Microsoft is now down a third from its peak in late October. Bank of America sees the stock going to $500. Its cloud infrastructure business is clearly benefiting from AI. However, in the AI era, ...
OpenAI said it's closing Sora, the short-form video app that went viral after its launch six months ago. "We're saying goodbye to Sora," the company said in a post on X. "To everyone who created with ...
The 98th annual Academy Awards drew 17.86 million viewers on ABC and Hulu, which makes it the least-watched Oscars telecast since 2022. The number is down 9% from last year’s 19.7 million viewers, ...
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The quarter-end position value rose by $8.19 million, reflecting both new purchases and stock price appreciation. The transaction represented 2.75% of the fund’s 13F reportable assets under management ...
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Mortgage rates climb for the fourth week in a row — and they won’t drop back down until this happens
Mortgage rates climbed for a fourth straight week following the start of U.S. and Israeli strikes against Iran, and they are now touching levels last seen in September. The average 30-year mortgage ...
On Wednesday, the Federal Open Market Committee (FOMC) declined to lower the federal funds rate. The target rate has remained at a range of 3.50% to 3.75% since December 2025. Adjustments to the fed ...
President Donald Trump’s approval rating dropped below 40% in two polling averages this week, a low point for his second term, as gas prices exceeded $4 a gallon for the first time since 2022 amid a ...
When will the next bear market happen? And when it does, how long will it take to recover? Stocks most recently approached bear-market territory in April 2025, but the US managed to avoided recession ...
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