3 days ago
Today, I'm kicking off a new risk management series here at Barchart called "Look Both Ways Before You Cross Wall Street."
Instead of hitting you with my topical trade ideas, I'll get a little more nitty-gritty and into the weeds – explaining the what, why, how, and the real risk/reward math you need to know as a DIY manager of your own wealth.
Here's Another Little-Known Firm Jensen Huang's Nvidia Is Quietly Backing
MediaTek Is Stepping Up Competition Against Qualcomm With a New 2-Nanometer Chip. What This Means for QCOM Stock.
1 Year Into the Microsoft Deal, IREN Is Delivering and a Rally May Follow Soon
#look
Instead of hitting you with my topical trade ideas, I'll get a little more nitty-gritty and into the weeds – explaining the what, why, how, and the real risk/reward math you need to know as a DIY manager of your own wealth.
Here's Another Little-Known Firm Jensen Huang's Nvidia Is Quietly Backing
MediaTek Is Stepping Up Competition Against Qualcomm With a New 2-Nanometer Chip. What This Means for QCOM Stock.
1 Year Into the Microsoft Deal, IREN Is Delivering and a Rally May Follow Soon
#look
7 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Mission Lane is a credit card company that offers cash-back rewards cards as well as card options for people with less-than-perfect credit.
There are four Mission Lane cards, and each is designed for people with different credit profiles. But it's important to understand the details of each one and the costs they can carry before you apply. Here are 5 things to know about Mission Lane credit cards:
The four credit cards offered by Mission Lane differ in card type, rewards offered, qualifications, and more. Here's a closer look at how they compare:
Annual fee
#mission #credit
Mission Lane is a credit card company that offers cash-back rewards cards as well as card options for people with less-than-perfect credit.
There are four Mission Lane cards, and each is designed for people with different credit profiles. But it's important to understand the details of each one and the costs they can carry before you apply. Here are 5 things to know about Mission Lane credit cards:
The four credit cards offered by Mission Lane differ in card type, rewards offered, qualifications, and more. Here's a closer look at how they compare:
Annual fee
#mission #credit
10 days ago
ARCC yields nearly 10% with 17 years of stable dividends, while VICI's 7% yield comes with 100% occupancy and 40-year inflation-linked leases.
Pfizer yields 6% at a forward P/E of 10, delivering five straight EPS beats while prioritizing its dividend over buybacks in 2026.
Roth IRA placement turbocharges all four picks since their distributions are taxed as ordinary income in taxable accounts.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Altria didn't make the cut. Enter your email to see the names that beat MO. The report is free. Enter your email and see if any of your stocks made the cut.
Roth IRAs let dividends compound tax-free forever, which makes them the ideal wrapper for names that spit out ordinary-income distributions taxed at your marginal rate outside the account. The four below yield well above the S&P 500 average, and each brings a different flavor of durable cash flow: a business development company, a gaming net-lease REIT, a tobacco cash machine, and a large-cap pharma. As one reference point, Ares Capital (NASDAQ:ARCC) alone reports $1.92 in annualized dividends per share, a payout policy backed by 17 years of stable or increasing regular quarterly dividends.
#dividends #arcc #four
Pfizer yields 6% at a forward P/E of 10, delivering five straight EPS beats while prioritizing its dividend over buybacks in 2026.
Roth IRA placement turbocharges all four picks since their distributions are taxed as ordinary income in taxable accounts.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Altria didn't make the cut. Enter your email to see the names that beat MO. The report is free. Enter your email and see if any of your stocks made the cut.
Roth IRAs let dividends compound tax-free forever, which makes them the ideal wrapper for names that spit out ordinary-income distributions taxed at your marginal rate outside the account. The four below yield well above the S&P 500 average, and each brings a different flavor of durable cash flow: a business development company, a gaming net-lease REIT, a tobacco cash machine, and a large-cap pharma. As one reference point, Ares Capital (NASDAQ:ARCC) alone reports $1.92 in annualized dividends per share, a payout policy backed by 17 years of stable or increasing regular quarterly dividends.
#dividends #arcc #four
14 days ago
Last Updated: Sept. 9, 2026 at 7:22pm ET
9월. 9일 오전 5:14 New York 시간
By
Giulia Petroni, Dow Jones Newswires
Gold prices were rising as escalating attacks in the Middle East pushed oil higher, raising concerns about inflation and interest-rate hikes. In early trading, New York futures were up 0.2% to $4,446.50 a troy ounce.
#newswires #Gold #middle
9월. 9일 오전 5:14 New York 시간
By
Giulia Petroni, Dow Jones Newswires
Gold prices were rising as escalating attacks in the Middle East pushed oil higher, raising concerns about inflation and interest-rate hikes. In early trading, New York futures were up 0.2% to $4,446.50 a troy ounce.
#newswires #Gold #middle
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
20 days ago
On August 3, Ocular Therapeutix (NASDAQ:OCUL) reported second-quarter 2026 financial results that read as much like a regulatory update as an earnings report. Management confirmed that AXPAXLI, its lead retinal disease candidate, remains on track for a new drug application submission for wet age-related macular degeneration in the fourth quarter of 2026, a plan the FDA effectively signed off on during a Type C meeting held in May. That timeline, paired with new data suggesting patients could need far fewer injections, is the headline. The rest of the report shows what it costs to get there.
AXPAXLI's case rests on the SOL-1 trial, which Ocular describes as the first successful superiority study of a new agent against an approved anti-VEGF therapy since that drug class arrived two decades ago. The FDA's May 2026 meeting minutes confirmed that SOL-1's efficacy and safety data, along with an interim safety look at the SOL-R trial and supporting evidence on axitinib, will be enough to support the NDA filing, and Ocular plans to file under the 505(b)(2) pathway, which could shave up to 60 days off a standard review.
A post hoc ***** ysis of SOL-1 adds a practical argument for the drug: applying SOL-R's stricter rescue criteria, Ocular estimates patients could need up to 72% fewer injections through 60 weeks, or 56% once the two loading doses are counted, than a patient on a typical every-eight-week aflibercept regimen, a gap that matters given that up to 40% of wet AMD patients quit treatment within their first year.
Early market research backs that pitch: about 80% of surveyed retina specialists said they would likely prescribe a drug with AXPAXLI's profile, and more than 90% expect to adopt it within a year of approval. The company says every Tier 1 payer it has engaged, across Medicare Advantage and commercial plans, has floated premium pricing for a more durable option. Underpinning all of it is a cash balance of $598.6 million as of June 30, which management expects to last into 2028.
Getting AXPAXLI to market is expensive, and the quarter showed it. Research and development spending rose to $54.1 million from $51.1 million a year earlier, selling and marketing costs climbed to $17.3 million from $13.7 million, and general and administrative expenses jumped to $22.2 million from $14.3 million, all tied to trial costs and a growing commercial team ahead of a launch that still is not approved. Net loss widened to $78.8 million from $67.8 million in the same quarter of 2025.
#quarter #costs
AXPAXLI's case rests on the SOL-1 trial, which Ocular describes as the first successful superiority study of a new agent against an approved anti-VEGF therapy since that drug class arrived two decades ago. The FDA's May 2026 meeting minutes confirmed that SOL-1's efficacy and safety data, along with an interim safety look at the SOL-R trial and supporting evidence on axitinib, will be enough to support the NDA filing, and Ocular plans to file under the 505(b)(2) pathway, which could shave up to 60 days off a standard review.
A post hoc ***** ysis of SOL-1 adds a practical argument for the drug: applying SOL-R's stricter rescue criteria, Ocular estimates patients could need up to 72% fewer injections through 60 weeks, or 56% once the two loading doses are counted, than a patient on a typical every-eight-week aflibercept regimen, a gap that matters given that up to 40% of wet AMD patients quit treatment within their first year.
Early market research backs that pitch: about 80% of surveyed retina specialists said they would likely prescribe a drug with AXPAXLI's profile, and more than 90% expect to adopt it within a year of approval. The company says every Tier 1 payer it has engaged, across Medicare Advantage and commercial plans, has floated premium pricing for a more durable option. Underpinning all of it is a cash balance of $598.6 million as of June 30, which management expects to last into 2028.
Getting AXPAXLI to market is expensive, and the quarter showed it. Research and development spending rose to $54.1 million from $51.1 million a year earlier, selling and marketing costs climbed to $17.3 million from $13.7 million, and general and administrative expenses jumped to $22.2 million from $14.3 million, all tied to trial costs and a growing commercial team ahead of a launch that still is not approved. Net loss widened to $78.8 million from $67.8 million in the same quarter of 2025.
#quarter #costs
20 days ago
Plains All American Pipeline (PAA) demonstrates strong technical momentum, with shares up more than 45% over the past year.
The stock is trading at a new 5-year high.
PAA boasts a 6.54% dividend yield, which adds to its appeal.
PAA's crude oil and NGL segments are positioned for volume-driven growth, supported by long-term commitments and increasing throughput.
Valued at $18.2 billion, Plains All American Pipeline (PAA) is a master limited partnership involved in the transportation, storage, terminalling, and marketing of crude oil, natural gas, natural gas liquids, and refined products. The partnership has operations in the Permian Basin, South Texas/Eagle Ford area, Rocky Mountain, and Gulf Coast in the U.S., and Manito, South Saskatchewan, and Rainbow in Canada.
#pipeline #natural
The stock is trading at a new 5-year high.
PAA boasts a 6.54% dividend yield, which adds to its appeal.
PAA's crude oil and NGL segments are positioned for volume-driven growth, supported by long-term commitments and increasing throughput.
Valued at $18.2 billion, Plains All American Pipeline (PAA) is a master limited partnership involved in the transportation, storage, terminalling, and marketing of crude oil, natural gas, natural gas liquids, and refined products. The partnership has operations in the Permian Basin, South Texas/Eagle Ford area, Rocky Mountain, and Gulf Coast in the U.S., and Manito, South Saskatchewan, and Rainbow in Canada.
#pipeline #natural
21 days ago
Tesla
TSLA
+0.26%
stock started the week with a bang, rising 5.5%
on Monday
. Investors’ optimism wasn’t easy to explain. The likeliest reason, according to
Future FundExternal link
co-founder
Gary Black
, was
robo-taxis
. Investors are getting more excited about a potential introduction of Tesla’s Cybercab into its fleet of self-driving cabs. Investors, however, might be getting ahead of themselves.
TSLA
+0.26%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#tesla #Tsla #getting
TSLA
+0.26%
stock started the week with a bang, rising 5.5%
on Monday
. Investors’ optimism wasn’t easy to explain. The likeliest reason, according to
Future FundExternal link
co-founder
Gary Black
, was
robo-taxis
. Investors are getting more excited about a potential introduction of Tesla’s Cybercab into its fleet of self-driving cabs. Investors, however, might be getting ahead of themselves.
TSLA
+0.26%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#tesla #Tsla #getting
27 days ago
Updated Aug. 26, 2026 5:07 pm ET
Listen
(4 min)
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0617 ET – Pony AI’s first 2,000 robotaxi vehicles will be deployed mainly in Europe with a few in the Middle East, Citi ****** ysts cite management as saying. The first batch will be exported from China, with a potential switch to European local brands in the future, with Pony earning per-mile revenue from the testing phase onward, they say. The management maintains a target of 3,500 unit this year and disclosed an internal target of 10,000 units for next year, with overseas accounting for 30% to 40%, depending on regulatory approval cadence, Citi adds. Management believes stricter entry-permit standards favor leading players with strong safety track records, they say. (jiahui.huangwsj.com; ivy_jiahuihuang)
#pony #year #updated #talks
Listen
(4 min)
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0617 ET – Pony AI’s first 2,000 robotaxi vehicles will be deployed mainly in Europe with a few in the Middle East, Citi ****** ysts cite management as saying. The first batch will be exported from China, with a potential switch to European local brands in the future, with Pony earning per-mile revenue from the testing phase onward, they say. The management maintains a target of 3,500 unit this year and disclosed an internal target of 10,000 units for next year, with overseas accounting for 30% to 40%, depending on regulatory approval cadence, Citi adds. Management believes stricter entry-permit standards favor leading players with strong safety track records, they say. (jiahui.huangwsj.com; ivy_jiahuihuang)
#pony #year #updated #talks
28 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Kalshi is partnering with The Weather Company, operator of Weather.com and The Weather Channel app, to expand a weather trading business it expects to reach $1.1 billion in volume this year.
The Weather Company will supply the meteorological data used to verify contract outcomes, and the two firms plan to explore new markets around events such as ski conditions and marathon weather. Kalshi's probabilities will also appear across Weather Company platforms.
Kalshi's weather markets generated $564 million in trading volume through July, the Wall Street Journal reported, already surpassing the platform's full-year 2025 total. Weather and climate volume is up roughly 500% year over year.
That doesn't mean commercial hedging has taken over. But the market is starting to acquire the ingredients of a genuine risk-management tool: trusted settlement data, institutional-scale execution and businesses experimenting with contracts as hedges.
#finance #kalshi
Kalshi is partnering with The Weather Company, operator of Weather.com and The Weather Channel app, to expand a weather trading business it expects to reach $1.1 billion in volume this year.
The Weather Company will supply the meteorological data used to verify contract outcomes, and the two firms plan to explore new markets around events such as ski conditions and marathon weather. Kalshi's probabilities will also appear across Weather Company platforms.
Kalshi's weather markets generated $564 million in trading volume through July, the Wall Street Journal reported, already surpassing the platform's full-year 2025 total. Weather and climate volume is up roughly 500% year over year.
That doesn't mean commercial hedging has taken over. But the market is starting to acquire the ingredients of a genuine risk-management tool: trusted settlement data, institutional-scale execution and businesses experimenting with contracts as hedges.
#finance #kalshi
29 days ago
Coinbase Global, Inc. (NASDAQ:COIN) jumped 10% on August 19 as Bitcoin gained approximately 6% as of writing and traded at its highest level since early June. The rally followed a White House meeting where President Donald Trump urged Congress to pass a "fair version" of the CLARITY Act. Coinbase CEO Brian Armstrong joined other cryptocurrency executives and financial regulators at the meeting.
The stock move combined two powerful drivers: cryptocurrency prices and regulatory expectations. Yet the latest results showed why Coinbase Global, Inc. (NASDAQ:COIN) still needs both. Second-quarter revenue declined 19% to $1.22 billion as weaker crypto prices and trading activity pressured results. The company reported a $359.5 million net loss that included a $209.5 million loss on crypto **** ets held for investment and $52.4 million of restructuring expense.
The question is whether Washington can give Coinbase Global, Inc. (NASDAQ:COIN) enough regulatory operating leverage to reduce its dependence on the next Bitcoin rally.
The CLARITY Act would establish clearer jurisdiction between the SEC and CFTC while creating a federal registration framework for digital-commodity exchanges, brokers, and dealers. For Coinbase Global, Inc. (NASDAQ:COIN), clearer classifications could reduce uncertainty around **** et listings and make institutions more comfortable with trading, custody, and tokenized products.
The platform is also broader than it was during earlier cryptocurrency cycles. Coinbase Global, Inc. (NASDAQ:COIN) said its company-defined crypto trading-volume market share reached a record 10.3% in the second quarter, up from 9.1% in the first quarter. Subscription and services revenue totaled $555 million and represented 48% of net revenue, while average USDC held in Coinbase products reached a record $20 billion.
#quarter #Crypto
The stock move combined two powerful drivers: cryptocurrency prices and regulatory expectations. Yet the latest results showed why Coinbase Global, Inc. (NASDAQ:COIN) still needs both. Second-quarter revenue declined 19% to $1.22 billion as weaker crypto prices and trading activity pressured results. The company reported a $359.5 million net loss that included a $209.5 million loss on crypto **** ets held for investment and $52.4 million of restructuring expense.
The question is whether Washington can give Coinbase Global, Inc. (NASDAQ:COIN) enough regulatory operating leverage to reduce its dependence on the next Bitcoin rally.
The CLARITY Act would establish clearer jurisdiction between the SEC and CFTC while creating a federal registration framework for digital-commodity exchanges, brokers, and dealers. For Coinbase Global, Inc. (NASDAQ:COIN), clearer classifications could reduce uncertainty around **** et listings and make institutions more comfortable with trading, custody, and tokenized products.
The platform is also broader than it was during earlier cryptocurrency cycles. Coinbase Global, Inc. (NASDAQ:COIN) said its company-defined crypto trading-volume market share reached a record 10.3% in the second quarter, up from 9.1% in the first quarter. Subscription and services revenue totaled $555 million and represented 48% of net revenue, while average USDC held in Coinbase products reached a record $20 billion.
#quarter #Crypto
29 days ago
SEOUL, Aug 25 (Reuters) - South Korean chipmaker SK Hynix's union members narrowly rejected a tentative wage agreement on Tuesday, according to a source familiar with the matter.
A total of 50.08% of the 15,045 workers who cast ballots voted against the agreement, the source said. The difference was just 25 votes, the source added.
SK Hynix was not immediately available for comment when contacted by Reuters. The source spoke on condition of anonymity as they were not authorised to speak to media.
The agreement, reached last week, included a 6.3% wage increase and a revision to SK Hynix's profit-sharing bonus scheme, under which 40% of bonuses would be paid in cash and 60% in company shares.
The world's second-largest memory chipmaker has been reaping strong profits from booming demand for high-bandwidth memory (HBM) chips used in artificial intelligence applications.
#agreement
A total of 50.08% of the 15,045 workers who cast ballots voted against the agreement, the source said. The difference was just 25 votes, the source added.
SK Hynix was not immediately available for comment when contacted by Reuters. The source spoke on condition of anonymity as they were not authorised to speak to media.
The agreement, reached last week, included a 6.3% wage increase and a revision to SK Hynix's profit-sharing bonus scheme, under which 40% of bonuses would be paid in cash and 60% in company shares.
The world's second-largest memory chipmaker has been reaping strong profits from booming demand for high-bandwidth memory (HBM) chips used in artificial intelligence applications.
#agreement
30 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Vivian Tu has built a massive online following telling people how to grow their money. But she has a message for some would-be investors: Stop investing, at least for now, if you carry a specific kind of debt.
The former Wall Street trader and content creator behind the multimedia company, "Your Rich BFF," says you should jump on high-interest credit card debt before thinking about putting money into the stock market.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#content #investors #debt #stop
Vivian Tu has built a massive online following telling people how to grow their money. But she has a message for some would-be investors: Stop investing, at least for now, if you carry a specific kind of debt.
The former Wall Street trader and content creator behind the multimedia company, "Your Rich BFF," says you should jump on high-interest credit card debt before thinking about putting money into the stock market.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#content #investors #debt #stop
1 month ago
Corn prices are up 2 to 3 cents so far on Wednesday morning. Futures posted mixed trade on Tuesday, with contracts closing as much as 1 ¾ lower to a penny higher across the board. Open interest was up just 6,454 contracts on the day. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $4.35 1/2.
The ProFarmer Crop Tour started rolled along on Tuesday, with Nebraska corn yields averaging 163.61 bushels per acre down 8.85% from the last year and 5.6% below the 3 year average. Indiana yields came in at 183.54 bpa, down 5.3% from a year ago and a 2.1% decline from the three year average. Results for Illinois will be announced later this evening.
Tighter Coffee Supplies Push Prices Sharply Higher
Cocoa Prices Fall on Exceptional Growing Conditions in West Africa
Global Supply Concerns Fuel a Rally in Sugar Prices
#down
The ProFarmer Crop Tour started rolled along on Tuesday, with Nebraska corn yields averaging 163.61 bushels per acre down 8.85% from the last year and 5.6% below the 3 year average. Indiana yields came in at 183.54 bpa, down 5.3% from a year ago and a 2.1% decline from the three year average. Results for Illinois will be announced later this evening.
Tighter Coffee Supplies Push Prices Sharply Higher
Cocoa Prices Fall on Exceptional Growing Conditions in West Africa
Global Supply Concerns Fuel a Rally in Sugar Prices
#down
1 month ago
On August 7, Wendy's (NASDAQ:WEN) held its second-quarter earnings call under new President and CEO Robert Wright, a Wendy's veteran of 28 years who most recently ran Potbelly, joined by new CFO Steven Cirulis. Global systemwide sales fell 6.5%, and the company pulled its full-year outlook entirely. Wright did not soften the message: traffic is down, value has slipped, and franchisee economics are strained.
Not everything in the quarter was bleak. US company-operated restaurants outperformed the broader system by 280 basis points, and customer satisfaction scores in the US improved even as traffic fell. Wendy's also kept building, opening 21 new US restaurants and 27 internationally, with systemwide sales abroad still growing 3.4%. Strip out a soft Canadian market, and international same-restaurant sales were actually positive, with sales up 8.6%.
Wright laid out five strategic priorities going forward: rebuilding the menu around quality and value, sharpening marketing around a consistent brand narrative, tightening restaurant operations, improving the digital and loyalty experience, and getting back to unit growth. He promised a full strategic plan by the next quarterly update and framed the dividend cut as a deliberate move to free up capital for that turnaround rather than a sign of distress.
The core problem is that customers are visiting less often. US same-restaurant sales dropped 7.0%, driven by a 12.5% decline in traffic that a 5.6% jump in average check could not offset. Wright pointed to eroding food quality, an increasingly complex and less compelling Biggie value platform, and inconsistent drive-thru execution as root causes. Commodity costs rose about 9% in the quarter, including continued beef inflation, while labor costs climbed roughly 4%, squeezing US company-operated restaurant margin down to 13.8%. Adjusted EBITDA fell to $124.1 million, down $22.5 million from a year earlier, and adjusted EPS came in at just $0.18. The company also closed 289 US restaurants in the first half of the year.
Management does not expect systemwide sales to return to growth in either the third or fourth quarter, and it cut the quarterly dividend to $0.07 per share while pausing share buybacks for 2026 to preserve cash. Net leverage stood at 5.0 times, and roughly $430 million of debt maturing in 2028 will need refinancing in the coming months.
#quarter #systemwide #TRAFFIC #down
Not everything in the quarter was bleak. US company-operated restaurants outperformed the broader system by 280 basis points, and customer satisfaction scores in the US improved even as traffic fell. Wendy's also kept building, opening 21 new US restaurants and 27 internationally, with systemwide sales abroad still growing 3.4%. Strip out a soft Canadian market, and international same-restaurant sales were actually positive, with sales up 8.6%.
Wright laid out five strategic priorities going forward: rebuilding the menu around quality and value, sharpening marketing around a consistent brand narrative, tightening restaurant operations, improving the digital and loyalty experience, and getting back to unit growth. He promised a full strategic plan by the next quarterly update and framed the dividend cut as a deliberate move to free up capital for that turnaround rather than a sign of distress.
The core problem is that customers are visiting less often. US same-restaurant sales dropped 7.0%, driven by a 12.5% decline in traffic that a 5.6% jump in average check could not offset. Wright pointed to eroding food quality, an increasingly complex and less compelling Biggie value platform, and inconsistent drive-thru execution as root causes. Commodity costs rose about 9% in the quarter, including continued beef inflation, while labor costs climbed roughly 4%, squeezing US company-operated restaurant margin down to 13.8%. Adjusted EBITDA fell to $124.1 million, down $22.5 million from a year earlier, and adjusted EPS came in at just $0.18. The company also closed 289 US restaurants in the first half of the year.
Management does not expect systemwide sales to return to growth in either the third or fourth quarter, and it cut the quarterly dividend to $0.07 per share while pausing share buybacks for 2026 to preserve cash. Net leverage stood at 5.0 times, and roughly $430 million of debt maturing in 2028 will need refinancing in the coming months.
#quarter #systemwide #TRAFFIC #down
1 month ago
Markets face a retail-dominated week where Home Depot (HD), Target (TGT), TJX Companies (TJX), and Walmart (WMT) report earnings providing critical consumer spending **** sment across income segments.
Wednesday's FOMC meeting minutes at 2:00pm will reveal Fed Chair Kevin Warsh's policy deliberations and how leadership views recent economic developments and inflation trajectory.
A $210 Billion Reason to Buy AMD Stock Here
As Oracle Deepens Its Partnership with AWS, Here's How You Should Play ORCL Stock
CoreWeave vs Nebius: Both Companies Reported Strong Earnings, But Here's the Stock You Should Buy
#markets
Wednesday's FOMC meeting minutes at 2:00pm will reveal Fed Chair Kevin Warsh's policy deliberations and how leadership views recent economic developments and inflation trajectory.
A $210 Billion Reason to Buy AMD Stock Here
As Oracle Deepens Its Partnership with AWS, Here's How You Should Play ORCL Stock
CoreWeave vs Nebius: Both Companies Reported Strong Earnings, But Here's the Stock You Should Buy
#markets
1 month ago
As of August 14, the U.S. dollar is facing pressure due to changing expectations for the Fed after release of slower inflation data provided further evidence of a case for increased easing. The July report for the Producer Price Index (PPI) indicated that inflation for wholesale goods was unchanged compared to the month prior, and core PPI also increased by 0.2% after the latest CPI report indicated a slower-than-expected rise. The data released further eased the concerns for inflation rising again and suggested that the Fed was likely to begin cutting rates in September.
For the Fed, the labor market is still the most important factor. The recent data for July hiring indicated slower hiring, and more of a need to strike a balance between inflation concerns and an economy likely to be slowing. However, Fed officials reassure the market that the inflation data is still well above the Fed's target for inflation being set at 2%.
The euro is benefitting from the slower expectations of Fed rate movements, but is also dealing with domestic challenges. The European Central Bank is still maintaining a cautious stance by keeping policy the same as they ******* s the impact of the disruptions to Middle East energy supply and inflation as well as consumer demand. Recent reports of the activity of the euro zone have shown signs of stabilizing, but still have the potential to grow at a lower level due to slow demand and geopolitical challenges.
Sterling faces considerable pressure as the UK's second-quarter GDP showed a 0.4% quarterly rise, following stronger early quarter growth. The data published reflects the economy's resilience, especially as price rises for energy have been high and global uncertainties remain. Still, the Bank of England must continue to balance inflation and the threats caused by the increasing growth of nominal wages and energy price rises.
For currency markets, the most important factor continues to be the difference in interest rates and the expected changes. Easing US inflation has lowered expectations of further rate hikes by the FOMC, and the euro and pound are now being evaluated on whether their respective domestic economies can continue to grow without re-igniting inflation.
#data #further #indicated #euro
For the Fed, the labor market is still the most important factor. The recent data for July hiring indicated slower hiring, and more of a need to strike a balance between inflation concerns and an economy likely to be slowing. However, Fed officials reassure the market that the inflation data is still well above the Fed's target for inflation being set at 2%.
The euro is benefitting from the slower expectations of Fed rate movements, but is also dealing with domestic challenges. The European Central Bank is still maintaining a cautious stance by keeping policy the same as they ******* s the impact of the disruptions to Middle East energy supply and inflation as well as consumer demand. Recent reports of the activity of the euro zone have shown signs of stabilizing, but still have the potential to grow at a lower level due to slow demand and geopolitical challenges.
Sterling faces considerable pressure as the UK's second-quarter GDP showed a 0.4% quarterly rise, following stronger early quarter growth. The data published reflects the economy's resilience, especially as price rises for energy have been high and global uncertainties remain. Still, the Bank of England must continue to balance inflation and the threats caused by the increasing growth of nominal wages and energy price rises.
For currency markets, the most important factor continues to be the difference in interest rates and the expected changes. Easing US inflation has lowered expectations of further rate hikes by the FOMC, and the euro and pound are now being evaluated on whether their respective domestic economies can continue to grow without re-igniting inflation.
#data #further #indicated #euro
2 months ago
Shares are down roughly a fifth over the past year, and the risk that matters now is a spending plan with no stated payback date.
Meta Platforms (META) has spent the past year losing an argument with its own shareholders. The business is not the problem: revenue grew 28% year over year in the second quarter of 2026. The problem is what that growth now costs to produce, and the biggest risk to the stock is that ***** ody has put a date on when the spending pays.
Where The Twenty-Eight Percent Goes
Total expenses climbed 55% to $42 billion in that quarter, and operating income went backwards, falling 8% to $18.8 billion on revenue of $60.8 billion. Legal charges of $2.4 billion and $1.2 billion of severance from the May 2026 head count reduction account for part of that, and both are one-off items. Strip them out, though, and management's own arithmetic still leaves operating income up only 9% against 28% revenue growth, because much of the durable pressure sits in the infrastructure line: higher depreciation, the cost of running data centers, and third-party cloud spend, all rising to serve a compute build that management itself calls a big bet.
The Cash The Build Is Eating
#year #spending
Meta Platforms (META) has spent the past year losing an argument with its own shareholders. The business is not the problem: revenue grew 28% year over year in the second quarter of 2026. The problem is what that growth now costs to produce, and the biggest risk to the stock is that ***** ody has put a date on when the spending pays.
Where The Twenty-Eight Percent Goes
Total expenses climbed 55% to $42 billion in that quarter, and operating income went backwards, falling 8% to $18.8 billion on revenue of $60.8 billion. Legal charges of $2.4 billion and $1.2 billion of severance from the May 2026 head count reduction account for part of that, and both are one-off items. Strip them out, though, and management's own arithmetic still leaves operating income up only 9% against 28% revenue growth, because much of the durable pressure sits in the infrastructure line: higher depreciation, the cost of running data centers, and third-party cloud spend, all rising to serve a compute build that management itself calls a big bet.
The Cash The Build Is Eating
#year #spending
2 months ago
Results land on Tuesday, with the first insider lock-up expiring on Thursday and the shares below their float price
SpaceX Corp (NASDAQ:SPCX) will publish its first set of results as a listed company after the closing bell in New York on Tuesday, two days before the first tranche of insider stock becomes eligible for sale.
Analysts expect second-quarter revenue of about $6.9 billion, a rise of roughly 68% on the same period last year, and a loss of between $0.23 and $0.35 a share.
The company lost $4.9 billion in 2025, and in the first quarter of this year the net loss widened to $4.2 billion from $528 million, on revenue of $4.6 billion.
Nobody expects a profit, which leaves the market focused on the timing and shape of the losses rather than their existence.
#results
SpaceX Corp (NASDAQ:SPCX) will publish its first set of results as a listed company after the closing bell in New York on Tuesday, two days before the first tranche of insider stock becomes eligible for sale.
Analysts expect second-quarter revenue of about $6.9 billion, a rise of roughly 68% on the same period last year, and a loss of between $0.23 and $0.35 a share.
The company lost $4.9 billion in 2025, and in the first quarter of this year the net loss widened to $4.2 billion from $528 million, on revenue of $4.6 billion.
Nobody expects a profit, which leaves the market focused on the timing and shape of the losses rather than their existence.
#results
2 months ago
Just about everybody who works in Silicon Valley was sold the same dream: Take a low salary now, accept stock options, and work like a dog for a few years. Then, you can cash out when your unicorn goes public, and you'll retire before you hit age 30.
Well, that dream finally became a reality for a whole lot of ******* eX (SPCX) employees this summer. The company's blockbuster IPO was effectively one of the biggest wealth creation events the tech industry has ever seen. In fact, over 4,000 current and former employees were reportedly turned into overnight millionaires after years' worth of equity compensation suddenly became liquid.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#dream #SpaceX
Well, that dream finally became a reality for a whole lot of ******* eX (SPCX) employees this summer. The company's blockbuster IPO was effectively one of the biggest wealth creation events the tech industry has ever seen. In fact, over 4,000 current and former employees were reportedly turned into overnight millionaires after years' worth of equity compensation suddenly became liquid.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#dream #SpaceX
2 months ago
PayPal (PYPL) stock rose more than 4% on Tuesday after the payments giant defended its multiyear turnaround plan without completely closing the door to a potential merger.
"While there is still significant work ahead, I have strong conviction in our direction and in our ability to execute," PayPal president and CEO Enrique Lores said.
"At the same time, we remain open and objective in evaluating opportunities," he added. "If we see levers or a path that we believe would create superior value for our shareholders that execute in our current strategy, we would, of course, carefully consider them."
Earlier this year, Stripe and private equity firm Advent offered to acquire PayPal for around $60 per share, according to a report from Reuters earlier this month. The news sent PayPal's stock surging.
"For now, while we remain open, our focus is on executing our own strategic plan," Lores added.
#paypal #lores #earlier #execute
"While there is still significant work ahead, I have strong conviction in our direction and in our ability to execute," PayPal president and CEO Enrique Lores said.
"At the same time, we remain open and objective in evaluating opportunities," he added. "If we see levers or a path that we believe would create superior value for our shareholders that execute in our current strategy, we would, of course, carefully consider them."
Earlier this year, Stripe and private equity firm Advent offered to acquire PayPal for around $60 per share, according to a report from Reuters earlier this month. The news sent PayPal's stock surging.
"For now, while we remain open, our focus is on executing our own strategic plan," Lores added.
#paypal #lores #earlier #execute
2 months ago
By Alun John, Dhara Ranasinghe and Sophie Kiderlin
LONDON, July 24 (Reuters) - Renewed hostilities in the Gulf have revived stagflation talk, dimming hopes the interim deal between the U.S. and Iran had come in time for the world economy to avoid elevated inflation alongside stagnant economic growth.
Instead, oil prices are back at $100, European gas prices are set for their biggest monthly jump since March and government borrowing costs are at multi-year highs on inflation angst as tensions escalate once more.
Trade frictions are adding to the uncertainty facing consumers, businesses and investors. The U.S. on Friday imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union and China, likely raising prices further.
"Stagflation risk has been very much there for each economy since March, in different ways," said Alessia Berardi, head of global macroeconomics, Amundi Investment Institute.
#john
LONDON, July 24 (Reuters) - Renewed hostilities in the Gulf have revived stagflation talk, dimming hopes the interim deal between the U.S. and Iran had come in time for the world economy to avoid elevated inflation alongside stagnant economic growth.
Instead, oil prices are back at $100, European gas prices are set for their biggest monthly jump since March and government borrowing costs are at multi-year highs on inflation angst as tensions escalate once more.
Trade frictions are adding to the uncertainty facing consumers, businesses and investors. The U.S. on Friday imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union and China, likely raising prices further.
"Stagflation risk has been very much there for each economy since March, in different ways," said Alessia Berardi, head of global macroeconomics, Amundi Investment Institute.
#john
2 months ago
Key takeaway: The Columbus, Ohio, company completed the Cadence system conversion in late June, which should serve as a springboard to higher growth in the third and fourth quarters, executives said.
Supporting data: The conversion gives Huntington much more control over and insight into more than 1.4 million deposit accounts acquired from Cadence.
Expert quote: "This was the largest conversion we've ever done. It was the fastest we've ever done, and it was the best we've done, at least in my tenure." — Huntington Chairman and CEO Steve Steinour
While higher funding costs left their mark on Huntington Bancshares' second-quarter results, the Columbus, Ohio-based company is forecasting a strong finish to 2026 now that its most recent merger-related conversion is complete.
Business should pick up in the third quarter before peaking during the final three months of 2026, Chief Financial Officer Zach Wasserman said Thursday on a conference call with **** ysts.
#conversion #huntington #we 've
Supporting data: The conversion gives Huntington much more control over and insight into more than 1.4 million deposit accounts acquired from Cadence.
Expert quote: "This was the largest conversion we've ever done. It was the fastest we've ever done, and it was the best we've done, at least in my tenure." — Huntington Chairman and CEO Steve Steinour
While higher funding costs left their mark on Huntington Bancshares' second-quarter results, the Columbus, Ohio-based company is forecasting a strong finish to 2026 now that its most recent merger-related conversion is complete.
Business should pick up in the third quarter before peaking during the final three months of 2026, Chief Financial Officer Zach Wasserman said Thursday on a conference call with **** ysts.
#conversion #huntington #we 've
2 months ago
Galaxy Digital (NASDAQ: $GLXY) is planning to sell $3.5 billion U.S. of junk bonds to help fund the expansion of its Helios artificial intelligence (A.I.) data centre located in Texas.
The company plans to use the proceeds from its first junk bond sale to finance growth of the data centre campus located in **** ens County, Texas.
Galaxy Digital is the latest A.I. infrastructure developer to tap the U.S. high-yield debt market to fund A.I. infrastructure projects.
More From Cryptoprowl:
SBI Group, DigiFT, and Startale Group Advance Tokenized Capital Markets with JPYSC-Powered Settlement and Onchain Dividend Distribution
#junk #centre
The company plans to use the proceeds from its first junk bond sale to finance growth of the data centre campus located in **** ens County, Texas.
Galaxy Digital is the latest A.I. infrastructure developer to tap the U.S. high-yield debt market to fund A.I. infrastructure projects.
More From Cryptoprowl:
SBI Group, DigiFT, and Startale Group Advance Tokenized Capital Markets with JPYSC-Powered Settlement and Onchain Dividend Distribution
#junk #centre
2 months ago
Kansas City, Missouri-based Evergy, Inc. (EVRG) is a regulated electric utility providing clean, safe, and reliable electricity to 1.7 million customers through its operating subsidiaries. With a market capitalization of about $19.7 billion, the company invests in renewable energy, grid modernization, and innovative technologies while supporting electric vehicle infrastructure and delivering long-term value to customers and shareholders.
EVRG is set to report its Q2 earnings on Thursday, August 6, 2026, before the market opens. Ahead of the release, ******* ysts expect the company to report diluted EPS of $0.87, up 6.1% from $0.82 in the year-ago quarter. EVRG has surpassed Wall Street's EPS estimates in two of the past four trailing quarters while missing estimates in the other two.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
Billionaire Mark Cuban Says If CEOs Get 10% of Pay in Stock, Janitors Deserve the Same Percentage — 'That Will Change the Game'
#ahead #market
EVRG is set to report its Q2 earnings on Thursday, August 6, 2026, before the market opens. Ahead of the release, ******* ysts expect the company to report diluted EPS of $0.87, up 6.1% from $0.82 in the year-ago quarter. EVRG has surpassed Wall Street's EPS estimates in two of the past four trailing quarters while missing estimates in the other two.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
Billionaire Mark Cuban Says If CEOs Get 10% of Pay in Stock, Janitors Deserve the Same Percentage — 'That Will Change the Game'
#ahead #market
2 months ago
AMC Entertainment Holdings, Inc. (NYSE:AMC) jumped 16% in premarket trading on Monday after reporting record second-quarter revenue and a surprise adjusted profit. Revenue reached $1.60 billion, compared with the $1.47 billion expected by ***** ysts, while adjusted earnings came in at 14 cents per share instead of the expected 6-cent loss.
The quarter provides the strongest evidence yet that movie theaters are recovering from the pandemic and Hollywood labor disruptions. Whether that recovery translates into lasting value for AMC shareholders is a more complicated question.
In detail, AMC's revenue increased 14.2% from a year earlier to $1.60 billion. Adjusted EBITDA climbed nearly 70% to $321.4 million, marking the first time the company generated more than $300 million of adjusted EBITDA in a single quarter. The company's adjusted EBITDA margin expanded to 20.1% from 13.6% a year earlier.
Attendance increased 13.5% to 71.3 million customers during the quarter. U.S. attendance rose 12%, while international attendance increased 17.9%. Admissions revenue advanced to $863.1 million, and food and beverage revenue climbed to $576.1 million.
The broader domestic box office grew 10.7% to approximately $2.99 billion during the quarter, its best performance in seven years. AMC's domestic revenue increased 13%, suggesting the company grew slightly faster than the overall market.
#billion
The quarter provides the strongest evidence yet that movie theaters are recovering from the pandemic and Hollywood labor disruptions. Whether that recovery translates into lasting value for AMC shareholders is a more complicated question.
In detail, AMC's revenue increased 14.2% from a year earlier to $1.60 billion. Adjusted EBITDA climbed nearly 70% to $321.4 million, marking the first time the company generated more than $300 million of adjusted EBITDA in a single quarter. The company's adjusted EBITDA margin expanded to 20.1% from 13.6% a year earlier.
Attendance increased 13.5% to 71.3 million customers during the quarter. U.S. attendance rose 12%, while international attendance increased 17.9%. Admissions revenue advanced to $863.1 million, and food and beverage revenue climbed to $576.1 million.
The broader domestic box office grew 10.7% to approximately $2.99 billion during the quarter, its best performance in seven years. AMC's domestic revenue increased 13%, suggesting the company grew slightly faster than the overall market.
#billion
2 months ago
There are so many cryptocurrencies out there that it can make even the most experienced investors' heads spin. To make things simple, focus on the most prominent digital ******* ets before allocating any capital to the ******* e.
Solana (CRYPTO: SOL) falls into this bucket. Despite trading 71% below its peak (as of July 13), it has risen 148% in the past five years. The blockchain known for fast throughput and low costs sports a market cap of $43 billion right now, making it one of the most valuable digital ******* ets in the world.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Where will this innovative cryptocurrency be in five years?
In the past five years, Solana has dealt with numerous network outages. This might overshadow the fact that the blockchain processed 3,142 transactions per second (TPS) in the past 30 minutes, significantly higher than the nine TPS for Bitcoin. The Solana system's reliability remains a question mark, though, despite its speed.
Solana (CRYPTO: SOL) falls into this bucket. Despite trading 71% below its peak (as of July 13), it has risen 148% in the past five years. The blockchain known for fast throughput and low costs sports a market cap of $43 billion right now, making it one of the most valuable digital ******* ets in the world.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Where will this innovative cryptocurrency be in five years?
In the past five years, Solana has dealt with numerous network outages. This might overshadow the fact that the blockchain processed 3,142 transactions per second (TPS) in the past 30 minutes, significantly higher than the nine TPS for Bitcoin. The Solana system's reliability remains a question mark, though, despite its speed.
2 months ago
(By Oil & Gas 360) – This week was a reminder that today's energy market can change direction in a matter of hours. Escalating military action between the U.S. and Iran briefly sent crude prices sharply higher before economic concerns pulled them back lower. While oil remained volatile, the week's bigger story centered on the industry's continued investment in long-term supply, natural gas, nuclear power, and technologies designed to improve production efficiency.
Oil prices surged more than 7% after the U.S. and Iran exchanged airstrikes and concerns grew that disruptions in the Strait of Hormuz would intensify. Later in the week, crude settled lower as investors shifted their attention toward slowing economic growth and weakening demand expectations, despite continued geopolitical risk.
Why it matters:
The market continues to wrestle with two competing forces: tightening supply risk and uncertain demand. Until one clearly outweighs the other, volatility is likely to remain elevated.
The IEA warned that further escalation with Iran could erase the projected 2027 oil surplus, while strategic petroleum reserve purchases are expected to support crude demand through at least 2028. At the same time, one leading energy consultancy argued fears of an imminent global oil glut may be overstated.
Why it matters:
Markets may be focused on today's headlines, but the longer-term supply picture remains far tighter than many forecasts suggest.
Oil prices surged more than 7% after the U.S. and Iran exchanged airstrikes and concerns grew that disruptions in the Strait of Hormuz would intensify. Later in the week, crude settled lower as investors shifted their attention toward slowing economic growth and weakening demand expectations, despite continued geopolitical risk.
Why it matters:
The market continues to wrestle with two competing forces: tightening supply risk and uncertain demand. Until one clearly outweighs the other, volatility is likely to remain elevated.
The IEA warned that further escalation with Iran could erase the projected 2027 oil surplus, while strategic petroleum reserve purchases are expected to support crude demand through at least 2028. At the same time, one leading energy consultancy argued fears of an imminent global oil glut may be overstated.
Why it matters:
Markets may be focused on today's headlines, but the longer-term supply picture remains far tighter than many forecasts suggest.
3 months ago
With an average upside potential of 40.15% according to Wall Street ****** ysts, ConocoPhillips (NYSE:COP) is included among the 10 Most Promising Energy Stocks to Buy Now.
ConocoPhillips (NYSE:COP) is one of the world's largest independent E&P companies based on oil and natural gas production and proved reserves.
On June 29, Morgan Stanley lowered its price objective on ConocoPhillips (NYSE:COP) from $153 to $146, but reiterated an 'Overweight' rating on the shares. The revised target still implies an upside of almost 41% from the current levels.
The move comes after Morgan Stanley adjusted its estimates to reflect the latest energy prices. The WTI crude price has fallen by over 60% from its recent highs and is now hovering close to its pre-conflict levels following the US-Iran MoU on June 14.
In contrast, earlier on June 22, Roth Capital instead turned more bullish on ConocoPhillips (NYSE:COP) and upgraded the stock from 'Neutral' to 'Buy', while also raising its price target on the shares by $6 (read more details here).
ConocoPhillips (NYSE:COP) is one of the world's largest independent E&P companies based on oil and natural gas production and proved reserves.
On June 29, Morgan Stanley lowered its price objective on ConocoPhillips (NYSE:COP) from $153 to $146, but reiterated an 'Overweight' rating on the shares. The revised target still implies an upside of almost 41% from the current levels.
The move comes after Morgan Stanley adjusted its estimates to reflect the latest energy prices. The WTI crude price has fallen by over 60% from its recent highs and is now hovering close to its pre-conflict levels following the US-Iran MoU on June 14.
In contrast, earlier on June 22, Roth Capital instead turned more bullish on ConocoPhillips (NYSE:COP) and upgraded the stock from 'Neutral' to 'Buy', while also raising its price target on the shares by $6 (read more details here).
3 months ago
Millions of Americans may feel as if rising home prices prevent them from affording a home. But what if they just don't know how to buy a home?
According to credit scoring company FICO, 59% of Americans said in a survey shared with USA TODAY that they don't fully understand the steps involved in buying a home, and the figure rises to 64% among first-time homebuyers. Even among people who are planning to buy a home, half said they don't completely understand the process. About 1 in 5 Americans, including 1 in 4 prospective homebuyers, also underestimate how significantly credit score affects mortgage rates, believing it has minor or no impact; or, they say they're not sure.
Roadblocks to homebuyers don't all rest with the economy. Many homebuyers have more control than they may think.
"Consumers who are looking to buy homes in the next year are facing real headwinds, primarily citing current interest rates and home prices, but they are not the only challenge," Jenelle Dito, vice president of FICO's consumer empowerment programs and partnerships, said in an email. "A surprising number of potential buyers face knowledge gaps around the homebuying process."
One of the first things buyers should know is what their credit score is; then they should devise a plan to improve it, financial experts said.
According to credit scoring company FICO, 59% of Americans said in a survey shared with USA TODAY that they don't fully understand the steps involved in buying a home, and the figure rises to 64% among first-time homebuyers. Even among people who are planning to buy a home, half said they don't completely understand the process. About 1 in 5 Americans, including 1 in 4 prospective homebuyers, also underestimate how significantly credit score affects mortgage rates, believing it has minor or no impact; or, they say they're not sure.
Roadblocks to homebuyers don't all rest with the economy. Many homebuyers have more control than they may think.
"Consumers who are looking to buy homes in the next year are facing real headwinds, primarily citing current interest rates and home prices, but they are not the only challenge," Jenelle Dito, vice president of FICO's consumer empowerment programs and partnerships, said in an email. "A surprising number of potential buyers face knowledge gaps around the homebuying process."
One of the first things buyers should know is what their credit score is; then they should devise a plan to improve it, financial experts said.