News

Latest financial news on the trading, investing, personal finance and insurance.

Google Cloud Buys Cornerstone Technology

Google Cloud Buys Cornerstone Technology

FEB 21, 2020 Google Cloud buys Cornerstone Technology. The purchase will help the Company upgrade the infrastructure and applications of customers in Google Cloud. The exact amount of the business deal is still unknown.
Nvidia Earned Record Income in the 4th Quarter of 2019

Nvidia Earned Record Income in the 4th Quarter of 2019

FEB 14, 2020 Nvidia reported the results of the 4th quarter of 2019. The company announced “record” revenue from selling data processing centers.
Virus in China Hit Global Financial Markets

Virus in China Hit Global Financial Markets

JAN 22, 2020 Quotes on global stock markets decreased due to concerns about the dissemination of the deadly coronavirus in China. Asian markets affected the most extent.
Vanguard Launches New Pension Fund in the United Kingdom

Vanguard Launches New Pension Fund in the United Kingdom

JAN 13, 2020 Vanguard has been preparing the new financial product (the Vanguard SIPP) for more than 2 years. The Vanguard personal pension will be available at the beginning of 2020.
Robinhood Provided the Opportunity to Buy Fractional Shares

Robinhood Provided the Opportunity to Buy Fractional Shares

DEC 16, 2019 Robinhood, a fin-tech startup, provided users with the opportunity to buy fractional shares of popular companies and ETFs.
Charles Schwab Will Buy TD Ameritrade for $26 Billion

Charles Schwab Will Buy TD Ameritrade for $26 Billion

NOV 29, 2019 Charles Schwab, the largest US broker, announced the purchase of its competitor, TD Ameritrade, by pooling of interests. The deal amounted to $ 26 billion.
Global Payments and Total System Services Merged

Global Payments and Total System Services Merged

MAY 29, 2019 Global Payments and Total Systems Services, US payment services, concluded a merger agreement. It is planned to close the deal in the fourth quarter of 2019.
Etrade Launches Cryptocurrency Trading

Etrade Launches Cryptocurrency Trading

MAY 3, 2019 Etrade Financial Group, a brokerage firm, plans to provide customers with the opportunity to trade cryptocurrency on its platform.
Dow Jones and Nasdaq Fell Down, but S&P 500 Is Quietly Steady

Dow Jones and Nasdaq Fell Down, but S&P 500 Is Quietly Steady

APR 12, 2019 S&P 500 completed Thursday’s trading session without changes, as increase of worries about the global economic slowdown outweighed good economic data, while investors were waiting for start of the active phase of the reporting season.
Ranking of the Most Profitable Companies in 2018

Ranking of the Most Profitable Companies in 2018

APR 2, 2019 Rating agency FitchRatings published a ranking of the most profitable companies in the world. SaudiAramco, a national oil company of Saudi Arabia, became the most profitable company in the world in 2018.