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Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.
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Stocks have rarely been this expensive versus bonds. Now, UBS expects that to change.
Stocks are now expected to weaken versus bonds, argue UBS strategists.
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Amazon ‘has never been stronger.’ So why isn’t its stock getting more love?
Amazon’s stock has trailed the S&P 500 over three months, owing in part to concerns about operating income and margin compression. Will Thursday’s earnings alleviate fears?
30 de outubro de 2024
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Wall Street is entering its best 6 months of the year. Why the stock-market rally has more room to run.
The U.S. stock market is about to enter historically its best six months of the year, after defying the popular Wall Street adage to “sell in May and go away” with strong gains.
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Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses
30 de outubro de 2024
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Bond yields dip ahead of U.S. GDP and jobs data
Treasury yields continued to retreat from recent highs as investors awaited an update on how the U.S. economy fared in the third quarter
30 de outubro de 2024
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‘Am I a monster for keeping this to myself?’ I bought a house with my boyfriend, but didn’t reveal I have $50,000 in investments. Do I come clean?
“I could have cashed out my investments to get us closer to a 20% down payment.”
30 de outubro de 2024
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J. Lo and Ben Affleck: Why it’s taking so long to sell their $68 million home with 24 bathrooms
Lots of attention has done little to attract a buyer. The Beverly Hills estate has now sat on the market for 100 days.
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UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse
30 de outubro de 2024
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Global gold demand tops $100 billion for first time ever in third quarter
Global gold demand climbed to a third-quarter record high, with the value of demand for the precious metal topping $100 billion for the first time ever, according to a report from the World Gold Council released Wednesday.
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AMD could still be a sleeper against Nvidia, but Wall Street isn’t yet convinced
Advanced Micro Devices Inc. executives made some bold statements about the company’s underdog AI accelerator chip Tuesday, and said it is ready to take the spoils from rival Nvidia Corp.
29 de outubro de 2024
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Kaboom! Elon Musk predicts ‘hardship,’ economic turmoil and a stock market crash if Trump wins.
Musk’s agenda is like your new family doctor promising a major dose of brutal chemotherapy when you are perfectly healthy and cancer-free.
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Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.
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Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.
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Looking for a job on LinkedIn? AI could be reading your profile — and recommending it to recruiters.
The professional networking site is debuting a new AI-powered hiring tool that can sort, rank and message potential candidates for recruiters.
29 de outubro de 2024
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Snap shares rise after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 million.
29 de outubro de 2024
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Visa gets a boost from higher payment volumes and transactions
Shares of Visa Inc. rise more than 2% in the extended session Tuesday as company sees “stable growth” across its business.
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Chipotle sales trends come up short, and stock falls
Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.
29 de outubro de 2024
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Here’s a sign that profit growth for America’s biggest companies might be about to take off
Corporate executives are dropping hints that the pace of profit growth could be poised to take off in 2025, according to a team of analysts at Bank of America Global Research.
29 de outubro de 2024
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7% mortgage rates are a warning about who will win the election, economist says
Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy
