- U.S. housing market is ‘chaotic’ — and faces one of its biggest tests, Re/Max founder says
The housing market is facing a significant hurdle in the form of higher rates, brokerage chairman says.
Wed, 24 Apr 2024 13:27:00 GMT - Treasury yields edge higher as data from Fed’s preferred inflation gauge looms
Yields on U.S. government debt were slightly higher Wednesday morning, with traders focused on the next major inflation update at the end of the week.
Wed, 24 Apr 2024 13:27:00 GMT - Durable-goods orders get boost from autos and planes, but most manufacturers tread water
Orders for U.S. durable goods jumped 2.6% in March, but most of the increase was tied to new autos and passenger planes. Orders barely rose outside of the transportation sector in a sign of ongoing manufacturing weakness.
Wed, 24 Apr 2024 13:22:00 GMT - ‘Irrational excitement’ over AI will wipe out tech stocks, says contrarian investor who has nailed prior selloffs
Steven Jon Kaplan, author of the True Contrarian blog and newsletter, says a popular tech ETF is headed for hard times thanks to “irrational” AI excitement.
Wed, 24 Apr 2024 13:11:00 GMT - Vertiv’s stock rallies as data-center AI deployments fuel earnings beat
Vertiv cites the “acceleration of AI-driven demand” in driving new orders.
Wed, 24 Apr 2024 12:54:00 GMT - Humana reports big profit beat, boosts Medicare Advantage membership growth view
The company said the big earnings beat was mostly driven by lower-than-planned administrative expenses.
Wed, 24 Apr 2024 12:52:00 GMT - Boeing’s losses narrow, but the airplane business keeps getting weaker
The commercial-airplane business has weakened to the point that it is now Boeing’s smallest business segment.
Wed, 24 Apr 2024 12:47:00 GMT - Hasbro swings to a stronger-than-expected profit despite lower revenue
Consumer-product sales fall but gaming provides a boost.
Wed, 24 Apr 2024 12:37:00 GMT - Trump Media steps up war on short selling with advice for retail investors on how to stop brokers lending their shares
The battle comes as Trump is on the verge of being awarded shares worth more than $1 billion in the company, which is parent to his Truth Social platform.
Wed, 24 Apr 2024 12:25:00 GMT - Oil prices hold steady ahead of weekly U.S. crude stockpile data
Oil prices were steady on Wednesday morning as investors awaited the release of the official U.S. data on oil and product stockpiles due at 10:30 a.m. Eastern time.
Wed, 24 Apr 2024 12:11:00 GMT
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