China could make a U-turn to stop its companies being kicked off Wall Street

The China Securities Regulatory Commission, the country’s top securities watchdog, has proposed changing a decade-old rule that forbids Chinese firms from sharing sensitive data and financial information with overseas regulators. The amendment might allow US regulators to inspect audit reports of Chinese companies listed in New York. That could end a dispute between the two … Read more

Elon Musk’s Tesla Has Very Bad News

This is undoubtedly news that will relieve Tesla’s (TSLA) – Get Tesla Inc Report rivals because it thwarts the electric vehicle manufacturer’s plans to increase its market share. Its chief executive officer Elon Musk seemed to have aligned the pawns well to keep Tesla’s rivals in the very lucrative market of electric vehicles at bay. … Read more

Stocks week ahead: Is the US dollar in danger?

About 60% of the $12.8 trillion in global currency reserves are currently held in dollars, giving the US an exorbitant privilege over other countries. And that privilege pays: Because US government debt backed by the dollar is very attractive, interest rates are lower. The US gets to borrow from other countries in its own currency … Read more

Facebook Makes a Big Controversial Change

Facebook has made a lot of changes since the Covid-19 pandemic. The most important of these is undoubtedly the change in the name of the company. Since October, Facebook is now called Meta Platforms (FB) – Get Meta Platforms Inc. Class A Report. The decision is aimed at two things: trying to put behind the … Read more

GameStop stock split: Shares could get more affordable for even stock lovers

The meme darling of the Reddit crowd wants to initiate a stock split, a move that will drastically reduce the cost of one share, the company said late Thursday in a Securities and Exchange Commission filing. To do so, GameStop will have to ask shareholders at its upcoming annual meeting for approval to increase the … Read more

Don’t Buy BlackBerry Stock After Earnings Decline

Shares of BlackBerry (BB) – Get BlackBerry Limited Report are not trading well on Friday, down about 11% on the day after the company reported earnings. It comes on a tough day in the market, as the S&P 500 is caught in a three-day skid following a monstrous 11 day surge. Given the trend of … 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

Cramer’s Mad Money Recap 3/30: Micron, Devon Energy, Tesla

At this point in the business cycle, every company wants to be seen as a secular growth stock, Jim Cramer told his Mad Money viewers Wednesday. That’s because with interest rates on the rise, no one wants to be seen as a cyclical stock. But investors need to approach these stocks with skepticism, because not … Read more

Apple reportedly wants to handle its own financial services, and partners’ stocks paid the price

Apple Inc. has increasing ambitions in financial technology as it explores ways to participate in the financial-services industry more directly, according to a Wednesday report. The company is developing payment-processing technology and tools that could support future ambitions, according to Bloomberg News. Eventually, Apple AAPL, -0.66% could come to depend less on the partners that … 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