Why energy stocks still look so cheap, even after their big rally this month
Energy stocks are having a big month as oil prices surge on Iran war fears — but it’s not solely the conflict in the Middle East that makes the sector appear attractive.
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Retail traders are having a rough month
Here is an interesting chart from Luke Kawa. It shows monthly returns of Goldman Sachs’ basket of retail favorite stocks. It’s down 12% this month through yesterday, which would make it the worst month since April 2022. Note that the bad and good months tend to cluster as momentum takes over. There were a couple…
Bridging lender completes £2.475m Kensington penthouse deal
Specialist bridging lender Aspen has completed a £2.475 million Bridge-to-Let facility for the acquisition of a four-bedroom penthouse in the Royal Borough of Kensington and Chelsea, marking its second prime central London transaction within seven days. The deal was completed in under three weeks, funding the auction purchase of a property extending to more than…
Landbay announces rate cuts of 5bps; Molo lowers deals by 10bps – round-up
Buy-to-let (BTL) lender Landbay has announced rate cuts of five basis points (bps) to 18 Premier products. Premier is a range of standard and house in multiple occupation (HMO) products for borrowers with up to 15 mortgaged properties, available to both individual and limited company landlords. The 18 products cover five-year fixed rates, available…
Tech selloff back in focus as we get into the new day
The mood music yesterday was a better one with US stocks posting a broader advance across the board. Tech shares led the way to start the week but now, we’re starting to see the ugly side of things creep back in today. The drop is being led by a big selloff in Asia, with the…
Who will win at the Canadian Mortgage Awards this November?
New categories for 2026 Two categories that signal how the industry is changing at its edges are The REMIC Award for Finfluencer of the Year and Mortgage Tech Innovator of the Year. The Finfluencer of the Year award recognises financial content creators who have made a measurable positive impact on Canadian mortgage literacy, judged against…
Chinese autonomous-driving firm Momenta rises 3% in Hong Kong debut
A car equipped with Momenta technology on display at the IAA Mobility show in Munich, Germany in September 2025. Arjun Kharpal | CNBC Shares of Chinese autonomous driving firm Momenta rose 3% on its debut in Hong Kong at Wednesday’s market open. In a HK$5.89 billion ($751 million) initial public offering, Momenta priced its shares…
