Affirm Holdings saw its provision for credit losses jump to $214.2 million in the second quarter compared to nearly $153 million from the same quarter a year ago.
The U.S. economy has officially entered a new phase of high-octane efficiency, according to the latest data released by the Bureau of Labor Statistics. In a report that has sent ripples through the global financial markets this February 5, 2026, nonfarm productivity was revealed to have surged at a
In a move that has fundamentally reshaped the landscape of American infrastructure, Blackstone Infrastructure Partners has finalized its blockbuster $5.65 billion acquisition of Safe Harbor Marinas. The deal, which saw the world’s largest marina operator transition from the portfolio of Sun Communities, Inc. (NYSE:SUI) to the private
Live cattle rounded out a weaker Thursday session with contracts down $5 to $6.20. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,602 head offered, with bids of $235-236. Cash movement has been quiet this week. Feeder cattle...
In a historic session that has sent shockwaves through global financial centers, the gold market suffered its most precipitous one-day decline in decades on Friday, January 30, 2026. After a nearly vertical climb throughout 2025 that saw bullion prices touch all-time highs near $5,600 an ounce, the "yellow metal"
The U.S. labor market continues to defy expectations of a sharp downturn, as the latest employment data reveals a resilient economy that refuses to buckle under the weight of sustained interest rates. The Bureau of Labor Statistics reported this morning that the U.S. economy added 175,000 nonfarm
As of early February 2026, the long-standing dominance of high-growth technology and artificial intelligence (AI) stocks has hit a significant wall, triggering a massive "Great Rebalancing" across the U.S. financial markets. Investors, once captivated by the promise of infinite AI scaling, are now rotating aggressively into defensive and value-oriented
The S&P 500 has reached a pivotal juncture in early 2026, pushing toward the historic 6,144-point milestone, a level that has become a lightning rod for technical analysts and institutional strategists alike. This push to record highs comes at a paradoxical moment for Wall Street; while the headline
In a sharp reversal of the optimistic momentum seen at the end of last year, U.S. consumer confidence has tumbled to an eight-month low, with the Conference Board’s Consumer Confidence Index falling to 98.3 in January 2026. This decline marks a significant psychological shift among American households,
The financial world is currently navigating the "Warsh Shock," a period of intense market recalibration following President Donald Trump’s nomination of Kevin Warsh as the next Chairman of the Federal Reserve on January 30, 2026. As the successor to Jerome Powell, Warsh represents a dramatic shift in monetary philosophy,
As part of its 25th anniversary, Bulltick, the wealth management and investment banking firm founded by Adolfo del Cueto Aramburu, presents its annual report. This analysis provides a detailed view of global economic projections, with a focus on the macroeconomic data that will shape the financial landscape in the coming years.
Collaboration software company Atlassian (NASDAQ:TEAM) reported Q4 CY2025 results beating Wall Street’s revenue expectations, with sales up 23.3% year on year to $1.59 billion. Guidance for next quarter’s revenue was optimistic at $1.69 billion at the midpoint, 2.9% above analysts’ estimates. Its non-GAAP profit of $1.22 per share was 6.6% above analysts’ consensus estimates.
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -1.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.38%. March E-mini S&P futures (ESH26 ) fell -1.23%,...
Entrepreneur, strategist, and advocate for financial independence Donald Stanton proudly announces the release of his compelling new book, Airbnb Your Key$ to Financial Freedom: Becoming the Owner of Your Entrepreneurial Future . The book presents a sophisticated yet accessible framework for individuals seeking to break free from conventional income limitations and build sustainable wealth through the evolving short-term rental economy.
Shares of IT solutions provider Connection (NASDAQ:CNXN) jumped 10.4% in the afternoon session after the company reported decent fourth-quarter results that saw profits surpass Wall Street's expectations even as revenue came in light.
Shares of engine manufacturer Cummins (NYSE:CMI)
fell 12% in the afternoon session after the company reported weaker fourth-quarter results, where a significant miss on profit expectations overshadowed a revenue beat.
