Investing
Massachusetts regulators have fined the online brokerage firm Webull $500,000 for what they describe as lax compliance operations that failed to keep pace with a steep increase in the firm’s customer base. Webull, launched in 2018, enjoyed rapid growth, eventually topping six million accounts, including more than 100,000 in Massachusetts.…
At least one area of the economy is still booming: data centers. That’s clear from the expanded partnership announced Thursday between electrical hardware and software giant Schneider Electric and Compass Datacenters. Compass builds data centers and Schneider (ticker: SU.France) produces equipment that makes data centers work. The expanded partnership is…
Being rich offers little protection against making costly financial mistakes. For this week’s Barron’s Advisor Big Q, we asked financial advisors to identify errors that very wealthy individuals tend to make. One mentioned clients who overly concentrate stockholdings in the companies they work for. Another said she’s seen estate plans…
Founding Father James Madison could stare out at the Blue Ridge Mountains from the second-story library at his famous Montpelier, Va., home. To Madison, both the land beyond those peaks and drafting the nation’s Constitution represented the possibilities of what America could be.That idea—what America could be—is still the ethos…
Shares MIcroStrategy Inc. MSTR, +3.06% surged 2.9% in afternoon trading Friday, to put them on track to close at the highest price since March 29, 2022. The software company and bitcoin play‘s stock was headed for a 10th straight gain, which would be the longest win streak since the 10-day…
E.l.f. Beauty Inc.’s stock ELF, -4.38% tumbled 6% on Friday, after short seller Spruce Point Capital Management said the company has ties to the now-defunct NXIVM cult and may use some of its teaching in its marketing. The cult’s leader Keith Raniere was sentenced to 120 years in prison in…
Shares of Microsoft Corp. MSFT, +2.49% hiked up 2.4% afternoon trading Friday, toward its third record close in the past four sessions. The stock has now soared 12.6% over the past 11 sessions, in which is has gained 10 times, including a nine-day winning streak through Nov. 8 that was…
Intel Corp. shares INTC, +2.80% were up 2.8% in afternoon trading Friday and flirting with their highest close in more than 15 months, according to Dow Jones Market Data. The stock traded as high as $38.99 earlier in the session and recently changed hands at $38.86. A close above $38.86…
U.S. stocks rebounded strongly Friday, perking back up a day after the S&P 500’s longest win streak in two years was snapped. The Dow Jones Industrial Average DJIA, +1.15% closed about 391 points higher Friday, or 1.2%, ending near 34,283, according to preliminary FactSet data. The S&P 500 index SPX,…
Most large cryptocurrencies were up during morning trading on Friday, with Solana SOLUSD, +3.60% seeing the biggest move, jumping 11.93% to $50.46. Seven additional currencies posted increases Friday. Uniswap UNIUSD, +2.44% climbed 5.59% to $5.16, and Polkadot DOTUSD, +1.61% climbed 2.78% to $5.03. Dogecoin DOGEUSD, +6.79% rose 1.59% to 7…