Cryptocurrency exchange Gemini raised $425 million in an initial public offering, pricing its shares above the expected range, according to an announcement made late Thursday.
The new leader among S&P 500 stocks is Seagate Technology, which has risen by more than 120% so far this year. What's driving its gains, and can it continue?
The financial landscape for homeowners is experiencing a significant shift as mortgage rates continue their downward trajectory, stirring a renewed wave of interest in refinancing existing home loans. This notable decline, marking rates at their lowest levels in nearly a year, presents a compelling opportunity for countless individuals to re-evaluate
The U.S. housing market is bracing for a period of sustained elevated mortgage rates, with leading financial institutions forecasting the 30-year fixed mortgage rate to hover in the mid-6% range through the fourth quarter of 2025 and into the first quarter of 2026. This outlook, a significant shift from
The global economy is currently navigating a treacherous landscape, marked by a confluence of significant headwinds that are increasingly dictating the Federal Reserve's monetary policy path. Intensifying geopolitical tensions, a palpable resurgence of protectionist trade policies, stubbornly persistent inflationary pressures, and a general deceleration in global economic growth are the
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX)
jumped 6.5% in the morning session after the company unveiled a breakthrough deposition tool for next-generation chips used in artificial intelligence (AI) and high-performance computing (HPC).
Shares of online used car auction platform ACV Auctions (NASDAQ:ACVA) fell 4.1% in the afternoon session after a key competitor, Cox Automotive, announced a strategic acquisition that intensifies competition in the vehicle inspection market.
The global economy is bracing for a significant slowdown, with leading financial institutions projecting a challenging landscape for 2025 and the years to follow. A confluence of escalating trade tensions, persistent policy uncertainty, and tighter financial conditions is converging to paint a picture of decelerated growth, raising concerns about job
Concerns are escalating over the Federal Reserve's long-standing independence as political pressure intensifies, raising fundamental questions about the future of U.S. monetary policy and its implications for financial markets. Recent actions from the executive branch, including an attempted dismissal of a sitting Fed governor and the nomination of individuals
The United States is facing an unprecedented fiscal challenge as the cost of servicing its colossal national debt rapidly escalates. Driven by a combination of persistently high inflation and the Federal Reserve's aggressive interest rate hikes, projections indicate that interest payments on the national debt are on track to surpass
Shares of luxury furniture retailer RH (NYSE:RH) fell 4.2% in the morning session after a mixed analyst report from Wells Fargo had investors focusing on lowered earnings estimates due to tariff impacts.
Shares of online used car auction platform ACV Auctions (NASDAQ:ACVA) fell 3.8% in the afternoon session after investors continued to sell off the stock following its second-quarter 2025 earnings report, which missed analyst expectations.
Shares of restaurant company Cracker Barrel (NASDAQ:CBRL)
fell 3.6% in the afternoon session after Citigroup maintained its 'Sell' rating on the stock amid growing reports of declining food quality and customer dissatisfaction. The negative sentiment was reinforced by a Citigroup analyst who, while slightly raising the price target to $47.00, maintained a 'Sell' rating, signaling a cautious outlook.
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX)
jumped 2.8% in the morning session after Citigroup raised its price target on the stock.
Investors may need to rethink strategies as the S&P 100 reshuffle signals shift in market dynamics with Uber, Home Depot, Citigroup making unexpected moves.
