Stock Market

News Stock Market

Robinhood agrees to settle customer lawsuit over 2020 outages

By Jody Godoy (Reuters) – Robinhood Markets Inc (NASDAQ:HOOD) has agreed in principle to settle a proposed class action filed by customers in the United States who claimed the investment app’s outages.

Read More
Business News Stock Market

U.S. SEC looking into Musk’s Twitter stake purchase

By Pete Schroeder and Nivedita Balu WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) is looking into Tesla (NASDAQ:TSLA) Chief Executive Officer Elon Musk’s disclosure of his stake in Twitter.

Read More
Business News Stock Market

Alibaba shelves guidance due to COVID risks; resilient Q4 lifts stock

By Brenda Goh and Nivedita Balu (Reuters) -Alibaba Group on Thursday said it would not provide a forecast for the current fiscal year because COVID-19 risks clouded its outlook, after.

Read More
News Stock Market

Japan PM Kishida says debate on capital gains tax still on

By Kantaro Komiya TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Friday his government and ruling coalition continued to debate capital gains tax as “one of the issues”, keeping.

Read More
Business News Stock Market

Chipmaker Broadcom to buy VMware in $61 billion deal

By Chavi Mehta and Krystal Hu (Reuters) – Broadcom (NASDAQ:AVGO) Inc said on Thursday it will acquire cloud computing company VMware (NYSE:VMW) Inc in a $61 billion cash-and stock deal,.

Read More
News Stock Market

U.S. bill would bar Google, Apple from hosting apps that accept China’s digital yuan

By Alexandra Alper WASHINGTON (Reuters) -Republican senators want to bar U.S. app stores including Apple and Google from hosting apps that allow payments to be made with China’s digital currency,.

Read More
News Stock Market

U.S. agency asks Tesla for information on Canadian fire incident

WASHINGTON (Reuters) – The National Highway Traffic Safety Administration said on Thursday it has asked Tesla (NASDAQ:TSLA) Inc for information about a recent 2021 Tesla Model U fire in Vancouver,.

Read More
News Stock Market

Walmart, CVS to halt filling prescriptions for controlled substances by Cerebral, Done

(Reuters) -Walmart Inc and CVS Health Corp (NYSE:CVS) said on Wednesday they would stop filling prescriptions for controlled substances issued by telehealth startups Cerebral Inc and Done Health. Cerebral and.

Read More
News Stock Market

Musk pledges more equity to fund Twitter deal, scraps margin loan

(Reuters) -Elon Musk on Wednesday pledged an additional $6.25 billion in equity financing to fund the $44-billion offer for Twitter Inc (NYSE:TWTR), reducing the billionaire’s margin loan against his Tesla (NASDAQ:TSLA) Inc.

Read More
Business News Stock Market

Apple to increase pay for U.S. workers

(Reuters) -Apple Inc has raised the pay for its hourly U.S. employees, the iPhone maker said on Wednesday, as companies face a tight labor market, a surge in unionization efforts.

Read More