Robinhood to continue trading limits on Monday, customers can still only buy one GameStop share
The millennial-favored stock trading app has cut down its list of restricted stocks from as many as 50 on Friday to eight starting Monday.
World of Businesses, Finnace, Fintech, and Economy
The millennial-favored stock trading app has cut down its list of restricted stocks from as many as 50 on Friday to eight starting Monday.
U.S. stock index futures declined in overnight trading on Sunday.
Beijing eyes Rmb-denominated markets that seek to challenge dollar’s dominance
The CEOs of Chevron and ExxonMobil last year discussed the possibility of merging the two companies, The Wall Street Journal reported Sunday.
PNC Financial’s Amanda Agati sees stimulus checks among the reasons for the market’s giant short squeezes.
Venezuela’s state-run oil company PDVSA has begun marketing about 570,000 barrels of Corocoro medium crude recently offloaded from a floating
Iranian oil exports are climbing in January after a boost in the fourth quarter despite U.S. sanctions, Reuters reported based
U.S. oil output rose 692,000 barrels per day (bpd) in November last year to 11.124 million bpd, the first time
The proposed deal is expected to value Zydus Animal Health and Investments (Zydus AHL) at Rs 2,500 crore, or about $350 million, they said. Non-binding …
Rajnish Kumar, who comes with a rich experience of 40 years, is expected to advise the Baring team on scouting portfolio investments and likely opportunities, …
The Reserve Bank of India (RBI) is supposed to maintain consumer inflation at 4%, with a 200 basis points tolerance either side. The mandate expires …
Policymakers must also foster a pro-business climate to attract new flotations
The outlook for gold is bright despite the vaccination drive. Due to the sharp economic downturn, central governments across the world have been continuously pumping …
The market was obsessed with new risks posed by Gamestop shorts, Robinhood and Reddit, but Fed chair Powell was talking up a classic stock crasher: …
Firm hit with $4.5bn fall in assets after soured bets against the likes of GameStop
Hedge fund Melvin Capital Management lost 53% in January amid a record rally in GameStop, according to The Wall Street Journal.