Robinhood Now Allows More Trading Hours. Stock Gains 22%
(Robinhood) Shares of Robinhood Markets Inc. surged more than 22% on Tuesday after allowing users to extend trading to between 7 a.m. ET and 8 p.m. ET. The extended trading…
US Consumer Confidence Improves Slightly in March, but Americans Still Less Upbeat
(The Conference Board) The index of consumer confidence in the US was recorded at 107.2 in March, an improvement from 105.7 the previous month. A further improvement was noted in…
Ripple Co-Founder Larsen Invests $5 Million in Bitcoin Sustainability Campaign
(Bloomberg) Ripple co-founder Chris Larsen wants to promote Bitcoin’s environmental sustainability and has invested $5 million in the “Change the Code” initiative. The initiative, which has earned the support of…
LHC Group Surges 7% on Premium $5.4B Deal by UnitedHealth
(WSJ) Shares of LHC Group Inc. rose more than 7% on Tuesday in premarket after a cash deal to be acquired by UnitedHealth Group Inc. for $5.4 billion. UnitedHealth is…
Nielsen Jumps 20% in Premarket on Reports of a $16B Acquisition by a Consortium
(Nielsen) Shares of Nielsen Holdings rose more than 20% in premarket on Tuesday after news emerged that it agreed a deal by a consortium of private-equity firms. The private equity…
Hong Kong Listed Huobi Tech to Woo Retail Investors with Crypto Tracking ETF
(SCMP) Fund manager Huobi Tech has submitted a proposal to the Securities and Futures Commission in Hong Kong to debut a crypto tracking exchange-traded fund for retail investors. The ETF…
BTC Products Lead Institutional Crypto Inflows as Volumes Rise to a 3-Month High
(CoinShares) The total inflows of digital assets into institutional investments were $193 million last week, the highest level since early December last year. The sharp rise in inflows is a…
NIO Delivers Its First Batch of ET7s, Plans for Two More Models in 2022
(CNBC) Shares of Chinese EV maker Nio rose more than 3% on Monday after saying it has begun deliveries of its debut luxury sedan, the ET7. Nio said the deliveries…
Top Executives Targeted in a New Move by Biden to Cut Share Sales After Buybacks
(NY Times) President Joe Biden's budget proposal will reportedly include a provision barring company executives from selling their shares following a buyback. The administration is making a call to freeze…
Texas Manufacturing Steady but Key Parameters Mixed in March
(DallasFed) The production index, gauging the Texas manufacturing conditions, held steady at 13.2, a mark that indicates a slightly above-average expansion. Key measures of Texas manufacturing were mixed, with the…
US Trade Deficit Narrows by $1.0 Billion in February 2022
(Census Bureau) US recorded an international trade deficit of $106.6 billion in February, down by $1.0 billion from the previous month. The decline in deficit reflected a higher $1.9 billion…
Poly Jumps 48% on News of Premium $40 per Share Acquisition by HP
(HP) Shares of Poly rose more than 48% in premarket on Monday on acquisition by HP Inc. that values the company at $3.3 billion, inclusive of the company’s debt. The…
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