Two reasons why Nvidia’s stock saw its biggest weekly surge in more than a year
The chip maker recorded its largest-ever weekly increase in market capitalization.
The chip maker recorded its largest-ever weekly increase in market capitalization.
Cryptocurrency project Scandic Coin (SNC) has issued a formal public demand for answers from the exchange BitMart regarding three long-pending withdrawal requests that remain unresolved. The requests, submitted from an approved institutional account, involve substantial amounts of USDT and SNC tokens that have stayed in “Processing” status for nearly eight days without generating blockchain transaction…
MCAN Financial’s mortgage book continued to grow in the second quarter, helping lift earnings even as the lender reported a higher share of impaired loans. The mortgage investment corporation earned $24 million, up 19% from $20.2 million a year earlier. Earnings per share rose to 59 cents from 51 cents. Net interest income increased 4%…
Sep. 14: Verification, Non-QM, Processing, Agentic AI Tools; LOs as Financial Strategists; Equity Study Yes, the college game was amazing Saturday night here in Austin, but there’s also IMN’s HELOCs & Second Liens event. The markets know that it is a hot topic. Do “the markets” care about a $40 trillion U.S. deficit?…
Fintel’s interim mortgage revenue increased by 10% year-on-year to £2.2m, outpacing growth across its wider services division. Services revenue rose from £18.3m to £18.4m over the same period, with mortgage revenue recording considerably stronger growth. The report highlighted the “potential” of “highly intermediated markets such as mortgages and protection”, adding that “technology, data and…
Some kids mow lawns for pocket money and move on. Cody Kuebler kept at it, turning the childhood gig into a multimillion-dollar business. Now 25, Kuebler said he spent his summers growing up cutting his neighbors’ grass for around $25 a job, first with an aging push mower, and later with one his father gave…
Near-record home prices, elevated mortgage rates and economic instability drove down U.S. home sales in July. Homebuying demand fell most sharply in Texas and Seattle. In Seattle, high prices and tech sector layoffs are discouraging prospective buyers. Some places are bucking the national trend. Home sales are growing fastest in West Palm Beach and San…