Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge
Dave, which makes money by extending loans to cash-strapped Americans, is emblematic of a larger shift that’s still in its early stages, analysts say.
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to other consumers and businesses.
Warren Buffett’s Berkshire Hathaway scoops up Occidental and other stocks during sell-off
Berkshire Hathaway bought over $560 million worth of stocks over the last three sessions.
Stocks making the biggest moves premarket: Novo Nordisk, FedEx, Nike, Starbucks, MicroStrategy and more
These are the stocks posting the largest moves in premarket trading.
Gautam Adani hikes stake in two group companies
Billionaire Gautam Adani-led promoter group has increased stake in two of the group’s listed companies. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses. The promoter group has also increased stake in Adani Ports and Special Economic Zone Ltd.
Stocks making the biggest moves after hours: FedEx, Nike, U.S. Steel and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more
These are the stocks posting the largest moves in midday trading.
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday
The CBOE Volatility Index (.VIX) surged 74% to close at 27.62, up from around 15 earlier in the day.
Stocks making the biggest moves premarket: Micron, Lamb Weston, Darden, Lennar, Carmax and more
These are the stocks posting the largest moves in premarket trading.
CXO pay in India inches close to that of US peers
Indian CXO salaries are catching up to US counterparts. Multinationals and GCCs are giving higher pay and stock options. This rise is due to increased responsibilities and India’s growing importance. The ‘2 in a box’ model promotes collaboration. India’s cost-effectiveness and skilled workforce contribute to this trend.
