Month: January 2026

Stocks making the biggest moves after hours: Microsoft, Meta, Tesla, Southwest Airlines and more
Finance

Stocks making the biggest moves after hours: Microsoft, Meta, Tesla, Southwest Airlines and more

Check out the companies making headlines in after-hours trading. Microsoft — Microsoft shares dropped almost 5% in extended trading. Capital expenditures and finance leases in the fiscal second quarter came in at $37.5 billion, surpassing the $34.31 billion consensus estimate from Visible Alpha. Adjusted earnings came out at $4.14 per share, higher than consensus expectations […]

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Carvana shares fall 14% following short-seller accusations
Business

Carvana shares fall 14% following short-seller accusations

A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family.  Gotham City Research alleged Wednesday that the online used car […]

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Here are the five key takeaways from Wednesday’s Fed rate decision
Finance

Here are the five key takeaways from Wednesday’s Fed rate decision

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy, in Washington, D.C., U.S., Jan. 28, 2026. Jonathan Ernst | Reuters The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected and […]

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Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold
Travel

Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold

A Southwest Airlines aircraft parks at Gate B33 while its tail sticks into the sunlight at Boston Logan International Airport in Boston, MA, on December 22, 2025. Austin DeSisto | Nurphoto | Getty Images Southwest Airlines on Wednesday forecast a surge in 2026 profits well above analysts’ expectations as the carrier overhauls its half-century-old business […]

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DoubleLine’s Jeffrey Gundlach sees no more Fed rate cuts under Jerome Powell
Finance

DoubleLine’s Jeffrey Gundlach sees no more Fed rate cuts under Jerome Powell

watch now VIDEO4:0004:00 Center portfolio around dollar being secularly week even if economy weakens: DoubleLine’s Gundlach Closing Bell DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects the Federal Reserve to stay on hold for the remainder of Jerome Powell’s term as chair with a more balanced outlook for the economy. “I think I would […]

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Microsoft earnings are out – here are the numbers
World

Microsoft earnings are out – here are the numbers

Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Microsoft shares fell 7% in extended trading on Wednesday after the software maker issued quarterly results that were healthier than analysts had anticipated. Here’s how the company performed in comparison with […]

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Meta’s Reality Labs posts .02 billion loss in fourth quarter
Technology

Meta’s Reality Labs posts $6.02 billion loss in fourth quarter

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta’s efforts to create the digital worlds known as the metaverse continue […]

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Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history
Finance

Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history

Key Points Federal Reserve Chair Jerome Powell offered his first explanation into his controversial decision to attend Fed Governor Lisa Cook’s Supreme Court hearing. He said it was among the most important legal cases that the central bank has ever seen. Source

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Fed meeting recap: Powell says economy on ‘firm footing’ and current rate level not restrictive
World

Fed meeting recap: Powell says economy on ‘firm footing’ and current rate level not restrictive

Where to find solid yields on cash as Fed pauses The Fed’s decision to hold rates steady means investors don’t have to worry about yields on their cash falling. “Yields on savings products such as high-yield savings accounts and CDs are likely to remain unchanged for now,” said certified financial planner Stephen Kates, a financial […]

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Where to still find solid yields on cash as the Fed holds rate steady
World

Where to still find solid yields on cash as the Fed holds rate steady

The Federal Reserve ‘s decision to hold interest rates steady was good news for Americans holding cash. On Wednesday, the central bank left the federal funds rate between 3.5%-3.75%, after cutting rates by a quarter percentage point in December. “No change to the federal funds rate means borrowing costs on short-term and variable-rate loans are […]

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