Hill Street Studios | Digitalvision | Getty Images Housing affordability challenges are weighing on not only would-be buyers, but also on a growing share of existing homeowners, new data suggests. Late-stage mortgage delinquencies — those with payments at least 90 days past due — rose 18.6% in December from a year earlier, according to new…
JPMorgan believes that accelerating cloud adoption and artificial intelligence integration could boost shares of Autodesk . The bank upgraded the design software maker to overweight from neutral. JPMorgan’s newly established target price of $319 implies that shares of Autodesk could rise 26% from here. Analyst Alexei Gogolev applauded Autodesk’s modern technology stack, calling it the…
Check out the companies making headlines before the bell. Oracle — The software giant traded more than 3% higher, reversing an earlier decline. Oracle on Sunday announced a plan to raise up to $50 billion to increase AI capacity for its customers. A TD Cowen analyst also predicted the firm would consider layoffs ease free…
Data center giant Oracle‘s stock took a 3% hit in early premarket on Monday, after the company announced plans to raise up to $50 billion to develop additional capacity for customers, and an analyst said the company was considering laying off thousands to free up cash flow. Hyperscalers have scrambled to build the infrastructure needed…
PUNXSUTAWNEY, Pa. — Tens of thousands of people are gathering for Punxsutawney Phil, a groundhog that lives in a tree stump, to predict if the already long and cold winter across much of the United States will go on for another six weeks or if an early spring is around the corner. The meteorological marmot’s…
David Stearns dismantled the Mets in December. Facing extreme levels of discontent and pressure, the team’s president of baseball operations was confident he had the time and resources to retool the team into a winner. After weeks of questions and uncertainty about whether he would be able to pull it off, this was the week…
Devon Energy’s Jackfish Projects processing plant in Alberta, Canada. Jimmy Jeong | Bloomberg | Getty Images U.S. shale producers Devon Energy and Coterra Energy are set to merge in a $58 billion all-stock deal to create one of the largest independent shale producers in the country, the companies said on Monday. A merger between Devon…
Walt Disney Co. signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, Sept. 29, 2025. Michael Nagle | Bloomberg | Getty Images Disney reported quarterly revenue and earnings on Monday that topped analyst expectations, lifted by its theme parks, resorts and cruises segment. The experiences unit reported…
Nvidia President and CEO Jensen Huang speaks to the media as he arrives for a meeting with the Senate Banking Committee on Capitol Hill on December 3, 2025 in Washington, DC. Anna Moneymaker | Getty Images Nvidia’s stock fell in premarket trading Monday after reports emerged that the chipmaker’s plans to invest $100 billion into…
SEOUL, South Korea — South Koreans celebrated on Monday as “Golden,” from the Netflix animated film “KPop Demon Hunters,” claimed K-pop’s first Grammy Award, a milestone that critics say highlights the genre’s global appeal and signals broader acceptance in the American mainstream. The win for best song for visual media capped a highly visible night…
