A man checks his smartphone while standing among illuminated screens bearing the Uber logo. Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Uber plummeted 12% before settling 4% below its closing price in after-hours trading following the transportation and food ordering service company’s disappointing second-quarter
Finance
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters For investors fearful of more trade-war bombshells, the worst is over and it’s go time, according to J.P. Morgan. That’s the joint view of Marko Kolanovic, the bank’s quant guru who’s been dissecting the market’s every twist and turn, and
In this photo illustration a Robinhood Markets logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Robinhood is set to bring its popular zero-fee stock trading app to Britain. The company announced Thursday that its international subsidiary had been granted broker authorization from the Financial Conduct Authority, the
Lyft President John Zimmer and CEO Logan Green applaud as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Check out the companies making headlines after the bell: Shares of Lyft rose as much as 13% in after-hours trading after the ridesharing platform reported better-than-expected
Scott Minerd, Guggenheim Partners Scott Mlyn | CNBC Guggenheim’s Scott Minerd said the sharp decline in the benchmark 10-year yield could continue to the 1.4% level before correcting. The 10-year yield, which influences mortgages and other loans, has plunged in the past week, from 2.07 before the Fed’s rate cut a week ago, to as