Robinhood surges 50% in second day of wild trading, up 100% this week
It is unclear exactly what is driving the stock higher on Wednesday, but on Tuesday, ARK Invest’s Cathie Wood purchased 89,622 shares of HOOD in ARK Fintech Innovation ETF, a …
Financial News
Robinhood surges more than 24%, blows past $38 IPO price
The Menlo Park, California-based company appears to be garnering attention from retail investors on Tuesday, after giving roughly 25% of its IPO shares to its own clients. HOOD is a “top …
Dow tumbles nearly 100 points after late-day sell-off in stocks
U.S. stocks gave up early gains and turned negative for the session on Monday as concerns about Covid variants and peaking economic growth weighed against strong earnings results. The Dow …
WHO officials try to figure out why delta is so much more dangerous than earlier Covid strains
WHO officials expect other dangerous variants to also emerge as countries struggle to distribute the life-saving vaccines to their populations. “They become more fit the more that they circulate and …
WHO officials try to figure out why delta is so much dangerous than earlier Covid strains
In this Photo illustration a World Health Organization(WHO) logo seen displayed on an Android phone. Avishek Das | Getty Images World Health Organization officials said they are still trying to …
SEC slaps new disclosure requirements on Chinese IPOs amid Beijing’s crackdown
The Securities and Exchange Commission said Friday it will require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In …
Amazon posts third $100 billion quarter in a row, but still misses expectations
Amazon shares fell more than 7% in extended trading on Thursday after the company reported its first revenue miss in three years and gave weak third-quarter guidance. Here’s how the …
Pfizer’s CEO says Covid vaccine effectiveness drops to 84% after six months
“We have seen also data from Israel that there is a waning of immunity and that starts impacting what used to be what was 100% against hospitalization. Now, after the …
Apple demolishes earnings expectations, but stock falls after iPhone chip supply warning
VIDEO 2:36 02:36 Supply chain did impact Mac and iPad sales, Cook says Closing Bell Apple reported strong fiscal third-quarter earnings on Tuesday, demolishing Wall Street expectations. Every one of Apple’s …
Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago
The company also reported $801 million in revenue from its energy business, including solar photovoltaics and energy storage systems for homes, businesses and utilities, an increase of over 60% from …