
Affirm’s stock fell more than 11.5% on Wednesday to its lowest level since October 1, leaving it down 25% from its high for the year. The selloff extended after strong US inflation data pushed bond yields higher. Affirm stock drops after US inflation report Top companies in the buy now, pay later (BNPL) industry slipped […]
Learn more
Morgan Stanley reported a 41% surge in equity trading revenue to $5.80 billion in the third quarter of 2026, while its Wealth Management division attracted $232.4 billion in net new assets. The results pushed earnings to $3.03 per share, ahead of the $2.91 consensus estimate compiled by LSEG. The Wall Street bank generated $20.34 billion […]
Learn more
Updated 14 October 2026. Bank of America (NYSE: BAC) traded at $50.23 at 9:32 a.m. ET, down 6.9 percent from Tuesday’s $53.96 close (Yahoo Finance), after reporting third-quarter earnings of $0.91 a share on revenue of $29.96 billion (company filing). A $1.2 billion regulatory settlement cut EPS by about 17 cents; even on an adjusted […]
Learn more
US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes, weighing on technology shares and other rate-sensitive investments. The S&P 500 fell 1.08% to 7,721.49, while the Nasdaq Composite dropped 1.85% to 26,701.48. The Dow Jones Industrial Average declined 0.09%, or 45.23 points, to 51,624.87, with […]
Learn more