Today: 20 March 2026
Subscribe
Browse Category

NYSE:RJF 12 December 2025 - 10 February 2026

Charles Schwab stock price sinks about 7.5% as Altruist’s Hazel AI tax tool spooks brokers

Charles Schwab stock price sinks about 7.5% as Altruist’s Hazel AI tax tool spooks brokers

Charles Schwab shares fell 7.5% to $99.25 in after-hours trading Tuesday, following a broader selloff in brokerage stocks after Altruist launched AI-powered tax-planning tools. LPL Financial dropped 8.2%, Raymond James 8.8%, and Morgan Stanley 2.5%. Altruist’s Hazel platform can read tax documents and generate personalized strategies in minutes. Investors await Schwab’s January activity report, due Feb. 13.
10 February 2026
·····
Raymond James Financial (RJF) Launches $2 Billion Buyback, Raises Dividend 8% as UBS Initiates Coverage and BofA Lifts Price Target

Raymond James Financial (RJF) Launches $2 Billion Buyback, Raises Dividend 8% as UBS Initiates Coverage and BofA Lifts Price Target

Raymond James Financial authorized a new $2 billion share repurchase program and raised its quarterly dividend by 8% to $0.54 per share, payable January 16, 2026. The company will also redeem its Series B preferred stock. Bank of America raised its price target to $196, while UBS initiated coverage at Neutral with a $176 target, citing competitive pressures.
12 December 2025
····

Stock Market Today

  • Nevada Temporarily Bans Prediction Market Firm Kalshi Over Gaming License Dispute
    March 20, 2026, 2:30 PM EDT. Kalshi, a prediction markets platform offering event-based contracts on sports, elections, and entertainment, was temporarily banned in Nevada by a 14-day restraining order from the First Judicial District Court. The ruling prohibits Kalshi from operating its derivatives exchange without a gaming license, marking the first state-level forced cessation for the company. The ban follows earlier Nevada cease-and-desist actions and precedes a likely extension through the legal case, said gaming attorney Daniel Wallach. The dispute comes amid mounting regulatory scrutiny nationally, including criminal charges from Arizona and ongoing battles in multiple states. Kalshi contends its sports contracts are financial swaps, not gambling, a view supported by the federal Commodity Futures Trading Commission, which claims jurisdiction over these markets. This case highlights tensions between state gambling laws and federally regulated prediction markets.
Go toTop