Homebuilder stocks fell on Monday after a closely watched housing sentiment index broke a four-month streak of gains amid high mortgage rates. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) stayed at 51 in April, unchanged from March. To be sure, any number over 50 indicates that more builders view conditions […]
A slate of major Wall Street firms has begun coverage of Reddit — and some of them see the stock’s gains moderating from here. The social media company, which made its stock market debut on March 21, popped 48% on its first day and closed at $50.44. As of Friday’s close, Reddit has gained more than […]
Few college admission cycles have been as hard on students as this one. National College Decision Day — the deadline most schools set to decide on a college — is just two weeks away. But many college hopefuls are still unsure of where they stand financially, as problems persist with the new Free Application for Federal Student Aid. […]
Rows of new Tesla cars are seen in a holding area near a customer collection point on April 15, 2024 in London, England. Leon Neal | Getty Images Tesla executives Drew Baglino and Rohan Patel announced Monday they are leaving the electric vehicle maker and clean energy company. CEO Elon Musk thanked both departing execs […]
Fool.com contributor Parkev Tatevosian highlights what has attracted this successful investment manager to these two growth stocks. *Stock prices used were the afternoon prices of April 12, 2024. The video was published on April 14, 2024. [embedded content] Should you invest $1,000 in Alphabet right now? Before you buy stock in Alphabet, consider this: The […]
(Bloomberg) — The combination of strong US growth and sticky inflation is raising the odds the Federal Reserve hikes rather than cuts interest rates, bringing borrowing costs to as high as 6.5% next year, according to UBS Group AG strategists. Most Read from Bloomberg While the bank’s base case is for two rate cuts this […]
File by the deadline to avoid penalties, interest While April 15 is the federal deadline for most taxpayers, filers in Maine and Massachusetts have until April 17. There are also automatic extensions for some taxpayers impacted by natural disasters. But if you skip the tax filing deadline and owe a balance, you can expect IRS […]
People pass by the Salesforce Tower and Salesforce.com offices in New York City on March 7, 2019. Brendan McDermid | Reuters Salesforce stock fell 5% Monday after reports over the weekend that the cloud software company is in advanced talks to buy data-management firm Informatica. Shares of Informatica dropped 9% Monday following the reports. The […]
People pass by the Salesforce Tower and Salesforce.com offices in New York City on March 7, 2019. Brendan McDermid | Reuters Salesforce shares fell more than 6% on Monday after reports over the weekend that the cloud software company is in advanced talks to buy data-management firm Informatica. Shares of Informatica, which has a market […]
Joos Mind | Photodisc | Getty Images Particle Health said on Monday that the “vast majority” of its customers are still receiving records from medical software giant Epic Systems despite an ongoing dispute between the two companies over data-sharing practices. Epic’s software supports more than 300 million patient records, and Particle acts like a middleman […]
Rivian Automotive (NASDAQ: RIVN) shares have been in a free fall recently. That continued today as seemingly bad news from electric vehicle (EV) makers continued to be released. Even though there hasn’t any real negative news out of Rivian itself, shares have plunged by more than 50% in the last three months. Today’s drop seems […]
Check out the companies making headlines in midday trading. Tesla — Shares fell 2.8% after an internal memo said the electric vehicle maker is planning to lay off more than 10% of its global workforce . “As we prepare the company for our next phase of growth, it is extremely important to look at every […]
