CEO defends Robinhood at House committee hearing over GameStop saga
The House Financial Services Committee is holding a hearing Thursday following January’s GameStop saga during which shares soared 1,600% before falling back to Earth.
Family of 20-year-old California investor who died thinking he lost over $730,000 sue Robinhood
The parents of Alex Kearns, 20, say he thought he had lost $730,000 when he took his own life. They are now suing Robinhood Financial, claiming the popular stock-trading platform’s business practices "directly" led to their son’s death.
College student uses GameStop stock earnings to donate Nintendo Switches, games to children’s hospital
A college student donated Nintendo Switches and games to Children’s Minnesota Hospital after making money from his GameStop stocks.
Some Redditors call #silversqueeze campaign a 'trap,' claim hedge funds behind surge
The rush into silver futures Monday created confusion amid Wall Street chaos, with some retail traders on Reddit calling the surge in commodity prices a “false flag.”
10-year-old who used Kwanzaa money to invest in GameStop makes thousands
A 10-year-old San Antonio boy made a killing by selling GameStop stock he was gifted more than a year ago.
Robinhood tells customers it will allow ‘limited buys’ amid GameStop, AMC trading frenzy
Robinhood, the online trading platform at the center of a speculative frenzy involving shares of GameStop, AMC and other flailing companies, told its customers Thursday that it would be allowing “limited buys” of these companies starting Friday.
Class-action lawsuit to be filed against Robinhood following stock trading restriction furor
Plaintiffs in the class-action lawsuit accuse officials with the stock trading app Robinhood of essentially violating its Terms of Services by limiting stock trading on GameStop.
'Trying to get me killed': Ocasio-Cortez destroys Cruz's attempt at common ground
AOC isn't having any of Cruz's purported bipartisanship over the GameStop stock battle because the GOP isn't being held accountable for the Capitol riot.
GameStop stock frenzy: Robinhood, others limit trading, sparking lawsuit and Senate panel hearing
Robinhood and other online trading platforms moved to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.
GameStop stock price frenzy: What to know
Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.
GameStop stocks soar as Reddit users increase value by hundreds
Because of the Reddit group banding together, GameStop stocks have grown from just $18 a few weeks ago to now a high of $380.
Wall Street stocks rally to records on Inauguration Day 2021
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
Dow, S&P 500 wrap 2020 with records, Tesla crosses $700 level
U.S. stocks wrapped a wild 2020 with a basket of records.
DoorDash delivers 86% gain in stock market debut
What’s not yet clear is whether DoorDash can keep the momentum going even if delivery demand eases in a post-pandemic world.
Dow crests 30,000 points on vaccine hopes, Biden transition
The Dow Jones Industrial Average traded above 30,000 points for the first time on Nov. 24 as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin.
Stock market comeback on pause amid coronavirus surge
The numbers underscore how the coronavirus pandemic is worsening and threatening to drag the economy lower, at least in the near term.
Wall Street rallies again as stocks ride post-2020 election wave
Markets are banking on Tuesday's election leading to split control of Congress, which could mean low tax rates, lighter regulation on businesses and other policies that investors like remain the status quo.
Stocks shake off 2020 election night wobbles to rally
Much of Wednesday's strength for Wall Street was due to big gains for technology stocks. Investors have increasingly seen these stocks as some of the safer bets in the market, able to grow their profits even in a pandemic as more of daily life shifts online.
US economy grew at 33% rate in 3rd quarter but recovery is incomplete
The U.S. economy grew at a 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring.
Trump halts COVID-19 stimulus talks until after election
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.