SoFi CEO Noto continues to load up on stock with $1.24 million in purchases this month

SoFi CEO Noto continues to load up on stock with $1.24 million in purchases this month

SoFi Technologies Inc. Chief Executive Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company’s stock Thursday amid pressure on banking names. Noto purchased 45,000 shares of SoFi SOFI, -0.39% at an average price of $5.3936 Thursday, according to a filing with the Securities and Exchange Commission. That buying…

SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff

SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff

As SoFi Technologies Inc. shares fell Friday amid the fallout over Silicon Valley Bank’s collapse, the financial-technology company’s chief executive bought up stock. SoFi Chief Executive Anthony Noto bought about $995,000 in SoFi shares SOFI, -8.37% on Friday, according to a filing with the Securities and Exchange Commission that was released after the close of…

Bed Bath & Beyond stock surges in revenge of the meme stocks that lifts AMC

Bed Bath & Beyond stock surges in revenge of the meme stocks that lifts AMC

Bed Bath & Beyond Inc. led a revenge of the meme stocks Monday, with shares rallying 92%, but the stock turned around hard in after-hours trading as executives announced plans to sell convertible shares to get out of a loan default. Bed Bath & Beyond BBBY, +92.13% will attempt to sell convertible preferred stock as…

Opinion: Why a prominent Tesla investor wants Elon Musk to put him on the board

Opinion: Why a prominent Tesla investor wants Elon Musk to put him on the board

Ross Gerber is well-known in certain circles as a longtime Tesla Inc. investor, thanks to being a bullish voice on Twitter about the electric-vehicle company. As Tesla TSLA, -1.67% stock has plummeted in recent months while Chief Executive Elon Musk sells shares and focuses on his newer toy, Twitter Inc., Gerber has changed his tune…

Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO

Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO

Tesla Inc. shares Friday wrapped up their worst week since 2020, as Chief Executive Elon Musk sold billions in stock and faced a call from a prominent investor to step down from the helm of the electric-vehicle maker. Tesla TSLA, -4.72% stock fell 4.7% Friday for a weekly decline of 16.1%, the fourth-worst week in…

CrowdStrike stock drops nearly 20% as new subscriptions slow

CrowdStrike stock drops nearly 20% as new subscriptions slow

CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations amid macro headwinds. CrowdStrike  CRWD, -1.04% shares plummeted more than 17% after hours, following a 1% decline in the regular session to close at $138. The company reported a fiscal third-quarter loss of $55 million,…

Elon Musk sells Tesla stock worth nearly $4 billion following Twitter purchase

Elon Musk sells Tesla stock worth nearly $4 billion following Twitter purchase

Elon Musk sold nearly $4 billion worth of Tesla Inc. stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter Inc. According to filings with the Securities and Exchange Commission that were disclosed Tuesday evening, Tesla TSLA, -2.93% Chief Executive Musk sold roughly 19.5 million…

Upstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lending

Upstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lending

Upstart Holdings Inc. shares fell after the company delivered a lower-than-expected revenue forecast for the current quarter, but its chief executive expressed confidence in the performance and value of artificial-intelligence-driven lending. Since Upstart UPST, +9.02% offered preliminary second-quarter results a month ago that fell shy of expectations, the key issue headed into the company’s official…