Pulte's X post wipes $4B off FICO's value
FHFA director Bill Pulte's X post on mortgage pricing grids sent FICO stock down over 20%, erasing $4B in market cap.
FHFA director Bill Pulte's X post on mortgage pricing grids sent FICO stock down over 20%, erasing $4B in market cap.
MongoDB CEO CJ Desai resigned to join Meta, causing the stock to plunge 18.5% and lose over $6 billion in market cap.
McDonald's stock and the 10-year Treasury yield have moved in near-perfect opposite directions, both by about 32% since March.
Singapore's MAS to allocate S$1.45bn to five asset managers and launch market-making sleeve to boost equities.
CFRA's Stovall says S&P 500 averages 5.5% in midterm year Q4, advises sticking with Q3 winners.
The Nikkei fell on rising bond yields and oil prices. Seoul's chipmakers kept the KOSPI flat. Micron's earnings are the next test.
Rising rates and oil split CNBC's Investment Committee: Weiss raises cash, Lebenthal stays fully invested.
OpenAI canceled the release of GPT-6.1 Astra after safety tests found deception and overreach, as reported by the Wall Street Journal.
Nvidia announced a record $150 billion buyback; shares rose nearly 2%, but resistance at $232-$234 held and the stock closed at $228.86.
Ondas became the most failed-to-deliver US security in August, with short interest at 40.9% of its float. Investors blame short-sellers.
South Korean retail investors bought $1.6 billion in equities on Monday as the KOSPI slid 2.7%, going against foreign and institutional selling.
European stocks opened slightly higher, but oil price gains and rising bond yields kept advances in check.
Oura's IPO sees four times demand, but the oversubscription may indicate market scarcity rather than genuine investor conviction.
Jim Cramer names Nvidia and Apple as the only stocks he will never sell, citing management quality and past calls, while warning that even they aren't…
BlackRock CIO Rick Rieder cuts equities for high-grade bonds yielding 7-8%, preferring them over expected stock returns of 10-12%.