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Wall Street jumps for second day; Amazon says Bezos to step down from CEO role
February 16, 2021February 10, 2021 bestuocom

Wall Street jumps for second day; Amazon says Bezos to step down from CEO role

Business

U.S. stocks finished sharply higher for a second straight day on Tuesday, helped by gains in Amazon.com and Google-parent Alphabet ahead of their results and

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Oil jumps 2%, hits highest in a year as producers limit supply
February 15, 2021February 10, 2021 bestuocom

Oil jumps 2%, hits highest in a year as producers limit supply

Business

Oil prices rose 2% on Tuesday, reaching their highest in 12 months after major producers showed they were reining in output roughly in line with

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Exxon investors, unhappy after results, push clean energy
February 14, 2021February 10, 2021 bestuocom

Exxon investors, unhappy after results, push clean energy

Business

Dozens of unhappy investors told Exxon Mobil Corp. on Tuesday to move more quickly and forcefully to improve returns and focus on clean energy, hours

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Robinhood CEO calls for move to real-time settlement of trades
February 13, 2021February 10, 2021 bestuocom

Robinhood CEO calls for move to real-time settlement of trades

Business

It’s time to consider real-time settlement in U.S. equities trading, Robinhood Chief Executive Officer Vlad Tenev said, after the online brokerage suffered immense financial strain

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VRobinhood raises trading limit on five companies
February 12, 2021February 10, 2021 bestuocom

VRobinhood raises trading limit on five companies

Business

Online trading platform Robinhood said on Tuesday it had raised trading limits on stocks of five companies, including GameStop Corp and AMC Entertainment Holdings Inc.

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GameStop bears use options to profit from stock’s plunge
February 11, 2021February 10, 2021 bestuocom

GameStop bears use options to profit from stock’s plunge

Business

Bearish investors are using options to capitalize on a slump in shares of GameStop Corp by more than half their value on Tuesday. Put options,

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Albemarle shares slip on $1.3 billion stock offering
February 10, 2021 bestuocom

Albemarle shares slip on $1.3 billion stock offering

Business

Albemarle Corp shares slipped 1.5% in extended trading on Tuesday after the world’s largest producer of lithium launched a $1.3 billion share offering to fund

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