SoFi Earnings: ‘Good Times Never Seemed So Good’

By Yahoo Finance August 01, 2023 In Staking, Stock Market

5 Things to Know Before Markets Open

Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.

2h ago

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Investor’s Business Daily

Only 11 Stocks’ Dividends Are Impressive Now That CDs Yield 5.4%

It’s possible to score 5% yields on CDs. So to even consider dividend paying S&P 500 stocks the yield had better be impressive.

2h ago Bloomberg

Morgan Stanley Strategists Say US Stocks Are in a 2019-Like Rally

(Bloomberg) — US equities are tracking the same path they did in 2019, which was one of the best years for the S&P 500 over the past decade as it handed investors a 29% return, according to Morgan Stanley’s staunch bear, Michael Wilson.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur Econom

6h ago The Wall Street Journal

Trucking Giant Yellow Shuts Down Operations

Yellow, one of the oldest and biggest U.S. trucking businesses, is preparing to file for bankruptcy and is in discussions to sell off all or parts of the business. Yellow, one of the oldest and biggest U.S. trucking businesses, shut down on Sunday, wrecked by a string of mergers that left it saddled with debt and stalled by a standoff with the Teamsters union. What Yellow couldn’t deliver—despite swallowing rivals, getting union concessions and securing a government bailout—was consistent service for customers or profits for investors.

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12h ago Business Insider

The great Rolex recession is here: How the Fed crushed the luxury watch boom

The secondhand watch market has sunk to its lowest level in over two years, according to the WatchCharts index.

21h ago Reuters

SEC asked Coinbase to trade only in bitcoin before suing crypto exchange -FT

The SEC had accused Coinbase of operating illegally because it failed to register as an exchange. It also alleged that Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon.

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The Wall Street Journal

Stocks to Watch Monday: Palantir, Walmart, J&J

↗️ [**Palantir (PLTR)**](https://www.wsj.com/market-data/quotes/PLTR): The data-mining company’s shares gained 8% in morning trading. The stock surged 10% Friday, boosted by an analyst note that said it was poised to be a major player in the artificial-intelligence revolution.

a few seconds ago TipRanks

Seeking at Least 9% Dividend Yield? This 5-Star Analyst Suggests 2 Dividend Stocks to Buy

“What lies ahead for the stock market?” That’s the burning question on the minds of every market and economic expert out there, and it’s undoubtedly a challenging one. Inflation has moderated to a reasonable 3% annually, and the job market is showing signs of strength. Stocks are surging, indicating that investors have factored in the risk of a potential recession. However, this leads to a problem highlighted by B. Riley’s chief investment strategist, Paul Dietrich. He points out that the latest

Yahoo Finance

Caesars steps further into iGaming trend with Caesars Palace App

Caesars new standalone iGaming app comes as competitors continue to invest in the space.

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Apple, Amazon earnings, July jobs report: What to know this week

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1d ago Barrons.com

Ford Stock Catches Downgrade. Chrysler Owner Stellantis Is the Best Bet, Says This Analyst.

Jefferies analyst Philippe Houchois downgraded Ford stock to Hold from Buy. His price target went to $15 a share from $17.

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Factors to Note Ahead of Axcelis’ (ACLS) Q2 Earnings Release

Axcelis’ (ACLS) second-quarter performance is likely to have benefited from increased demand for Purion suite of products.

2h ago Investor’s Business Daily

Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?

Cantaloupe does not sell fruit. The Malvern, Pa., firm provides hardware and software for the self-service business market.

23h ago Bloomberg

Forget China, The Hot Money in Mining Is Suddenly Saudi

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4h ago Business Insider

Tupperware might just be the latest meme stock after its shares tripled in a week

Shares in the embattled food container manufacturer surged to more than $3 in just a few days, leaving some wondering if it’s the new GameStop.

2d ago

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