What’s behind all the volatility in the bond market, plus Amazon lifts stocks

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network

The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.

Apple to buy Pixelmator, the iPhone image editing app with AI features

Pixelmator said there “will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time.”

Here’s where the jobs are for October 2024 – in one chart

The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy.

IRS unveils IRA contribution limits for 2025

The IRS has announced IRA contribution limits for 2025. Here’s what investors need to know.

Marc Benioff is in talks to sell media company Time to Antenna Group

Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.

Amazon shares pop on earnings beat, cloud growth

The company’s cloud and advertising units showed strong growth.

Amazon shares jump 6% after earnings beat

Amazon’s latest upbeat results were driven by growth in cloud and digital advertising.

Trump targets Washington Post, CBS with long-shot legal actions over Harris coverage, ads

The Donald Trump legal bids against CBS and The Washington Post came days before the election between the GOP nominee and his Democratic rival, Kamala Harris.