News

Atlassian (TEAM) Stock Trades Up, Here Is Why

Shares of IT project management software company, Atlassian (NASDAQ:TEAM) jumped 6.4% in the afternoon session after stocks rebounded to start the session amid continued market volatility and moved slightly higher as the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."

Why Is Upstart (UPST) Stock Rocketing Higher Today

Shares of aI-powered lending platform Upstart (NASDAQ:UPST) jumped 8.1% in the afternoon session after stocks rebounded to start the session amid continued market volatility and moved slightly higher as the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."

Why Is Wayfair (W) Stock Soaring Today

Shares of online home goods retailer Wayfair (NYSE:W) jumped 7.3% in the afternoon session as stocks rebounded to start the session amid continued market volatility and moved slightly higher after the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."

Fed to Shrink Balance Sheet at Slower Pace Until Debt-Ceiling Deal Reached

(Bloomberg) -- The Federal Reserve said it will start shrinking its balance sheet at a slower pace starting next month, reducing the amount of bond holdings it lets roll off every month. Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA Malibu Model for Residents on the Fire FrontlinesOfficials