Earnings flood, Fed meeting will test rickety AI market rally

Earnings flood, Fed meeting will test rickety AI market rally

Earnings flood, Fed meeting will test rickety AI market rally
This as-told-to essay is based on a conversation with David Hatcher, the managing partner of Baringa. It’s been edited for length and clarity. I’ve been a consultant since the late ’90s. I spent most of my career focused on the energy sector, but these days, AI has become a big topic of conversation. I joined…
Mortgage Support Services Ltd (MSS), the parent company of Stonebridge Mortgage Solutions, has been acquired by BetterHome Group. Despite coming under the same ownership, Stonebridge Mortgage Solutions and HLPartnership – after the latter’s acquisition in 2024 – will continue to operate independently, retaining their existing brands, propositions and cultures. BetterHome Group said it sees…
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.54%. September E-mini S&P futures (ESU26) fell -0.07%, and September E-mini Nasdaq futures (NQU26) fell -0.48%. Stock indexes fell on Wednesday as soaring crude prices pushed bond yields higher,…
Non-QM securitizations hit $78B as lenders ease guidelines to capture unserved borrower demand, even as total impairments rise for the 10th time in 13 months to 6.27%, according to dv01. Processing Content The non-QM segment is growing in terms of programs being offered and by securitization volume. Carrington Mortgage Services recently announced guideline changes which…
Paramount Skydance’s streaming chief is out as it closes in on its deal with Warner Bros. Discovery. Cindy Holland told staffers in a memo obtained by Business Insider on Tuesday that it would be her last day at the company. Holland said the decision came as CEO David Ellison prepares for the $110 billion merger….
The Midwest and Northeast went toe to toe in September, with each region claiming 10 spots in the Realtor.com® August 2026 Hottest Housing Markets ranking, but one longtime frontrunner was notably absent from the top 20. Manchester-Nashua, NH, once New England’s go-to affordable alternative to Boston, has dipped sharply over the past two months, falling to…