Product that tells our story
By allowing users to “copy trade” — that is, follow the successful financial moves of someone like Warren Buffett or Nancy Pelosi —Dub is betting that the future of finance will fuse social media with investing. The company, started in 2021 by then 19-year-old Steven Wang, launched as the only regulated copy-trading platform in the […]
FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016. Mike Blake | Reuters UnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs, and […]
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters The long-running U.S. shortage of Novo Nordisk‘s blockbuster weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years, the U.S. Food and Drug Administration said Friday. The FDA’s decision will threaten the […]
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy missed on revenue and gross merchandise sales for the fourth quarter, with the company citing “significant headwinds,” including a pullback in consumer spending. The stock closed down 10% on Wednesday. Here’s […]
Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images On the eve of MicroStrategy‘s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at […]
Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant. Patrick Pleul | Picture Alliance | Getty Images Tesla on Friday reversed losses from earlier in the day to turn higher, as the electric vehicle maker’s shares looked to wrap up a volatile week of trading. Shares were up 0.7% […]
President Biden has declared his support for banning sitting members of Congress from trading stock — an eleventh-hour pivot after four years of silence over the controversy. “Nobody in the Congress should be able to make money in the stock market while they’re in the Congress,” Biden told the “More Perfect Union” podcast. “I don’t […]
Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the “low liquidity and trading volumes” of its shares on the exchange. Mike Kemp | In Pictures | Getty Images Just Eat Takeaway will delist from the London Stock Exchange next month, in a blow to the U.K.’s ambitions […]
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines shares surged Friday after the struggling budget carrier said it would cut jobs and sell aircraft. The stock closed the day 16% higher, at $2.79 per share. The […]
Shares of Spotify plunged 13% in after-hours trading Wednesday after the streamer reported fourth-quarter earnings. The numbers mostly beat expectations, but projections for user growth in Q1 were barely in line with analysts’ projections. There was also a broader selloff in tech shares after the bell, after Facebook (Meta) reported disappointing earnings. Here are the […]
