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Best Stocks

AMC Down 21% Premarket as APE-conversion Case Settles

Best Stocks

AMC Down 21% Premarket as APE-Conversion Lawsuit Settled

AMC's preferred APE shares jumped 11.5% after the settlement.

Tim FriesApr 4, 20233 min read

Best Stocks

Block Silent on Promoting Song About Using CashApp to Pay for Murder: Hindenburg

Hindenburg Research released a response to Block's statement, accusing the firm of inflating its user count to investors and other shady activities.

Tim FriesMar 31, 20233 min read

Best Stocks

Virgin Orbit Down 41% in Premarket as Firm Halts Operations, Begins Layoffs

Virgin Orbit said it is halting operations "for the foreseeable future" as it fails to raise capital.

Tim FriesMar 31, 20233 min read

Best Stocks

First Republic Surges 33% in Premarket as SVB Deal Calms Investors

First Republic stock soared 33% in premarket after First Citizens BancShares agreed to purchase SVB loans and deposits.

Tim FriesMar 27, 20233 min read

Crypto

Nasdaq Plans to Launch a Crypto Custody Platform This Year: Report

Nasdaq aims to launch crypto custody platform by the end of second quarter.

Tim FriesMar 24, 20233 min read

Best Stocks

Hindenburg Research Accuses Jack Dorsey’s Block of Fraud

Hindenburg Research hit out at Jack Dorsey's Block for engaging in fraudulent activities.

Tim FriesMar 23, 20233 min read

Coinbase Shares Fall 13% in Premarket as SEC Action Looms

Best Stocks

Coinbase Shares Fall 11% in Premarket as SEC Action Looms

Coinbase shares in premarket trading Wednesday are down 11% as SEC action against the crypto exchange looms.

Tim FriesMar 23, 20233 min read

Best Stocks

Tech Layoffs Continue as Amazon Plans to Eliminate 9,000 Positions

Amazon said it will lay off 9,000 employees in the coming period, just a few months after trimming 18,000 positions.

Tim FriesMar 20, 20233 min read

Best Stocks

Robinhood Makes a U-turn, Will Honor Bets Against Signature Bank

Robinhood will let customers keep their 'winning' short positions against Signature Bank open, backing down on its previous decision.

Tim FriesMar 16, 20233 min read

Best Stocks

Credit Suisse Down 28% as its Biggest Backer Refuses Additional Help

Credit Suisse shares plummet to a new all-time low after key backer rules out further financial aid.

Tim FriesMar 15, 20233 min read

New York Stock Exchange. 11 Wall St. (closed to the public for security reasons). The building of the bag, or simply also called Wall Street, has become the global symbol of capitalism. A large flag flies over the main building overlooking St Broad Street, under which brokers parade dressed from side to side of the street. After the crisis of 2008, certain shares of the leading companies in the world came to losing half of your quote in a few months.

Best Stocks

Bank Stocks Tank on Market Open Despite White House’s Reassurance

Global bank stocks nosedived at Monday market open after the US authorities shut down SBV and Signature Bank to prevent a potential crisis.

Tim FriesMar 13, 20233 min read

Silicon Valley Bank headquarters and branch; Silicon Valley Bank, a subsidiary of SVB Financial Group, is a U.S.-based high-tech commercial bank

Best Stocks

Silicon Valley Bank, Serving VCs like a16z, in Crisis as Shares Drop 60% Premarket

Shares of Silicon Valley Bank continue to fall at a rapid rate in premarket trading Friday.

Tim FriesMar 10, 20233 min read

iPad showing the website of Cathie Wood's Ark Invest and recent investment in Robinhood and Coinbase.

Best Stocks

ARK Buys the Dip, Adding $13.4M in Coinbase and Robinhood Shares

ARK Invest took advantage of the stock market dip on Tuesday, pouring $13.4M into Coinbase and Robinhood shares.

Tim FriesMar 8, 20233 min read