Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019.Kena Betancur | Getty ImagesZoom shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced fiscal second-quarter results that exceeded analysts' expectations.Here's how the company...
An SEC case against a Massachusetts advisor has big implications for the regulator’s oversight of insurance products, a law firm cautioned in a brief filed Monday with the federal court. Earlier this year, the Securities and Exchange Commission brought a complaint against investment advisory firm Cutter Financial Group and its...
An SEC enforcement action against Titan Global Capital Management USA highlights the dangers investment advisors face when using hypothetical returns in their advertising, compliance experts said Monday. The Securities and Exchange Commission ordered robo-advisor Titan to pay $1,042,454 to settle charges that it violated the agency’s marketing rule when it...
An exterior view of the Nvidia headquarters in Santa Clara, California, May 30, 2023.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.Palo Alto Networks — The security software provider jumped 14.8% after Palo Alto beat expectations for earnings when reporting after the bell Friday. Goldman...
Finra said Monday that it appointed Bill St. Louis as head of enforcement, making him responsible for the agency’s 350 enforcement staffers in 11 offices across the United States. St. Louis succeeds Christopher Kelly, the deputy head of enforcement, who had served as acting head of enforcement since February, when...
PensionPlus and Capital Group announced a partnership Monday aimed at launching a lifelong personalized paycheck service for retirees. The companies say the program will complement the Capital Group and American Funds target-date retirement series and will be offered to select retirement plan participants. Capital Group, home of American Funds, manages...
Revolut has emerged as a game-changer in the ever-changing environment of financial technology, revolutionizing the way people handle their money. This cutting-edge platform provides a wide range of financial services, allowing users to take charge of their accounts, conduct smooth global transactions, and gain access to a suite of features that ease financial management....
Maki_shmaki | Istock | Getty ImagesConsider this a public service announcement for all treasure hunters: Uncle Sam wants a piece of your loot.Someone who makes a valuable discovery — whether gold coins, meteorites or even cash — generally owes tax on that haul, which is known as "found" property.The...
Check out the companies making the biggest moves in premarket trading:Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.David Paul Morris | Bloomberg | Getty ImagesPalo Alto Networks — The security software vendor soared 12.5% following an earnings beat after the Friday...