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Robinhood’s Guinea Pig for Upending Public Offerings: Itself

SAN FRANCISCO — When Vlad Tenev and Baiju Bhatt created the stock trading app Robinhood in 2013, the entrepreneurs declared that their mission was to democratize Wall Street and make […]




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Virus Headwinds Hit Wall St. After Months of Smooth Sailing

On Monday, investors behaved as they had during the pandemic’s early days, pouring money into so-called stay-at-home stocks, whose business models appear almost tailor-made to thrive despite lockdowns. Shares of […]




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Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker

Goldman, which was working with Mr. Hamamoto and arranged $500 million in additional financing for the acquisition, ran only a standard background check on Mr. Burns — a public-records search […]




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The Bond Market Is Telling Us to Worry About Growth, Not Inflation

“The overriding concern being reflected in the bond market is that peak growth has been reached, and the benefits from fiscal policy are starting to fade,” said Sophie Griffiths, a […]




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Didi’s Regulatory Troubles Might Just Be Getting Started

In the paperwork Didi filed before its initial public offering, the Chinese ride-hailing platform gave no shortage of warnings to investors that regulators in Beijing were hovering.After China’s internet regulator, […]




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Higher Inflation Ahead? Maybe. But Don’t Even Try to Predict It.

But, no: The study shows that the bond market is no good at this, either. Again, the research draws finer distinctions. Bond mavens are a little better than economists at […]




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Halfway Through 2021, the Hot Stocks Are Old-Fashioned

The company sells a surprising amount of its sculpting lipstick, stay-in-place foundation and skin care creams at airports. Ms. Perin Vinton is betting, in part, that the company’s sales will […]




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Robinhood Reveals Rising Revenue and a $1.4 Billion Loss

The company’s shareholders, however, stuck with it. Within a week, it raised two rounds of emergency funding totaling $4.4 billion to meet lending requirements for stock trades and to continue […]




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No End to Whiplash in Meme Stocks, Crypto and More

Drew Austin, an entrepreneur and investor, invested heavily in cryptocurrencies and NFTs, including digital horses, digital sports cards and some digital art. He took a “substantial liquidity hit” when cryptocurrency […]




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Stocks Drop as Wall Street’s Unease Stretches to a Fourth Day

Stocks headed for their biggest daily decline in a month on Friday, capping a week of turbulence on Wall Street as investors struggled to calibrate their expectations for inflation and […]