Tesla Inc. As the U.S. prepares to join the major leagues of equities on Monday, the relatively regular move became unprecedented by the sharp size of the Silicon Valley electric-car manufacturer’s market valuation. Tesla TSLA, + 3.01% The S&P 500 Index is by far the largest company to add to …
Read More »Tencent doubles stack in Universal Music, Home to Billy il Lish and Beatles
Tencent Holdings Ltd. TCEHY -0.50% The music giant is doubling its stake behind Ariana Grande and Billy Elish. The Chinese internet company said on Friday that it was leading a consortium that had agreed to buy an additional 10% stake in Universal Music Group from Vivendi VVHYV. 1.93% SE, the …
Read More »Stock futures sink as stimulus negotiations continue
U.S. Stock futures are torn between gains and losses as investors monitor whether the Covidavirus infection and deteriorating economic data will force those looking to cement a coronavirus aid package. Futures linked to the S&P 500 rose 0.1%, indicating that the benchmark stocks gauge will remain relatively unchanged after another …
Read More »U.S. Stokes rises to records on excitement bets
American stocks rose to record levels on Thursday as lawmakers closed deals to extend a new financial lifeline for businesses and individuals who could support the economy through the most devastating phase of the coronavirus epidemic. In early trading all three major stock benchmarks hit hit highs intraday. The Dow …
Read More »S.E.C. Robinhood Financial will have to pay M65 million to settle the probe
Robinhood and other retail brokerage firms generate revenue by way of high-volume merchants at the behest of customers. Photo: Andrew Herrer / Bloomberg News December 17, 2020 at 9:17 a.m. ET WASHINGTON – Robinhood Financial LLC has agreed to pay ula 65 million to end regulatory claims that it has …
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