Faang’s Dominance Too Hard to Overcome as 10% Correction Looms
Tech megacaps buckled Monday, as a month long bruising quickly headed toward a 10% correction. The S&P 500 erased Friday’s bounce.
Recent
BlackRock requires over half its workers return to office on Nov 1 - memo
BlackRock Inc will require more than half of its employees to work from the office for three days a week on average starting November.
Vanguard Acquires Just Invest
Vanguard has completed the acquisition of Just Invest, a provider of tax-managed, tailored wealth management technology.
JPMorgan Boss Jamie Dimon Defends $30M-Per-Year Salary
JPMorgan boss Jamie Dimon defended his eye-popping $31.5 million salary as the result of the country’s “free market” which “everyone should applaud”.
Cracks Start to Appear in $890 Billion Stock-Fueled M&A Boom
The slump in the stock market is having ripple effects in mergers and acquisitions.
Citi Blasts Revlon Lenders, Saying All They Had to Do Was Call
To Citigroup Inc., the legal brawl over a half-billion-dollar mistake that could have been avoided with a simple phone call.
Robinhood’s Popularity Is Fading Away With Meme Stock Fad
Robinhood Markets Inc.’s metrics of active users and app downloads plunged during the third quarter.
