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News for: Yahoo Finance
Showing 73 - 96 of 759 results
Oct 14, 2026 5:28 AM — Mortgage Lending
Is Rocket Lab Stock Ready For A Neutron Delay?
Rocket Lab's stock trades at 52.6 times sales, significantly higher than the S&P 500's 3.1 times. The company's Neutron rocket is pivotal for future revenue growth, with potential delays extending unprofitability. In the second quarter, Rocket Lab reported a cash burn of $110.1 million, primarily due to spending exceeding income. Despite delays, the company holds $2.4 billion in cash, with most re... more
Oct 14, 2026 5:17 AM — Housing Market
Elon Musk Backs Micron’s Pricing Restraint After a 4-Day Stock Slide
Elon Musk praised Micron for maintaining reasonable memory prices despite competition from rivals who charged high rates. This was in response to a JPMorgan note highlighting Micron's strong customer contracts, although the company's stock has been declining due to concerns over increased supply from Chinese competitors. Micron's pricing strategy is viewed as a long-term loyalty play, as the firm ... more
Oct 14, 2026 4:11 AM — Housing Market
Ukraine: SpaceX is throttling Starlink again amid war with Russia
SpaceX has implemented speed restrictions on Starlink satellite internet terminals used by Ukraine, affecting military operations amid the ongoing conflict with Russia. This limitation was confirmed by a Ukrainian military advisor who stated that no prior warning was given, which disrupted several missions. Previously, in 2022 and 2023, similar throttling had occurred, impacting Ukraine's drone op... more
Oct 14, 2026 4:00 AM — Bond Markets
How soaring interest rates are threatening AI stocks
Gabelli Funds Portfolio Manager Justin Bergner and NYSE Senior Market Strategist Michael Reinking discuss the effects of rapidly rising bond yields and significant AI spending on the stock market.
Oct 14, 2026 3:50 AM — Housing Market
GLND, GRML, CRML Stocks Surge Premarket: Trump Announces ‘Massive’ Oil, Gas And Mineral Exploration Plans In Greenland
U.S. President Donald Trump announced plans for large-scale oil, gas, and mineral exploration in Greenland, highlighting its strategic location for American defense systems against potential threats. Following this announcement, shares of Greenland-based companies such as Critical Metals (CRML), Greenland Energy (GLND), and Greenland Mines (GRML) saw significant gains in premarket trading, reversi... more
Oct 14, 2026 2:38 AM — Mortgage Lending
SpaceX Caps Ukraine’s Military Starlink at 100 MPH: Why It Matters More Than the Money
SpaceX has imposed a speed cap on its military-grade Starlink service in Ukraine, limiting connection on any terminal moving faster than 100 miles per hour. This unexpected decision has disrupted several military operations and is believed to be linked to the current political situation. The Pentagon funds the StarShield service used in Ukraine, which encompasses a significant contract with a valu... more
Oct 14, 2026 2:37 AM — Housing Market
Why Elon Musk is liking Micron right now
Elon Musk praised Micron Technology (MU) for its reasonable pricing on memory products and their commitment to customer loyalty, suggesting they are outperforming competitors. Micron recently reported significant growth, adding $43 billion in sales compared to last year and over $13 billion from three months ago, with operating margins exceeding 80%. The company anticipates tight capacity and high... more
Oct 14, 2026 2:26 AM — Mortgage Lending
Warren Buffett's Successor, Greg Abel, Purchased Nearly $4.8 Billion of the Oracle of Omaha's Favorite Stock This Year -- and He Likely Just Spent Several Billion More
Berkshire Hathaway, now under the leadership of Greg Abel following Warren Buffett's retirement, has seen significant changes in its investment strategy, including a notable move into tech stocks like Alphabet. In the first half of 2026, Abel has continued to prioritize value investments, spending nearly $4.8 billion on stocks associated with Buffett. The company has a new buyback program allowing... more
Oct 14, 2026 1:55 AM — Interest Rates
AI driven inflation has peaked: Goldman Sachs
Goldman Sachs economists forecast that the impact of AI on inflation is moderate and may peak by the end of the year. They estimate that AI is currently increasing core PCE inflation by 45 basis points, expecting this to decline to 10 basis points by the end of 2027. The Federal Reserve's recent interest rate hike in September was influenced by persistent inflation partly due to AI and rising ener... more
Oct 14, 2026 1:41 AM — Bond Markets
Elon Musk Says ‘Yikes’ As CoreWeave Bond Yield Hits 15% Amid Chamath Palihapitiya’s ‘Private Credit Bubble’ Warning
Elon Musk reacted to a spike in bond yield for CoreWeave Inc., which surged to 15%, indicating potential concerns over a private credit bubble among AI firms, as highlighted by venture capitalist Chamath Palihapitiya. He noted that capital spending by major tech companies is expected to increase significantly, which is leading to a growth in direct lending to U.S. borrowers. The article discusses ... more
Oct 14, 2026 1:40 AM — Housing Market
Exclusive-China buys 8-10 US soybean cargoes in first deals since Trump-Xi summit, sources say
Chinese state buyers have resumed purchasing US soybeans after a break since September, buying 8-10 Panamax cargoes for shipment starting in December. This comes following a summit between Presidents Trump and Xi, with China previously experiencing weak demand due to holidays. Premiums paid by Chinese firms ranged from $3.10 to $3.20 per bushel, and these purchases contribute to China's target of ... more
Oct 14, 2026 1:38 AM — Bond Markets
Three Weeks Before The Midterms, Donald Trump Has A Stock Market Problem Hiding In Plain Sight. The Stealth Bear Market Is Already Here
The article discusses the current state of the stock market, highlighting that despite the S&P 500 nearing record highs, over half of U.S. stocks are down more than 20% from their peaks. Notable contributors to S&P gains include NVIDIA and Meta, while many other stocks have suffered significant losses. Analyst Mike Wilson warns that high bond volatility could lead the S&P to drop to 7,300 and poin... more
Oct 13, 2026 11:11 PM — Housing Market
ASML Raises Sales Forecast For A Third Time, But Q3 Revenue Miss Sends Stock Lower: Earnings Selloff Spreads To MU, SNDK, INTC
ASML raised its 2026 revenue forecast for the third time in 2023, despite third-quarter revenue narrowly missing analyst expectations. The company's net revenue rose 55% to 11.66 billion euros, with net profit climbing to 4.96 billion euros. ASML's CEO indicated that customers are increasing their demand forecasts, particularly for AI-related investments, and the company is exploring options to ex... more
Oct 13, 2026 10:12 PM — Housing Market
ASML Raises Full-Year Sales Outlook as AI Boom Drives Demand
ASML Holding NV has raised the low end of its 2026 sales forecast for the third consecutive quarter due to increased demand for its chip-making machines driven by the rise in artificial intelligence spending. The company now projects annual sales between €44 billion and €45 billion, up from a previous estimate of €43 billion. ASML, which specializes in lithography machines for semiconductor produc... more
Oct 13, 2026 5:01 PM — Mortgage Lending
How Much You Need to Retire Comfortably With a Paid-Off Home in Every State
A recent analysis suggests that a single retiree with a paid-off home requires about $693,000 in savings for a comfortable retirement, while a mortgage-free couple needs around $870,000. Although these retirees do not have mortgage payments, they still face various housing-related costs, such as taxes and utilities, which vary significantly by state. Geographic location greatly influences retireme... more
Oct 13, 2026 3:48 PM — Housing Market
Could Tesla's Roadster Reveal Trigger Another Stock Crash?
Elon Musk plans to unveil the Tesla Roadster, which will fly using SpaceX technology, at an event in Texas on October 15. Investors are wary, given Tesla’s history of stock declines following product reveals due to uncertainty about technology transitioning to revenue. Past reveals, like the Cybertruck, resulted in significant stock drops. While a successful demonstration could boost stock sentime... more
Oct 13, 2026 2:27 PM — Interest Rates
Boston Fed’s Collins wants to raise rates ‘a bit more’ before the end of the year
Boston Federal Reserve president Susan Collins expressed support for raising interest rates again this year to combat inflation, emphasizing the need for a timely return of inflation to the Fed's 2% target. She highlighted that while recent core inflation was at 2%, she anticipates that total inflation may exceed this target in the coming months due to rising prices in the energy sector. Collins s... more
Oct 13, 2026 1:29 PM — Mortgage Lenders
Bank of America hit with $1.2 billion penalty over money laundering failures
Bank of America was fined over $1.2 billion by regulators for failing to adequately monitor vast amounts of transactions and report suspicious activities potentially linked to money laundering, drug trafficking, and fraud. The penalties come from the Financial Crimes Enforcement Network (FinCEN) and the Office of the Comptroller of the Currency (OCC), among others. Bank of America's stock fell by ... more
Oct 13, 2026 1:20 PM — Interest Rates
Chipmakers' Decline Outweigh Fed Official's Remarks Against Hiking Rates More Than Once. Stocks Edged Down.
On Tuesday, stock markets slid as concerns over the semiconductor industry overshadowed comments from Federal Reserve official John Williams, who suggested only one more interest rate hike might be needed this year. The S&P 500, Nasdaq, and Dow Jones experienced slight declines due to fears surrounding competition in the memory chip market, particularly from China's ChangXin Memory Technologies. T... more
Oct 13, 2026 12:49 PM — Housing Market
September Existing Home Sales Rise Despite Elevated Mortgage Rates, NAR Data Show
US existing home sales increased in September despite rising mortgage rates, indicating resilience in the housing market, according to TD Economics.
Oct 13, 2026 7:21 AM — Mortgage Lending
JPMorgan, Wells Fargo, and Citi earnings show consumers holding up despite high rates
Three major U.S. banks, JPMorgan Chase, Wells Fargo, and Citigroup, reported third-quarter results indicating resilience in the U.S. economy amidst higher interest rates. Despite rising borrowing costs, consumer spending and lending have shown year-over-year growth, with improvements in charge-off rates for credit cards. Wells Fargo's CEO noted strong consumer spending and low loan delinquencies, ... more
Oct 13, 2026 7:03 AM — Mortgage Rates
US existing home sales rise in September; higher mortgage rates dim outlook
US existing home sales rose unexpectedly in September, with a 1.5% increase to an annual rate of 3.99 million units, attributed to revisions of August's figures and improved inventory. However, the market remains subdued due to higher mortgage rates nearing 7.5% and record-high median house prices, creating an affordability crisis for many Americans. Sales are down 2.2% year-over-year, demonstrati... more
Oct 13, 2026 7:01 AM — Mortgage Rates
Higher mortgage rates keep home sales stuck around year-to-date lows
Existing US home sales increased by 1.5% in September, reaching a seasonally adjusted annual rate of 3.99 million despite rising mortgage rates, which climbed from below 7% to around 7.5% during the month. Year-over-year, sales are down 2.2%, and the housing inventory rose to 1.6 million homes, the highest since November 2019, giving buyers more negotiating power amid a challenging market.
Oct 13, 2026 6:29 AM — Interest Rates
Big banks post strong Q3 profits, but warn higher rates and inflation could bite
Wall Street's major banks, including JPMorgan Chase, Citigroup, Wells Fargo, and Goldman Sachs, reported strong profits for the third quarter but expressed concerns regarding the long-term effects of rising interest rates and inflation on consumers and the economy. JPMorgan's profits rose to $15.3 billion, though it missed analysts' earnings expectations, primarily due to a slowdown in its investm... more
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