Meme stock "monster": How AMTD shares surged 21,000% in days
A little-known Hong Kong tech company with annual revenue of $25 million has seen its market value soar to $300 billion.
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A little-known Hong Kong tech company with annual revenue of $25 million has seen its market value soar to $300 billion.
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
The Dow Jones Industrial Average rose back to even as tech stocks rallied on Monday. Yahoo Finance reporter Alexandra Semenova joins CBS News' Tanya Rivero to recap the stock market's gains.
The Dow Jones suffered significant losses on Tuesday as the war in Ukraine intensified. Escalating violence coupled with increased sanctions on Russia caused the price of oil to spike. Axios business reporter Hope King joins CBS News with more.
Netflix's stock rose Wednesday despite reporting that it lost 970,000 subscribers in the second quarter. Dade Hayes, Deadline business editor and co-author of "Binge-Time" joined CBS News to discuss what this could mean for Netflix moving forward.
The Dow Jones posted gains for the second day in a row, gaining more than 800 points. Axios Business reporter Hope King joins CBS News to discuss the latest.
The Dow Jones dropped Thursday following the release of the weekly jobless numbers and the Federal Reserve announcing a 0.5% interest rate hike as part of its ongoing effort to combat rising inflation. Frances Stacy, the director of portfolio strategy at Optimal Capital, joins CBS News to discuss the overall health of the U.S. economy.
High inflation and fears of a recession have many Americans wondering what to do with their 401(k) retirement investments. Those fears have been magnified by U.S. stocks falling by at least 20% from their most recent peak in January. CBS News MoneyWatch reporter Aimee Picchi joined CBS News' Errol Barnett and Debra Alfarone to discuss.
Brian Sozzi, editor-at-large and anchor for Yahoo Finance Live, joined CBS News' Tanya Rivero and Nikki Battiste to discuss the latest on the stock market and other financial news.
Inflation and rising interest rates are affecting stocks and increasing fears about a possible U.S. recession. Joe Saluzzi, co-founder and partner with Themis Trading, joined CBS News to discuss what to expect from the markets in the coming weeks.
The U.S. added 431,000 jobs in March as the unemployment rate dropped to 3.6%. Friday's jobs report also showed wages grew 5.6% in the past year. Sarah House, a senior economist at Wells Fargo, joined CBS News after the closing bell on Wall Street to discuss what this signals for the future of the U.S. economy.
Cryptocurrency trading platform Coinbase has lost half its value in the past week as bitcoin and other digital coins continue to plummet. Ryan Belanger, founder and managing principal of Claro Advisors, joined CBS News' Tanya Rivero to discuss.
The rising cost of consumer goods coupled with the stock market's decline is taking a devastating toll on Americans' retirement plans. This year's sell-off erased more than $3 trillion in value in retirement savings alone. John Leer, chief economist at Morning Consult, spoke with CBS News' Michelle Miller and Elaine Quijano about the affect on Americans' retirement plans.
The S and P 500 has had its worst four-month start to the year since 1939. William Huston, founder and chief investment officer of Bay Street Capital Holdings, joined CBS News' Tanya Rivero to discuss how concerned investors should be.
Gas prices reached another record high Friday. Plus, the U.S. is seeing a shortage of diesel that could spell trouble in the summer months. Tom Kloza, head of energy analysis at the Oil Prices Information Services, joins CBS News to discuss rising gas prices and what drivers can expect in the coming months.
Stock markets tumbled a day after the Federal Reserve announced an interest rate hike to combat inflation. Gargi Chaudhuri, head of iShares Investment Strategy, Americas at Blackrock, joins CBS News' Tanya Rivero and Mola Lenghi to break down the trading day and the Fed's decision.
The manufacturing sector reported Wednesday it boosted production in May. Also, major stock indexes ended the month with slight gains. But investors and some financial experts are still fearful of a recession. Yahoo Finance reporter Alexandra Semenova joined CBS News after the closing bell on Wall Street to discuss why there are warnings of a possible recession despite positive signs in the economy.
Sarah Henry, managing director and portfolio manager at Logan Capital Management, joins CBS News at the closing bell on the New York Stock Exchange to break down what's driving the market, and how inflation is impacting consumers.
The Federal Reserve announced a 0.25% interest rate hike -- the first increase since 2018. The Wall Street Journal's chief economics correspondent Nick Timiraos, author of "Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster," joins CBS News to explain what this means for American consumers.
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
The Dow Jones saw its biggest point loss in a single day since the pandemic began. Robert Schein, chief investment officer at Blanke Schein Wealth Management, joins CBS News at the closing bell to break down the day of losses on Wall Street.
Millions of American's are losing money in their 401K as stocks fall. Frances Stacy, director of strategy at Optimal Capitol, joins CBS News with advice on how to protect your retirement funds.
Stock markets tanked early Friday after news that May's Consumer Price Index rose more than economists expected. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joined CBS News to discuss the market's reaction to rising inflation.
The Dow Jones Industrial Average recorded its worst day since October 2020 on Friday. Christine Benz, the director of personal finance at Morningstar, joins CBS News' Tanya Rivero to discuss.