Why lower home prices aren’t enough to attract buyers
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Mortgage rate shift sparks jump in loan defects
Defects in residential U.S. mortgage loans increased in the early months of 2026 as mortgage rates declined and refinance volumes grew, according to newly released industry data. The industry-wide critical defect rate climbed to 1.71% in the first quarter, reflecting a notable increase from 1.38% in the fourth quarter and 1.31% a year ago, according…
No Novocain: Sequoia’s Doug Leone Had a Meeting After a Tooth Removal
Some people take a coffee before a big meeting. VC Doug Leone said he once took a Novocaine-less tooth removal. During an interview on the “David Senra” podcast, released on Sunday, Leone, one of Sequoia Capital’s best-known partners, said he skipped the numbing agent during a dental drilling procedure. “I told the dentist, ‘Drill without any Novocaine,’ and…
Cboe Global Markets Reports Mixed August 2026 Trading Volumes, Sets XSP Options Record | LeapRate
Cboe Global Markets (Cboe: CBOE) reported its trading volume statistics for August 2026 on September 3, revealing a mixed performance across its global business lines, with notable strength in index options and a record month for mini-SPX (XSP) options. According to the company’s monthly volume report, average daily volume (ADV) for index options rose 17.4%…
TCS Q2 Results Preview: Modest Revenue Growth, EBIT Margins To Expand; Dividend Announcement, Key Focus Areas
Tata Consultancy Services (TCS) is all set to kickstart the Q2FY27 earnings season for the technology sector on October 8, 2026. In the July-September quarter, TCS is likely to report modest revenue growth, while its EBIT margins are likely to expand due to wage hikes. Its deal wins are seen to clock single-digit growth. Among…
Situational Awareness Bet Big on SanDisk, Micron Before Blowing up
Leopold Aschenbrenner, the Wall Street wunderkind whose hedge fund imploded in late July, placed huge bets on two AI stocks in the lead-up to the disaster. Aschenbrenner’s firm, Situational Awareness, owned a $5.7 billion stake in SanDisk and a $5.6 billion stake in Micron at the end of June, its quarterly portfolio update revealed on…
Mortgage Rates Inch Up to 11-Month High
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…
