What Caught Our Attention in the Investment World? – Week of March 6-10, 2023

By Kuldip K. Ambastha During the past trading week, the stock of Silvergate Capital Corporation (SI), a banking platform focused on the cryptocurrency industry, saw five straight days of negative returns – the largest of which was a sharp -42.2% decline on Thursday, March 9, 2023. Since 2022, Silvergate has been faced with clients withdrawing …

What Caught Our Attention in the Investment World? – Week of October 24-28, 2022

By Kuldip K. Ambastha On Thursday, October 27, 2022, the stock of Credit Suisse Group AG (CS), a prominent Swiss financial institution with operations around the world, had a steep price drop of -20.0% per share for the trading day. Credit Suisse Group in the recent past has had troubles linked to the scandals around …

What Caught Our Attention in the Investment World? – Week of October 11-15, 2021

By Kuldip K. Ambastha On Monday, October 11, 2021, the stock of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by +13.4% for the trading day. The company has a strong set of offerings across student loan refinancing, credit cards, investing, banking, and other units. The SoFi online platform is accessible both …

What Caught Our Attention in the Investment World? – Week of October 5-9, 2020

By Kuldip K. Ambastha Morgan Stanley (MS) and Eaton Vance Corporation (EV) were in the news prominently in this past trading week. In a deal of cash plus stock, Morgan Stanley will be buying Eaton Vance Corporation for $7 billion. James Gorman, head of Morgan Stanley, announced this deal on Thursday, October 8, 2020. (On …

What Caught Our Attention in the Investment World? – Week of October 14-18, 2019

By Kuldip K. Ambastha and Anil K. Ambastha During this trading week, JP Morgan Chase & Co. (JPM) was a star performer. Specifically, the company delivered on many fronts, in terms of strong underwriting data, an increase in mortgage banking activities, significant bond trading income, substantial wholesale and credit card loans, and positive home lending …