While Carvana Inc. shares soared despite weaker-than-expected financial results last week, two of the online car-seller’s smaller rivals were not as fortunate Monday. CarGurus Inc. CARG, +0.12% and Vr...
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Lemonade stock pops after earnings as insurance company plans to slow spending growth
Shares of Lemonade Inc. LMND, +4.32% were up more than 8% in after-hours trading Monday after the company, which provides renters’ insurance, car insurance, and more, posted a narrower loss than...
Clover Health stock drops after mixed earnings, announcement of impending CEO change
Shares of Clover Health Investments Corp. CLOV, +4.29%, which offers insurance plans to Medicare Advantage members, were off more than 6% in after-hours trading Monday after the company delivered a mi...
GoodRx stock rockets after earnings as company says snag with large grocer has been resolved
Shares of GoodRx Holdings Inc. were popping more than 30% in after-hours trading Monday after the company, which offers services for people looking to compare prescription drug prices, topped expectat...
Upstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lending
Upstart Holdings Inc. delivered a lower-than-expected revenue forecast for the current quarter, but its chief executive expressed confidence in the performance and value of artificial-intelligence-dri...
Nvidia stock tumbles after company says revenue fell way shy of expectations
Shares of Nvidia Corp. were tumbling more than 5% in morning trading Monday after the semiconductor company disclosed that it expects to fall well short of revenue expectations for its latest quarter,...
‘I must humbly and honestly acknowledge that things are really bad’ — SoftBank CEO on $23 billion loss.
TOKYO (AP) — Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rate...
A surging stock market is on the verge of signaling a ‘huge’ move — but there’s a catch
The pace of the stock market’s rise as it continues a bounce off the June lows is nearing a magnitude that’s preceded “huge” moves in the past. The dilemma for investors is that those moves can be in ...
Tesla unveils timing of 3-for-1 stock split, stock up 1.7% premarket
Tesla Inc. TSLA, +5.16% said it will conduct a 3-for-1 stock split that will give shareholders of record as of Aug. 17 a dividend of two additional shares of common stock on Aug. 24. Trading will begi...
4 questionable, but legal, things some financial advisers do with your money
Is your financial adviser ethical? Getty Images/iStockphoto There are many people out there who will offer to give you financial advice. And while most of them are ethical and trustworthy, sometimes y...
Should you rent or sell your home if you’re setting off overseas?
One of the biggest questions that many older workers face when embarking on an international remote working or digital nomad lifestyle is what to do with their single most valuable asset: their home. ...
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation wi...
Buffett’s Berkshire Hathaway reports $44 billion loss as portfolio value falls
Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway’s many op...
Applied DNA stock surges again, for 4-day gain of more than 870%
Shares of Applied DNA Sciences Inc. APDN, +1.57% jumped another 15.2% in morning trading Friday, to snap back from an earlier intraday loss of as much as 8.7%. The biotechnology company’s stock ...
Apple’s enviable cash hoard is dwindling — and that’s surprisingly good news for the stock price
Apple’s cash position is plunging, and that’s positive for both the business and the company’s shareholders. Yet many investors and Wall Street analysts see signs of trouble that Apple’s AAPL, -0.14% ...
Canopy Growth swings to big loss as revenue falls 19%
Canopy Growth Corp. CGC, -8.48% WEED, -6.91% shares fell 6% in premarket trades Friday after the company said it lost C$2.08 billion ($1.61 billion), or $5.23 a share in its fiscal first quarter, comp...
I hired a financial planner, but they’ve already lost $70K. What should I do?
Is a big loss a reason to ditch your financial planner? Getty Images/iStockphoto By ALISA WOLFSON Question: I recently rolled my retirement pension and 401(k) into one account, managed by a financial ...
Warren Buffett says this is the ‘biggest mistake’ people make with their money (and psst: it has to do with savings)
Warren Buffett johannes eisele/Agence France-Presse/Getty Images Warren Buffett, the infamous 91 year-old Oracle of Omaha, is worth roughly $100 billion dollars — and could clearly spend frivolously. ...
Cloudflare stock rallies 25% following earnings beat, raised revenue outlook
Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations and hiked its revenue outlook for the year. Cloudfl...
Warner Bros. Discovery stock slammed after earnings debut
In its first earnings report since bringing in HBO Max and other WarnerMedia properties, Warner Bros. Discovery Inc. on Thursday missed revenue expectations by roughly $2 billion and reported a large ...
Twilio stock declines as weak outlook follows a quarterly beat
Twilio Inc. shares fell in the extended session Thursday after the software company’s outlook came in below Wall Street expectations following a reported beat in the previous quarter. Twilio TWLO, +0....
‘We expect it to be removed’: Democrats’ push to close ‘carried interest loophole’ in jeopardy as Sinema seeks to block effort
Sen. Kyrsten Sinema has signaled her opposition to closing a controversial tax loophole that allows carried interest to be taxed as capital gains instead of income, according to multiple reports. As a...
Applied DNA Sciences pulls back after 6-fold surge in 2 days, after ‘upsized’ equity offering prices
Shares of Applied DNA Sciences Inc. APDN, +40.00% pulled back 5.1% in morning trading Thursday, after the biotechnology company announced the pricing of its “upsized” public equity offerin...
NanoViricides shares soar 41% after announcing plans to develop a monkeypox treatment
Shares of NanoViricides Inc. NNVC, +39.88% jumped 41.8% in premarket trading on Thursday after the company said it began developing a monkeypox treatment. There are currently no approved or authorized...
Malcolm Gladwell’s work from home comments spark backlash, accusations of hypocrisy
Comments from Malcom Gladwell about working from home have sparked a backlash on social media, with critics accusing the author of hypocrisy. “It’s not in your best interests to work at home,” said Gl...