Market Chatter: White House Preparing to Make Anthropic Mythos AI Model Available to US Agencies

-- A White House official told Cabinet department officials that the Office of Management and Budget is setting up protections that will allow federal agencies to begin using Amazon-backed (AMZN) Anthropic's new AI model Mythos, Bloomberg reported Thursday, citing an email from OMB Chief Information Officer Gregory Barbaccia it reviewed.

Anthropic and the White House didn't immediately reply to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $249.29, Change: $+0.79, Percent Change: +0.32%

Pending Home Sales Log Biggest Drop in 12 Months as War, High Costs Hit Demand, Redfin Says

Pending home sales in the US posted the biggest drop in a year, as the Middle East conflict and high costs dampened demand, Redfin said Thursday.Sales fell 4.1% year over year to 86,665 units in the four weeks through Sunday, according to the online real estate brokerage. Sales decreased in all but seven of the 50 biggest US metro areas, led by a roughly 18% slump in Providence, Rhode Island. San Francisco saw the largest increase of 9.6%, the report showed."Would-be homebuyers are backing off partly because the Iran war is causing widespread geopolitical and economic uncertainty, making some Americans wary of making a big purchase," Redfin said in a report. "It has also contributed to higher mortgage rates."The average 30-year fixed mortgage rate reached 6.3% in the week ended Thursday, down from a six-month high two weeks earlier, Redfin said, citing Freddie Mac data. The median home-sale price was at $393,059 in the four weeks ended Sunday, up 2.3% year over year and the biggest increase in a year, according to the report.Since the start of 2026, home-touring activity was up 11% as of Sunday, compared with a 40% jump a year earlier, Redfin said, citing ShowingTime. The brokerage said this indicates "unseasonably slow" demand among buyers."Luxury buyers aren't letting the high interest rates dissuade them, but for buyers on a tighter budget, the difference can be enough to kill affordability," Stacey Bryant, a Redfin Premier agent, said. "Cost-conscious buyers are also jittery about the rising prices of other things -- like gas, food and energy -- cutting into their budgets."Energy prices have surged following the US-Israel war with Iran that started at the end of February, with the crucial Strait of Hormuz effectively closed. The White House is optimistic about reaching a deal with Iran, noting that a potential second round of talks would likely be held in Pakistan. Meanwhile, a two-week ceasefire between Washington and Tehran still holds."Mortgage rates may swing up or down in the next few weeks, depending on the direction of the Iran war, the outcome of negotiation talks and oil prices," Redfin said.

Bank of America's Q1 Results Could Support Re-Rating, UBS Says

Bank of America (BAC) reported "clean" Q1 earnings per share of $1.11, beating consensus of $1.02 and UBS estimate of $1.03, with the investment firm saying the results could support a re-rating but the upcoming earnings call and guidance will be key for sustained outperformance.The bank reported deposit costs of 1.99%, beating consensus by 7 basis points. UBS Securities said this is critical as Wells Fargo (WFC) missed on this front, and a differentiated path on deposit rates could be a breakout catalyst for Bank of America.Investment banking fee of $1.84 billion was in line with consensus and did not have the "beat factor" seen at Goldman Sachs (GS) and JPMorgan (JPM), with advisory, equity capital markets, and debt capital markets all coming in line, according to the note.Q1 pre-provision net revenue beat of 4% may not be as notable as at Citi (C), JPMorgan, and Goldman Sachs, the brokerage said in a Wednesday note. However, it is meaningful for a stock with an undemanding valuation. This is especially as expenses fell in line with guidance and the company generated 290 basis points of year-over-year operating leverage.UBS said guidance by the bank is "critical for share performance".The firm has a buy rating on Bank of America with a price target of $62.Price: $53.75, Change: $-0.57, Percent Change: -1.05%

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Westinghouse Air Brake Technologies Insider Sold Shares Worth $16,362,580, According to a Recent SEC Filing

Rafael Santana, Director, President, and CEO, on April 14, 2026, sold 60,852 shares in Westinghouse Air Brake Technologies (WAB) for $16,362,580. Following the Form 4 filing with the SEC, Santana has control over a total of 128,729 common shares of the company, with 128,729 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/943452/000162828026025450/xslF345X05/wk-form4_1776365965.xmlPrice: $255.90, Change: $-1.48, Percent Change: -0.58%

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Pending Home Sales Log Biggest Drop in 12 Months as War, High Costs Hit Demand, Redfin Says

Bank of America's Q1 Results Could Support Re-Rating, UBS Says

Westinghouse Air Brake Technologies Insider Sold Shares Worth $16,362,580, According to a Recent SEC Filing