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Goldman Sachs was fined $3 million after it mixed up millions of 'short' sale orders as 'long.' The culprit was one missing line of code.

Thu, 04/06/2023 - 05:31

Goldman Sachs — Goldman Sachs was fined $3 million by industry-backed regulator Finra.
AP

Tech News, Tech Insider, News, MI Exclusive, Trading, Goldman Sachs, FINRA

AMC Entertainment plunges 23% after it settles lawsuit to convert APE units into common stock

Tue, 04/04/2023 - 12:03

Adam Aron sitting in a chair at a conference. — Adam Aron, Chairman of the Board and CEO, AMC Entertainment, speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S., October 18, 2021.
David Swanson/Reuters

Markets, MI Exclusive, AMC Entertainment, AMC stock, amc stock price, Stock Market, Mover

Tesla falls 7% as first quarter deliveries show growing inventory buildup and analysts say that more price cuts may be needed

Mon, 04/03/2023 - 14:05

A Tesla Model 3 charges at a Supercharger. — A Tesla Model 3 charges at a Supercharger.
Paul Hennessy/NurPhoto via Getty Images

Markets, MI Exclusive, tesla, tesla stock, Tesla stock price, Stock Market, Mover

The stock market is facing a 'pain trade' that suggests the latest rally will extend into April

Sun, 04/02/2023 - 08:15

NYSE trader — Drew Angerer/Getty Images

Markets, MI Exclusive, Stock Market Outlook, Stock Market Analysis, Stock Market, Trading, finance

The SPAC tied to Trump's Truth Social surges 11% after the former president is formally indicted

Fri, 03/31/2023 - 10:20

Donald Trump. — Donald Trump.
Anna Moneymaker/Getty Images

Markets, MI Exclusive, Stock Market, TRUTH Social, Donald Trump, donald trump spac, Digital World Acquisition spac Trump

The SEC just warned investors that crypto assets are at risk of 'significant' losses after $2 trillion in market value was already erased

Fri, 03/24/2023 - 13:14

Tech Insider : Crypto

Gary Gensler SEC Chair Securities and Exchange Commission — Gary Gensler became chair of the SEC in April.
Alex Wong/Getty Images

Markets, MI Exclusive, crypto, SEC, Cryptocurrencies, finance, Trading

An end to Fed rate hikes is just one reason why technology stocks are holding up amid the broader market chaos

Fri, 03/24/2023 - 10:19

NYSE Trader — Bryan R Smith

Markets, MI Exclusive, Stock Market Outlook, Stock Market Analysis, Stock Market, technology stocks, finance

Snapchat and Meta lead social media stocks higher as TikTok CEO gives 'disaster' testimony to Congress

Thu, 03/23/2023 - 15:28

TikTok CEO Shou Zi Chew in Washington, DC on Tuesday February 14, 2023. — TikTok CEO Shou Zi Chew in Washington, DC on Tuesday February 14, 2023.
Matt McClain/The Washington Post/Getty Images.

Markets, MI Exclusive, Stock Market, tiktok, Snapchat, meta, Movers

Investors think a systemic credit event has replaced high inflation as the number one risk to the stock market

Tue, 03/21/2023 - 10:40

NYSE trader — Spencer Platt/Getty Images

Markets, MI Exclusive, Stock Market, Stock Market Outlook, Stock market risks, Inflation, Analyst Note

Executives at Silicon Valley Bank and First Republic Bank sold millions of stock right before the crash

Fri, 03/17/2023 - 13:55

nyse svb first republic trading floor — Timothy A. Clary/AFP via Getty Images

Markets, MI Exclusive, first republic bank, Silicon Valley Bank, insider sales, Stock Market, finance

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