Ford unveiled its new all-electric Transit van on Nov. 12, 2020. Ford With President Biden dedicated to pushing electric vehicles as part of both his climate and trade policies, coupled with hot financial markets ready to finance nearly anything green, pressure is building on automakers to go beyond nibbling at […]
CNBC News
10 Super Bowl spots from advertisers that don’t exist anymore
The Pets.com sock puppet dog stars in a commercial for the company, Jan. 11, 2000, in Los Angeles. Bob Riha | Liaison | Getty Images When a brand shells out big bucks to advertise on the most-watched event of the year, it usually hopes it’s investing for the long haul. […]
Chamath Palihapitiya-backed Clover Health gets notice of SEC investigation
Chamath Palihapitiya Olivia Michael | CNBC Chamath Palihapitiya-backed Clover Health Investments said Friday it received a notice of investigation from the Securities and Exchange Commission and that it intends to cooperate. Clover, however, pushed back against a critical report from short-selling specialist Hindenburg Research, saying some claims in the report […]
Powerful corporate profits and forecasts of more to come have investors cheering
Traders work on the floor of the New York Stock Exchange. NYSE Blowout earnings are forcing analysts to up estimates for 2021. With a little more than half of companies reporting, earnings are proving to be a pleasant surprise for the trading community. The GameStop/Robinhood fiasco is turning out to […]
GameStop mania may not have been the retail trader rebellion it was perceived to be, data shows
The GameStop Corp. logo on a smartphone Tiffany Hagler-Geard | Bloomberg | Getty Images A look at a list of the 10 most-purchased stocks by retail traders during the market mania last month is missing one key stock: GameStop. AMC Entertainment and Plug Power, two names caught up in the […]
GameStop shares climb 15% in the premarket after Robinhood lifts trading restrictions
The GameStop Corp. logo on a laptop computer and Robinhood application on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of video game retailer GameStop climbed more than 15% on Friday morning after Robinhood removed trading restrictions on the company’s stock. GameStop’s stock rose from $53 per share […]
Senate approves budget resolution as Democrats rush to pass Covid relief bill
U.S. Senate Democratic leader Chuck Schumer speaks to reporters in the U.S. Capitol in Washington, DC. Kevin Lamarque | Reuters The Senate passed a budget resolution, moving forward with the process toward passing a $1.9 trillion coronavirus relief bill after a marathon of votes on dozens of amendments. The House […]
Robinhood lifts trading restrictions on GameStop and all other stocks
The Robinhood investment app is see on a smartphone in this photo illustration on June 24, 2020 in Washington,DC. Jim Watson | AFP | Getty Images Stock trading app Robinhood removed temporary trading restrictions on all stocks including GameStop and AMC Entertainment Holdings after a tumultuous week for markets. The […]
Stock futures inch higher as major averages try to finish best week since November
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were higher in early morning trading on Friday, following a four-day winning streak on Wall Street as investors awaited a closely-watched January jobs report. Futures on the Dow Jones Industrial Average rose just 58 points. S&P […]
Stock futures rise as major averages try to finish best week since November
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were higher in early morning trading on Friday, following a four-day winning streak on Wall Street as investors awaited a closely-watched January jobs report. Futures on the Dow Jones Industrial Average rose just 93 points. S&P […]