(CNBC) Investors may want to start August by lightening up on the reopening trades. Longtime market bear David Rosenberg warns surging Covid-19 delta variant cases paired with the culmination of fiscal stimulus will crush stocks tied to the economic recovery. […]

(CNBC) The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite concerns over the pandemic spread. As expected, the Federal Open Market Committee concluded its two-day meeting by keeping interest […]

(CNBC) The New York private-equity giant Blackstone Group acquired a minority stake in Chicago private-equity firm GTCR. Blackstone acquired the ownership stake through its Blackstone Strategic Capital Holdings GP Stakes business, which “specializes in value-added, long-term partnerships” with private market […]

(CNBC) An investigation into Credit Suisse’s dealings with the collapsed U.S. hedge fund Archegos Capital revealed Thursday that the Swiss bank had failed “to effectively manage risk.” The Archegos saga dominated the business headlines in March this year, with Credit […]

(CNBC) Robinhood, whose stock trading app has surged in popularity among retail investors, sold shares in its IPO at $38 a piece, valuing the company at about $32 billion. Ahead of its Nasdaq debut on Thursday, Robinhood priced shares at […]

(CNBC) Facebook shares fell as much as 5% in extended trading on Wednesday after the social media company called for revenue growth to slow in the quarters ahead, even as second-quarter results came in ahead of estimates. To read this […]

(Reuters) Robinhood Markets Inc disclosed on Tuesday it has received inquiries from U.S. watchdogs asking whether employees traded GameStop Corp. and AMC Entertainment Holdings, Inc. before the online broker publicly announced it was restricting trading in those and other meme […]

(Hedgeweek) Investment managers pressured by rising costs, increased transparency demands and the need to generate consistent performance are looking to harness the full potential of data in order to compete and position their firms for the future, according to a […]

(CNBC) Deutsche Bank reported net income of 692 million euros($818 million) for the second quarter of this year. Analysts had forecast a net profit of 328 million euros for the quarter, according to data collected by Refinitiv. The stock is […]

(CNBC) Apple reported strong fiscal third-quarter earnings on Tuesday, demolishing Wall Street expectations. Every one of Apple’s major product lines grew over 12% on an annual basis.  Overall, Apple’s sales were up 36% from the June quarter last year. iPhone sales increased nearly 50% on an annual basis.   To […]

(CNBC) Microsoft shares initially fell before rebounding and rose as much as 1% in extended trading on Tuesday after the software and hardware company issued fiscal fourth-quarter earnings and quarterly revenue guidance that exceeded expectations. To read this article:

(CNBC) The Justice Department is investigating possible bank fraud by executives of Tether Ltd. stemming from actions during the early days of its stablecoin cryptocurrency, according to Bloomberg News. The probe has implications for the cryptomarket. To read this article: