I am 33 years old, I currently make just over $ 120,000 a year, including an annual bonus, and my company has gifted me with around $ 300,000 in equity in the firm, although our stock is brand new, so it is constantly swinging up and down . I put around 6% towards a 401 … Read more
Bigger is better in banking — and Citizens Financial Group has been taking steps that should allow it to play with the bigger boys. Its stock looks like a winner. These days, it’s almost impossible for a bank to succeed without the scale to provide more than just loans and accounts to their clients. They … Read more
AppLovin Inc. shares soared Thursday after Wall Street was supportive of the app-monetization company’s plan to shift focus to its higher-margin software business and treat its lower-margin app segment like a standalone business, parts of which it could sell following a strategic evaluation. AppLovin APP, + 34.09% shares climbed as much as 46% to an … Read more
Text size Goldman Sachs Group headquarters in New York City. Michael Nagle / Bloomberg Wall Street is on sale along with much of the stock market, as industry leader Goldman Sachs Group is trading close to book value for the first time in two years. Smaller securities firms like Jefferies Financial Group (ticker: JEF) and … Read more
AppLovin Inc. shares rallied in the extended session Wednesday after the app-monetization company’s executives said they expect about $ 2 billion from their software business alone in 2023 and could sell their apps business. AppLovin APP, -5.90% shares, which were halted for trading soon after the market closed, rallied as much as 50% at one … Read more
Peloton Interactive Inc. PTON -9.09% is exploring a sale of a sizable minority stake, in an effort to shore up its business as the once-hot bike maker’s stock continues to sink. The fitness company is targeting potential investors including industry players and private-equity firms that could take a stake of around 15% to 20%, according … Read more
Advanced Micro Devices Inc.’s data-center business will finally get its own spotlight. After reporting record sales Tuesday and predicting another record this quarter, AMD AMD, + 1.44% Chief Financial Officer Devinder Kumar said that beginning in the second quarter, the chip maker will delineate sales specifically from the division that has boosted its stock in … Read more