences of Russia's invasion of Ukraine to date and represents a dramatic realignment of Europe's security framework. But now, as a result of invading Ukraine, Russia has seen its land border with NATO double in size.

☆ Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more
▼ + stars: | 2023-03-28 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth. Alibaba — Shares jumped 9.8% after the e-commerce giant said it would split its company into six separate business groups. Meanwhile, the company reported revenue at $34.86 billion, beating the $33.53 billion expected by Wall Street. PagSeguro — Shares gained 5% after Citi upgraded the Brazilian payment stock to buy on the back of fourth-quarter earnings. Array Technologies — The renewable energy stock added 3.6% following an upgrade to buy from hold by Truist.

☆ A student-loan borrower was promised a $5,000 refund on payments after Biden's broad debt relief. Months later, she's still waiting — and no one is picking up the phone to help.
▼ + stars: | 2023-03-19 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Roxanne Dougherty, 31, is waiting for a $5,000 refund on her student-loan payments. The Education Department directed Insider to guidance on refunds posted on Federal Student Aid's website. "No one is taking the time to help me or to listen to me when it comes to MOHELA," Dougherty said. "It just seems like there's something in it for them to not help," Dougherty said. Are you still waiting for a refund on your student-loan payments?

☆ What credit ratings have to do with the fallout at Silicon Valley Bank and First Republic — and why they matter so much to banks
▼ + stars: | 2023-03-16 | by ( Huileng Tan | ) www.businessinsider.com time to read: +8 min

As panic shoots across the banking sector, US banks' credit ratings have come under the spotlight, and investors are zooming in on how these institutions are graded. Moody's, S&P Global, and Fitch are three big credit ratings agencies that control about 95% of the credit ratings in the financial markets. In fact, during the global financial crisis, credit ratings agencies had been blasted for giving better ratings to risky mortgage-backed securities and collateralized loans. Fears of the crisis spreading have also hit the credit ratings of First Republic Bank. First Republic Bank is now considering various options —including a sale – Bloomberg reported Wednesday, citing people with knowledge of the matter.

☆ The CEO of Silicon Valley Bridge Bank is asking customers to return. But spooked Americans are moving billions out of smaller banks and into Wall Street giants.
▼ + stars: | 2023-03-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The CEO of Silicon Valley Bridge Bank asked customers to move their money back to the bank. US depositors have been moving billions of dollars from smaller to larger banks, per Reuters. The bridge bank, which opened on Monday, is a new lender created by the Federal Deposit Insurance Corporation, which took over the deposits of the Silicon Valley Bank. His statements come just as US depositors are moving billions away from smaller banks after the collapse of Silicon Valley Bank and Signature Bank, New York, Reuters reported Tuesday. Both Silicon Valley Bank and Signature Bank, New York, experienced runs on deposits that led to their closures.

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☆ Stocks making the biggest moves midday: Silvergate, Bed Bath & Beyond, Walgreens and more
▼ + stars: | 2023-01-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Silvergate — Shares of the crypto-focused bank tumbled more than 42% after Silvergate disclosed massive customer withdrawals during the fourth quarter. Bed Bath & Beyond — The home goods retailer plummeted 24% after reporting it's running out of cash and is considering bankruptcy, citing weaker-than-expected sales. Constellation Brands — The alcoholic beverage maker's shares fell 8.8% after quarterly earnings came in slightly lower than analysts expected, according to FactSet. The food company reported earnings of 81 cents per share on revenue of $3.31 billion in revenue. GE Healthcare Technologies — Shares of the new public company fell 3% on their second day of trading, after rallying 8% on Wednesday.

☆ Stocks making the biggest moves premarket: Silvergate Capital, Walgreens, Amazon and more
▼ + stars: | 2023-01-05 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in New York City, November 26, 2021. Check out the companies making headlines and moves in premarket trading. Walgreens Boots Alliance — The drugstore stock fell about 2% in premarket even after the company reported fiscal first quarter earnings that beat analyst estimates. Western Digital — Shares jumped more than 5% after Western Digital and Japan's Kioxia Holdings resumed merger talks, according to a Bloomberg News report that cited sources familiar with the matter. American Express — The stock fell 1.48% in the premarket after being downgraded by Stephens on Thursday to underweight from equal weight.

☆ JetBlue and American announced 11 all-new routes as the pair beefs up its controversial Northeast Alliance — see the full list
▼ + stars: | 2022-12-09 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

JetBlue Airways and American Airlines announced 11 new routes as part of their Northeast Alliance. Walter Bibikow/Getty ImagesJetBlue will start once-daily flights between New York and Hyannis near Cape Code in the spring of 2023. Just dance/ShutterstockJetBlue will start once-daily flights between New York and Bermuda in the spring of 2023. Aleenah AnsariJetBlue will start once-daily flights between Boston and Vancouver in the spring of 2023. American will start once-daily flights between New York and Knoxville on May 5.

☆ The scramble to rearm Ukraine is transforming NATO in a way that would've been hard without Putin's help
▼ + stars: | 2022-11-22 | by ( Rachel Nostrant | ) www.businessinsider.com time to read: +8 min

NATO countries have scrambled to rearm and resupply Ukraine as it fights off Russia's invasion. Troops from six NATO countries during a joint terminal attack controller training in Latvia on April 6. Germany has agreed to send some older hardware to countries that send their Soviet-made tanks and armored vehicles to Ukraine. Interoperability with weapons and alignment on tactics will also make it "veritably impossible for these countries to leave NATO," Banerjee added. "The weapons are from NATO, they're going to be from NATO, they will be back-built, and these components will be from NATO countries."

☆ Stocks making the biggest moves midday: Carvana, Meta, Palantir, Viatris, Walgreens and more
▼ + stars: | 2022-11-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Carvana — Carvana shares shed more than 15%, with trading briefly halted at one point due to volatility. Walgreens raised its fiscal year 2025 sales goal for its U.S. health-care business to $14.5 billion to $16.0 billion, from $11.0 billion to $12.0 billion to account for the deal. Viatris — The global health-care company rallied 16% after it announced it intends to create an ophthalmology franchise by acquiring Oyster Point Pharma and Famy Life Sciences. The toymaker's shares shed nearly 60% last Friday after it delivered disappointing quarterly results and issued a weak forward guidance that included a fourth-quarter loss. DoorDash — Shares of the food delivery company rallied 2.5% after being upgraded by Oppenheimer to outperform from perform.

☆ Meet a 30-year-old with $110,000 in student debt who chose her job in hopes of public-service loan forgiveness — but her balance just keeps growing
▼ + stars: | 2022-10-30 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Kjerstin Laine, 30, owes over $110,000 in student debt from undergraduate and graduate programs. But interest means she's barely paid it off, and Biden's forgiveness is just a drop in the bucket. For Laine, a 30-year-old who has over $110,000 in student debt, the $20,000 in forgiveness she's set to get from President Joe Biden's plan is just a drop in the bucket. Her situation points to the larger structural issues underpinning the student debt crisis, where first-generation and lower-income students take on huge debt burdens to get ahead and up their earnings but still find themselves buried under ever-growing balances. The company that manages the entire Public Service Loan Forgiveness portfolio — MOHELA — isn't making matters any easier.

☆ Hours-long hold times with their student-loan company are keeping public servants in a 'limbo period' wondering if they'll get the debt relief they qualify for
▼ + stars: | 2022-10-22 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

Student-loan borrowers in public service have reported issues reaching their loan company, MOHELA. Regardless of who is to blame for the long hold times, it's leaving Nathan in a financially precarious situation. "I'm not even trying to call and ask about the student loan forgiveness. 'Restarting payments is a massive concern'Neither Kate nor Nathan know how much they will have to pay monthly once student-loan payments resume in January. While Nathan and Kate are grateful for the broad debt relief, their primary concern is ensuring their time spent working in public service is accounted for.

☆ It is 'unconscionable' that a major student-loan company would be involved in lawsuits that would 'rob millions' of borrowers of Biden's debt cancellation, a Democratic lawmaker says. She wants answer
▼ + stars: | 2022-10-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Rep. Cori Bush requested information from student-loan company MOHELA on its involvement in a lawsuit. Six GOP-led states recently argued Biden's debt relief would hurt the business operations of MOHELA. "It is unconscionable that your company—as one of the largest student loan companies in the world—would be involved in overtly political efforts to rob millions of their right to student loan debt relief," Bush wrote. "To date, your company has remained silent about the legal efforts filed on your behalf to halt President Biden's student debt cancellation program. Does MOHELA support efforts to block debt relief in an effort to preserve its own profits?

☆ 8 million student-loan borrowers have already applied for debt cancellation 'without a glitch,' Biden says
▼ + stars: | 2022-10-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Biden officially launched the student-loan forgiveness application website. He said 8 million borrowers had applied during the beta testing period "without a glitch." During his remarks, Biden noted that over 8 million borrowers applied over the weekend "without a glitch or any difficulty." "It means more than 8 million Americans are starting this week on their way to receiving life changing relief," Biden said. The department recommends applying before mid-November to ensure relief hits borrowers' accounts before payments resume in January 2023.

☆ Ex-ambassador says the US and its allies need to bring Hungary's authoritarian leader 'to his senses' as he and Turkey's Erdogan hold NATO's expansion hostage
▼ + stars: | 2022-10-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

Hungary and Turkey are the only two states that haven't approved adding Finland and Sweden to NATO. One ex-diplomat told Insider the US and its allies need to bring Orbán "to his senses." Hungary and Turkey, however, have yet to sign off on adding new members to the alliance and are instead purposefully holding up proceedings. Both leaders have tried to leverage their own strategic interests in exchange for approving what would be a major expansion of the NATO alliance, interests like security guarantees or pleasing other heads of state. The two Nordic countries would provide the NATO alliance with a significant boost to its overall military capabilities across all domains — air, land, sea, and with intelligence.

☆ Even the 'inflation is peaking' narrative is in doubt, drowning out decent earnings
▼ + stars: | 2022-10-13 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

One of the only crumbs bulls have had is the "inflation is peaking," narrative, even though it remains at a high level. Neither was the month over month change: up 0.4% (vs. 0.3% expected), and up 0.6% ex-food and energy (vs. 0.4% expected). That, for the moment, is the premium between "inflation has not peaked" and "inflation has peaked." The CPI will also drown out what is turning out to be a very good morning for earnings reports. However, the massive iShares ETF business still saw inflows, which helped limit the decline in assets under management, down 5% from the prior quarter.

☆ Stocks making the biggest moves midday: Amgen, Uber, Lyft, Zscaler and more
▼ + stars: | 2022-10-11 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Amgen — The biopharma stock jumped 6.2% after Morgan Stanley upgraded Amgen to overweight from equal weight, saying Amgen is "largely derisked" and provides defensiveness for investors. Walgreens' rally came after the company announced an acquisition of healthcare firm CareCentrix. Leggett & Platt — Shares dropped 7.3% after the industrial manufacturer cut its full-year sales and earnings guidance, citing rising inflation and challenging economic conditions. Zscaler — The cloud security stock dropped 5% after Zscaler announced the resignation of company president Amit Sinha. ON Semiconductor , Qualcomm — Semiconductor stocks continued their decline on Tuesday after the Biden administration on Monday announced new restrictions on exports to China.

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