Market
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This real-estate ETF is trouncing S&P 500 in July with big gains
Stock market’s real-estate sector posts big gains in July, even as the S&P 500 stumbles with a third straight day of…
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Ford’s stock books worst drop since 2008 on warranty ‘surprise,’ EV woes
“We do not expect investors to give Ford a pass” on the carmaker’s higher-than-expected second-quarter warranty costs, one analyst said.…
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The CrowdStrike chaos will happen again. Here’s why.
As tech companies get bigger, they create more “single points of failure” that can lead to cascading catastrophes across our…
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PCE to affirm inflation is slowing — but watch out for revisions
The most critical inflation gauge in the U.S. is likely to affirm price increases are slowing, but the June report…
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Royal Caribbean CEO explains why demand for cruises remains so strong
Royal Caribbean reported Thursday quarterly profit that beat expectations and raised its full-year outlook, citing continued strong demand for cruises…
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This bond-market signal of impending recessions went on a wild ride. Here’s its message.
The spread between 10- and 2-year Treasury yields reached its least-negative level in two years on Wednesday, helped by traders’…
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Learning-management-software company Instructure to go private in $4.8 billion deal
KKR is paying $23.60 per share for the Salt Lake City-based company. Source link
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ServiceNow’s stock heads for best day since 2022 upon ‘unique’ AI traction
ServiceNow has a “solidifying position as one of the few true AI beneficiaries in software,” an analyst says. Source link
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NYCB stock drops on steeper-than-expected losses on office and multi-family loans
New York Community Bancorp’s stock fell 6% in premarket trading after the lender reported a second-quarter loss and larger-than-expected charge-offs…
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Southwest Airlines will end hallmark open seating and offer premium options as earnings top estimates
Red-eye flights, a cabin transformation and an overhaul of the company’s frequent-flyer program are also in the works. Source link
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