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Mortgage Rates Near 7%: Homebuilder ETFs May Hold Up Better Than REIT Funds

by Chandrima Sanyal | May 20, 2026 | General

Investors are starting to differentiate between homebuilder ETFs and broader real estate funds. The average rate on the 30-year fixed mortgage surged to 6.75% Tuesday, according to Mortgage News Daily. It hasn’t been that high since July 31, 2025. The sharp move...

Bristol-Myers Squibb-Anthropic AI Deal Targets Faster Drug Discovery

by Vandana Singh | May 20, 2026 | General

Bristol-Myers Squibb Co. (NYSE:BMY) shares are trading higher on Wednesday as the company is announcing a strategic agreement with Anthropic to deploy AI across its operations. The collaboration aims to enhance the discovery and development of new medicines,...

Immunovant Stock Surges Despite Disappointing Earnings Miss

by Evette Mitkov | May 20, 2026 | General

Immunovant Inc (NASDAQ:IMVT) shares are trading higher on Wednesday even though the company posted a wider fourth‑quarter loss than analysts expected. Immunovant shares are testing new highs. Why are IMVT shares at highs? Strong Trial Results Take Center Stage The...

Price-Weary Shoppers Are Flocking To TJX In Droves

by Nabaparna Bhattacharya | May 20, 2026 | General

TJX Companies, Inc. (NYSE:TJX) stock rose Wednesday after the off-price retailer reported first-quarter results that topped Wall Street expectations and raised its full-year earnings outlook. Investor sentiment also improved after the company posted broad-based...
SoFi Stock Edges Higher Wednesday: What’s Driving The Action?

SoFi Stock Edges Higher Wednesday: What’s Driving The Action?

by Henry Khederian | May 20, 2026 | General

SoFi Technologies Inc (NASDAQ:SOFI) is trading higher on Wednesday as risk appetite improves across equities and traders continue to test whether the post-earnings pullback is finally stabilizing near recent lows. SoFi Technologies shares are advancing steadily. Why...
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