Text size A large Carnival cruise ship docked at port in turquoise blue water. Dreamstine Shares of Carnival were rising Friday after the cruise line posted second-quarter revenue that rose…
Tag: Surges
Demand for adjustable-rate mortgages surges, as interest rates jump
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4%…
30-year mortgage rate surges to 6.28%, up from 5.5% just a week ago
Mortgage rates jumped sharply this week, as fears of a potentially more aggressive rate hike from the Federal Reserve upset financial markets. The average rate on the popular 30-year fixed…
Big landlords jump into the homebuilding as demand for single-family rentals surges
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental…
VMware Stock Surges on Report of Broadcom Takeover Discussions, Broadcom Falls
Text size Buying VMware would strengthen Broadcom’s position in cloud computing. Dreamstime.com Shares of cloud computing provider VMware were surging Monday after reports said Broadcom was in talks to buy…
Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market
A newly sold home is shown in Houston, Texas. Brandon Bell | Getty Images It could be more listings on the market, or perhaps just fear that interest rates will…
Revenue declines but profit surges
Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it…
Alibaba makes stunning rebound, surges 37% in one day
Alibaba (BABA) made a stunning reversal on Wednesday after days of sell-offs, closing 37% higher, its biggest one-day gain since 2014. The move added almost $80 billion to the Chinese…
Adyen stock surges on strong H2 2021 earnings
Pieter van der Does, chief executive officer of Adyen. Simon Dawson | Bloomberg | Getty Images Dutch payments processor Adyen reported a 51% jump in core earnings in the first…
GameStop surges 30% in after-hours on reported NFT plans
GameStop’s (GME) stock surged as much as 30% in after hours after a report that the video game retailer is launching a marketplace for non-fungible tokens (NFTs), a move which…