Otis service business recovery hinges on retention and margins
Otis is adding $50 million to service operations after retention weakened, putting its defensive-stock case to a practical test.
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Section
Stocks
S&P 500 options surge coincides with record call trading and a lower VIX
The S&P 500 rose 3.6% in the week ending Aug. 7 as record call trading highlighted bullish demand and the VIX retreated.
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SaaSpocalypse software stocks split as earnings sharpen AI debate
Atlassian and Twilio rallied while HubSpot fell, showing investors are weighing earnings and guidance against AI disruption risk.
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Long-term unemployment fell in July 2026, but economists see a warning sign
Fewer Americans were unemployed for 27 weeks or more in July, but economists say some may have stopped looking for work.
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Why AI stocks rebounded after the Situational Awareness unwind
Reports of a forced hedge-fund sale coincided with an AI-stock rebound, while earnings and spending plans offered a separate catal...
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Trump revives Lisa Cook firing effort over mortgage allegations
The White House is again weighing the removal of Fed Governor Lisa Cook, reopening a fight that courts had paused.
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Trump Iran deal signals lift markets even as no agreement emerges
Trump and Treasury Secretary Scott Bessent pointed to a quick Hormuz deal, lifting stocks and lowering oil, but Iran described sep...
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AI agents crypto payments are the next infrastructure bet for exchanges
Kraken, Coinbase and Circle are building agent-focused tools, but proof of new crypto payment demand has yet to emerge.
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Russ Savage says he built Celsius stake and wants to replace CEO John Fieldly
Rockstar founder Russ Savage says he owns roughly 4.7% of Celsius and wants the CEO role after the company missed quarterly expect...
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Doximity stock surge follows earnings beat, AI-search claims and short covering
Doximity shares more than doubled in premarket trading after earnings, a higher outlook and management’s AI-search economics claim...
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Delta and United basic business class fares test corporate travel policies
Companies are weighing Delta and United’s cheaper premium tickets against change fees, lost perks and the cost of disrupted trips.
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Homes selling below asking in 38 major U.S. markets, Redfin data shows
June data shows average sale prices below list in 38 large metros, but record home prices and 6.49% mortgage rates still squeeze b...
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