Social media giant Twitter suffered a stock price crash of more than 21 percent in intraday trading today following the release of the company’s Q3 report. The company reported its slowest growth in years as many companies also bought less advertising on the platform at the same time.
A recent internal probe of Robinhood trading app accounts discovered almost 2,000 customer accounts were compromised in a recent hacking spree.
Dow Jones Industrial Average futures fell over 400 points early Friday morning after President Donald Trump announced that he and First Lady Melania Trump had tested positive for the coronavirus.
The roller coaster of the pandemic economy saw the net worth of U.S. households soar to its highest level ever in the second quarter. That followed the largest-ever drop in the previous quarter due to the economic disruption of the
Joe Biden said Trump only cares about the stock market. Trump said the stock market is “not important compared to life and death.”
Apple has become the first U.S. company to boast a market value of $2 trillion in Wednesday’s early stock market trading.
President Donald Trump told Breitbart News exclusively in an Oval Office interview on Monday that if presumptive Democrat presidential nominee former Vice President Joe Biden somehow won the election, there would be “chaos in this country.”
President Donald Trump on Wednesday touted a V-shaped economic recovery despite the ongoing coronavirus pandemic in the United States.
Chinese state media claimed Tuesday that Chinese tech companies “spooked” by the Trump administration’s threats to “throw its weight around” are hurriedly making plans to bring their capital home.
The Dow had its best quarter since 1987.
LOS ANGELES (AP) — Fox News apologized Saturday for how it displayed a chart correlating the stock market’s performance with the aftermath of the deaths of George Floyd, Martin Luther King Jr., and Michael Brown.
The Hong Kong stock market was rocked by a massive sell-off on Friday after the Chinese Communist government in Beijing declared its intention to bypass the Hong Kong legislature and impose a draconian security law to shut down the protest movement. That single act effectively ended the island’s limited autonomy in the eyes of many residents and concerned international observers.
President Donald Trump on Monday voiced optimism about the testing results of the coronavirus vaccine from Moderna.
Former Vice President Joe Biden sounded class warfare themes in an economic speech streamed live on Twitter on Friday, accusing President Donald Trump of favoring “the wealthy” even before the coronavirus pandemic.
U.S. and foreign companies have asked for H-1B visas to import 275,000 foreign graduates for white-collar jobs, according to an April 1 statement from the U.S. Citizenship and Immigration Services agency.
Richard Burr, Dianne Feinstein, and Kelly Loeffler unloaded stock ahead of the coronavirus-related market collapse, said Peter Schweizer.
A recent analysis by the Wall Street Journal shows that top executives in the United States sold a total of roughly $9.2 billion worth of stock between the start of February and the end of last week, saving the executives a potential loss of $1.9 billion. Jeff Bezos sold three percent of his Amazon holdings, worth $3.4 billion, at the beginning of February.
Members of Congress should be required to place their investments into blind trusts to avoid conflicts of interest, insider trading, and other forms of corruption related to their appropriations of taxpayer funds, said Peter Schweizer.
President Trump called on CEOs not to buy back their company stock with federal bailout money, and almost right on cue, Joe Biden called for the same thing soon afterward.
“We absolutely believe in keeping the markets open,” he said. “Americans need to know that they have access to their money.”
“Well, it may be,” he said when asked by reporters whether he thought the economy was in a rescission. “We’re not thinking in terms of recession. We’re thinking in terms of the virus.”
“Woke” Scandinavian airline SAS may not survive without help, according to one analyst as coronavirus fears have led to its stock price crumbling this week.
Actor James Woods warned that the Democrat Party and CNN will continue to exploit the coronavirus pandemic to their own ends, but said that America and its economy will soon “roar back” under the direction of President Donald Trump.
During an interview aired on Monday’s broadcast of MSNBC’s “The Last Word,” 2020 Democratic presidential candidate former Vice President Joe Biden stated President Trump has “no competence” on handling the coronavirus and that the market is falling because people don’t
“Saudi Arabia and Russia are arguing over the price and flow of oil,” he wrote on Twitter. “That, and the Fake News, is the reason for the market drop!”
The Robinhood trading app crashed this week during a major U.S. trading day, preventing customers from making trades as stocks surged, an outage that lasted into Tuesday. Robinhood is blaming “stress on our infrastructure” and the “‘thundering herd’ effect” for the problems, which it vows to fix. The platform’s customers were not impressed.
Popular online brokerage platform Robinhood suffered an outage lasting an entire trading day which prevented customers from making trades as stocks surged Monday. The outage has continued into Tuesday’s trading hours with Robinhood not providing timing for its service to be reinstated.
Writer and economist Stephen Moore issued caution during Sunday’s “The Cats Roundtable” on New York AM 970 radio regarding the stock market’s hit amid the coronavirus outbreak.
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that President Trump really cares about how coronavirus impacts the stock market. Radio host Buck Sexton asked, “Do you think he wants zero deaths from this on U.S. soil?”
Nearly six in ten Americans, or 56 percent, say they are now better off than they were last year, up 50 percent from last year alone.
