Wednesday, October 27, 2021
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Investors pour money into Chinese start-ups despite regulatory crackdown

Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China.Zhang Qiao | Visual China Group | Getty ImagesBEIJING — Global investors put more money into Chinese start-ups in the third quarter, despite Beijing's regulatory crackdown that's paused a

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Stock futures are flat after Dow, S&P close at records

U.S. stock index futures were little changed during overnight trading on Tuesday after the Dow and S&P closed at record highs as earnings season continues.Futures contracts tied to the Dow Jones Industrial Average and S&P 500 were flat. Nasdaq 100 futures declined 0.09%.During regular trading the Dow advanced roughly

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Stocks making the biggest moves after hours: Robinhood, Microsoft, AMD & more

Photo Illustration by Pavlo GoncharSOPA Images | LightRocket | Getty ImagesCheck out the companies making headlines in after hours trading:Robinhood — Shares of the stock-trading app declined more than 9% during extended trading after the company's third-quarter revenue missed expectations amid a slowdown in cryptocurrency trading. The company reported

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Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading

Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021.Source: The NasdaqStock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off.And Robinhood said barring any change in the market environment, the headwinds that dragged down

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Democrats’ plan may raise childcare costs for some middle-class families

Photo by Mike Kline (notkalvin) | Moment | Getty ImagesA package of social reforms Democrats are hashing out on Capitol Hill would pump federal money into the U.S. childcare system, with the aim of improving pay for workers and making care more accessible and affordable for all Americans.While the

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Stocks making the biggest moves midday: Lockheed Martin, Hasbro, Facebook and more

Hasbro board games.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.Lockheed Martin — Shares of the defense contractor tumbled 12.5% after it reported a quarterly revenue miss and lowered its expectations for next year. Lockheed anticipates a "slight reduction in revenue in 2022 and roughly

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Greenlight, the fintech app for kids, wants to teach parents how to invest

Greenlight Financial, the start-up that helped pioneer the fintech category of debit cards and budgeting apps for kids, is now targeting parents.The start-up is releasing an investing platform that aims to teach parents how to research stocks and ETFs, CNBC has learned. The service comes at no additional cost

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Corporate card start-up Ramp targets Bill.com with free payments software

Eric Glyman and Karim Atiyeh, cofounders of corporate card startup RampCorporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned.The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired

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Stocks making the biggest moves in the premarket: Polaris, UPS, Corning, Coinbase and more

Take a look at some of the biggest movers in the premarket:Facebook (FB) – Facebook gained 1.9% in the premarket after reporting mixed results for the second quarter. Facebook beat estimates by 3 cents a share, with quarterly earnings of $3.22 per share. Revenue missed, however, as ad sales

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Fintech giants Stripe and Klarna partner on ‘buy now, pay later’ as competition heats up

The logo of Swedish payment provider Klarna.Thomas Trutschel | Photothek | Getty ImagesLONDON — Stripe and Klarna, two of the world's biggest private fintech companies, are teaming up.Stripe said Tuesday it has agreed a strategic partnership with Klarna to offer the Swedish firm's buy now, pay later payment method

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