By Michael Grothaus March 30, 2023 If you used Robinhood’s platform in 2020 and were affected by specific outages that the trading app experienced, you may be eligible for compensation. Robinhood has reached a proposed class action settlement for specific outages and will pay $9.9 million to settle claims surrounding trading losses. Here’s what … Continue reading Robinhood might owe you money after it suffered outages in 2020. Here’s how to check
By Christopher Zara February 17, 2023 Big Oil loves them. So does Meta. Even Norfolk Southern Railway is a fan. We’re talking about stock buybacks, the perennially popular practice of companies scooping up their own shares on the open market. Buyback programs can be a hit with shareholders and executives, but they’re controversial. In … Continue reading Stock buybacks are still all the rage, and company executives can’t stop talking about them
By Michael Grothaus February 01, 2023 The beleaguered fitness company Peloton Interactive, once one of the hottest stocks of the pandemic, has revealed its second-quarter results for the fiscal year 2023. Announcing the results, Peloton CEO Barry McCarthy said, “If you’ve been wondering whether or not Peloton can make an epic comeback, this quarter’s … Continue reading Peloton stock price jumps: CEO touts ‘epic comeback’ amid narrowing losses
By Chris Morris January 26, 2023 Wall Street, it would appear, has more than a few doubts about e-sports. FaZe Clan, the digital gaming-and-e-sports-content platform that went public just over six months ago with a valuation of $1 billion, is already trading well below a dollar per share, putting the company at risk of … Continue reading FaZe Clan faces possible delisting from the Nasdaq—just 6 months after going public
Agencies To Wall Street: Short The Video Ad Marketplace by Joe Mandese @mp_joemandese, January 26, 2023 As part of a regular series of ad-executive fireside chats with Wall Street analysts at New Street Research, two influential agency media executives — GroupM’s Kate Scott-Dawkins and Horizon’s Donnie Williams — said the kind of short-form video advertising … Continue reading Agencies To Wall Street: Short The Video Ad Marketplace
By Sam Becker September 23, 2022 A tumultuous year for the stock markets continues, as the Dow Jones Industrial Average tumbled nearly 2.5% on Friday to below 30,000, marking a new low for 2022. In early January, the Dow reached an all-time high of 36,799, and this latest drop means that the index has … Continue reading The Dow slides to its lowest point since 2020, as recession fears grow
By Kaitlyn McInnis September 18, 2022 Whether we like it or not, there are a very small handful of tech companies that dominate the tech industry as a whole. The FAANG companies, also known as MAMAA, Big Tech, or the Big Five, originally started as a stock market term to describe the newest and hottest … Continue reading What is a FAANG company?
7 Safe Stocks to Rely on When the Market Swerves InvestorPlace / 21 Sep 2022 Add these seven safe stocks to your portfolio as volatility and uncertainty continue. As volatility and uncertainty continue, it remains a good time to add these seven safe stocks to your portfolio. Amphastar Pharmaceuticals (AMPH): There are many reasons why … Continue reading 7 Safe Stocks to Rely on When the Market Swerves
China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers ValueWalk / 30 Aug 2022 Tech stocks in China and the U.S. are popping, although for different reasons. In China, an agreement between Washington and Beijing over their long-running audit disagreement triggered gains in Chinese tech stocks because their U.S. listings appear to be protected. … Continue reading China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers
By Michael Grothaus August 05, 2022 Hot on the heels of announcing its Q2 2022 results (August 17, 2022), movie theater chain and meme stock AMC announced it will issue a new type of preferred stock as a dividend to existing AMC shareholders. The announcement of the new preferred stock, ticker symbol APE, has … Continue reading AMC stock price: Shares crash as company announces new preferred APE stock
