Here’s why GM’s stock is having its worst day in over a year
The automaker lowered its fullyear profit expectations as it plans to pause some truck production. Source:MarketWatch
Pending home sales sink to 25-year low as buyers flee high mortgage rates
Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30year…
Money-saving tips to cope with higher prices — from our readers
I asked people what they’re doing to make life more affordable today. I’ll definitely be trying some of these. Source:MarketWatch
Salesforce gets a chilly investor response to a $6 billion deal at a 58% premium
Salesforce said on Tuesday that it is making a nearly $6 billion acquisition at a 58% premium, but Wall Street’s response was frosty. Source:MarketWatch
Meet the college students trying to reverse an obscure ban on trading onion futures
In the U.S., investors can legally trade futures contracts tied to all sorts of commodities, from pork bellies to oil to the computing power needed to power…
Meta is back on offense — and its next move could signal higher AI spending across Big Tech
Meta could be the first major tech company this earnings season to foreshadow higherthanexpected AI costs for next year. Source:MarketWatch
What happens to Wall Street if CoreWeave defaults? JPMorgan checked the math.
Call it a sign of the times: A JPMorgan analyst is looking into the exposure banks will have if CoreWeave defaults on its debts. Source:MarketWatch
The AI boom is getting all the attention. We’re about to find out how the rest of the economy is holding up.
Earnings season shifts into higher gear, with fresh clues about consumer spending and the health of corporate America beyond the tech sector. Source:MarketWatch
Why smaller stocks face worse prospects than the S&P 500 in the coming years
The Value Line Median Appreciation Potential has a good record forecasting smaller stocks’ returns. And the next four years look bearish. Source:MarketWatch
Strategist Tom Lee says he’s buying the AI stock dip, and Cisco holds the key
Strategist Tom Lee says investors should not shrink from the pullback in stocks surrounding AI investment fears. He points to Cisco’s history as one reason to…
My unmarried partner of 17 years left me his $1.1 million home. His three children are livid. Should I share my inheritance?
“I never paid rent, although I put about $45,000 toward a new kitchen and a roof.” Source:MarketWatch
South Korean IPO flop is the latest in a string of disappointments for the global AI trade
October alone has witnessed the shelving of three separate flotations planned for datacenter providers, backed by AI powerhouses like Nvidia, Blackstone and…