These are the stocks posting the largest moves in midday trading.
Schwab CEO says bullishness among retail traders is rising, with buy orders 20% higher than sells
Charles Schwab CEO Walt Bettinger said Tuesday retail investors using his brokerage are showing signs of bullishness on the stock market.
One of the world’s richest self-made men started as a motel janitor—now he has a net worth of $1.2 billion
Before he founded booking platform Yanolja, Lee Su Jin started his hospitality career as a “love hotel” janitor. Now, he has a net worth of $1.2 billion.
Charles Schwab stock pops 11% after second-quarter results beat expectations
CFO Peter Crawford said cash outflows were decelerating for the brokerage firm.
Fed banking regulator warns A.I. could lead to illegal lending practices like excluding minorities
Michael S. Barr said AI technology has potential, but also can be used for nefarious means.
Twitter laid off most of its workers in Africa last year. They say they’ve been ignored and left without severance
Former Twitter employees in Ghana have been left without severance and have not heard from the company for three months, sources told CNBC.
Is Biden’s $39 billion student loan forgiveness action legal? ‘Be assured it’s going to stay,’ says expert
The White House announced $39 billion of debt forgiveness for student loan borrowers Friday. The move would likely withstand legal scrutiny, said experts.
Morgan Stanley beats estimates on record wealth management revenue
Under CEO James Gorman, Morgan Stanley’s reliance on wealth management has helped its steady earnings and boosted its valuation relative to peers.
Stocks making the biggest moves premarket: Bank of America, Pinterest, Masimo & more
These are the stocks posting the largest moves premarket.
Bank of America tops analysts’ expectations amid higher interest rates
While analysts expected Bank of America to be one of the top beneficiaries of rising interest rates, it hasn’t played out that way.