INSIDER
Disney says Disney+ streaming service now tops 100 million paid subscribers
Read full article: Disney says Disney+ streaming service now tops 100 million paid subscribersElizabeth Olsen as Wanda Maximoff and Paul Bettany as Vision in Marvel Studios' WANDAVISION exclusively on Disney+. The Walt Disney Co. announced Tuesday its streaming service Disney+ now has more than 100 million paid subscribers worldwide. Disney+ was launched in the United States back in November 2019, just in time for the 2019 holiday season. The announcement Tuesday about the Disney+ subscription milestone was made during a Disney annual shareholders meeting. Right now, Disney is enjoying another hit on the streaming service, โWandaVision.โ Itโs a series based on Marvel Comics characters.
Asian stocks higher after Wall St. rises to new record
Read full article: Asian stocks higher after Wall St. rises to new recordAsian stocks were mostly higher Tuesday after Wall St. rose to a new record. (AP Photo/Lee Jin-man)TOKYO โ Asian stocks were mostly higher Tuesday after Wall St. rose to a new record. Shanghai, Tokyo and Seoul rose while Hong Kong declined. Overnight, Wall Streetโs benchmark S&P 500 index closed 0.7% higher. The Shanghai Composite Index gained 0.7% to 3,558.63 and the Nikkei 225 in Tokyo rose 0.4% to 29,497.51.
Tlaib slams Robinhood after blocking of Reddit-driven stocks like GameStop, AMC
Read full article: Tlaib slams Robinhood after blocking of Reddit-driven stocks like GameStop, AMCMichigan Congresswoman Rashida Tlaib slammed Robinhood on Thursday after the popular investment app restricted support for Reddit-driven stocks. Robinhood messages posted to various company pages like GameStop, AMC and Nokia, inform users that the stock is not supported on Robinhood, or not available for purchase. We fundamentally believe that everyone should have access to financial markets. Related: Robinhood sends market volatility warning to brokerage app usersThe #RobinHood drama is real this morning. The online trading app is not allowing people to buy recent popular stocks like $NOK $AMC & $GMEHowever you can sell your current options.
Robinhood sends market volatility warning to brokerage app users
Read full article: Robinhood sends market volatility warning to brokerage app usersAsian shares skidded on Thursday as a reality check set in about longtime economic damage from the coronavirus pandemic, giving Wall Street its worst day since October. (AP Photo/Ahn Young-joon)Robinhood is warning its brokerage app users about โmarket volatilityโ while small-pocket investors continued their battle with the big players on Wall Street by pouring money into companies like GameStop and AMC. Easy-access trading apps like it are at the center of the war between groups of small investors communicating on social media and Wall Street short sellers. Here are some specific articles from Robinhood Learn to help make sense of market volatility: -- The stock market has been super volatile โ How can I make sense of it? Amid significant market volatility, itโs important as ever that we help customers stay informed.
Robinhood restricts Reddit-driven GameStop, AMC, Nokia stocks, cites โmarket volatilityโ
Read full article: Robinhood restricts Reddit-driven GameStop, AMC, Nokia stocks, cites โmarket volatilityโThis Thursday, Dec. 17, 2020 photo shows the logo for the Robinhood app on a smartphone in New York. Friday morning update: Robinhood lifts some restrictions on buying Reddit-driven GameStop, AMC stocksRobinhood messages posted to various company pages like GameStop, AMC and Nokia, inform users that the stock is not supported on Robinhood, or not available for purchase. We fundamentally believe that everyone should have access to financial markets. Since the halt, stocks impacted have dropped in value. Related: Robinhood sends market volatility warning to brokerage app usersThe #RobinHood drama is real this morning.
Robinhood, TD Ameritrade, other brokerages have tech problems at market open
Read full article: Robinhood, TD Ameritrade, other brokerages have tech problems at market openRobinhood and TD Ameritrade were among the brokerages that reportedly experienced โtechnical difficultiesโ at open. Robinhood, TD Ameritrade & other major brokerages experiencing technical difficulties at open, due to record volume. โ TD Ameritrade (@TDAmeritrade) January 27, 2021There were reports of login issues on the TD desktop site, too. By 11 a.m. the issue was resolved, TD said:Access to the TD Ameritrade Mobile app has been resolved. AdRead more: Stocks fall sharply on Wall Street, led lower by tech stocksRelated: In GameStop saga unfolding on Wall Street, 2 Goliaths fall
Asian stocks mixed after Wall St rally ahead of US debate
Read full article: Asian stocks mixed after Wall St rally ahead of US debateAsian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. (AP Photo/Ahn Young-joon)TOKYO โ Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. Overnight, Wall Street's benchmark S&P 500 index gained 1.6%, led by big tech stocks. โWith a reasonable polling lead, one could argue that Joe Biden has more to lose here than President Trump,โ said Carnell. He said with some potential for gaffes or other colorful moments, the debate might be โcringe-worthy but unlikely to deliver an electoral car-crash for either side.โOn Wall Street, the S&P 500 rose to 3,351.60.
Asia stocks rise as investors shrug off virus worries
Read full article: Asia stocks rise as investors shrug off virus worriesA woman wearing a face mask stands in front of a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, July 6, 2020. Asian stock markets rose Monday as investors looked ahead for data they hope will support optimism about a global economic recovery. (AP Photo/Vincent Yu)BEIJING โ Asian stock markets rose Monday as investors shrugged off rising coronavirus cases in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia advanced. This week, investors are looking ahead to interest rate decisions in Australia and Malaysia.
Report: Quicken Loans is planning to go public
Read full article: Report: Quicken Loans is planning to go publicDETROIT โ Americaโs largest mortgage lender, Quicken Loans, is planning an IPO, according to reports. According to CNBC, billionaire Dan Gilbertโs company has filed paperwork that let it go public by next month. Quicken Loans is working with Morgan Stanley, Goldman Sachs, Credit Suisse and JPMorgan to manage the deal, CNBC reports. The value is expected to be in the tens of billions of dollars worth. Gilbert founded Quicken 35 years ago and eventually moved its headquarters to Downtown Detroit where he has built a real estate empire.
How defensive stocks work
Read full article: How defensive stocks workIf youโre still looking to invest amid the current craziness of the stock market right now, defensive stocks might be a strong option to consider. Defensive stocks are stocks that provide consistent dividends and stable earnings, regardless of the state of the stock market. These include recession-resistant sectors like necessities, utilities, consumer staple and packaging companies. Most of these companies offer dividends that strengthen your portfolio without adding to your risk. More reading on the subject:
Stocks sink at open, triggering another 15-minute halt in trading amid virus concerns
Read full article: Stocks sink at open, triggering another 15-minute halt in trading amid virus concernsThe worldโs brightest spot may have been Japan, where the central bank announced more stimulus for the economy, and stocks still lost 2.5%. The spreading coronavirus is causing businesses around the world to shut their doors, which is draining away revenue. The S&P 500 fell more than 8% within the first few minutes of trading, enough to trigger a 15-minute halt to trading. Many investors expect markets to remain volatile until the number of new infections stops accelerating. Theyโre hopeful that big spending programs from the U.S. government can help carry the economy in the meanwhile.
Coronavirus pandemic leads to staggering swings on Wall Street
Read full article: Coronavirus pandemic leads to staggering swings on Wall StreetDETROIT โ From the cancellation of virtually every major sporting event to more confirmed cases popping up around the country, the coronavirus pandemic has taken center stage in the United States. Thereโs also been a massive sell-off on Wall Street. The predominant feeling Thursday on Wall Street is that whatโs being done to stop the spread of coronavirus isnโt sitting well enough with investors. All the indexes closed down roughly 10% -- the DOW down 2,353 points, the S&P down 260 pounds, the NASDAQ down 750 points. Thursday marked another historic milestone as we saw the worst sell-off since Black Monday in 1987.
Coronavirus pandemic leads to staggering swings on Wall Street
Read full article: Coronavirus pandemic leads to staggering swings on Wall StreetCoronavirus pandemic leads to staggering swings on Wall StreetPublished: March 12, 2020, 5:36 pmFrom the cancellation of virtually every major sporting event to more confirmed cases popping up around the country, the coronavirus pandemic has taken center stage in the United States. Thereโs also been a massive sell-off on Wall Street.
Trading halted on Wall Street after stocks plunge 7% at open
Read full article: Trading halted on Wall Street after stocks plunge 7% at openWorries are rising that the White House and other authorities around the world canโt or wonโt do whatโs needed to help soon. The S&P 500 dropped about 7% within the first few minutes of Thursdayโs trading, steep enough to trigger an automatic halt to trading on the New York Stock Exchange. European stocks tumbled 8%, even after the European Central Bank pledged to buy more bonds and offer more help for the economy. In Thailand and the Philippines, stocks fell so fast that trading was temporarily halted. Treasury yields, which were one of the first markets to sound the alarm on the economic risks of the virus, fell in morning trading.
Complicated chaos: How stock market dip can benefit consumers
Read full article: Complicated chaos: How stock market dip can benefit consumersDETROIT โ The stock market took hits Monday, but there is gain among those losses. Stocks had their worst day since the 2008 shutdown, fueled by coronavirus fears and a fall in oil prices. MORE: Dow drops 7.8% as free-fall in oil, virus fears slam marketsWhile the market is feeling pain, thereโs some benefits consumers can expect as a result. Right now, the 30-year fixed rate is 3.15 percent. The 15-year fixed rate is 2.8 percent.