Apple lost nearly $200B in market capitalization in matter of days on reports of iPhone restrictions in China
Apple has lost nearly $200 billion in market value amid a string of reports citing iPhone curbs for workers in China, according to data collected by Dow Jones Market Data Group.
China’s factory activity declined in April
The Chinese National Bureau of Statistics' senior statistician Zhao Qinghe has suggested that the decline was allegedly caused by inadequate market demand.
Adani shares surge after $1.87B GQG investment; more road shows lined up
After falling $130 billion in market value, Gautam Adani's conglomerate, Adani, is beginning to rally after a $1.87 billion investment by GQG Partners in Florida.
Cryptoverse: Big investors edge back to bitcoin
Bitcoin investors might finally be returning to cryptocurrency after the FTX collapse caused a crypto winter that saw the cryptocurrency industry take heavy losses.
Hedge fund industry lost $125B worth of assets in 2022
Investors rethought putting their money into hedge funds, leading to a net outflow of $55 billion in assets, making it the largest capital flight from the industry since 2016.
When executives stop selling stock, a big deal might be ahead
The U.S. Securities and Exchange Commission requires executives and directors to report share sales publicly, allowing investors to track their trading activity.
US corporate bond ETFs plunge in global debt market rout
Corporate Bond ETF's in the US, including many of BlackRock's, sink further as the UK bond market and US inflation have investors weary of a global debt crisis.
The British pound has taken a tumble. What's the impact?
The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. The currency chaos is playing out against the dollar’s rally.
EU seeks oil deal with Azerbaijan as euro drops below dollar amid soaring inflation
The European Union is seeking an oil deal with Azerbaijan as it attempts to cut oil dependence on Russia amid its war in Ukraine.
US stock futures edge higher to start the week
U.S. stock futures edged up to start the week after the S&P 500 hit another record close and notched its third consecutive week of gains.
Is Barstool’s Dave Portnoy’s sex tape causing Penn shares dip?
Barstool Sports founder Dave Portnoy reacts to investor speculation that his leaked sex tape caused Penn National Gaming's stock to slide.
During crucial holiday season, US consumer confidence slumps
A closely-watched gauge of U.S. consumer confidence tumbled in December as rising coronavirus cases dragged American optimism to its lowest level since the summer.
Oracle's Ellison relocates from California to Hawaii
Oracle co-founder Larry Ellison has moved from California's Silicon Valley to the Hawaiian island of Lanai.
Tupperware's stock soars thanks to more people staying home and cooking
In a continuation of its 2,500% rally from mid-March, Tupperware Brands Corp.'s stock skyrocketed Wednesday, up as much as 41%.
Cash App's popularity during COVID-19 pandemic boosts Square's stock
The Cash App has become a boon for Square Inc. during the course of the coronavirus pandemic, rallying shares 28% in the past month and 166% since the beginning of the year.
Millennials to drive housing market in 2020
America's youth are slated to take on more than half of all mortgages in the coming year.
How to break into Wall Street without knowing someone
The nonprofit Wall Street Bound offers a boot camp for people interested in entering the financial world.
Fidelity mutual fund guru Peter Lynch: Market will be higher in 10 years
Former Fidelity mutual fund manager Peter Lynch remains optimistic about stocks.
Goodwill CEO: More consumers asking for resale holiday gifts
Accenture study reveals nearly 60 percent of consumers would be interested in receiving a resold good for a gift, said Steve Preston.
Netflix investors should brace for even more bad news
Once dominant, Netflix's stock has taken a hit in recent weeks and one insider is seeing more competition as problematic.