COLUMBIA, Md., December 19, 2024--BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for defense and national security, has been awarded a position on the U.S. General Services Administration’s (GSA) OASIS+ (One Acquisition Solution for Integrated Services Plus) Unrestricted Multiple Agency Contract (MAC).

Canadian dollar and TSX plunged after Federal Reserve surprised investors

We recently compiled a list of the 10 Best Data Storage Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Micron Technology Inc. (NASDAQ:MU) stands against the other data storage stocks. Data storage involves systematically archiving digital information to ensure its availability and security for future […]

Lamb Weston Holdings, Inc. (NYSE:LW) shares are trading lower in the premarket session on Thursday. The company reported second-quarter adjusted earnings per share of 66 cents, missing the street view of $1.01. Quarterly sales of $1.60 billion (down 8% year-over-year) missed the analyst consensus estimate of $1.674 billion. Volume dropped by 6 percent in the quarter due to weak global restaurant traffic and customer share losses, partially offset by gains. Also Read: Why Is Penny Stock Canoo Fal

The Federal Reserve cut interest rates by 25 basis points at their final meeting of 2024 with a majority of central bank officials now expecting to only cut rates twice in 2025. What kind of impacts could this have on mortgage rates and the US housing market? Fannie Mae (Federal National Mortgage Association) chief economist Mark Palim sits down with Josh Lipton talk about more about pricing trends in the housing market. Fannie Mae's affiliate organization, the Federal Home Loan Mortgage Corporation (or Freddie Mac), is scheduled to release the latest mortgage rate figures Thursday morning. "The key issue for the housing market in the United States, for sure, has been affordability, of which high mortgage rates [are] definitely part of that discussion and it's also being renter affordability," Palim says. "The Fed today came out and ratified... bond market investor concerns about whether inflation would be as stickier than it looked six months ago, or that they even looked at the beginning of the year. So you should expect mortgage rates to... remain a little higher than they might have otherwise been." Palim describes mortgage rates, a key component for the lock-in effect for homeowners, as being in a "tug-of-war" with housing affordability: "People don't want to move and give up that 3% mortgage rate and affordability. We started the year with existing home sales running at 4.2 million; we're ending the year running... around 4 million. So you're seeing the higher rates relative to where they were a few years ago really starting to affect demand." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.

CarMax (KMX) delivered earnings and revenue surprises of 30.65% and 3.89%, respectively, for the quarter ended November 2024. Do the numbers hold clues to what lies ahead for the stock?

New research commissioned by IBM (NYSE: IBM) found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward.

AbbVie (NYSE: ABBV) announced today that atogepant and onabotulinumtoxinA have received strong recommendations in the newly updated CHS Migraine Prevention Guideline: atogepant is strongly recommended in the treatment of episodic and chronic migraine, and onabotulinumtoxinA, in the treatment of chronic migraine (please refer to the guideline for the full recommendations). The 2024 version marks a crucial step forward in equipping healthcare professionals with the most current, evidence-based rec

Robinhood has come a long way financially since it burst onto the scene during the meme stock frenzy. Amid a tighter control on costs and new product introductions, Robinhood (HOOD) has become a profitable business with its eyes set on taking on legacy financial platforms. The stock has surged this year as the business has pivoted to growth mode. Hence, the company has won Yahoo Finance’s ‘Comeback of the Year’ award. Yahoo Finance Executive Editor Brian Sozzi talks with Mizuho senior analyst Dan Dolev about the future of the stock trading platform Robinhood. The company is becoming more than just a place to buy and sell stocks; think more of a wealth management player — and perhaps sports betting. Dolev is a bull on the stock and makes a compelling case for more upside after a big run-up this year. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website.

The Fed slashes rates by 25 basis points, as expected but provides a somewhat hawkish guidance.