Forgent Power Solutions drops to 24.92 after CFO transition announcement

Apple (AAPL +1.05%)‘s stock has been surging more than 30% in the past six months. It’s been on a tear, as there’s plenty of optimism of late surrounding the company and its new CEO, John Ternus. However, with a heightened valuation also come high expectations. And that could potentially be problematic for Apple, as according…

Key insight: Following the apparent demise of Enova International’s purchase of Grasshopper Bank, it’s unclear whether the buyer will owe $5 million to the seller. What’s at stake: Reverse termination fees may be included in merger agreements in situations where the seller is uncertain about the buyer’s ability to secure regulatory approval. Expert quote: “Regulatory…

Ten days remain before the statutory deadline for federal agencies to publish the implementing rules under the GENIUS Act. As of this week, the rulebook is still missing, leaving stablecoin issuers to prepare against proposed texts rather than binding regulations. Seven federal agencies – the OCC, FDIC, Federal Reserve, NCUA, Treasury, FinCEN and OFAC –…

A new Redfin analysis takes a look at how much Bay Area real estate OpenAI and Anthropic employees could hypothetically purchase with their IPO earnings, in the wake of two massively valuable AI companies filing confidentially to go public.  OpenAI employees could buy 20% of all homes in San Francisco, or 15% of all homes…

Just as the festival of Navratri nears its ending with the celebration of Dussehra, gold rates in India have gained momentum. On October 19, 2026, 24-carat gold price surged by at least Rs 3,800, while the 22-carat and 18-carat gold rates climbed by up to Rs 3,500 and Rs 2,900. The 10 grams of gold…

14% of U.S. homebuying deals fell through in July, the highest share since November 2023, as buyers gained more power.  Home-purchase cancellations are most prevalent in buyer-friendly southern markets, where a lot of inventory and fewer buyers are giving house hunters more confidence to walk away from deals. Contract cancellations are least common in competitive…