Breaking News: Investing
- Wall Street wrote off Palantir as too expensive. Retail investors can't get enough - The stock, which made its market debut in 2020, is an indisputable star of the retail investing world.
- Citadel to return $5 billion in profit to investors, source says - The firm's flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said.
- Gas prices fall to four-year lows as millions embark on holiday road trips - The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.
- Your CEO wants to be a social media influencer. Is it cool or cringy? - Executives and founders were sold on the idea that social media is good for business. But they're learning the hard way that it's not all it's cracked up to be.
- Friday could be a wild day of trading on Wall Street. Here's why - December options expirations are typically the biggest of the year, but this one eclipses all prior records, Goldman said.
- Robinhood is rolling out NFL parlay and prop bets on prediction markets platform - Robinhood announced Tuesday that users will be able to trade on National Football League games and player performances.
- Trump says he's 'strongly' considering reclassifying pot via executive order - Pot stocks fell on Monday as investors took profits following a record-setting session.
- Goldman Sachs makes big bet on ETFs specializing in downside protection - Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — which use options to help protect against market losses.
- Cannabis stocks surge on reports Trump will reclassify marijuana; Tilray jumps 28% - President Donald Trump will significantly ease federal restrictions on marijuana, according to the Washington Post.
- Trump officials move to end student loan payment pause for millions of borrowers - The Trump administration announced a proposed joint settlement with Missouri that would soon force millions of student loan borrowers into repayment.