Goldman Sachs on Friday downgraded shares of mobile brokerage Robinhood, citing bleak user engagement and growth.
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Sell Robinhood shares as user growth weakens, Goldman says
Finance
World Bank raises China growth forecast to 4.8% despite U.S. trade tensions
Key Points The World Bank predicts China’s economy will grow by 4.8% this year. It had forecast 4% growth in April, when the U.S. briefly ramped up tariffs on Chinese imports to more than 100%. The bank projects China’s GDP growth to ease to 4.2% in 2026, partly due to a slowdown in exports growth. […]
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Finance
Stocks making the biggest moves midday: Critical Metals, Comerica, Advanced Micro Devices, Abercrombie & Fitch and more
Check out the companies making the biggest moves midday: Verizon Communications — The New York-based telecom provider sank nearly 4% after CEO Hans Vestberg stepped down , replaced by independent lead director and former PayPal CEO Dan Schulman. Starbucks — The global coffee chain dropped almost 4% after a late September series of North American […]
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