Published: Apr 28, 2022
Meta Platforms surprised Wall Street with a profit beat and Facebook returned to user growth, although Meta forecast a conservative revenue outlook for the current quarter. Its stock rose 19% in after-hours trade on Wednesday (April 27).
Published: Jul 01, 2021
Wall Street wrapped up the first half of 2021 at record highs, with investors defying pessimistic projections of a broader pullback and pushing past concerns of rising inflation and potential rate hikes.
Published: Feb 15, 2021
The Biden administration is sending a clear signal to Wall Street that the industry's Washington cops are back on the beat. Regulators and federal prosecutors are probing potential misconduct in the GameStop trading frenzy, as the Securities and Exchange Commission moves to restore harsher penalties on wrongdoers.
Published: Nov 10, 2020
WASHINGTON - President-elect Joe Biden on Tuesday tapped a number of fierce advocates for Wall Street regulation to his agency review teams, a sign that he could be quickly preparing to take stock of the deregulatory push President Donald Trump has led for almost four years.