Citadel Securities’ Scott Rubner said Friday’s selloff resulted in over 108 million contracts traded, the largest options day in markets history.
Category: Finance News
Fed Governor Miran wants a half-point cut this month, while Waller backs another quarter-point move
The central bank policymaker indicated that he still expects his colleagues to vote for another quarter-point reduction.
Stocks making the biggest moves premarket: J.B. Hunt, Salesforce, Charles Schwab, Hewlett Packard Enterprise & more
These are some of the stocks seeing the largest moves before the market’s opening bell.
BlackRock’s crypto push deepens with a retooled product to serve stablecoin issuers
This latest move from Larry Fink’s firm aims to further capitalize on the boom in stablecoin demand, BlackRock first told CNBC.
Alibaba says its AI spending in e-commerce is already breaking even
The Chinese tech giant is spending tens of billions of dollars on AI despite concerns that companies are spending too much on the tech with limited results.
Fintech startup Upgrade valued at $7.3 billion in new funding round
Upgrade raised $165 million in a new funding round that valued the fintech startup at $7.3 billion.
Swiss government slashes growth outlook as Trump tariffs put ‘heavy burden’ on economy
The risks are mounting for the Swiss economy as the country’s goods face one of the Trump administration’s most punitive tariff rates.
Stocks making the biggest moves after hours: J.B. Hunt, United Airlines, Zion and more
These are some of the stocks posting the largest moves in after-hours trading.
CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Speaking at CNBC’s Invest in America Forum, the CEOs said the U.S. still leads in many sectors, but inconsistent policy and underinvestment is ceding ground.
Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people
Even during a blockbuster year for Wall Street as trading and investment banking spins off billions of dollars in revenue, the banks are hiring fewer people.