Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The rate on a 30-year fixed refinance rose to 7.06% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 6.03%. For 20-year mortgage refinances, the average rate is … Read more
By Michael Kim NASDAQ:DEFT READ THE FULL DEFT RESEARCH REPORT Pre-market open on 5/14/25, DeFi Technologies (NASDAQ:DEFT) reported 1Q25 earnings results. On an IFRS basis, DEFT reported net income per share of $0.08, or meaningfully above our $0.04 estimate. While mark-to-market noise makes actual vs. estimate analysis a bit more challenging, we note core revenue … Read more
By Michael Kim NASDAQ:CCLD READ THE FULL CCLD RESEARCH REPORT Pre-market open on 5/6/25, CareCloud (NASDAQ:CCLD) reported 1Q25 earnings results. For the quarter, CCLD reported GAAP net income of $1.9 million – the company’s fourth consecutive positive net income quarter, and a reversal from a net loss of $0.2 million for the year-ago quarter. After … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The rate on a 30-year fixed refinance rose to 6.96% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.91%, and for 20-year mortgages, the average is … Read more
PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as maintaining the grid. Related: Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of … Read more