
Matthew Griffin
Articles
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3 weeks ago |
bloomberg.com | Matthew Griffin |Jessica Menton
The Robinhood logo on a laptop cpmputer arranged in the Brooklyn borough of New York, US, on Monday, May 8, 2023. Robinhood Markets Inc. is scheduled to release earnings figures on May 10. Photographer: Gabby Jones/Bloomberg(Bloomberg) -- Robinhood Markets Inc. is a “prime candidate” to enter the S&P 500 Index in the rebalancing set to be announced Friday, a milestone that would spur passive funds to snap up shares of the online brokerage, according to Bank of America Corp.
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1 month ago |
news.bloombergtax.com | Matthew Griffin |Catherine Lucey
The relative calm in US stock markets has an expiration date, according to Wilbur Ross: late June. The famed corporate raider and former secretary of commerce expects President Donald Trump’s administration to make meaningful progress on trade pacts by the end of next month. Otherwise, Ross said in an interview with Bloomberg News, investor sentiment will sour. “I think we’re getting to the home stretch of investor confidence,” said Ross, who served as commerce chief during Trump’s first term.
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1 month ago |
bloomberg.com | Matthew Griffin |Catherine Lucey
The New York Stock Exchange (NYSE) in New York, US, on Monday, May 19, 2025. A renewed wave of dip buying fueled a rebound in stocks from session lows, with traders trying to look past the US downgrade by Moody’s Ratings that has sent bond yields climbing and weakened the US dollar. Photographer: Michael Nagle/Bloomberg(Bloomberg) -- The relative calm in US stock markets has an expiration date, according to Wilbur Ross: late June.
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1 month ago |
thebrunswicknews.com | Esha Dey |Matthew Griffin |Matthew Griffin
By Esha Dey and Matthew Griffin, Bloomberg News U.S. equity investors will be watching closely as trade talks kick off between the Trump administration and China, with trillions of dollars hanging in the balance for American companies. The average member of the S&P 500 made 6.1% of its revenue from selling goods in China or to Chinese companies in 2024, according to an analysis from Bloomberg Intelligence's Gillian Wolff and Gina Martin Adams.
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1 month ago |
news.bloombergtax.com | Esha Dey |Matthew Griffin
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