Elektrine
Log in Register

#cnbc

8 posts · Last used 1d

Back to Timeline
@TheBadPlace@mastodon.ozioso.online · 1d ago
US Top News and Analysis | Mortgage rates are rising again, but homebuyers are trickling back AI generated summary, Read the full article for complete information. Mortgage rates rose again last week, pushing the average contract interest rate for 30‑year fixed‑rate mortgages with conforming loan balances to 6.37% (up from 6.35%) while keeping points steady at 0.61 for loans with a 20% down payment. Total mortgage applications fell 1.6% week‑over‑week, but purchase‑loan applications increased 1% and were 21% higher than a year ago, indicating homebuyers are returning to the market as inventory improves. Refinance demand, highly sensitive to rate changes, dropped 4% for the week but remains 51% higher than the same week last year. Economists note that despite geopolitical uncertainties, buyers are moving forward this spring, and markets are awaiting Federal Reserve Chair Jerome Powell’s upcoming remarks, which could further influence mortgage rates. Read more: https://www.cnbc.com/2026/04/29/mortgage-rates-are-rising-again-but-homebuyers-are-trickling-back.html #MikeFratantoni #MortgageBankers #FederalReserve #CNBC #PropertyPlay #
0
0
0
@TheBadPlace@mastodon.ozioso.online · 2d ago
US Top News and Analysis | UBS profits rocket 80% to $3 billion for first quarter beat AI generated summary, Read the full article for complete information. Swiss bank UBS reported a first‑quarter profit of $3 billion—an 80% year‑over‑year increase that topped analyst forecasts—while its common‑equity tier 1 capital ratio rose to 14.7%. The firm said it will accelerate its share‑buyback programme, having repurchased $900 million so far and targeting $3 billion by year‑end, lifting the stock more than 5% in early trade. CEO Sergio Ermotti highlighted “very strong” results, citing double‑digit profitability growth across its equity capital‑markets and alternative‑assets units, a 54% jump in pre‑tax earnings to $3.9 billion, and net new assets of $37 billion in global wealth management and $14 billion in asset management. He warned that net interest income in wealth management and corporate banking will be broadly flat in the second quarter, though the bank sees no major dislocation in private credit. The earnings come as Swiss regulators consider extra capital requirements to prevent another Credit Suisse‑type crisis. Read more: https://www.cnbc.com/2026/04/29/ubs-swiss-bank-first-quarter-earnings-profit-switzerland-trading.html #UBS #SergioErmotti #CNBC #CreditSuisse #Switzerland
0
0
0
@TheBadPlace@mastodon.ozioso.online · 2d ago
US Top News and Analysis | A good investing lesson on parabolic stock moves in Tuesday's market downswing AI generated summary, Read the full article for complete information. In Tuesday’s market downturn, CNBC’s Investing Club highlighted how the recent pull‑back from record highs was driven by a Wall Street Journal story that OpenAI missed its revenue and user‑growth targets, sparking fears that the AI firm might lack funds for its compute commitments—a concern the company quickly refuted, noting it has raised over $122 billion recently and is reallocating resources like shutting down its Sora text‑to‑video app; with a global compute shortage and strong earnings expected from Amazon, Alphabet, Microsoft and Meta, sentiment could rebound, but the rapid sell‑off of stocks that surged on AI hype serves as a cautionary lesson that parabolic moves merit taking profits rather than chasing, while investors also await earnings reports from firms such as Starbucks, Robinhood, Visa and others, and watch for Jerome Powell’s final FOMC press conference later in the day. Read more: https://www.cnbc.com/2026/04/28/a-good-investing-lesson-on-parabolic-stock-moves-in-tuesdays-downswing.html #OpenAI #SarahFriar #SamAltman #JimCramer #CNBC #JeromePowell
0
0
0
@TheBadPlace@mastodon.ozioso.online · 2d ago
US Top News and Analysis | Jim Cramer's advice on navigating the pullback in parabolic stocks AI generated summary, Read the full article for complete information. In the CNBC Investing Club’s “Morning Meeting” recap for Tuesday, April 28 2026, Jim Cramer warned that the S&P 500’s dip from its record high—spurred by a Wall Street Journal story on OpenAI’s performance—highlights the risk of holding “parabolic” AI‑related stocks without taking profits, citing recent trims in Broadcom and Qnity Electronics and urging investors to lock in gains before a pullback. He noted that Arm Holdings, down another 8.5% after a 41% rally, may present a buying opportunity at lower levels if investors start with a modest stake. Cramer also discussed Starbucks, suggesting a quarter‑position trim amid margin concerns and a softer discretionary‑spending backdrop, and rounded out the session with rapid‑fire coverage of Coca‑Cola, United Parcel Service, General Motors and Kimberly‑Clark. Subscribers to the Investing Club receive trade alerts that precede any actions taken in Cramer’s charitable trust. Read more: https://www.cnbc.com/2026/04/28/jim-cramers-advice-on-navigating-the-pullback-in-parabolic-stocks-.html #JimCramer #CNBC #OpenAI #Broadcom #ArmHoldings
0
0
0
@TheBadPlace@mastodon.ozioso.online · 2d ago
US Top News and Analysis | Ryanair’s O’Leary warns European airlines could fail if jet fuel price doesn't fall AI generated summary, Read the full article for complete information. Ryanair chief Michael O’Leary warned that many European airlines could face “real financial difficulties” or even fail if jet‑fuel prices remain elevated through the summer. Speaking to CNBC at the Norges Bank Investment Management Conference in Oslo, he noted that Ryanair has hedged about 80 % of its fuel, insulating the carrier from the recent surge in Jet A‑1 prices—from roughly $80 a barrel in March to about $150 now after the Strait of Hormuz blockade. O’Leary said that if prices stay at this level into July, August and September, competitors lacking similar hedging will struggle, while Ryanair would benefit. He added that the airline can guarantee no price increases or fuel‑related surcharges for customers despite ongoing supply concerns. Read more: https://www.cnbc.com/2026/04/28/ryanair-ceo-oil-europe-airlines-fail-jet-fuel.html #MichaelOLeary #Ryanair #CNBC #MichaelOLeary
0
0
0
@Av8rdan@squawk.mytransponder.com · Apr 03, 2026
#CNBC has a good explainer about the actual price of a barrel of #oil and that futures prices are dead wrong: "Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis. The spot price reflects the demand for Brent oil that will be delivered in the next 10 to 30 days. The high price for more immediate oil deliveries points to the tightness of physical supply right now due to the huge disruption trigged by the U.S. war against Iran. https://www.cnbc.com/2026/04/02/dated-brent-oil-price-actual-cargo-highest-level-2008.html
0
0
0
@RememberUsAlways@newsie.social · Feb 24, 2026
#CNBC is full of prostitutes screaming this morning. They say "we've gone from market euphoria to market Armageddon." But US stocks are off to the worst start since before 1995. I smell the bordello burning. #Squawkbox #JoeKernen !
2
0
3
@Dialectician@universeodon.com · Jan 30, 2026
‘Wait and see’ Atlanta Fed President Boston on Kevin Warsh. Live. #CNBC
0
0
0

You've seen all posts