GeneDx stock tumbles after Medicaid fraud accusations
NEW YORK, NY – A major investor rights law firm is looking into claims that GeneDx Holdings Corp. may have provided misleading business information to … Read more
Stock
Senators Booker and Kim Slam Stock Trading Millionaire Politicians Like Mikie Sherrill, Call for Ban on Insider Trading in D.C.
Trenton, NJ – Senator Andy Kim publicly endorsed Congresswoman Mikie Sherrill for New Jersey governor, but this week, he posted a pointed criticism of elected … Read more
Virginia native Mikie Sherrill’s illegal stock trades in Congress made her a mult-millionaire, now she’s running for New Jersey governor
Mikie Sherrill, a Virginia native, has charted an impressive path to political prominence, but her financial success has drawn scrutiny as she campaigns for New … Read more
New Jersey Congresswoman Mikie Sherrill under investigation for stock trades linked to congressional committees
WASHINGTON, D.C. — U.S. Rep. Mikie Sherrill (D-N.J.) is facing renewed criticism over her financial activities in Congress, including a reported failure to disclose up … Read more
Mikie Sherrill is in big trouble over lucrative lucky stock trades made while serving in Congress
TRENTON, NJ — New Jersey Congresswoman Mikie Sherrill is in hot water over stock trades that increased her net worth by millions of dollars while … Read more
UnitedHealth stock plummets after DOJ probe into healthcare fraud announced
The U.S. Department of Justice has launched a criminal investigation into UnitedHealth Group, one of the nation’s largest health insurers, for potential Medicare fraud, according … Read more
Pizza guy Dave Portnoy panics, blames Trump over stock market fluctuation
PALM BEACH, FL — President Donald J. Trump publicly distanced himself from recent stock market volatility Tuesday, arguing in a social media post that current … Read more
Two Candidates for New Jersey Governor Were Charged by House Ethics Committee Over Stock Trades
As New Jersey gears up for its gubernatorial race, two Democratic contenders, Mikie Sherrill and Tom Malinowski, are facing renewed scrutiny over financial controversies from … Read more
New Jersey to stock 4,500 rainbow trout in 18 lakes and ponds ahead of Thanksgiving
TRENTON, N.J. — Anglers in New Jersey are in for a treat as approximately 4,500 two-year-old rainbow trout, each averaging 14 to 18 inches in … Read more
Trump’s Truth Social Post Spurs Stock Surge, Boosts His Wealth By $500 Million
President-elect Donald Trump’s social media stock rebounded dramatically after a post on Truth Social, reportedly adding a half billion dollars to his net worth. Following … Read more
Sirius XM Stock Down 35% Since Howard Stern Attack on Trump Voters
NEW YORK – Howard Stern’s recent comments criticizing Trump supporters as “stupid” have triggered a wave of backlash and coincided with a significant decline in … Read more
Nancy Pelosi Stock Trades Indicate Elon Musk Could Be Next Target of Department of Justice
Is Elon Musk headed for a showdown with the Department of Justice? If Nancy Pelosi’s husband Paul’s recent stock trades are an indication, then Elon … Read more
Bitcoin Bloodbath: Prices Plunge Amid Stock Market Chaos and Crypto Panic
Hold onto your crypto wallets, folks, because Bitcoin is on a wild ride downhill! In a dramatic turn of events, Bitcoin’s value has taken a … Read more
Pennsylvania Man Charged with Illegal Trading of Dick’s Sporting Goods Stock
PHILADELPHIA, PA — Frank T. Poerio Jr., a 62-year-old resident of Gibsonia, Pennsylvania, faces federal charges for securities fraud as announced by U.S. Attorney Eric … Read more
Trump Bags $1 Billion Bonus From Truth Social Stock Performance
Former President Donald Trump on Tuesday reaped a stock bonus of around $1.2 billion for his shares in Trump Media & Technology Group (TMTG). Trump … Read more
Centuries-old artworks saved from Copenhagen’s stock exchange blaze
COPENHAGEN (Reuters) – Art conservators are assessing the damage to centuries-old paintings recovered from a blaze that destroyed Copenhagen’s Old Stock Exchange this week, the … Read more
‘What Were You Hiding?’: Josh Hawley Confronts Biden Energy Sec Over ‘False Testimony’ On Stock Trades
Republican Missouri Sen. Josh Hawley on Tuesday confronted Department of Energy Secretary Jennifer Granholm over previous testimony about her stock trades that was allegedly misleading. … Read more
Analysis-Trump-and-dump: Speculators bet on Truth Social ‘meme’ stock
By Abigail Summerville (Reuters) – Mohammed Al Shalloudi, a 21-year-old graduate data analyst in the United Arab Emirates who invested in Donald Trump’s social media … Read more
‘Potential Is Unknown’: What Nvidia’s Meteoric Stock Rise Says About The Future Of The Economy
‘Potential Is Unknown’: What Nvidia’s Meteoric Stock Rise Says About The Future Of The Economy Will Kessler on February 25, 2024 Nvidia posted huge fourth … Read more
China’s major state banks defend yuan as stock markets slide – sources
(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan … Read more
Walmart announces 3-for-1 stock split
(Reuters) -Walmart said on Tuesday it will carry out a stock split of its outstanding shares at a ratio of 3:1, as part of its … Read more
Investors see Microsoft’s stock market value leaving Apple behind
By Noel Randewich (Reuters) – Microsoft’s early lead in artificial intelligence has the software heavyweight’s stock market value poised to pull decisively ahead of Apple’s … Read more
Yen bulls stock up on options for any BOJ spring surprises
By Rae Wee SINGAPORE (Reuters) – Investors positioning for Japan’s first rate hike in nearly two decades have cooled on outright cash bets on the … Read more
Bank of America to give stock award to most employees -memo
By Saeed Azhar NEW YORK (Reuters) – Bank of America will give stock awards to employees who earn $500,000 or less, or about 97% of … Read more
International investors fuel further growth in Japanese stock market
(Reuters) – Foreign investors bolstered their positions in the rising Japanese stock market drawn by a depreciating yen that boosted exporter shares and a robust … Read more
Shein investors selling stock at 30% discount- Bloomberg News
(Reuters) – Shein’s investors are trying to sell shares in the private market at prices that value the Chinese online retailer as low as $45 … Read more
‘Snowball’ derivatives feed China’s stock market avalanche
By Li Gu and Vidya Ranganathan SHANGHAI (Reuters) – China’s plunging stock market is leading to losses on billions of dollars worth of derivatives linked … Read more
Measures China has taken to prop up its stock market
(Reuters) – Chinese shares rebounded on Tuesday on a Bloomberg News report that said Chinese authorities are considering several measures to bolster the stock market. … Read more
South Korea prepares financial package for stock investors, small businesses
SEOUL (Reuters) – South Korea’s government said on Wednesday it plans to implement a package of financial policies to support stock investors and small business … Read more
US stock investors splurge on cheap options hedges with VIX near four-year lows
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders on Friday piled into U.S. stock options contracts that would pay out if volatility jumped from … Read more
Nancy Pelosi’s 2023 Stock Performance Was Truly Eye-Popping
Nancy Pelosi’s 2023 Stock Performance Was Truly Eye-Popping Arjun Singh on January 4, 2024 Former House Speaker and Democratic Rep. Nancy Pelosi of California made … Read more
Zero-day options just a factor in US stock volatility -experts
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A sudden surge in U.S. stock volatility this week prompted some traders to blame short-dated options as … Read more
New Jersey Deli At Center Of Interstate Stock Market Manipulation Case
CAMDEN, N.J. – James Patten, a 64-year-old resident of Winston-Salem, North Carolina, has admitted to his role in a complex market manipulation scheme involving two … Read more
HSBC adds US stock analysts to serve wealthy clients
By Tatiana Bautzer NEW YORK (Reuters) – HSBC expanded its Americas equity research team to 24 people this year, adding to its coverage of U.S. … Read more
Trump bemoans record stock market as just making ‘rich people richer’
By Tim Reid (Reuters) -Donald Trump, who predicted three years ago that if Democratic President Joe Biden won the White House in 2020 markets would … Read more
Analysis-A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots
By David Randall, Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) – Investors wondering whether markets can continue their torrid rally are eyeing one … Read more
Toronto Stock Exchange operator TMX buys remaining stake in VettaFi for $848 million
(Reuters) – TMX Group, the owner of the Toronto Stock Exchange, said on Wednesday it had acquired an around 78% stake in U.S. data analytics … Read more
Citi, BofA left with some Barclays stock after Qatari stake sale –sources
By Pablo Mayo Cerqueiro and Anousha Sakoui LONDON (Reuters) – Citigroup and Bank of America were left holding some shares in Barclays after they could … Read more
Canada has new fiscal goals but analysts put little stock in them
By Steve Scherer and Fergal Smith OTTAWA (Reuters) – Canada has been criticized for years for failing to meet its debt-reduction goals and many economists … Read more
BMO sees solid US stock gains ahead, S&P 500 ending 2024 at 5,100
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stocks are in a bull market and will post “solid” gains in 2024, even as returns are … Read more
Broadening of U.S. stock rally feeds investor optimism
By Lewis Krauskopf, David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) – Signs the U.S. stock market rally is broadening from the so-called Magnificent … Read more
ChargePoint’s stock slumps to record low after revenue warning, executive changes
By Chibuike Oguh NEW YORK (Reuters) – ChargePoint Holdings’ stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) … Read more
Mexican lawmakers OK stock market reform bill
MEXICO CITY (Reuters) – Mexico’s lower house on Wednesday passed a bill aimed at revamping national stock exchanges, a long-awaited move meant to boost trading … Read more
Salesforce’s strong stock price wooed some investors during third quarter – filings
By Svea Herbst-Bayliss NEW YORK (Reuters) – Boasting a booming share price, Salesforce attracted more investor cash during the third quarter even as one of … Read more
US retailers stuck with excess stock offer bargains as holiday season nears
By Ananya Mariam Rajesh and Savyata Mishra (Reuters) – As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy’s … Read more
Bargain or trap? US bank stock outlook hinges on Fed’s path
By David Randall NEW YORK (Reuters) – Bargain hunters are swirling around beaten-down shares of U.S. banks, even as skeptical investors say the sector’s problems … Read more
Investors spurn options hedges as U.S. stock rally crushes fear
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear has plunged in the U.S. equity market following last week’s explosive rally, and some options mavens … Read more
Hedge funds pile into US stock rally at fastest pace in 2 years – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds last week “aggressively” bought U.S. stocks at the fastest pace in two years, said a Goldman Sachs … Read more
Marketmind: Rate cut prospects fuel stock rally
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been an upbeat start to … Read more
Hedge funds caught in crowded trades suffered in Thursday’s stock rally -Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, … Read more