Markets

Markets
Salesforce’s Addition To Dow Spotlights Connected Economy Impact
August 25, 2020

Out with the Exxon. In with the ecosystem. That’s what’s going on with the Dow Jones Industrial Average, which has announced plans to swap out three stocks, including replacing Exxon Mobil Corp. with Salesforce.com. Get the Full Story Complete the form to unlock this article...

Markets
Can Kodak’s (New) Moment Last?
July 29, 2020

With a share price soaring hundreds of percentage points (so far) this week alone, Eastman Kodak is having a moment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Markets
SoFi User Base Triples Since January
July 15, 2020

SoFi’s daily trading volumes have surged as of the beginning of this year, while its user base has dramatically risen, SoFi CEO Anthony Noto said in a televised interview. The report comes as a number of big banks have also reported trading volumes are up...

Markets
‘Down’ Rounds And Investor Caution — Blip Or Trend?
July 07, 2020

The stock market swings can be confusing.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Markets
Robinhood Faces Another Service Interruption Due To Technical Issue
June 18, 2020

In the latest of a string of outages as of the beginning of March, Robinhood Markets Inc. said it has fixed a challenge that led to a “major outage” on its platform Thursday (June 18). The financial technology company is regarded for helping to make trading...

Markets
Lemonade, Vroom And Shift4 Payments IPOs Show Wall Street Is Embracing The Digital Leap
June 09, 2020

It would have been inconceivable just a few weeks ago to think that U.S. stocks would rebound the way they have, with the S&P 500 up more than 40 percent as of this writing since its March 23 closing low. Likewise, you wouldn’t think tech upstarts...

Markets
Disney Stock Downgrade Could Be The Beginning of Unmagical Times
May 04, 2020

Walt Disney Co. shares fell more than 2 percent on Monday (May 4) after MoffettNathanson cut the stock’s rating to “neutral” from a previous “buy” and reduced its price target $8 to $112 ahead of Tuesday’s planned earnings report. The firm also cut its fiscal...

Markets
Pinterest Shares Rise As Q1 Beats Analysts Predictions
April 08, 2020

Pinterest, the web-based visual discovery platform, saw its shares rally late Tuesday (April 7) after the company released guidance that beat analysts’ pre-coronavirus expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Markets
Robinhood Apologizes To Users For Outages, Offers Credit
March 24, 2020

Trading startup Robinhood has apologized to its members for outages that occurred earlier in March during a historic market rally, according to a report by CNBC.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...