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News for: Yahoo Finance
Showing 1 - 24 of 759 results
Oct 16, 2026 3:39 PM — Bond Markets
CoreWeave stock plunges 12%, but Wall Street analyst says buy the dip
CoreWeave shares fell sharply amid concerns that rising borrowing costs and heavy investment in AI infrastructure could strain its ability to fund expansion. Its bond yields and default-insurance costs surged, despite strong revenue growth, a large contract backlog, and reassurance from Nvidia CEO Jensen Huang. Peer Nebius also declined, while an analyst argued that investors may be overlooking Co... more
Oct 16, 2026 1:34 PM — Mortgage Lending
Charles Schwab CEO: AI agents trading on your behalf need 'rules of the road'
Charles Schwab CEO Rick Wurster says AI trading agents should operate only under clear client-defined rules and oversight, warning against handing them unrestricted control. Schwab’s upcoming AI assistant, Charley, will initially handle administrative tasks rather than trades. The company reported strong quarterly earnings, record asset inflows, and higher interest income, though softer guidance a... more
Oct 16, 2026 1:18 PM — Bond Markets
Strategy stock falls 10% as Michael Saylor's bitcoin giant faces index-level threat
Strategy (MSTR) shares fell nearly 10% after MSCI proposed rules that could exclude companies resembling investment funds from its indexes, potentially forcing index-tracking funds to sell their shares. MSCI plans to announce affected companies on November 11, with the rules taking effect after November 30. One analyst estimated related selling at about $2 billion and said markets should be able t... more
Oct 16, 2026 12:44 PM — Treasury Rates
US budget deficit grows to nearly $2 trillion, highest since 2021
The US federal budget deficit rose 12% to $1.99 trillion in fiscal year 2026, driven in part by record interest payments on public debt and increased spending. Higher Treasury yields are raising borrowing costs and may put upward pressure on mortgage rates. Tariff refunds and weaker corporate tax receipts also offset revenue gains, while persistent geopolitical risks could widen the deficit furthe... more
Oct 16, 2026 12:19 PM — Treasury Rates
The US federal budget deficit for 2026 just came in. It’s $1.992 trillion.
The US federal budget deficit reached $1.992 trillion in fiscal 2026, up 12% from the prior year and about 6% of GDP. National debt has exceeded $40.3 trillion, while annual interest costs have reached a record $1.1 trillion. Analysts warn deficits could grow further, despite administration claims that the fiscal outlook is improving; tariff refunds and rising government spending have contributed ... more
Oct 16, 2026 9:30 AM — Housing Market
Only 5 US housing markets still favor sellers — everywhere else, a record seller glut has buyers calling the shots
Redfin data for September 2026 identifies Miami, Nashville, Houston, Austin, and San Antonio as the strongest buyer’s markets, while a few areas remain seller’s markets. However, high home prices and mortgage rates averaging 7.4% as of October 15 have made homeownership unaffordable for many, with down payments and monthly mortgage costs still out of reach.
Oct 16, 2026 6:00 AM — Housing Market
Apple iPhone Duo preorders sell out, deliveries extend to late January
Apple’s first foldable iPhone, the $1,999 iPhone Duo, sold out shortly after preorders opened, with delivery dates pushed back to January. The device offers a large folding display and new multitasking and camera features. Foldables remain a small share of smartphone shipments, though industry forecasts anticipate significant growth by 2029.
Oct 16, 2026 5:57 AM — Interest Rates
Why CoreWeave, Nebius, and other neocloud stocks are being pounded: Goldman Sachs explains
Shares of AI-focused cloud companies CoreWeave and Nebius fell sharply as investors reassessed the financial risks of the AI infrastructure buildout amid persistently high interest rates. Goldman Sachs reported that spreads on AI-related high-yield debt widened significantly, especially for corporate bonds and data-center financing, reflecting concerns about borrower credit quality, energy costs, ... more
Oct 16, 2026 5:33 AM — Mortgage-related topic not present
PepsiCo just lost KFC to Coca-Cola. Here's how much it could sting financially.
KFC has agreed to switch its U.S. beverage supplier from PepsiCo to Coca-Cola starting in January, while PepsiCo will continue supplying KFC internationally. The loss adds to PepsiCo’s business challenges and follows Coca-Cola winning Marriott’s beverage business. Analysts estimate the KFC deal could cost PepsiCo about $50 million in revenue.
Oct 16, 2026 4:41 AM — Mortgage Rates
Tesla stock pops after unveiling Roadster with compressed air thrusters for limited flight
Tesla demonstrated a redesigned Roadster with dramatic stunts and claimed acceleration of under one second from 0 to 60 mph. The car is planned to enter production in 2028, with three configurations and prices or deposits varying by version. Tesla has not clarified whether the thruster-equipped model would be permitted on public roads.
Oct 16, 2026 4:17 AM — Mortgage Lending
Tesla Roadster probably won't drive an earnings beat, but the big reveal did achieve 2 things
Tesla unveiled a redesigned Roadster at a SpaceX site, showcasing dramatic stunts using technology inspired by SpaceX. The vehicle is expected to enter production in 2028, with deposits of $50,000 for the Performance version and $250,000 for the Thrust version. The reveal drew attention to the close relationship between Tesla and SpaceX and coincided with gains in both companies’ stocks.
Oct 16, 2026 4:02 AM — Mortgage Rates
Rareview Capital and Tuttle Capital Management Launch Humanoid Robotics ETF HOID
Rareview Capital and Tuttle Capital Management launched HOID, an actively managed ETF investing in companies developing humanoid robots and related technologies, including AI, software, semiconductors, sensors, actuators, and batteries. The fund may invest in U.S. and international companies at various stages of commercialization and plans to rebalance its portfolio at least quarterly.
Oct 16, 2026 2:00 AM — Housing Market
Canada’s Housing Market Slips Further as Mortgage Rates Climb
Canadian home sales fell 2.3% in September from August, while the benchmark home price slipped 0.4% to C$652,800 and was down 3.5% year over year. Rising bond yields have pushed up fixed mortgage rates, weakening buyer demand amid economic uncertainty, trade tensions, and inflation pressures. Listings also declined, and the Bank of Canada is widely expected to raise interest rates before year-end.
Oct 15, 2026 1:29 PM — Mortgage Rates
Why mortgage rates holding steady at 7.4% is actually pretty good news
Mortgage rates are steady at 7.4%, their highest level since late 2023. The report says this may be the best rate buyers can expect for now, as rates could rise further.
Oct 15, 2026 10:47 AM — Interest Rates
The Fed still has little control over the 2 biggest inflation drivers
A hotter-than-expected September inflation report, driven largely by rising energy costs, increased market expectations of a late-October Federal Reserve rate hike from 22% to 54%. Economists caution that higher rates may do little to curb inflation caused by oil prices and AI data-center investment. Meanwhile, weak wage growth could help ease price pressures over time, though it is squeezing hous... more
Oct 15, 2026 10:46 AM — Interest Rates
Why Nike Stock Was Climbing Today
Nike shares rose as investors rotated out of high-priced technology stocks and into beaten-down consumer-discretionary companies. The article attributes the broader tech pullback partly to concerns about rising interest rates, while noting Nike’s ongoing business challenges and the uncertainty of its turnaround.
Oct 15, 2026 9:15 AM — Bond Markets
Nvidia CEO Jensen Huang addresses CoreWeave stock plunge: 'I'm optimistic'
Nvidia CEO Jensen Huang expressed confidence in AI data-center operator CoreWeave amid a sharp decline in its shares and bonds, saying its strength is improving and its cost of capital is falling. CoreWeave faces concerns over AI demand and its debt-heavy balance sheet, while Nvidia has a significant financial and commercial stake in the company. The selloff has also spread to other AI infrastruct... more
Oct 15, 2026 9:01 AM — Mortgage Rates
Mortgage rates held steady this week at 7.4%: Mortgage and refinance interest rates today, Thursday, October 15, 2026
The average 30-year fixed mortgage rate held at 7.4% for the week, its highest level since late 2023, despite fluctuations in Treasury yields. Hotter-than-expected September inflation pushed yields higher initially, while later safe-haven bond buying drove the 10-year Treasury yield down, potentially offering some mortgage-rate relief. The article also lists current purchase and refinance rates an... more
Oct 15, 2026 9:00 AM — Mortgage Rates
Mortgage Rates Hold Steady at 7.40%
Freddie Mac reported that the average 30-year fixed mortgage rate held steady at 7.40% for the week ending October 15, 2026, compared with 6.27% a year earlier. The 15-year fixed rate edged down to 6.71% from 6.73% the previous week, but remained above its year-ago level of 5.52%.
Oct 15, 2026 9:00 AM — Mortgage Lending
Sylvester Stallone on AI in Hollywood: 'It makes things so much easier'
Sylvester Stallone says he is exploring AI to portray younger versions of characters and tell stories about their pasts, while noting that AI is already used for de-aging in major films. The article also describes how Stallone built his entertainment business by taking on writing, directing, and producing roles, though he does not own the rights to Rocky.
Oct 15, 2026 7:22 AM — Interest Rates
Nasdaq slides to near one-month low as AI rout deepens
US stocks fell as persistent inflation data raised concerns about further Federal Reserve rate hikes and higher borrowing costs, worsening the selloff in AI-related shares. Investors shifted toward government bonds, while yields on debt issued by some AI infrastructure companies climbed to record highs.
Oct 15, 2026 7:10 AM — No relevant mortgage-related topic
What's going on with CoreWeave?
Yahoo Finance Executive Editor Brian Sozzi reviews the day's major stories, including a decline in CoreWeave stock, and previews an interview with Sylvester Stallone about Hollywood.
Oct 15, 2026 7:00 AM — Interest Rates
Wholesale prices bubbled higher in September, keeping a rate hike on the table
September producer prices rose more than expected, with the PPI up 6.3% year over year and core PPI increasing 5.0%. Higher energy and fuel costs drove much of the increase, raising concerns that inflation could spread through supply chains and prompt the Federal Reserve to raise interest rates. Businesses also reported broader cost pressures from commodities, tariffs, and insurance.
Oct 15, 2026 6:42 AM — Interest Rates
Nvidia leads chip stocks lower as AI trade takes
Chip stocks fell amid concerns about heavily indebted companies and persistent inflation. Higher-than-expected wholesale inflation raised fears that lending costs could remain elevated and affect the Federal Reserve’s next moves. Investors turned to Treasurys, pushing long-term yields lower during the session.
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