A 'Flash Crash' Flashback
Two years after the 2010 "flash crash," are markets and regulators better prepared? WSJ’s Bradley Hope joins the News Hub.
Advertisement
Recommended Stories
Traders who scooped up Warren Buffett’s Berkshire Hathaway shares at a massive $620,000 discount during glitch will have their deals canceled by the NYSE
In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603,718.30 a share.
Fortune•Are You Richer Than Your Peers? The Net Worth Needed To Be In The Top 10% Of Your Age
While the ultrawealthy 1% often dominates financial headlines, the real question for most Americans is whether their net worth is comparable to that of their peers. Understanding what it takes to be in the top 10% at your age can provide valuable insight into your financial standing and reveal the milestones for success at different stages of life. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Are you rich? Here’s what Americans think you
Benzinga•‘He’s an egomaniac’: My husband said he’ll flush his $1.5 million IRA ‘down the toilet’ rather than split it with me in our divorce. What can I do?
“He has promised to put me through hell.”
MarketWatch•Nvidia's Stock Split Happens on June 7. Here's What to Expect.
These are exciting times for Nvidia and its shareholders.
Motley Fool•Dave Ramsey Tells Caller To 'Sell Everything' After $26,000 Tractor Purchase Puts 61-Year-Old In 'Emergency Mode'
Financial guru Dave Ramsey recently gave critical advice to Teresa, a 61-year-old woman from Arkansas facing severe economic challenges. Teresa, whose call was featured on The Ramsey Show earns $67,000 annually and has about $69,000 in debt, including student and personal loans, one of which she used to purchase a $26,000 tractor. Ramsey did not hold back when he told her, "Broke people don't have $26,000 tractors." He emphasized that Teresa's reluctance to sell the tractor, even at a loss, keep
Benzinga•Roaring Kitty's GameStop options up millions, but cashing in may be tricky
NEW YORK (Reuters) - "Roaring Kitty" Keith Gill, the stock influencer behind the 2021 meme stock frenzy, may be sitting on a paper profit of tens of millions of dollars on his position in GameStop options, but reaping those gains might not be easy. GameStop soared 21% on Monday after Gill’s Reddit account posted a screenshot showing a $116 million bet on the embattled video game retailer. The post, the first from the account in three years, also showed a position of 120,000 GameStop June 21 call options at a strike price of $20, worth $65.7 million at Friday's close.
Reuters•Markets Are Unhappy With Sheinbaum’s Landslide Win in Mexico. Here’s Why.
Mexican stocks sank and the peso slid on concern that the president-elect could seek to make changes to the constitution or pursue other policies that could rattle investors.
Barrons.com•1 Ridiculously Undervalued Growth Stock Down 86% You'll Regret Not Buying on the Dip
As the broader stock market continues rising, finding bargain growth stocks is becoming harder.
Motley Fool•U.S. job openings drop in April, as labor market cools
(Reuters) -U.S. job openings fell more than expected in April to the lowest in more than three years, a sign that labor market conditions are softening in a manner that could help the Federal Reserve's fight against inflation. Job openings, a measure of labor demand, were down 296,000 to 8.059 million on the last day of April, the lowest level since February 2021, the Labor Department's Bureau of Labor Statistics said on Tuesday in its Job Openings and Labor Turnover Survey, or JOLTS report. Fed Chair Jerome Powell has often cited this ratio, which peaked near two job openings for every unemployed person, as a measure of labor market slack.
Reuters•Here's How Much Just $100 In Bitcoin Will Be Worth If Cathie Wood's BTC Prediction Is Correct
Founded in 2014, ARK Invest has rapidly become one of the largest asset management firms globally. Led by Cathie Wood, the company offers a variety of investment products and services, focusing heavily on innovation and technology. In early 2024, the firm partnered with 21Shares to launch a spot Bitcoin ETF (ARKB). The ETF and several others have been largely successful, attracting over $3.2 billion in AUM. Following the ETF's launch, Cathie Wood has received significant attention for her predic
Benzinga•