Check out the companies making headlines after the bell: Shares of Facebook surged 7 percent after hours. The social networking service’s earnings and revenues both surpassed expectations. Daily and monthly active users bounced back. Average revenue per user also increased this quarter, surprising investors. AT&T stock dropped more than 4 percent post-market. The telecommunications company
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The revelation may bring new scrutiny to LendEDU, which started in 2014 and describes itself as a marketplace for private student loans, student loan refinancing, credit cards and other financial products. LendEDU’s reports have also been featured in many publications, including CNBC, The Wall Street Journal and Bloomberg. LendEDU ran advertisements on Student Loan Report’s
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U.S. President Donald Trump‘s nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics. While not illegal, the trading activity by Joseph Otting’s money manager could violate the spirit of ethics rules designed to prevent
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Investors want clear and optimistic forecasts for the rest of this year from companies and they simply aren’t getting that. It’s not enough to top Wall Street’s notoriously low estimates. The EPS beat rate stands at 76.7 percent this quarter, and the average stock that has reported first quarter numbers so far opened higher by
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The rise of popular robo-advisor platforms, such as Wealthfront and Betterment, which provide automated, low-cost investment management services, leaves many people wondering if the age of financial advice from actual humans is on its way out. This is not the case, according to some recent industry studies. Although there are fewer associated costs, millennials prefer
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There’s a strange divergence in the market that according to TradingAnalysis.com founder Todd Gordon could rock global currency markets. The U.S. 10-year Treasury yield hit 3 percent on Tuesday, which it hasn’t done since January 2014. According to the trader, this suggests a changing economic outlook that can be felt globally. “Ten-year yields are pushing
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Bitcoin rose to its highest level in more than a month as the broader U.S. financial markets sold off Tuesday. The digital currency was trading near $9,436 as of 4:21 p.m. ET, and has jumped nearly 20 percent in the past week, according to data from Coindesk. Bitcoin is coming off of its worst quarter
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