Shares of SoFi Technologies Inc. (SOFI) were rising 7% in premarket trading Monday after the digital financial services company delivered an upbeat earnings forecast for the full year ahead. Total deposits at SoFi Bank rose 46% on a sequential basis. For the first quarter, SoFi anticipates $40 million to $45 million in adjusted Ebitda, and for the full year, the company expects to see $260 million to $280 million.
While every market advisor will tell you never to try to ‘time’ the market, timing is still important for success. Investors need to buy into low prices, and to do that, they need to know when prices are low. This doesn’t necessarily mean low in absolute dollar terms, but low relative to a stock’s recent past performance. In recognizing that lower price range, investors can turn to Wall Street’s pros for help. The analysts have been busy lately, picking out stocks that are in their lower price r
Stock in Alibaba the Chinese e-commerce site, fell 7% in Hong Kong trading on Monday after reports the company is moving its headquarters out of the country. Alibaba (ticker: HK:9988) is close to completing a new campus in Singapore, according to the reports, which could become its global headquarters. The Sina Financial news site reported that the company denied the speculation and its headquarters would remain in the city of Hangzhou in the east of mainland China.
Time for a long overdue breather in Tesla's stock?
Glide right into retirement.
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. Europe and China are leading the way, with fully electric vehicles accounting for 11% and 19% of all new vehicles sold, respectively. With stock prices down and sales continuing to pick up, investors should look at investing in a diverse mix of EV makers in 2023.
The stock market would likely move higher if inflation cools off, but these two stocks could be big winners.
These high-yield energy stocks, which average a jaw-dropping 8.51% yield, can seriously pad your wallet.
(Bloomberg) -- Investors flocking to the equity rally will be disappointed as they’re in direct defiance of the Federal Reserve, according to Morgan Stanley strategists.Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalAdani Rout Hits $68 Billion as Fight With Hindenburg IntensifiesRussia Can’t Replace the Energy Market Putin BrokeHistoric Crash for Memory Chips Threatens to Wipe Out Earnings“Better price action in stocks has started to convince many investor
Investors should temper expectations, as this company's near-term success is largely out of its control.
Not everyone is required by law to file a tax return. Here's how to know if you have to and why even if you don't have to, you might want to.
Thinking about an investment property? You might want to think again.
The Hang Seng tumbled as Chinese markets returned to trading after the New Year's holidays. Alibaba and some Adani-linked companies were under pressure.
Pfizer/BioNTech, Moderna and Novavax are included in this Analyst Blog.
Sales were crashing, earnings turned to losses, and the pain is likely to persist. You can understand why investors were not happy with Intel's (NASDAQ: INTC) fourth-quarter results. *Stock prices used were the afternoon prices of Jan.
The stock is already down about 15% in 2023 as the pharmaceutical giant gets set to report earnings.
Teladoc Health (NYSE: TDOC) sank 74% last year -- and for one particular reason. The telemedicine giant reported two billion-dollar noncash goodwill impairment charges. Both were linked to the acquisition of chronic-care specialist Livongo.
(Bloomberg) -- This time was supposed to be different.Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalAdani Rout Hits $68 Billion as Fight With Hindenburg IntensifiesRussia Can’t Replace the Energy Market Putin BrokeHistoric Crash for Memory Chips Threatens to Wipe Out EarningsThe memory-chip sector, famous for its boom-and-bust cycles, had changed its ways. A combination of more disciplined management and new markets for its products — including 5G technol
The Dutch technology-health company said its performance was hit by cost inflation that was partly offset by pricing and productivity measures.
"You go through the dark, disgusting rabbit hole of, 'Why was it me?'"