Cheng Xin / Getty Images New Robinhood offerings are aimed at connecting retail investors to each other. Key Takeaways Retail investors are increasingly being armed with tools for finding and sharing investment ideas and making them go viral. Robinhood's new "Social" feature is the most recent example of fintechs and trading platforms catering to the new kids on the block, offering tools for discussing strategy with other traders and following peers' moves. "Retail recognizes that there's power in co ...

If you’re sitting at a fuel island weighing whether to keep running under your own MC or lease onto someone else’s authority, you’re not alone. 2025 has put a lot of pressure on small carriers and owner-operators to reevaluate everything. Margins are tighter. Brokers are pickier. Insurance rates are through the roof. And let’s not even talk about compliance. So what do you do? Do you go all-in on building your business with your own authority—or do you cut bait, lower your overhead, and lease onto a more ...

Sound Shore Management, an investment management firm, has released its investor letter for the second quarter of 2025. A copy of the letter can be downloaded here. The fund’s Investor Class (SSHFX) and Institutional Class (SSHVX) delivered 3.06% and 3.10%, respectively, in the second quarter of 2025 compared to a 3.79% return for the Russell 1000 Value Index (Russell Value) and 10.94% return for the Standard & Poor 500 Index (S&P 500). Sound Shore’s 35-year annualized returns were 14.92% and 15.14% for SSH ...

If you’re hoping for a comfortable retirement, you may want to check in on your 401(k) to make sure it’s not underperforming. Learn More: Here’s Why You Might Want To Invest Your Retirement Savings in a Roth 401(k) Find Out: Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why Experts say the vast majority of employer-sponsored retirement accounts are underserving their investors. Many 401(k) accounts are either underperforming or overpriced. Just as alarming, ...

Galaxy Digital withdrew $40 million worth of Solana from Binance and Coinbase on September 10, signaling a strong conviction in the token’s long-term value. The move comes as Solana’s decentralized finance (DeFi) ecosystem breaks new records, with total value locked (TVL) climbing to record highs. Galaxy Digital’s Bullish Bet on Solana Galaxy Digital’s SOL withdrawal aligns with the Mike Novogratz-led firm’s deepening ties to the Solana ecosystem. The firm, alongside Jump Crypto and Multicoin Capital, ...

Novo Nordisk, the Danish pharmaceutical titan behind Ozempic, revealed today a sweeping global restructuring plan to cut roughly 11% of its total workforce, as rival weight-loss drugs flood the market. Novo Nordisk faces increasing competition from Eli Lilly, the U.S. firm behind Mounjaro, and a new wave of cheaper, compounded alternatives. By cutting around 9,000 positions — more than half of which are based in Denmark — the company anticipates annualized savings of roughly $1.25 billion by the end of 20 ...

Many Americans dream of being rich, but few know how to get there. That’s where the “wealth ladder” comes in — it’s a step-by-step framework for building financial freedom, one rung at a time. Find Out: Here’s Why You Always Want to Know Your Net Worth, According to a Financial Expert Read Next: Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why Here’s exactly how to climb each of the six levels of the wealth ladder. Level 1: Escape the Paycheck-to-Paycheck ...

The International Ethics Standards Board for Accountants (IESBA) has published two new staff documents intended to clarify and promote the understanding of its ethics standard regarding the use of external experts, as well as the International Ethics Standards for Sustainability Assurance (IESSA). These documents will come into effect in December 2026. The publications detail important elements of the standard related to the engagement of external experts and the proportionality of ethics and independenc ...

Sandwich maker Potbelly is being acquired by the gas station and convenience story chain RaceTrac for $566 million. Potbelly, which was founded in Chicago in 1977, has 445 restaurants across the U.S. The company said the deal with RaceTrac will help it reach its goal of quadrupling in size to 2,000 locations. Potbelly stores are both company- and franchise-owned. “With RaceTrac’s resources, we will unlock new opportunity for this incredible brand while staying true to the neighborhood sandwich shop exper ...

Renaissance Investment Management, an investment management company, released its Q2 2025 "Large Cap Growth Strategy" investor letter. A copy of the letter can be downloaded here. The stock market experienced significant volatility in the second quarter, and yet, the S&P 500 posted an all-time high by the end of June. The liberation day tariff announcement set off havoc in the market, causing stock prices to drop 7% from April 2 to April 7. However, the market rebounded and gained more than 22% from the Apr ...