President Joe Biden's administration reportedly demanded that TikTok’s Chinese owners divest their stake in the popular application, failing which it would face a ban in the United States.
Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) gapped up 3.4% higher on Wednesday, where the ETF ran into a group of sellers who knocked it down over 4% from the open.
A SPAC merger to bring Donald Trump’s media company and social media platform public has faced delays and setbacks and remains up in the air getting approval.
A new report highlighted an investigation into the target company over money laundering.
The regional banking sector has come under intense scrutiny from investors in the wake of the recent collapse of Silicon Valley Bank and Signature Bank.
However, there are opportunities emerging for savvy investors who are willing to take on some risk.
Recent economic indicators in the United States point to an increased risk of a recession, encouraging many traders to anticipate a more rapid Federal Reserve policy shift.
Shares of Photoshop and Acrobat Reader developer Adobe Inc (NASDAQ: ADBE) are trading half-a-point lower ahead of its earnings Wednesday, which are expected to be issued after the closing bell.
Here’s what investors need to know.
Sunrun Inc. (NASDAQ: RUN) has recently come under investor scrutiny for its ties to Silicon Valley Bank, which was taken over by regulators amid a collapse last week.
Pessimistic observers have labeled the company a “cash-incinerating science project.”
Silicon Valley Bank (NASDAQ: SIVB), one of the leading banks for startups and tech companies, recently experienced a massive bank run when panicked investors tried to withdraw their money en masse.
Lennar Corp (NYSE: LEN) shares are on the rise as the homebuilder's earnings outperformed expectations on both revenue and earnings per share. While this may be one factor driving the stock price, another catalyst could be the uptick in a separate homebuilder confidence indicator.