You may worry about it, but concentration has been a boon to index investors and to U.S. investors in general.
Archiv für den Monat: Februar 2024
Reddit will let users buy its IPO, but warns that they could make the stock riskier
The social media company’s S-1 filing revealed that some Reddit moderators and other users will be able to participate in the initial public offering.
German central bank losses soar, wiping out risk provisions
Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year.
Block shares surge as much as 14% after company announces surprise profit
There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.
Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more
These are the stocks posting the largest moves in extended trading.
Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
Capitol One agreed to purchase rival credit card player Discover for $35.3 billion.
Warner Bros. Discovery misses estimates for revenue and profit but boosts free cash flow
Warner Bros. Discovery boosted free cash flow but the company fell short of analyst estimates for revenue and profit.
German central bank losses soar, wiping out risk provisions
Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year.
Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback
On Thursday, Grab posted its first-ever profitable quarter, raking in $11 million in profit.
Block shares surge as much as 14% after company announces surprise profit
There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.