In February, Robinhood Markets Inc. witnessed a substantial 36% surge in equity trading volumes compared to the previous month. This surge fueled a remarkable rise in the company’s stock during Wednesday’s after-hours trading session. Throughout February, the online trading platform experienced an impressive $80.9 billion in trading volumes, marking a...
Wednesday’s early trading saw U.S. stock futures hinting at another potential record high for the S&P 500, despite investors brushing off a slightly higher-than-anticipated inflation report. Here’s the latest on how stock-index futures are performing: On Tuesday, the Dow Jones Industrial Average climbed 235.83 points, or 0.61%, closing at 39,005.49....
Important Insights for the U.S. Trading Day Today’s focus centers on the release of the consumer price index by the Labor Department at 8:30 a.m. Eastern, amidst ongoing discussions about potential Fed rate adjustments. A thought-provoking perspective is emerging suggesting that illegal immigration could be playing a significant role in...
Do films about money provide genuine investing insights, or are they simply Hollywood fantasies? Hollywood occasionally casts finance as its leading role, depicting the highs and lows of stock markets, Wall Street shenanigans, and the colorful characters within. Movies like “The Wolf of Wall Street,” “Dumb Money,” and “The Big...
Major U.S. equity indexes appear to be on a consistent upward trajectory, but individual stocks within these indexes tell a different story. A report from Charles Schwab & Co. highlights the disparity between the relatively steady performance of overall equity indexes and the volatile behavior of their constituent stocks. Despite...
A Mizuho analyst is concerned about the strong momentum in chip stocks despite the lack of fresh catalysts. Nvidia Corp. shares have been climbing for six consecutive days, set to hit a sixth straight record high. Jordan Klein, an analyst at Mizuho Securities, finds this rapid rise worrying, especially as...
