font size Last month, SoFi reported strong deposit numbers for the second quarter and beefed up its financial guidance. Justin Sullivan/Getty Images Investors are constantly becoming more interested SoFi Technologies Citi analysts said they raised their price target for the fintech stock. Citi analysts maintain their Buy rating SoFi (Stock ticker: SOFI) and cut its […]
Ask an Advisor: I’m 61 and have $900K in my 401(k) account and $800K “sitting in a money market account”. How can I invest? I have $800,000 in a money market account because I don’t know what to do with it. I was hoping I could put it into something that could generate 4-5% growth. […]
San Mateo, California Roblox (RBLX) is a popular video game platformer that is a play on the emerging metaverse, a next-generation version of the internet. Is Roblox stock a buy in light of the current stock market rally? X Early Thursday, Roblox shares fell more than 4%, with about 28 shares changing hands, after Citigroup […]
Empty nester not saving enough for retirement Saving for retirement It is a lifetime pledge. It involves taking into account your retirement goals as you have kids, get different jobs and move from place to place. However, a recent study from the Center for Retirement Research at Boston College shows that many parents may not […]
Another set of results from Adyen, and another drop in the stock market. Once a darling of the European tech scene, the Dutch payments provider needs Silicon Valley to regain its magic. The stock fell by more than a quarter in European trading Thursday after the company released semi-annual numbers that showed a significant slowdown […]
font size J&J took consumer health company Kenvue public in May. Mark Ralston/AFP via Getty Images Johnson & Johnson Just over eight shares will be issued Kinfu Each of its shares in what is likely to be a stock offering is oversubscribed totaling about $40 billion. The pricing period for the exchange offer runs from […]
font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a […]
Dow futures extended early gains Thursday after morning economic data, including weekly jobless claims from the Labor Department. Meanwhile, Wal-Mart jumped on strong earnings results. X Unemployment claims fell for the first time to 239,000 vs. 248,000 in the previous week. It was expected to drop to 240,000. Elsewhere, the Philadelphia Fed Manufacturing Index came […]
(Bloomberg) — Shares of Adyen NV fell after increased competition in North America contributed to the slowest revenue growth since its initial public offering. Most Read from Bloomberg Shares fell by the most on record, down 23% to €1,140.80 at 10:29 am in Amsterdam. The Amsterdam-based financial technology company said Thursday that revenue growth in […]
Traders work on the floor of the New York Stock Exchange in New York on November 25, 2008.Photograph: Lucas Jackson/Reuters The US economy may soon be in danger of contracting, according to Wermuth Asset Management. Fluctuating commercial property values correcting huge stock valuations would drive prices lower. Inflation accelerated by 3.3% year-on-year in Julymuch lower […]