Stock markets
- Finance
Job growth in February may mark the start of a hiring boom as the economy reopens
Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, brings a take-out food order to an outside table at the Promenade…
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Employers likely added more jobs in February, but economists say there’s no bounce back yet
A worker wearing a protective mask boxes a pizza inside a Costco store in San Francisco, California, on Wednesday, March…
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Morgan Stanley raises GE target to $17, a high among Wall Street banks
Morgan Stanley is now the biggest General Electric bull on Wall Street after analyst Josh Pokrzywinski raised his target on…
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Exxon CEO Darren Woods promises investors a strong dividend despite 2020 losses
Exxon CEO Darren Woods emphasized the oil giant’s commitment to its dividend after the company lost more than $20 billion…
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‘Buzz’ ETF tracking social media sentiment launches Thursday amid Reddit manias in stocks
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via…
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Shares of Rocket Companies are dropping after a 70% irrational pop in the heavily shorted name
A Reddit logo seen displayed on a smartphone with stock market prices in the background. Omar Marques | LightRocket |…
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The oil industry is getting greener much more quickly as U.S. focus shifts to climate change
A worker wrestles a stand of drill pipe into place on a drilling rig near Midland, Texas. Nick Oxford |…
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Shares of Rocket Companies, a large short target of hedge funds, jump more than 20%
Shares of Rocket Companies rallied more than 20% Tuesday in a surprising move on no apparent new news. The online…
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Warren Buffett owns more of a Chinese electric car company than General Motors
Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing…
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New York attorney general warns cryptocurrency industry: ‘Play by the rules or we will shut you down’
A visual representation of digital currencies. Yuriko Nakao | Getty Images New York Attorney General Letitia James sent a blistering…
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‘There is no alternative’ — Stocks’ long-running ‘TINA’ advantage could be ending, worrying traders
The New York Stock Exchange (NYSE) stands in the Financial District in Manhattan on January 28, 2021 in New York…
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Sensex, Nifty regain nearly half of Friday’s losses, end near day’s high; here’s what analysts have to say
Positive global cues and US yields retreating from highs led to a strong opening today with indices sustaining gains throughout…
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Buffett is buying back more Berkshire stock this year after record $25 billion repurchase in 2020
Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year…
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Art Cashin expects more stock pain as traders worry about Fed losing control of bond market
Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility…
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Data firm that monitors Reddit says it saw GameStop mentions spiking days ago
Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen,…
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Stocks just got some new competition from bonds as 10-year rate tops dividend yield
Bonds have been shunned by many investors as rock-bottom rates made them unattractive relative to equities. On Thursday, the bond…
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Robinhood is still on track for a hot IPO despite the GameStop controversy
Avishek Das | LightRocket | Getty Images Robinhood is recovering from weeks of customer backlash, and a public grilling by…
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Cathie Wood says her confidence is growing in Tesla, Ark Invest has been adding to position
Cathie Wood said Ark Invest is still bullish on Tesla and continues to buy up shares of the electric car…
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GameStop shares soar more than 100% amid executive shuffle
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more…
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Wall Street clearing firm proposes 1-day trade settlement after Robinhood controversy
Pavlo Gonchar | LightRocket | Getty Images The firm that provides clearing and settlement services for brokers proposed shortening the…
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Here’s what to expect from Thursday’s GameStop hearing with Robinhood, Citadel and Reddit CEOs
The chiefs of Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at…
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Warren presses Citadel CEO Griffin about relationship with Robinhood, payment for order flow
Sen. Elizabeth Warren, D-Mass. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth Warren is pressuring Citadel CEO…
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Robinhood-GameStop hearing will scrutinize how brokerages get paid for trades
With attention focused on Robinhood, GameStop and retail traders at Thursday’s congressional hearings, trading volumes are very much in focus,…
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Texas outages hit water supplies as thousands struggle without power for a fourth day
Propane tanks are placed in a line as people wait for the power to turn on to fill their tanks…
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Yellen says investors should be very careful with some sectors, calls bitcoin ‘highly speculative’
Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in…
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Workhorse Group drops nearly 50% after EV company is passed over for USPS contract
Workhorse W-15 Electric Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one point on Tuesday…
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Citadel’s Ken Griffin defends controversial Wall Street practice, says firm would adapt if it were outlawed
During Thursday’s GameStop hearing, Citadel Securities’ Ken Griffin defended a controversial method brokerages use to make money, and said his…
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‘Flat out false’ — Ken Griffin says Citadel doesn’t use personal information from retail investors
Citadel CEO Ken Griffin dismissed as “flat out false” the accusation that his firm improperly uses information it garners from…
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Hedge funds that hunkered down after GameStop are now missing out on market gains
Pavlo Gonchar | LightRocket | Getty Images Hedge funds are still licking their wounds after a retail trading frenzy forced…
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Retail sales expected to be strong in January, helped by stimulus checks
A woman carries Nike shopping bags at the Citadel Outlet mall, as the global outbreak of the coronavirus disease (COVID-19)…
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