RECENT ARTICLES
Hedge funds are piling into healthcare stocks at record levels, Goldman Sachs says
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Hedge funds are reaching record levels of exposure to healthcare stocks as the coronavirus pandemic rages on, said Friday.The sector sits 10 percentage points overweight across hedge funds compared to the Russell 3000 sector, the bank added, making it the most favored industry among managers. Funds monitored by Goldman are nearly 25% concentrated in healthcare...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Hedge funds are reaching record levels of exposure to healthcare stocks as the coronavirus pandemic rages on, said Friday.The sector sits 10 percentage points overweight across hedge funds compared to the Russell 3000 sector, the bank added, making it the most favored industry among managers. Funds monitored by Goldman are nearly 25% concentrated in healthcare...WW…
US consumer sentiment reverses rebound amid 'widespread resurgence' of coronavirus, new survey says
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The snapped a two-month uptrend in July, offering an early sign that new coronavirus outbreaks are reversing the economic recovery.The university's index of consumer sentiment fell to 73.2 from June's reading of 78.1. Respondents' view of economic conditions sank to 84.2 from 87.1. The index of consumer expectations posted the biggest decrease, falling to 66.2...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The snapped a two-month uptrend in July, offering an early sign that new coronavirus outbreaks are reversing the economic recovery.The university's index of consumer sentiment fell to 73.2 from June's reading of 78.1. Respondents' view of economic conditions sank to 84.2 from 87.1. The index of consumer expectations posted the biggest decrease, falling to 66.2...WW…
Trump alleges 'rich guys' intentionally talk the stock market lower for short-position profits
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Some prominent investors using media platforms to warn of a stock market crash are doing so to pad their short positions, President Donald Trump alleged in a Wednesday ."When the so-called 'rich guys' speak negatively about the market, you must always remember that some are betting big against it, and make a lot of money if it goes down," the president wrote....…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Some prominent investors using media platforms to warn of a stock market crash are doing so to pad their short positions, President Donald Trump alleged in a Wednesday ."When the so-called 'rich guys' speak negatively about the market, you must always remember that some are betting big against it, and make a lot of money if it goes down," the president wrote....WW…
The US stock market has now wiped out the entire $11.5 trillion of value it gained since Trump's 2016 election victory
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Thursday's massive sell-off has erased any remaining stock-market gains made since President Donald Trump's 2016 election win.US stocks were down more than 8% on Thursday afternoon as coronavirus risks build and investors fear a near-term recession. The total market cap of the US equities market, as measured by the Russell 3000 index, had declined by $11.5...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Thursday's massive sell-off has erased any remaining stock-market gains made since President Donald Trump's 2016 election win.US stocks were down more than 8% on Thursday afternoon as coronavirus risks build and investors fear a near-term recession. The total market cap of the US equities market, as measured by the Russell 3000 index, had declined by $11.5...WW…
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.So-called "pandemic bonds" were first introduced by the World Bank in 2017 as a response to the Ebola virus. Investors holding the bonds enjoy higher-than-average interest rates, but stand to lose their cash in the event of...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.So-called "pandemic bonds" were first introduced by the World Bank in 2017 as a response to the Ebola virus. Investors holding the bonds enjoy higher-than-average interest rates, but stand to lose their cash in the event of...WW…
These are the 5 biggest bombshells from The New York Times' report on Trump's money and Deutsche Bank
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.President Donald Trump's relationship with has fallen under public and regulatory scrutiny since his first months in office, and a new report from offers new insights into the unorthodox partnership.The Times' finance editor, David Enrich spent the past two years interviewing Deutsche Bank executives about the firm's relationship with Trump, gleaning a mix of revealing...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.President Donald Trump's relationship with has fallen under public and regulatory scrutiny since his first months in office, and a new report from offers new insights into the unorthodox partnership.The Times' finance editor, David Enrich spent the past two years interviewing Deutsche Bank executives about the firm's relationship with Trump, gleaning a mix of revealing...WW…
Facebook sees $34 billion erased from market cap as Trump-ban fallout continues to spook tech investors
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.sank as much as 4.5% on Monday as investors continued to balk at the platform's ban of President Donald Trump.The slide saw $33.6 billion erased from Facebook's market cap at intraday lows. Shares have since pared some losses and now trade about 2.6% lower.The stock's decline comes as Wall Street reconciles with the president's role in encouraging supporters to...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.sank as much as 4.5% on Monday as investors continued to balk at the platform's ban of President Donald Trump.The slide saw $33.6 billion erased from Facebook's market cap at intraday lows. Shares have since pared some losses and now trade about 2.6% lower.The stock's decline comes as Wall Street reconciles with the president's role in encouraging supporters to...WW…
Saudi Aramco will lower oil prices in Asia to near 2-decade lows, even after global powers agree to historic production cut
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Even as OPEC+ producers tamper the global oil-price war and agree to slash supply starting in May, Saudi Arabia isn't resting easy.State-owned oil titan lowered official selling prices for buyers in Asia and the Mediterranean region on Monday while hiking prices higher for the US and northwest Europe, reported. Prices for Aramco's oil in Asia now sit near their...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Even as OPEC+ producers tamper the global oil-price war and agree to slash supply starting in May, Saudi Arabia isn't resting easy.State-owned oil titan lowered official selling prices for buyers in Asia and the Mediterranean region on Monday while hiking prices higher for the US and northwest Europe, reported. Prices for Aramco's oil in Asia now sit near their...WW…
JPMorgan officially forecasts a coronavirus-driven recession will rock the US and Europe by July
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The US's biggest bank expects the coronavirus pandemic to sink the US and European economies into a deep recession as soon as this summer. views of the virus "have evolved dramatically in recent weeks" as the outbreak has spread further around the world and fueled the worst stock-market sell-offs in decades, the bank's economists wrote in a Thursday note.The US...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ben WinckRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The US's biggest bank expects the coronavirus pandemic to sink the US and European economies into a deep recession as soon as this summer. views of the virus "have evolved dramatically in recent weeks" as the outbreak has spread further around the world and fueled the worst stock-market sell-offs in decades, the bank's economists wrote in a Thursday note.The US...WW…
Robinhood is making more money per trade than rival brokerages as millennials rush into day-trading
Robinhood made more from individual first-quarter trades than its legacy rivals, according to Piper Sandler research.The discount brokerage made $0.0024 for every stock trade, beating out , , and . Equities trades netted Robinhood more than $31 million, second to TD Ameritrade's nearly $73 million windfall. Charles Schwab and E-Trade brought in roughly $22 million and $19 million, respectively, according to Piper Sandler.Robinhood was likely able to charge a higher rate due to greater profitability in its order flow, managing director Richard Repetto and analyst Kyle Robinson wrote in a...…Robinhood made more from individual first-quarter trades than its legacy rivals, according to Piper Sandler research.The discount brokerage made $0.0024 for every stock trade, beating out , , and . Equities trades netted Robinhood more than $31 million, second to TD Ameritrade's nearly $73 million windfall. Charles Schwab and E-Trade brought in roughly $22 million and $19 million, respectively, according to Piper Sandler.Robinhood was likely able to charge a higher rate due to greater profitability in its order flow, managing director Richard Repetto and analyst Kyle Robinson wrote in a...WW…