Uber shares leap after very first-quarter revenue beats anticipations. Here is what the experts have to say
Finance
Stocks making the biggest moves midday: Penn Entertainment, Metsera, Six Flags & more
Check out the companies making the biggest moves midday: TreeHouse Foods — The food processor rallied 23% after announcing it’s being bought by European investment group Investindustrial for $22.50 per share in cash. That represents an 18% premium from Friday’s close. The deal values TreeHouse at nearly $3 billion. Tech stocks — Names tied to […]
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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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Finance
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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