Citi abandons hyperscaler and growth stock trade after market rotation
Citi strategists have closed their positive view on hyperscalers and growth stocks after a rotation into value. Citi's head of…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Nu Holdings Falls After Lula Wins Brazil Runoff, Leaving Stock 36% Below Its High
Nu Holdings, the parent of Brazilian digital bank Nubank, fell sharply after Luiz Inácio Lula da Silva won Brazil's presidential…
Berkshire’s Greg Abel Adds $330 Million to Bending Spoons Stake
Berkshire Hathaway CEO Greg Abel put another $330 million into Bending Spoons in October, on top of a stake bought…
Anthropic Files IPO Prospectus Showing $974 Million Q2 Operating Income
Anthropic filed a prospectus for its initial public offering this past week, showing a first operating profit alongside a long…
Robinhood Stock Is Down 40% From Its Record High as Options Drive Revenue
Robinhood stock has fallen 40% from its all-time high, and its third-quarter revenue leans on options trading, which carries risk…
