Why SoFi’s stock is dropping, even after its earnings beat expectations
Investors were disappointed by the neobank’s restrained guidance.
Investors were disappointed by the neobank’s restrained guidance.
On a Monday morning in late March, a member of Nestlé’s marketing team walked into the company’s office in Vevey, Switzerland with unusual and costly news. More than 400,000 KitKat bars, some 12 tons of chocolate, had vanished while being transported from a Nestlé factory in central Italy to its destination in Poland, after thieves made off with the truck. It was days before…
The Consumer Price Index (CPI) — the government’s main inflation gauge — fell 0.4% from May, its largest month-over-month drop since April 2020. That pulled the annual inflation rate down to 3.5%, from 4.2% the month before. Economists had expected a more modest monthly drop of 0.2%, and for the annual rate to land at…
Creative Planning, an Overland Park, Kan.-based registered investment advisor with about $710 billion in assets under management and advisement, has acquired Lovell Insurance Group, a Lee’s Summit, Mo.-based commercial insurance brokerage, specializing in complex commercial insurance, surety and risk management. Lovell Insurance Group was founded in 2017 by John Lovell, who has joined the Creative…
JetBlue Airways’ fare classes will look much different by the end of the year. The airline is adding new domestic first class seats to some airplanes and plans to sell “basic” versions of domestic first class and extra-legroom fares. In total, customers will choose from four different types of seats and three different fare classes….
Listen to the audio version of this article (generated by AI). As we enter the second half of 2026, investors are being pulled in a dozen different directions. First, there were concerns about memory stocks. Next came renewed concerns about inflation heating back up. (I’ll be reviewing this week’s inflation data in another Market 360…
Couples often treat prenuptial agreements as something to worry about only if a marriage ends, but many of the most useful decisions happen long before that possibility ever arises. The process can bring financial expectations, family responsibilities and future planning into the open while both people are still working toward the same goals. In this…