US stocks end mixed, but book weekly losses as Dow suffers longest losing streak since 1932

US stocks end mixed, but book weekly losses as Dow suffers longest losing streak since 1932

US stocks closed mixed Friday, with the S&P 500 index eking out a gain after trading in bear-market territory earlier in the session, but all three major benchmarks booked another week of losses. The Dow Jones Industrial Average suffered an eighth straight weekly decline, marking its longest losing streak since April 1932, according to Dow … Read more

Financial News celebrates the top 100 women in finance

Financial News is proud to be a champion of diversity in the City. Last year, we ran our 15th consecutive annual profile of the 100 most influential women in European finance. The FN100 Women in Finance 2021 list came at a time of change for the City, as business attempted to find their post-pandemic normal. … Read more

‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $ 300,000 in company stock. Should I sell those shares to pay off my debt of $ 56,000?

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

Grayscale launches ETFs in Europe to track ‘future of finance’ stocks like Coinbase, Robinhood

Grayscale is launching its first European ETF, the Grayscale Future of Finance UCITS, which will be listed on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra. The fund will be based on the Bloomberg Grayscale Future of Finance Index which tracks companies that represent the “future of finance”. These include stocks such as … Read more

Buy Citizens Financial Stock. Its Shares Could Gain 29%.

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 stock soars as company weighs selling apps business, Wall Street applauds strategic shift

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

Wall Street on Sale: Goldman Sachs Stock Now Just Above Book Value

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 stock jumps more than 20% as execs consider selling one business as the other finds a new gear

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

Acreage sees cannabis business sprouting in the Northeast

Acreage Holdings Inc. plans to leverage its cannabis medical market presence as adult use sales open up in New York, New Jersey and Connecticut, the company’s chief financial officer said. Adult use sales in selected stores opened up in New Jersey on April 21, as a “huge driver” for growth in 2022, plus New York … Read more

China Tries to Stoke Consumer Spending With Small Business Plan

Text size China is slowly rolling out measures to support small businesses. Here, a market in Beijing on April 14, 2022. Noel Celis / AFP via Getty Images China continues to roll out measures to support small businesses, in hopes of spurring consumer spending in an economy beset by pandemic restrictions and the withering of … Read more