Steven Alexopoulos of TD Cowen believes AI created a huge buying opportunity for his bank picks, like JPMorgan, not seen since the Great Financial Crisis.
Month: July 2025
House Republicans race to pass Trump’s megabill amid GOP divisions
Speaker Mike Johnson can lose just three members’ votes and still pass the bill in a party-line vote. But more than a dozen Republicans are […]
Microsoft laying off about 9,000 employees in latest round of cuts
Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.
Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop
Tesla reported another year-over-year decline in vehicle deliveries as the company faces increased competition from lower-cost rivals.
Homeowner’s insurance premiums vary widely from state to state. But they are all going up
Homeowner’s insurance premiums are going up as increasingly severe storms and other disasters, combined with rising housing costs, are pushing rates higher.
Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop
Tesla reported another year-over-year decline in vehicle deliveries as the company faces increased competition from lower-cost rivals.
What Wall Street has to say about the horrid June private payrolls report
ADP’s latest surprise report was not on anyone’s bingo card.
Microsoft laying off about 9,000 employees in latest round of cuts
Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.
The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says
Economists polled by Dow Jones forecasted an increase of 100,000 for the month.
Mortgage refinance demand surges, as interest rates drop further
Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.