Genesis Global Capital

Reuters | February 03, 2020

U.S. stocks rallied on Monday, helped by gains in heavyweight technology shares and surprise strength in U.S. manufacturing activity, as stocks rebounded after a sharp selloff last week sparked by concerns about fallout from a virus out of China. U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, according to the Institute for Supply Management (ISM). The data helped stocks recover after the S&P 500 last week suffere...

Tesla | January 16, 2020

Tesla (NASDAQ:TSLA) shares fell in midday trading Thursday, which shouldn’t be a big surprise to anyone who’s been watching the stock lately. The stock has nearly doubled in the last six months. Rallies do run out of steam and even the most bullish of bulls take some profits on a hot stock. Shares were down about 3.4% due to a couple of reasons. First, a report showed that the electric automaker’s sales in California nearly halved in the final quarter of 2019 as a ramp-up in ta...

Barclays | March 11, 2020

In a UK high street first, Barclays now lets customers make payments from current accounts held with other banks from within its app. Initially, the feature has been rolled out to customers who have a linked current account with NatWest, Nationwide or Bank of Scotland. It will shortly be rolled out to other providers including Santander, Lloyds, Halifax and RBS. The service uses the industry-approved Open Banking API technology, ensuring the process is secure for customers, says Barclays. In the...

WEALTH MANAGEMENT

TownSquare Capital | July 04, 2022

TownSquare Capital (TownSquare), a boutique, full-service investment and trading platform with an institutional attitude on portfolio construction, was acquired by Orion Advisor Solutions, a leading developer of transformative wealth tech solutions for fiduciary advisors, today. Details of the transaction won't be made public. "Today, we officially add TownSquare to our wealth management business, creating more value for advisors seeking a highly integrated,...