Stay updated with the latest fintech market trends, insights, and analysis. Explore breaking news, market movements, and expert opinions to make informed decisions in the ever-evolving financial technology landscape
Planned layoffs at the Federal Housing Administration raise concerns about delays in loan processing and increased stigma for FHA financing, potentially impacting first-time homebuyers, minorities, and low-income borrowers.
Published on: February 19, 2025, 10:02 PM UTC
US stocks rose on Wednesday as investors weighed President Trump's latest 25% tariff threat and digested the Federal Reserve minutes for insights into future policy. The S&P 500 (^GSPC) gained 0.2%, hitting a fresh record high of 6,144.15. The Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) both rose 0.1%.
Published on: February 19, 2025, 10:02 PM UTC
Carvana reports a profitable Q4, with revenue and EPS beats. Despite the 32% YoY revenue increase, shares experience an after-hours decline following a 52-week high. The online car retailer anticipates continued growth in sales and EBITDA for 2025.
Published on: February 19, 2025, 10:02 PM UTC
Palantir stock dropped 10% after the Washington Post reported the Trump administration has told the Pentagon to plan for large budget cuts over the next five years.
Published on: February 19, 2025, 10:01 PM UTC
Carvana stock drops 10.8% despite reporting bullish Q4 results, with revenue beating estimates by 6.2% and adjusted EBITDA surpassing expectations by 8%. Read our full research report for insights on the company's growth and valuation.
Published on: February 19, 2025, 10:00 PM UTC
Siemens AG is selling a €1.4 billion stake in Siemens Healthineers AG, its medical technology unit, to fund its acquisition of Altair Engineering Inc. The sale, arranged by Barclays Plc, BNP Paribas SA, and Morgan Stanley, will offer approximately 26.5 million shares at a price of €54.65 each. The offering was several times oversubscribed, with demand exceeding the available shares.
Published on: February 19, 2025, 09:03 PM UTC
Gas prices are expected to rise due to refinery maintenance and outages, particularly in California, ahead of the switch to more expensive summer blends.
Published on: February 19, 2025, 09:03 PM UTC
Trump's social media posts shift away from stock market mentions, focusing instead on debt ceiling, spending, and tariffs.
Published on: February 19, 2025, 09:03 PM UTC
Carvana (CVNA) Q4 earnings preview: Company looks to extend rally to new highs
Published on: February 19, 2025, 09:02 PM UTC
Wall Street's short sellers lost $73 billion in January as the market rallied, with Super Micro Computer, Hims & Hers Health, Oklo, and BigBear.ai leading the gains.
Published on: February 19, 2025, 09:02 PM UTC