Its dog eat dog in the ranks of the FHFA and Fannie Mae & Freddie Mac. The question is, does anyone care, or is anyone surprised? We want to follow the law, right? Everyone knows that the Trump Administration fired the Inspector General and Fannie’s ethics staff. Now the Wall Street Journal reports that, “Fannie […]
Non-QM, Broker, AMC, LO Survey Results; Warehouse Tools; Webinars and Training Read More »
Analysts’ projections of slower growth and smaller underwriting margins ahead for personal auto insurers started to play out ever so slightly in third-quarter results of two giant auto insurers this week. Both Progressive and GEICO reported higher personal auto combined ratios in the third quarter and first nine months of 2025, when compared to the
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth Read More »
The reinsurer reported nine-month net income was up 7.7% to €2bn Related Stories Jamaica cat bond will pay out in full, World Bank says Daily Digest: Re/insurers warn of climate tipping point, UK Club demands rate hike, IGI’s Jabsheh on reinsurance UN forum proposes insurance taskforce for climate talks
Hannover Re ups earnings guidance on 9M results Read More »
Key Takeaways A growing number of large clients, and demand from AI customers helped Datadog beat quarterly earnings and revenue forecasts, sending shares higher Thursday. The cloud-based monitoring and security platform also lifted its full-year outlook. Datadog (DDOG) shares soared Thursday after the cloud-based monitoring and security platform posted quarterly results that topped analysts’ estimates
Datadog’s Stock Jumps 23% After Earnings. Its Results Got a Boost From AI Customers Read More »
Stock futures pointed mostly lower Wednesday, the record-breaking 36th day of the U.S. government shutdown, after major indexes dropped yesterday on concerns about an AI bubble. Futures associated with the tech-heavy Nasdaq and benchmark S&P 500 were down 0.3% and 0.2%, respectively, while those affiliated with the blue-chip Dow Jones Industrial Average were little changed. Given the freeze on
Catch up on the essential news and analysis from the Insurance Day experts Related Stories Daily Digest: Scor shares tumble, Axis CEO on US casualty rates, Melissa insured losses in the billions Axis CEO: US casualty portfolio still rate adequate SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’
Daily Digest: Scor shares tumble, Axis CEO on US casualty rates, Aon Q3 results Read More »
Amazon Stock Pops as Earnings Top Estimates, Driven by AWS Growth 40 minutes ago Amazon (AMZN) shares were soaring in early trading Friday after the e-commerce and cloud giant posted third-quarter results that blew past analysts’ estimates, driven by growth in its cloud business. The shares were up over 13% above $252 in early trading, putting
Nvidia’s Biggest Customer Spent More Than $10B Last Quarter 25 minutes ago One bit of sport for investors who closely track Nvidia’s quarterly financial reports: looking to see how much of its revenue comes from a few big customers. The update for the fiscal second quarter said that one direct customer—what the company defines as
Results Come in Slightly Above Wall Street Expectations; Stock Slips in Extended Trading Read More »
KEY TAKEAWAYS Shares in The J.M. Smucker Co. fell in midday trading Wednesday after the food-and-beverage firm swung to a first-quarter loss as the Trump administration’s tariffs hit its coffee division. The company said profit at its U.S. retail coffee division, which owns Folgers coffee as well as the Dunkin’ and Café Bustelo brands, fell
J.M. Smucker Stock Drops as Tariffs Ding Coffee Results Read More »
KEY TAKEAWAYS PDD Holdings Monday posted second-quarter results that overshot analysts’ estimates even as the parent of the Temu shopping site was hit during the period by the end of a key U.S. tariff exemption. A trade loophole known as the de minimis exemption that allowed foreign firms to avoid tariffs on shipments worth less
Temu Parent PDD’s Results Beat Estimates Despite Tariff Exemption Loss Read More »