Lyft stock is getting punished, down more than 35% after weak guidance
Lyft’s CFO pointed to “seasonality and lower prices” to explain the guidance.
Stifel upgrades VF Corp after dividend cut, says apparel stock is at an attractive entry point
The company behind Vans and The North Face is often held by exchange traded funds as a dividend aristocrat.
Analysts bail on Lyft after latest earnings, say Uber is cementing its place as leader
Lyft shares tumbled as traders weighed a weaker-than-expected forecast from the ridesharing company in its latest earnings.
Disney CEO Bob Iger’s potential willingness to sell Hulu is a reversal in strategy
Disney CEO Bob Iger said “everything was on the table” with regard to Hulu’s ownership.
Nonprofit Making of Black Angels focuses on education to change the face of angel investing
Angel investors fund companies with high growth potential. Blacks are underrepresented in this world, but there’s an effort afoot to open opportunities.
Morgan Stanley downgrades Affirm, says the payment firm’s offerings are too narrow for its ambitions
Analyst James Faucette downgraded the online payments stock to equal weight from overweight. He also slashed his price target to $15 per share from $46.
The return of El Nino could make the world even hotter — endangering a critical climate threshold
El Nino is widely recognized as the warming of the sea surface temperature, which occurs every few years.
Trump special counsel subpoenas former VP Mike Pence in Jan. 6 probe
Donald Trump pressured his vice president, Mike Pence, to refuse to certify state election results that gave President Joe Biden his margin of victory in 2020.
Rep. George Santos was charged with theft in since-dismissed 2017 dog breeder case
Santos has been caught under a mountain of lies, scandals and investigations since shortly after he won his New York congressional race.
Jeep reveals its most expensive Wrangler SUV ever, topping $115,000
The limited-edition vehicle is the 2023 Wrangler Rubicon 392 20th Anniversary with heavy-duty off-road parts customization from American Expedition Vehicles.
