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The Federal Reserve held benchmark interest rates steady for a fifth consecutive session.

Seagate’s earnings give rival Western Digital a boost, while SK Hynix’s results drag down rival Micron.

The main US stock measures were mostly pointing higher in Wednesday's premarket activity as traders

I keep hitting the buy button on SoFi Technologies (NASDAQ:SOFI), and the Fed-driven tech sell-off this month has only made my finger heavier. The stock sits at $16.67, down 36.33% year to date, while the QQQ has gained 16.74% over the same window. That gap is the opportunity. The market is pricing SoFi like a ... The Fed Just Triggered a Sharp Tech-Sector Sell-Off: Here Is the 1 Dirt-Cheap Financial Disruptor I’m Buying Hand Over Fist

Surging Treasury yields and inflation fears are putting pressure on this digital bank, today, May 19, 2026.