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.
The sprawling Montana lodge where Kelly Clarkson’s late ex-husband moved to after they split for sale for $2.9 million—a year after the talent manager died following a battle with cancer.
Pitching an institutional investor on a single private equity deal rather than a diversified fund was long deemed the sign of a buyout newcomer or a struggling rainmaker. Processing Content But now firms that take the single-deal approach — known in the industry as independent sponsors — are surging in popularity. It’s a way for…
The Ventura County District Attorney’s Office was awarded $898,840 from to investigate prosecute workers’ compensation fraud for the fiscal year. The grant, awarded through the California Department of Insurance, funds the DA’S Workers’ Compensation Fraud Unit. The unit includes prosecutors, investigators, an investigative assistant, a forensic accountant and an administrative assistant. Related: UPS Mechanic in…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were mixed to start the week . The market got some welcome news over the weekend after the U.S. and Iran paused military strikes ….
Fidelity Investments announced the addition of six new custom strategies and two new models to its SMA lineup for RIAs and broker/dealers. In addition, Fidelity launched new equity model SMAs that can be integrated into UMAs to offer a tax-efficient approach to portfolio management. The firm’s Institutional Tax-Managed Enhanced Equity and Institutional Tax-Managed Fundamental Equity…
DoorDash Inc. is building its own delivery drones and has gained the necessary approvals to operate them commercially, the latest in its effort to delegate more orders to robots as a way of cutting delivery times. DoorDash, the largest food-delivery company in the US, has gained the Part 135 air carrier certification from the Federal…