Okta shares are down 10% since it announced Wednesday that it is paying a premium for rival identity management firm Auth0. CEO Todd McKinnon defended his company's move, saying Auth0
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Hedge fund winners — SPAC deal playbook — Betterment scoops up rival clients
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Suzanne Shank details her rise to become one of the only Black CEOs
Continue reading »Too much stimulus in the U.S. may bring 'imported inflation' to China, economists warn
Chinese economists are concerned about spillover risks from massive U.S. stimulus aimed at battling the coronavirus pandemic. Worries over "imported inflation" come as China considers how to manage growth in
Continue reading »GameStop shares surge in premarket as Reddit favorites rally again
Investors piled into the bricks-and-mortar video game retailer on Wednesday after the reported ousting of Chief Financial Officer Jim Bell, sending the stock soaring 103.9%. Another stock caught up in
Continue reading »Cathie Wood's funds take big morning hit before rebounding as the tech trade stumbles
Some called it the "Cathie Wood sell-off." At the open Tuesday, the top names owned by Ark Investment Management were the biggest decliners in the market. Shares of Palantir, Tesla,
Continue reading »Pimco faces new allegations — Big winners in Michael Klein's SPAC — BlackRock dabbles in bitcoin
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: More allegations of harassment and discrimination have been filed against $2.2 trillion asset
Continue reading »Ken Griffin goes to Washington — Meet ARK Invest's Cathie Wood — Most powerful people at Goldman Sachs
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Inside the world of Cathie Wood, the founder of ARK Invest who has
Continue reading »Stocks making the biggest moves after hours: Twilio, SunPower, Tilray and more
Here are the stocks making notable moves in extended trading on Wednesday. Twilio — Shares of the cloud company soared 12% after Twilio posted a surprise adjusted profit for the
Continue reading »Dogecoin price tracker: Track dogecoin’s latest price in real time
Dogecoin: Expert discusses Elon Musk’s tweets When you subscribe we will use the information you provide to send you these newsletters.Sometimes they’ll include recommendations for other related newsletters or services
Continue reading »Pound soars to near-three year high vs dollar in Brexit boost – and could go even higher
Pound to euro exchange rate rises as vaccine rollout continues When you subscribe we will use the information you provide to send you these newsletters.Sometimes they’ll include recommendations for other
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