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Interactive Brokers reported record third-quarter pre-tax profit, with a 78% pre-tax margin for an eighth consecutive quarter above 70%. The company also raised its annual dividend to 60 cents.
Meta Platforms NASDAQ:META, the social-media and AI-platform company, received a $1,000 price target from Wells Fargo, up from $796, but shares traded around $723.31, down approximately 2.11% at 10.20 EST on October 7. The bank kept its Overweight rating. That target puts roughly 38% upside on the…
U.S. stocks fell Tuesday as crude oil extended higher, pushing the 10-year Treasury yield above 4.8% and reviving bets the Federal Reserve could raise rates next week. The Dow led declines, while Amgen was the biggest drag.