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☆ Companies cutting costs to maintain margins will continue, says SoFi's Liz Young
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies cutting costs to maintain margins will continue, says SoFi's Liz YoungLiz Young, SoFi head of investment strategy, joins 'Closing Bell' to discuss her expectations for the continuation of the market rally and her broader market outlook.

Persons: SoFi's Liz Young Liz Young Organizations: Companies

☆ CD and Savings Rates Today: No Penalty CDs at 5.36%
▼ + stars: | 2024-02-26 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $300 bonus with qualifying direct deposits for eligible customers. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates. Products in this post: BrioDirect High-Yield Savings Account, Customers Bank High Yield Savings Account, UFB Secure Savings, CIT Bank Platinum Savings, TotalDirectBank 6 Month CD, Popular Bank CD, Valley Direct 3 Year Variable CD, BMO Alto 5 Year High Yield CD, CIBC Agility Online Savings Account, SoFi Checking and Savings, Mission Valley Bank 3 Month No Penalty CD

Persons: Banks, —, Cash, we've Organizations: Bank, Cash, Products, Secure Savings, CIT Bank, Savings, Popular, BMO, CIBC, Mission Valley Bank Locations: —

☆ CD and Savings Rates Today: National Savings Rates at 5.36%
▼ + stars: | 2024-02-25 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Persons: Banks, —, Cash, we've Organizations: Bank, Cash, Products, Secure Savings, CIT Bank, Savings, Popular, BMO, CIBC, Mission Valley Bank Locations: —

☆ CD and Savings Rates Today: Lock in High Rates
▼ + stars: | 2024-02-18 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Persons: Banks, —, Cash, we've Organizations: Bank, Cash, Products, Secure Savings, CIT Bank, Savings, Popular, BMO, CIBC, Mission Valley Bank Locations: —

☆ Tax refund season could boost these stocks favored by small investors
▼ + stars: | 2024-02-15 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

The Bank of America traders put together a basket of stocks that proxy the most retail participation. Which stocks do small traders love Take a look at some of the stocks in Bank of America's list of retail investor-favorite proxies. Nvidia shares have rallied nearly 19% this month ahead of its earnings release Feb. 21. NVDA 1Y mountain Nvidia shares over the last 12 months AMD shares have also doubled over the last 12 months. However, this year has been a different story for the stock; shares took a large hit after the company's first-quarter forecast fell short of investors' expectations.

Persons: Tesla, Max, — CNBC's Michael Bloom Organizations: Bank of America, Bank of, Dow Jones, AMD, Nvidia, of, Wall, Boeing, Alaska Airlines Locations: Bank

☆ The Fed has more room to wait than the market, says SoFi's Liz Young
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed has more room to wait than the market, says SoFi's Liz YoungLiz Young, SoFi head of investment strategy, joins 'Closing Bell' to discuss stocks tumbling on the hotter-than-expected CPI report.

Persons: SoFi's Liz Young Liz Young

☆ Watch the Closing Bell market panel's reaction to January's hot CPI report
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch the Closing Bell market panel's reaction to January's hot CPI reportSoFi's Liz Young, DoubleLine's Jeffrey Gundlach and Wells Fargo's Sameer Samana, join 'Closing Bell' to react to stocks tumbling on the hot CPI report and what it means for the market.

Persons: Liz Young, DoubleLine's Jeffrey Gundlach, Wells, Sameer Samana Organizations: Bell

Tatum told The Associated Press in an interview how he wants to help others in his hometown of St. Louis get that feeling themselves and buy their own homes. He said financial services company SoFi has given the Jayson Tatum Foundation $1 million to help do that. It also offers scholarships to St. Louis high school students along with mentoring. The company also announced a partnership with the NBA to be its official banking partner and is sponsoring the SoFi NBA Play-in Tournament in April. “There are some really good people in St. Louis — people who are really trying to help change their life and their situation.

Persons: Jayson Tatum, ”, Tatum, Louis, SoFi, Brandy Cole, Barnes, “, ” Tatum, St . Louis, Anthony Noto, Jason Belinkie, ” Belinkie, Andrew Morton, Handler Thayer, ” Morton, Louis — Organizations: Boston Celtics, Eastern Conference, Associated Press, St, Fund, NBA, Celtics, Hope, Lilly Endowment Inc, AP Locations: St ., St, SoFi

Loud budgeting is a financial trend that has gone viral as people look to save money. CFP Chloe Moore says loud budgeting can help you spend on the things that really matter to you. According to Certified Financial Planner Chloe Moore , loud budgeting can be a great way to stick to your savings goals, set financial boundaries, and even reduce anxiety around money. AdvertisementHere are 3 ways Moore says you can incorporate loud budgeting into your finances:1. Set financial boundariesWhatever your budget is for entertainment, eating out, or clothes shopping, set it and stick to it.

Persons: Chloe Moore, —, ” Moore, Moore, don’t, SoFi, “, you've Organizations: Service, Finance

☆ Your next landlord may be a pro sports team
▼ + stars: | 2024-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

But team owners in recent years have turned to real estate development to bring in extra cash and drive up the asset values of their franchises. “It makes perfect sense for a team owner to play real estate,” said Propheter. “That means that team owners do have a lot of leverage,” he said. “Stadium subsidies transfer wealth from the general tax base to billionaire team owners, millionaire players, and the wealthy cohort of fans” who regularly attend games. “Generally speaking, the people who come off well are the team owners and the developers,” Zimbalist said.

Persons: ”, Geoffrey Propheter, Daniel Slim, “, Andrew Zimbalist, Louis, Harry Cabluck, Bruce Ratner, Stan Kroenke, Matthew Grimes Jr, Steve Cohen, Mark Cuban’s, Adelson, “ I’m, ” Zimbalist Organizations: New, New York CNN, Professional, Billionaire, University of Colorado Denver, Sofi, Getty, Washington Wizards, Capitals, Sweet, Smith College, Riverfront, Busch, Baltimore Orioles, Camden, Barclays Center, Nets, Los Angeles Rams, “ Battery, Atlanta Braves, Golden State Warriors ’ Chase Center, Texas Rangers, Globe, Arlington, New York Mets, Hard, Citi Field . Dallas Mavericks, Vegas Sands Corp, Management Locations: New York, North America, Inglewood , California, AFP, Washington, Alexandria , Virginia, Cincinnati, St, Pittsburgh, Brooklyn, New Jersey, ”, “ Battery Atlanta ”, Truist, Atlanta, San Francisco, “, City, Arlington , Texas, ” Cuban

☆ The Fed's 'threshold for pain' is higher than the market's, says SoFi's Liz Young
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed's 'threshold for pain' is higher than the market's, says SoFi's Liz YoungLiz Young, SoFi head of investment strategy, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Tuesday.

Persons: SoFi's Liz Young Liz Young

BOSTON (AP) — Getting the chance to host seven matches for the 2026 World Cup was more than expected and offers a much-needed shot in the arm to the city’s economy, Boston officials said Monday. Among the seven matches that will be played at Gillette Stadium in the Boston suburb of Foxborough will be five group stage matches, one match in the round of 32 and a quarterfinal match on July 9, 2026. I don't think FIFA could have done a better job.”Martha Sheridan, president & CEO of Meet Boston, said “nothing compares” to hosting World Cup matches. Foxborough hosted games at the 1994 World Cup, but Gillette Stadium is a different venue, built near the old Foxboro Stadium. Foxborough also hosted matches during the 1999 and 2003 Women’s World Cup.

Persons: —, Mike Loynd, “, ”, it's, ” Martha Sheridan, Foxborough, Sheridan, COVID, ” Sheridan, Brian Bilello, ” Bilello Organizations: BOSTON, FIFA, Mexico City’s Estadio Azteca, New York Jets, Giants, Gillette, Boston Soccer, Boston, Amtrak, New England, U.S Locations: Boston, Mexico, Foxborough, Philadelphia and New Jersey, New York City, Philadelphia, New Jersey, United States, Massachusetts, U.S, Canada, Atlanta, Inglewood , California, SoFi

☆ 2026 World Cup final will be played at MetLife Stadium in New Jersey
▼ + stars: | 2024-02-04 | by ( ) www.cnbc.com time to read: +3 min

An interior view of the MetLife Stadium in East Rutherford, New Jersey. The 2026 World Cup final will be played at MetLife Stadium in East Rutherford, New Jersey, on July 19. Other U.S. sites are Gillette Stadium in Foxborough, Massachusetts; NRG Stadium in Houston; Arrowhead Stadium in Kansas City, Missouri; Lincoln Financial Field in Philadelphia; Levi's Stadium in Santa Clara, California. Hard Rock Stadium will host this year's Copa América final on July 14, while MetLife was the site of the 2016 Copa América final. Artificial turf will be replaced by grass in Arlington, Atlanta, East Rutherford, Foxborough, Houston, Inglewood and Vancouver.

Organizations: MetLife, FIFA, Miami, Mexico City's Estadio Azteca, U.S, SoFi, T, Mercedes Benz, Gillette, NRG, Arrowhead, Lincoln Financial, Levi's, Estadio BBVA, Estadio Akron, NFL, Copa América, Azteca, Rose Bowl, Chicago's Locations: East Rutherford , New Jersey, Mexico, Inglewood , California, SoFi, Miami Gardens , Florida, Arlington , Texas, Atlanta, U.S, Canada, Toronto, Vancouver , British Columbia, Foxborough , Massachusetts, Houston, Kansas City , Missouri, Philadelphia, Santa Clara , California, Monterrey, Guadalajara, Pasadena , California, Qatar, Russia, East, Central, West, Arlington , Atlanta, Inglewood, Vancouver, East Rutherford, Foxborough, Central Europe, Beijing

LOS ANGELES (AP) — SoFi Stadium will begin work Monday on renovations to increase the size of its playing field area in preparation for hosting eight matches during the 2026 World Cup. “It's really just changing pre-cast concrete in the corners of the stadium to a more retractable system,” Demoff said Sunday. SoFi also will have a temporary grass field for the World Cup in place of its usual artificial turf. The changes that we will make to the stadium were always contemplated for the World Cup. Although the Los Angeles-area World Cup organizers didn't get the final, only AT&T Stadium in Arlington, Texas, will host more total matches than SoFi.

Persons: — SoFi, Kevin Demoff, “ It's, ” Demoff, “ We'll, ”, Chris Klein, we’re, Stan Kroenke, SoFi, Demoff, didn't, Larry Freedman Organizations: ANGELES, —, Los Angeles Rams, NFL, FIFA, U.S, Copa America, Rams, Arsenal, NBA, Denver Nuggets, CONCACAF, Mexico, SoFi, Los Angeles Chargers, Super, T, men's Locations: Los Angeles, Inglewood, United States, Arlington , Texas, LA, U.S

The 2026 World Cup final will be played at the MetLife Stadium in East Rutherford, New Jersey, on July 19. AT&T Stadium in Arlington, Texas, which had hoped to host the final, has held the most matches of any venue with nine. Other U.S. sites are Gillette Stadium in Foxborough, Massachusetts; NRG Stadium in Houston; Arrowhead Stadium in Kansas City, Missouri; Lincoln Financial Field in Philadelphia; Levi’s Stadium in Santa Clara, California. Hard Rock Stadium will host this year’s Copa América final on July 14, while MetLife was the site of the 2016 Copa América final. Artificial turf will be replaced by grass in Arlington, Atlanta, East Rutherford, Foxborough, Houston, Inglewood and Vancouver.

Persons: Lumen, ___ Organizations: MetLife, FIFA, Miami, Mexico City’s Estadio Azteca, U.S, SoFi, T, Gillette, NRG, Arrowhead, Lincoln Financial, Levi’s, Estadio BBVA, Estadio Akron, NFL, Copa América, Azteca, Rose Bowl, Chicago’s Locations: East Rutherford , New Jersey, Mexico, Inglewood , California, SoFi, Miami Gardens , Florida, Toronto, Vancouver , British Columbia, Arlington , Texas, U.S, Foxborough , Massachusetts, Houston, Kansas City , Missouri, Philadelphia, Santa Clara , California, Monterrey, Guadalajara, Pasadena , California, Qatar, Russia, East, Central, West, Arlington , Atlanta, Inglewood, Vancouver, East Rutherford, Foxborough, Central Europe, Beijing

While there's no universal minimum credit score to rent an apartment, landlords generally prefer applicants with a good credit score, which is at least 670. While your credit score will suffice for some landlords, under the Fair Credit Reporting Act, landlords are also allowed to view your credit reports. The average credit score of a Gen Z consumer is 680 compared to the average baby boomer's credit score of 745. Though these services won't directly help you build credit, keeping track of your credit score is a crucial part of the credit building process. Apartment credit score requirements frequently asked questionsCan you rent an apartment if you do not have credit?

Persons: —, TransUnion, Kendall Meade, Jay Zigmont, Will, Jamela Adam, Read Organizations: Fair, Childfree, Forbes, . News, Mint Intuit Locations: AnnualCreditReport.com, SoFi, Chevron

☆ S&P 500 futures are little changed after Fed signals it's unlikely to cut rates in March: Live updates
▼ + stars: | 2024-01-31 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

S&P 500 futures were little changed Wednesday night following a dismal day for the major averages, after Federal Reserve Chair Jerome Powell signaled a March rate cut is unlikely. S&P 500 futures and Nasdaq 100 futures rose 0.14% and 0.25%, respectively. Wall Street is coming off a poor session for the major averages. The Dow Jones Industrial Average fell 317 points, or 0.8%, posting its worst day since December. Still, the major averages closed out January on a positive note, with each of the major indexes up more than 1% for the month.

Persons: Jerome Powell, Powell, Liz Young Organizations: New York Stock Exchange, U.S, U.S . Federal, Federal, Dow Jones Industrial, Nasdaq, Qualcomm, Dow Jones, Merck, Interactive, Royal, Apple Locations: U.S ., New York, Royal Caribbean

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Alphabet, Microsoft, AMD, Meta, Spotify & more
▼ + stars: | 2024-01-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Microsoft as overweight Morgan Stanley raised its price target on the stock to $465 per share from $450 following earnings. Morgan Stanley reiterates Alphabet as overweight Morgan Stanley raised its price target on the stock to $165 per share from $150 and said it's standing by Alphabet shares after earnings on Tuesday. " Bank of America reiterates Meta as buy Bank of America said it's bullish heading into Meta earnings on Thursday. Bank of America reiterates Advanced Micro Devices as buy Bank of America said it's standing by its buy rating following earnings on Tuesday. Morgan Stanley downgrades Sofi to underweight from equal weight Morgan Stanley said in its downgrade of SoFI that it sees too many "near-term revenue headwinds."

Persons: Morgan Stanley, it's, Johnson, William Blair, Roth, Stryker, SYK, Morgan Stanley downgrades Sofi, Baird, Tesla, Elon Musk's, Elon, Wells Organizations: Bank of America, Meta, " Bank of America, Devices, AMD, Citi downgrades Deutsche Bank, Citi, Deutsche, Deutsche Bank, Palo Alto Networks, UPS, Argus, Canaccord, UBS, Informa Tech, UW, Barclays, Verizon, JPMorgan, Apple, GFL, Spotify Locations: GenAI, Georgia

☆ Stocks making the biggest moves premarket: Google, Advanced Micro Devices, Starbucks and more
▼ + stars: | 2024-01-31 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

The Google parent topped Wall Street's expectations on the top and bottom lines, but recorded advertising revenue of $65.52 billion. Advanced Micro Devices — The semiconductor company's shares slid 4.3% after posting fourth-quarter earnings Tuesday that came out in line with consensus expectations. Starbucks – Shares of the coffee chain were higher in premarket trading even after a disappointing financial update for its fiscal first quarter. Starbucks posted earnings per share of 90 cents, falling below analysts' expectations by 3 cents, according to LSEG. Manhattan Associates — The supply chain software provider surged 11% premarket after fourth quarter earnings and revenue topped analysts' highest estimates, and issued first quarter financial guidance that also surpassed expectations.

Persons: Byron Allen, Tesla, Elon Musk, Mondelez, Morgan Stanley, —, Macheel, Alex Harring, Samantha Subin, Yun Li, Scott Schnipper Organizations: Google, StreetAccount, Paramount Global, Paramount, AMD, Microsoft, Boeing, Starbucks, Technologies, Manhattan Associates Locations: LSEG, Delaware

Analyst Oliver Chen also maintained his buy rating for Ulta stock, simultaneously lifting his price target to $580 from $570. Deutsche Bank: Reiterate buy rating and $450 price target, implying 10% upside. Kallo's price target of $300 implies that Tesla stock could rally more than 56% from its Tuesday closing price. Citi analyst Christopher Danely also stood by his buy rating on the stock while lifting his price target to $192 from $136. Analyst Jeffrey Adelson downgraded the company to underweight from equal weight and cut his price target to $6.50 from $7.

Persons: Morgan Stanley, TD Cowen, Ulta, Oliver Chen, ULTA, Chen, — Lisa Kailai Han, Goldman Sachs, Kash Rangan, Baird, Tesla, Ben Kallo, Elon Musk's, Toshiya Hari, Hari, Christopher Danely, Vivek Arya, Danely, Arya, Harlan Sur, Kannan Venkateshwar, Venkateshwar, Eric Sheridan, Sheridan, Justin Post, Ross Sandler, Sandler, Ronald Josey, Josey, Morgan Stanley downgrades, Jeffrey Adelson, Adelson, SOFI, SoFi, Fred Imbert Organizations: CNBC, Google, Microsoft, SoFi Technologies, Deutsche Bank, Citi, Barclays, Tesla, Devices, Wall Street, AMD, Bank of America, Barclays downgrades Verizon Barclays, Verizon, Venkateshwar, Bulls, Morgan Stanley downgrades SoFi Locations: Ulta

☆ First rate cut potentially being in May instead of March is 'no big deal': Ritholtz's Josh Brown
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst rate cut potentially being in May instead of March is 'no big deal': Ritholtz's Josh BrownRitholtz's Josh Brown and SoFi's Liz Young, join 'Closing Bell' to discuss the market, earnings season and react to the Fed decision.

Persons: Josh Brown, SoFi's Liz Young

☆ Stocks making the biggest moves midday: Alphabet, Boeing, AMD, Microsoft, Paramount and more
▼ + stars: | 2024-01-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Alphabet — Shares fell 6.3% after the company posted disappointing fourth-quarter advertising revenue. Late Tuesday, Alphabet posted beats on both top and bottom lines, but its advertising revenue of $65.52 billion fell below analysts' forecast of $65.94 billion, per StreetAccount. Starbucks — Shares fell 0.5% after the coffee giant issued disappointing forward guidance due to a boycott in the U.S. and a weaker Chinese consumer. Adjusted earnings per share for the fourth quarter came in at $3.46 versus the $3.27 expected, per FactSet. Manhattan Associates — The supply chain software provider surged 8% after fourth-quarter adjusted earnings and revenue topped analysts' estimates, per FactSet.

Persons: Byron Allen, NYCB, Tesla, Elon Musk, Roth, Morgan Stanley, SoFi, Stryker, Genuity, —, Alex Harring, Samantha Subin, Sarah Min, Jesse Pound, Lisa Kailai Han, Michelle Fox, Pia Singh Organizations: Boeing, Paramount, AMD, Microsoft, Starbucks, New York Community Bancorp, Bank, Technologies, Rockwell, —, Wall Street, Revenue, Manhattan Associates Locations: U.S, Delaware, Georgia

☆ Trump allies ramp up attacks on Taylor Swift ahead of Super Bowl
▼ + stars: | 2024-01-30 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Taylor Swift performs during The Eras Tour at SoFi Stadium in Inglewood Monday, Aug. 7, 2023. (Allen J. Schaben / Los Angeles Times via Getty Images)Taylor Swift endorsed President Joe Biden's winning 2020 campaign — and while she hasn't backed Biden's reelection bid yet, allies of former President Donald Trump are already getting ready for it. Those attacks have ramped up ahead of the Super Bowl, which Swift is expected to try to attend to cheer on her boyfriend, Kansas City Chiefs tight end Travis Kelce. Vivek Ramaswamy, a Republican former presidential candidate who has endorsed Trump, wondered aloud on X whether an "artificially culturally propped-up couple" would endorse Biden after the Super Bowl. Swift was already a mega-celebrity when she endorsed Biden in 2020.

Persons: Taylor Swift, Allen J, Joe Biden's, —, Donald Trump, Swift, Travis Kelce, Vivek Ramaswamy, Trump, Biden, Ramaswamy, Alina Habba, Habba, Jesse Watters, it's Organizations: Los Angeles Times, Getty, Kansas City Chiefs, Republican, Biden, Fox News, Pentagon, Democratic, Trump Locations: Inglewood, U.S

☆ CD and Savings Rates Today: Explore Today's Top Rates
▼ + stars: | 2024-01-30 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Persons: Banks, —, Cash, we've Organizations: Bank, Cash, Products, Secure Savings, CIT Bank, Savings, Popular, BMO, CIBC, Mission Valley Bank Locations: —

☆ SoFi CEO Anthony Noto on Q4 earnings beat
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO Anthony Noto on Q4 earnings beatSoFi CEO Anthony Noto joins 'Squawk on the Street' to discuss the key drivers for the company's strong quarter, what SoFi sees ahead for the economy in 2024, and if wage growth has impacted business.

Persons: Anthony Noto, SoFi

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