Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Chime is now worth $14.5 billion, surging past…
Chime CEO Chris BrittSource: ChimeThe fintech world has a new heavyweight.Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $ 14.5 billion, CNBC has learned…
JPMorgan creates new team to trade shares of…
JPMorgan Chase thinks it's found the next hot market for investors: Taking stakes in giant, pre-IPO start-ups from SpaceX to Airbnb.The investment bank is launching a new team to connect sellers and buyers in the…
Robinhood scraps launch of its investing app in…
The Robinhood investment app is see on a smartphone in this photo illustration on June 24, 2020 in Washington,DC.Jim Watson | AFP | Getty ImagesRobinhood has postponed the launch of its popular stock-trading app in…
Robinhood increases guardrails on options trading in the…
Robinhood is making it more difficult to get access to its options offering in the wake of a customer's suicide last week. In a blog post Friday, Robinhood's co-CEOs outlined multiple changes to the free-trading app.…
Young trader dies by suicide after thinking he…
Source: RobinhoodOn the small yellow sticky note that 20-year-old Alex Kearns left on his bedroom door was an ominous message saying to turn on the computer.Daniel Kearns powered up his son's laptop in their home…
Follow Robinhood traders? Amateurs’ favorite stocks are beating…
Luis AlvarezRetail investors are giving Wall Street pros a run for their money during the market comeback, with the amateurs' top picks outperforming those of hedge funds, according to Goldman Sachs. Goldman — using Robinhood, Robintrack…
Cramer thinks Wall Street pros may be playing…
CNBC's Jim Cramer said Friday that professionals on Wall Street are taking advantage of amateur investors by bidding up beat-up but popular stocks like airlines in premarket trading. "It's a game. If it weren't securities, let's…
Top stocks on Robinhood brokerage get crushed as…
A man looks at an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on May 26, 2020.KAZUHIRO NOGI | AFP via Getty ImagesAfter reaping profits during the market's rebound, some…