Finance

In this article DDD IIVI SAM KSU Casper’s subway campaign Source: Casper Check out the companies making headlines in midday trading. 3D Systems — The 3-D printing company’s stock surged about 40% after it reported second-quarter earnings of 12 cents per share, beating the 5 cents a share consensus estimate, 3D said it had made

In this article HOOD An Institutional Investor Hall of Famer sees an urgent need for investors in some of the most popular trades to diversify. Rich Bernstein, who has spent decades on Wall Street, is waving the red flag on long-duration assets ranging from Big Tech to bitcoin to Reddit rebellion stocks to long-term bonds.

In this article VSCO TSLA OXY DVN FANG HOOD The Tesla logo seen on a Supercharger rapid battery charging station for the electric vehicles company Tesla Motors. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Diamondback Energy — Shares of the exploration and production company slid about

The latest jobs report may not be a game changer for the Federal Reserve’s easy money policies. According to Wells Fargo Securities’ Michael Schumacher, it’s premature to assume July’s strong numbers will push the Fed meaningfully closer to tapering its monthly bond purchases. “This report was pretty strong. Not a blockbuster,” the firm’s head of

The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. Glimpse Group is an umbrella

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images With little fanfare, JPMorgan Chase has started giving its wealth management clients access to six crypto funds in the past month.

In this article ZG DIDI DKNG WEED-CA NVAX GCI Check out the companies making headlines before the bell: Canopy Growth (CGC) – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street

Vlad Tenev and Baiju Bhatt attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Shares of Robinhood are popping again on Friday as the volatile stock heads to end its first full week of trading up nearly 70%. Robinhood shares rose 13% to $57.85 on

In this article NVAX DKNG HOOD DBX SPCE YELP Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the

A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images Shares of Kakao Bank shot up more than 70% during its market debut in South Korea on Friday. Kakao Bank is South Korea’s first digital bank to go

In this article EPC W FSLY BKNG The logo of US cloud computing services provider Fastly is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Check out the companies making headlines in midday trading. Robinhood — Shares of the trading app dropped more than 14% after the newly

New Oriental is located at the West Yintai Campus, Hangzhou city, Zhejiang Province, China, on August 2, 2021. Costfoto | Barcroft Media | Getty Images The Chinese government’s sudden crackdown on after-school education companies is raising costs for many parents and throwing millions of jobs into uncertainty. In a country where parents prize a good

In this article GM LYFT HOOD Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading. Robinhood Markets — Robinhood shares rose in wild trading as the newly public online brokerage zoomed past its IPO price of $38 per share. The brokerage app surpassed its IPO debut volume of

A ship leaves a container port in the evening in Lianyungang in east China’s Jiangsu province Thursday, July 22, 2021. Feature China | Barcroft Media | Getty Images BEIJING — Chinese companies wanting to go global are running into shipping problems. Access to cheap manufacturing at home gave Chinese businesses an advantage overseas. But it’s

In this article AAL TTWO CLX UAA HOOD People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images

In this article .STI OCBC-SG UOBH-SG DBSM-SG Aerial view of Singapore’s central business district and bayfront area. BNBB Studio | Moment | Getty Images SINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments. Oversea-Chinese Banking Corp and United Overseas

David Solomon, Goldman Sachs & Co. Andrew Harrer | Bloomberg | Getty Images There’s a new minimum wage on Wall Street. Goldman Sachs is giving its junior bankers a pay raise, the last major Wall Street firm to do so in a year where record deal-making activity has led to fierce competition for workers. First-year

The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — Deliveries of what is essentially a hybrid electric car from U.S.-listed Li Auto surpassed those of rival start-up Xpeng for a second straight

A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019. David Paul Morris | Bloomberg | Getty Images The electric grid in the West is being tested like never before amid extreme-weather events, including raging wildfires and severe droughts fueled by climate change. Utility companies

Investors watch the stock market in a securities business hall in Fuyang City, Anhui province, China, Dec. 31, 2020. Costfoto | Barcroft Media | Getty Images BEIJING — Investors bought into Chinese stocks in the last week, despite mounting concerns about harsh regulation, according to fund research firm EPFR Global. A slew of new Chinese

In this article AMZN TXRH GILD PG PVH HOOD In this photo illustration an Amazon logo is displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Amazon — Amazon shares fell 6.5% after the tech giant’s second-quarter

Stefani Reynolds/Bloomberg via Getty Images The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth about $10 billion, the agency sent since May. Funds delivered by direct deposit this week started hitting bank accounts on Wednesday, and

A career fair in Louisville, Kentucky, on June 23, 2021. Luke Sharrett/Bloomberg via Getty Images Unemployment benefits are still not reaching people quickly, over a year into the Covid pandemic. About 38% of workers who got their first payment of benefits in June had waited more than 21 days for the funds to arrive, according

In this article @DJ.1 @ND.1 @SP.1 AMZN Matteo Colombo | DigitalVision | Getty Images Futures contracts tied to the major U.S. stock indexes traded mixed at the start of the overnight session Thursday evening as a soft earnings report from Amazon threatened to curb Wall Street’s otherwise strong July on the month’s final day of

Robinhood CEO and co-founder Vlad Tenev on Thursday defended retail clients that invest in so-called meme stocks, saying the phenomenon is real and gives embattled companies access to capital they otherwise wouldn’t have. “I think it’s a real thing. There’s customers that love these companies, they want them to thrive,” Tenev told CNBC’s Andrew Ross

In this article OCBC-SG UOBH-SG DBSM-SG Automated teller machines of the three Singapore-listed banks: OCBC, DBS and UOB. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Shares of Singapore’s top three banks rose Thursday after the country’s financial regulator lifted a cap on dividend payouts that was implemented following the Covid-19 pandemic. Singapore’s largest

Getty Images LONDON — Britain’s financial watchdog has proposed changing the rules for companies listed on the U.K. stock market to include a “comply or explain” requirement for not meeting diversity targets.  The U.K.’s Financial Conduct Authority put forward its proposals on diversity and inclusion in a consultation paper published Wednesday.  It proposed that at

U.S. stock index futures fell during overnight trading on Tuesday after the major averages pulled back from record highs, snapping a five-day winning streak. Futures contracts tied to the Dow Jones Industrial Average slid 91 points, or 0.25%. S&P 500 futures were down 0.27%, while Nasdaq 100 futures fell 0.44%. During regular trading the S&P

Take a look at some of the biggest movers in the premarket: F5 Networks (FFIV) – F5 beat estimates by 30 cents a share, with quarterly earnings of $2.76 per share. The enterprise software maker’s revenue topped analysts’ forecasts as well. F5 saw strong demand amid a continued pandemic-induced growth in digital business applications. F5

Longtime market bull Phil Orlando is bracing for a rough stretch because Wall Street has reached a critical “inflection point.” The Federated Hermes chief equity market strategist is blaming the risk dynamic. Not only does Orlando see hotter-than-expected inflation and the Covid-19 delta variant as glaring issues, he’s also worried about uncertainty surrounding monetary and fiscal