Crypto caution weighs on Robinhood’s sales and sinks its stock
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Jimmy Ba will be the sixth member of the founding team to depart
Patrick McEnroe, tennis executive, broadcaster and ESPN analyst, discusses U.S. tennis talent and the physical demands of the sport with Romaine Bostick on “The Close.” (Source: Bloomberg)

The slump in Treasuries after China’s latest call to curb its holdings was fleeting, but it put a spotlight on Beijing’s decade-long shift from US debt and rekindled fears about a broader, global retreat.

On Wall Street, rising fears about artificial intelligence keep pummeling the shares of companies at risk of being caught on the wrong side of it all, from small software companies to big wealth-management firms.
The semiconductor company beat consensus estimates, but shares plunged as CFO Mike Tate announced that he will be stepping down next month.