Articles

Affirm’s stock soars after earnings crush estimates and CEO sees path to profitability

Affirm Holdings’ stock soared more than 15% in after-hours trading Wednesday, after the buy-now-pay-later company blew past estimates for its fiscal fourth quarter and said it expects to generate an operating profit by the fourth quarter of fiscal 2025.

Five Below is curbing its expansion plans. But shares are rallying.

Teen- and tween-centric discount retailer Five Below Inc. on Wednesday grew more pessimistic on its full-year sales outlook and said it would pull back on opening new stores in the months ahead, as it deals with dimming shopper enthusiasm and tries to shore up its existing stores.

Okta’s stock tumbles after earnings beat is offset by mixed guidance

Cloud company updated guidance to reflect a challenging macro environment and potential impacts related to an Oct. 2023 security incident.

HP returns to growth, but stock falls as profit comes up short

The PC maker beat revenue expectations for its latest quarter, while coming up short on a profit metric.

Salesforce’s stock gains as margin outlook gets a boost; CFO to step down

Company maintains its revenue outlook for the full year, while some analysts expected a cut.

Supreme Court declines to revive Biden student debt relief plan. Here’s what borrowers should know.

The court’s ruling is the latest in a legal battle over the SAVE plan.

Trump Media stock drops below $20 a share for first time since SPAC merger

Trump Media & Technology Group Corp.’s stock fell 5% on Wednesday to drop below $20 a share for the first time since the company merged with a special-purpose acquisition company earlier this year.

Eli Lilly’s Zepbound pricing shuffle leaves some patients fearing higher costs 

When Eli Lilly & Co. on Tuesday announced pricing and packaging changes for its popular weight-loss drug Zepbound, the drugmaker said it was expanding access for people living with obesity — but some patients see the company’s changes as putting the medication further out of reach. 

Why bitcoin could set a new record high before November

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

Markets recovered from the early August meltdown — but investors may not be so lucky next time

A team of economists at the Bank for International Settlements decided to dig into what triggered the global meltdown that bulldozed financial markets on Aug. 5.

This one food can cut your risk of Alzheimer’s by 30% — but the world may be running out of it

Two separate reports give the good news and the bad news.

Warren Buffett has so far called a top on Bank of America’s stock

Bank of America’s stock has bounced nicely over the past few weeks, but it still has a long way to go before recovering what it has lost since Warren Buffett’s Berkshire Hathaway started selling.
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