Financial Services
Affirm Soars on Strong Earnings Beat, Buoyed by Consumer Demand
Buy Now, Pay Later Firm Posts Surprise Profit, Stock Jumps 15% Affirm Holdings (AFRM) delivered a standout second-quarter performance, surpassing...
American Express Shares Rebound After Solid Q4 Results
Record Spending and Growth Forecasts Fail to Buoy Investor Sentiment American Express (AXP) shares trading flat in premarket trading on...
Robinhood Settles SEC Charges with $45 Million Payment
Settlement Highlights Record-Keeping and Reporting Violations Robinhood Markets (HOOD), the online trading platform, has agreed to pay $45 million to...
Carvana Secures $4 Billion Loan Deal with Ally Financial Amid Short Seller Criticism
Agreement Counters Hindenburg Research Allegations as Carvana’s Stock Gains Momentum Carvana (CVNA) has renewed its partnership with Ally Financial Inc.,...
Robinhood’s Remarkable Comeback: From Meme Stock Haven to Fintech Powerhouse
Innovative Products, Strategic Acquisitions, and Strong Earnings Drive Turnaround Robinhood (HOOD), once synonymous with the meme stock frenzy, has staged...
Nukkleus Expands into Defense Sector with Strategic Acquisition of Star 26 Capital
Pioneering Fintech Firm Takes Majority Stake in Key Iron Dome Supplier, RIMON Nukkleus, Inc. (NUKK), a leader in the fintech...
Wells Fargo Considers Selling Iconic San Francisco Headquarters
Lender affirms commitment to San Francisco while modernizing its real estate strategy Wells Fargo (WFC) is reportedly exploring the sale...
BlackRock Eyes $12 Billion Acquisition of HPS Investment Partners
World’s largest asset manager deepens push into the booming private credit market BlackRock Inc. (BLK), the world's largest money manager...
SoFi Strikes $2 Billion Deal with Fortress Investment to Expand Personal Loan Business
Strategic Partnership Marks a Major Step in Diversifying Revenue Sources SoFi Technologies (SOFI), an online bank with a vision of...
Upstart Upgraded to Neutral as Improving Credit Quality and Lower Rates Drive Positive Outlook
Better Loan Performance and Diversified Funding Set the Stage for a Stronger 2H’24 Upstart Holdings (UPST), a company known for...
