stock market
US headed for a deep recession in near future as stocks could fall 30%, analyst warns
July 2, 2024 | 5:37pmStocks notched a new record in mid-May, with the Dow Jones Industrial Average topping 40,000 for the first time ever, but they have since fallen from those highs.
'Roaring Kitty' sued for alleged 'pump-and-dump' scheme with GameStop stock
July 1, 2024 | 12:32pmKeith Gill, the former financial analyst for MassMutual, is being sued in Brooklyn federal court by GameStop shareholders who allege securities fraud.
Chewy stock briefly soars after 'Roaring Kitty' discloses 6.6% stake
July 1, 2024 | 10:47amKeith Gill filed disclosure forms with the Securities and Exchange Commission on Monday showing that he had amassed 9,001,000 shares of Chewy.
Fed's preferred inflation gauge rose 2.6% in May in signal that prices could be easing
June 28, 2024 | 8:44amEconomists had expected the report to show a modest easing of inflation to 2.6% in May, following a 2.7% reading in April.
H&M shares drop 13% after CEO casts doubt on June sales, margin target
June 27, 2024 | 4:04pmThe retailer cast doubt on its ability to reach its full-year margin target and predicted lackluster June sales.
Supreme Court strips SEC's use of in-house judges in major blow to Wall Street regulator
June 27, 2024 | 1:03pmThe justices ruled in a 6-3 vote that people accused of fraud by the SEC, which regulates securities markets, have the right to a jury trial in federal court.
This stock index – which you maybe never heard of – is nearly as vibrant as tech
June 23, 2024 | 4:47pmWith AI hype dominating the stock market, you can probably guess – and guess correctly – that this year’s top-performing global stock sector is tech. But which sector has come...
Roaring Kitty may have liquidated his sizable stake in GameStop amid trading frenzy
June 13, 2024 | 10:41amKeith Gill, the meme stock trend-setter known as Roaring Kitty, may have sold off his recently-disclosed options in GameStop amid a surge in trading, market experts speculated. Gill -- who...
GameStop shares continue to plunge as frenzy over Roaring Kitty's return fizzles
June 10, 2024 | 3:53pmKeith Gill, known as "Roaring Kitty," held his first livestream in three years on Friday, when shares tumbled 40%.
Top economist predicts 'crash of a lifetime' worse than 2008 recession
June 10, 2024 | 11:07amHarry Dent, the outspoken financial author and economist, isn’t reversing course from his bold "crash of a lifetime" declaration this past December. Speaking in an updated interview with Fox News...
'Roaring Kitty' YouTube livestream fails to lift GameStop stock as shares tank by 40%
June 7, 2024 | 2:23pmShares of GameStop were down by more than 40% as of 1:15 p.m. Eastern time despite the highly anticipated reappearance by "Roaring Kitty."
AI chipmaker Nvidia surpasses Apple as second-most valuable company in the world
June 5, 2024 | 3:47pmThe latest rally in Nvidia comes as it prepares to split its stock ten-for-one, a move that could increase its appeal to individual investors.
Citadel Securities, BlackRock back Texas Stock Exchange in challenge to NYSE, Nasdaq
June 5, 2024 | 1:50pmBlackRock and Citadel Securities are among the financial heavyweights that are backing the creation of the Texas Stock Exchange.
New York Stock Exchange glitch causes Warren Buffett's Berkshire Hathaway stock to plummet 99%
June 3, 2024 | 11:49amTrading of shares of Warren Buffett's firm was halted after the stock exchange's display showed that it was down by nearly 100%.
E*Trade reportedly weighs ban on 'Roaring Kitty' after meme trader reveals $116M GameStop bet
June 3, 2024 | 9:12am"Roaring Kitty," whose legal name is Keith Gill, took to Reddit and authored a post from his official account for the first time in three years.
Dow slides over 400 points as interest-rate worries keep jittery investors on edge
May 29, 2024 | 12:04pmConflicting expectations on the size and timing of interest rates have kept the market on edge since the start of this year.
AI darling Nvidia's market value surges closer to Apple
May 28, 2024 | 4:43pmNvidia's shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle...
I'm Wall Street's best dressed man — here's how I use fashion to help me navigate a stressful high-stakes job
May 28, 2024 | 1:01pmGlobally-known tech analyst Dan Ives has become a fashion legend. He's stopped all around the world, recognized for his financial know-how — as well as his eye-popping fashion.
Locked out of the US housing market? Here’s how to win ‘revenge’ in the meantime
May 26, 2024 | 1:19pmHacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and the fierce bidding wars that are now required to find a decent place to live? ...
Dow plunges over 600 points as Wall Street worries rates will stay high
May 23, 2024 | 3:12pmThe Dow had its worst day of 2024. The weakness was widespread and overshadowed another blowout profit report from market heavyweight Nvidia.