SoFi, a financial technology company, is seeing a potential surge in demand thanks to anticipated interest rate cuts. The article argues that declining consumer loan delinquency rates and the expectation of lower interest rates will fuel refinancing demand for mortgages and student loans. This, in
The Nordstrom family is back with a $23 per share offer to take the department store chain private. But is it a fair deal? A Jefferies analyst says it is, calling the price 'fair and balancing the difficult operating environment with the company's long-term growth potential and strong brand.' But
The stock market is in a bit of a pickle, folks. It's gone from 'good news is bad news' to 'bad news is bad news' in a blink. Remember how investors used to cheer for weak economic data because it meant the Fed might keep interest rates low? Well, times have changed. Now, everyone's expecting the F
Donald Trump's foray into the social media world has been anything but smooth sailing. After his personal fortune in Trump Media & Technology Group (TMTG) soared to over $6 billion when shares made their public debut, it has now taken a nosedive, falling more than 70% from its peak and reducing Tru
Wall Street had a rollercoaster Thursday, with tech stocks soaring while data on the job market painted a more mixed picture. The Nasdaq, home to giants like Tesla and Nvidia, saw a healthy boost, pushing higher by nearly 0.5%. But the broader S&P 500 and the blue-chip Dow Jones Industrial Average
What's the deal with Serve Robotics' latest cash infusion? The autonomous sidewalk delivery company just announced a private offering expected to bring in around $20 million. But dig deeper, and you'll find some interesting details that warrant further scrutiny. Key points:- Single institutional i
Prospect Capital (NASDAQ: PSEC) shares jumped in after-hours trading on the back of a strong earnings beat for its fiscal fourth quarter. The business development company posted net investment income per share of $0.25, easily topping analyst expectations of just $0.18. However, some key metrics di
The once-revered 'Magnificent Seven' tech stocks might be losing their luster among big-time investors, potentially foreshadowing trouble for the bull market that has heavily depended on these tech titans. According to Goldman Sachs' examination of recent quarter-end securities filings, both hedge
Nvidia, the undisputed champion of the AI revolution, has treated its investors to a roller coaster ride for the past couple of years. With a market cap fluctuating wildly by nearly nine times since the end of 2022, the company reached an all-time high in June, making a brief appearance as the world
Get ready for some exciting moves in the media and entertainment industry! Analysts have turned their attention to two major players, Sphere Entertainment and Fox Corp, predicting substantial growth for both. Sphere Entertainment, which owns the iconic Las Vegas Sphere, could see a 23% surge, while
