China's Luckin Coffee files for bankruptcy protection
China's Luckin Coffee has filed for bankruptcy protection.
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.
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.
UnitedHealth names former Glaxo CEO Witty to lead company
UnitedHealth runs UnitedHealthcare, a health insurance business that covers more than 48 million people mostly in the United States.
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.
Dow, S&P rise for third session, Google closes above $2,000
The Nasdaq narrowly missed record high after stellar Amazon, Google results.
Amazon ‘in great shape,’ seeing ‘lots of growth’ despite pandemic costs: Constellation Research founder
Ray Wang on Amazon’s dominance in commerce.
Kraft Heinz close to selling Planters brand to Hormel
Kraft Heinz Co. KHC -0.27% is nearing a deal to sell its Planters snack business to Skippy peanut butter owner Hormel Foods Corp. HRL 3.90% , according to people familiar with the matter.
Robinhood CEO says US markets need major system upgrade
Robinhood Markets Inc. cofounder and CEO Vlad Tenev says it is time for the U.S. financial markets to adopt a real-time settlement system.
Dow, S&P, Nasdaq rise over 1% each, GameStop falls 60%
U.S. equity markets rallied Tuesday morning as bipartisan COVID-19 relief talks appeared to be making headway on Capitol Hill.
Mark Cuban advises Reddit traders as GameStop shares plunge
Dallas Mavericks owner and tech entrepreneur Mark Cuban had some words of wisdom for Reddit traders as GameStop Corp. shares tumble.
GameStop drama dings Robinhood IPO, CEO firmly at helm
Robinhood Markets Inc. will likely suffer collateral damage as a result of its recent turmoil when it debuts on the public market, but cofounder and CEO Vladimir Tenev should maintain control.
Exxon Mobil posts first annual loss in 40 years
Exxon posted four straight quarters of losses in 2020 and is under fire from activist investors pushing for board changes and a better strategy for a global transition to cleaner fuels.
Former Shell Oil president: Energy industry will have setbacks as it transitions to 21st century
Jon Hofmeister on energy sector changes
Investment exec predicts GameStop will top $1,000 per share
Quantumvest CEO Taylor Roncancio explains why he's keeping his money on GameStop.
Robinhood CEO called to testify on Capitol Hill amid trading controversy: Report
Everyday investors have sent shockwaves through the market using the Robinhood app.
Finance attorney on GameStop, Robinhood saga: ‘I haven’t seen evidence of market manipulation’
Bob Frenchman on whether the SEC will step in.
Reddit traders could keep terrorizing Wall Street: Goldman Sachs
Reddit traders that have taken the investment world by storm could inflict more pain on hedge funds before the short squeeze is over, according to Goldman Sachs.
US hedge funds bought, sold most stocks in 10 years last week
U.S. hedge funds last week bought and sold the most stock in more than 10 years amid wild swings in GameStop Corp shares that many had bet against, but their market exposure to stocks is still near record levels, according to an analysis by Goldman Sachs Inc.