Alex Veiga
The Associated Press
Los Angeles, CA, United States
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Recent articles by Alex:
After rocket ride of growth, Robinhood heads to the market
After a rocket rise where it introduced millions of people to investing and shook up the brokerage industry, all while racking up a long list of controversies in less than... → Read More
Stocks regain much of the ground they lost a day earlier
Stocks jumped on Wall Street Tuesday, making up much of the ground they lost a day earlier when worries flared about spreading cases of the more contagious variant of COVID-19. → Read More
Investors dump stocks, buy bonds as virus fears flare again
NEW YORK (AP) — Resurgent pandemic worries are knocking stocks lower from Wall Street to Sydney on Monday, fueled by fears that faster-spreading variants of the virus may upend the economy… → Read More
Stocks skid, yields sink as virus fears shake global markets
Airlines, hotels and stocks of other companies that would get hurt the most by potential COVID-19 restrictions were taking the heaviest losses. → Read More
Stocks again post records following encouraging jobs data
Wall Street capped a milestone-shattering week Friday with stock indexes hitting more record highs as investors welcomed a report showing the nation's job market was even stronger last month than → Read More
Stocks edge higher, erasing weekly loss for the S&P 500
Stocks edged higher Thursday, bringing the S&P 500 index out of the red for the week. Health care and technology companies were among the biggest gainers. → Read More
Ready to buy a home? The trick is finding or affording one
The housing market has been a pillar of economic strength during the pandemic, but many would-be homeowners, particularly first-timer buyers, have met with frustration because of a low number of homes for sale and consistently rising prices. → Read More
Ready to buy a home? The trick is finding or affording one
The housing market has been a pillar of economic strength during the pandemic, but many would-be homeowners, particularly first-timer buyers, have met with frustration because of a low number of homes for sale and consistently rising prices. → Read More
Ready to buy a home? The trick is finding or affording one
The housing market has been a pillar of economic strength during the pandemic, but many would-be homeowners, particularly first-timer buyers, have met with frustration because of a low number of homes for sale and consistently rising prices. → Read More
Ready to buy a home? The trick is finding or affording one
The housing market has been a pillar of economic strength during the pandemic, but many would-be homeowners, particularly first-timer buyers, have met with frustration because of a low number of homes for sale and consistently rising prices. → Read More
Ready to buy a home? The trick is finding or affording one
LOS ANGELES (AP) — Nathan Long and Lili Chin have struck out so far in their four-month search to find an affordable home in the Los Angeles area — a → Read More
GameStop finally announces a share sale
Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares → Read More
Why rising rates are unsettling Wall Street
Optimism for an economic revival is surging following a year of coronavirus-induced misery. → Read More
Tech rout pulls Nasdaq down 3.5%, biggest loss since October
A rout in technology companies pulled the Nasdaq down 3.5% Thursday, the biggest loss for the tech-heavy index since last October. The S&P 500 gave up 2.4% and the Dow Jones Industrial Average lost a more modest 1.8%, a day after the blue chip index set a record high. A steady march higher in Treasury yields has been drawing money out of the stock market and leading investors to question whether… → Read More
GameStop shares double after tumbling for much of February
The stock, which soared 1,600% at one point in January, is down nearly 72% so far this month, though it’s still up nearly 387% this year. → Read More
GameStop's saga may be over; its effect on Wall Street isn't
The frenzy around GameStop’s stock may have quieted down, but the outsized influence small investors had in the saga is likely to stick around. → Read More
Family of novice investor who killed himself sue Robinhood
The family of a novice stock trader who killed himself after mistakenly believing he lost more than $700,000 are suing Robinhood Financial, claiming the popular stock-trading platform’s business practices “directly” led to their son’s death. → Read More
Family of novice investor who killed himself sue Robinhood
The family of a novice stock trader who killed himself after mistakenly believing he lost more than $700,000 are suing Robinhood Financial, claiming the popular stock-trading platform’s business practices “directly” → Read More
GameStop soars again; Wall Street bends under the pressure
Another bout of selling gripped the U.S. stock market Friday, as anxiety mounts over whether the frenzy behind a swift, meteoric rise in GameStop and a handful of other stocks will damage Wall Stre… → Read More
GameStop soars again; Wall Street bends under the pressure
Stocks sank again as a speculative frenzy over GameStop and a handful of other stocks ramps up worries over how much damage an online revolt against Wall Street bigwigs can damage the broader market. The S&P 500 fell 1.9%, giving the index its biggest weekly loss since October. GameStop soared nearly 70% Friday, continuing a saga that’s captivated and confused many on Wall Street and beyond.… → Read More