US housing starts fell in July
High mortgage rates and a dire supply shortage have sidelined potential buyers.
We haven't written up this one. Semafor has the full story — the link below goes straight to it.
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Oil rises as US-Iran peace hopes fade
Iran has separately been negotiating with Oman an agreement on managing the Strait of Hormuz.
1 Unstoppable Stock to Buy Before It Joins Microsoft in the $3 Trillion Club
Key PointsBroadcom currently has a market cap of around $1.9 trillion, and its bottom-line growth prospects suggest that it can join Microsoft in the $3 trillion club.
Wall Street may have found its party pooper
Mark Walter is selling assets quickly to unwind a dragon’s nest of interlocking loans and resolve a Justice Department investigation.
AI chip stocks were riding high. Here’s why Micron and others are now pulling back.
Analysts note high expectations, concerns about elevated Treasury yields and a potential letdown surrounding Anthropic’s financial progress,
AI chip stocks were riding high. Here’s why Micron and others are now pulling back.
Analysts note high expectations, concerns about elevated Treasury yields and a potential letdown surrounding Anthropic’s financial progress,