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Qualcomm takes a big tax charge that hits earnings, and the stock falls

The chip company’s results were upbeat when excluding the charge, with its CEO cheering strong business momentum and new opportunities in data centers
Lucid misses Wall Street expectations, cuts production guidance again
Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia’s Public Investment Fund.
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The age of the typical home buyer is at an all-time high — 59. Here’s how that’s reshaped demand in the housing market.

The current market is so unaffordable that the only people able to buy and sell houses tend to be older, wealthy or both.
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As bubble debate rages, a new study finds why companies are getting stuck by the AI productivity paradox

Companies do benefit from attracting AI workers, but only from lean organizations, study finds
Cava cuts full-year forecast, in another warning sign for fast-casual restaurants
The Mediterranean chain reported same-store sales growth of 1.9% and flat traffic for the third quarter.
McDonald's is about to report earnings. Here's what to expect
McDonald’s stock has risen just 3% this year, as investor concerns about the restaurant industry and the broader economy have weighed on shares.
‘It’s survival math every month’: The rent crisis that got Zohran Mamdani elected goes far beyond New York City

The mayor-elect built his campaign around rent affordability. But the same issue applies across the country, according to experts — and the many people struggling to pay their rent each month.



