Articles

SoFi’s stock rises as earnings bring surging loan growth and a number of records

SoFi originated a record amount of loans in the latest period while also hauling in a record number of new members.

Novo Nordisk issues profit warning as competition — legal and otherwise — hits Wegovy, Ozempic

Shares of Novo Nordisk skidded on Tuesday as the Danish drugmaker reduced its expectations on wildly popular drugs Ozempic and Wegovy.

Microsoft’s stock has been on fire. Will good earnings be enough to further the rally?

Microsoft’s hot stock performance means investors “may need some patience,” even if Azure numbers impress, according to one analyst.

Why Royal Caribbean’s stock is dropping even as cruise demand accelerates

Royal Caribbean’s stock falls as a slight revenue miss and disappointing current-quarter outlook offset a profit beat and raised full-year outlook.

PayPal earnings show the highest Venmo revenue growth since 2023. Here’s what’s working.

PayPal is improving monetization of Venmo with debit cards and increased usage of a checkout option.

Spotify reports surprise loss as employee costs, weak dollar weigh

Streaming giant Spotify Technology on Tuesday said it met goals for active users and premium subscribers but rising employee costs and a weak dollar led to a surprise loss in the second quarter.

The two sides’ interpretations of the U.S.-E.U. trade deal are diverging already

Economists and observers have been quick to highlight discrepancies between the White House and the European Commission’s version of events.

‘He is currently in jail’: My daughter’s husband has bipolar I disorder. Can he sign divorce papers?

“He opened credit cards in his name and spent every dime he could get his hands on, gambling and buying vehicles.”

The Fed risks a deflationary spiral by not cutting rates, these bond experts say

The Federal Reserve, by not cutting interest rates, is risking the creation of a deflationary downturn called a Kindleberger Spiral, a leading bond manager says.

Musician Adam Lambert sells Hollywood Hills home at a loss for $6.2 million

The American Idol runner-up listed the sprawling L.A. home, with a kitchen that is “pure drama,” for almost $7.4 million.

After living in it for just one month, Ellen DeGeneres and Portia de Rossi are selling U.K. farmhouse for $30 million

The couple are preparing to list their sprawling U.K. farmhouse after living there for just one month before moving on to a larger, more modern estate.

Philips lifts profit outlook on tariff mitigation as Stellantis flags $1.7 billion hit from levies

Shares of health device maker Phillips rallied as much as 14% on Tuesday as the company lifted its earnings guidance despite a hefty hit from tariffs.
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