Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second…
GameStop shares soar more than 100% amid executive…
A GameStop store is pictured in New York, January 29, 2021.Carlo AllegriI | ReutersShares of GameStop surged more than 100% on Wednesday as investors poured into the brick-and-mortar retailer amid a C-suite shake-up.Shares were halted…
Wall Street clearing firm proposes 1-day trade settlement…
Pavlo Gonchar | LightRocket | Getty ImagesThe firm that provides clearing and settlement services for brokers proposed shortening the time it takes to settle a trade, amid the GameStop controversy that caused brokerages like Robinhood…
Workhorse Group drops nearly 50% after EV company…
Workhorse W-15 Electric Pickup Truck.Source: WorkhorseShares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service.Amid heightened volatility,…
Cathie Wood’s funds take hits as Tesla and…
Cathy WoodCrystal Mercedes | CNBCSome called it the "Cathie Wood sell-off." At the open Tuesday, the top names owned by Ark Investment Management were the biggest decliners in the market. Shares of Palantir, Tesla, Roku,…
Yellen sounds warning about ‘extremely inefficient’ bitcoin
Janet Yellen, U.S. President-elect Joe Biden's nominee to be treasury secretary, speaks as Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1,…
Watch the first ever video of NASA landing…
An image from the video taken by multiple cameras as NASA's Perseverance rover landed on Mars on Feb. 18, 2021.NASA/JPL-CaltechNASA on Monday released first-of-its-kind video of a spacecraft landing on another planet, as multiple cameras…
5 smart things to know about alternative assets
1. Asset classes which do not fall in the traditional equity, debt and liquid, fall under the alter- 1nates category. 2. Alternative asset classes include commodities, real estate, collectibles, foreign currency, venture capital, private equity…
Top Wall Street analysts say buy stocks like…
Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners…