Latest in Lumen reveals latest numbers around AI deals, and stock leaps higher
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Lumen reveals latest numbers around AI deals, and stock leaps higher
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - November 6 -
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.Business - MarketWatch - November 8 -
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.Business - CNBC - October 30 -
Our lone oil-and-gas stock strikes 2 smart deals — plus, AMD sharpens its AI focus
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - November 13 -
Jobless claims inch higher in latest week
Claims tick up 3,000 to 221,000 after three weeks of declinesBusiness - MarketWatch - November 7 -
Small step or a giant leap? What AI means for the dance world
As a new show co-created by an AI performer opens in France, industry leaders including Wayne McGregor, Tamara Rojo and Jonzi D contemplate the technology’s possibilities and perils. ‘I think AI’s ...World - The Guardian - October 29 -
Honeywell’s stock leaps toward a record after activist investor pushes for a breakup
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment Management L.P. disclosed a large stake and said it was pushing for a breakup ...Business - MarketWatch - November 12 -
The valuation warning for Costco and other higher-rated stocks
When companies approach extreme price levels, gravity loomsWorld - Financial Times - 3 days ago -
Oil prices end higher following latest developments in Russia-Ukraine war
Crude futures settled a bit higher on Tuesday as traders tracked developments in the Russia-Ukraine war that looked to raise the risk of oil-supply disruptions from one of the world’s largest ...Business - MarketWatch - 4 days ago -
Spain floods latest: number killed passes 150 as scientists say climate change ‘most likely explanation’
At least 155 people have reportedly died with more rain forecast for the flood-hit region of Valencia. Death toll expected to rise amid anger over preparedness People in Spain: have you ...World - The Guardian - October 31 -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - November 8 -
Verizon-Frontier deal goes to the wire as investors demand higher price
Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for moreBusiness - Financial Times - November 8 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
The AI bubble is looking worse than the dot-com bubble. The numbers prove it.
Two different bubbles and two completely different revenue streams mean only one thing.Business - MarketWatch - October 26 -
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first BudgetBusiness - Financial Times - October 30 -
Capital gains tax calculator: how are you affected?
UK chancellor Rachel Reeves has announced an immediate increase in her first BudgetBusiness - Financial Times - October 30 -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - November 6 -
Upstart’s stock roars higher. Here’s why analysts say the tide is turning.
Analysts say the AI lender is on a better track is it benefits from an improved interest-rate climate, funding partnerships and “solid” credit trends.Business - MarketWatch - November 8 -
MicroStrategy to lose ‘controlled company’ exemption, and stock seesaws higher
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.Business - MarketWatch - November 12 -
Snowflake’s stock flies higher as software company’s outlook impresses
Snowflake’s last three earnings reports spurred negative stock reactions, but investors seem to like the company’s upbeat guidance this time aroundBusiness - MarketWatch - 3 days ago -
Latest Pentagon report reveals hundreds of new UFO sightings
There are no suggestions of extraterrestrial origin, but that won’t settle any debates over the existence of alien life. The Pentagon ’s latest report on UFOs has revealed hundreds of new ...World - The Guardian - November 15 -
Looking to Travel Around Thanksgiving? There’s Still Time to Snag a Deal.
Cheap flights. Fewer crowds. November can be one of the most affordable months for international travel, and travelers can still snag a choice deal.Business - The New York Times - November 6 -
‘DJT’ stock drops as crypto-deal talk cools
Trump Media & Technology Group’s stock had risen amid talk of a deal to buy cryptocurrency-centered company Bakkt.Business - MarketWatch - 4 days ago -
Alphabet quiets the doubters with ‘all-around’ strength that sends stock soaring
“We believe that this ship is sailing smoothly and doing everything right,” an analyst says.Business - MarketWatch - October 30 -
Trump victory deals latest heavy blow to a struggling Germany
Donald Trump's election as U.S. President could be yet another major blow for the struggling German economy.Business - CNBC - November 7 -
Latest typhoon lashes the Philippines, causing tidal surges and displacing thousands
Super typhoon Man-Yi swept across the Philippines’ main island of Luzon on Sunday, after triggering more than a million evacuations and damaging buildings.Top stories - NBC News - 6 days ago -
Geno Auriemma's UConn career, by the numbers: Legendary coach sets NCAA D-I wins record in latest milestone
The 11-time national champion has passed Tara VanDerveer to sit atop the NCAA Division I wins listSports - CBS Sports - 3 days ago -
Hims & Hers’ stock tumbles on Amazon’s latest disruptive foray into healthcare
Amazon is now offering upfront pricing for virtual care for ailments such as men’s hair loss and ED.Business - MarketWatch - November 14 -
Why Qualcomm’s latest diversification plans aren’t enough to help its stock
Qualcomm seems to be preparing for a world without Apple business, but one analyst thinks the company’s PC targets look aggressive.Business - MarketWatch - 3 days ago -
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Networking company sees a 20% boost in product orders for the latest quarter.Business - MarketWatch - November 14 -
2024 NFL trade deadline: Latest rumblings from around the league as teams are more active than ever before
What I'm hearing ahead of Tuesday's deadlineSports - CBS Sports - November 5 -
Starbucks’s New CEO Just Revealed a Brilliant Master Plan to Turn the Company Around. It All Starts With 4 Words
Brian Niccol’s new four-word goal for Starbucks is brilliant in its simplicity. But there’s more than meets the eye.Business - Inc. - October 31