Financial Markets

Calm Before the Storm? Wall Street Faces Turbulence Amid Economic Lightning Strikes

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Calm Before the Storm? Wall Street Faces Turbulence Amid Economic Lightning Strikes

US stock futures are experiencing a tense calm, causing anxiety among traders and investors on Wall Street. The Dow Jones remains stable, but S&P 500 and Nasdaq Composite futures have dipped, signalling broader market uncertainty. The “Magnificent Seven” stocks’ setbacks are casting a shadow over the Nasdaq, reflecting deeper market fears. President Trump’s trade policies … Read more

Why is Robinhood Stumbling Again? $29.8 Million Answers

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Why is Robinhood Stumbling Again? $29.8 Million Answers

Robinhood Markets faces a significant setback with its stock falling 13% due to regulatory penalties from Finra. Finra highlights Robinhood’s inadequate clearing technology and weaknesses in anti-money laundering (AML) practices. The company’s customers lacked transparency, particularly concerning the transformation of market orders into limit orders through “collaring.” Robinhood’s failure to monitor suspicious trading activities led … Read more