Articles

Duolingo’s stock jumps 6% on news it is joining S&P MidCap 400

Duolingo Inc.’s stock popped 6% in extended trading Wednesday following news it is joining the S&P MidCap 400.

Freddie Mac wants a new role financing homeowners sitting on equity. This group isn’t happy.

Housing giant Freddie Mac could make a $850 billion splash in the market for second-lien mortgages under a new proposal

Gold may benefit from ‘powerful tailwind’ when Fed pivots to rate cuts, says Wells Fargo

Gold has room to rise after reaching record highs this year, as a “shifting interest-rate landscape could be a particularly powerful tailwind,” according to Wells Fargo Investment Institute.

United Airlines strikes compensation deal with Boeing for Max groundings, delays

United Airlines says compensation terms stem from damages incurred in the first quarter thanks to the Boeing’s BA 737 Max 9 groundings and certification delays for the 737 Max 10 aircraft.

Las Vegas Sands profit jumps in first quarter, thanks to tourism rebound

Las Vegas Sands’ profit surged in the first quarter as post-pandemic growth at the company’s resorts continued to lift results.

Equifax says weaker mortgage demand is weighing on its business

Shares of Equifax fell after hours on Wednesday after the credit-scoring giant reported first-quarter revenue that missed expectations and said it expected a continued drop in mortgage inquiries this year, as the housing market stalls out under high home prices and interest rates.

CSX first-quarter profit declines but beats expectations

CSX shares were up in extended trading Wednesday after the railroad operator reported better-than-expected first-quarter profit.

Wall Street’s ‘fear gauge’ surges as volatility reawakens across markets

After a protracted lull, volatility across global markets has reawakened in April, sending gauges of implied volatility for U.S. stocks and bonds, as well as developed-market currencies, surging over the past week.

Silver has outperformed gold in 2024 and is on track for a 4th straight yearly supply deficit

Silver has been outpacing gold’s gain so far this year, and an annual report from the Silver Institute predicts that the global market for the metal is poised to mark a fourth straight yearly supply deficit.

Bitcoin is getting crushed by gold and silver (and even copper) in April, ahead of its halving

A weekly look at the most important moves and news in crypto.

This is Super Micro’s path to $1,500, according to the stock’s biggest bull

Does the S&P 500’s best-performing stock so far this year have another monster rally ahead of it?

Fed’s Beige Book finds steady economic growth but little progress in reducing inflation

The U.S. economy grew slightly faster in the early spring and businesses added more workers, a Federal Reserve survey found, but there was little progress in further reducing inflation.
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