Reported 14 days ago
As the holiday season approaches, many millennials face financial challenges due to rising costs and spending pressures. Key mistakes include not setting an early holiday budget, over-reliance on buy now, pay later services, and failing to maximize credit card rewards. By budgeting carefully and using credit strategically, millennials can avoid debt and focus on creating memorable holiday experiences without financial regrets.
Source: YAHOO
Reported 14 days ago
HBAR experienced significant volatility in a 24-hour trading window, with prices oscillating between $0.176 and $0.185. Initial profit-taking led to a decline, followed by a brief recovery on October 16, when trading volumes surged. However, a sudden bearish shift occurred as sell pressure overtook support levels, causing HBAR to drop sharply. Analysts suggest this indicates a cautious sentiment among institutional investors as they navigate the volatility in the blockchain market.
Source: YAHOO
Reported 14 days ago
Jack Dorsey, the co-founder of Twitter and Block, Inc., responded to Elon Musk's recent endorsement of Bitcoin, which highlighted its value compared to fiat currency. Dorsey's concise reaction was simply 'yes', indicating his agreement with Musk's views on Bitcoin and affirming their shared belief in the cryptocurrency's potential despite controversies surrounding its energy consumption.
Source: YAHOO
Reported 14 days ago
The US Trustee has joined creditors in demanding an independent investigation into First Brands Group, an auto-parts supplier that is unable to account for $2.3 billion related to off-balance sheet financing. Allegations of fraud and misconduct have led to calls for a swift appointment of a bankruptcy examiner to scrutinize the situation, which will ultimately be reviewed by US Bankruptcy Judge Christopher M. Lopez. The company recently filed for Chapter 11 with over $10 billion in liabilities, raising concerns among Wall Street firms about their exposure.
Source: YAHOO
Reported 14 days ago
Source: INVESTORS
Reported 14 days ago
Crude oil prices slipped today as U.S. EIA reported an unexpected rise in crude inventories, alongside record high U.S. crude production. Although prices initially increased due to a weaker dollar and supportive sanctions on Russia, market concerns over a potential global supply increase driven by Iraq and trade tensions with China have impacted the outlook. The mixed results from the EIA inventory report further contributed to the decline, with crude inventories rising by 3.52 million barrels, contrary to expectations.
Source: YAHOO
Reported 14 days ago
Papa John's (PZZA) has recently seen its stock rise 25% due to positive earnings and a boost in food delivery trends, although its one-year performance remains down by 2%. The company reported Q2 2025 revenues of $529.2 million, beating expectations, even as net income decreased to $10 million. Amidst rumors of a $64-per-share acquisition offer from Apollo Global Management that signals a potential 20% upside, analysts rate PZZA stock as a 'Moderate Buy' with a price target of $50.70, indicating a mixed outlook for investors.
Source: YAHOO
Reported 14 days ago
Despite a generally strong performance among the 'Magnificent Seven' stocks, Amazon and Apple are among the few that have seen declines this year, with Amazon down 1.7% and Apple down 0.4%. Amazon is showing signs of recovery, particularly from its cloud-hosting business, while Apple is struggling to achieve significant growth. Analysts predict a potential rebound for Amazon if it can deliver positive quarterly results, whereas Apple faces continued challenges as it nears a fifth year of stagnant sales growth.
Source: YAHOO
Reported 14 days ago
Source: INVESTORS
Reported 14 days ago
Source: INVESTORS
Reported 14 days ago
Q3 earnings will be critical for the AI sector as analysts debate the potential for an AI bubble. With companies like OpenAI still unprofitable but striking significant deals, the success of this earnings season is vital for maintaining investor confidence. If growth expectations are not met, the AI stocks and the broader market may face significant corrections.
Source: YAHOO
Reported 14 days ago
Source: BARRONS
Reported 14 days ago
The crypto market experienced another significant sell-off on Thursday, with many altcoins plummeting by double digits while Bitcoin (BTC) and Ethereum (ETH) tested critical support levels. Traders remain cautious following a previous $500 billion drop, with negative funding rates indicating bearish sentiment among short-position holders. Despite the turmoil, the BTC options market shows a bullish inclination as traders anticipate potential price increases. Overall, the market is currently under heavy selling pressure, particularly affecting altcoins, as liquidity remains low.
Source: YAHOO
Reported 14 days ago
Truist Financial is set to release its Q3 2025 earnings on October 17, with strong demand for commercial, industrial, and consumer loans driving growth. The bank's net interest income is expected to increase, supported by relatively stable interest rates despite a recent Federal Reserve rate cut. Analysts project a 1.9% year-over-year rise in net interest income to $3.67 billion, with overall lending and non-interest income contributions anticipated to help the bank perform well in the quarter.
Source: YAHOO
Reported 14 days ago
Source: YAHOO
Reported 14 days ago
JPMorgan Chase is set to distribute a $20 billion debt financing package for the leveraged buyout of Electronic Arts Inc. by involving around 15 banks in the underwriting group. This move aims to mitigate risks for JPMorgan, which will retain 40% of the deal, while banks will acquire roughly 10% each. The financing is expected to be sold in the leveraged loan and high-yield bond markets in early 2026, structured to include various loan and bond components.
Source: YAHOO
Reported 14 days ago
The USDA has issued a warning that food stamp funds will run out next month if the partial government shutdown continues, potentially impacting 42 million individuals who rely on the Supplemental Nutrition Assistance Program (SNAP). While benefits for October are secure, states have begun halting new applications due to funding insecurities for November. Agriculture Secretary Brooke Rollins highlighted that millions of vulnerable families could be left without food assistance if the shutdown persists, which is now entering its second week with no resolution in sight.
Source: YAHOO
Reported 14 days ago
Palantir (PLTR) has seen a significant increase of 330% over the past year, supported by strong fundamentals and positive tech sector sentiment. Despite Cathie Wood's Ark Invest recently selling some shares, they still hold substantial value in PLTR. With solid revenue growth projections and a strong market position, analysts suggest maintaining a 'Hold' status on PLTR stock, although some see potential upside for long-term investors.
Source: YAHOO
Reported 14 days ago
Upgrade Inc., a financial-technology startup, has raised $165 million in funding, enhancing its valuation to over $7.3 billion as it prepares for a potential IPO in the next 12 to 24 months. Led by Neuberger, the funding will provide financial support for the company's growth and liquidity for employees. Founded in 2017, Upgrade focuses on extending credit to mainstream U.S. consumers and has issued more than $42 billion in credit to over 7.5 million customers.
Source: YAHOO
Reported 14 days ago
Source: INVESTORS
Reported 14 days ago
The average rate on a 30-year U.S. mortgage has decreased to 6.27%, edging closer to its lowest point for 2025, according to Freddie Mac. This rate marks a decline from 6.3% the previous week and 6.44% a year ago. Borrowing costs are also dropping for 15-year fixed mortgages, now at 5.52%. Influenced by the Federal Reserve’s interest rate policies, mortgage rates have been on a downward trend since July. Despite expectations of future rate cuts, experts caution that rates may not fall significantly, potentially leading to higher home prices for buyers who delay their purchases.
Source: YAHOO
Reported 14 days ago
Source: BARRONS
Reported 14 days ago
Source: YAHOO