Monday could be a bloodbath… saved by the bell

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by TheHiveminder

Is First Republic Bank next to fail? Stock dropped 34% in the past week.
The San Fransisco headquartered bank, Fist Republic, On Friday a week ago stock was $123, yesterday it’s $81.

Silicon Valley Bank collapse blowback – “Things are to get bad for tech: starting w startups/scaleups that did not manage to get their money out, there will be tech companies struggling to make payroll & pay vendors next week.”

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Customers locked out of Silicon Valley Bank branches in Mass. after FDIC orders closure

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