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...
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...
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...
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 —...
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...
There are bad days on the market — and in the wake of COVID-19, the disease caused by the coronavirus, which has spent the last month gaining more and more global ground, there have been more than a few of those of late. Get the...
Finablr, which owns a number of currency-exchange businesses, including Travelex, is weighing its options after its stock took a hit due to association with health operator NMC Health, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...
U.S. stocks soared on Wednesday (March 4) on news of Joe Biden’s Super Tuesday results and a commitment by Congress to earmark $8 billion to fight the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
After its systems went down as the markets bounced back from the most unfavorable week as of the financial crisis in 2008, the Robinhood trading app vowed to offer compensation for users. The app was not up and running on Monday, as the Dow increased by...
