Corporate Actions
Rising mortgage rates could put a chill on housing. A 30-year loan is averaging 3.5%, up from 3% just last month. If rates keep rising as the Federal Reserve tightens monetary policy, housing stocks will struggle as home loans grow less affordable. The outlook doesn’t look great for mortgage originators either, with volumes likely to […]
0
Do traders in Meta Platforms inventory know one thing that the remainder of Wall Avenue doesn’t? For the reason that firm modified its identify from Fb FB, +1.28% in late October, the inventory is up 8%. But there’s been no corresponding improve within the consensus estimate of the corporate’s future earnings. Quite the opposite, the […]
-
Pages
KVSP
Opinion: Facebook can change its name to Meta Platforms or anything else, but its current leadership cannot be trusted
ABC Audio All Rights Reserved
December 22, 2021
When you watch a magician wave his right hand in a flourish, keep an eye on his left, because that’s usually where the real action is. This lesson is certainly true of Facebook’s own recent “magical” flourishes. First, Facebook unveiled a new name — Meta Platforms FB, -1.12% — as part of its project to […]