Serious headwinds as Dow Jones passes 22,000 mark

On Wednesday, the Dow Jones industrial average broke through the 22,000-point mark for the first time in its history. Andrew Karolyi, professor of asset management and finance at Cornell SC Johnson College of Business, recently authored a paper about the shrinking number of exchange-listed firms in the U.S. He says that today’s milestone should prompt […]

Decision day: Is Snap the next Google or Twitter?

Drew Pascarella, lecturer of finance at Cornell University’s Samuel Curtis Johnson Graduate School of Management, says that Snap’s IPO, expected to be announced after the U.S. stock market closes today, will tell us if investors believe Snap can become a premiere destination for digital advertising, or if the firm will follow the path of Twitter – […]

Stocks move in predictable ways after White House change

ITHACA, N.Y. – With President-elect Donald Trump’s inauguration approaching, the stock market has been more volatile because investors are trying to predict which industries will do well under a Trump administration – and which will tank. According to a new Cornell University study, there is a way to capitalize on this fluctuation because stock returns […]