SPCE missed on earnings and revenue Key Takeaways Virgin Galactic’s loss per share was double what analysts expected. The company reported its fourth consecutive quarter of zero revenue. VSS Unity is ready to begin pre-flight procedures as the company evaluates the timing of the next flight test. Virgin Galactic EarningsContinue Reading


Treasury yields are basically the rate investors are charging the U.S. Treasury for borrowing money. These rates vary over different durations, forming the yield curve. Treasury Yields, particularly the 10-year yield, are seen as being reflective of investor sentiment about the economy. Prices and yields move in opposite directions. WhenContinue Reading


Investors around the world have wondered for years who would take the reins of Berkshire Hathaway (BRK.A, BRK.B), once its current, 90-year-old CEO (and the world’s sixth-richest man) Warren Buffett passes away or retires. On May 1, 2021, they got their answer. At the annual shareholders’ meeting, Executive Vice Chairman of Berkshire Hathaway Charlie MungerContinue Reading


Significant drop Friday brings mortgage rates lower Friday saw mortgage rates transforming the week from quiet to suddenly lower, with almost all major mortgage types setting new low averages for the last 14 days. For some loan types, the new rates are at their lowest level since February. National AveragesContinue Reading