MARGIN JOURNAL

Upstart Stock Tumbles 94% As End Of Stimulus Pulls Rug Out From Under Fintech Lender

Personal lender Upstart is feeling the pressure as the rate of missed payments on its loans is sharply increasing following the end of stimulus programs. The Silicon Valley company specializes…

July 25, 2022Uncategorized

Markets

F5: Fiscal Q3 Earnings Snapshot

SEATTLE (AP) _ F5 Networks Inc. (FFIV) on Monday reported fiscal third-quarter earnings of $83 million. On a per-share basis, the Seattle-based company said it had net income of $1.37.…

July 25, 2022Markets

Markets

Enterprise Financial Services: Q2 Earnings Snapshot

CLAYTON, Mo. (AP) _ Enterprise Financial Services Corp. (EFSC) on Monday reported second-quarter profit of $45.1 million. The Clayton, Missouri-based bank said it had earnings of $1.19 per share. The…

July 25, 2022Markets

Markets

Simpson Manufacturing: Q2 Earnings Snapshot

PLEASANTON, Calif. (AP) _ Simpson Manufacturing Co. (SSD) on Monday reported profit of $93.6 million in its second quarter. On a per-share basis, the Pleasanton, California-based company said it had…

July 25, 2022Markets

Markets

Restaurant Stocks Fall Ahead of Major Earnings

wsj.com

July 25, 2022Markets

Business

The life of self-made billionaire and Fenty Beauty CEO Rihanna

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July 25, 2022Business

Business

President Biden Taps Villanova CFO For Scholars Commission

The commission is made up of a group of eminent private citizens appointed by the president to select and honor the presidential scholars. Commissioners are selected from across the country,…

July 25, 2022Business

Markets

Czech finance minister proposes raising 2022 budget deficit to $13.6 bln -Czech TV

PRAGUE, July 25 (Reuters) - Czech Finance Minister Zbynek Stanjura has proposed lifting the 2022 budget deficit target to 326.9 billion crowns ($13.59 billion), from an approved plan of 280…

July 25, 2022Markets

Markets

JPMorgan’s Kolanovic says a ‘mild recession’ is already priced in and so the worst is behind us

The stock market has already discounted a modest recession, and that means investors can bet on a rebound, according to a top strategist at JPMorgan. Fears of a recession have…

July 25, 2022Markets

Cryptocurrency

Mexican crypto exchange Bitso reaches more than 1 mln users in Brazil

Representations of Bitcoin cryptocurrency are seen over Brazilian Real notes in this illustration picture taken May 25, 2021. REUTERS/Ricardo Moraes/Illustration SAO PAULO, July 25 (Reuters) - Mexican cryptocurrency exchange Bitso…

July 25, 2022Cryptocurrency