By Lewis Krauskopf NEW YORK – A steep slide in U.S. stocks has investors gauging equity valuations to determine whether now is the time to scoop up shares at a …
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Stock
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By Danielle Kaye NEW YORK – Apple Inc teased its metaverse ambitions on Thursday as CEO Tim Cook talked expansion of the company’s augmented reality apps, prompting strong investor response. …
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Business News
Court dismisses claims Robinhood wrongly restricted ‘meme stock’ trades
by Reutersby ReutersBy Jody Godoy -A U.S. federal court on Thursday dismissed a lawsuit accusing Robinhood Markets Inc of violating state laws by restricting trades on so-called meme stocks during a January …
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– Hedge funds that specialize in picking stocks started 2022 with losses, investors and research firms said this week as markets went on a rollercoaster ride fueled by fears of …
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Business News
Fidelity brokerage’s ‘rubber-stamping’ allowed meme stock abuses, regulator says
by Reutersby ReutersBy Jonathan Stempel -Massachusetts’ securities regulator on Wednesday charged Fidelity Brokerage Services with improperly “rubber-stamping” applications to trade options, saying the “blatantly unethical” practice allowed some ineligible retail investors to …
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US and World News
U.S. House speaker Pelosi’s stock trades attract growing following online
by Reutersby ReutersBy Noel Randewich – A year since a Reddit-driven retail trading frenzy rocked the markets and created the ‘meme stock https://www.reuters.com/business/why-did-sec-release-report-gamestop-2021-10-18’ phenomenon, leading U.S. lawmaker Nancy Pelosi’s investments have become …
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Stock markets broke their single-day record for volatility Monday, having the largest turnaround in 13 years, multiple sources reported. The Dow Jones Industrial Average dropped over 1,000 points Monday before …
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US and World News
White House: Biden does not look at stock market to judge economy
by Reutersby ReutersWASHINGTON – U.S. President Joe Biden does not look at the stock market as a way to judge the strength or weakness of the U.S. economy, White House press secretary …
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US and World News
Options market dip-buyers go missing as stock sell-off worsens
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK – Traders in the options market showed little appetite to bet on an end to the continuing stock market sell-off on Monday, as Wall …
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By Carolina Mandl and Tatiana Bautzer SAO PAULO – A frenzy of talks for mergers and acquisitions has caught some Brazilian bankers off-guard in the early weeks of 2022. With …
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ATHENS – The board of Hellenic Exchanges, the operator of Greece’s stock and equity derivatives markets, picked Yiannos Kontopoulos as its new chief executive to replace outgoing CEO Socrates Lzaridis, …
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A Republican senator critical of China and companies doing business there recently bought and sold stock and options of a Chinese e-commerce giant, according to his financial disclosures. Republican Alabama …
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Chris Brunet and Harry Wilmerding on January 7, 2022 Investors in former President Donald Trump’s social media venture’s parent company rejoiced Thursday, the anniversary of the Capitol riot, as shares …
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Department of Justice Press Releases
Oregon Man Sentenced to Federal Prison and Ordered to Forfeit Over $18 Million in Stock and Properties After Stealing Millions in Covid-Relief Funds
by DOJ Pressby DOJ PressEUGENE, Ore.—An Oregon man was sentenced to federal prison today after stealing millions of dollars in loans intended to help small businesses during the COVID-19 pandemic. Andrew Aaron Lloyd, 51, …
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Featured NewsTech and GamingUS and World News
Tech Billionaire Elon Musk Unloads Another $1 Billion In Company Stock
Tesla chief executive Elon Musk sold another roughly $1 billion in Tesla shares, nearing his apparent target of selling 10% of his stake in the electric car company. Musk sold …
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Business NewsFeatured NewsFinancial NewsUS and World News
Stock Market Tumbles As Countries Head Toward Omicron Lockdowns
The stock market tumbled Monday as COVID-19 cases surge worldwide and countries head toward lockdowns triggered by the emerging omicron variant, multiple sources reported. The Dow Jones Industrial Average, an …
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Department of Justice Press Releases
Individual Who Portrayed Himself as Experienced Stock Trader Pleads Guilty to Defrauding Investor
by DOJ Pressby DOJ PressEarlier today, at the federal courthouse in Brooklyn, Gonzalo Ortiz pleaded guilty to investment adviser fraud in connection with a scheme to defraud an investor of nearly $600,000 by making …
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Business News
Best Buy stock nosedives after company offered mental health services for employees triggered by Rittenhouse not guilty verdict
Best Buy stocks dropped $24 after news broke that the company offered its employees mental health counseling after Kyle Rittenhouse was found not guilty while defending himself against BLM protest …
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The stock market plummeted Friday following reports that a new, more contagious variant is rapidly spreading in South Africa and parts of Europe. The Dow Jones Industrial Average (DJIA), an …
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Tesla chief executive Elon Musk sold about $5 billion worth of shares in the electric car company this week, days after polling Twitter users on whether he should liquidate some …
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Department of Justice Press Releases
Stock Trader Arrested And Charged With Securities Fraud For Using His Twitter Account To Operate A Pump-And-Dump Scheme
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, and Ricky J. Patel, Acting Special Agent-in-Charge of the New York Field Office of Homeland Security Investigations …
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Business NewsFeatured NewsUS and World News
Trump Social Media Company’s Owner Sees Stock Price Soar Over 1,600%
The share price of the owner of former President Donald Trump’s social media venture Digital World Acquisition Corp. rose as much as 1,657% on Friday, two days after Trump announced …
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The share price of Digital World Acquisition Corp., the company launching former President Donald Trump’s new social media and entertainment venture, rose nearly 190% following Trump’s announcement of his plans …
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Department of Justice Press Releases
Stock Promoters Plead Guilty to “Pump and Dump” Securities Fraud Scheme
by DOJ Pressby DOJ PressMINNEAPOLIS – Two men have entered guilty pleas to securities fraud charges in connection to their illegal pump-and-dump stock manipulation scheme, announced Acting U.S. Attorney W. Anders Folk. According …
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Business NewsPolitics
Stock traders now follow Nancy Pelosi’s stock trades as her net worth climbs to $114 million
If you’re looking for some inside information on which stocks are about to shoot up in value, why not follow a career politician and her husband who have made millions …