Housing affordability is at a crisis low. You’ve read that headline a hundred times. Either incomes rise or home prices crash to get back to pre-COVID levels. That’s true if…
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Stocks
Samsung Electronics stock had its worst day in three weeks, and the other memory stocks are lower as well
Samsung Electronics stock had its worst day in three weeks on Monday as investors reacted to its shareholder return plan, souring the mood for other memory-chip making rivals.
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Cerebras is betting that its specialized chips will outpace traditional graphics processing units as AI agents become more widespread.
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U.S. stock-index futures were little changed on Sunday after a quiet week on Wall Street, as investors await hints from the Fed concerning the outlook for interest rates.
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Berkshire Hathaway has upped its bet on the U.S. housing market, and also boosted its stakes in Alphabet and Delta Air Lines.
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On August 6, the first tranche of locked-up SpaceX shares was released. Roughly 911.5 million shares became eligible to trade in a single session. SPCX went up 6%. Then it…
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An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
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The AI cloud provider topped revenue and earnings expectations, with its CEO cheering “an important inflection point.”
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The company is looking to expand its reach in Europe and building up its backlog.
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Stocks
U.S. stock futures flat as investors await inflation data, grapple with more Iran uncertainty
U.S. stock-index futures were little changed on Sunday, after new demands from Iran raised fresh doubts about the Strait of Hormuz reopening anytime soon and as investors await key inflation…
