Coinbase Soars In Market Debut, Valued Near $86 BillionSan Francisco-based Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.
Robinhood Files Confidentially For IPO Despite Disastrous Start To 2021The filing, which Robinhood confirmed in a brief statement Tuesday afternoon, demonstrates how confident the company is in its growth prospects even after a disastrous few months.
Brokerages Limit Trading on GameStop Stock, Sparking Outcry and ProtestThursday was another rollercoaster day for GameStop with the company's stock dropping a whopping 44 percent as small online investors ran into a roadblock in their trading war with Wall Street short-sellers.
Does GameStop's Soaring Stock Indicate A Possible Market Bubble?The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
Surging Stock Market Reflects 'Very Bright Outlook' For Economy, Finance Prof SaysThe stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
Airbnb IPO: Shares More Than Double In Price In Long-Awaited Debut, Close At $144.71Airbnb shares more than doubled in price as the home sharing company made its debut Thursday on the Nasdaq stock exchange.
Tesla Short Sellers Lost More Than The US Airline Industry This YearThe incredible year for Tesla stock has created a bloodbath for those shorting the Bay Area-based electric carmaker's shares.
Dow Jones Tops 30,000 For First Time Ever As Biden Transition Points To More Stable FutureThe Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
What Do Election Results Mean For A Second Stimulus Package?Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
Stock Rout Deepens As S&P 500 Drops 3.5%, Dow Falls Over 943 PointsStocks tumbled more than 942 points on the Dow Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy.
Charles Schwab Plans To Lay Off 1,000 Employees Following TD Ameritrade MergerCharles Schwab said Monday that it is laying off 1,000 employees just weeks after completing its acquisition of TD Ameritrade.
Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market'In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
San Jose-Based Zoom Rides Pandemic To Continuing Explosive GrowthA surge in paying customers enabled Zoom to hail another quarter of explosive growth, deepening its integral role in life during the pandemic.
Tesla Shares Soar 50% Since Announcing Stock SplitTesla is preparing to split its stock, making it more affordable for average investors. It may need to do another one pretty soon if its shares keep surging.
Tesla Announces 5-for-1 Stock Split, First in its HistoryThe electric car company Tesla announced Tuesday evening it planned to split its stocks five-for-one, the first stock split in the company's history.