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Yiwen Lu

Retail traders scrambled to check portfolios on Monday. The internet could barely handle it.

Online trading platforms including Charles Schwab, Vanguard and Fidelity experienced disruptions Monday morning, leaving frustrated retail investors nowhere to go on a day of frantic market sell-off.

Users turned to Reddit and X to report that they weren’t able to log into their accounts. As a result, consumers lost access to the market “at the most crucial times,” one Reddit user said

At around 12:30 p.m. EDT, Charles Schwab said on X that a “ technical issue experienced by some clients has been resolved.” Vanguard first acknowledged the issue and that it was “working diligently to restore functionality” in a post on X, which was later taken down.

At its peak, Charles Schwab was down for 15,462 users, according to online tracking website Downdetector.com. The Securities and Exchange Commission told Reuters that they were tracking the developments.

Disclosure: Sherwood Media is a independent subsidiary of Robinhood Markets, Inc., which competes with some of the trading platforms listed here.

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Deere drops as tariffs and a weak profit forecast weigh down a Q4 sales beat

A sales and profit beat weren’t enough to stem Deere investors’ tariff unease on Wednesday, when the company dropped its fourth-quarter earnings report. Deere shares slipped about 4% in premarket trading.

Deere posted adjusted earnings of $3.93 per share, beating the $3.84 estimate from Wall Street analysts polled by FactSet. The company also said it expects full-year 2026 profit to land between $4 billion and $4.75 billion. Wall Street expected more than $5 billion.

According to CEO John May, “ongoing margin pressures from tariffs and persistent challenges in the large ag sector remain” and 2026 will “mark the bottom of the large ag cycle.” May said he believes the company’s cost-control efforts will allow it to seize opportunities as the market recovers.

In its fourth quarter, Deere also:

  • Booked $12.4 billion in total revenue, beating expectations by more than 5%.

  • Logged a 27% net sales jump in its construction and forestry division. However, the company said tariffs were a headwind for the division's operating profits.

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Robinhood jumps after forming joint venture to enhance its prediction markets business

Shares of Robinhood Markets are on the rise in premarket trading after the brokerage announced after the close on Tuesday a joint venture with Susquehanna to enhance its prediction market business.

The pair is launching an independent futures and derivatives exchange and clearinghouse, with Robinhood as the controlling partner and Susquehanna serving as the liquidity provider, and is expected to begin operations next year. In a related move, the joint venture is acquiring 90% of MIAXdx, a derivatives exchange that was once a part of FTX.

(Robinhood Markets Inc. is the parent company of Sherwood Media, an independently operated media company subject to certain legal and regulatory restrictions.)

Currently, Robinhood offers access to contracts with probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC. The joint venture would have the tools needed to operate an event contracts business independently and the potential to gain a bigger share of the revenues associated with this fast-growing product line thanks to the brokerage’s ample distribution network.

Per the press release:

“Prediction Markets have quickly become Robinhood’s fastest-growing product line by revenue. Just one year since launch, 9 billion contracts have been traded by more than 1 million Robinhood customers. By introducing a robust, institutional-grade exchange to the market, we’ll add more choices for consumers. We’ll also gain the flexibility to build faster and deliver more contracts and services to traders.”

Bank of America analysts recently warned that the boom in prediction markets and online gambling was creating “emerging credit risks” for some lenders.

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HP slides on weak 2026 outlook and layoffs despite topping quarterly estimates

HP slumped more than 5% in premarket trading after the computer and printer giant announced weaker-than-expected guidance for fiscal 2026 alongside plans for a roughly 10% cut to its workforce. The company reported having 58,000 employees as of October 2024, per its latest annual filing.

For the fiscal fourth quarter ended October 31, sales rose 4% year over year to $14.64 billion, topping the $14.48 billion expected. Adjusted earnings per share came in at $0.93, just about 1% ahead of the LSEG consensus.

Dell Double Downgrade

Dell gives upbeat Q4 guidance, beats on Q3 earnings

Q3 revenue was a little light, but shares are trading higher early on Thursday as investors digest the strong Q4 outlook.

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.