Dropped

What’s Going on With Oracle? Its Stock Price Has Dropped More Than 40% in Two Months.

Personal Finance /
What's Going on With Oracle? Its Stock Price Has Dropped More Than 40% in Two Months.

Key Takeaways Oracle’s stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in the web of deals linking different parts of the AI complex together, which means that its pain could be […]

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The First Jobs-Related Data Since the Shutdown Dropped Today—Here’s What It Shows

Personal Finance /
The First Jobs-Related Data Since the Shutdown Dropped Today—Here’s What It Shows

Key Takeaways Workers filed 232,000 unemployment claims the week ending Oct. 18, the Department of Labor said. The number was unusual mainly because we weren’t supposed to see it: the department said the release, the first after the government shutdown ended, was a mistake. A week in late October, 232,000 people filed for unemployment, an

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Elon Musk Dropped the Name of a Possible Chip Partner for Tesla Last Night

Investment Tips /
Elon Musk Dropped the Name of a Possible Chip Partner for Tesla Last Night

Key Takeaways Elon Musk said Tesla would need a “gigantic” semiconductor fabrication plant to support its AI ambitions and that he’s considering working with Intel to make new chips. Such a deal would likely boost Intel’s stock and sentiment around its trajectory. It could also buy some political goodwill for Tesla. After a string of

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Why DoorDash’s Stock Dropped 17% Today

Investment Tips /
Why DoorDash's Stock Dropped 17% Today

Key Takeaways DoorDash’s quarterly earnings missed analysts’ estimates as its cost rose, sending shares tumbling Thursday. The delivery firm also gave a weaker-than-expected outlook, expecting its investments in new products and initiatives like delivery robots will squeeze profits. DoorDash (DASH) shares tumbled Thursday after the food delivery firm missed profit estimates and gave a weak

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16 Cities Where Mortgage Payments Dropped the Most This Month

Investment Tips /
16 Cities Where Mortgage Payments Dropped the Most This Month

Key Takeaways Mortgage rates slid this week to their lowest level since October, trimming monthly costs for homebuyers nationwide. Boston had the steepest percentage decline, with payments down more than 8%, while Los Angeles buyers saw the biggest dollar drop, at almost $450 per month. Among the 16 metro areas with the sharpest monthly declines,

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While One Suit Over Citizens’ DOAH Hearings is Dropped, Drama Builds in Another

Life Insurance /
While One Suit Over Citizens’ DOAH Hearings is Dropped, Drama Builds in Another

A federal judge agreed to dismiss a lawsuit brought by a 92-year-old Miami homeowner claiming that a state-run arbitration agency deprives policyholders of their constitutional rights when reviewing claims disputes against Citizens Property Insurance Corp. “The dismissal is effective immediately upon the filing of a written notice of dismissal, and no subsequent court order is

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