SoFi Shares Fall 5.45% to $14.42, Near 52-Week Low
SoFi shares were down 5.45% at $14.42, near the stock’s 52-week low of $14.88. The report cited weakness in bank stocks after Bank of America missed third-quarter earnings and revenue estimates.
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SoFi shares were down 5.45% at $14.42, near the stock’s 52-week low of $14.88. The report cited weakness in bank stocks after Bank of America missed third-quarter earnings and revenue estimates.
Bank of America shares fell about 8.4% to $49.44 by 10:11 a.m. ET Wednesday after the bank reported third-quarter earnings of 91 cents per share, below the $1.10 analyst estimate. The drop followed a $1.21 billion Treasury penalty; the bank also reported revenue of $30 billion versus $30.69 billion expected.
BlackRock reported third-quarter 2026 revenue of $7.8 billion, up 19% year over year, and $205 billion in net inflows. Adjusted operating margin reached 47.8%, up 320 basis points year over year.
Third-quarter earnings season starts Tuesday with the largest U.S. banks. JPMorgan Chase & Co. (NYSE: JPM ), Goldman Sachs Group Inc. (NYSE: GS ), Citigroup Inc. (NYSE: C ) and Wells Fargo & Co. (NYSE: WFC ) report Oct. 13 before the open. Bank of America Corp. (NYSE: BAC ) and Morgan Stanley (NYSE: MS ) follow on Oct.
U.S. indexes finished the week with gains, while bitcoin moved up to around $82,300. The update also noted Treasury yields near 5.24% and WTI crude around $91.65.
Bitcoin moved up to around $82,500 as U.S. stocks advanced and Treasury yields edged higher. The move was part of a wider intraday risk-on session rather than a standalone catalyst-driven event.
RenaissanceRe Holdings (NYSE: RNR ) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary RenaissanceRe Holdings
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Pershing Square (NYSE: PS ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Pershing Square Inc. antic
Newmont (NYSE: NEM ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary Newmont delivered a strong second quarter with 1.3 million ounces of gold,
Newmont (TSX: NGT ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Newmont delivered strong Q2 2026 results, producing 1.3 m
US Global Investors reported fiscal 2026 net income of $3.1 million, or $0.24 a share, versus a loss a year earlier. Operating revenue rose 21% to $10.3 million.
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.
Two of America’s largest companies reported earnings this week. Neither was punished for what it sold. Both were punished for what they spent. Alphabet Inc. (NASDAQ: GOOGL ) lost $294 billion in market value on Thursday, the largest single-session loss in the company’s history. Tesla Inc. (NASDAQ: TSLA ) suffered its w