What Happened Mortgage demand weakened again last week, even as rates edged slightly lower. Total application volume fell 0.8% from the prior week, according to the Mortgage Bankers Association. The average contract rate on a 30-year fixed mortgage with conforming
What Happened One of the most important bottlenecks in the AI chip race is no longer just chip fabrication. It is advanced packaging — the step where multiple chip components are connected, protected, and assembled into the final high-performance systems
What Happened U.S. stocks moved sharply lower on Tuesday as President Trump escalated his rhetoric toward Iran ahead of a deadline for Tehran to reopen the Strait of Hormuz. The S&P 500 fell 1.1%, while the Dow Jones Industrial Average
What Happened UnitedHealth Group (UNH) and other major health insurers rallied on Tuesday after the Centers for Medicare & Medicaid Services, or CMS, said it would increase payments for Medicare Advantage plans next year. The agency said payments to insurers
What Happened Broadcom (AVGO) shares climbed more than 3% in early trading after the company announced two major AI-related agreements tied to Google and Anthropic. The stock outperformed a weaker broader market, which was under pressure from renewed geopolitical tension
What Happened U.S. stocks rose on Monday as oil prices fell, with markets responding to cautious signs that the latest Middle East escalation could still move toward a temporary pause. The S&P 500 and Dow Jones Industrial Average each gained
What Happened Oil flipped from gains to losses as traders weighed two competing forces at once: a reported push for a Middle East ceasefire and a fresh ultimatum from President Donald Trump for Iran to reopen the Strait of Hormuz.
What Happened Ford opened 2026 with a weak first quarter, reporting 457,315 U.S. vehicle sales, down 8.8% from a year earlier. That followed a soft quarter from GM, which reported 626,429 U.S. deliveries, down 9.7%. Both companies said the comparison
Primorsk Takes A Direct Hit Russia’s Baltic Sea port of Primorsk, one of its largest oil export gateways, lost at least 40% of its storage facilities after Ukrainian drone attacks last month, satellite images showed. The damage matters because the terminal is built
Tesla (TSLA) opened 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and tougher global competition continued to pressure its core electric vehicle business. The stock fell more than 4% after the update, extending
What Happened Mortgage demand weakened again last week, even as rates edged slightly lower. Total
What Happened One of the most important bottlenecks in the AI chip race is no
What Happened U.S. stocks moved sharply lower on Tuesday as President Trump escalated his rhetoric
What Happened UnitedHealth Group (UNH) and other major health insurers rallied on Tuesday after the
What Happened Broadcom (AVGO) shares climbed more than 3% in early trading after the company
What Happened U.S. stocks rose on Monday as oil prices fell, with markets responding to
What Happened Oil flipped from gains to losses as traders weighed two competing forces at
What Happened Ford opened 2026 with a weak first quarter, reporting 457,315 U.S. vehicle sales,
Primorsk Takes A Direct Hit Russia’s Baltic Sea port of Primorsk, one of its largest oil
Tesla (TSLA) opened 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as
