Zions Bancorporation (NASDAQ: ZION) nosedived this week after reporting a $50 million write-off tied to fraudulent loans. The sell-off wiped over $1 billion off its market cap in recent sessions. The regional bank’s announcement sparked investor anxiety over its lending standards and broader credit risk across the financial sector. However, a senior Baird analyst, David
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Emily
Zions Bancorporation (NASDAQ: ZION) nosedived this week after reporting a $50 million write-off tied to fraudulent loans. The sell-off wiped over $1 billion off its market cap in recent sessions. The regional bank’s announcement sparked investor anxiety over its lending standards and broader credit risk across the financial sector. However, a senior Baird analyst, David
16A turbulent Friday across Europe as the BBC faces a formal rebuke from Ofcom over a “misleading” Gaza documentary, Spanish police reopen the Mango founder’s death as a homicide case, UK bank stocks plunge amid US financial jitters, and Ferrari reins in UK sales following the end of Britain’s non-dom tax regime. Here’s a glance
A turbulent Friday across Europe as the BBC faces a formal rebuke from Ofcom over a “misleading” Gaza documentary, Spanish police reopen the Mango founder’s death as a homicide case, UK bank stocks plunge amid US financial jitters, and Ferrari reins in UK sales following the end of Britain’s non-dom tax regime. Here’s a glance
18Jefferies has publicly accused auto-parts firm First Brands Group of defrauding one of its funds, a sharp escalation in a story that has roiled credit markets and left investors scrambling for answers. The claim came as Jefferies disclosed that a Leucadia Asset Management fund, Point Bonita, holds roughly $715 million of receivables tied to First
Jefferies has publicly accused auto-parts firm First Brands Group of defrauding one of its funds, a sharp escalation in a story that has roiled credit markets and left investors scrambling for answers. The claim came as Jefferies disclosed that a Leucadia Asset Management fund, Point Bonita, holds roughly $715 million of receivables tied to First
18Hims & Hers Health Inc (NYSE: HIMS) started this week on a positive note after announcing its expansion into menopause-related treatments – a large and underserved market. However, the rally is fading rather quickly. On Friday, the telehealth stock tanked another 15% as Andrew Dudum, the company’s chief executive, confirmed he’s sold over $11 million
Hims & Hers Health Inc (NYSE: HIMS) started this week on a positive note after announcing its expansion into menopause-related treatments – a large and underserved market. However, the rally is fading rather quickly. On Friday, the telehealth stock tanked another 15% as Andrew Dudum, the company’s chief executive, confirmed he’s sold over $11 million
17Oracle stock (NYSE: ORCL) tumbled 6.5% on Friday, wiping billions from the market value of the enterprise software giant as investors parsed the company’s long-term AI and cloud ambitions against the short-term costs of scaling. The stock swung sharply after an analyst event in Las Vegas where management laid out aggressive revenue and cloud-infrastructure targets,
Oracle stock (NYSE: ORCL) tumbled 6.5% on Friday, wiping billions from the market value of the enterprise software giant as investors parsed the company’s long-term AI and cloud ambitions against the short-term costs of scaling. The stock swung sharply after an analyst event in Las Vegas where management laid out aggressive revenue and cloud-infrastructure targets,
17Heathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to become its next chairman, reported Sky News. The move comes as Britain’s largest aviation hub pushes ahead with a long-awaited £50 billion expansion plan, including the construction of a third runway and significant
Heathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to become its next chairman, reported Sky News. The move comes as Britain’s largest aviation hub pushes ahead with a long-awaited £50 billion expansion plan, including the construction of a third runway and significant
17HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and improving asset quality, even as pressure on margins persisted. The results highlight the bank’s resilience amid a challenging deposit environment following its merger with Housing Development Finance Corp. (HDFC) Ltd. last year. Profit
HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and improving asset quality, even as pressure on margins persisted. The results highlight the bank’s resilience amid a challenging deposit environment following its merger with Housing Development Finance Corp. (HDFC) Ltd. last year. Profit
17ICICI Bank Ltd., India’s second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and improving asset quality. The Mumbai-based bank’s performance highlights continued resilience amid evolving market conditions and healthy retail demand. Profit beats street estimates on steady loan expansion ICICI Bank’s standalone net profit rose 5.2%
ICICI Bank Ltd., India’s second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and improving asset quality. The Mumbai-based bank’s performance highlights continued resilience amid evolving market conditions and healthy retail demand. Profit beats street estimates on steady loan expansion ICICI Bank’s standalone net profit rose 5.2%
16The White House railed against the ‘Democrat shutdown’ for ‘jeopardizing national security’ because 80% of the federal agency charged with protecting the U.S. nuclear stockpile will be furloughed in the coming days, the administration told Fox News Digital. ‘The Democrat shutdown is now jeopardizing our national security,’ White House spokeswoman Taylor Rogers told Fox News
The White House railed against the ‘Democrat shutdown’ for ‘jeopardizing national security’ because 80% of the federal agency charged with protecting the U.S. nuclear stockpile will be furloughed in the coming days, the administration told Fox News Digital. ‘The Democrat shutdown is now jeopardizing our national security,’ White House spokeswoman Taylor Rogers told Fox News
13The Supreme Court on Friday set a Dec. 8 date to hear oral arguments in a case centered on President Donald Trump’s authority to fire heads of independent agencies without cause. This closely watched court fight could overturn a longstanding court precedent and further expand executive branch powers. At issue is Trump’s attempted firing of
The Supreme Court on Friday set a Dec. 8 date to hear oral arguments in a case centered on President Donald Trump’s authority to fire heads of independent agencies without cause. This closely watched court fight could overturn a longstanding court precedent and further expand executive branch powers. At issue is Trump’s attempted firing of
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Emily is a passionate financial writer and market enthusiast with over a decade of experience in personal finance, stock market trends, and long-term investing strategies. With a background in economics and a love for simplifying complex financial topics, she helps readers make smarter money decisions with confidence. When she’s not analyzing charts or writing about the latest market moves, Emily enjoys hiking, strong coffee, and reading biographies of great investors.
