Shares of SoFi were inching higher in Wednesday’s after-hours action after a KBW analyst abandoned his bearish stance on the fintech stock.
Dow Jones Newswires: Qantas scraps plans to acquire Alliance Aviation amid antitrust scrutiny
Qantas Airways scrapped its attempt to acquire local charter operator Alliance Aviation Services following opposition from Australia’s competition regulator.
Earnings Results: Discover shares fall on ‘sizeable’ amount of funds set aside to cover loan losses
Shares of Discover Financial Services fell after the credit-card and financial services giant set aside more money to cover losses on souring credit.
: Elon Musk says Cybertruck sales will start Nov. 30
Tesla’s CEO Elon Musk tweets that the EV maker will start selling the Cybertruck on Nov. 30.
Earnings Results: Equifax’s stock drops as outlook is cut
Equifax shares fell after hours Wednesday as the credit-score agency cut its outlook for the year, blaming a weak mortgage market that is expected to continue.
: Costco taps 40-year veteran Ron Vachris as new CEO
Costco Wholesales Corp. on Wednesday said that Craig Jelinek had “confirmed” his intention to step down as chief executive on Jan. 1.
: Jordan fares worse in 2nd vote for House speaker, as McHenry faces calls to step up with 3rd ballot expected Thursday
Rep. Jim Jordan runs into more trouble Wednesday in his bid to become the House’s next speaker.
: Netflix is raising prices on some plans. Here’s what you need to know.
Netflix Inc. cracked down on password sharing earlier this year, and now the company is looking to boost revenue further with its latest set of price hikes.
Your Digital Self: Israel-Hamas war threatens tech sector growth and innovation
About 500 multinationals currently operate in Israel, primarily focusing on cutting-edge research and development.
Earnings Results: Lam Research earnings top Street view, but outlook virtually in line with consensus
Lam Research slipped after hours Wednesday as the wafer-fab-equipment market’s earnings forecast midpoint was a penny more than the consensus estimate.
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