Stocks

Robinhood stock drops in IPO debut

Investing platform Robinhood Markets Inc. has made its highly-anticipated stock market debut on the Nasdaq, trading under the ticker symbol HOOD.

Apple crushes June quarter earnings records

Apple announced Tuesday a new overall June quarter revenue record of $81.4 billion, a 36% year-over-year increase compared to $59.6 billion a year ago. The company posted a quarterly net profit of $21.7 billion, or $1.30 per diluted share, versus a profit of $11.2 billion, or 65 cents per diluted share, a year ago.

Activision stock slammed, discrimination suit weighs on investor sentiment

Complaint alleges Activision paid its female employees less than their male counterparts and provided them with fewer opportunities to advance. It also claims Activision has fostered a "frat boy workplace culture" and ignored complaints by female employees of blatant harassment, discrimination and retaliation.