Six Million New Users Bought Crypto On Robinhood In 2021: Report

Benzinga - 7min

According to a report from trading app Robinhood, six million new users bought cryptocurrencies in 2021 alone.

L3Harris raises dividend by 20%, to push implied yield to over 2.2%

MarketWatch - 13min

L3Harris Technologies Inc. declared Friday a quarterly dividend of $1.02 a share, which marks a 20% increase from the previous quarterly dividend of 85 cents a share. The aerospace and defense company's new dividend will be payable March 26 to shareholders of record on March 12. The stock fell 2.2% to $182.87 in afternoon trading. Based on the current stock price, the new annual dividend rate implies a dividend yield of 2.23%, compared with the yield for the SPDR Industrial Select Sector ETF of 1.51% and the implied yield for the S&P 500 of 1.51%, according to FactSet. L3Harris's stock has dropped 13.1% over the past 12 months, while the industrial ETF has gained 17.6% and the S&P 500 has advanced 22.7%.

Robinhood in Talks to Settle Finra Probes Into Options-Trading Practices, Outages

WSJ Markets - 15min

The stock-trading app is in talks to pay a fine to settle investigations into its options-trading practices and outages the stock-trading app suffered in March 2020.

Morgan Stanley Upgrades Carvana As It Targets New Markets, Nearly Doubles Price Target

Benzinga - 22min

Carvana Co (NYSE: CVNA) seems “uniquely positioned” to cater to a total addressable market far beyond the used car market, according to Morgan Stanley.

Nasdaq's rally comes in the face of bearish market breadth

MarketWatch - 26min

The Nasdaq Composite surged 1.0% in afternoon trading, but market internals are actually telling a rather bearish story. The number of Nasdaq-listed stocks declining topped advancers 2,259 to 1,632, and the volume of stocks losing ground is making up 54.5% of total volume. On the NYSE, decliners led advancers 1,803 to 1,382, while down volume was 69.0% of total volume. The Dow Jones Industrial Average was more reflective of the overall market's performance, as it fell 347 points, or 1.1%, while the S&P 500 was little changed.

Boost to Household Income Primes Economy for Growth

WSJ USBusiness - 29min

U.S. household income jumped 10% in January as the government delivered stimulus payments to households and consumer spending rose 2.4%, priming the economy for a burst in growth this year.

MagicMed's Psybrary™ Moves Modern Psychedelics Forward

Benzinga - 32min

A resurgence of interest in psychedelics has come to the forefront as researchers look to create alternative treatment solutions for a growing patient base. 

Gold futures down a fourth session, at lowest finish since June

MarketWatch - 43min

Gold futures fell for a fourth consecutive session on Friday to finish the session at their lowest since June, with the recent rise in U.S. Treasury yields putting pressure on prices for the metal. "Gold always underperforms when the dollar is going up or real interest rates are rising," said Collin Plume, founder and chief executive officer of Noble Gold. The 10-year Treasury note yield eased back Friday, but had climbed to a 52-week high at 1.513% on Thursday, while the dollar has gained for the week, dulling investment demand for gold. April gold fell $46.60, or 2.6%, to settle at $1,728.80 an ounce, with prices for the most-active contract down roughly 6.6% for the month of February, according to Dow Jones Market Data. The settlement was the lowest since June 2020.

Jon Najarian Sees Unusual Option Activity In Snap, Zynga

Benzinga - 46min

On CNBC's "Fast Money Halftime Report," Jon Najarian gave some unusual option activity plays. Najarian sees unusual activity in:

8 Communication Services Stocks Showing Unusual Options Activity In Today's Session

Benzinga - 46min

This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.

10 Information Technology Stocks With Unusual Options Alerts In Today's Session

Benzinga - 47min

This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.

10 Consumer Discretionary Stocks With Unusual Options Alerts In Today's Session

Benzinga - 47min

This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.

Pokemon Announces Highly Anticipated Diamond And Pearl Remakes: Why Investors Should Watch Nintendo Stock

Benzinga - 51min

The Pokemon Company, which is is celebrating its 25th anniversary in 2021, unveiled new video games Friday.

Yellen Removes Obstacle to Global Corporate-Tax Deal

WSJ USBusiness - 51min

The U.S. dropped a Trump administration demand in global corporate-tax negotiations, removing one obstacle to an agreement on adapting the tax system to the digital economy.

Investors Await Warren Buffett's Annual Letter

WSJ Markets - 1hr

Berkshire Hathaway’s chairman is set Saturday to provide insights into the state of the U.S. economy and markets amid the pandemic.

Netflix Publishes Diversity Study, Commits $100M To Diversity Representation

Benzinga - 1hr

Netflix Publishes Diversity Study, Commits $100M To Diversity Representation

U.S. intelligence report says Saudi crown prince approved capture or killing of Khashoggi

MarketWatch - 1hr

A U.S. intelligence report released Friday said Saudi Arabian Crown Prince Mohammed bin Salman approved an operation "to capture or kill Saudi journalist Jamal Khashoggi." The report, dated Feb. 11, is partially redacted and comes from the Office of the Director of National Intelligence. Khashoggi died in Istanbul in October 2018. Read more about the intelligence report.

More Than 300 Girls Kidnapped in Latest Nigerian School Abduction

WSJ World - 1hr

Kidnapping for ransom has become a lucrative industry across Africa’s most populous nation.

Baker Hughes data show a weekly climb in U.S. oil-drilling rigs

MarketWatch - 1hr

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil climbed by four to 309 this week. That followed a modest fall of one rig in the previous week, which marked the first weekly decline since November. The total active U.S. rig count, which includes those drilling for natural gas, was up five at 402, according to Baker Hughes. April West Texas Intermediate crude continued to decline following the data, down $1.50, or 2.4%, to $62.03 a barrel on the New York Mercantile Exchange.

FDA Requires Additional Data On Merck COVID-19 Drug, EUA Moved Back

Benzinga - 1hr

FDA Requires Additional Data On Merck COVID-19 Drug, EUA Moved Back

Regeneron's COVID-19 Antibody Cocktail Wins EU Positive Opinion

Benzinga - 1hr

Regeneron's COVID-19 Antibody Cocktail Wins EU Positive Opinion

Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Up 5, U.S. Oil Rigs Up 4.

Benzinga - 1hr

(NYSE:USO) Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Up 5, U.S. Oil Rigs Up 4.

European Medicines Agency's CHMP Backs Approval Of Cabometyx/Opdivo Combo In Kidney Cancer

Benzinga - 2hr

European Medicines Agency's CHMP Backs Approval Of Cabometyx/Opdivo Combo In Kidney Cancer

Sony Pictures Forms Multi-Year Partnership With Lions Gate Over Home Entertainment Distribution

Benzinga - 2hr

Sony Pictures Forms Multi-Year Partnership With Lions Gate Over Home Entertainment Distribution

Palantir's stock set to suffer the biggest weekly selloff since going public

MarketWatch - 2hr

Shares of Palantir Technologies Inc. have seesawed to a loss of 0.6% in midday trading, reversing an earlier intraday gain of as much as 2.3%, as the data integration and software company's stock is set to suffer its worst week since going public. The stock has plunged 17.8% this week, as it is set to lose ground in every session, and is on track to decline in 11 of the past 12 trading days. That would be the biggest one-week selloff since the stock went public on Sept. 30, surpassing the previous record drop of 15.1% for the week ended Dec. 31. During the stock's recent weakness, a number of insiders made millions trading the stock. The stock has now lost 18.0% over the past three months, while the S&P 500 has gained 6.0%.

U.S. Stocks Waver After Tech Selloff

WSJ Markets - 2hr

U.S. stocks struggled to right themselves Friday, one day after a sharp selloff in technology stocks amplified fears that equity valuations got overheated.

12 Industrials Stocks Moving In Friday's Intraday Session

Benzinga - 2hr

12 Industrials Stocks Moving In Friday's Intraday Session

Carvana stock has 60% upside, Morgan Stanley says

MarketWatch - 2hr

Adam Jonas at Morgan Stanley on Friday upgraded his rating on Carvana Co. stock to the equivalent of buy and with a price target of $420, from $225. The price target represents a 60% upside from recent share prices. Describing Carvana as "just a 'used car dealer' is like describing ( Inc. ) nearly two decades ago as just an online book seller," Jonas said. The company, which became public in 2017, "has internally developed a range of capabilities to be successful in the used-car business," the analyst said. Carvana late Thursday reported mixed fourth-quarter results, posting a wider-than-expected loss but sales that at $1.8 billion beat consensus of sales around $1.6 billion.

Americans of All Stripes Are Flush With Cash

WSJ Markets - 2hr

Savings rates have spiked and many American households are sitting on large cash balances.

U.S. Treasury Yields Steady

WSJ Markets - 2hr

The yield on the benchmark 10-year Treasury note recently traded around 1.501%, according to Tradeweb, down from 1.513% at Thursday’s close.

U.S. Treasury Yields Steady

WSJ USBusiness - 2hr

The yield on the benchmark 10-year Treasury note recently traded around 1.501%, according to Tradeweb, down from 1.513% at Thursday’s close.

Biden administration to work with private sector in educating public on face masks and vaccination

MarketWatch - 2hr

The administration of U.S. President Joe Biden said Friday it is launching a new initiative with private sector companies, asking them to encourage workers to wear face masks and provide incentives to get vaccinated against the coronavirus illness COVID-19. White House coronavirus adviser Andy Slavitt said companies will be asked to communicate with customers and help educate them on the benefits of both masking and vaccination. Slavitt will host a conference call later Friday with business owners to lay out a call to action and ask them to use their resources with the effort. His comments came as the head of the CDC warned that recent declining case numbers and hospitalizations are beginning to stall while still at high levels, and called on Americans and state leaders not to lift restrictions on movement.

Bitcoin Might Be Flying, but It's No Longer Floating

WSJ Markets - 2hr

A cruise ship re-christened MS Satoshi was meant to be a floating blockchain hub, but insurance companies insisted on being paid in legal tender.

How Reddit Renegades Helped Theater Giant AMC Avoid a Tragic Ending

WSJ USBusiness - 2hr

The world’s largest chain of cinemas found some unlikely allies in its quest to stay afloat through the pandemic.

Defense contractor Leonardo DRS files for an IPO

MarketWatch - 3hr

Leonardo DRS Inc., a Virginia-based defense contractor, has filed Friday for an initial public offering. The number of shares being offered, or the expected price of the shares, have not yet been determined, but the company said it expects to have 145 million shares outstanding after the IPO. The company said it would not receive any proceeds from the IPO, as all the shares will be offered by a selling stockholder. Leonardo said it has applied to have its stock listed on the NYSE under the ticker symbol "DRS." Goldman Sachs, BofA Securities and J.P. Morgan are the lead underwriters. The company recorded net earnings of $85 million on revenue of $2.78 billion in 2020, compared with earnings of $75 million on revenue of $2.71 billion in 2019. The company is looking to go public at a time that the Renaissance IPO ETF has advanced 10.2% over the past three months, while the S&P 500 has gained 5.8%.

CDC head says declining cases of COVID-19 and lower hospitalization trends are stalling

MarketWatch - 3hr

The head of the Centers for Disease Control and Prevention said Friday that a decline in cases of the coronavirus-borne illness COVID-19 and a reduction in the number of patients that need to be hospitalized are beginning to stall, and urged Americans to continue to comply with public health measures. "Things are tenuous," Dr. Rochelle Walensky said at a White House briefing. "Now is not the time to relax restrictions." The U.S. is still averaging about 70,000 cases a day and the seven-day average is higher today than it was earlier in the week, she said. "This recent shift in the pandemic must be taken seriously," she said. If the infection rate remains at such a high level, the virus, and new variants of the virus, will continue to spread, she said. "We may be done with the virus, but the virus is not done with us," she said. Dr. Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases, agreed. Fauci said the U.S. will be out of the woods until the positivity rate falls below 10%, and it has far more vaccines than are available today. "The curve will go down and with more people vaccinated, they will keep it at that baseline because the virus won't have really free rein to infect anybody it wants to."

Birkenstock, Once a Fashion Faux Pas, Snapped Up by LVMH's Arnault

WSJ USBusiness - 3hr

The deal is a sign of how far the luxury world has come around to the German sandal maker.

Select Medical stock soars after upbeat earnings and outlook prompts a double upgrade at BofA

MarketWatch - 3hr

Shares of Select Medical Holdings Corp. soared 19.5% toward a record in morning trading Friday, after the medical rehabilitation services company reported a fourth-quarter profit that rose well above expectations and provided an upbeat outlook, prompting BofA Securities analyst Kevin Fischbeck to swing to bullish from bearish. The company reported late Thursday earnings per share rose to 57 cents from 24 cents, above the FactSet consensus of 36 cents, the seventh-straight quarter that EPS beat forecasts. Revenue grew 6.2% to $1.46 billion, beating expectations of $1.41 billion. The company said it expects 2021 EPS of $2.26 to $2.48, compared with the FactSet consensus at the end of January of $1.64. BofA's Fischbeck double upgraded the stock (SEM) to buy from underperform, while raising his price target to $36 from $30. "SEM has been a net beneficiary from COVID, and there is now reason to believe that a decent amount of the critical illness recovery hospitals (CIRH) share shift that occurred will be sustained post-COVID, while the outpatient businesses rebound," Fischbeck wrote in a note to clients. The stock, on track for the second-biggest one-day gain since going public in September 2009, has run up 28.8% over the past three months, while the SPDR Health Care Select Sector ETF has tacked on 4.5% and the S&P 500 has gained 5.7%.

Investors Piled into This Magical Money Machine. Now They're Stuck.

WSJ Markets - 3hr

‘Safe’ places to earn a good return are sometimes too good to be true. How come investors keep having to learn that lesson the hard way?

Past marijuana use won't automatically disqualify Biden's White House staff: report

MarketWatch - 3hr

President Joe Biden's administration is issuing new guidelines Friday meant to address a hurdle tied to recreational marijuana that it faced as it aims to quickly fill key White House positions, said an NBC News report citing unnamed officials. The White House on a case-by-case basis will waive a requirement that potential appointees be eligible for a "Top Secret" clearance, and the waiver only would be granted to those who have used marijuana to a limited degree and who are in positions that don't ultimately require a security clearance, the report said.

S&P 500 briefly knifes below 50-day moving average before bouncing back Friday morning

MarketWatch - 4hr

The S&P 500 index momentarily jolted below a short-term trend line for the first time this month as a rise in bond yields was forcing a powerful rotation in markets out of highflying stocks. The S&P 500 was trading at 3,821 at last check but had slipped beneath its 50-day moving average in Friday morning action at 3,808.60, according to FactSet data. Market technicians and chart watchers tend to use moving averages as demarcation line between short-term and long-term bullish and bearish trends. The broader market also was under pressure with the Dow Jones Industrial Average briefly losing its grip on a psychologically significant level at 31,000 and flirting with a trade below its 50-day MA at 30,865.83. The Nasdaq Composite Index was struggling to hold higher, however, trading up less than 0.1% higher with the index having breached its 50-day MA then at 13,284.23 on Thursday, FactSet data show.

J&J Covid-19 Vaccine Is Effective Across Demographic Groups, FDA Scientists Say

WSJ USBusiness - 4hr

The testimony comes before an all-day meeting of a panel of medical experts. The meeting—and its outcome—is the last step before the U.S. Food and Drug Administration decides whether to authorize the single-dose vaccine.

Canada Pension Fund CEO Resigns After U.A.E. Vaccine Trip

WSJ World - 4hr

The Canada Pension Plan Investment Board said it accepted the resignation of Chief Executive Mark Machin, a day after the Journal reported he had traveled to the U.A.E. and received a Covid-19 vaccination there.

Homebuilder ETFs rally as housing stays hot

MarketWatch - 4hr

Exchange-traded funds with exposure to residential construction and design stocks gained Friday as most other sectors remained under pressure. The iShares U.S. Home Construction ETF was 1.3% higher mid-morning, and the SPDR S&P Homebuilders ETF was up 0.8%. The broader Hoya Capital Housing ETF gained 0.5%. All three funds are beating the broad stock market in the year to date, with gains of 6.8%, 7%, and 9.2%, respectively. Demand for privacy and more flexible home-work arrangements during the pandemic, as well as interest in design and renovation, have helped buoy shares of housing-related companies.

Stocks open mixed after bond rout sparks worst week in a month

MarketWatch - 5hr

U.S. stocks started Friday's session TK after lurching lower over the past few days as bond yields spiked. The Dow Jones Industrial Average dipped 35 points, 0.1%, to open near 31,367, while the S&P 500 gained 14 points, 0.4%, and traded near 3,843. The Nasdaq Composite added 113 points, 0.9%, opening near 13,233. Bonds have sold off as traders grow uneasy about the pace of economic recovery, and the central bank's commitment to supporting markets. As yields rise, many stocks, especially pricey ones in growth-oriented sectors, become less attractive. The tech-heavy Nasdaq is on track for its worst week since October. Strong personal spending data out Friday morning confirmed that fiscal spending is flowing through to the economy. That's helping companies like Shake Shack Inc. , which on Thursday reported a quarterly loss that was lower than analysts had expected.

U.S., South Korea Near a Deal Over Cost of U.S. Forces

WSJ World - 5hr

The Biden administration and South Korea are closing in on an agreement that would resolve a yearslong dispute over how to share the cost of American troops based on the Korean Peninsula.

Market timer McClellan swings to short-term bullish on stocks, for first time in 3 weeks

MarketWatch - 5hr

Market timer Tom McClellan, publisher of the "McClellan Market Report," has swung to short-term bullish on stocks from bearish, following the "scary selloff" he's been waiting for in the previous session. He said market breadth was "terribly negative" on Thursday, as the S&P 500 tumbled 2.5%, resulting in an oversold reading that "may be enough" to counteract the market's bearish message. He also noted that the CBOE Volatility Index , known by many as Wall Street's fear gauge, spiked 35% on Thursday amid the market's selloff. "Generally speaking, any VIX jump of 10% or more on a single day is a pretty good marker of a sentiment washout. The bigger the better," McClellan wrote. "This does not mean that this has to be the final price low, but it is a pretty good sign of one." S&P 500 futures were recently up 0.4% at 3,844, bouncing off an earlier loss of about 3,809. The last time McClellan as short-term bullish on stocks was after the Feb. 5 close. He turned neutral after the Feb. 8 close, then turned bearish after the Feb. 17 close. From Feb. 17 through Thursday, the S&P 500 had lost 2.6%.

DoorDash, Etsy, DraftKings, GameStop: What to Watch When the Stock Market Opens Today

WSJ Markets - 5hr

The yield on 10-year Treasurys ticked down after hitting its highest level in a year.

Guardion Health stock tumbles after reverse stock split announcement

MarketWatch - 6hr

Shares of Guardion Health Sciences Inc. tumbled 24.0% in premarket trading Friday, after the medical foods company focused on ocular health said it was implementing a 1-for-6 reverse stock split, to help maintain listing requirements. The reverse split will go into effect with the opening of trading on March 1, meaning stock price on Monday will start at six-times Friday's closing price. The company said on Sept. 20, it received a letter from the Nasdaq's listing qualifications department regarding noncompliance with the $1.00 per share minimum bid price requirement. The stock had closed at 20 cents on Sept. 30, then rose to a closing high of $1.16 on Feb. 16, before tumbling to close Thursday at 69 cents. In the company's latest quarterly filing in November and annual report filed a year ago, the company has said there is substantial doubt about its ability to continue as a going concern. Reverse stock splits are often viewed by investors as confirmation of a companies troubles. Despite the troubles, the stock has more than doubled (up 127.7%) over the past 12 months, while the S&P 500 has gained 22.9%.

Post-Covid-19, Shipping Tailwinds Will Still Be Strong

WSJ Markets - 6hr

Shares such as Cosco have benefited from surging trade during the pandemic.

Wildfires Leave Forestry Companies Struggling for Insurance

WSJ World - 6hr

Fire seasons are lasting longer and growing more intense, prompting insurers to raise prices or pull back coverage for timber plantation owners around the world.

GameStop shares jump 13% premarket as stock looks poised for another day of high-volume activity

MarketWatch - 6hr

GameStop Corp. shares rose 13% in premarket trade Friday, and looked poised for another day of high-volume activity. The videogame retailer's stock is on track for gains of 168% on the week after a move that began late Wednesday and continued through Thursday. In the absence of market-moving news, the move is again being attributed to activity on Reddit’s WallStreetBets forum. Other meme stocks that were swept up in a trading frenzy in January were also active. AMC Entertainment Holdings Inc. was down 0.2%, BlackBerry Ltd. was down 2.4%, Naked Brand Group Ltd. was down 4% and Koss Corp. was down 8%. Year-to-date, GameStop has gained 477%, while AMC is up 291%, after investors on that Reddit forum sought to create a short squeeze in both stocks in January. The unusual moves led to a congressional committee hearing last week at which executives from Reddit, the trading app Robinhood, Citadel and Melvin Capital answered questions, alongside individual investor Keith Gill - aka 'Roaring Kitty

SPAC Frenzy Emboldens Silicon Valley Startups to Forgo Venture Funding

WSJ USBusiness - 7hr

Private companies used to raise round after round of venture capital before listing publicly. But thanks to SPACs, more zero-revenue startups than ever before are jumping into the public markets with valuations exceeding $1 billion.

Canadian cannabis company Cronos posts wider-than-expected Q4 loss but revenue beats estimates

MarketWatch - 7hr

Cronos Group Inc. shares slid 3% in premarket trade Friday, after the Canadian cannabis company posted a wider-than-expected loss for the fourth quarter, but revenue that beat estimates. The Toronto-based company swung to a net loss of $111.7 million, or 31 cents a share, in the quarter, after income of $61.6 million, or 17 cents a share, in the year-earlier period. Revenue net of excise taxes came to $17.0 million, up from $7.3 million a year ago. The FactSet consensus was for a loss per share of 8 cents and revenue of $13.3 million. Revenue gains were driven by continued growth in the Canadian recreational cannabis market, sales in the Israeli medical market and growth in the U.S. segment, the company said in a statement. That was partly offset by non-recurring wholesale revenue in the Canadian market in the year-earlier quarter and price cuts on various adult-use products in Canada in the recent quarter. The company wrote down $15 million of dried cannabis inventory and cannabis extracts, mostly due to price pressure in Canada. "The company may incur further inventory write-downs due to pricing pressures in the marketplace," said the statement. Cronos said its Happy Dance brand, a line of vegan, U.S. hemp-derived CBD bath and body products co-founded by actress Kristen Bell, has secured a first U.S. retailer in Ulta Beauty and expects to launch online and in-store in the coming weeks. Shares have gained 77% in the last 12 months, while the Cannabis ETF has gained 91% and the S&P 500 has gained 23%.

AMC Networks stock set to rally after big profit and revenue beats

MarketWatch - 7hr

Shares of AMC Networks Inc. were indicated up about 2% in premarket trading Friday, with the media company, which TV channels include AMC, IFC, SundanceTV and BBC America, reported fourth-quarter profit and revenue that were well above expectations, citing strength in its streaming services. The company swung to net income of $94.7 million, or $2.09 a share, from a loss of $8.6 million, or 15 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $2.72 from $1.69, beating the FactSet consensus of 50 cents. Revenue slipped 0.6% to $780.3 million but was above the FactSet consensus of $705.0 million, with national networks revenue falling 3.0% to $571.2 million but beating expectations of $517.3 million. Distribution revenue fell 1.2%, as content licensing declined 1.8% and subscription revenue dropped 1.1%. "AMC Networks is now the worldwide leader in targeted streaming and, with the addition of our new AMC+ premium bundled offering, streaming is now the most significant growth area of our company," said Chief Executive Josh Sapan. The stock has soared 60.1% over the past three months, while the S&P 500 has gained 5.5%.

Airbnb Can Settle Into a Post-Pandemic Market

WSJ Markets - 7hr

Against all odds, Airbnb might be a relatively safe place to rest both your family and your money in 2021.

As Yields Rise, Beware the Hidden Risks in Ultralong Bonds

WSJ Markets - 8hr

Rising bond yields pose an outsize threat to one asset class in particular: ultra-long-dated debt.

GameStop Resurgence Reinforces New Reality for Hedge Funds

WSJ Markets - 9hr

Investors have pared back their bearish bets a full month after the GameStop frenzy took off, showing the lasting effects of the Reddit-fueled saga on funds that make money by shorting.

Grid Reliability Is Feasible, but at What Cost?

WSJ Markets - 9hr

Everybody can agree that electricity grids should be more reliable. It will be much harder to agree on what price to pay for that safety.

Mortgage IPO Boom Wanes

WSJ Markets - 9hr

Initial public offerings for mortgage lenders haven’t worked out the way all the companies were hoping.

Covid-19 Vaccine 'Passports' Raise Ethics Concerns, Logistical Hurdles

WSJ World - 9hr

The U.K. is weighing whether Britons will need proof of vaccination or a negative Covid-19 test to visit bars and return to the office, and Israel is issuing vaccination “passports” for going to hotels and gyms.

In Hunt for Covid-19 Origin, Patient Zero Points to Second Wuhan Market

WSJ World - 9hr

WHO Investigators are seeking information about a second food market in the Chinese city after the first officially confirmed Covid-19 case, dubbed patient zero, told them his parents had shopped there.

UPS Boss Preaches the Power of No

WSJ USBusiness - 9hr

Carol Tomé has been shifting the delivery giant’s focus to the bottom line, weeding out less-profitable customers in a high-speed overhaul

Airbnb's Loss Widens as IPO Costs Add to Pandemic Hit

WSJ USBusiness - 17hr

Home-sharing giant posts a steep annual loss in its first earnings as a public company, as costs tied to its market debut capped a year in which the pandemic ravaged the travel industry.

Fed Attributes Payment Systems Outage to 'Human Error'

WSJ USBusiness - 19hr

The mistake caused key financial services to shut down for about four hours Wednesday.

AT&T Carves Out Pay-TV Business in Deal With TPG

WSJ USBusiness - 20hr

AT&T agreed to sell a stake in its pay-TV unit to private-equity firm TPG and carve out the struggling business, pulling the telecom giant back from a costly wager on entertainment.

DoorDash Sees a Year of Slower Growth

WSJ USBusiness - 20hr

The food-delivery service sees the days of breakneck growth coming to an end as vaccinations sweep the country and the economy crawls toward reopening.

U.S. Farmers are Planting More Row Crops Than Ever

WSJ Markets - 20hr

The U.S. Department of Agriculture projects that farmers will plant 182 million acres of corn and soybeans in 2021, an all-time high.

Costco to Raise Minimum Hourly Wage to $16

WSJ USBusiness - 20hr

The retailer tops Amazon and splits with Walmart, which is keeping starting pay at $11 an hour.

Tesla Temporarily Halted U.S. Production Over Parts Shortage

WSJ USBusiness - 20hr

Elon Musk says car maker paused activity at its U.S. plant because of parts shortages but has restarted operations.

GameStop's Stock Posts Big Swings, Retail ETF Follows

WSJ Markets - 20hr

The return of volatility to GameStop shares has dragged investors in State Street’s SPDR S&P Retail ETF along for the ride once again.

Mr. Potato Head Isn't Going Away. Meet the New Potato Head Family.

WSJ USBusiness - 20hr

Hasbro is dropping the “Mister” from the brand name and rolling out an inclusive family toy set, but will keep Mr. and Mrs. Potato Head characters.

GameStop, Other Meme Stocks Leap

WSJ Markets - 21hr

The videogame retailer’s shares jumped, in a rally reminiscent of last month’s blockbuster gains. Shares of other “meme” stocks—ones that are popular on Reddit’s WallStreetBets forum—also rose.

Coinbase Files for Public Offering

WSJ Markets - 21hr

Coinbase Global filed to go public with the SEC, becoming the most prominent cryptocurrency-focused company yet to tap the public markets.

Stocks Fall Sharply, Led Lower by Tech Shares

WSJ Markets - 21hr

The Dow industrials declined about 1.8% a day after the blue-chip index notched a record. The tech-heavy Nasdaq Composite tumbled more than 3%.

Charlie Munger Renews Robinhood Criticism

WSJ Markets - 21hr

Mr. Munger’s comments prompted a sharp retort from Robinhood, which called them “disappointing and elitist.”

Twitter to Launch Subscription Service, Aims to Double Revenue by 2023

WSJ USBusiness - 23hr

The social-media company outlined its goals at an event for analysts, its first in several years.

Unemployment Claims Fell Sharply Last Week

WSJ USBusiness - 1d

The number of workers seeking unemployment benefits dropped to 730,000 last week, showing the job market could be stabilizing. Winter storms, however, may have disrupted filings.

'Fortnite' Creator, Apple Fight Reels in More Tech Players

WSJ USBusiness - 1d

Computer-game distributor Valve is the latest to be pressured into playing a role in a legal battle over app-store fees.