US Housing Affordability Nears Worst Level Since Financial Crisis as J.P. Morgan Says Market Is Effectively ‘Frozen’
J.P. Morgan says U.S. housing affordability is near its worst level since the financial crisis as the market remains frozen.
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Broadcom pairs custom AI chips with multi-billion financing deals as analysts warn of growing debt exposure. Check AVGO stock.
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J.P. Morgan says U.S. housing affordability is near its worst level since the financial crisis as the market remains frozen.
Broadcom seeks over $50 billion in financing for OpenAI chips, while Oracle pursues funding for a separate large-scale chip purchase.
https://www.wsj.com/tech/oracle-broadcom-and-spacex-seek-blockbuster-debt-deals-to-pay-for-ai-chips-848e8032
Treasury yields hit 5.3% and oil tops $91, pressuring tech stocks as Marvell outlines aggressive long-term AI growth targets.
Diraq, a quantum computing company, has been selected by DARPA to advance to Stage C of the Quantum Benchmarking Initiative, the final stage of evaluating quantum computing approaches for utility-scale operation by 2033. The company will receive an initial $51 million tranche with up to $300 million total funding to validate its silicon-based quantum computing systems. Diraq plans to deploy the world's first silicon spin quantum computer in a commercial data center at Equinix in Sydney before the end of 2026 and aims to achieve utility scale by 2031 with over 2 million physical qubits.
https://www.bloomberg.com/news/articles/2026-10-06/waymo-boosts-private-debt-deal-to-5-billion-in-push-for-growth