Financial incentive The main reason a borrower could be motivated to claim a primary residence on a mortgage application is to get a lower interest rate for that home. Typically, mortgages for a primary residence have lower interest rates and homeowner’s insurance costs, said Keith Gumbinger, vice president of mortgage website HSH. Mortgage interest rates…
Nvidia delivered a better-than-expected quarterly results Wednesday night, but a few blemishes in the report — at least in the eyes of the market — has shares of the leading AI chipmaker falling in extended trading. That’s all some investors need to book profits in a stock that’s nearly doubled off its April lows. Revenue…
Ryosei Akazawa, Japan’s economic revitalization minister, speaks to members of the media at the Japanese embassy in Washington D.C. on June 6, 2025. Bloomberg | Bloomberg | Getty Images Japan’s top trade negotiator Ryosei Akazawa canceled a trip to the United States on Thursday over issues related to the U.S.-Japan trade deal. In a statement,…
Pro-Palestinian demonstrators hold banners and signs as they protest outside the Microsoft Build conference at the Seattle Convention Center in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images Microsoft on Thursday said that it had terminated two employees who broke into President Brad Smith’s office earlier this week. The news…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) -Heading into Nvidia’s report, the market leans closer to hope than fear, the majority of stocks green, the big-cap indexes holding at record highs and little concern being registered about potential economic and…
Traders work on the floor of the New York Stock Exchange during morning trading on August 26, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures fell on Wednesday evening as investors weighed Nvidia’s latest quarterly results. S&P 500 futures traded 0.3% lower, and Nasdaq 100 futures slipped nearly 0.5%. Meanwhile,…
As investors digested the highly-anticipated earnings report from Nvidia, CNBC’s Jim Cramer rejected the notion of a looming artificial intelligence bubble, saying the massive AI spend across Big Tech is worthwhile. “I don’t care about the seemingly sky-high market capitalization that these stocks have. I’m simply trying to put a valuation on a company that…
Workers from Chinese electric vehicle (EV) company NIO inspect vehicles in the final quality control area on the automated production line at the companys manufacturing hub on January 17, 2025 in Hefei, China. Kevin Frayer | Getty Images News | Getty Images The speed and scale of China’s electric vehicle revolution has caught the world…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. Nvidia Nvidia posted better-than-expected earnings…
Nvidia’s closely watched earnings report showed weaker-than-expected sales at its data center business, though the stock’s pullback in extended trading may prove short-lived with investors still believing in the artificial intelligence trade. The chipmaker beat Wall Street’s expectations for fiscal second-quarter earnings and gave a stronger current-quarter revenue forecast than anticipated. But shares tumbled in…
