From Meta Platforms Inc. to Twitter, big names in the tech sector have announced major layoffs in October and November. Facebook parent Meta META, +5.18% is cutting 11,000 employees, or Read more
Tag: Robinhood Markets Inc.
Robinhood’s active users fall, approaching pre-meme-stock-craze numbers
Shares of Robinhood Markets Inc. HOOD, -4.36% rose after hours Wednesday after the stock-trading app reported a narrower-than-expected loss and forecast lower expenses, even as active users turn away from Read more
Wall Street is being nicer on earnings as vaccine makers, fintech reports near
With a downcast earnings season passing the halfway mark, results from financial-technology and vaccine makers will arrive this week amid questions about consumer spending and demand for COVID-19 drugs. As Read more
Matt Damon crypto ad turns one. How much you would’ve lost if you invested then
Remember that Crypto.com commercial titled, “Fortune Favors The Brave” that featured movie star Matt Damon? In case you don’t, here’s a refresher. Damon did a now-infamous commercial for the cryptocurrency Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
Opinion: Your financial life may be too messy for a 60/40 portfolio
If you’re trying to figure out how to make sure you’ve always got the best mix of investments, there are general rules, questionnaires about risk and all sorts of academic Read more
RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs
Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural language Read more
Robinhood releases crypto wallet with Polygon for select users
Trading app Robinhood Markets Inc. has finally rolled out a noncustodial crypto wallet to 10,000 beta users on its wait list, the company announced on Tuesday morning. The product, called Read more
Affirm added to ‘zombie’ stocks list by equity research firm New Constructs
Buy now pay later operator Affirm has been added to the list of ‘zombie’ stocks compiled by independent equity research firm New Constructs. The research firm, which uses machine learning Read more
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