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2 mins read
AMTD Digital falls 79% as trading volume wanes after a massive surge briefly valued the Chinese tech firm at over $400 billion
AMTD Digital's market value stands at $187 billion, making it still worth more than well-known comp…
Matthew Fox
2 mins read
TD Ameritrade posted record retail trading activity and account growth during 2nd-quarter frenzy
Daily average revenue trades reached a record 3.4 million, more than four times their year-ago leve…
Ben Winck
2 mins read
Shares of a Chinese tech firm are up more than 32,000% since its July IPO - and even the company has no idea why
AMTD Digital trades on the New York Stock Exchange and priced its IPO at $7.80 a share. On Tuesday,…
Matthew Fox
1 min read
Another little-known Chinese stock is soaring with a one-day price gain of more than 5,000% in its IPO debut
Magic Empire's market valuation topped $4.7 billion at its peak on Friday even though the the compa…
Matthew Fox
1 min read
A Chinese stock is skyrocketing 3,100% in its debut on US markets, following a trend of little-known stocks from China that soar in an IPO
The provider of digital education materials in China priced its IPO at $5 per share late Thursday, …
Phil Rosen
4 mins read
Here's how inflation and slowing demand make for a nightmare economy for the Fed.
The biggest story in markets today is the global recession warnings from top economists. This, plus…
Phil Rosen
2 mins read
US stocks fall after Nancy Pelosi's visit to Taiwan raises tensions with China
Pelosi's trip to Taiwan dragged both US and Taiwan stock markets lower on Tuesday, as the market co…
Matthew Fox
5 mins read
A 24-year-old stock trader who made over $8 million in 2 years shares the 4 indicators he uses as his guides to buy and sell
He sticks to these four indicators regardless of his strategy. His versatile approach has allowed h…
Laila Maidan
2 mins read
'Big Short' investor Michael Burry expects months of pain for markets and the economy - and cautions the Fed against cutting rates too hastily
Burry painted a bleak outlook for the rest of the year, and warned the mindless speculation in mark…
Theron Mohamed
4 mins read
Charles Schwab execs laid out how ultra-competitive the brokerage industry is, and why the firm is making aggressive cash offers it thinks are 'distasteful'
"I think it's based on your data that you guys used to present," the analyst replied, to which Bett…
Rebecca Ungarino
1 min read
JPMorgan wipes out $5.5 billion in market cap of online brokers after saying it's giving users free trades
The selling has wiped out $5.5 billion in market cap of the biggest online brokers with Charles Sch…
Jonathan Garber
3 mins read
Online brokerage giant TD Ameritrade is gearing up for bitcoin futures
Cboe announced Monday its futures market would be ready to go live Sunday at 5 p.m. CT. It will all…
Frank Chaparro
2 mins read
Here are Wall Street's winners and losers from the market carnage
Retail brokerages TD Ameritrade (AMTD), E*Trade (ETFC), and Charles Schwab (SCHW) were all winners …
Portia Crowe
2 mins read
What Are Traders Talking About Right Now? Russia, Oil, Earnings...
Good Morning! US Futures are breaking higher, with Russell, NDX and S&P all adding 50bp early. …
Myles Udland
5 mins read
TD Ameritrade is buying Scottrade for $4 billion
"Since founding Scottrade in 1980, our mission has been to lower the cost of investing and trading …
Portia Crowe
2 mins read
Here's What Three Big Asset Managers Are Saying About The 'Great Rotation'
2. Volumes are diversified, and not coming from Fixed Income – Indeed, TROW noted a broad based pic…