The biggest one-day sell-off since mid-March came on the heels of sobering comments on the likely velocity of the U.S. economy recovering from the pandemic and growing concerns over a second wave of COVID-19 cases.
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Cramer thinks Wall Street pros may be playing a game with amateur Robinhood traders
„They’re fomenting action. Once you foment action, it brings in suckers and then maybe they’ll buy the stock thinking that there’s something going on,“ CNBC’s Jim Cramer said Friday.
Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‚very good buys‘
Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were „really very good buys.“
Quicken Loans, the largest U.S. mortgage lender, is planning an IPO, sources say
The company, founded and owned by Detroit billionaire Dan Gilbert, has filed its IPO prospectus confidentially, sources said.
Top stocks on Robinhood brokerage get crushed as market violently reverses
Some Robinhood traders who had booked profits as the market rebounded are getting squeezed as the Dow tumbles again.
Op-ed: Why millennials are investing during this crisis — ‚We aren’t going to miss it this time‘
CNBC’s Courtney Reagan says she and others in her age group are hopeful that the American economy will be resilient, as it has been in the past.
Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‚very good buys‘
Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were „really very good buys.“
Robinhood traders are not behind the rally and their favorites actually underperform, Barclays says
Barclays‘ analysis finds that just as some retail investors are cashing in, many others are getting the market all wrong and losing money.
Stocks making the biggest moves in the premarket: Lululemon, Caterpillar, Sony, Tesla, Boeing & more
The stocks making the biggest moves in premarket trading include Lululemon, Caterpillar, Sony, Tesla, Boeing, and more.
Stock market live updates: Dow bounces 700 points, reopen trades back on, United pops 11%
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