Track market-moving stories before they get noisy

Amgen NASDAQ: AMGN executives said the company's first-quarter performance supports its view that 2026 can serve as a “springboard year,” with growth products helping offset increased competition for the denosumab franchise and other losses of exclusivity.

MariTide's less frequent dosing could help AMGN carve out a place in the rapidly expanding obesity drug market.

Amgen said it has signed up a research firm to independently review data for its drug, Tavneos, as it seeks to ​prove its benefits following the U.S. health regulator's ‌proposal to withdraw it from the market.

Law Offices of Howard G. Smith continues its investigation on behalf of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: [url="]UPWK[/url]) investors co

NEW YORK, May 21, 2026 (GLOBE NEWSWIRE) -- Shareholders who held Upwork Inc. (NASDAQ: UPWK) stock lost approximately 19% of their investment value when shares plunged after the Company reported Q1 2026 earnings that fell short of consensus estimates and cut its forward guidance.

NEW YORK, May 21, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Upwork Inc. ("Upwork" or the "Company") (NASDAQ: UPWK). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.

NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) --  Pomerantz LLP is investigating claims on behalf of investors of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK). Such investors are advised to contact Danielle Peyton at [email protected]  or 646-581-9980, ext. 7980.

NEW YORK, May 28, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Upwork Inc. ("Upwork" or the "Company") (NASDAQ: UPWK).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.

[url="]The Schall Law Firm[/url], a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Upwork Inc.

NEW YORK, June 4, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Upwork Inc. ("Upwork" or the "Company") (NASDAQ: UPWK). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.

LOS ANGELES, June 8, 2026 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Upwork Inc. ("Upwork" or "the Company") (NASDAQ: UPWK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK). Such investors are advised to contact Danielle Peyton at  [email protected]  or 646-581-9980, ext. 7980.

LOS ANGELES, June 11, 2026 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Upwork Inc. ("Upwork" or "the Company") (NASDAQ: UPWK) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SEATTLE--(BUSINESS WIRE)--The median home sale price in the San Francisco metropolitan area jumped 14.4% year over year in March to a record $1.7 million, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's the largest increase since March 2018 and the biggest gain among the 50 most populous metro areas. San Francisco has now reclaimed its title as the major U.S. metro with the highest home prices, eclipsing neighboring San Jose, which held that title for.

SEATTLE--(BUSINESS WIRE)--38 of the most populous U.S. metropolitan areas were buyer's markets in March, up from 29 a year earlier. Just five were seller's markets, down from nine in 2025. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Redfin analyzed the 50 most populous metros and included in this analysis the 49 with sufficient data. Redfin defines a market where there are over 10% more sellers than buyers as a buyer's market and a market where the.

SEATTLE--(BUSINESS WIRE)--Nearly 53,000 U.S. home-sale agreements fell through in March, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's equal to 13.4% of homes that went under contract that month—up from 12.5% a year earlier—and tied with 2023 as the highest March share on record aside from 2020, when the uncertainty surrounding the start of the pandemic caused many buyers to back out of deals. This is based on a Redfin analysis of MLS pending-sales d.

SEATTLE--(BUSINESS WIRE)--U.S. pending home sales hit their highest level since September 2022 during the four weeks ending May 3, according to a new report from Redfin, the real estate brokerage powered by Rocket. They rose 7.7% year over year on a seasonally adjusted basis. There are a few reasons homebuyers are coming off the sidelines: Housing costs came down temporarily. The median U.S. housing payment declined 2.2% year over year as mortgage rates ticked down. Rates fell to 6.23% last wee.

SEATTLE--(BUSINESS WIRE)--Nearly half (44%) of U.S. residents would prefer a smaller home with more sunlight over a larger home with less sunlight, according to a new report from Redfin (redfin.com), the real estate brokerage powered by Rocket. Roughly half as many (24%) would prefer the opposite: A larger, dimmer home over a smaller, brighter home. This is according to a Redfin survey of 1,005 U.S. residents conducted by Ipsos in March 2026. Baby Boomers Care Most About Sunlight Over Square Fo.

SEATTLE--(BUSINESS WIRE)--The median U.S. home sale price rose 2.4% year over year—the biggest increase since March 2025—as house hunters came off the sidelines amid a stabilizing job market. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The April jobs report showed stronger-than-expected hiring, reducing recession risk. This likely helped fuel a pop in housing demand. Pending home sales hit the highest level since February 2023 last month, rising 2%.

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New survey finds 83% of prospective home sellers are interested in premarketing their home before a broad market debut

SEATTLE--(BUSINESS WIRE)--Redfin today launched Redfin Early Access, a new search category featuring homes buyers won’t find on other major real estate sites. Redfin Early Access includes homes that are only on Redfin, plus pre-market listings from Compass International Holdings’ portfolio of brands through the companies’ exclusive national partnership. Buyers can now find thousands of Redfin Early Access homes on Redfin.com, giving them an early look at homes they can’t find elsewhere, while helping sellers test pricing and demand before a broader market debut.

“A lot of homeowners want to sell, but are not ready to commit to full exposure,” said Redfin Chief of Real Estate Services Jason Aleem. “Giving sellers more control over how they enter the market gives them more confidence. Redfin Early Access lets sellers test the market before going all-in, while giving buyers a first look at homes they won’t find on other major sites. That’s good for sellers, good for buyers and good for a housing market that desperately needs more inventory.”

Redfin Early Access listings do not accrue days on market or publicly display price-drop history, giving sellers and agents the ability to test pricing, gauge buyer demand and refine their strategy before listing more broadly. Redfin Early Access listings get premium placement in search results and are denoted by special icons, so buyers know when a home is unique to Redfin.

All visitors to Redfin’s site and app can browse Redfin Early Access listings in search results, favorite and share homes, and connect with the listing agent to learn more or schedule a tour. Buyers can save a search on Redfin and get instant notifications for Redfin Early Access listings that match their criteria.

Redfin Early Access launches as a Redfin survey finds that 83% of prospective home sellers are interested in listing their home as “coming soon” before a broad market debut. The April survey of 1000 U.S. homeowners suggests many sellers want a lower-pressure way to test the market. Of homeowners who plan to list their home in the future:

84% say greater certainty their home would sell would make them more likely to list 84% say a more private first step is appealing 66% say a clearer sense of what their home would actually sell for would motivate them to list 56% say the ability to test pricing is a benefit of a ‘coming soon’ approach A recent Redfin analysis estimates that giving homeowners more flexibility to test the market could increase housing inventory as much as 12%.

Visit https://www.redfin.com/early-access to learn more and discover thousands of Redfin Early Access listings.

About Redfin

Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.

You can find more information about Redfin and get the latest housing market data and research at https://www.redfin.com/news. For more information about Rocket Companies, visit https://www.rocketcompanies.com.

More News From Redfin

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SEATTLE--(BUSINESS WIRE)--Just over 47,000 U.S. home-sale agreements fell through in April, equal to 13.4% of homes that went under contract that month. That's down incrementally (-0.1 percentage points) from a month earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket. It's also tied with January for the lowest level of contract cancellations since September 2024, though the level has varied by less than half a percentage point over the last year and a ha.

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Someone in their late fifties or early sixties is looking at Sarasota, doing the napkin math, and wants to know if $5,500 a month actually works there. Sarasota sits in a strange middle zone: cheaper than Naples, pricier than Ocala, and saddled with a cost structure that has changed meaningfully in recent years. Here is what the budget really has to absorb, and what would have to be true on your balance sheet for it to hold.

What $66,000 a Year Actually Buys in Sarasota $5,500 a month is $66,000 a year. Florida overall runs about 3.4% above the national cost-of-living average, and Sarasota sits above the Florida average. The headline savings on income tax are real (Florida ranks 4th nationally on tax competitiveness with no individual income tax), but housing and insurance eat into them.

Housing is the swing factor. Zillow (NASDAQ:Z | Z Price Prediction) puts the typical Sarasota home value at around $413,000, down roughly 6% over the past year, while Redfin (NASDAQ:RDFN)’s median sale price runs substantially higher at nearly $686,000. If renting, expect a one-bedroom in the $1,700 range and a two-bedroom around $2,100 to $2,300, depending on location and amenities.

A workable monthly budget for a couple, home paid off:

Property taxes, HOA, and maintenance reserve: $850 Homeowners and wind insurance: $700 (Sarasota averages roughly $6,826 a year for $300K dwelling coverage) Utilities, internet, phones: $400 Groceries on the USDA moderate plan for two: $850 Healthcare premiums and out-of-pocket for two on Medicare: $850 (standard Part B is $202.90 per person in 2026, plus Medigap, Part D, dental) Transportation, fuel, insurance, vehicle reserve: $550 Dining out, recreation, gifts, travel: $700 Miscellaneous, federal taxes on withdrawals, emergency reserve: $600 That lands at $5,500 with no slack. It works only if the house is yours, the cars are reasonable, and you are disciplined about hurricane-season insurance shopping.

The Portfolio Math, With Social Security Doing Real Work The average retired-worker Social Security check was about $2,081 a month in April 2026, and benefits rose 2.8% under the 2026 COLA. For a two-earner couple with average histories, household Social Security lands near $4,160 a month, or roughly $50,000 a year.

Subtract that from $66,000 and the portfolio has to generate about $16,000 a year. At a 4% withdrawal rate, that is a $400,000 nest egg. At a more conservative 3.5%, closer to $460,000. With the 10-year Treasury yielding roughly 4.45%, a laddered treasury and dividend-ETF sleeve can carry most of that gap without forcing equity sales in a down year.

If you claim at 62 rather than full retirement age, your benefit drops by roughly 30%, and the portfolio has to do dramatically more work. Each year you delay past full retirement age to 70 lifts the check by about 8%, which is the single highest-return move available to most retirees in this scenario. Delaying just one earner’s claim from 67 to 70 can shave $80,000 to $100,000 off the required portfolio.

The Insurance Problem to Budget For Most Sarasota retirement math misses this: the budget above assumes homeowners insurance holds near current levels. It will not. Florida’s wind and hurricane insurance market has been the most volatile in the country, with premiums in coastal Sarasota County rising faster than general inflation for several years. Headline CPI is sitting at 2.1% year-over-year, but your insurance line item tracks reinsurance pricing and named-storm frequency, which move on a different cycle than headline inflation.

Run a 25-year retirement at 8% annual insurance inflation, and that $700-a-month line becomes the largest item in your budget by your mid-seventies, displacing groceries, travel, and the maintenance reserve. Protective moves are concrete: buy inland of I-75 rather than west of US-41, choose post-2002 construction with wind-mitigation credits, keep the deductible high, and treat any year you can self-insure for wind as found money to bank for the year you cannot.

Two Costs That Don’t Show Up in Most Retirement Calculators Condo Assessments: Many retirees choose condos to reduce maintenance, but special assessments can create unexpected costs. Florida’s newer reserve and inspection requirements have led some associations to levy assessments for roofs, concrete repairs, elevators, and other major projects. Before buying, review the association’s reserves and assessment history as carefully as you review the property itself.

Healthcare Costs: The budget above assumes relatively stable healthcare spending. In reality, Medicare premiums, Medigap coverage, dental work, hearing aids, long-term care needs, and prescription costs often rise as retirees move through their seventies and eighties. Healthcare inflation rarely arrives in a straight line, but over a 20- to 30-year retirement it can become as important as housing and insurance costs.

What Would Have to Be True $5,500 a month in Sarasota works if three things line up: you arrive with the house paid for or close to it, your household Social Security clears roughly $50,000 a year (which usually means at least one spouse delaying past full retirement age), and you hold a portfolio in the $400,000 to $500,000 range invested across treasuries, broad index funds, and dividend ETFs, supporting an initial withdrawal rate near 4%.

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Redfin reports high housing costs and economic instability are driving would-be buyers away

SEATTLE--(BUSINESS WIRE)--The median U.S. home-sale price hit a record $400,894 during the four weeks ending June 7, up 1.5% year over year. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.

That marks the first time the typical American existing home has sold for over $400,000, according to a Redfin analysis of MLS data.

Monthly payments are historically high, too. The typical monthly payment was $2,619, just $8 shy of late May’s 11-month high. Stubbornly high home prices, combined with mortgage rates in the mid-6% range, are propping up monthly housing payments.

High housing costs are pushing many would-be homebuyers to the sidelines. Pending home sales fell 0.6% from a week earlier, the fourth straight week of declines. Widespread economic uncertainty is also driving prospective buyers away; many Americans are jittery about the Iran war, inflation and the possibility of a Fed rate hike, among other financial ups and downs.

Home prices are rising despite slow homebuying demand. Even though there are more sellers than buyers in the market, new supply is tight enough that prices are staying propped up as some would-be sellers opt to keep their homes off the market as demand slows. The total number of homes for sale was essentially flat week over week, while new listings rose 0.4%. Another reason prices keep rising is that today’s sale prices stem from deals that were negotiated in April and early May, when mortgage rates were lower and demand was a bit stronger.

“Crossing the $400,000 threshold is a reminder of how difficult it is to break into homeownership for many Americans—and rising prices of other things is making it even harder,” said Chen Zhao, Redfin’s head of economics research. “There are a few bright spots, though. Price growth has lost some steam over the last month, and prices aren’t rising nearly as fast as they were last year. And the high costs of purchasing a home are keeping many buyers out of the market, which has led to a historic buyer’s market in most of the country. So even though prices are high, in many markets—especially places like Nashville and Austin, which were once red hot—the door is open for buyers to negotiate with sellers, ask for concessions and get the terms they want.”

For Redfin economists’ takes on the housing market, please visit Redfin’s “From Our Economists” page.

Leading indicators

Indicators of homebuying demand and activity

Value (if applicable)

Recent change

Year-over-year change

Source

Daily average 30-year fixed mortgage rate

6.67% (June 10)

Up from 6.57% a week earlier

Down from 6.95%

Mortgage News Daily

Weekly average 30-year fixed mortgage rate

6.48% (week ending June 4)

Down from 6.53% a week earlier

Down from 6.85%

Freddie Mac

Mortgage-purchase applications (seasonally adjusted)

Up 7% from a week earlier (as of week ending June 5)

Up 4%

Mortgage Bankers Association

Google searches of “homes for sale”

Highest level since July 2025 (as of June 4)

Up more than 20%

Google Trends

Touring activity

Up 26% from the start of the year (as of June 4)

At this time last year, it was up 40% from the start of 2025

ShowingTime

Key housing-market data

U.S. highlights: Four weeks ending June 7, 2026

Redfin’s national metrics include data from 900+ U.S. metro areas and are based on homes listed and/or sold during the period. Weekly housing-market data goes back through 2021. Subject to revision.

Four weeks ending June 7, 2026

Year-over-year change

Notes

Median sale price

$400,894

1.5%

Median asking price (seasonally adjusted)

$402,664

1.3%

Median monthly mortgage payment (seasonally adjusted)

$2,619 at a 6.48% mortgage rate

-1.6%

Pending sales (seasonally adjusted)

338,804

4%

New listings (seasonally adjusted)

364,759

1.1%

Active listings (seasonally adjusted)

1,488,214

0.5%

Months of supply

3.3

-0.2 pts.

4 to 5 months of supply is considered balanced, with a lower number indicating seller’s market conditions

Share of homes off market in two weeks

37.7%

Essentially unchanged

Median days on market

39

+1 day

Share of home listings with price drops

19.4%

Down from about 21%

Share of homes sold above list price

28.2%

Down from 29%

Average sale-to-list price ratio

99%

Down slightly

Metro-level highlights: Four weeks ending June 7, 2026

Redfin’s metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure data accuracy.

Metros with biggest year-over-year increases

Metros with biggest year-over-year decreases

Notes

Median sale price

San Francisco (11.1%)

Pittsburgh (9%)

Newark, NJ (7.6%)

Nassau County, NY (6.7%)

St. Louis (6.6%)

San Antonio (-3.4%)

San Jose, CA (-2.8%)

Orlando, FL (-1.5%)

Portland, OR (-1.1%)

Seattle (-0.9%) 

Declined in 8 metros

Pending sales

West Palm Beach, FL (28.8%)

San Francisco (28.8%)

Milwaukee (14.6%)

Austin, TX (12.9%)

Boston (11.8%)

Houston (-12.8%)

Seattle (-12%)

Denver (-5.1%)

Atlanta (-4%)

Tampa, FL (-3.2%)

New listings

Baltimore (11%)

Philadelphia (10.8%)

Montgomery County, PA (10.7%)

Boston (10.4%)

Chicago (8.9%)

Dallas (-12.4%)

St. Louis (-12.3%)

Riverside, CA (-11.6%)

Nassau County, NY (-7.4%)

Tampa, FL (-6.5%) 

To view the full report, including charts, please visit: https://www.redfin.com/news/housing-market-update-record-high-home-prices-sales-decline

About Redfin

Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.

You can find more information about Redfin and get the latest housing market data and research at https://www.redfin.com/news. For more information about Rocket Companies, visit https://www.rocketcompanies.com.

More News From Redfin

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NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, today reported financial results for the three months ended March 31, 2026 (“First Quarter 2026”). Unless otherwise noted, percentage and other changes are relative to the three months ended March 31, 2025 (“First Quarter 2025”).

Teladoc (TDOC - Free Report) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to a loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -13.82%. A quarter ago, it was expected that this telehealth services provider would post a loss of $0.19 per share when it actually produced a loss of $0.14, delivering a surprise of +26.32%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Teladoc, which belongs to the Zacks Medical Services industry, posted revenues of $613.85 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.25%. This compares to year-ago revenues of $629.37 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Teladoc shares have lost about 14.3% since the beginning of the year versus the S&P 500's gain of 4.3%.

What's Next for Teladoc?While Teladoc has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Teladoc was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.23 on $624.65 million in revenues for the coming quarter and -$0.89 on $2.51 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Aclarion, Inc. (ACON - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026.

This company is expected to post quarterly loss of $1.55 per share in its upcoming report, which represents a year-over-year change of +83.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Aclarion, Inc.'s revenues are expected to be $0.03 million, up 50% from the year-ago quarter.