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SEC Accuses AT&T of Selectively Sharing Investment Info With Analysts
The SEC accused AT&T of violating the Fair Disclosure Regulation.
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Despite Rising Inflation, Experts Say the Fed Won't Budge on Rates
The U.S. Federal Reserve won’t step in to temper rising inflation any time soon, market watchers have said, despite surging yields that have roiled global stock markets.
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Here's Why Inflation Is Kryptonite for Bonds as Powell's Comments Rock Markets
The bond market cringed Thursday when Federal Reserve Chairman Jerome Powell expressed little worry about inflation.
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Dorsey's Square Is Acquiring a Majority Stake in Jay-Z's Streaming Music Company Tidal
The deal is expected to be a mix of cash and stock of $297 million.
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Rocket Mortgage Founder Dan Gilbert Made $30 Billion on Paper After Stock's Surge
The spike in Rocket Companies’ stock price created a massive one-day gain for the company’s largest shareholder.
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Square Closes Up Nearly 5% After Jack Dorsey's Company Launches Its Own Bank
Square’s new bank will offer FDIC-insured deposit accounts and loans to small businesses that have historically used the company for payment processing.
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Guggenheim's Minerd Says Don't Count on Rising Yields, Believes U.S. Could Even See Negative Rates
Scott Minerd told “The Exchange” that the 10-year U.S. Treasury yield could turn negative in the next 18 months.
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Goldman Says Investors Shouldn't Worry About Interest Rates at These Levels
Rising interest rates that shook investors are well short of anything that poses a broader threat to the market, according to Goldman.
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‘There Is No Alternative' — Stocks' Long-Running ‘TINA' Advantage Could Be Ending, Worrying Traders
Some are wondering whether this is the end to the fabled “there is no alternative” to stocks notion.
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Airbnb Soars After Earnings as One Analyst Calls It ‘the Best Asset in Travel'
Airbnb’s stock rose on Friday following reports highlighting that the company is well positioned to capitalize on the expected recovery in the travel industry.
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Robinhood Offers Blistering Retort to ‘Elitist' Criticisms From Munger
Robinhood has fired back at Charlie Munger, who earlier this week said the free trading app was having a “regrettable” impact.
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Wall Street Clearing Firm Proposes 1-Day Trade Settlement After Robinhood Controversy
A spotlight appeared on the two-day settlement standard following the epic short squeeze in GameStop stock earlier this year.
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Tesla's Share Price Is Now Directly Tied to the Value of Bitcoin, Analyst Says
Tesla’s stock is now directly linked to the price of bitcoin after Elon Musk’s firm invested $1.5 billion into the cryptocurrency, according to an analyst.
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Square Buys $170 Million Worth of Bitcoin
The company said it bought approximately 3,318 bitcoins, expanding on its October 2020 purchase of 4,709.
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Workhorse Group Drops Nearly 50% After EV Company Is Passed Over for USPS Contract
Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service.
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Nasdaq Closes 2.5% Lower as Big Tech Gets Hit, Economic Comeback Plays Lift Dow
Some equity investors are concerned about rapidly rising bond yields in recent weeks.
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Ex-TD Ameritrade CEO Says It's Never Been Easier for Retail Investors to Compete With Wall Street Pros
“The playing field between the retail and the institutional investor is more level than I’ve ever seen it,” said former TD Ameritrade CEO Fred Tomczyk.
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‘Roaring Kitty' Keith Gill Defends GameStop Posts, Says He Is as Bullish as Ever on the Stock
Keith Gill — who goes by DeepF——Value on Reddit and Roaring Kitty on YouTube — helped inspire the epic short squeeze in GameStop.
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How the Texas Power Grid Failed and What Could Stop It From Happening Again
Millions were left without power in Texas as a historic storm crippled the state’s electric grid. Looking forward, experts outline some steps that can be taken.
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Interactive Brokers Chair Says Financial System Came ‘Dangerously Close' to Failure During GameStop Mania
“There’s a hole in the system that we immediately have to stop,” Interactive Brokers chairman Thomas Peterffy told CNBC.