A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for nearly a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997.
More fallout from the Facebook debacle: Nasdaq and Direct Edge are introducing fees on high-frequency traders who send large numbers of cancelled trades to their exchanges. The Direct Edge fees begin on June 1. Read More
Facebook suddenly spikes at the close on a surge in volume, ending above $33. Yesterday (Wednesday) it's up almost exactly $1, today it's up almost exactly $1. Looks like suddenly FB has acquired a friend of the court, doesn't it? Who could that be? Read More
China, euro zone data show factory activity slowing. So why are markets pointing higher? Well, German gross domestic product was up 0.5 percent in the first quarter. Read More
US stocks rallied off their midday lows, as the leaders of Italy and France said they favor eurobonds as a "possible solution" to the funding needs for the pro-growth strategy they are both promoting. Read More
OK, this is embarrassing. Facebook at $32.70 in pre-open trading is embarrassing. Down 15 percent in two days is embarrassing on an initial public offering this big. Read More