Tag: business news
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Mortgage rates are easing slightly, but homebuyers are retreating
Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall.
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Macy’s posts strongest Q1 growth in four years, raises guidance despite consumer worries
Macy’s has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.
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KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals
U.S. private markets firms fell in premarket trading, as concerns over redemption pressure returned to the spotlight.
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This fast food stock is trading at a discount. Morgan Stanley says it’s a buy
The investment bank upgraded the fast food stock to overweight from equal weight.
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Trump says Iran agreed to not have nuclear weapons, but ‘they can change their mind’
The president was speaking to the New York Post’s “Pod Force One” podcast in a wide-ranging interview.
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SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
The analysts see a wide range of possibilities around xAI and find its “economic moat indeterminate.”
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Former Barclays CEO Bob Diamond says Middle East is primed for tokenized finance
Middle Eastern banks are at an advantage as they are more agile with less worries about legacy systems, according to Diamond.
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Alphabet’s $80 billion stock sale leaves Wall Street in ‘unprecedented territory,’ says Goldman’s Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet’s underwritten offerings.
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Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas said that whichever company can provide the “most taken value per watt per user” will be the AI winners in the future.
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UK Exchange newsletter: English football — in a league of its own?
English football appears to be riding high following Arsenal’s Premier League win. But scratch beneath the surface and all is not as good as it looks.
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