Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Nvidia (NVDA) earnings are in focus after Federal Reserve Chairman Jerome Powell said at Jackson Hole that “the time has come” for Fed rate cuts. ↑ X NOW PLAYING Nvidia Earnings Are A Key Test For The Stock Market Rally.
Independent mortgage banks (IMBs) are finally seeing light at the end of the tunnel after two grueling, profitless years in the mortgage industry. IMBs and mortgage subsidiaries of chartered banks on average reported a pre-tax net profit of $693 on each loan they originated in the second quarter of 2024, an increase from a loss
Nervous you might own S&P 500 stocks that will get swept up in the market’s sell-off? There’s a way to see which stocks investors are most eager to bail on. ↑ X NOW PLAYING Beating The Market: How To Find Outperforming Stocks Turns out that investors are quickly trashing S&P 500 stocks like Albemarle (ALB),
Incoming Boeing CEO Kelly Ortberg probably didn’t need a reminder of what he’s walking into. Nonetheless, the troubled airplane manufacturer’s Q2 earnings, posted just before his hire was announced last Wednesday, underlined the mess he’s inherited. The company reported a loss per share of $2.90, missing analyst expectations by almost a dollar. Its core operating
Simon Property Group saw gains in the second quarter of 2024, leading the company’s leadership to believe it is in a stable position despite volatility in the stock market on Monday. The firm, which specializing in retail centers such as The Forum Shops at Caesars Palace in Nevada, reported earnings from operations of $1.09 billion
The six private mortgage insurers had the smallest year-over-year decline in new business in almost three years during the second quarter of 2024, with all underwriters coming in with similar market shares. During the quarter, the industry produced $79.8 billion of new insurance written, a 2% drop from one year ago, when they did $81.7
Dow Jones futures rose modestly Sunday night, along with S&P 500 futures and Nasdaq futures. AI tech titans Apple (AAPL), Microsoft (MSFT), Meta Platforms (META) and Amazon.com (AMZN) headline a massive week of earnings. The Federal Reserve this week is expected to signal that rate cuts are coming soon. ↑ X NOW PLAYING These Magnificent
By Beto Yarce Updated: 49 minutes ago Published: 49 minutes ago (iStock/Getty Images) President Biden’s strategy to build the American economy from the middle out and bottom up has already garnered extraordinary results. This includes an unprecedented number of applications to start businesses than our nation has ever experienced: more small business applications have been
Markets on Wall Street logged losses in early trading Wednesday as the tech sector was dragged down by some uninspiring earnings from high-profile companies. Futures for the S&P 500 slipped 0.9% before the bell and futures for the Dow Jones Industrial Average fell 0.5%. The tech-heavy Nasdaq tumbled 1.3%. Electric vehicle maker Tesla’s second-quarter net
Old National Bancorp’s earnings remained strong as it continued its expansion into the Southeast with its recent acquisition of CapStar. Adobe Stock Executives from Old National Bancorp said in an earnings call Tuesday that the bank exceeded both analyst and internal predictions for earnings in its second quarter this year because of positive net interest