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Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.

Tech companies, electric-vehicle makers and some meme stocks are part of the aggregate mix of equities inside the portfolios of Robinhood users, according to a new index from the brokerage app geared at new investors. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, Tesla TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, …

Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks. Read More »

Hacker steals $185,000 in ethereum from Bill Murray after NFT charity auction

A hacker stole about $185.00 worth of ethereum from actor and comedian Bill Murray’s crypto wallet, hours after Murray raised the funds in an NFT charity auction. Coindesk reported that a hacker started to drain Murray’s wallet Thursday, soon after a “Beer With Bill Murray” NFT collectible sold for 119.2 ethereum ETHUSD, +1.70% — about …

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‘The Lord of the Rings: The Rings of Power’ vs. ‘House of the Dragon’ showdown

‘The Lord of the Rings: The Rings of Power’ vs. ‘House of the Dragon’ showdown It’s a fun time to be a high-fantasy fan, as big-budget, small-screen adaptations from both “The Lord of the Rings” and the “Game of Thrones” universes will be streaming for the next two months. Amazon AMZN, +0.83% is betting big …

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Bed Bath & Beyond stock surges again ahead of ‘strategic update’

Shares of Bed Bath & Beyond Inc. surged Monday, to buck a broad-market selloff for a second straight day, as meme-stock investors expressed optimism ahead of the home goods retailer’s strategic update. The stock jumped 7.3% in midday trading, while the S&P 500 index SPX, -0.11% fell 0.7%. On Friday, the stock had climbed 5.9% …

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Here’s everything new to Netflix in September 2022 — and what’s leaving

After a blockbuster summer, Netflix’s release schedule is easing up a bit in September, though it will have new seasons of some fan favorites and at least one potential Oscar-contending original movie. “Cobra Kai” (Sept. 9), the popular “Karate Kid” spinoff, returns its fifth season, with Daniel (Ralph Maccio) and Johnny (William Zabka) joining forces …

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Will AMC’s bold ‘APE’ strategy be a win for the cinema chain?

AMC Entertainment’s AMC Preferred Equity Units, or APEs, made their trading debut on Monday, marking the latest chapter in an eventful journey that took the cinema chain from beleaguered pandemic victim to meme-stock phenomenon. The APE equity APE, +17.00% surged after market open, quickly rising more than 30%, before pulling back to end the session …

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Is the golden age of the meme stock rally over?

Meme stocks have been thrust into the spotlight once again following recent rallies from the likes of GameStop, AMC, and Bed Bath & Beyond, fueled once again by the Wall Street Bets crowd on Reddit. GameStop Corp. GME, -2.81% shares, which are down 9.6% this year, have risen 50.5% in the last three months. AMC …

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AMC goes ‘APE’ as equity units make trading debut

AMC Entertainment’s AMC Preferred Equity Units, or APEs, rose 1.2% on their trading debut on Monday, while the theater chain’s stock fell 38.5%, but analysts were unfazed. Despite concerns expressed by some users on social media about AMC’s stock plunge, analysts say that it was not unexpected, noting the APEs’ similarity with a 2-for-1 stock …

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20 bank stocks expected to benefit the most from rising interest rates as the Federal Reserve fights inflation

When companies report financial results, analysts tend to make comparisons to the year-earlier quarter. But there are times when sequential improvements can be telling. This is one of those times for small and mid-sized banks. Below is a screen that shows which US banks are expected to show the greatest improvement in interest-rate spreads over …

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