CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

GameStop seeks to split stock for the first time since 2007, shares jump nearly 17% in after-hours trading

Shares of GameStop Corp. jumped nearly 17% in after-hours trading Thursday, after the company announced that executives are looking to conduct a stock split for the first time in 15 years. The videogame retailer announced that it planned to ask shareholders for authorization to increase its share count to 1 billion from 300 million so … Read more

Dow down more than 300 points, US stocks edge lower on last day of S&P 500’s first losing quarter in 2 years

US stocks fell Thursday afternoon to cap a quarter in which Federal Reserve monetary tightening and the Russian invasion of Ukraine have weighed on sentiment and has put the S&P 500 on track for its first quarterly loss in two years. How are stock indexes peforming? The Dow Jones Industrial Average DJIA, -1.56% fell 336 … Read more

Stock-market investors laugh off yield curve’s recession warning — for now. Here’s why.

Blink and you missed it, but the yield on the 2-year Treasury note traded briefly above the yield on the 10-year note Tuesday afternoon, temporarily inverting the yield curve and triggering recession warning bells. Data shows that it hasn’t paid in the past to abandon stocks the moment the Treasury yield curve turns upside down, … Read more

S&P 500 set to exit correction: What history says happens next to stock-market benchmark

The S&P 500 index exited market-correction territory Tuesday, a move that has tended to point to near- and medium-term gains for the US large-cap benchmark in the past. The S&P 500 SPX, +1.23% rose 56.08 points, gold 1.2%, to close at 4,631.60 in afternoon. The index needed to close above 4,587.77 to mark a 10% … Read more

GameStop stock shows rare resiliency as it rises to longest win streak in more than 4 years

Shares of GameStop Corp. continued to charge higher Friday, to extend the win streak that started nine trading days ago, after they closed at a one-year low. The videogame and consumer electronics retailer’s stock GME, +6.71% charged up as much as 11.1% intraday before paring gains to close up 6.7% at $151.95. It has rocketed … Read more

Larry Fink says globalization is over — Here’s what it means for the markets

BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can’t turn on a dime, analysts say. “There is a lot of talk about countries going back to local production and the era … Read more

Stock-market investors should watch this part of the yield curve for the ‘best leading indicator of trouble ahead’

Investors have been watching the US Treasury yield curve for inversions, a reliable predictor of past economic downturns. They don’t always agree on which part of the curve is best to watch though. “Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management … Read more

US Treasury market plagued with illiquidity as government bonds suffer worst week in years

Signs of trouble continue to show up in the world’s largest, most liquid government-securities market as government bonds logged their worst week in years and the US central bank’s interest rate hiking cycle gets under way. All six of the gauges used to monitor US Treasury market depth — or the ease with which securities … Read more

Here is what AT&T is giving investors in WarnerMedia spinoff, and how it will work

AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own. AT&T T, +2.19% is in the process of spinning off its WarnerMedia business in a combination with Discovery Inc. DISCA, +0.85%, which executives … Read more