Key Points
- President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30.
- Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data.
EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says
Finance
Stocks making the biggest moves midday: Oracle, AST SpaceMobile, Revolution Medicines and more
Check out the companies making the biggest moves midday: AppFolio — The cloud-based business software provider climbed 7% after an upgrade to overweight from equal weight at KeyBanc, with a 12-month price target of $285, according to FactSet’s StreetAccount service. AST SpaceMobile — Shares in the space-based broadband cellular network dropped 6% after more than […]
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Finance
Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio
ETF Edge Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio Published Fri, Oct 17 202511:50 AM EDTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source
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Finance
Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Key Points Despite worries over bad loans at midsize U.S. banks, there’s little evidence of a systemic problem, according to Marc Pinto, Moody’s head of global private credit. “One cockroach does not a trend make,” Pinto said. Market sentiment appeared to improve Friday after a sell-off Thursday. Source
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