Buy PayPal Stock. The Battered Payments Company Is Starting to Perk Up.

Anyone who bought PayPal Holdings stock last summer may be ruining the day. Despite popping a bit this past week, the shares, at $97, are still off 68% from their highs around $308. Memories of the stock’s skid in February, when it fell 35% over two days, may still be uncomfortably fresh in investors’ minds. … Read more

AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls

AMC Entertainment Holdings Inc.’s stock fell more than 10% in extended trading on Thursday after the company announced a special dividend in the form of “Ape” preferred shares. The dividend marks the latest move in a fight over stock issuances. AMC Entertainment Holdings Inc. AMC, +2.47% has turned to the special dividend after it was … Read more

Opinion: The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line.

The S&P 500 index may be about to secure two major bullish SPX, -0.05% milestones First, the S&P has rallied from that mid-June low right up to the major resistance at 4170. A two-day close above that level would be quite bullish and would set the stage for a challenge of the downtrend line defining … Read more

Experts question CDC guidelines on isolation after testing positive for COVID as Biden continues to work remotely

President Joe Biden is expected to continue to work from his office Tuesday as he isolates for at least five days in accordance with Centers for Disease Control and Prevention guidelines for people who test positive for COVID. The President tested positive again on Monday in a ‘rebound’ case, a rare outcome of the antiviral … Read more

Tesla investors urged to vote against board members, for shareholder proposals by influential advisory services

Two prominent and influential proxy advisory firms are urging Tesla Inc. Investors to vote against the reelection of two board directors, and are recommending that they defy the company’s wishes and vote for six out of eight shareholder proposals. Tesla TSLA, +0.04% is facing several employee-related controversies and is caught up in the glare of … Read more

HBO’s ‘Industry’ Season 2 Has a Message for Bosses: Beware the Junior Bankers

Many frightening forces converge in the finance drama “Industry”: the screaming bosses, the bad market bets and the unrelenting pressures. But perhaps scariest of all, at least to their superiors, are the 20-something strivers ready to unseat their elders. Generational tensions run high between the old guard and the young hungry in the second season … Read more

HBO’s ‘Industry’ Season 2 Has a Message for Bosses: Beware the Junior Bankers

Many frightening forces converge in the finance drama “Industry”: the screaming bosses, the bad market bets and the unrelenting pressures. But perhaps scariest of all, at least to their superiors, are the 20-something strivers ready to unseat their elders. Generational tensions run high between the old guard and the young hungry in the second season … Read more

Roku stock plummets towards worst drop on record after ‘frankly awful’ earnings

Shares of Roku Inc. were tumbling towards their worst drop on record Friday after the streaming company acknowledged a “significant slowdown” in advertising spending that helped propel it to weaker-than-expected results and could persist beyond the latest quarter. “Consumers began to moderate discretionary spend, and advertisers significantly curtailed spend in the ad scatter market (TV … Read more

Roku stock plummets as earnings are widely panned: ‘The sum of all of our worries’

Shares of Roku Inc. were tumbling in premarket trading Friday after the streaming company acknowledged a “significant slowdown” in advertising spending that helped propel it to weaker-than-expected results and could persist beyond the latest quarter. “Consumers began to moderate discretionary spend, and advertisers significantly curtailed spend in the ad scatter market (TV ads bought during … Read more