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Homebuilder Sentiment Stays Weak as Costs Squeeze Housing

Builders are still struggling to find demand US homebuilder sentiment barely improved in August as high borrowing and construction costs continued to weigh on the housing market. The NAHB/Wells Fargo Housing Market Index rose 1 point to 35, according to

Copper Spread Becomes Live Gauge of Trump Tariff Risk

A niche copper trade is now tracking White House policy The price gap between US copper futures and London prices is turning into a real-time measure of tariff expectations. The COMEX-LME spread has traditionally been used by traders, producers and

Drone Stocks Rally as US Slaps Tariffs on Foreign Parts

Drone stocks jump on new tariff protections US drone stocks rallied Friday after the White House announced new tariffs on foreign-made drones, parts and components. Unusual Machines jumped about 15%, while Red Cat gained roughly 7%. AeroVironment and Kratos also

Gold Hits Key Resistance After 6% Monthly Rally

Gold’s rebound just hit an important technical level Gold’s monthlong rally has brought prices back to one of the most closely watched levels on the chart. The metal closed Wednesday at $4,363 per ounce, below its 200-day moving average of

AI Infrastructure Stocks Surge as Compute Demand Stays Hot

AI infrastructure stocks had a big day Three major AI infrastructure companies gave investors the same message this week: demand for computing power is still running ahead of supply. Shares of Nebius, CoreWeave and Supermicro all jumped Wednesday following strong

Goldman Pays $2.25B to Double Down on Active ETFs

Goldman makes another major ETF acquisition Goldman Sachs is buying Neos Investments for as much as $2.25 billion, extending its push into actively managed exchange-traded funds. Neos manages about $30 billion across 19 ETFs, many of which use options to

Nebius Jumps 20% as AI Compute Demand Outruns Supply

Nebius beats estimates as AI cloud demand surges Nebius shares jumped more than 20% Wednesday after the AI infrastructure company beat second-quarter revenue estimates and reported a sharp increase in large customer contracts. Revenue reached $582.3 million for the quarter

Oil Tops $83 as Iran Sets Terms for Hormuz Reopening

Iran puts conditions on reopening Hormuz Oil prices moved higher Tuesday after a senior Iranian security official said the Strait of Hormuz will not fully reopen until Washington meets Tehran’s conditions. West Texas Intermediate crude rose 1.4% to $83.25 per

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