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Robinhood accidentally sold short on a meme stock and lost $57 million

[ad_1] Robinhood Markets Inc. accidentally sold short on a small stock as it went on a meme-like ride in December,…

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Stock Market

Affirm to lay off 19% of staff, stock tanks after earnings disappointment

[ad_1] Affirm Holdings Inc. announced plans to cut 19% of its staff Wednesday following an earnings report in which the…

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Stock Market

Chegg stock dives 20% as forecast calls for another year of shrinking sales

[ad_1] Chegg Inc. CHGG, -1.45% shares sank 20% in after-hours trading Monday after executives guided for a second consecutive year…

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Pinterest’s stock tumbles on sales, earnings misses

[ad_1] Pinterest Inc. reported sales, profits and monthly active users that fell short of financial analysts’ estimates Thursday, initially sending…

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Stock Market

10 ways American finances actually improved in 2022, despite high interest rates and a slump in stocks

[ad_1] Many Americans are ending the year feeling gloomy about their finances, and you don’t need to be a psychiatrist…

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IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.

[ad_1] To avert taxpayer confusion in the upcoming tax season, the IRS is delaying a rule that would have required…

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Stock Market

Amazon stock breaks below 2020 low for the first time, heads for worst year since dot-com bust

[ad_1] Amazon.com Inc. shares closed lower than their March 2020 nadir for the first time Thursday, as the tech giant’s…

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Stock Market

Visa, Mastercard are ‘great defensive names’ for 2023, but PayPal and Coinbase stocks could be set for a rebound, analysts say

[ad_1] Whether you’re looking to scoop up some beaten-down bargains or trying to play it safe, analysts see potential in…

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Stock Market

Tesla’s stock drop has been bad. But this company has wiped out more investor wealth in 2022.

[ad_1] Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant…

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Stock Market

Elon Musk says he’ll step down as Twitter CEO when he finds ‘someone foolish enough to take the job’

[ad_1] Elon Musk said late Tuesday he’ll resign as chief executive of Twitter — eventually. In a tongue-in-cheek tweet, Musk,…

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