Shares of Intel are jumping more than 7% in premarket trading following a report that TSMC has approached U.S. chip designers Nvidia, Advanced Micro Devices, and Broadcom about forming a joint venture to own and run the chipmaker's foundry division.
(Bloomberg) -- Investors in the Treasury market look surprisingly unconcerned about price pressures ahead of a key report on US inflation on Wednesday, with focus instead on the outlook of US growth.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsWhere New York City's Zoning Reform Will
Investors are wary about worrisome market signs, after a steep U.S. stocks selloff that has wiped out more than $4 trillion in value and all of the gains notched following President Donald Trump's election. Among the signs are technical signals such as the S&P 500 on Monday closing below a crucial trend line, a key measure of the market's internals weakening, a concerning pattern in volatility futures contracts, rising cash levels among investors and de-leveraging by hedge funds away from equities. U.S. equities experienced a punishing drop this week, with the S&P 500 briefly falling into correction territory on Tuesday as uncertainty over Trump's tariffs exacerbated worries about economic growth.
(Bloomberg) -- The upcoming inflation data will have a stronger-than-usual impact on the US stock market which is already on the verge of correcting, according to JPMorgan Chase & Co. and Goldman Sachs Group Inc.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsWhere New York City's Zoning
These are today's mortgage and refinance rates. Factors like inflation, jobs, and politics are contributing to mortgage rate decreases. Lock in your rate today.
Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen their prices punished recently. After rising to nearly $69 billion in market cap in late 2024, Doge's market cap is now less than $25 billion, and Shiba Inu's price is down more than 60% during the past 12 months. If Dogecoin and Shiba Inu were worth buying the dip, they would need to meet several criteria as part of their investment theses.
Unhappy days are here again for Bitcoin (CRYPTO: BTC) owners. The cryptocurrency's price has plunged roughly 24% after hitting an all-time high earlier this year. Could buying Bitcoin right now set you up for life?