Market

Mortgage rates drop slightly again to 6.85% for a 30-year fixed rate and 6.04% for a 15-year mortgage. Despite inflation concerns, rates remain relatively stable near 7%.

Published on: February 20, 2025, 10:03 PM UTC

Natural gas boosts energy stocks as sector outperforms amid strong demand, higher prices, and increased buybacks.

Published on: February 20, 2025, 10:03 PM UTC

CFO of Walmart (WMT) aims to calm investor concerns about the company's future performance, stating that conservative guidance does not reflect a negative outlook for the economy or business.

Published on: February 20, 2025, 10:03 PM UTC

Gold surged to an all-time high near $3,000 as geopolitical risks, trade war concerns, and Trump's comments on US gold reserves fueled safe-haven demand.

Published on: February 20, 2025, 10:02 PM UTC

US stocks fell on Thursday as investors analyzed Walmart's (WMT) outlook and assessed the potential effects of President Trump's planned tariffs and policy shifts.

Published on: February 20, 2025, 10:02 PM UTC

Rivian (RIVN) reported strong Q4 results, posting a gross profit driven by cost improvements. The company projects a smaller EBITDA loss in 2024 and 2025, with vehicle deliveries between 46,000-51,000 in 2025. Rivian's partnership with Volkswagen and potential DOE loan support its growth plans. Regulatory changes, including the potential repeal of EV tax credits, remain a wildcard.

Published on: February 20, 2025, 10:01 PM UTC

A proposal to distribute taxpayer savings from Elon Musk's government spending cuts as checks of up to $5,000 to households is gaining attention, but experts cast doubt on the feasibility and economic impact.

Published on: February 20, 2025, 10:00 PM UTC

US stocks fell on Thursday as investors weighed Walmart's cautious outlook and the potential impact of President Trump's planned tariffs and policy shifts. The Dow Jones Industrial Average (^DJI) fell about 500 points, or around 1.1%. The S&P 500 (^GSPC) dropped 0.5%, coming off its second record close in a row on Wednesday, while the tech-heavy Nasdaq Composite (^IXIC) backed off about 0.5%.

Published on: February 20, 2025, 09:02 PM UTC

Gold surges to record high amid geopolitical risks, trade war fears, and US gold verification plans. Market experts predict further gains as central bank demand and speculative positioning drive prices towards $3,300 by year-end.

Published on: February 20, 2025, 09:02 PM UTC

Rivian posts Q4 results after the bell, expecting revenue of $1.386B and loss of $0.65 per share. Analysts anticipate a modest gross profit despite ongoing losses, and will be watching for updates on manufacturing, government loans, and the EV tax credit.

Published on: February 20, 2025, 09:01 PM UTC