Thanks in large part to the market's rampant enthusiasm for artificial intelligence (AI) stocks, Arm Holdings (NASDAQ: ARM) stock has soared more than 210% since the start of 2026, and one firm thinks that the stock is poised to rocket even higher. This new, bullish outloo
Sui blockchain suffers another network outage as transactions grind to a halt This is the second time this year that the Sui network has suffered an outage. What to know: - Sui Network suffered a mainnet outage that temporarily stalled transaction processing, with the proj
Freddie Mac data shows 30-year fixed mortgage rates climbed for a second week, remaining below last year’s levels. US 30-year fixed mortgage rates averaged 6.53% for the week ending May 28, up from 6.51% the prior week. The increase marks the second consecutive weekly gain
Freddie Mac data shows 30-year fixed mortgage rates climbed for a second week, remaining below last year’s levels. US 30-year fixed mortgage rates averaged 6.53% for the week ending May 28, up from 6.51% the prior week. The increase marks the second consecutive weekly gain
Crude oil inventories in the United States decreased by 3.3 million barrels during the week ending May 22, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday The decrease brings commercial stockpiles to 441.7 million bar
Best Buy reports 2% rise in comparable sales Best Buy's Q1 revenue reached $8.9 billion, with adjusted EPS up 11% to $1.28. The company's results topped its earlier outlook, driven by strength in gaming, computing, and mobile. The company's domestic Marketplace GMV
Key Points - Autohome reported Q1 revenue of RMB 1.05 billion and said it is transforming from an auto media company into a broader automotive services ecosystem, with growth efforts spanning content, transactions, AI, used cars and overseas markets. - The company said mobile...<
Key Points - ATS reported fiscal 2026 revenue and adjusted earnings from operations up about 11%, but fourth-quarter bookings fell 18% year over year as the prior period included several large enterprise orders. - The company is undertaking a major restructuring of its...
KKR (KKR) Co-CEO Scott Nuttall described the alternative asset manager's exposure to private credit and its relationship with business development company FS KKR (FSK) at an industry conference this week. About $300B of KKR's roughly $750B in assets is in Newsletters for E
The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine months, another setback for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate rose to 6.53% from 6.51% last week, mortgage buyer Freddie Mac said Thursday
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