Reported 3 months ago
Affirm Holdings, Inc. (NASDAQ:AFRM) saw its stock drop by 8.49% to $51.75 after the company's CEO, Max Levchin, reported a disappointing outlook for the year, citing lower revenues from its 0% APR installment products. The decline came as investors reacted to mixed market conditions following recent earnings reports, causing AFRM to rank among the stocks with the largest losses on Wall Street.
Source: YAHOO
Reported 3 months ago
Webull Corporation (NASDAQ:BULL) experienced a significant stock plunge of 9.06% on Thursday, marking its fifth day of losses as investors adjusted their portfolios ahead of the company's earnings announcement set for May 22. This decline occurred amidst mixed performances from major Wall Street indices, with the Nasdaq down, while the Dow Jones and S&P 500 saw slight gains. Webull's partnership with Visa aims to streamline fund transfers, but concerns about weak forecasts and negative news overshadowed its potential.
Source: YAHOO
Reported 3 months ago
Reddit, Inc. (NASDAQ:RDDT) experienced a significant drop in stock value, falling 9.36% to $113.59, ending a five-day winning streak as investors took profits following a series of strong price increases fueled by 'meme moves.' Despite a recent turnaround showing a net income of $26.2 million in Q1 and a revenue boost of 61% year-over-year, market pessimism over broader industry trends led to its poor performance. Factors such as recent news about the co-founder's acquisition stake in Chelsea FC also placed the company in the spotlight, although not directly affecting its trading. Amidst mixed market conditions, RDDT ranked as one of the stocks investors are moving away from.
Source: YAHOO
Reported 3 months ago
UnitedHealth Group's stock dropped 10.93% on Thursday, marking the eighth consecutive day of losses, following reports of a DOJ investigation into the company's Medicare billing practices. Allegations suggest that UnitedHealth may have inflated patient diagnoses to secure higher payouts from Medicare. Despite the company's denial of wrongdoing and defense of its Medicare Advantage program, investor confidence wavered, leading to notably poor performance in the market.
Source: YAHOO
Reported 3 months ago
Fiserv's stock plummeted 16.19% on Thursday, closing at $159.13, due to investor concerns regarding stagnant growth in its Clover point-of-sale platform. CFO Robert Hau indicated that growth from the Clover platform would not be repeatable this year, impacting investor sentiment amidst a broader market response to mixed earnings reports and economic data.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Walt Disney Co. is set to open a new theme park in Abu Dhabi, marking its first international expansion in nearly a decade. Unlike previous projects, Disney will license its intellectual property to a third-party developer, allowing it to earn royalties without significant capital investment. Despite challenges in its international parks segment, the strategic move aims to leverage Disney’s brand and create a sustainable revenue model, similar to the successful Tokyo Disneyland partnership. This development could signify a shift toward more efficient growth, providing long-term investors with a potentially stable earnings stream as Disney expands its global footprint.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Novo Nordisk's CEO, Lars Fruergaard Jørgensen, is stepping down amidst market challenges, leading to a decline in shares. In another significant development, Charter Communications and Cox are merging in a $34.5 billion deal to strengthen their position in the broadband market. Meanwhile, Take Two is facing a forecast of weak bookings for 2026 due to the delay in the much-anticipated release of 'Grand Theft Auto 6', despite reporting strong quarterly sales.
Source: YAHOO
Reported 3 months ago
In a recent discussion, Cedric Nash, CEO of Oakland Consulting Group, emphasizes the importance of maximizing contributions to a 401(k) for effective retirement savings. Despite the numerous benefits of a 401(k), many Americans are under-contributing, leaving potential savings unutilized. Nash advises starting early, aiming for contributions between 22-27% when possible, and suggests exploring various retirement accounts like IRAs and dividend stocks as supplementary strategies. He also stresses the importance of adjusting contributions in line with salary increases to enhance long-term financial security.
Source: YAHOO
Reported 3 months ago
NRG Energy has emerged as the top-performing stock in the S&P 500 for 2025, with a remarkable year-to-date increase of 73%. Driven by the growing demand for energy to support data centers and the recent announcement of a $12 billion acquisition of LS Power's generation assets, analysts remain optimistic about NRG's potential. According to Jefferies managing director Julien DuMoulin-Smith, the company is well-positioned for further growth, with projected earnings per share growth rates surpassing 16% and a strong pipeline of data center-related initiatives.
Source: YAHOO
Reported 3 months ago
Source: YAHOO
Reported 3 months ago
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
In light of a recent 90-day pause on tariffs between the US and China, discussions are ongoing regarding what a permanent deal would entail. Chinese officials are open to agreements that stabilize trade but resist structural changes, indicating a nuanced negotiation where concessions may include enhanced commodity purchases and cooperation on issues like TikTok. The balance of power is complex, with the US having advantages but also facing pressures from other geopolitical factors that may influence trade dynamics.
Source: YAHOO
Reported 3 months ago
Source: YAHOO
Reported 3 months ago
Source: YAHOO
Reported 3 months ago
Source: YAHOO
Reported 3 months ago
Source: YAHOO
Reported 3 months ago
Since the announcement of President Trump's tariffs, consulting firms such as McKinsey, BCG, PwC, and KPMG have experienced a significant increase in demand. These firms report double-digit revenue growth as both existing and new clients seek guidance to navigate the complexities of trade dynamics and rising costs. With many businesses reassessing their strategies amidst market volatility, consulting firms are stepping in to help firms align their operations while facing the uncertainties brought by tariffs.
Source: YAHOO
Reported 4 months ago
On May 15, 2025, analysts anticipate the release of critical economic indicators, including the preliminary consumer sentiment reading for May, which is expected to rise to 53.4, and housing starts forecasts of 1.36 million despite a decrease in building permits. This data is expected to provide insights into the current state of the economy and the sluggish housing market amid rising mortgage rates.
Source: YAHOO
Reported 4 months ago
In a recent episode of 'The Big Idea,' Lisa Price, founder of Carol's Daughter, shares her journey from a flea market vendor to a multi-million dollar business, emphasizing the importance of understanding customer needs and market trends. Drawing inspiration from Jay-Z, she highlights the significance of staying true to a brand’s roots while also adapting to consumer demands, revealing key entrepreneurial advice that every aspiring business owner should consider.
Source: YAHOO
Reported 4 months ago
Dick's Sporting Goods (DKS) has announced a $2.4 billion deal to acquire Foot Locker (FL) to enhance digital sales and global reach, while analysts debate the timing of the acquisition due to Foot Locker's struggles. Meanwhile, Deere's (DE) stock reached a high following a better-than-expected earnings report despite a profit outlook reduction, and CoreWeave (CRWV) experienced stock volatility after revealing a $4 billion agreement with OpenAI (OPAI.PVT) amidst investor mixed reactions.
Source: YAHOO