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The market's Black Friday freakout about the new variant shows how a reactionary Wall Street rules American life and politics
When Wall Street talks, the public and the government listen. But when the market changes its mind,…
Ben Winck,Jason Lalljee
Zoom could soar another 57% as work-from-home will continue long after the pandemic era, says a senior stock analyst
D.A. Davidson's Rishi Jaluria told CNBC now is a great buying opportunity for Zoom. Shares dropped …
Emily Graffeo
Nasdaq falls nearly 2% as US stocks battered by Omicron volatility
The disappointing November jobs report added to the uncertainty as investors try to chart the path …
Isabelle Lee
Zoom tumbles 20% as Pfizer's vaccine success drags on work-from-home stocks
While encouraging vaccine trial data released by Pfizer lifted global stock indexes, firms that thr…
Ben Winck
Airline and cruise stocks rally as Pfizer drug progress spurs hope for travel-industry recovery
United Airlines surged as much as 27%, while Delta Air Lines and American Airlines climbed 23% and …
Ben Winck
Peloton erases losses and rallies 9% after signing a multiyear deal with Beyoncé
The company and Beyoncé said they would also give two-year subscriptions to students at 10 historic…
Ben Winck
Dow rockets 1,434 points to record high as Pfizer says COVID-19 vaccine shows stunning effectiveness
News about the COVID-19 vaccine developed by Pfizer and BioNTech sent stocks soaring as investors s…
Matthew Fox
Dow closes 835 points higher after hitting intraday record on Pfizer vaccine enthusiasm
Stocks closed sharply higher after hitting intraday records on positive vaccine data from Pfizer an…
Matthew Fox
Dow plummets 632 points as tech-sector carnage spoils another day
Crowded mega-caps including Apple, Microsoft, and Facebook tanked once again as investors shunned l…
Ben Winck
The S&P 500 will tumble up to 20% before the inauguration as investors have lost hope that COVID-19 would be controlled, an investment chief says
"If the S&P 500 breaks below 3,200 before the election, its next move may be down another 12% to 2,…
Emily Graffeo
US stocks tumble as sharp tech sell-off accelerates
Tanking tech giants have dragged on the broader market in recent sessions as investors reconcile lo…
Ben Winck
S&P 500 and Nasdaq close at fresh records as investors flock to work-from-home stocks
Tech, material, and consumer discretionary led the way higher for the S&P 500, which set yet anothe…
Ben Winck
US stocks climb amid strong earnings and healthy Chinese manufacturing data
A Chinese manufacturing gauge rose in August to its highest level since January 2011, signaling con…
Ben Winck
An artificial-intelligence powered ETF has smashed the S&P 500 in the last month - without any meme stocks
Artificial-intelligence based ETF AIEQ avoided meme stocks despite being sensitive to momentum as i…
Sophie Kiderlin
SoftBank piles $3.9 billion into surging market giants including Tesla, Netflix, and Amazon
SoftBank opened a $1.04 billion stake in Amazon, a $475 million position in Alphabet, and a $189 mi…
Ben Winck
Tech stocks including Apple won't outperform in 2021 as economy reopens from coronavirus, Wharton professor Jeremy Siegel says
"If you're in the S&P, I wouldn't worry. But if you have all your assets in those high-fliers, I wo…
Emily Graffeo
Billionaire Mark Cuban praised Dogecoin, trumpeted DeFi and NFTs, and dismissed bitcoin as an inflation hedge in a recent interview. Here are the 21 best quotes.
"I get to put rocket ships in my tweets and 'doge to the moon' and all this. It's just fun," Cuban …
Theron Mohamed
Tiger Global has whittled its exposure to stocks after a brutal start to the year - but its betting on a potato producer committed to 'potatovation', filings show
The hedge fund has a $12.8 million position in the potato producer, which touts its commitment to "…
Jennifer Sor
Gusto has hired former DocuSign CFO Mike Dinsdale and has an unusual plan to 'train' him
Dinsdale is best known for his six-years as CFO of DocuSign, where he was one of the first 100 empl…
Julie Bort
DocuSign pops up 37% in its long-awaited IPO - now its CEO and CFO explain what's next
Springer: We think of it as a strong reception. If you look at the whole process, we came out with …