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Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac

Buyers in the market saw borrowing costs fall slightly this week. (iStock) Mortgage rates rose above 7% again this week, but Freddie Mac said April’s inflation numbers were a promising step toward relief. The average interest rate on a 30-year fixed-rate mortgage for the week ending May 16 was 7.02%, according to Freddie Mac’s latest […]

Palantir Stock (NYSE:PLTR): Should You Buy the Post-Earnings Dip? – Yahoo Finance

Palantir stock (New York Stock Exchange: PLTR) After that, it decreased by about 16%. First quarter financial report, urged us to ponder whether this economic downturn presents a buying opportunity. Notably, Palantir demonstrated solid revenue growth, promising customer base expansion, and strong profitability metrics in another quarter. That said, concerns about rising stock valuations remain. […]

Gas prices dip as Memorial Day weekend nears: AAA

Drivers took a little break at the pumps this week. (iStock) Drivers took a break this week as fuel prices fell just before the official start of the summer driving season, according to the latest AAA. report. The national average cost of a gallon of gasoline fell to $3.64, down just 3 cents from the […]

Uber shares dip as Lyft zooms with female drivers

Uber stock tumbled Wednesday after the ride-hailing and food delivery company reported an unexpected first-quarter loss and weak outlook. Meanwhile, shares of e-hailing rival Lyft were volatile after the company reported a notable acceleration in year-over-year earnings. Recent earnings. Uber fell nearly 6% to close at $66.40 after predicting that its second-quarter gross bookings, a […]

Should You Buy AMD Stock on the Dip? – Yahoo Finance

Review by Fool.com Contributor Parkev Tatevosian AMD‘s (NASDAQ: AMD) The latest quarterly investor update and the answer to whether a stock is a buy at its current valuation. *The stock price uses the price as of the afternoon of April 30, 2024. The video was released on May 2, 2024. Should you invest $1,000 in […]

Tesla reports 9 percent dip in first quarter revenue

Electric vehicle (EV) company Tesla on Tuesday announced that first-quarter sales fell 9% from a year earlier. The sales decline is Tesla’s biggest since 2012, as the company faces declining sales and increased competition. Tesla cut the prices of three of its best-selling cars (Model X, Model Y, and Model S) by $2,000 each on […]

Ethereum below $4K: Whales are buying the dip, should you? – AMBCrypto News

Whale transactions worth more than $100,000 increased significantly in March. This optimism may stem from the CFTC classifying ETH as a commodity. Despite significant events like the Dencun upgrade, Ethereum [ETH] It underperformed in March, gaining just 0.79% in 30 days. The second-largest cryptocurrency faced strong resistance at $4,000 and fell to $3.500 at the […]