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MARKETS  
Nintendo to announce new flagship Switch console this fiscal year
- Nintendo on Tuesday said that it would announce the successor to its flagship Switch console in the fiscal year ended March 2025, after the company forecast a sharp drop in profit. Nintendo said it sold 15.7 million units of its flagship Switch console in the year ended March 2024, beating its own forecasts. The company said it expects to sell 13.5 million Switch consoles in the fiscal year ended March 2025. In ...

Source: cnbc.com
BUSINESS   MARKETS  
Stocks making the biggest moves premarket: Walt Disney, Hims & Hers, Palantir and more
- Check out the companies making headlines before the bell: Walt Disney — The media giant slid more than 4% even after Walt Disney Company posted fiscal second-quarter earnings that beat expectations, bolstered by after narrowing streaming losses. Hims & Hers Health — The stock surged 14% after the telehealth consultation platform posted second-quarter revenue guidance that topped estimates. Hims & Hers ...

Source: cnbc.com
US   MARKETS  
Today's 15-year mortgage rates fall, while 30-year terms hold steady | May 7, 2024
- Thinking about taking out a mortgage loan? Here are the current mortgage rates and the top factors that influence them. Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The ...

Source: foxbusiness.com
US   MARKETS  
New York Fed: Public expects home prices to rise at rapid rate
- U.S. households expect home prices to increase 5.1% over the next 12 months, up from an expected 2.6% increase at the same time last year, the Federal Reserve Bank of New York reported in its most recent housing survey , part of its broader Survey of Consumer Expectations. The survey also found that respondents anticipate an average annualized price growth of 2.7% over the next five years. Respondents expect ...

Source: bankingjournal.aba.com
US   MARKETS  
Why you should consider credit card debt forgiveness this May
- Are you finding it difficult to financially cope with the rising prices of consumer goods and services? Are you using your credit cards to cover the cost of everyday purchases and making minimum payments to keep those cards active? Doing so can result in ever-growing credit card balances and minimum payments. And, those growing minimum payments will only exacerbate your financial hardship .  But, there are ...

Source: cbsnews.com
US   DIGITAL   MARKETS  
3 things we learned from Disney's latest earnings report
- More than 6 million people subscribed to Disney+ in the past three months, helping Walt Disney Co. post a surprise profit in its on-demand video streaming division, executives with the entertainment giant said Tuesday. The earnings boost comes after a rough 18 months at the House of Mouse. In early 2023, CEO Bob Iger announced that 7,000 jobs would be cut across the company as part of a broader plan to slash costs ...

Source: cbsnews.com