News

Intel Corporation shares are experiencing a decline after recent gains, potentially due to profit-taking and investor hesitation following the appointment of a new CEO. This decline comes amidst financial challenges and increasing competition from other technology giants, raising concerns about the company's future performance.

Affirm Holdings Inc. (AFRM) shares surged 9.18% on Wednesday, following the Federal Reserve's decision to maintain interest rates and slow quantitative tightening. This positive sentiment aligns with the broader market's reaction, as the Fed's policy signals a more accommodative stance that could benefit Affirm's business model and the fintech sector overall.

HealthEquity reported a 19% increase in revenue for the fourth quarter, exceeding analyst expectations, but missed on adjusted EPS due to higher cybersecurity costs. The company remains optimistic about its long-term prospects, with analysts expecting strong HSA business and higher cash yields in the coming years.

Mark Cuban, a "Shark Tank" investor, warns against focusing on capturing a small percentage of a large market during pitches, as he believes it indicates a lack of market understanding. He emphasizes the importance of execution, humility, and realism in entrepreneurship, stating that great ideas alone are not enough.

China's economic data release, including retail sales for the first two months of the year, will offer crucial insights into the health of the world's No. 2 economy as it navigates the complexities of a brewing trade war with the United States. This data will be closely scrutinized by analysts and policymakers alike, providing valuable indicators of consumer spending and overall economic activity in the face of these external challenges.