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SEC Charges Former Indiana Congressman with Insider Trading

Securities and Exchange Commission suspended trading cherry-picking Stephen Buyer

Stephen Buyer allegedly used inside information to buy $1.5 million in stocks The Securities and Exchange Commission today filed insider trading charges against Stephen Buyer, a former U.S. Representative for Indiana’s 4th Congressional District. According to the SEC’s complaint, after leaving Congress in 2011, Buyer formed a consulting firm, the Steve Buyer Group, which provided ...

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Morningstar: Why We’ve Downgraded ARK Innovation

ARKK ARK Innovation

ARK Innovation ETF (ARKK) shows few signs of improving its risk management or ability to successfully navigate the challenging territory it explores. Its Morningstar Analyst Rating drops to Negative from Neutral as its People and Parent ratings both drop to Below Average from Average.

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SEC announced insider trading charges against three software engineers employed at Twilio

Twilio

Three Twilio company employees along with family and friends charged in $1 million scheme. The Securities and Exchange Commission today announced insider trading charges against three software engineers employed at Twilio

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Roku (ROKU) Earnings

ROKU

Roku (ROKU) reported a fourth-quarter (4Q) net income of $23.7 million, or 0.18/per share, down from $67.3 million, or 0.49/per share, in the year-earlier quarter.

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DraftKings DKNG Earnings

DraftKings

DraftKings (DKNG) released the fourth-quarter earnings report that disappointed investors. DraftKings net loss reached $326.3 million from $242.7 million

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Market Moving News

Market News

Access the latest market news and financial headlines that move the markets today. Stay updated with the market moving news for stocks, commodities, forex and cryptocurrencies.

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Stock Price targets in the Second half of 2021

upgrades and downgrades (2) Outperform

Stock Price targets in the Second half of 2021

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Peloton Shares Rally on Takeover Rumors

PTON Peloton

Peloton (PTON) shares trading 21% higher at 29.83 after rumours that Nike and Amazon (AMZN) approached the company for a potential deal.

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Apple (AAPL) Earnings

$AAPL Apple earnings

Apple (AAPL), posted fiscal Q1 sales of $123.95 billion, up from its prior quarterly revenue record of $111.44 billion achieved the previous year. It is the first time AAPL has surpassed $30 billion in earnings for a three-month period.

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Robinhood (HOOD) Earnings

Robinhood HOOD

Robinhood (HOOD) reported Q1 revenue of $340 million, down 35% compared to 2021. The analyst's consensus estimate was for $448.2 million in revenue for the first quarter.

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