Finance
Trump proposes 50-year mortgage, but some say homeowner savings would be minimal
watch now VIDEO3:2703:27 President Trump floats 50-year mortgage: Here’s how it could work Squawk on the Street In another attempt to make homebuying more affordable, President Donald Trump floated the idea of a 50-year mortgage in a social media post. In response, Federal Housing Finance Agency director Bill Pulte, who oversees Fannie Mae and Freddie […]
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Jim Chanos unwinds Strategy short as stock’s bitcoin premium collapses after 50% sell-off
Famed short seller Jim Chanos closed his closely-watched wager pitting Strategy against bitcoin , saying the valuation gap that once made the trade so compelling had largely vanished. Chanos said Saturday in a social media post on X that as of Friday’s market open he had unwound his pair trade of shorting Strategy and going […]
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Stocks making the biggest moves premarket: American Airlines, Diageo, Palantir & more
Check out the companies making headlines before the bell : MP Materials — The rare earth mine operator rose 3% after a Deutsche Bank upgrade to buy from hold. The bank highlighted MP as a buying opportunity for investors looking for exposure to rare earths. Palantir — Shares of the defense technology stock popped 3%. […]
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Too early to bet against AI trade, State Street suggests
ETF Edge Too early to bet against AI trade, State Street suggests Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source
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Fed’s Miran says stablecoin surge could help push interest rates lower
Key Points Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower. “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York. Source
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Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more
Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]
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Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after a monthslong surge. “The Nasdaq’s gone up 40% off the bottom in April. The market was kind of looking for a reason for a breather,” Gerstner said on CNBC’s ” Money Movers .” “This week, […]
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$1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger
ETF Edge $1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger Published Fri, Nov 7 202510:05 AM EST Krysta Escobar WATCH LIVE Source
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Stocks making the biggest moves premarket: Opendoor, Affirm, Airbnb, Sunrun, Peloton & more
Check out the companies making headlines before the bell : Airbnb — The vacation rental platform saw shares rise about 4% after the company reported a revenue beat for the third quarter and hiked fourth-quarter revenue forecast. Earnings per share for the latest quarter came in below an LSEG estimate, however. Affirm — The fintech […]
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