Western Alliance denies Financial Times article

Western Alliance (WAL.US) denied the Financial Times article, saying it is absolutely false. Recall that the Financial Times reported that Western Alliance is considering selling the business following the recent banking turmoil. Western Alliance not only rejected the FT report, but even went on to say that short sellers are using the media as a tool to spread false narratives about a strong and profitable bank, and that it will consider taking legal options against the publisher. Trading in the shares was halted for pending news before the rebuttal came out.

21 October 2026, 10:19 PM

Tesla was supposed to burn $5 billion, but posted a positive result. Will Tesla still be a car company in a year?

21 October 2026, 9:37 PM

Record-breaking Meta, though with a cash loss. Investors (for now) are buying Zuckerberg's plan anyway

21 October 2026, 3:02 PM

US OPEN: Preparations for Tesla's mega-merger with SpaceX. Diplomatic stalemate with Iran cools Wall Street's enthusiasm

21 October 2026, 2:08 PM

Meta Preview: Billions in AI spending, but when will the investments start paying off?

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