Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell

Key Points

If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would set off a courtroom battle that would likely head to the Supreme Court.
Most people familiar with the situation say Powell would sue if Trump tries dumping him.
Despite seemingly low chances of success, going after Powell still could serve a political purpose for Trump.
Even if the Fed did cut rates, it could do more harm than good to Trump’s goal of lowering finance costs on the national debt.

Source

SoFi’s stock drops on .5 billion share sale announcement

Finance

SoFi’s stock drops on $1.5 billion share sale announcement

December 4, 2025

Key Points SoFi announced the public offering of $1.5 billion in stock. The share sale comes after the fintech company’s market cap almost doubled so far in 2025. Stock prices often fall when companies announce offerings because the share sale dilutes the value of existing holders’ stakes. Source

Finance

Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more

December 4, 2025

Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of […]

Finance

Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more

December 4, 2025

Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical […]