By Makailah Gause NEW YORK (Reuters) – The financial market upheaval of the last several days may soon offer a silver lining to millions of U.S. households: Mortgage rates look set to fall further, offering an opening for those eager to get a toehold in an expensive housing market and an opportunity for others who…
(Reuters) -Lucid Group said on Monday its largest shareholder, Saudi Arabia’s Public Investment Fund, will inject up to $1.5 billion in cash, as the electric vehicle maker looks to add new models to its product line. The EV maker’s shares, which closed down 3.9%, jumped 12% in extended trading. The deal comes just ahead of…
(Reuters) – Worries over a delay in the launch of Nvidia’s upcoming artificial-intelligence chips may be exaggerated, analysts said, as they do not expect the setback to have a big impact on the chip giant’s revenue or demand. According to media reports, Nvidia’s Blackwell chips may face delays of three months or more due to…
(Reuters) -Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering interest rates will have to fall rapidly to rescue growth. Japan’s Nikkei shed a staggering 12% to hit nine-month lows, entering bear market territory and…
