Investing
Bausch & Lomb’s stock soars 9% after earnings beat
Bausch & Lomb Corp.’s stock soared 10% early Wednesday after the eye-care company reported adjusted fourth-quarter profit that topped estimates and offered upbeat revenue guidance…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Here’s What We Bought In September
What’s not to love about September? School resumes en masse, blistering temps begin to mellow, and as our tans fade…
Business Groups Ask DOL for More Time to Respond to Fiduciary Proposal
A coalition of 18 business groups is asking the Department of Labor for a longer comment period on its proposed…
New York Art Auctions Start Off Slow. Will Collectors Step Up?
New York art auctions this week and next are expected to fetch an estimated $2.5 billion in proceeds, including several…
Emily Fisher Landau Collection Fetches $406 Million, Led by $139.4 Million Picasso
The collection of Emily Fisher Landau—the star single-owner sale of this New York art auction season—didn’t disappoint on Wednesday evening…
Putin signs decree to swap foreigners’ assets frozen in Russia for Russian assets blocked overseas
Russian President Vladimir Putin has signed a decree to swap the frozen overseas assets of Russians for foreign companies’ funds…
Lucid’s stock ends at record low
Lucid Group Inc. LCID, -1.65% shares dropped more than 8% on Wednesday to end at an all-time low, still feeling…
Chinese Grocery Trips Cost Less As Pork Prices Fall
Key News Asian equities were mixed on a quiet night as Pakistan was closed for a holiday. It was fairly…
AMC swings to Q3 profit, reports positive net income for second straight quarter
AMC Entertainment Holdings Inc. reported third-quarter results that beat top- and bottom-line expectations Wednesday, as the movie-theater chain and meme-stock…
Arm’s first earnings report since IPO comes with a disappointing forecast
Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were…
Instacart reports a $2 billion loss, but sales that beat expectations
Grocery-delivery platform Instacart on Wednesday reported a nearly $2 billion loss in its first earnings report since going public, but…
Fluorescent paint, UV light at Bored Ape NFT event examined as cause of attendees’ eye pain
At least 15 guests who attended a Bored Ape NFT event have reported suffering pain and burning in their eyes,…
Bitcoin Prices Are Rising. Gains Could Get Supercharged.
Bitcoin prices have rallied by some 30% in less than a month. Tight supply could extend gains. Dreamstime Bitcoin and…
Applovin’s stock rockets as earnings easily exceed expectations
Applovin Corp. shares surged 16% in Wednesday’s extended session after the app-monetization company blew past expectations with its latest quarterly…
Lyft results beat estimates, execs say big October gains have continued, but shares drop
Lyft Inc. on Wednesday reported third-quarter results that beat Wall Street’s estimates and forecast fourth-quarter sales growth that was better…
Disney shares rise on huge increase in streaming users, improved earnings
Walt Disney Co.’s stock climbed 3.3% in extended trading Wednesday after the media giant announced earnings that beat estimates, a…
Virgin Galactic’s stock soars, company rakes in nearly $2 million in revenue from space tourism
Virgin Galactic Holdings Inc. shares rallied about 15% in the after-hours session Wednesday after the space-tourism company narrowed its quarterly…
Polygon leads increases as large cryptocurrencies start mixed
Large cryptocurrencies were mixed during morning trading on Wednesday, with Polygon MATICUSD, +1.29% seeing the biggest move, rising 4.80% to…
Opinion: Disney CEO Bob Iger is getting his hands dirty as he focuses on studio woes — will be it enough?
Walt Disney Co. Chief Executive Bob Iger appears to be making good progress in his turnaround efforts at the Magic…