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3 mins read
Reddit users are questioning if it's really Keith Gill behind the memes that sparked the latest GameStop rally
Questions about who is behind the @TheRoaringKitty X account were sparked by a tweet on Monday that…
Matthew Fox
2 mins read
US bank stocks surge after Fed clears way for up to $11 billion of buybacks
The Fed said Friday that banks can resume buybacks in 2021 so long as they don't exceed the average…
Ben Winck
2 mins read
Morgan Stanley is on track to resume stock buybacks and raise its dividend in 2021, CEO says
Morgan Stanley now holds between $6 billion and $10 billion in "excess capital" that should be retu…
Ben Winck
2 mins read
Stocks now in 'the painful stage' before a more balanced bull market emerges, Morgan Stanley chief US equity strategist says
Tech stocks' decline is ultimately "a healthy development for the bull market," as it drives invest…
Ben Winck
2 mins read
Former Citigroup CEO touts Morgan Stanley, Charles Schwab as 'really very good buys' for a financial-sector rebound
The financial sector "is in very good shape," Sandy Weill said, praising the two firms for their "b…
Ben Winck
2 mins read
Morgan Stanley fined $5 million by the SEC over trading fees
The bank's sold clients a "wrap fee" that was meant to cover all services, but managers allegedly m…
Ben Winck
3 mins read
Global markets roiled by shock rise in US inflation; gold touches 5-month highs as investors seek havens
Global markets wobbled after data showed US inflation is running at its hottest since 1990, sending…
Amanda Cooper
4 mins read
Russia is landing new buyers for its sanctioned diesel all over the world and Brazil's taking advantage of the steep discounts.
Insider's Phil Rosen interviews top oil analyst Matt Smith of commodities analytics firm, Kpler.
Phil Rosen
3 mins read
A top oil analyst explains Europe’s new fuel sanctions on Russia and how that impacts global energy markets
Insider's Phil Rosen sits down with Matt Smith, lead oil analyst at Kpler, ahead of the new EU ban …
Phil Rosen
4 mins read
Warren Buffett shelled out $6.5 billion to help Mars buy Wrigley during the financial crisis. Here's how he made the candy deal happen.
Buffett partly financed the takeover by purchasing $2.1 billion of Wrigley's preferred stock, and $…
Theron Mohamed
1 min read
Morgan Stanley double-upgrades Biogen and says the stock can surge another 30%
"While BIIB remains a high-risk/ high-reward stock, we think now is the right time to take the risk…
Carmen Reinicke
4 mins read
America is facing a dramatic diesel shortage that could get even worse
A top oil analyst broke down the worsening fuel shortage in the US and how markets could respond in…
Phil Rosen
2 mins read
Morgan Stanley doubles down on forecast for a V-shaped economic recovery by 4th quarter
Even if a second wave of virus cases emerges, Morgan Stanley sees "selective lockdowns" keeping the…
Ben Winck
13 mins read
Regulators open probes, Warren Buffett dumps stock as claims of abuse and fraud mount against a top Globe Life agency
After an Insider investigation, three more women have come forward claiming sexual assault or coerc…
Susan Antilla
1 min read
A video game company made a bot the CEO, and its stock climbed
Even before AI chatbot ChatGPT was released, NetDragon Websoft said it had made an "AI-powered virt…
Grace Kay
1 min read
Domestic mutual funds, retail investors now bigger equity holders than FPIs: MS
The combined holdings of domestic mutual funds and direct households in stocks have risen over 720 …