Robinhood to lay off 23% of its workforce, with CEO admitting ‘this is on me’
admin Robinhood Markets Inc. plans to cut its staff by 23%, citing the weakening economic environment…
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Canada’s TD buying investment bank Cowen to broaden its U.S. push
Cowen Inc. shares rallied Tuesday on its $1.3 billion buyout by Canada’s TD Bank Group…
Read MoreDid the stock market peer through ‘rose-colored glasses’ as tech surged in July?
Growth and technology-related stocks jumped in July, with investors now trying to discern what recessionary…
Read MoreInvestors betting on a dovish Fed pivot are engaging in a delicate dance, warns Goldman
A powerful rally across financial markets sparked this month as more investors bet on the…
Read MoreChina’s real estate crisis will cause a more severe downturn in iron ore prices: Goldman Sachs
A severe surplus in the iron-ore market caused by the renewed pressure in China’s property…
Read MoreCannabis activist says convictions amount to modern ‘scarlet letter’ in Senate hearing on marijuana decriminalization
Cannabis activist Weldon Angelos said he still can’t work for a legal cannabis business and…
Read MoreGoldman Sachs, Bank of America earnings shrink but offer some bright spots
Goldman Sachs Group Inc. and Bank of America Corp. shares rose Monday on stronger-than-expected second-quarter…
Read MoreEarnings expectations for 2023 likely to be revised lower, Goldman warns
The second-quarter earnings season started in earnest on Thursday with disappointing reports from JPMorgan Chase…
Read MoreStocks may keep falling as this ‘harbinger’ points to potential ‘hit’ to companies’ forward profits, warns Morgan Stanley
Pain in the battered stock market may continue to intensify this year as companies face…
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Palantir stock’s ‘strength will prove unsustainable,’ analyst says in downgrade
Palantir Technologies Inc. shares are up nearly 50% from their May lows, but one analyst…
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