Retail bets on zero day options are growing, but they may come at a price
It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is…
DeSantis orders probe into Bud Light’s deal with transgender influencer Dylan Mulvaney
Florida Gov. Ron DeSantis has told his government to investigate whether Bud Light’s parent company breached its duties to shareholders…
Cathie Wood says her flagship innovation fund has completely exited China
Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market…
Goldman Sachs misses on profit after hits from GreenSky, real estate
Goldman Sachs on Wednesday posted profit below analysts’ expectations amid write-downs tied to commercial real estate and the sale of…
Schwab CEO says bullishness among retail traders is rising, with buy orders 20% higher than sells
Charles Schwab CEO Walt Bettinger said Tuesday that retail investors using his brokerage platform are showing signs of bullishness on…
Charles Schwab stock pops 12% after second-quarter results beat expectations
Shares of brokerage firm Charles Schwab rose sharply Tuesday after the company’s second-quarter report topped expectations. Schwab generated 75 cents…
Twitter laid off most of its workers in Africa last year. They say they’ve been ignored and left without severance
Former Twitter employees in Ghana, who were laid off in November, have been left without severance pay and have not…
Morgan Stanley beats estimates on record wealth management revenue
Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by record wealth management results. Here’s…
Bank of America tops analysts’ expectations amid higher interest rates
Bank of America on Tuesday posted second-quarter profit and revenue that edged out expectations as the company reaped more interest…
Warren Buffett’s Berkshire Hathaway cuts Activision stake as Microsoft deal inches closer
Warren Buffett’s Berkshire Hathaway dumped a significant portion of its stake in Activision Blizzard as Microsoft’s deal to buy the video…
