A multi-billion dollar investment by Japan’s SoftBank Group Corp. in stock options tied to individual technology companies helped the sector, and the rest of the market with it, seemingly defy the laws of financial gravity over the summer, The Wall Street Journal reported Friday (Sept....
German tech incubator Rocket Internet, which had vowed to take on Silicon Valley, is now moving ahead with plans to go private after watching the value of shares steadily dwindle, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
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...
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....
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...
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...
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...
