News
Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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
Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’
OMAHA, Nebraska — Warren Buffett's annual shopping event, the pregame to Berkshire Hathaway's annual meeting, is wowing shareholders flocking to…
Here’s how much money you’d have lost if you invested $1,000 in Peloton when it went public
From a CEO change to announcing staff layoffs, it's been a bumpy couple of days for Peloton.On Thursday, Peloton announced…
Columbia’s administrators failed crisis management 101
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign…
Amgen scraps experimental weight loss pill, moves forward with injection
Amgen on Thursday said it will stop developing its experimental weight loss pill and instead move forward with its injectable…
Stocks making the biggest moves after hours: Apple, Cloudflare, Expedia, Block and more
Check out the companies making headlines in after-hours trading: Apple — The iPhone maker advanced 7% as it announced a…
American oil tycoon accused of trying to conspire with OPEC to inflate prices
Scott Sheffield, founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies…
Carvana shares spike 30% as used car retailer posts record first quarter
Shares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned…
Stocks making the biggest moves after hours: eBay, Qualcomm, DoorDash, Carvana and more
Check out the companies making headlines in extended trading: DoorDash — Shares of the food delivery company tumbled 13% after…
Amid campus protests, some teens and parents reconsider enrollment decisions
Earlier this year, an 18-year-old high school senior from New York City had planned to enroll at Columbia University’s sister…
Super Micro pushes up full-year revenue forecast as it points to strong AI demand
Super Micro shares slipped as much as 15% in extended trading on Tuesday after the server maker reported slightly lower…
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
Check out the companies making headlines in extended trading.Amazon — Shares gained nearly 2% after the company beat on both…
Donald Trump just got another $1.8 billion worth of Trump Media stock
Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media…
Biden administration faces onslaught of lawsuits as business groups claim regulatory overreach
WASHINGTON — When the Federal Trade Commission finalized a rule earlier this month banning non-compete clauses, the blowback was swift:…
Stocks making the biggest moves after hours: Paramount, NXP Semiconductors, Chegg, F5 and more
Check out the companies making headlines in after hours trading. Paramount Global — Shares rose less than 1% after the…
Paramount Global ousts chief Bob Bakish as future of media conglomerate hangs in the balance
Paramount Global on Monday parted ways with its chief executive, Bob Bakish, in a seismic move that sent reverberations through…
Trump VP contender Kristi Noem stands by killing her dog Cricket amid bipartisan ridicule
Republican South Dakota Governor Kristi Noem on Sunday attempted to spin a controversial anecdote about killing her puppy, revealed in…
Here are 5 sectors of the market that are working and the stocks that stand out in each
Can it outrun inflation? Is there more demand than supply? Does it make sense at this point in the cycle?Does…
Biden praises UAW-Daimler Truck agreement as a ‘testament to the power of collective bargaining’
President Joe Biden praised the United Auto Workers and Daimler Truck for reaching a tentative in the eleventh hour Friday…