Affirm’s Stock Is Rising. A Revenue Beat Is Only One Positive.
By Emily Dattilo
Advisor M&A Ticks Back Up as Industry Faces ‘Succession Crisis’
By Kenneth Corbin
Getting Inflation Down May Require Weaker Labor Market, Fed’s Collins Says
By Nicholas Jasinski
Shopify, Uber, Lyft, Intel, Tesla, Rivian, Tripadvisor, DoubleVerify, ZoomInfo, and More Movers
By Joe Woelfel
A TOUGH DAY FOR SHOPIFY
Shopify Earnings Topped Estimates. Why the Stock Is Tumbling.
By Sabrina Escobar
TECHNOLOGY
- E-commerce company Shopify swung to a surprise loss in its fiscal first quarter, leading to a nearly 20% stock drop.
- It also warned that the sale of its logistics business would weigh on second-quarter revenue growth.
- Revenue rose 23% year over year to $1.9 billion, ahead of projections for $1.83 billion.
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The Stock Market Rally Was Fun. That’s as Good as It Gets for Now.
By Jacob Sonenshine
Match Stock Is Tumbling. Fewer People Are Paying for Tinder.
By Angela Palumbo
Election 2024: How to Invest Before Trump, Biden, Compete for Presidency
By Paul R. La Monica
Intel Stock Drops After U.S. Revokes Export Licenses to China. Here’s Why.
By Angela Palumbo & Eric J. Savitz
Regional Bank Stocks Are Hated Again. It’s Time to Buy.
By Jacob Sonenshine
This Swing-State Data Shows Why Biden Could Lose the Election
By Megan Leonhardt, Joe Light & Shayanne Gal
TESLA FRAUD INVESTIGATION
Tesla Stock Drops Again on Reports of Musk FSD Investigation
By Al Root
EVS
- Prosecutors are investigating Tesla over comments about its driver assistance technology Reuters reported.
- The investigation boils down to whether Tesla’s claims about its driver assistance fraudulently mislead customers.
- Tesla stock was down 1.5% by late morning. It's down nearly 30% for the year.
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Teva Stock Is Powering Ahead as Schizophrenia News Offsets Mixed Earnings
By Josh Nathan-kazis
Toyota Earnings Guidance Was Terrible. It’s Bad News for Tesla.
By Al Root & Brian Swint
Bond King Bill Gross Says Bond Funds Are a Bad Idea
By Ian Salisbury
Robinhood Earnings: What to Expect
By Andrew Welsch
9 Rules for Trading Options in a Changing Market
By Steven M. Sears
THE WNBA'S BIG SEASON
Caitlin Clark Isn’t the Only One Having a Moment. The WNBA Is Having One, Too.
By Anita Hamilton
SPORTS
- As Caitlin Clark makes her WNBA debut, all eyes are on the league to see if it can have a breakout season of its own.
- Key to its success is raising revenue which would help raise player pay, which starts at just $76,535.
- Top players make far more in endorsements and playing abroad. Clark has a reported $28 million deal with Nike.
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Chinese Stocks Are Bouncing Back. Why You Should Wait.
By Reshma Kapadia
How a Niche Fund Became the Biggest Active ETF
By Ian Salisbury
Nextdoor Stock Rallies as Earnings Top Estimates
By Eric J. Savitz
Kyndryl Stock Jumps as Earnings Top Estimates. The IBM Spinoff Is Getting Closer to Growth.
By Eric J. Savitz
Treasurys Are Tougher to Sell. This Week Could Be Different.
By Karishma Vanjani
Palantir, Disney, Peloton, Lucid, UBS, Datadog, Beyond, Builders FirstSource, and More Movers
By Connor Smith, Angela Palumbo & Joe Woelfel
No, the Bond Market Isn’t About to Implode. The Case for Boring.
By Larry Hatheway
DISNEY'S BIG DROP
Disney Stock Tumbles. CFO Says Road to Profits in Streaming ‘Is Not a Linear One.’
By Emily Dattilo
MEDIA
- Disney stock fell 9.5% Tuesday after a charge from India operations resulted in a loss and sales came up short.
- On an adjusted basis, Disney topped Wall Street’s earnings expectations and boosted fiscal-year guidance.
- The company also has plans to start cracking down on password sharing this summer.
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