The U.S. affiliate of crypto exchange FTX said Thursday it plans to roll out zero-commission stock trading.
Archiv für den Monat: Mai 2022
Melvin Capital says it’s winding down funds and returning money to investors during market turmoil
Melvin Capital, the hedge fund crushed last year after betting against GameStop, said it will unwind its funds and return cash to investors.
Inflation-fighting Fed isn’t focused on impact of rates on stocks, Esther George Says
Central bank official noted that the Fed is looking to tighten financial conditions, and part of that is the stock market
Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Spirit and more
These are the stocks posting the largest moves before the bell.
Stocks fall again on Thursday pushing the S&P 500 to the brink of a bear market
Stocks were under pressure Thursday, a day after Dow Jones Industrial Average experienced its biggest one-day drop since 2020.
Melvin Capital says it’s winding down funds and returning money to investors during market turmoil
Melvin Capital, the hedge fund crushed last year after betting against GameStop, said it will unwind its funds and return cash to investors.
Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Synopsys
See which stocks are posting big moves after the bell.
Kohl’s says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss
Kohl’s joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.
Tencent profits plunge as Chinese tech giant grapples with Covid lockdowns, regulation
China’s Covid lockdowns have hurt advertiser sentiment, while Tencent’s ad business has also taken a knock from competition from rivals.
Bath & Body Works shares fall as retailer cuts profit outlook due to inflation
Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures.