Font size Financial services company SoFi saw a 50% increase in revenue year-over-year. SoFi technology Stocks rose on Wednesday, a day after the financial services company announced a record quarterly revenue and provide guidance for fiscal year 2022. SoFi (code: SOFI ) reported a second-quarter adjusted loss of 12 cents a share on revenue of … Read more
It’s the peak of the second quarter earnings season, with about 150 S&P 500 The companies are expected to report this week. The highlights on the economic calendar will be a pair of purchasing and work managers’ indexes on Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Modern … Read more
It’s the peak of the second quarter earnings season, with about 150 S&P 500 The companies are expected to report this week. The highlights on the economic calendar will be a pair of purchasing and work managers’ indexes on Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Modern … Read more
Investors reacted as if Wednesday’s Fed Chair Jerome Powell’s press conference was dovish, but many economists saw it as the hawks of the street. Here are some key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Read: Fed raises interest rates to fight 41-year high inflation … Read more
Investors reacted as if Wednesday’s Fed Chair Jerome Powell’s press conference was dovish, but many economists saw it as the hawks of the street. Here are some key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Read: Fed raises interest rates to fight 41-year high inflation … Read more
Twitter Inc. took the large San Francisco office into consideration for downsizing on Wednesday and is set to open an office in Oakland, California, a person with direct knowledge of the matter said. This move blurs the future of the social media site Stylish San Francisco headquartersa 1.1 million square foot trophy office complex at … Read more
Twitter Inc. took the large San Francisco office into consideration for downsizing on Wednesday and is set to open an office in Oakland, California, a person with direct knowledge of the matter said. This move blurs the future of the social media site Stylish San Francisco headquartersa 1.1 million square foot trophy office complex at … Read more
Font size PayPal stock has fallen this year as people return to their pre-pandemic spending habits. Courtesy of PayPal Huge payment PayPal finally attracted an activist. PayPal (ticker: PYPL) was once a pandemic as households shopped more and more online, but stocks are down more than 60% this year as people return to pre-pandemic spending … Read more
Should cryptocurrencies be part of your overall investment strategy? Getty Images / iStockphoto Question: I am 40 years old, married with two children and productive. I’m wondering how aggressively I should invest in the market if I want to quit my job early. What should my portfolio diversity look like now and should I invest … Read more