Robinhood’s revenue fell more than expected at year’s start
NEW YORK (AP) — Growth slammed into reverse at the start of this year for Robinhood Markets, whose trading app…
2022
Robinhood Shares Fall After Company Posts Decline In Revenue
(Reuters) – Robinhood Markets Inc, the brokerage at the center of last year’s retail trading frenzy, posted a 43% fall…
Elliott Calls For Suncor Strategic Review, Board Changes
By Svea Herbst-Bayliss (Reuters) -Activist investment firm Elliott Management is pushing Canada’s Suncor Energy Inc to add new board directors,…
Caterpillar Sees China Excavator Demand Falling Below Pre-pandemic Levels
By Abhijith Ganapavaram and Aishwarya Nair (Reuters) – Caterpillar Inc on Thursday warned that demand for excavators in China, one…
Russian Tycoon Tinkov Sells Stake In TCS Group To Billionaire Potanin
LONDON (Reuters) – Russian businessman Oleg Tinkov, who last week criticized Russia’s war in Ukraine, has sold his 35% stake…
Global Shares Rise As Earnings Boost, U.S. Dollar Hits 20-year High
By Chris Prentice and Tom Wilson WASHINGTON/LONDON (Reuters) -The U.S. dollar touched its highest level since 2002 on Thursday, as…
Long-term US mortgage rates edge down this week to 5.1%
WASHINGTON (AP) — The average long-term U.S. mortgage rate edged down for the first time in two months following a…
Earnings Review- Start Creating Your Stock Shopping List
We enter the heart of Q1 earnings season with the VIX trading above 30. The combination of headline noise with…
Saint-Gobain Posts Record Sales In Quarter, Flags Rising Costs
(Reuters) – French construction materials group Saint-Gobain on Thursday posted record first-quarter sales but flagged the higher impact of energy…
U.S. Regulator Sues Brazilian Miner Vale Over ‘false And Misleading’ Dam Claims
By Chris Prentice WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale SA for…