Category: Stocks

  • Stock Market Weekly Summary

    Stock Market Weekly Summary

    The stock market ended the week mixed on Friday, with the S&P 500 closing up 0.27%, the Nasdaq-100 closing up 3.05%, the Dow Jones Industrial Average closing down 0.68%, and the Russell 2000 Index closing down 0.50%. The mixed performance of the major indices suggests that investors are still uncertain about the direction of the…

  • 13F Reveals: Tech Giants Lead the Pack in Aggregate Market Value

    13F Reveals: Tech Giants Lead the Pack in Aggregate Market Value

    Investors, analysts, and Wall Street enthusiasts have been eagerly anticipating the latest round of 13F filings, and as of today, the wait is finally over. These quarterly reports for March 31, 2023, submitted by institutional investment managers with over $100 million in qualifying assets, provide a treasure trove of insights into the latest moves of…

  • NerdWallet Shares Plummet 22.4% Despite Strong Q1 Earnings Report

    Despite reporting strong Q1 2023 earnings, NerdWallet, Inc.’s (Nasdaq: NRDS) stock dropped $9.70, or 22.4%, to $2.80 today, as investors reacted to the company’s financial outlook for Q2 2023. NerdWallet, a leading platform providing financial guidance to consumers and small to mid-sized businesses (SMBs), announced its financial results for the first quarter of 2023, which…

  • Why WIX stock price is down?

    Why WIX stock price is down?

    As of now, Wix.com’s stock price is trading at $75.50, experiencing a 10.66% drop, which translates to a decrease of $9.01 for today. Benzinga recently reported that a whale, or a large investor with significant funds, has taken a notably bearish stance on Wix.com. This observation is based on the company’s options trading history. Out…

  • SoFi Technologies’ Stock Decline Continues Despite Strong Q1 Earnings

    SoFi Technologies’ Stock Decline Continues Despite Strong Q1 Earnings

    San Francisco-based fintech firm SoFi Technologies, Inc. has experienced another drop in share price, with the stock falling another 11.96% to $4.82. This follows a 12.2% drop in share price yesterday, which came in the wake of the company’s strong Q1 earnings report. Despite reporting record net revenue and adjusted EBITDA, SoFi’s stock has been…