A virtual gathering of Roblox employees who marked direct listing on the New York Stock Exchange on Wednesday. Photo: Roblox March 10, 2021 5:22 pm ET For Roblox, RBLX 54.44% waiting only …
Read More »Cathie Wood’s ARK investment faces a reckoning as tech trading stalls
ARK Investment Management LLC’s winning bets on disruptive technology companies cemented Cathie Wood’s status as Wall Street’s most popular fund manager since Peter Lynch or Bill Gross. Now those tactics threaten to …
Read More »How Capital Riot Pushes Big American Companies Into Politics
Following the US Capitol riots, Twitter Inc. banned President Trump’s social-media account. Publisher Simon & Schuster canceled the publication of a book by Sen. Josh Hawley (R., Mo.), which led to a …
Read More »CEO, Industry Group Announces Capital Riots
Business leaders and business groups called Wednesday to end the violence in Washington, D.C., and there was a peaceful transfer of power by supporters of President Trump to supporters in the Capitol, …
Read More »Popular trading platforms TD Ameritrade, Robinhood, and others faced shares of Tesla and Apple shares early Monday.
Users of several popular trading platforms complained of down systems, lethargy and inability to trade on Monday, with two of the most prominent stocks trading on a split-adjusted basis for the first …
Read More »Notifies some staff of Salesforce job cuts
Sales force. Com Inc. has begun informing some of its employees that they may lose their jobs a day later, when the software-software provider reported record sales, increasing its stock. In March, …
Read More »High premarket on sale, Amgen and Honeywell Dow-joining news; Exxon, Pfizer and Raytheon run less
Shares of three new additions to Dow Jones Industrial Average DJIA, + 1.35% Prepaid trades were higher on Tuesday, while the S&P Dow Jones Indies reduced the three departed members a day …
Read More »Exxon Mobil fell from Dow after nearly a century, replaced by Salesforce
Exxon Mobil, which joined the Dow Jones Industrial Average in 1928, is being removed from the blue-chip stock market index. Its replacement: Enterprise software company Salesforce.com. Also leaving the index are pharmaceutical …
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