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
‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics
ARK Invest's chief futurist lists five groups that should give tech investors an edge.According to Brett Winton, robotics, artificial intelligence,…
Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
Paramount Global's board is preparing to fire Chief Executive Officer Bob Bakish as soon as Monday morning, according to people familiar…
Columbia student protesters are demanding divestment. Here’s what the university has divested from in the past
One of the core demands over the past week by the pro-Palestinian student groups at Columbia University has been for the…
Nvidia jumps more than 15% this week. A key reason: what other companies are saying
A week ago, Nvidia suffered its third-worst session on record, plunging 10%, in a broader wreckage for artificial intelligence stocks.…
All the data so far is showing inflation isn’t going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in,…
As pro-Palestinian protests sweep campus, student journalists are rushing to the big story and exams
Arianna Smith is juggling a lot right now. Smith is editor-in-chief of The Lantern, Ohio State University’s student-run newspaper, which has scrambled in recent…
Snap shares soar 27% as company beats on earnings, shows strong revenue growth
Snap reported first-quarter results on Thursday that beat analysts' estimates and showed a return to double-digit revenue growth. Shares soared…
Stocks making the biggest moves after hours: Alphabet, Microsoft, Snap, Intel and more
Check out the companies making headlines after the bell : Alphabet – Shares soared about 15% in extended trading after…
Markets fall as investors worry about low economic growth and stubborn inflation rates
US stocks closed lower Thursday after the latest GDP report showed that US economic growth slowed to 1.6% in the…
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
A Russian court sided with state-run lender VTB Bank in its efforts to recoup $439.5 million from JPMorgan Chase that…
Rubrik prices IPO at $32 per share, above expected range
Rubrik, a data management software company backed by Microsoft, priced its IPO at $32 a share, according to a person…
Ford just reported a massive loss on every electric vehicle it sold
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of…
FTC votes to ban noncompete clauses that bar employees from working for competitors
The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent…
Oracle is moving its world headquarters to Nashville to be closer to health-care industry
Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer…
FTC votes to ban most employers from using noncompete clauses. But legal challenge is expected
The Federal Trade Commission on Tuesday voted to ban for-profit US employers from making employees sign agreements with noncompete clauses.…
High-speed rail system from Las Vegas to Southern California breaks ground
Officials broke ground Monday on a new high-speed rail system that will connect Southern California and Las Vegas.The Brightline West…
Stocks making the biggest moves after hours: Nucor, Cleveland-Cliffs, Cadence Design Systems, Globe Life and more
Check out the companies making headlines in after-hours trading. Nucor — Shares slid 6.3% after the steelmaker's first-quarter results fell…
Taylor Swift’s ‘Tortured Poets Department’ shatters streaming records across Spotify, Amazon, Apple
Taylor Swift is breaking records. Again. Swift’s latest album, “The Tortured Poets Department,” which dropped on Friday, became the most-streamed…