First-time homebuyers disadvantages Why first-time homebuyers are at a disadvantage 03:18 It is a marker of the challenges of getting on the property train in the U.S. these days: The typical homebuyer today is older than ever, as well as wealthier, new data shows. The average age of homebuyers in 2024 was 56, a record high, according to a report from the National Association of Realtors (NAR), highlighting the impact of soaring
The Q3 earnings season for the tech giants has been a mixed bag. While some managed to impress investors with their performance and outlook, others fell short of expectations on some metrics. Wall Street remains upbeat on several tech giants, thanks to generative AI (artificial intelligence)-led tailwinds. Using TipRanks’ Stock Comparison Tool, we placed Meta Platforms (META), Uber Technologies (UBER), and Amazon (AMZN) against each other to find the “Strong
If history is any guide, one stock market gauge suggests that Vice President Kamala Harris will defeat former President Donald Trump in the 2024 presidential race. In all but two elections since 1944, the party in the White House has retained power when the U.S. stock market advances before Election Day, or the period between the end of July and Halloween, according to an election predictor devised by Sam Stovall,
You know the “Magnificent Seven” stocks,” right? Even if you do, you might have trouble remembering all seven, just as I often have trouble naming all seven of Snow White’s short companions. So here they are: Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » They’re referred to as “magnificent” in large part because of their amazing performance over the past
A car with autonomous driving system by Alibaba-backed DeepRoute.ai, drives on a street in Shenzhen, Guangdong province, China July 27, 2022. David Kirton | Reuters BEIJING — Deeproute.ai, a Chinese startup developing autonomous driving systems, announced a $100 million funding round Tuesday from an undisclosed automaker, while emphasizing close ties with chipmaker Nvidia. Pitchbook data showed Chinese company Great Wall Motor led the investment. It’s been difficult to obtain financing,
On Nov. 6, BlackRock’s iShares Bitcoin Trust (IBIT) achieved an unprecedented trading milestone, with volume spiking to $4.1 billion in a single day – its highest ever. This surge, following Donald Trump’s reelection as President of the United States, signals a potent wave of institutional and potentially retail interest in cryptocurrency ETFs. Don’t Miss: Bloomberg ETF analyst Eric Balchunas noted on X (formerly Twitter) that this massive trading volume exceeded
Donald Trump’s Trump Media & Technology Group had an eventful Election Day 2024, with its DJT stock halted three times after the shares suddenly plunged. At the end of the trading day, the Truth Social owner released its third-quarter earnings, showing a continued decline in revenue. The company’s third-quarter results, disclosed in a U.S. Securities & Exchange filing, shows that the fledgling social media business continues to lose money, while
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Chinese stocks wrapped up a momentous week marked by a $1.4 trillion debt swap program that fell short of many investors’ calls for more direct government support. For many, the reaction among investors only reinforced the need to look at longer-term opportunities in individual stocks that haven’t changed. The Ministry of Finance signaled at a closely watched press conference Friday that more fiscal support could come next year , while
There has been no other company in the artificial intelligence (AI) realm that’s been watched as closely as Nvidia (NASDAQ: NVDA) over the last couple of years. Nvidia’s role in the AI narrative is so prominent that any announcement the company makes has the power to swing the capital markets at this point. As the company’s upcoming launch of its new Blackwell graphics processing unit architecture (GPU) looms, all eyes
