Robinhood is seeking a market valuation of as much as $35 billion in its upcoming initial public offering, according to its amended prospectus released Monday. The stock trading app will
Continue reading »Japan's Nikkei 225 falls 1% as Asia-Pacific stocks slip; OPEC and allies reach deal
Shares in Asia-Pacific fell in Monday morning trade. Investors watched for movements in oil after OPEC and its allies reached a deal on Sunday to phase out 5.8 million barrels
Continue reading »Fed Chair: Inflation likely to remain elevated in coming months
New York (CNN Business)The Dow and S&P 500 are both up about 15% in 2021 and are each about a percent away from their all-time highs. But as Friday’s market
Continue reading »China's Didi makes NYSE debut
(CNN Business)Didi’s stock tumbled Friday after China’s Cyberspace Administration suspended the registration of new users from the company. The suspension comes just two days after China’s largest ride-hailing service, which
Continue reading »Treasuries Fluctuate Before Closing Firmly Positive
Treasuries fluctuated over the course of the trading session on Thursday before ending the day firmly in positive territory. Bond prices gave back ground after an initial advance but moved
Continue reading »5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: Futures steady ahead of inflation data, Powell testimony Financial firms continue to report
Continue reading »Jim Cramer’s Top Picks to Stand Up to Inflation
The S&P 500 and Nasdaq hit record intraday highs on Tuesday, but the markets quickly pulled back. Some of the biggest detractors from the major indexes were airlines and financials.
Continue reading »Sensex rises 134 pts, Nifty tops 15,850
Tech Mahindra was the top gainer in the Sensex pack, rising over 2%, followed by HCL Tech, Infosys, L&T, Tata Steel and ITC. Equity benchmark Sensex jumped 134 points on
Continue reading »U.S. stock futures are flat after major averages pull back from records
U.S. stock index futures were flat in overnight trading on Tuesday, after the major averages finished in the red, weighed down by inflation fears. Futures contracts tied to the Dow
Continue reading »Midday Meme Stock Report for 7\/13: Meta Materials, MoSys, Nokia, Vertex Energy
One-time leading cell phone maker Nokia Corp. (NYSE: NOK) announced Thursday morning that it plans to raise its outlook for the 2021 fiscal year when it reports second-quarter results on
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