Home sales made a small gain to start the year, but higher mortgage rates now could throw cold water on the spring season. Existing home sales in February rose 1.7% from January to a seasonally adjusted, annualized rate of 4.09 million units, according to the National Association of Realtors. Sales were down 1.4% from February of …
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The all-important spring housing market is off and running, and while the pace isn’t expected to be strong, there are signs of optimism, at least among sellers. Some who gave up last year are jumping back in. Nearly 45,000 homes that were delisted last year were relisted for sale in January, according to Redfin, a …
Check out the companies making headlines before the bell. Grail — Shares cratered 47% after the company said a trial of one of its drugs missed its primary endpoint and failed to show statistically significant Stage III-IV cancer reduction. Blue Owl Capital — Shares slid nearly 3%, a day after after the private market and …
Check out the companies making headlines in after-hours trading. Akamai Technologies — Shares of the cloud computing company dropped almost 8% in the after-hours session after Akamai gave disappointing first-quarter guidance. Akamai said it sees first-quarter adjusted earnings ranging between $1.50 and $1.67 per share, compared to the $1.75 per share consensus estimate from analysts …