Broadcom (AVGO -0.74%) stock may not have set the market on fire in 2026 with muted gains of 6% as of this writing, but its fortunes could change after Sept. 2. The chip designer will release its fiscal 2026 third-quarter results after the market closes on Sept. 2. Let’s look at the reasons why this…
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Mortgage market shows signs of stabilization First mortgage balances as the largest single component of consumer debt grew 1.9% year-over-year to $12.845 trillion in June 2026, reflecting continued but moderating growth in the housing sector. Home equity lines of credit, or HELOCs, posted the sharpest expansion of any debt category, surging 12.5% over the same…
Being the biggest bear on Wall Street can be tough. Just ask Savita Subramanian, the head of US equity and quantitative strategy at Bank of America Corp.
Her caution on US stocks stems from concerns that rising leverage tied to the artificial intelligence build-out, coupled with unusually tight credit spreads, could be signaling…
When I speak with financial advisers about artificial intelligence, I often hear the same concern. Many are worried that AI will eventually replace them. I understand the fear, as it seems that every major new artificial intelligence technology comes with predictions that this time the profession is finished. The headlines are certainly not helping, as…
For advisors and dealers, the appeal is a wider field of smaller listed issuers turning to exempt offerings that retail clients can buy. The exemption leans on an issuer’s continuous disclosure record rather than a fresh prospectus, and the offering document would now point investors to seek the advice of a registrant. Dealers and finders…