FINANCE

  • What The Housing Market Could Look Like If Donald Trump Wins The 2024 Presidential Election

    What The Housing Market Could Look Like If Donald Trump Wins The 2024 Presidential Election According to experts and recent data, Donald Trump’s potential reelection could reshape the U.S. housing market amid soaring mortgage rates and escalating home prices. The current state of the housing market, characterized by two-decade high borrowing costs and record home prices, is straining affordability for…

    Read More »
  • Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here’s what 5 forecasters are saying about a potential crash.

    bunhill/Getty Images Stocks have been on a tear but there are still bears sounding alarms of a bubble about to pop. Bearish forecasters predict a crash as lofty valuations come back down to earth. S ome big-name investors say stocks are flashing a number of warnings that a sharp pullback is near. Stocks just keep climbing in 2024, but the…

    Read More »
  • Elon Musk wins Tesla shareholder battle to keep his record-breaking pay

    Tesla (TSLA) shareholders re-approved Elon Musk’s record-breaking pay pact and signed off on a new Texas incorporation, a show of support for the CEO as he fights legal battles on multiple fronts. “Hot damn I love you guys,” Musk said after the votes were tabulated, while speaking at the company’s annual shareholder meeting in Austin, Texas. The company did not…

    Read More »
  • Nvidia stock rises after 10-for-1 stock split

    Nvidia stock (NVDA) began trading Monday on a new 10-for-1 split basis, revising the shares’ Friday closing price of $1,208.88 to $120.88. The stock closed up nearly 1% in its first day following the split. The split means that owners of Nvidia common stock held as of the close of market on Thursday received 10 shares for each one share…

    Read More »
  • Public Storage (PSA) Stock Forecasts

    Summary Public Storage, based in California, is a REIT that operates self-storage facilities. The company has about 3,045 self-storage facilities in the U.S. with 218 million rentable square feet. Public Storage also has a 35% equity stake in Shurgard Europe, with 253 facilities and 15 million square feet of rentable space in Western Europe. The European storage market has underperformed…

    Read More »
  • Trump Lender Axos Sinks After Hindenburg Shorts Bank’s Stock

    (Bloomberg) — Axos Financial Inc., which has lent to properties including former President Donald Trump’s flagship New York tower, plunged after Hindenburg Research said it was short the stock because of the bank’s exposure to problematic commercial real estate loans. Most Read from Bloomberg Shares of the company shed 4.2% Tuesday, paring much of a loss that reached 16% intraday,…

    Read More »
  • Cathie Wood’s ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early

    “I’ve watched Nvidia all my career actually since it’s gone public. It’s a very cyclical stock,” Ark Invest’s Cathie Wood said of Jensen Huang’s chip company.Hugo Amaral/SOPA Images/LightRocket via Getty Images; Sam Yeh/AFP via Getty Images Cathie Wood’s decision to sell more than 1 million shares of Nvidia came as the stock rocketed to astronomical highs.  Ark Invest has missed…

    Read More »
  • Stocks Fall as Weak Treasury Sale Lifts US Yields: Markets Wrap

    (Bloomberg) — A slide in bonds dragged down stocks as another weak sale of Treasuries raised concern that funding the US deficit will drive up yields at a time when the Federal Reserve is in no rush to cut rates. Most Read from Bloomberg The US sold $44 billion in seven-year notes at 4.650% — above the pre-auction level of…

    Read More »
  • 3 High-Yield Stocks to Buy in This Boring Sector

    Utilities operate very boring businesses. They distribute electricity and natural gas to customers under government-regulated rate structures. There isn’t a lot of upside in this business (demand and rates are relatively steady), but there is also not much downside. Because of that, utilities generate pretty stable returns, a large portion of which comes from their high-yielding dividend payments. Investors seeking…

    Read More »
  • Berkshire’s profit plunges 64% on portfolio holdings as Buffett sells Apple

    OMAHA, Neb. (AP) — Berkshire Hathaway’s first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The company reported reported a $12.7 billion profit, or $8.825 per Class A share, in the quarter. That’s roughly one-third of last year’s $35.5 billion, or $24,377…

    Read More »
Back to top button