Articles

Why this SoFi bull spies ‘opportunity in others’ fear’

SoFi’s stock continues to find defenders in the wake of the financial-technology company’s capital-raise announcement last week.

Despite fears, retailers have so far avoided impact of Red Sea disruption

The Houthi attacks on cargo ships in the Red Sea, which started last year, sparked concern about the impact on retailers confronted with increased shipping rates and longer journey times as freight is rerouted from the troubled region.

Global stocks are headed for a correction, but the pullback likely won’t snowball into a bear market, Ned Davis Research says

Stocks trading around the world have trudged to record or near-record highs this year, leaving them vulnerable to a correction once the “sugar high” of excessive investor enthusiasm wears off.

Boeing’s February deliveries slow down amid Max uncertainty

Boeing Co.’s February deliveries does little to ease worries about the jet maker.

Pell Grants are in trouble, threatening financial aid for low-income college students

The program, relied upon by 6 million students annually, is facing a serious financial shortfall.

The last mile of inflation hits another big bump in the road

Getting to 2% inflation from 3% could be tricky.

Why it will be a stock picker’s market over the next few quarters, says Amundi

‘Companies can certainly hide a lot when you can raise prices. But that’s going to be harder,’ says Craig Sterling, a portfolio manager and head of equity research at Amundi US.

Congress could take TikTok off your phone. But here’s why it may take a while.

The U.S. House of Representatives is poised to vote Wednesday in favor of a bill that would ban TikTok nationwide if the popular app continues to be controlled by a Chinese parent company.

U.S. budget deficit swells to $296 billion in February

Economists are growing concerned about the size of the deficit.

Tesla’s stock chart sends warning to bears that momentum may have bottomed

Tesla Inc. bears beware: The electric-vehicle giant’s stock has bounced sharply off a 10-month low at a time the charts have been warning that momentum may have already bottomed.

Running-shoe maker On’s stock slides 14% after surprise loss and revenue miss

Swiss running-shoe company On Holding AG’s stock fell 14% Tuesday to put it on track for its biggest one-day selloff in almost two years, after the company posted an unexpected loss for the fourth quarter and revenue that fell short of estimates.

Tesla’s Autopilot, other driver-assistance systems get poor ratings from auto-insurance group

The Insurance Institute for Highway Safety found that there was “little evidence” driver-assistance systems are making driving any safer.
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