Hannah Miao

After a wild two-day run, the meme-stock rally is sputtering. Shares of GameStop were recently down 32%. AMC Entertainment shares were 25% lower. Koss was off 22% and SunPower shed 28%. ‘Roaring Kitty’ Came Out of Hibernation.

Robinhood on Tuesday unveiled new interest rates for margin investing, seeking to offer the cheapest funding on the market for individual investors. In margin investing, an investor borrows from a broker to buy securities, using their holdings as collateral. Buying on margin can amplify gains, but it can also increase losses and an investor may lose more than their initial investment.

Shares of insurance companies took a hit Thursday after forecasters at the Commerce Department predicted above-normal hurricane activity for this year's Atlantic hurricane season. In recent trading: + **Arthur J.

TODAY'S MARKETS Nvidia’s stellar quarter boosted the chip maker’s shares Thursday, but failed to lift the broader U.S. stock market. The S&P 500 declined 0.7%. The Nasdaq Composite pulled back 0.4%. The Dow Jones Industrial Average slid about 600 points, or 1.

As amateur traders banded together to push the stock higher, he closed out his position at a 100% loss and vowed to stop publishing short-selling reports. Now, the founder of Citron Research is shorting GameStop once again. Keith Gill, who helped direct the world’s attention to GameStop a few years ago, re-emerged on X in May, sparking a trading frenzy in the stock.

Keith Gill's "DeepF—Value" account shared a new portfolio update on Reddit on Thursday after the market closed.

A technical issue at the New York Stock Exchange that caused a brief crash in Berkshire Hathaway's stock price cost Interactive Brokers around $48 million, the trading platform said. The snafu earlier this month resulted in an apparent drop of more than 99% for Berkshire's Class A shares, which abruptly sank to $185.10 from the previous close of $627,400 per share. NYSE later said trades would be unwound.

Charles Schwab, the largest publicly traded U.S. brokerage, reported earnings growth for the second quarter that beat Wall Street expectations. Net income rose 3% from a year earlier to $1.33 billion.

Charles Schwab stock declined, after the largest publicly traded U.S. brokerage reported a decline in bank deposits and an increase in pricier short-term funding. Earnings per share came in at 73 cents excluding one-time items.

A global tech outage triggered by a software update from cybersecurity company CrowdStrike shook the world Friday—and led to a drop in CrowdStrike’s stock price. “Our initial reaction on Friday was seeing a 10%+ pullback in a high-quality stock as a buying opportunity, however, we were ironically unable to publish our original research note due to the outage itself,” Zelnick wrote in a note published Monday. Zelnick ultimately maintained a “hold” rating on CrowdStrike stock and a price target of $350.