Tech company bonds fall on AI spending and oil price concerns

Tech company bonds fall on AI spending and oil price concerns

Tech company bonds fall on AI spending and oil price concerns
Bruce Gehrke (pictured top), senior director of wealth and lending intelligence at JD Power, said the home equity numbers in particular stood out. “In just home equity — HELOC — the number is over 40% of current borrowers who opened a new HELOC within the last three months have used artificial intelligence to drive that…
The S&P 500 Index ($SPX) (SPY) today is down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.96%. September E-mini S&P futures (ESU26) are down -0.18%, and September E-mini Nasdaq futures (NQU26) are down -1.02%. Stock indexes are mixed today, with the Dow Jones Industrials posting a…
Rumours are already swirling about what changes Andy Burnham could make if he were to win the Labour leadership contest – including a shake-up of the capital gains tax regime. The MP for Makerfield looks more-than-likely to gain the keys to Number 10 later this month and is said to be considering Wes Streeting as…
Receiving Rs 2 lakh or more in cash, buying a property worth Rs 50 lakh or above, or making large cash deposits into your bank account can put your transactions on the Income Tax Department’s radar. Such transactions are subject to reporting requirements or tax rules that people should understand to avoid penalties, notices…
“For Sale” signs have been popping up more often on homes that are owned by institutional investors in response to the recently enacted 21st Century ROAD to Housing Act, the most comprehensive housing reform package in decades. The law bans institutional investors from purchasing single-family homes. CNBC reported that the number of homes owned by…
We have bad news and slightly less bad news. Starting with the latter, today’s mortgage rates are only marginally higher than they were yesterday with the average top tier 30yr fixed rate up 0.02%. The bad news is that this takes our rate index to 6.77%–the highest level since July 28th, 2025. Mortgage rates are…