Stocks

Barstool Sports founder Dave Portnoy said on Wednesday that he believes retail investors can't trust Robinood and its CEO Vlad Tenev following the GameStop trading saga.

Executives and directors at the same 13 companies sold about $132 million of stock in 2019, according to insider transaction data from research firm Kaleidoscope. More than 8.5 million shares were sold last year by insiders at these companies, compared with 4.7 million shares in 2019.

Reports on retail sales and wholesale inflation will be closely watched

Fortnite creator Epic Games has taken its fight against Apple to European Union antitrust regulators, ramping up its dispute with the iPhone maker over its App Store payment system and control over app downloads.

New York Attorney General Letitia James filed suit against Amazon on Tuesday, accusing the e-commerce giant of failing to adequately protect its frontline employees during the coronavirus pandemic.

According to a regulatory filing, Berkshire Hathaway also now holds 147.6 million shares of Verizon, and an additional 48.4 million shares of Chevron and 23.07 million shares of E.W. Scripps. The company also trimmed its stake in its largest stock holding, Apple, by 5.4%  

The frenzy around GameStop’s stock may have quieted down, but the outsized influence small investors had in the saga is likely to stick around.

Rising bond yields are taking the steam out of stocks.

MicroStrategy Inc. is raising cash to fund its purchase of more bitcoin, the company said Tuesday.

Nestle announced in June that it was considering selling its bottled water brands in North America

The virtual hearing will take place Thursday Feb. 18

U.S. equity markets closed at records in a choppy Friday session.

Virgin Galactic is working to reschedule its next test flight of its SpaceShipTwo Unity spacecraft.

The last time Amazon workers voted on whether they wanted to unionize was in 2014

Traders are heading into a long weekend, with markets closed on Monday for the Presidents' Day holiday

Parliament is scheduled to consider the bill on Tuesday

The suit contends the measure that passed in November violates California's Constitution

American Airlines and United Airlines have warned of some 27,000 furloughs without an extension of the current package that expires on April 1

U.S. equity markets ticked to record highs Thursday as investors continued to parse through quarterly earnings reports. 

Robinhood Markets Inc. is expanding as it looks to put the recent trading debacle in its rearview mirror.