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

Robinhood extends trading hours from 7 am to 8 pm — 3 rookie mistakes when trading stocks after hours

At 7 am, it can be the time for a morning coffee while 8 pm can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s also becoming a time to play the stock market during extended trading hours — but … Read more

California grocery workers vote to authorize strike

Thousands of central and Southern California grocery workers have voted to authorize their union to call a strike against several major supermarket chains ByThe Associated Press March 27, 2022, 9:50 PM • 3 min read Share to FacebookShare to TwitterEmail this article LOS ANGELES — Thousands of central and Southern California grocery workers have voted … Read more

Yale professor monitoring companies still doing business in Russia ups the ante by highlighting those that are now ‘digging in’

The Yale professor who is monitoring companies that are still doing business in Russia following its unprovoked invasion of neighboring Ukraine has upped the ante by reclassifying the list into five categories with the fifth titled “digging in” — or defying public demands for exit. Some 39 companies, including Koch Industries Inc., packaging company Ball … Read more

This fund bailed on techs at the end of the year. Here’s the sector it’s fading now.

What better time to invest in financials than at a time with rampant inflation and a Federal Reserve promising 11 rate hikes over the next two years? That’s not the view at Deuterium Capital, which is expecting a sharp slowdown in the economy. The Deuterium Global Dynamic Allocation Fund is mostly driven by a macroeconomic … Read more

It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks

“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of BlackRock BLK, in his annual letter to shareholders that published Thursday. And in our call of the dayhe closed the door … Read more

US stocks bounce back as investors weigh hawkish Powell remarks, Ukraine war

US stocks rose Tuesday, shaking off a wobble that followed remarks a day earlier by Federal Reserve Chairman Jerome Powell signaling that the central bank could deliver bigger interest rate increases at coming policy meetings in a bid to rein in inflation currently running at a 40 year high . What’s happening The Dow Jones … Read more

The banks to buy are outside the US, even with the Fed eyeing 11 rate hikes, these fund managers say

The Federal Reserve just made its first interest-rate hike in four years and is expecting 11 quarter-point increases this cycle. Loan origination is also rising as consumers burn through the savings accumulated through stimulus checks and extra unemployment benefits. So it’s a great time to load up on financials, right? The surprising answer from managers … Read more