← /news·[MARKETS]·JUL 03·2 min read

Mike Kortas Launches evoLend, a GSE-Approved Mortgage Servicer Built to Keep Loan Officers in the Borrower Relationship

Mike Kortas has launched evoLend, a mortgage servicing company operating out of Dorado, Puerto Rico, with approvals from Fannie Mae, Freddie Mac, and Ginnie Mae already in hand.

$Tomas Reyes·NewsNTech

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Tesla shares slide 11% as discount pricing squeezes profits while capex doubles on AI and robotics push

The unit economics of vehicle manufacturing leave little room for price concessions.

Owen Gallagher·2 minJUL 25

[MARKETS]02

AI spending signals send Tesla and Alphabet sharply lower

The constraint investors are now explicitly pricing is this: artificial intelligence infrastructure spending accrues upfront, at scale, and the revenue it is supposed to generate arrives later, with significant uncertain…

Marcus Cole·2 minJUL 25

[MARKETS]03

Cloud gaming's subscriber acquisition gap pushes Amazon and Microsoft toward separate models

The first-session gap has defined the ceiling for cloud gaming since the category emerged: to reach a new player, a service must clear the hardware prerequisite and the subscription decision before a single session occur…

Mara Whitfield·2 minJUL 25