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The headquarters of the Credit Suisse branch in Milan, Italy...

Best Stocks

Credit Suisse Stock Up 6% as Another Key Dealmaker Departs

Credit Suisse's stock is up more than 6% in Tuesday session after the bank announced new staff changes, including the departure of another key dealmaker.

Tim FriesJan 3, 20233 min read

Tesla Cybertruck on an asphalt desert road.Szczecin, Poland-January 2020

Best Stocks

S. Korean Watchdog Fines Tesla for False Claims: Shares Fall 4%

South Korea's Fair Trade Commission (KFTC) fined Tesla $2.2 million for falsely advertising the driving range capabilities of its vehicles in cold temperatures.

Tim FriesJan 3, 20233 min read

A warehouse with racks of servers and equipment used to mine Bitcoin.

Best Stocks

Argo Blockchain’s Shares Up 100% as Miner Avoids Bankruptcy with $100M Deal

Shares of Argo Blockchain are up more than 100% in London after the troubled miner secured a bailout deal.

Tim FriesDec 28, 20223 min read

New York Stock Exchange Manhattan, Wall Street, New York

Market Analysis

SPAC Promoters Lost $1B+ in 2022, and there’s More Pain to Come

Recessionary outlook and new tax burden triggers record SPAC liquidations in December.

Tim FriesDec 27, 20224 min read

Wall Street sign post with American national flags in background. New York city financial economy district

Best Stocks

Argo Blockchain Requests a 24-hour Trading Suspension of US Shares

Embattled bitcoin miner Argo Blockchain requested a 24-hour suspension of trading for its US shares ahead of a major announcement.

Tim FriesDec 27, 20223 min read

Tesla factory plant, an American electric vehicle and clean energy company based in Palo Alto

Best Stocks

Tesla Continues to Dip on News of Shanghai Production Cut, Down 5.4% in Premarket

Tesla is planning to extend its reduced production schedule in January 2023, according to Reuters.

Tim FriesDec 27, 20223 min read

APE Surges 38% as AMC Announces Fundraising Round

Best Stocks

APE Surges 45% as AMC Announces Debt Exchange, Reverse Stock Split

AMC's preferred shares APE are up more than 38% in pre-open Friday after the company's massive announcement.

Tim FriesDec 23, 20223 min read

Meta Platform on the smartphone with Facebook home page on background

Best Stocks

Meta to Pay $725M in Historic Settlement in Cambridge Analytica Case

Meta Platforms agreed to pay $725 million to resolve a class-action lawsuit involving Cambridge Analytica in a historic settlement.

Tim FriesDec 23, 20223 min read

Best Stocks

AMC Up 1.1% as Firm Abandons Cineworld Acquisition

AMC Entertainment said it could not reach an agreement with Cineworld to acquire some of the bankrupt cinema chain rival's assets.

Tim FriesDec 21, 20223 min read

Best Stocks

Core Scientific Shares Drop 26% as Crypto Miner Files for Bankruptcy

Bitcoin mining firm Core Scientific filed for Chapter 11 bankruptcy protection today, dealing another blow to the troubled industry.

Tim FriesDec 21, 20223 min read

Lonely man sitting on bed in bedroom and using phone at night. Face illuminated from smartphone display.

Policy

Young Investors Prone to Risky Investments, Rely on Social Media for Tips: Survey

Ease of trading combined with lack of knowledge equals risk taking for younger investors.

Tim FriesDec 20, 20225 min read

Best Stocks

Netflix Down 2.7% Premarket as Ad-Tier Gets Lukewarm Response

Neftlix's stock is down more than 2.7% after estimates show a weak performance in the platform's ad-supported tier in its launch month.

Tim FriesDec 20, 20223 min read

Best Stocks

Adobe Up 5.2% Premarket as Firm’s Q4 Earnings Beat Expectations

Adobe's shares are up over 5.2% in premarket trading Friday after the company reported better-than-anticipated Q4 2022 financial results.

Tim FriesDec 16, 20223 min read