Fintech lender SoFi Technologies delivered a standout quarter, with profit doubling and growth hitting record levels. But surprisingly, investors weren’t impressed — sending the stock sharply lower. Shares of the company dropped about 12% in early trading on Wednesday after it chose not to raise its full-year forecast, even as its latest results beat expectations. … Read more
Key Points Amazon shares tumbled 8% on Friday after the company reported mixed fourth-quarter earnings and dramatically raised its long-term spending forecast to $200 billion. Here’s how Amazon performed compared with analyst expectations from LSEG: Wall Street also focused on key business segments: Massive AI Spending Push AMAZN said capital expenditures will keep climbing as … Read more
Key Points Alphabet, the parent company of Google, beat Wall Street expectations for the fourth quarter, but investors weren’t fully impressed. A massive new spending plan focused on artificial intelligence infrastructure cooled enthusiasm, sending shares lower in extended trading on Wednesday. Even though Alphabet topped estimates for revenue, earnings per share, and cloud performance, the … Read more
Delta Air Lines is making a striking move that underlines its confidence in the global travel rebound. The Atlanta-based carrier announced it’s ordering 30 Boeing 787 Dreamliner jets — its first direct purchase of that aircraft model — with options for 30 more, signaling a major expansion of its long-haul fleet. The deal marks a … Read more
Asia-Pacific stocks climbed on Tuesday as investors set aside a mix of geopolitical worries and a rare legal cloud hanging over the U.S. Federal Reserve. Japan’s Nikkei 225 stole the spotlight, jumping 3.4% after markets reopened from a holiday, with the broader Topix index up 2.13%. Traders cheered signs that Japan’s ruling Liberal Democratic Party … Read more
Nike’s shares suddenly dropped by up to 10% in pre-market trading — and the decline isn’t due to just one number, but a combination of factors. This event surprised many investors because while the company beat revenue expectations in its recent earnings report, profit margins and regional performance raised concerns. What Happened: Nike’s Q2 results … Read more
Key Points Wall Street is bracing for Thursday’s release of the November consumer price index, a closely watched report that will be the first snapshot of inflation since the record-setting U.S. government shutdown wrapped up last month. Economists surveyed by Dow Jones expect the data to show inflation running at a 3.1% annual pace. Core … Read more
Lululemon announced on December 11, 2025, that CEO Calvin McDonald will step down on January 31, 2026, and that the board is launching a comprehensive CEO search. The company also agreed to retain McDonald as a senior advisor until March 31, 2026, to facilitate a smooth transition. The company’s shares surged immediately following this announcement—jumping … Read more
Stocks wrapped up Friday’s session just shy of fresh record highs, with the S&P 500 stopping just under the 6,900 mark as a nervous bond market eyed the week ahead. Investors are gearing up for a packed few days, highlighted by the Federal Reserve’s final meeting of 2025 — and Chair Jerome Powell’s last scheduled … Read more
Meta shares shot higher on Thursday after a new report suggested CEO Mark Zuckerberg is preparing to slash spending on the company’s once-hyped metaverse division — a sign that Meta is doubling down even harder on the AI race. According to Bloomberg, Zuckerberg is considering cutting the metaverse budget by as much as 30%, a … Read more