Articles

CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead

Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with car buyers and dealers in the U.S. and internationally.

These tips for investing in mutual funds and ETFs are a vote for your money

Cheap stocks, higher yields and other postelection portfolio moves to consider.

Overnight stock trading hit a record high on the night of the U.S. election

Brokerages that offer overnight and 24-hour trading saw a surge in volume on the night of the U.S. election.

Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns

Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment geared toward businesses.

Phunware narrows third-quarter loss amid revenue decline

Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.

DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes

DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.

Pinterest’s stock tumbles as earnings show slim revenue beat

Pinterest Inc.’s stock tumbled 14% in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.

Affirm sees booming buy-now-pay-later growth, but stock dips after earnings

The company is seeing more of its business shift toward interest-bearing products.

Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Toast’s stock soars 26% after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.

Trump’s win and the Fed’s rate cut are giving the stock market an open road

S&P 500 races ahead, and opportunities surface in solar power and crypto.
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