Tesla Earnings Test XLY After Sector-Leading 5-Day Run

Exposure to the artificial-intelligence boom has become virtually impossible for investors to avoid. The theme hasn’t just cornered the stock market. It has systematically swallowed up corporate credit and venture capital, too.

Nvidia shares rose on Thursday after the chip giant’s revenue guidance reassured investors that AI demand will remain strong. Shares were last up 7.2% in premarket trading. Investor bullishness suggests Nvidia could buck the trend of its stock dropping the day after reporting earnings in all of the previous four quarters, despite meeting or beating…

Since then, he has kept the case alive through a series of deadline fights. A single Court of Appeal judge turned down his request last September for more time to appeal the Divisional Court’s loss, pointing to a long, unexplained delay and a thin case. This July, a second judge rejected his attempt to have…

“This upward trajectory in rates continues to significantly impact refinance borrowers, with a 10% decline in refinance applications, including a steeper drop in government refinances,” said Joel Kan, CMB, vice president and deputy chief economist at the MBA. “Despite housing inventory increasing in certain markets, higher rates have added to ongoing affordability challenges for many…

Hubble, a UK flexible office marketplace owned by tech firm Yardi, is rolling out in the U.S., Bisnow can reveal.  Hubble soft-launched in New York in October, and its portal is now offering offices in seven other markets: New Jersey, Philadelphia, Boston, Chicago, Washington, D.C., San Francisco and the wider Bay Area. Photo credit: Courtesy…

The Commodity Futures Trading Commission has a new sheriff in town – and he’s rewriting the rulebook. In conversation with Risk.net, the CFTC’s new director of enforcement, David Miller, repeatedly signposts an end to “the era of regulation by enforcement”. “The age of trying to exact a tax on an industry through various types of…