Stocks making the biggest moves after hours: Adobe, Intel, American Eagle Outfitters and more

Stocks making the biggest moves after hours: Adobe, Intel, American Eagle Outfitters and more




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Opendoor tanks after earnings as CEO thanks new investors for ‘increased visibility’
Finance

Opendoor tanks after earnings as CEO thanks new investors for ‘increased visibility’

Key Points After a massive rally in July and early August, Opendoor hit a snag on Tuesday with a disappointing outlook. CEO Carrie Wheeler thanked new investors on the earnings call, and said “We appreciate your enthusiasm for what we’re building, and we’re listening intently to your feedback.” The company said it expects to face […]

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Stocks making the biggest moves after hours: Snap, Rivian, AMD, Super Micro, Arista Networks and more
Finance

Stocks making the biggest moves after hours: Snap, Rivian, AMD, Super Micro, Arista Networks and more

Check out the companies making headlines in extended trading. Snap — The social media platform plunged 14% after missing revenue expectations for the second quarter. Snap said it recorded $1.34 billion, slightly under the consensus forecast of $1.35 billion from analysts polled by LSEG. Rivian Automotive — The electric vehicle company dropped more than 3% […]

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Op-Ed: The ‘Advisory Firm of 1’ — AI will change how your wealth is managed
Finance

Op-Ed: The ‘Advisory Firm of 1’ — AI will change how your wealth is managed

Ilkercelik | Istock | Getty Images We’re about to witness a regime change in productivity. Prepare for the “RIA of 1”: A single financial advisor supported by a collection of autonomous and augmented AI agents and applications. This isn’t a whimsical notion; it’s the inevitable outcome of AI fundamentally transforming the advisory space, augmenting advisors […]

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