Pending home sales in the U.S. dropped 1.3% week-over-week to their lowest level since March, driven by high housing costs and economic uncertainty. Meanwhile, new home listings rose 1.2% to the highest level in over three months, as more sellers accept slower market conditions and slightly lower prices. Mortgage rates remain high at around 6.67%, limiting buyer demand despite a slight decline in median asking prices. This shift creates opportunities for buyers to negotiate better deals amid increased supply and reduced competition.
Berkshire Hathaway has allocated 29.7% of its $356 billion investment portfolio to just two artificial intelligence stocks. This significant concentration underscores the growing confidence and interest in AI technologies as key drivers of future gro...
Federal Signal Corporation reported strong Q2 results with double-digit growth in earnings per share and revenue, driven largely by a 20% revenue increase in its Environmental Solutions segment due to favorable acquisitions. The company raised its fu...
Intuit is expected to report strong Q4 2026 results on August 25, with raised earnings guidance and a high probability of beating estimates. The company has experienced a significant stock price drop earlier this year but now trades at a favorable va...
Amazon announced plans to expand its Prime Air drone delivery service to nearly 500 U.S. cities by the end of 2026, aiming to fulfill Jeff Bezos' decade-old vision of fast, autonomous package delivery. Despite making hundreds of thousands of deliveri...
Unisys and Refroid Technologies have formed a partnership to provide advanced liquid cooling solutions and global field services for AI infrastructure. This collaboration addresses the growing demand for efficient, high-performance computing environm...
