Shares of SoFi plunged more than 15% Wednesday after the company declined to raise its full-year outlook — a move CEO Anthony Noto said reflects macro reality, not weakening fundamentals. “We did not raise the full-year guidance because when we originally gave the full-year guidance, we were anticipating at least two Federal Reserve rate cuts,”…
CNBC’s Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally. “When it comes to tech companies, it’s not enough just to beat and raise anymore,” said the “Mad Money” host. “You need a shortage, or else your stock’s not gonna get much…
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks during his weekly press conference, on Capitol Hill in Washington, D.C., U.S., March 19, 2026. Nathan Howard | Reuters Congressional Democrats on Wednesday vowed to fight with what limited power they have from the minority in the House and the Senate against the Supreme Court’s decision to…
Before this season, it had been nearly five years since Shohei Ohtani last pitched but did not hit in a game. It has now happened twice in Ohtani’s last three starts on the mound, including in Tuesday night’s 2-1 loss to the Marlins, as the Dodgers attempt to keep their two-way sensation as healthy as…
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 29, 2026. Brendan McDermid | Reuters As Federal Reserve Chair took the podium for what was probably…
A general scene of LIV Golf signage during Day 3 at LIV Michigan at The Cardinal at Saint John’s in Plymouth, Michigan, Aug. 24, 2025. Michael Miller | ISI Photos | Getty Images Saudi Arabia’s Public Investment Fund will end funding of the LIV Golf league after the 2026 season, two people familiar with the…
Check out the companies making headlines after the bell : Alphabet — Shares added almost 7% after the tech titan posted first-quarter revenue of $109.9 billion, beating the $107.2 billion analysts polled by LSEG had expected. Google cloud revenue surged 63% from a year earlier to $20.02 billion last quarter, while analysts had penciled in…
Qualcomm shares staged a dramatic turnaround after the bell on Wednesday as CEO Cristiano Amon said on the earnings call that it would begin shipping data center chips to “a large hyperscaler” within the calendar year. The stock initially fell as much as 7% after the chipmaker reported second-quarter earnings that topped Wall Street estimates…
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images Federal Reserve chair nominee Kevin Warsh believes the Fed’s statutory independence doesn’t fully extend to international policy issues, he said…
LOS ANGELES — Fox will use British play-by-play commentators for six of its nine announcer teams at this year’s World Cup, adding Ian Crocker, Darren Fletcher and Mark Scott to Ian Darke, Derek Rae and Jacqui Oatley. There will be four all-British crews and 10 of 18 booth voices will be British, Fox said Wednesday….
