Why Wall Street Expects Robinhood to Be Acquired

Robinhood Markets , which revolutionized the online brokerage industry, could be in play now that interest from cryptocurrency exchange FTX was made public. This is could spur other potential bidders for Robinhood in what could be one of the year’s most anticipated transactions. Sam Bankman-Fried, founder and CEO of FTX, said Monday that he was … Read more

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more

Is Nvidia’s gaming forecast the ‘cut’ that Wall Street has been looking for?

Nvidia Corp. investors may have received the all-clear signal they have been waiting for to start buying the stock again, but some on Wall Street were wondering if the signal was a clear one Thursday. Nvidia NVDA, +5.16% shares have been ripped in half from their all-time high of $ 333.76 in roughly the past … Read more

Here’s the signal for investors from the deep pessimism of Bill Ackman and George Soros

Stock index futures are bouncing around on the 100th day of trading this year, with the Dow and S&P 500 headed for the worst annual start since 1970 and the Nasdaq its worst ever. This choppy market can’t help itself, because “there are too many unknowns,” Stephanie Link, chief investment strategist and portfolio manager at … Read more

VMware stock rallies 25% on reports Broadcom is weighing its third software acquisition in four years

VMware Inc. shares rallied Monday as Wall Street chimed in on reports that Broadcom Inc. is looking for a threepeat when it comes to software acquisitions. VMware VMW, +24.78% shares surged to finish up nearly 25% at $ 119.43 for a market cap of $ 50.29 billion. Late Sunday, several news outlets reported that Broadcom … Read more

Bitcoin records 7 consecutive weeks of losses. Could it turn around?

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks

US stocks closed sharply higher Tuesday, after retail sales data for April suggested the economy remained healthy and as investors weighed remarks by Federal Reserve Chairman Jerome Powell. On Monday, the Dow finished less than 0.1% higher, the S&P 500 closed 0.4% lower and the Nasdaq fell 1.2%. The declines followed another losing week for … Read more

Which of Buffett’s bank stocks might make you the most money?

This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in Berkshire Hathaway Inc.’s BRK 13F filing with the Securities and Exchange Commission for the end of the first quarter is that … Read more