Headlines
/
Headlines -
1 day ago
LONDON/SINGAPORE—Bitcoin plummeted as much as 17 percent on Tuesday as investors grew nervous at sky-high valuations, triggering the liquidation of leveraged bets and sparking a sell-off across cryptocurrency markets. The world's biggest cryptocurren...
Headlines
/
Headlines -
1 week ago
Rep. Byron Donalds (R-Fla.) is urging the New York Stock Exchange (NYSE) to relocate to Florida, where he says there's no danger that the company will be hit with a tax on stock trades. “We have a lot of nice land here in Southwest Florida. We can fi...
Headlines
/
Headlines -
1 week ago
LONDON—Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world's biggest cryptocurrency is gaining acceptance amongst mainstream investors. Bitcoin hit a new high of $50,602 and was last up 5 pe...
Headlines
/
Headlines -
1 week ago
On the eve of President Joe Biden's inauguration, the Hong Kong stock market soared as Chinese money poured in. On Jan. 19, the daily trading volume of Hong Kong stocks exceeded 300 billion Hong Kong dollars ($38.7 billion). On Jan. 21, the Hang Seng...
Headlines
/
Headlines -
2 weeks ago
The New York Stock Exchange may leave New York if state lawmakers approve a proposal to tax stock trades, the president of the exchange said on Feb. 9. "The New York Stock Exchange belongs in New York," Stacey Cunningham wrote in an op-ed in the Wall...
Headlines
/
Headlines -
2 weeks ago
Companies raised $546 billion from new bond and share issues in January, as a flood of central bank money-printing and recovering stock markets brought record numbers of new listings, special-purpose acquisition company (SPAC) deals, and share sales,...
Headlines
/
Headlines -
2 weeks ago
Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop and AMC, according to an update on its website. "There are currently no temporary limits to increasing your positions," th...
Headlines
/
Headlines -
2 weeks ago
Treasury Secretary Janet Yellen said she will hold a meeting Thursday with top financial market regulators to discuss recent trading volatility that saw shares like GameStop soar, fueled by online communities seeking to build buying momentum and prof...
Headlines
/
Headlines -
3 weeks ago
While the price of video game retailer GameStop has slumped this week, many of the small investors who have rushed the stock are still holding, and some are buying more. The company’s efforts to reinvent its struggling business model remain laden wit...
Headlines
/
Headlines -
3 weeks ago
DETROIT—General Motors Co became the latest automaker hit by the global shortage of semiconductor chips as the U.S. automaker said on Feb. 3 it will take down production next week at four assembly plants. GM said it will cut production entirely durin...
Headlines
/
Headlines -
3 weeks ago
GameStop and a handful of other stocks have experienced roller-coaster rides that have gripped financial markets over the last week.
Headlines
/
Headlines -
3 weeks ago
Treasury Secretary Janet Yellen is set to meet with financial regulators to discuss market volatility, including frenzied trading of GameStop stock. Yellen will meet with officials from the Securities and Exchange Commission, the Federal Reserve, the...
Headlines
/
Headlines -
3 weeks ago
Astra, a startup that makes small rockets to send satellites into orbit, is going public at a valuation of $2.1 billion through a deal with blank-check company Holicity Inc, the companies said on Tuesday. The deal with Holicity is expected to provide...
Headlines
/
Headlines -
3 weeks ago
Robinhood CEO Vlad Tenev defended the app's decision to halt trading of GameStop stocks during last week's trading turmoil, telling Tesla CEO Elon Musk during a webcast on Monday there was no "shadiness" involved and pushing back against what he refe...
Headlines
/
Headlines -
3 weeks ago
Update (11:30 a.m. ET): After dropping earlier, GameStop and other heavily shorted stocks are rising after trading app Robinhood lifted some trading restrictions. Reports say clients can now purchase up to 100 shares of GameStop and raised limits on...