Wall Street

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…

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…

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…