Historically, when the debt ceiling has not been raised and the US government has come close to defaulting on its obligations, it has caused turmoil in financial markets. For example, in 2011 when the US government came close to defaulting on its obligations, the Dow Jones Industrial Average fell 2,000 points and Standard & Poor’s downgraded America’s credit rating. This caused markets to plunge and borrowing costs to rise.
There could be severe consequences if...

• SoFi Technologies Inc. (SOFI) is a neobanking company that offers various personal finance products and services.
• The company will report its first-quarter earnings on Monday, May 1, before the market opens.
• Analysts expect SoFi to report a loss of 8 cents per share on adjusted revenue of $441 million, up from a loss of 14 cents per share on revenue of $322 million a year ago.
• SoFi’s growth has been...

The Super Bowl is one of the biggest sporting events of the year, attracting millions of viewers from around the world. With such a large audience, it's no surprise that corporations see it as an opportunity to reach a massive market and increase brand recognition. The question, however, is whether this investment pays off for these companies and their stock prices.
The impact of a well-received commercial duri...

Short selling a stock and buying a put option on a stock are both ways to hedge against potential price decreases, but they work in fundamentally different ways:
Short selling involves borrowing shares of a stock from someone else, selling those shares, and then buying the shares back later to return to the lender. If the price of the stock drops, the short seller makes a profit because they bought the shares back at a lower price than they sold the...

Spin-offs historical performance in the stock market 2 to 3 years after spinoff
It is difficult to make a general statement about how spin-offs perform in the stock market 2-3 years after the spin-off, as it can vary widely depending on the specific circumstances of the spin-off. Some studies have shown that spin-offs, on average, tend to outperform the market in the first two years after the spin-off, but underperform in the followin...

Tesla Inc. (TSLA) announced a $10 billion dollar buyback, which represents a significant reduction in the number of shares outstanding. With 1 billion shares outstanding and a current share price of $177, this buyback would reduce the number of shares outstanding by about 5.6%.
This move could have a positive impact on the stock price, as it increases the earnings per share (EPS) and return on equity (ROE) for existing shareholders, which in turn could lead to higher...