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Business, Stocks

“Rolls-Royce shares soar by 23% after annual results crush expectations”

“Shares of London-listed aviation manufacturer Rolls-Royce soared Thursday, after the company sharply beat expectations with a 57% year-on-year increase in underlying profit, driven by its civil aerospace and power systems. Its stock was up by 23% at roughly 1:30 p.m.… Continue Reading…

Real Estate

“Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand”

“The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand. Total mortgage application volume fell 14.2% last week compared… Continue Reading…

Stocks

“5 Stocks Expected to Crush the S&P 500”

“ServiceNow (NOW) ServiceNow is an enterprise software company, focusing on digital workflows. The company has a market cap of just over $100 billion market cap and generated $4.2 billion in revenue over the last twelve months. The company has over… Continue Reading…

Banking, Economy, Personal Finance

“Angry savers emailed Janet Yellen: We’re getting crushed by low rates”

“Rock-bottom interest rates have pumped up stock prices, knocked down mortgage rates and supported the creation of countless unicorns in Silicon Valley. Savers, on the other hand, have been crushed by near-zero rates.Some of those savers penalized by the Federal Reserve’s… Continue Reading…