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A protégé of former junk bond king Michael Milken was sentenced on Monday to 3-1/2 years in prison for insider trading at a healthcare company he once led, over his use of a trading plan designed to protect executives against that crime. Terren Peizer, 65, the founder and former chief executive of Ontrak, was sentenced […]
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 22, 2025. Qilai Shen | Bloomberg | Getty Images Once a laggard in the online investing game, JPMorgan Chase now believes it is a leader. The […]
Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025. Annabelle Chih | Bloomberg | Getty Images Nvidia shares jumped in premarket trading on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 5.22% higher at 05:06 […]
Omar Marques | Sopa Images | Lightrocket | Getty Images Shares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its initial public offering. The stock opened at $69.69, or 34% above its IPO, pushing its market cap to $5.6 billion. Shares were last up […]
U.S. President Donald Trump’s advisor Elon Musk reacts on the day of a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin, on March 30, 2025. Vincent Alban | Reuters Technology stocks teetered in volatile trading Monday as President Donald Trump stood by his sweeping […]
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 […]
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 […]
ServiceTitan shares popped 42% in their Nasdaq debut on Thursday after the provider of cloud software to contractors raised around $625 million in its initial public offering. The company, trading under ticker symbol TTAN, sold shares at $71 apiece on Wednesday, above the expected range. The stock opened at $101. Based on its IPO price, […]
