Silvergate Capital Stock News

Meta Platforms Inc. (NASDAQ: FB ) is winding down its Diem cryptocurrency project and selling its technology to cryptocurrency-focused bank Silvergate Capital Corp. (NYSE: SI ) for about $200 million, the Wall Street Journal reported , citing a person familiar with the matter. What Happened: It was reported earlier by Bloomberg that Meta CEO Mark Zuckerberg is exploring a sale of Diem. Diem, unlike the apex cryptocurrency Bitcoin (CRYPTO: BTC ), was proposed as a so-called stablecoin. Metas choice of Silvergate Full story available on Benzinga.com

The Diem Association, formerly known as Libra, is selling its technology to crypto-focused bank Silvergate Capital for $200 million.

Silvergate Capital missed earnings and revenue estimates for the first time since going public.

Silvergate Capital missed earnings and revenue estimates for the first time since going public.

Futures Recover From Wednesday Rout As Yields, VIX Stabilize Whereas the stock plunge on Tuesday could be blamed on surging rates, the repeat tumble on Wednesday took place as Treasury yields dropped sharply, so with markets at a loss how to read rate signals, so far this morning S&P e-mini futures have rebounded by 23 points ot 0.5% from yesterday''s low just above 4,500 - a key support level according to JPMorgan - as volatility eased and global bond yields appear to have stabilize for now, and hours after China''s latest easing measure when Beijing lowered mortgage lending benchmark rates on Thursday as monetary authorities step up efforts to prop up the slowing economy. 10Y Treasuries rose from session lows, last trading at 1.84%, European stocks fluctuated as the dollar index was little changed and crude oil slipped after a three-day rally as gold held around a two-month high. China''s cut to the one-year and five-year loan prime rates (LPR) which lowered the one-year LPR by 10 basis points to 3.70% from 3.80% - the second consecutive monthly cut - and the five-year LPR by 5 basis points to 4.60% from 4.65%, its first cut since April 2020. ... followed surprise cuts by China''s central bank on Monday to its short- and medium-term lending rates, and came days after the central bank''s vice governor flagged more moves ahead.

These small companies look like they've been punished enough in recent months.

Shares of crypto bank Silvergate Capital (SI) rise 3.2% in after-hours trading as Goldman Sachs upgrades the stock to Buy from Neutral. The call comes after Silvergate''s (SI) Q4

The bank is rebounding a bit today after its stock got creamed yesterday.

Shares of cryptocurrency bank Silvergate Capital (SI) drops 25.2% on Tuesday following worse-than-expected Q4 results with higher expenses. Specifically, Q4 noninterest expense of…

Silvergate Capital Corporation (SI) CEO Alan Lane on Q4 2021 Results - Earnings Call Transcript

Silvergate Capital Corporation (NYSE: SI) went down 10% after Silvergate Bank, its wholly-owned subsidiary, announced its fourth-quarter financials for 2021.  Financial highlights  The company repo

Silvergate Capital (SI) stock sinks 13% in premarket trading after Q4 results fall short of the the consensus as expenses rose during the quarter.Q4 EPS of $0.66, missing the

Silvergate Capital press release (SI): Q4 GAAP EPS of $0.66 misses by $0.04.Revenue of $49.26M (+84.1% Y/Y) misses by $4.42M.Digital currency customer related fee income for the…