The move is the latest sign of the blurring boundaries between big tech and big finance amid challenges for both industries.
Jim Cramer breaks down Wall Street’s reaction to drone strikes on Saudi Arabian oil facilities, how Wall Street values cloud stocks and interview with Paxos CEO.
Energy giants Chevron and Exxon Mobil are the best performing Dow stocks a week after oil rises 5% or more in a single day.
Federal prosecutors on Monday accused three J.P. Morgan precious metals traders of fraud in an alleged spoofing scheme.
Energy stocks, one of the worst-performing sectors this year, spiked on Monday after an attack on Saudi Arabia’s heart of oil production Saturday sent oil prices soaring.
Shares of defense companies rose on Monday after the United States military was put on alert by President Donald Trump.
U.S. Secretary of Energy Rick Perry spoke to CNBC’s “Squawk on the Street” on Monday following a series of drone attacks on Saudi Arabia’s oil facilities caused the largest disruption to the world oil supply…
Here are the biggest calls on Wall Street on Monday
HSBC raised its ratings of both Uber and Lyft to buy from hold on Monday.
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.
In the past few weeks, the S&P 500 has waged a 6% rally, pulling within 1% of its late-July record high by Friday’s close.
As investors worry about oil supply, airline and cruise ship stocks are getting hit on Monday, while some energy stocks are shooting upward.
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.
SoFi is putting its name on the most expensive NFL stadium ever built.
Luiz Maria Ribiero manages the DWS Latin America Equity fund (SLARX), which is up nearly 20% this year.
Apple told CNBC in a statement that it does not expect the launch of Apple TV+ “to have a material impact on our financial results,” as Goldman estimated.