Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.on Friday announced "" — a new video conferencing platform that allows up to 50 people join a single room and interact with each other. Rooms will directly compete with , and Skype, three popular video conferencing platforms that have seen a surge in demand as millions across the globe are under stay-at-home orders. Prior to today's Facebook...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.on Friday announced "" — a new video conferencing platform that allows up to 50 people join a single room and interact with each other. Rooms will directly compete with , and Skype, three popular video conferencing platforms that have seen a surge in demand as millions across the globe are under stay-at-home orders. Prior to today's Facebook...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.skyrocketed as much as 244% on Friday after the company it was developing showed "100% inhibition" of the COVID-19 virus in preclinical studies.The small biotechnology company said it planned to "generate an antibody cocktail product that would act as a 'protective shield' against SARS-CoV-2," the official name of the novel coronavirus.Read more: Sorrento said...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.skyrocketed as much as 244% on Friday after the company it was developing showed "100% inhibition" of the COVID-19 virus in preclinical studies.The small biotechnology company said it planned to "generate an antibody cocktail product that would act as a 'protective shield' against SARS-CoV-2," the official name of the novel coronavirus.Read more: Sorrento said...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Keith Gill, who goes by RoaringKitty on Twitter and YouTube, was hit with a securities-fraud lawsuit over his role in the rise of stock, .Gill gained a following as he documented his "YOLO" trade in GameStop on Reddit's Wall Street Bets forum for more than a year. He invested $53,000 in GameStop stock and call options in June 2019. The value of those...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Keith Gill, who goes by RoaringKitty on Twitter and YouTube, was hit with a securities-fraud lawsuit over his role in the rise of stock, .Gill gained a following as he documented his "YOLO" trade in GameStop on Reddit's Wall Street Bets forum for more than a year. He invested $53,000 in GameStop stock and call options in June 2019. The value of those...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The fueled by traders on Reddit's Wall Street Bets forum are unwinding, based on Tuesday's trading activity. fell by as much as 67% on Tuesday, adding to a 31% decline on Monday. The stock was down 85% from its all-time high of $483.GameStop had surged by more than 2,000% in January, leading to massive losses for some hedge funds , which was down 53% for the...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The fueled by traders on Reddit's Wall Street Bets forum are unwinding, based on Tuesday's trading activity. fell by as much as 67% on Tuesday, adding to a 31% decline on Monday. The stock was down 85% from its all-time high of $483.GameStop had surged by more than 2,000% in January, leading to massive losses for some hedge funds , which was down 53% for the...WW…

The   futures contracts tied to the spot price of water for the first time ever this week.The contracts will allow investors and farmers alike to bet on the future price of water. The contracts are tied to the $1.1 billion California spot water market. While water will officially join the likes of gold, oil, and other commodities in being traded on Wall Street, the contracts will be financially settled. This means buyers of the contracts who hold on through expiration won't be greeted by a delivery of millions of gallons of water like they would for other commodity based...…The   futures contracts tied to the spot price of water for the first time ever this week.The contracts will allow investors and farmers alike to bet on the future price of water. The contracts are tied to the $1.1 billion California spot water market. While water will officially join the likes of gold, oil, and other commodities in being traded on Wall Street, the contracts will be financially settled. This means buyers of the contracts who hold on through expiration won't be greeted by a delivery of millions of gallons of water like they would for other commodity based...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Investors should continue to favor stocks over bonds from now until at least 2030, according to Goldman Sachs.In a note published Monday, Goldman gave its long-term forecast for stocks over the next decade. The firm estimated that the S&P 500 index would deliver an average annualized return of 6% and that stocks had a 90% probability of outperforming bonds...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Investors should continue to favor stocks over bonds from now until at least 2030, according to Goldman Sachs.In a note published Monday, Goldman gave its long-term forecast for stocks over the next decade. The firm estimated that the S&P 500 index would deliver an average annualized return of 6% and that stocks had a 90% probability of outperforming bonds...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.has garnered a reputation for being a meme-fueled casino where members push risky investment ideas and bet their life savings away, but real-world data suggests the users of the forum post serious due diligence reports and are actually quite skilled, according to "Despite the conventional view that the platform primarily attracts uninformed investors, we find...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.has garnered a reputation for being a meme-fueled casino where members push risky investment ideas and bet their life savings away, but real-world data suggests the users of the forum post serious due diligence reports and are actually quite skilled, according to "Despite the conventional view that the platform primarily attracts uninformed investors, we find...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A decline in US stocks on Thursday was led by the Nasdaq 100, which fell nearly 2% following a surge in interest rates.The 10-year US Treasury yield hit 1.75% on Thursday, representing a new cycle-high for the treasury note. Yields haven't been that high since January 2020, just two months before the COVID-19 pandemic led to widespread lockdowns across the...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A decline in US stocks on Thursday was led by the Nasdaq 100, which fell nearly 2% following a surge in interest rates.The 10-year US Treasury yield hit 1.75% on Thursday, representing a new cycle-high for the treasury note. Yields haven't been that high since January 2020, just two months before the COVID-19 pandemic led to widespread lockdowns across the...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The Dow closed at record highs on Wednesday after Federal Reserve Chairman Jerome Powell wrapped up his second day of testimony to Congress.Powell reiterated his view that the US economy still has a long way to go before hitting the Fed's unemployment rate and inflation targets, signalling that the Fed is likely to continue remaining accommodative with its...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The Dow closed at record highs on Wednesday after Federal Reserve Chairman Jerome Powell wrapped up his second day of testimony to Congress.Powell reiterated his view that the US economy still has a long way to go before hitting the Fed's unemployment rate and inflation targets, signalling that the Fed is likely to continue remaining accommodative with its...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Polling following last week's presidential debate has suggested that a so-called blue wave led by Joe Biden, the Democratic nominee, is becoming more likely, Goldman Sachs' chief economist, Jan Hatzius, said in a note on Monday.Democratic control of the presidency, the House, and the Senate would likely lead to a surge in economic growth, according to Goldman,...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Polling following last week's presidential debate has suggested that a so-called blue wave led by Joe Biden, the Democratic nominee, is becoming more likely, Goldman Sachs' chief economist, Jan Hatzius, said in a note on Monday.Democratic control of the presidency, the House, and the Senate would likely lead to a surge in economic growth, according to Goldman,...WW…