Tag: business news
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September data shows housing market in a deep freeze
New data on the housing market’s performance in September is bleak, with sales, construction and sentiment all falling more than expected.
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Bullish sentiment on stocks has cratered. Why that could be good for stocks
Stock market sentiment on Wall Street is downbeat. Perhaps too downbeat.
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SpaceX reports after the bell. Here’s what options traders expect
It’s been a busy three months for SpaceX. Traders think that means more gains for the stock after it reports earnings after the bell today.
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Salesforce announces $5.66 billion deal for Braze, sending BRZE stock soaring 50%
The company’s latest acquisition is expected to close in fiscal 2028, and will see Braze shareholders receive $47.50 in cash per share.
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Investors look to earnings to reset the bull market. The key level to watch on the S&P 500
The key level traders are watching on the S&P 500 that could mean an even bigger decline is ahead.
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UK to deploy fighter jets to defend Saudi cities from Houthi attacks
The U.K.’s Royal Air Force will deploy jets to assist with defensive operations, but will not engage in offensive strikes.
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Draymond Green says he’s ‘not Steph Curry,’ wants to play another year even if he leaves Golden State Warriors
NBA star Draymond Green said he would love to retire as a member of the Warriors but plans to keep playing next season even if that means joining another team.
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HSBC says CoreWeave shares to drop another 30%-plus because of ‘structural concerns for neoclouds’
The bank has a reduce rating on the cloud infrastructure stock.
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Apple gets a downgrade from Loop Capital on fears of slow iPhone sales
Apple is on pace to fall short of revenue expectations tied to its iPhones, so investors should think twice before adding exposure to the tech giant, according to Loop Capital.
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HSBC CEO warns the AI boom won’t make every data center a good bet
Data center campuses house the servers that power AI and cloud computing.
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