S&P, Nasdaq hit records as job market signals improvement
U.S. equity markets were rallied into the record books Thursday as the U.S. labor market showed signs of improving and earnings season rolled on.
Nokia CEO vents frustration over short-sellers, stock whipsaw
Nokia Corp. CEO Pekka Lundmark thinks regulators need to closely review trading rules in the wake of a short squeeze that sent his company’s stock price soaring.
Mark Cuban reacts to the power of Reddit traders amid GameStop saga: 'Capitalism is a beautiful thing'
The tech billionaire previously posted on the Reddit group's message board.
Ex-Fed official says trading frenzy a ‘concern,’ but doubts likelihood of regulatory action
Former Federal Reserve Bank of Atlanta President Dennis Lockhart reveals his expectations for Treasury Secretary Janet Yellen's meeting with regulators on the short-selling frenzy.
DNA-testing company 23andMe goes public in $3.5 billion deal via Richard Branson-backed SPAC
The Silicon Valley-based company, which sells genetic testing kits direct-to-consumer, launched in 2006 and become sought-after for its saliva-based tests that aim to give people insight into their ancestry.
Reddit traders pose biggest threat to Robinhood post IPO
Investors who feel wronged by Robinhood Markets Inc.’s decision to restrict trading in some securities could take revenge.
Retail frenzy stalls as focus falls on regulator meeting
U.S. Treasury Secretary Janet Yellen will meet financial regulators on Thursday to discuss GameStop and the recent market volatility
Stock futures trade higher as rally continues
Traders will get the latest jobless claims along with a heavy slate of earnings
PayPal profit tops estimates as pandemic drives online spending to record levels
PayPal's processed payments in the latest quarter rose 39% to $277.1 billion, with an additional 16 million net new active customers
Two Google engineers resign over firing of AI ethics researcher
The resignations come as workers have demanded commitments to academic freedom and management change in Google's research organization
Dow, S&P rise for third session, Google closes above $2,000
The Nasdaq narrowly missed record high after stellar Amazon, Google results.
Yellen seeks answers on GameStop volatility, summons Fed, SEC, CFTC
Treasury Secretary Janet Yellen is dealing with her first crisis.
Barstool's Portnoy puts $700K into AMC shares following squeeze trade losses
Barstool Sports founder Dave Portnoy told FOX Business that he bought back shares of AMC after losing about $700K following squeeze trades.
Amazon investors take Jeff Bezos exit in stride
Amazon Inc. investors, waiting for earnings, got the surprise news that CEO Jeff Bezos plans to step aside.
Charles Schwab CEO: We didn't restrict stocks like others amid GameStop frenzy
Charles Schwab CEO suggests its in the big leagues, Robinhood not just yet.
Stock futures add to gains on relief bill optimism
Traders will get the ADP report on private sector hiring along with the ISM's report on the services sector
Sony raises profit outlook by a third amid coronavirus home entertainment boom
Sony has invested heavily in recent years in beefing up its entertainment content and distribution business
Chipotle's profit misses estimates as COVID-19 costs mount
Excluding one-time items, the company earned $3.48 per share, missing the estimate of $3.73, according to IBES data from Refinitiv
Live Updates: Treasury Secretary calling meeting to discuss market volatility amid GameStop trading frenzy
U.S. Treasury Secretary Janet Yellen is calling a meeting of key financial regulators this week to discuss market volatility following the GameStop trading frenzy.
Microsoft backs Australia's proposed media laws, eyes expansion
Both Alphabet Inc's Google and Facebook have called the laws unworkable and said last month they would withdraw some key services from Australia if the regulations went ahead