Ford to update financial impact of global chip shortage next month
Ford is cutting production at seven assembly plants due to the shortage
TSMC to invest $100B over 3 years to meet chip demand
The move comes as global companies reel from a shortage of semiconductor chips that initially forced auto companies to cut production
SoftBank-backed Compass raises $450 million in downsized IPO
Compass had previously set a price range of $18-$19 per share, downsized from its prior target at $23 to $26
Microsoft wins $21B Army contract to supply HoloLens augmented reality headsets
The Pentagon awarded a long-term contract to Microsoft to build more than 120,000 augmented reality headsets for the U.S. Army, officials said on Wednesday.
Credit Suisse hit with S&P ratings cut on Archego ties
Ties to Archegos has put Credit Suisse Group AG in the crosshairs with a key ratings agency raising the warning flag.
Nasdaq jumps 1.5%, S&P flirts with record
The Nasdaq and S&P 500 rallied Wednesday as details of President Biden’s $2 trillion infrastructure package were released on the final day of the first quarter.
Robinhood cans the confetti after critics label it as baiting
Critics urge Robinhood to change celebratory app features, after saying the app treats stock trading as a game for inexperienced investors.
Stock futures trade cautiously ahead of infrastructure plan
Traders will get reports on private-sector jobs, manufacturing and housing
Google's 'Teacher approved' apps mislead on kids' privacy, activists tell FTC
Google's Play Store is the default option for downloading apps on nearly every Android smartphone and tablet in the United States
Stocks slump as 10-year yield hits highest level since January 2020
U.S. stock struggled Tuesday as bond yields reached a 14-month high ahead of President Biden later this week unveiling his $3 trillion infrastructure package.
Wells Fargo: No Archegos losses
The $10 billion hedge fund, run by Bill Hwang, was forced to liquidate positions last week, causing extreme swings in a number of stocks, including Discovery and ViacomCBS, according to reports.
GameStop names former Amazon exec to key role
GameStop Corp. shares rose Tuesday after the video-game retailer announced the appointment of a former Amazon executive to chief growth officer.
Who is Archegos fund manager Bill Hwang?
Losses at Archegos Capital Management have triggered the liquidation of positions approaching $30 billion in value, The Wall Street Journal has reported, and sent the shares of two major investment banks tumbling. Archegos is run by former Tiger Asia manager Bill Hwang. What do we know about Mr. Hwang?
Goldman, Morgan Stanley limit losses with fast sale of Archegos Assets
Goldman Sachs Group Inc. and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with Archegos Capital Management, as the scale of the hedge fund’s losses became apparent, according to people with knowledge of the transactions.
Dow hits record as US banks less exposed to hedge fund's liquidation
The Dow Jones Industrial Average rallied to record highs Monday despite selling pressure in financials and elsewhere after a large hedge fund was forced to unwind billions of dollars in positions.
Credit Suisse warns on “highly significant” loss tied to hedge fund
Archegos Capital Management may be linked to possible losses for global banks.
Dow, S&P, transports hit record in winning week
U.S. stocks rose Friday as those shares benefiting most from a reopening of the economy outperformed.
WeWork agrees to $9B SPAC deal in push for stock-market listing
WeWork has agreed to sell itself in a blank-check deal that will result in the shared office space provider becoming a publicly traded company almost two years after its initial public offering debacle.
ThredUp CEO: '2021 will great year for apparel retailers' after IPO success
ThredUp's cashing in on the consignment wave in its IPO.
Stock futures trade higher on economic rebound optimism
Investors will be watching for the latest income & spending numbers, along with consumer sentiment


















