Oct 29, 2024 | Markets
Antitrust risk and competition in search have pressured shares Google parent trades at rare valuation discount among megacaps Alphabet Inc. shares have gone nowhere for months, trailing Magnificent Seven peers as investors struggle to price risks confronting the...
Oct 29, 2024 | Markets
Startup set to raise more cash after $6 billion round in May Billionaire’s AI company has sought to compete with OpenAI Elon Musk’s artificial intelligence startup xAI is seeking new funding at a roughly $40 billion valuation, according to a person familiar with the...
Oct 29, 2024 | Markets
UK chancellor to reportedly announce increase in minimum wage Sharp minimum wage rises are fueling fears of job losses The share of British workers in low-paid jobs has plunged in the last decade to a record low of 3.4%, a reflection of growing minimum wages, adding...
Oct 29, 2024 | Markets
Company says mortgage rate buy-down incentives will continue ‘There’s just a lot of noise in the market today,’ CEO says D.R. Horton Inc. shares fell the most in more than four years after the homebuilder reported disappointing results for its fiscal fourth quarter...
Oct 29, 2024 | Markets
Price increases in August were below the gains in July Home-price growth is showing signs of strain, analyst says Home-price gains in the US slowed in August as high borrowing costs weighed on potential buyers. A national measure of prices rose 4.2% from a year...