Banks in Trouble – 3 BILLION Dollars in Losses

Banks are facing 3 Billion Dollars in losses in the wake of the FTX Collapse. Banks are in trouble, we just don’t know which banks have suffered losses yet. Coinbase, Grayscale, and SoFi are also raising concerns about holdings and business practices. In other market news, Disney has a new CEO, Zoom earnings were good forward guidance was bad, and Dell earnings were the same.