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Sofi (SOFI) fell to below $5 after posting first-quarter results. SOFI stock is in a sustained 2022 slump as investors weigh on second-quarter guidance. Investors may accumulate shares from here. Source: Michael Vi / Shutterstock SoFi Technologies (NASDAQ:SOFI) took a hit and then stabilized after posting first-quarter (Q1) results. Typical of a growing fintech firm,

Treasurys were under renewed pressure Monday, pushing up yields, as a selloff in equities let up and worries about inflation and recession remained. What yields are doing The yield on the 10-year Treasury note TMUBMUSD10Y, 2.834% was at 2.82%, compared with 2.785% at 3 p.m. Eastern on Friday. Yields and debt prices move opposite each

It has been a challenging year for investors with exposure to the technology sector, as many stocks have been hammered by a number of factors, including high inflation, supply chain disruptions, geopolitical tensions, and rising interest rates. FAANG stocks — an acronym for prominent tech behemoths Meta Platforms(NASDAQ: FB), which was formerly known as Facebook, Amazon

With prices rising everywhere, Airbnb ABNB, -3.83% hosts report that their hosting money has become essential money. More than a third of the Airbnb hosts around the world said hosting has helped them to cover the rising costs of living. The lodging rental company rolled out its annual survey this week that looks into how

Mullen Automotive (NASDAQ:MULN) stock is on the cloud line after a spate of positive announcements. Shares soared almost 20% in a single day, thanks to the company and Linghang Guochang Group extending their partnership on solid-state battery technology. It is better to wait for the company to give away its gains before purchasing more shares.

Early Voting won the 147th running of the Preakness Stakes, the second leg of thoroughbred racing’s Triple Crown. Epicenter finished second in the contest, held at Baltimore’s Pimlico Race Course. Creative Minister came in third. Early Voting was among the favorites and went off at 5-1 odds. Epicenter was the top favorite in the nine-horse

Saudi Arabia’s Public Investment Fund, which owns 62.7% of Lucid Group (LCID), filed its quarterly 13F on May 16. It didn’t sell any of its LCID stock. If you’re a shareholder, that is viewed as good news. However, if you’re thinking of buying, you might want to think twice. Source: Tada Images / Shutterstock Saudi

Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG. This week, a major move to cut Tesla from a closely followed environmental, social and governance (ESG) index brought anger and relief in nearly equal measure. Defiance

Lumen Technologies (LUMN) has reported a mixed Q1 2022 earnings report. The company gave upbeat guidance for the 2022 outlook, which is positive. There is a revenue growth problem and a high level of debt that weigh on it negatively. Source: T. Schneider via Shutterstock Lumen (NYSE:LUMN), a technology and communications company that helps companies experience

Hi, MarketWatchers. Don’t miss these top stories. ‘I chose to take a gamble’: Husband-wife lab researchers admit taking Pfizer vaccine data to develop their own cancer treatment The plot unraveled after Chenyan Wu was caught trying to sneak toxic chemicals into the U.S. from China to start a lab in San Diego. Read More Airbnb

Snowflake (NYSE:SNOW) stock now sells for less than on the day of its IPO. The company continues to grow and innovate despite the sharp sell-off in shares. It may not be time to buy SNOW stock yet, but the time will come. Source: Sundry Photography / Shutterstock.com Data warehousing company Snowflake (NYSE:SNOW) is down nearly

No, no, Power Ranger! The actor who played the original Red Power Ranger in the hit ’90s “Mighty Morphin Power Rangers” TV series has been accused of participating in a $3.5 million stimulus fraud scheme.  Jason Lawrence Geiger, who starred in the series under the stage name Austin St. John, was one of 18 people

Enphase Energy (ENPH) has reported strong Q1 earnings beating on both top and bottom lines The company has made a 3-month rally of nearly 10% but this may come to an end soon Shares are now overvalued and there are 3 core risks to place attention now Source: IgorGolovniov / Shutterstock.com Enphase Energy (NASDAQ:ENPH), a

SpaceX paid a flight attendant $250,000 in 2018 to settle a sexual misconduct claim against Elon Musk, its founder and chief executive, according to a report Thursday by Business Insider. Citing interviews with a friend of the woman and documents it obtained, Business Insider reported the woman accused Musk of exposing himself to her on

Tough week for retailers. Big earnings misses by Walmart (NYSE:WMT), Target (NYSE:TGT) and Kohl’s (NYSE:KSS) left investors reeling and contributed to a steep selloff across stock markets, including the biggest one-day drop in two years on May 18. Wall Street will be looking for better results in the week ahead as we get first quarter

The global cryptocurrency market lost over $300 billion last week and about $1.7 trillion in the past seven months. But the impact on U.S. household wealth, spending and the labor supply are likely to be limited, according to Goldman Sachs. The crypto market capitalization has plunged to around $1.3 trillion as of Thursday, from an

Twitter (TWTR) stock traders are, understandably, obsessing over whether the company will go from publicly held to private. However, informed investors shouldn’t bury the real headline, which concerns Twitter’s daily active usage increase. Thus, investors should consider holding their Twitter shares while they’re still publicly traded. Source: shutterstock.com/khak There are a lot of shortages in the

Consumer stocks were hit hard on May 18 as disappointing earnings reports from Target Corp. and Walmart Inc. led to double-digit declines for many retailers. Market Snapshot: Dow skids 1,100 points and heads for worst day since June 2020 on stagflation fears, higher costs eroding profits Shares of Target TGT, -24.93% fell 25% after the

Black Rifle Coffee (BRCC) reported a big loss for the first quarter. The company is growing rapidly but came public at a bad time. Investors care more about Black Rifle delivering profit than politics. Source: rblfmr / Shutterstock I called Black Rifle Coffee (NASDAQ:BRCC) a “red state Starbucks (NASDAQ:SBUX)” in March and the company has

Under Armour Inc. announced Wednesday afternoon that its chief executive is stepping down, a little more than two years after he replaced the founder at the top of the athletic-gear company. Under Armour UA, -6.90% said that Patrik Frisk will step down June 1 and be replaced on an interim basis by Colin Browne, the