September 5, 2024
“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.43% from 6.44% Applications for a mortgage to purchase a home did rise 3% for the week but are still 4% lower… Continue Reading…
September 5, 2024
“The nearly 30% drop in shares of Chinese online retailer PDD Holdings is “too much of a correction,” according to Shaun Rein, founder and managing director of the China Market Research Group. Speaking to CNBC’s “Street Signs Asia,” Rein said… Continue Reading…
September 5, 2024
“Sony said its suggested retail price for the PlayStation 5 is 79,980 yen, or $553, up 19% from the previous price. The hike will take effect from Sept. 2. Sony cited a challenging external environment, including fluctuations in the global… Continue Reading…
September 4, 2024
“…Why has UPS stock plunged roughly 45%? The short answer is that the company’s revenue and earnings have declined. That’s all investors need to bail out on a stock. Several factors contributed to UPS’ declining financial fortunes, though…” https://finance.yahoo.com/news/once-decade-opportunity-buy-magnificent-095000113.html
September 4, 2024
“…COMPASS Pathways (CMPS)… Morgan Stanley analyst Vikram Purohit, who covers the stock, sees CMPS as presenting a compelling risk-reward opportunity. He highlights the company’s leading clinical program… To this end, Purohit rates CMPS shares an Overweight (i.e. Buy), and his $23 price… Continue Reading…
August 26, 2024
“…Shares of the company rose 9% in extended trading. The stock has more than doubled its value this year, bringing Cava’s market cap up to about $11.6 billion, as of Thursday’s close… The Mediterranean restaurant chain reported fiscal second-quarter net… Continue Reading…
August 22, 2024
“…The company’s shares rose more than 15% in morning trading. Here’s how the Bike and Tread maker performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: For the three-month period that ended June… Continue Reading…
August 20, 2024
“Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut rates next month after… Continue Reading…
August 20, 2024
“Citing higher costs and difficulty making ends meet, 3 in 5 Americans falsely believe that the U.S. is currently in a recession, according to a recent report. Economists have wrestled with the growing disconnect between how well the economy is doing and… Continue Reading…
August 14, 2024
“…Here’s how the athletic apparel company did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: In the three months ended June 30, Under Armour reported a loss of… Continue Reading…
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