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SoFi Technologies (SOFI 3.13%) stock has struggled this year, down about 37% year to date despite strong first-quarter earnings and the launch of its own stablecoin, SoFiUSD. The rollout of SoFiUSD, a bank-issued U.S. dollar stablecoin, marks the first time that a U.S. bank-issued stablecoin is available directly on a banking app. SoFi stock has gained about 7% since Q1 earnings were released, and it surged after more details on the stablecoin came out in late May. Nonetheless, the stock price remains down big year to date, and its forward P/E has dropped to 28 from 44 at the start…

Northern Ireland was on edge after Belfast erupted in violence following a brutal stabbing attack in the city this week.The case has ignited simmering anti-immigrant sentiment. Far-right figures have called for crowds to take to the streets and said that the United Kingdom should oust millions of foreign-born people.Political leaders are calling for restraint. The suspected attacker, a 30-year-old Sudanese refugee, appeared in court on Wednesday facing charges of attempted murder. Here’s what’s happening in Belfast.What happened in the attack?The attacker stabbed another man around 10:30 p.m. on Monday at an apartment complex in northern Belfast, the police said. The…

At a time when it feels like every news story is about how your costs are getting higher, USAA is bringing a little bit of financial relief to some of its car insurance customers in Florida. This week, the company announced a combination of rate cuts and direct dividend payments to eligible members that would total nearly $1 billion in savings.The news comes just months after State Farm announced a similar dividend payout for its customers. So some drivers have been seeing at least a little relief even as soaring gas prices strain their wallets.But which drivers are going to…

Making adjustments. Russia has banned military cargo traffic via a key land corridor to Crimea, according to the commander of Ukraine’s unmanned systems, Robert Brovdi. The decision follows recent Ukrainian strikes targeting a highway and bridge connecting Russian territory to Crimea through occupied parts of southern Ukraine, including Mariupol. Russian military traffic along the corridor, […] This article is for subscribers only Join thousands of readers who rely on GPF for clear-eyed geopolitical analysis. $89 per year Save 18% vs. monthly ✓Full access to all daily analysis & forecasts ✓George Friedman’s geopolitical insights ✓2026…

England’s Harry Brook has returned to the No. 1 spot in the ICC Men’s Test batting rankings, replacing teammate Joe Root in the latest update released on Wednesday.Brook reclaimed the top position after scoring a half-century in the first innings of England’s 115-run win over New Zealand in the first Test at Lord’s.Root managed scores of one and eight in the match, allowing Brook to move back to the top of the rankings. Brook had first reached the No. 1 position in December 2024.Australia’s Travis Head has climbed to second place, while Root has dropped to third ahead of the…

Sean KennedyMizuho Securities USA LLC, Research Division So I’m going to kick things off. I’m going to dive into Market Intelligence and GenAI, which is the vast majority of the questions I get on S&P these days because the rest of the business is sort of resilient and strong. So my first question is, so how do you distinguish between cyclical headwinds, like end market softness in the financial sector? And any structural AI substitution risk to CapIQ and all the similar workflow tools within Market Intelligence. Mark GrantSenior VP of Investor Relations & Treasurer Yes. I think this is…

Retired Air Force Lt. Col. David Flippo is projected to win a competitive House Republican primary to succeed Rep. Mark Amodei, R-Nv. The Associated Press called the race on Wednesday morning. As of press time, Flippo led with 45.7% of the vote to James Settelmeyer’s 35.3%, with 83% of precincts reporting. Flippo previously secured Trump’s endorsement in the contest. The 2nd congressional district is reliably Republican. Amodei has represented the district since 2011, but announced this year that he would not seek reelection. More here Tagged: Partner BACK TO HOMEPAGE Source link

If advisors cannot scale their capacity through headcount, the argument goes, they will scale it through tools. AI-driven meeting documentation, automated client follow-up, portfolio rebalancing, and compliance review will allow each advisor to serve more clients without sacrificing service quality. Source link

Ansar Allah, the Yemeni political and military organization commonly known as the Houthis, announced on Monday that they would close the Bab-el-Mandeb Strait to Israeli ships, adding ominously that they “consider all enemy movements to be legitimate military targets for our Armed Forces.” The declaration highlighted another unrealized goal of the American-Israeli war on Iran. Along with ending Iran’s nuclear program, toppling the Islamic Republic, and eliminating Tehran’s missiles and drones, the U.S. and Israel have sought to sever Iran from its forward deterrent network of partners—or what Western commentators, without nuance or real understanding, call Iran’s “proxies.” The dramatic…

Expect to see a lot of soccer balls stuck in the back of the net come this summer. The 2026 World Cup will feature a large uptick in games played now that there are 48 teams in the fold as opposed to 32. With that, 104 matches will be played. In 2022, 64 matches were played. Let’s check out the odds for total goals scored as of June 10.This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports.World Cup total goals…