Brokerage firm Robinhood made an announcement on Monday evening regarding the suspension of its overnight trading feature due to an issue with its execution venue, Blue Ocean ATS. This third-party firm, responsible for round-the-clock trading, notified Robinhood that it has temporarily suspended overnight market operations. As a result, 24 Hour Market orders that were open
Over the weekend, Warren Buffett made a surprising decision that caused Apple’s stock to plummet. Berkshire Hathaway revealed in its earnings filing that it had decreased its Apple holding by a significant 49%, leaving many investors bewildered. This move comes at a time when global stock markets are facing uncertainty due to fears of an
Eli Lilly has made significant progress in addressing the shortage of their weight loss injection, Zepbound, and diabetes drug, Mounjaro. The U.S. Food and Drug Administration recently updated their drug shortage database to confirm that all doses of these medications are now available in the United States. This news comes after months of limited availability
As Vice President Kamala Harris runs for the highest office in the United States, her personal financial records have come under scrutiny. The recent tax filings of Harris and her husband, Second Gentleman Douglas Emhoff, reveal a relatively simplistic approach to managing their finances during her tenure as vice president. However, experts suggest that this
Exxon Mobil recently reported its second-highest results for the second quarter in the past decade, driven by record production in Guyana and the Permian Basin. CEO Darren Woods highlighted that the oil produced during the second quarter reached its highest level since the Exxon and Mobil merger in 1999. This impressive production level contributed to
The upcoming Federal Reserve meeting is anticipated to have a significant impact on future interest rate decisions rather than immediate changes. Market analysts are expecting that policymakers will maintain short-term interest rates at their current level, but there is a growing consensus that interest rate cuts may be on the horizon in September. The emphasis
Berkshire Hathaway, the conglomerate led by CEO Warren Buffett, is under the microscope as its cash reserves continue to grow. With the cash pile potentially surpassing $200 billion, Buffett’s recent decision to sell off some of his favorite stocks has raised eyebrows. The sale of investments in Apple, Bank of America, and BYD has led
Coterra Energy recently released its second-quarter results, falling short of Wall Street expectations in terms of sales and earnings. Despite this, the company managed to exceed expectations in terms of production volumes and cash generation. Revenue for the three months ending June 30 saw a 7% increase year over year, totaling $1.27 billion. However, this