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Sun Belt housing markets are so weak that homebuilder Lennar’s average home price is down 22%
Yahoo Finance· 2025-09-23 00:30
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Most Read from Fast Company For much of the past three years, Lennar, America’s second-largest homebuilder, has pursued an aggressive strategy: prioritize sales pace and market share, even if it meant slicing deeper into margins through price cuts and heavy incentives in the currently housing affordability strained market. That approach helped the company keep homes moving in softer Sun Bel ...
Coinbase & Bilt Partnerships Propel Cardless to $60M Series C, Aiming to Transform Credit Card Industry
Yahoo Finance· 2025-09-23 00:29
Cardless, a credit card platform allowing companies to design and launch branded credit cards in-house, announced the close of a $60 million Series C funding round led by Spark Capital. The new financing brings the company’s total capital raised to over $170 million to date. Other investors include Activant Capital, Industry Ventures, and Pear VC. Spark Capital, which has previously backed high-profile companies such as Slack, Coinbase, and Anthropic, shows the potential of Cardless to reshape the $200 b ...
A comprehensive list of 2025 tech layoffs
Yahoo Finance· 2025-09-23 00:28
Will eliminate 221 positions across its Milpitas and San Francisco offices, including 157 in Santa Clara County and 64 in San Francisco, effective October 13, according to filings with California’s Employment Development Department reported by the San Francisco Chronicle. The cuts are part of the company’s broader workforce-reduction strategy.Is trimming another 262 jobs at its San Francisco headquarters , according to a state filing, with layoffs set to take effect November 3. The move comes just weeks aft ...
UK and US to smooth capital markets access and crypto cooperation
Reuters· 2025-09-23 00:28
The governments of Britain and the United States will set up a body to reduce red tape for firms seeking to access capital markets on both sides of the Atlantic and improve cooperation on crypto assets, Britain's finance ministry said on Monday. ...
Nvidia is investing up to $100 billion in OpenAI as part of an AI data center deal
Business Insider· 2025-09-23 00:28
Nvidia and OpenAI are becoming strategic partners, and the chipmaker says it will invest up to $100 billion into the AI company. The two tech titans announced a deal on Monday that will see OpenAI build out "at least 10 gigawatts" of AI data centers running Nvidia systems."Nvidia and OpenAI have pushed each other for a decade, from the first DGX supercomputer to the breakthrough of ChatGPT," Nvidia CEO Jensen Huang said in a release. "This investment and infrastructure partnership mark the next leap forwar ...
Apple Stock Has More Upside: Analyst Says 'The Street is Clearly Underestimating This iPhone Cycle'
Benzinga· 2025-09-23 00:28
Apple Inc AAPL is showing strong early demand for the iPhone 17, leading to analysts highlighting more upside in shares.AAPL stock is up today. See the market dynamics here.The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple with a $270 price target.Wedbush analyst Dan Ives maintained an Outperform rating on Apple and raised the price target from $270 to $310.Bank of America on AAPL: With iPhone lead times trending higher, Mohan said Apple should be a leader in AI.Mohan ...
Pfizer buys monthly GLP-1RA developer Metsera for $4.9bn
Yahoo Finance· 2025-09-23 00:26
Pfizer has acquired Metsera for $4.9bn, as the drugmaker targets longer-lasting glucagon-like peptide-1 receptor agonists (GLP-1RAs) to cement market share in the burgeoning weight loss treatment sector. Pfizer has agreed to buy all of Metsera’s shares for a price of $47.50 each, representing a 43% premium to Metsera’s closing share price of $33.32 on 19 September. The deal, forecast to close in Q4 2025, also includes potential additional payments of up to $22.50 per share in cash tied to three specific c ...
Sugar Prices Weighed Down by Abundant Global Supplies
Yahoo Finance· 2025-09-23 00:25
October NY world sugar #11 (SBV25) today is down -0.11 (-0.71%), and December London ICE white sugar #5 (SWZ25) is down -3.30 (-0.72%). Sugar prices are sliding today, with London sugar posting a new 4-year low.   Sugar prices have been sliding over the past six months, with NY sugar slumping to a 4.25-year nearest-futures low last Thursday on ramped-up sugar production in Brazil.  Last Wednesday, Unica reported that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 ...
Tom Lee's BitMine Buys $1.1 Billion in Ethereum and Sells Stock, Shares Fall 10%
Yahoo Finance· 2025-09-23 00:25
Nasdaq-listed Bitcoin miner BitMine Immersion bought more Ethereum last week, bringing its total holdings to 2.42 million ETH after its biggest buy so far in September. But its stock price is down on the day, following both the ETH purchase announcement and a new share sale. The firm, which pivoted in May from Bitcoin mining to raising money to buy ETH, now holds over $10 billion in the second-largest digital coin by market cap—or 2% of the total supply. BitMine holds the largest Ethereum treasury of any pu ...
RCI ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against RCI Hospitality Holdings, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-23 00:25
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In RCI (RICK) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in RCI between December 15, 2021 and September 16, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 22, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bra ...