While mortgage rates have remained at a consistent level since the middle of May, attention in the housing market continues to focus on the affordability crisis that began in 2022, as post-pandemic inflation became the primary focus of federal monetary policy. For homebuyers and sellers, that means business continues to be sluggish as the average
On June 12, Commerce Secretary Howard Lutnick sent Anthropic a letter giving the company 90 minutes to disable two of its most powerful AI models for every customer it had, anywhere in the world. Anthropic confirmed it complied. Two weeks of negotiations in Washington followed. On June 26, Lutnick sent Anthropic another letter. Anthropic confirmed
Palantir Technologies (PLTR) is no longer simply another AI stock chasing the latest Wall Street craze. It’s emerging as one of the clearest tests of how much investors will pay for military AI. That’s significant for more than just hedge funds and defense analysts. A carefully watched stock among individual investors, Palantir is a government
The annual stress test modeled a sharp economic shock, including steep declines in commercial real estate and home prices, with unemployment surging to 10%, the Fed detailed in its results. All 32 of the nation’s largest banks survived the hypothetical downturn, absorbing more than $708 billion in projected losses while maintaining minimum capital levels. Within
The biggest money in markets is rarely made where the crowd is looking. By the time a trade has a nickname, a dedicated cable segment and a line of exchange-traded funds chasing it, the easy gains have usually already been handed out. The real edge tends to sit in the unglamorous corners that bore most
The man who predicted the 2008 housing crash is making another contrarian call, and this time his sights are set on China. Hedge fund manager Michael Burry, who became famous after the film “The Big Short” chronicled his bet against subprime mortgages, revealed on Thursday, June 25, that he added to his JD.com position at
Verizon joined the Dow Jones Industrial Average in 2004, when AT&T was removed and the index needed a new telecommunications name. It held that seat for 22 years. S&P Dow Jones Indices revealed on June 23 that the seat now belongs to someone else. Alphabet (GOOGL) will replace Verizon Communications (VZ) in the 30-stock index
Few congressional portfolios attract as much scrutiny as Nancy Pelosi’s. Her husband, Paul Pelosi, who executes the family’s trades, has previously disclosed bets on Microsoft and Alphabet that outpaced the S&P 500. His latest moves may draw even more attention. Investing.com reports that Pelosi purchased call options on both Intel (INTC) and Uber (UBER) on
Cathie Wood, chief of Ark Investment Management, likes to double down on her favorite tech stocks when the prices are falling, hoping for a bargain. That’s what Wood just did, adding shares of Coinbase after weeks of tumbling. In 2025, Wood’s flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88%
Amazon (AMZN) is telling investors that the artificial intelligence boom comes with a very real price tag. And Wall Street needs to take note. Amazon Web Services quietly posted an update to the pricing for Amazon EC2 Capacity Blocks for ML, a reservation product that allows customers to lock in accelerator capacity for machine learning