Financials


Robinhood Earnings Beat Estimates Thanks to Surge in Investor Trading Activity

A jump in investor trading of stocks and cryptocurrencies put additional wind in Robinhood’s sails in the second quarter.

4 minute read

Go to article

UBS Advisors’ Asset-Gathering Falters as Wealth Unit Loses Advisors

The Swiss bank’s Americas wealth management unit reported net outflows of $3.5 billion for the second quarter.

4 minute read

Go to article

Stifel Financial Stock Jumps Higher. Earnings Topped Wall Street’s Estimates.

The St. Louis-based investment banker and wealth manager saw a brisk second half of the quarter after the fallout from the White House tariff announcement in April.

2 minute read

Go to article

LendingClub Stock Soars 20%. The Online Lender Had a Stellar Quarter.

The online lending company comfortably beats quarterly earnings and revenue expectations.

1 minute read

Go to article

SoFi Stock Is Falling. Potential Dilution Could Be to Blame.

Fintech SoFi priced 71.9 million common shares at $20.85 a share, for proceeds of roughly $1.5 billion.

2 minute read

Go to article

Are Futures the New Options? This Stock Stands to Gain.

CME Group’s ability to attract retail investors to futures trading will be a game-changer for the industry.

3 minute read

Go to article

SoFi, UnitedHealth, PayPal, Merck, Novo Nordisk, UPS, Sarepta, Boeing, Norfolk Southern, and More Stock Market Movers

Revenue at SoFi jumps 44%, UnitedHealth slides after restoring financial guidance, and Sarepta soars after being notified by the FDA the company may lift its voluntary pause on shipments of Elevidys for ambulatory patients with Duchenne muscular dystrophy.

4 minute read

Go to article

Visa Profit Climbs 8% as Consumers Keep Spending

Wall Street closely monitors Visa’s payments volume to gauge activity and where customers are making transactions.

2 minute read

Go to article

Top Blackstone Real Estate Executive Among Those Killed in Manhattan Shooting

A gunman opened fire in a busy New York office building on Monday, killing three people before turning the gun on himself.

4 minute read

Go to article

JPMorgan Chase in Talks to Take Over Apple’s Credit Card Program, Report Says

JPMorgan Chase and Apple have been negotiating since last year, according to The Wall Street Journal.

1 minute read

Go to article

SoFi Stock Is Rising on Blockbuster Earnings. CEO Sees ‘Strong Demand.’

SoFi reports strong growth across its business segments and boosts its full-year guidance again.

3 minute read

Go to article

UnitedHealth, UPS, and Whirlpool Show First Cracks in a Strong Earnings Season

Tech and financials are booming. Other sectors are struggling.

4 minute read

Go to article

PayPal Earnings Top Estimates. The Stock Falls.

The fintech achieves its sixth consecutive quarter of profitable growth as its turnaround strategy continues.

2 minute read

Go to article

Trump’s Trade Victories Could Be Hollow. Why Markets Must Be Wary of China Talks.

Google awaits judge’s order, Blackstone executive killed in NYC shooting, Figma raises IPO price range, and more news to start your day.

Long Read

Go to article

Historic Fed Meeting, Big Tech Earnings, and More to Watch

This will be the busiest earnings week of the second quarter, with about 150 S&P 500 companies reporting. Investors will also sift through the results of an historic Fed meeting midweek and the jobs report on Friday.

Long Read

Go to article

Ameriprise Faces Slowing Earnings Growth. Analysts Aren’t Happy.

William Blair analysts lowered their rating on Ameriprise stock to Market Perform from Outperform Friday following the financial services firm’s second-quarter report.

2 minute read

Go to article

Elevance CEO Bought the Stock Dip

President and CEO Gail K. Boudreaux bought shares of the health insurer after Elevance slashed guidance.

2 minute read

Go to article

Charles Schwab to Buy Back $20 Billion of Stock

The company’s board left the quarterly cash dividend unchanged at $0.27 a common share.

2 minute read

Go to article

Tesla, Alphabet, IBM, Dow Inc., Honeywell, UnitedHealth, Southwest, American, and More Stock Market Movers

Net income at Tesla falls 16% in the second quarter, while Alphabet says quarterly cloud revenue jumped 32%.

Long Read

Go to article

Ameriprise Earnings Exceed Expectations. The Stock Is Down.

Second-quarter profit and revenue for the financial services firm grew from the same quarter a year ago.

2 minute read

Go to article

UnitedHealth Stock Is Falling. Insurer ‘Complying’ With Justice Requests.

The healthcare company says it is “complying with formal criminal and civil requests” from the Justice Department.

2 minute read

Go to article

Raymond James Earnings Missed Estimates. Here’s Why the Stock Is Rising.

CEO Paul Shoukry struck an optimistic tone, saying that tariff shock is abating and the pipeline for investment banking and advisor recruiting is improving.

4 minute read

Go to article

Goldman Sachs Stock Remains Best in Breed, but Berkshire Hathaway to Play Catch Up

Inside the financial sector, the iShares U.S. Broker-Dealer & Securities Exchanges exchange-traded fund is stealing the spotlight.

3 minute read

Go to article

LKQ Stock Is S&P 500’s Worst Performer. Fewer Cars Are Being Repaired.

The company now expects organic revenue for parts and services to decline year over year.

1 minute read

Go to article

ECB Keeps Rates on Hold. Why It Joined the Fed and Powell on Pause.

In June, the ECB lowered its key deposit rate for an the eighth consecutive quarter-point reduction. President Donald Trump thinks the Fed should follow suit.

2 minute read

Go to article