7:05 a.m. Feb. 27, 2021
- By Ciara Linnane
Oscar Health is going public: Five things to know about the digital insurer Oscar Health Inc., the digital health insurance company well known to New Yorkers thanks to a subway advertising campaign, is going public in a deal that could value the company at up to $8 billion.
2:49 p.m. Feb. 26, 2021
Utilities: How Investors Can Plug In to the Greening of America
Utility companies offer attractive yields and inexpensive valuations. And they are getting better for the environment.
1:45 p.m. Feb. 26, 2021
ACV Auctions, Backed by SoftBank, Files to Go Public
The wholesale auto-auction site made the prospectus for its offering public on Friday. It didn't say how much money it is seeking to raise.
10:12 a.m. Feb. 26, 2021
SEC Examining Robinhood's Trading Halts, Options Practices
The inquiry comes as the trading app is said to be preparing to go public.
9:15 a.m. Feb. 26, 2021
DigitalOcean and Olo Are Joining the Tech IPO Parade
The tech sector had had 16 IPOs, totaling $13.7 billion, as of Monday, according to Dealogic.
7:47 a.m. Feb. 26, 2021
Why the U.K. Treads Lightly on Financial Deregulation
Without waiting for the postpandemic economic recovery, U.K. policy makers are looking for ways to make the country more attractive.
6:18 p.m. Feb. 25, 2021
Asian shares sink after tech rout pulls Nasdaq lowerAsian shares skidded Friday after rising bond yields triggered a broad sell-off on Wall Street that erased the markets gain for the week and handed the Nasdaq composite index its steepest loss since October.
3:51 p.m. Feb. 25, 2021
Coinbase Could Go Public as Soon as March
The cryptocurrency exchange is using a direct listing to go public. It swung to a profit in 2020, with revenue jumping 136% to $1.14 billion.
11:08 a.m. Feb. 25, 2021
- By Greg Robb
Fed's Williams says he expects inflation to remain subdued despite strong growth aheadNew York Fed President John Williams said Thursday he expects inflation to remain subdued even though GDP growth could be strongest in decades.
6:40 p.m. Feb. 24, 2021
Asian markets jump higher on Fed reassurance Asian stock markets followed Wall Street higher Thursday after the Federal Reserve chairman said the U.S. central bank is in no hurry to withdraw support for the economy.
10:06 a.m. Feb. 24, 2021
- By Myra P. Saefong
Oil prices mark 13-month highs as U.S. data hint at larger supply losses aheadOil futures settle at fresh 13-month highs Wednesday, as data from the U.S. government show weekly crude supplies edged higher on the back of a sharp decline in distillate inventories, hinting at larger supply losses in the weeks ahead amid energy production losses brought on by winter storms.
10:02 p.m. Feb. 23, 2021
Hong Kong slaps 30% tax hike on share tradingHong Kong moved unexpectedly to raise taxes on share trading by 30%, putting a damper on the city's stock-exchange operator just as it was unveiling record annual sales and profits. A surge in trading and new listings has buoyed Hong Kong Exchanges and Clearing Ltd., which has grown to become the world's largest exchange operator based on its own market valuation, and the fourth-biggest by value of companies listed on its exchange.
6:29 p.m. Feb. 23, 2021
Asian markets pull back on worries of inflation, interest-rate hikesInvestors remain increasingly focused on a big tick up in bond yields and how it affects stock valuations.
6:49 a.m. Feb. 23, 2021
- By Philip van Doorn
If you want to get rich with marijuana stocks, you need to know the crucial difference between U.S. and Canadian companies
U.S. companies are overlooked by many investors. But any state and federal legalization favors them over Canadian rivals, fund managers say.
6:22 p.m. Feb. 22, 2021
Asian markets mostly rise despite tech selloff on Wall StreetAlthough the world's economies have been battered by the coronavirus pandemic, the deployment of COVID-19 vaccines is raising hopes for a recovery from the pandemic.
1:26 p.m. Feb. 22, 2021
Roblox to Go Public in March
Videogame company sets the date for its direct listing. The company also reveals that losses have widened.
11:30 a.m. Feb. 22, 2021
- By William Watts
S&P 500 books fifth straight loss, Nasdaq sinks 2.5% as elevated bond yields weigh on tech sharesStock-market benchmarks ended mostly lower Monday, while the Dow Jones Industrials benchmark eked out modest gains, amid worries that rising bond yields could render equities too expensive.
9:53 a.m. Feb. 22, 2021
- By Ciara Linnane
ATI Physical Therapy to go public via merger with SPAC Fortress Value Acquisition in $2.5 bln deal ATI Physical Therapy, the largest outpatient physical therapy provider in the U.S., is going public via a merger with special purpose acquisition corporation (SPAC) Fortress Value Acquisition Corp. II in a deal with an enterprise value of $2.5 billion. SPACs, or blank-check companies, raise money in an initial public offering and then have two years to acquire a business or businesses. ATI, a portfolio company of private-equity firm Advent International, will remain listed on the New York Stock Exchange, but the ticker symbol will change." The deal is expected to close in the second quarter. The new company will have cash proceeds of up to $645 million, which will be used to repay existing debt and preferred equity and to fun growth and acquisition opportunities. ATI owns and operates nearly 900 physical therapy clinics in 25 states. The business will continue to be led by the current management team of CEO Labeed Diab, CFO Joe Jordan and COO Ray Wahl, and Advent will remain its largest shareholder.
9:38 a.m. Feb. 22, 2021
- By Tomi Kilgore
Buying Signature Bank stock gives investors cryptocurrency exposure for free, analyst saysBuying shares of Signature Bank is a cheap way to gain exposure to cryptocurrencies, such as bitcoin, according to BofA Securities analyst Ebrahim Poonawala, prompting him to raise his price target by 15%.
8:52 a.m. Feb. 22, 2021
Oscar Health Could Raise $1 Billion in IPO Next Week
It's a relatively quiet time for initial public offerings. Only the insuretech, backed by Josh Kushner, is scheduled to make its trading debut next week.
8:34 a.m. Feb. 22, 2021
- By Wallace Witkowski
Roblox is going public: 5 things to know about the tween-centric gaming platformInvestors waiting on the long-awaited public debut of Roblox Corp. finally have a date for when the tween-centric gaming platform will roll out its direct listing.
8:08 a.m. Feb. 22, 2021
Discovery's Lifestyle Streaming App Is Gaining Momentum
The company reported higher quarterly earnings than expected and said it is on track for 12 million subscribers to Discovery+ by the end of this month.
2:20 a.m. Feb. 22, 2021
- By Ciara Linnane
Oscar Health launches IPO with plans to offer 31 million shares priced at$32 to $34 eachOscar Health Inc. on Monday launched an initial public offering with plans to offer 31 million shares priced at $32 to $34 each. The health insurer is planning to list on the New York Stock Exchange, under the ticker symbol 'OSCR.' There are 10 banks underwriting the deal, led by Goldman Sachs, Morgan Stanley Allen & Co. LLC. Oscar Health was founded in 2012 and is headquartered in New York city. The company offers individual and family health insurance, small group and Medicare Advantage plans. Proceeds of the deal will be used to repay debt and for general corporate purposes.
10:33 a.m. Feb. 20, 2021
The Artist Behind the Sculpture ‘Charging Bull’ Has Died. What to Know.
Arturo Di Modica passed away Friday evening in his hometown of Vittoria, Sicily, according to news reports.
2:59 p.m. Feb. 19, 2021
Tech Valuations Are Getting Scary. Here’s How We Know.
Companies like Snowflake, Shopify, and Zoom Video all trade at more than 35 times sales estimates for 2021. That doesn’t leave much room for error.
11:23 a.m. Feb. 19, 2021
- By Mark DeCambre
S&P 500 books longest losing streak in two months, while Dow ekes out weekly gainsU.S. equity benchmarks ended mixed Friday, leaving the Dow with weekly gains as markets struggled to find new reasons to move higher amid weakness in the labor-market and the potential for higher borrowing costs.
10:27 a.m. Feb. 19, 2021
Bitcoin's Market Value Bursts Past $1 Trillion
Bitcoin’s overall market value rose to over $1 trillion on Friday, as a combination of institutional buying and speculative hype has repeatedly vaulted the digital asset to new highs this year.
9:48 a.m. Feb. 19, 2021
Barron’s Best Fund Families of 2020
Record-setting returns helped propel many of the top-ranked fund families up the leaderboard in this year’s Barron’s Fund Family Ranking.
9:03 a.m. Feb. 19, 2021
- By Mark DeCambre
Bitcoin's $1 trillion market valuation is Twitter goldBitcoin is carving out fresh history on Friday, and generating a ton of buzz on Wall Street and Main Street, as the world's No. 1 cryptocurrency staged an epic rally that took it well above $1 trillion in market value.
6:24 p.m. Feb. 18, 2021
Asian markets retreat following disappointing U.S. economic dataAsian stock markets followed Wall Street lower on Friday after disappointing U.S. jobs and economic data.
1:51 p.m. Feb. 18, 2021
- By Chris Matthews
No-commission trading means 'you're the product,' lawmaker says in Robinhood-GameStop hearingThe major players in the GameStock saga faced tough questions from members of the House Financial Services Committee Thursday, as the rapid rise and collapse of the video-game retailer stock has shined a spotlight on some of the more obscure, and some would argue troubling, aspects of market structure in the U.S.
11:20 a.m. Feb. 18, 2021
- By Mark DeCambre
U.S. stocks close lower for third day as investors weigh economic data, rising bond yieldsU.S. stock indexes close down but off the session's lows on Thursday, as investors digest economic data showing little improvement in the labor market and weigh a rise in bond yields on worries over potential inflation amid elevated commodity and energy prices.
10:15 a.m. Feb. 17, 2021
- By Steve Goldstein
Looking to avoid an obscenely overpriced U.S. stock market? Here's one strategist's advice on how to ride the inflation waveIf inflation is coming, where should investors go? How about Latin America, says one strategist.
3:02 a.m. Feb. 17, 2021
Europe joins Wall Street's boom in 'blank-check' companiesLVMH founder Bernard Arnault is among those launching special-purpose acquisition companies in Europe.
6:17 p.m. Feb. 16, 2021
Asian markets slip on profit-taking, as hopes grow for recoveryAsian shares were lower Wednesday as investors sold to lock in profits from the recent rally driven by hopes economies will gradually return to a pre-pandemic normal.
10:28 a.m. Feb. 16, 2021
- By Lina Saigol
Medical cannabis company Kanabo soars in London market debutKanabo is the second company in the fast-growing sector to list in London in less than a week.
10:18 a.m. Feb. 16, 2021
- By Weston Blasi
Here are the public sports teams you can invest inThe Boston Red Sox will no longer be taken public --- here are the sports franchises you can invest in
7:00 a.m. Feb. 16, 2021
- By MarketWatch
To profit from planned merger of Tilray and Aphria, buy Aphria, says this analystInvestors seeking to profit from the merger of Canadian cannabis companies Tilray Inc. and Aphria Inc. are best to do so by buying shares of Aphria, which are trading at a 51% discount over the merger conversion price, Cantor Fitzgerald analyst Pablo Zuanic said Tuesday.
6:42 a.m. Feb. 16, 2021
SoftBank Soars as Coupang IPO Filing Points to Win for Vision Fund
The South Korean e-commerce company's financial results show a large, fast-growing business that is likely to receive a warm welcome from investors.
6:09 a.m. Feb. 16, 2021
- By Michele Lerner
Political Power Shift Could Generate Changes in the U.S. Luxury Housing MarketEverything from capital gains tax policy to a more stable political environment will affect how affluent buyers view their wealth and appetite for home purchases