By CATHERINE THORBECKE, ABC News(NEW YORK) -- GameStop shares surged nearly 40% early Thursday, after doubling in price on Wednesday, in a new rally that once again has many market watchers scratching their heads.The new spike in GameStop... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- GameStop, the video game retailer that found itself at the center of an unprecedented stock market extravaganza, announced its chief financial officer will be stepping down next month.The company said Jim... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- Shares of Twitter climbed more than 7% Wednesday after the company reported a record $1.29 billion in revenue during the fourth quarter of 2020, despite finding itself at the center of political turmoil... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- The unprecedented rally of GameStop stock, propelled largely by retail investors, faced a new hurdle Thursday after trading platforms including Robinhood restricted users from purchasing shares of the electronics retailer.In addition... Read More.
By TAYLOR DUNN, REBECCA JARVIS and CATHERINE THORBECKE, ABC News(NEW YORK) -- An army of amateur traders loosely organizing on Reddit have shaken up all preconceived notions about the stock market as they fueled the meteoric rise of GameStop stock.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- After rumors and speculation swirled that Jack Ma was allegedly missing, the Alibaba founder and Chinese billionaire has resurfaced in an online video.After Ma's reappearance video was shared online Wednesday, Alibaba... Read More.
By KELLY MCCARTHY, ABC News(NEW YORK) -- With smaller-scale Thanksgiving celebrations this year due to the pandemic, grocery stores are stocking their fresh and frozen sections with proportionally appropriate poultry.Walmart announced that they have adjusted plans due to... Read More.
By HAKYUNG KATE LEE, ABC News(SEOUL, South Korea) -- Big Hit Entertainment, the entertainment company that manages the K-pop sensation BTS, begins trading its shares in South Korea's stock market on Thursday.The initial public offering of Big Hit... Read More.
BY: WILL STEAKIN and TERRANCE SMITH, ABC News(WASHINGTON) -- A new ad released by President Donald Trump’s reelection campaign that looked to capitalize on the August jobs report to portray the country as being in the middle of a "great... Read More.
BY: CATHERINE THORBECKE, ABC News(NEW YORK) -- Stock for video-conferencing software Zoom, which has found its business at the right place at the right time as the world turned virtual almost overnight, opened some 35% up Tuesday morning after a... Read More.
BY: CATHERINE THORBECKE, ABC NEWS(NEW YORK) -- For many Americans, the pandemic-induced financial crisis has brought an onslaught of economic pain not seen since the Great Depression.The U.S. economy, as measured by real GDP, contracted at a record-shattering... Read More.