Finance news summaries — Page 17
Essential facts and source links for recent finance stories.
-
U.S. consumers report $45 a month in forgotten free-trial charges, survey finds
A Dimers survey of 2,000 U.S. consumers found 79% said they had signed up for a free trial, intended to cancel, then forgot and were charged. The reported average cost was $45 a month, or about $540 a year; monthly averages reached $98 in Washington and $90 in North Carolina. -
Kalshi seeks margin approval as its value hits $22B; FT says Trump Jr. received $300K in equity
Kalshi has asked the CFTC to let some users bet with borrowed funds, saying it could draw institutions to long-dated markets. The Financial Times reports Donald Trump Jr. received about $300,000 in equity in 2025. -
A brief move above 5% in the US 10-year yield revives the 6% debate
The US 10-year Treasury yield briefly crossed 5% this month, prompting investors to ask whether 6% could become a more important market stress point. JPMorgan says the stock-market breaking threshold may now be 5.5%-6%, but the brief move has not tested that view. -
Job security worries mount as millennials enter peak earning years
Glassdoor Senior Economist Daniel Zhao says millennials’ job anxiety is rising as they enter peak earning years. A figure raised in the interview puts at nearly 70% the share of millennials who delayed a major milestone, such as buying a home, because of career uncertainty. -
José Torres says AI slowdown could hit markets and trigger GDP contraction
Interactive Brokers economist José Torres said a slowdown in AI investment could leave markets with a down year and the economy with several quarters of GDP contraction; he also expects equity drawdowns and lower valuations if AI growth weakens. -
Whalen says higher rates could raise credit costs for banks
After the Fed’s first rate hike in over three years, Chris Whalen says higher rates, inflation and consumer pressure could raise banks’ credit costs by year-end. Most bank guidance signals slower Q3 trading, but Whalen expects it to remain positive for banks. -
VOO’s 10 largest holdings near 40%, their highest share since 1965
VOO, Vanguard’s S&P 500 ETF, now has nearly 40% of its value in its 10 largest holdings, the highest share since 1965. Nvidia alone accounts for over 8%; tech and AI leaders’ gains drove the concentration, leaving VOO more exposed to their performance. -
Meta shares gain 1% as analysts raise targets on Muse potential
Meta Platforms shares closed 1% higher Wednesday as analysts gave positive assessments of its new Muse AI agent. Two firms raised their price targets, citing Muse’s commercial potential, and maintained buy-equivalent ratings for the stock. -
Gary Cardone says Strategy’s STRC shares brought him about $750,000
Gary Cardone says Strategy’s STRC preferred shares earned him about $750,000. He says roughly $63,000 in monthly payouts helped him buy about 12 Bitcoin while keeping most of his capital out of crypto; he sees room for a pullback into the low-to-mid $70,000s. -
Motley Fool article makes Nvidia buy-now case with 94/100 Moneyball score
A Motley Fool article argues Nvidia shares are a buy now rather than a stock to wait on for a dip, citing a 94/100 score in the publication’s Moneyball ranking system and 106% year-over-year revenue growth in its latest fiscal quarter. -
Boeing CEO says stabilizing 737 MAX output at 47 a month is taking longer than expected
Boeing CEO Kelly Ortberg said stabilizing 737 MAX output at 47 aircraft a month is taking longer than expected, prompting a share selloff. Bank of America called the reaction excessive; reports say slower production could leave 2026 free cash flow near $2 billion, below some ін? -
Shiba Inu’s Q3 return reaches 35.1% so far, surpassing its prior best
CryptoRank data put Shiba Inu’s (SHIB) Q3 return at 35.1% through Sept. 23, above its previous third-quarter high of 9.64% in 2022; the quarter was still underway, and SHIB remained down 18% in 2026 and 93% below its 2021 all-time high. -
Uber’s free cash flow tops $10 billion as robotaxi fears weigh on shares
Uber’s market value fell nearly a third over the past year; shares closed at $69.89 on Sept. 22. Q2 bookings rose 22% in constant currency and trailing 12-month free cash flow topped $10 billion. Insider Monkey cites robotaxi fears, including Waymo’s exit. -
Qualcomm pitches two Snapdragon chips for on-device AI in premium Android phones
Qualcomm unveiled the Snapdragon 8 Elite Gen 6 and 8 Elite Extreme Gen 6, two smartphone chips it is pitching for on-device AI and AI agents. The chips are intended for premium Android phones, where downloaded models can run on the device rather than relying on cloud services. -
Leo Sun says he’d hold Vanguard’s VOO for 20 years
Motley Fool contributor Leo Sun says he would buy Vanguard’s S&P 500 ETF (VOO) for a 20-year hold, citing its 0.03% annual expense ratio and broad index exposure. He says investors would need to withstand sharp market declines to pursue long-term gains. -
October Fed hike odds rise to about 70%, lifting dollar to a nearly two-month high
The dollar index rose 0.51% to 101.06 after touching 101.23, its highest since July 29, as strong US activity and Fed warnings of further hikes lifted the chance of at least a 25-basis-point October increase to about 70%, from roughly 53% before the data. -
Target Hospitality plans $30 million buyback as TDR Capital entities sell shares
Target Hospitality said it would repurchase about $30 million in shares in connection with a September 10 offering close. TDR Capital-controlled entities sold 14 million shares for about $259 million at $18.50 each; the company sold no shares and received no proceeds. -
Xi's Washington trip to meet Trump will not include Chinese CEOs
Chinese CEOs will not accompany President Xi on his Washington trip to meet President Trump, Yahoo Finance Washington correspondent Ben Werschkul reported. The segment also discusses what their absence could mean for progress in China-US relations on AI. -
Insider Monkey favors Micron over Western Digital, citing long-term deals
Insider Monkey’s analysis favors Micron over Western Digital, citing higher profitability and signed supply deals through decade’s end amid AI-driven demand. It says Micron’s low valuation reflects fears that memory profits will fade; pricing into 2027 is a key test. -
BHP suspends Escondida after worker dies during maintenance
Operations at BHP’s Escondida mine in Chile, the world’s largest copper mine, were suspended Wednesday after a worker died while doing maintenance, the company said. BHP gave no restart date; the site’s union said a front-end loader was involved. -
Redburn raises Southwest to Neutral, keeps Delta and United at Buy
Rothschild & Co Redburn raised Southwest Airlines to Neutral from Sell on Sept. 18 and lifted its price target to $40 from $35, saying valuation had improved and gains from its product shift beat expectations. It kept Buy ratings on Delta and United. -
Costco’s Sept. 24 report may be the last to get much fee-hike lift
Costco is due to report fiscal 2026 fourth-quarter results after market close Sept. 24; net sales are already known at $93.9 billion, up 11.3% year over year. The September 2024 U.S. and Canada fee increase is nearly fully phased into results, potentially ending its major boost. -
Colgate-Palmolive exits S&P 100 but stays in S&P 500
S&P Global removed Colgate-Palmolive from the S&P 100 on Sept. 21 as faster-growing AI-related stocks eclipsed its $69 billion market cap—not because its share price was falling. It remains in the S&P 500, so funds tracking that index will continue buying its shares. -
Zumiez scales back fiscal 2026 closure plan to about 16 stores
Zumiez plans to close about 16 stores in fiscal 2026—10 in North America and six internationally, down from an earlier plan for 25. The retailer's second-quarter sales fell 2.5% to $209 million, with CEO Rick Brooks citing weak U.S. footwear sales and lower traffic. -
Motley Fool ties Tesla's $1.2 trillion valuation to Robotaxi and Optimus hopes
Motley Fool flags Tesla's slower growth, a possible competitive edge, and a $1.2 trillion valuation tied to Robotaxi and Optimus hopes. First-half 2026 auto revenue rose 24%; trailing 12-month company sales were only 10% above their level three years earlier. -
Apple Card Savings raises variable APY to 3.5%; existing accounts update automatically
Apple Card Savings raised its APY to 3.5% on Sept. 22, from 3.4%, partly reversing cuts in April and June. Existing accounts get the change automatically. A $1,000 balance held for a year would earn about $35 at 3.5%, versus $34 before, according to MacRumors. -
AutoZone’s quarterly earnings per share beat estimates, but revenue missed
AutoZone’s fourth-quarter revenue rose 5.6% to $6.59 billion, missing the $6.7 billion consensus, while earnings per share climbed 15.1% to $56.05, above the $53.84 estimate. Tariff refunds boosted gross margin by 145 basis points, a roughly $100 million windfall. -
Rafael Santana cuts his Westinghouse Air Brake stake by 2,183 shares in $612,000 sale
Westinghouse Air Brake Technologies CEO Rafael Santana sold 2,183 shares for $612,000 across Sept. 1 and 2, an SEC Form 4 filing shows. He held 117,242 shares directly afterward, valued at $32.8 million using the Sept. 2 closing price. -
TIC Solutions adds three businesses amid record backlog, net loss and $1.6B debt
TIC Solutions acquired we-do-IT, GeoVerra and Core Group on Aug. 18; the cash-funded deals add about $90 million in annualized revenue. Its backlog hit a record $1.18 billion in Q2, while the company reported a $13.3 million net loss and $1.6 billion in term debt.
