News
Mortgage Rates Drop, Applications Rise And Seniors Score Record-Level Housing Wealth
On The Mortgage Front
Freddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, down from last week when it averaged 6.33%; a year ago at this time, it
Almost Half Of Young New Jerseyans Do Not Believe They Will Achieve The Same Level Of Financial Security As Their Parents
- $75,201 is the highest salary that young New Jerseyans expect to earn – ever.
- Hawaii residents are the most optimistic about future earnings potential; Oklahomans the least.
- Almost half think they
Are Disney World and Disneyland Dealing With a Demand Problem?
It's starting to get easier to visit one of Walt Disney's (NYSE: DIS) domestic theme parks. Select annual passes returned to Disneyland for new buyers this week, giving enthusiasts year-round access
Smart Home Technology For Your Investment Property
Do you have a rental property? Are you looking for ways to make it more attractive to tenants who might have many options in your community, city, or state? One way to do so is by offering more
Why Shares of Vaxxinity Jumped This Week
Shares of clinical-stage biotech company Vaxxinity (NASDAQ: VAXX) were up 28.2% for the week as of Thursday afternoon, according to data provided by S&P Global Market Intelligence. The stock closed
3 Top Passive-Income Stocks to Own in 2023
Times have been tough for investors over the past year. The three major indexes hit bear territory -- and some of the world's strongest stocks sank.
But here are two pieces of good news. First
Hopes For A Soft Landing Are Starting To Fade
In his Daily Market Notes report to investors, Louis Navellier wrote:
Fading Soft Landing
Stocks take the worst hit in over a month, as recession fears trump falling inflation.
Hopes for a soft
Why Upstart Was Falling Hard Today
Shares of fintech platform Upstart (NASDAQ: UPST) were falling today, down 6.1% as of 1:09 p.m. ET.
There wasn't any material company-specific news today. In fact, Upstart introduced a new software
Why Redfin Stock Was Sliding This Week
Shares of Redfin (NASDAQ: RDFN) were falling this week in response to a broader sell-off in the stock market as investors reacted to weak economic data and hawkish comments from the Federal Reserve
Amazon's Smile: Gone After 10 Years
E-commerce giant Amazon (NASDAQ: AMZN) is diving deeper into its cost-cutting spree. On Wednesday, the company decided to pull the plug on Amazon Smile, the charitable donation program it started in
Davos: Collaboration In A Fragmented World
TBD Media Group reports live from Davos
Under the slogan “Collaboration in a Fragmented World,” world leaders are gathering in Davos to discuss the future of our planet. TBD Media Group is
Boohoo – Revenues Stumble As Challenges Mount
Boohoo Group PLC (LON:BOO)’s revenues fell 13% to £637.7m in the four months to 31 December, ignoring the effect of exchange rates. This was in line with the group’s previous expectations. UK
Why Lucid Stock Plunged Today
Luxury electric car maker Lucid Group (NASDAQ: LCID) stock is plunging Thursday. After starting the new year with a gain of as much as 20%, Lucid shares were lower by 8.5% as of 12:30 p.m. ET today
Why Insteel Stock Crashed 13% Thursday Morning
Shares of steel wire producer Insteel Industries (NYSE: IIIN) crashed 13.6% through 11:40 a.m. Thursday morning after missing earnings estimates badly in its fiscal Q1 2023 report this morning.
S&P 500 Changing Bias
S&P 500 didn‘t take kindly to deteriorating data – after a long time, bad news was indeed taken as bad news. The pivot hopes are receding, and recession prospects come to the fore, which was the
How To Evaluate Stocks Like Michael Burry
We analyzed every Michael Burry write-up on Value Investors Club (VIC) to break down his investment strategy and learn how he dissects stocks.
The following are Burry’s five factors for approaching
Why Digital World Stock Has Dropped 13% So Far This Week
Shares of special purpose acquisition company (SPAC) Digital World Acquisition Corp. (NASDAQ: DWAC) have dropped 13% for the week as of noon ET on Thursday, according to data provided by S&P Global
Why Chewy Stock Is Sliding Today
Shares of the e-commerce pet food and supply company Chewy (NYSE: CHWY) are down by 5.8% as of 10:53 a.m. ET Thursday. The company's shares appear to be moving lower yet again this morning in
U.S. Household Debt Levels Make It Harder, But Not Impossible, For Average American To Invest
Investing is one of the best ways to build wealth, yet rising household debt levels could stand in the way of the investment dreams of most Americans.
According to the latest Quarterly Report on
Global Recession Fears Rise But Deliveroo And Dunelm Show Resilience
- NZ dollar largely shrugs off Jacinda Ardern’s shock resignation
- Investors focus on recession fears with falls on Wall Street and FTSE 100 opening lower.
- Microsoft the latest tech giant to announce
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Growth stocks are bouncing back in 2023, and that finds Cathie Wood's growth-investing style back in fashion. The CEO, founder, and primary analyst at Ark Invest is seeing her firm's exchange-traded
Why Novocure Stock Is Sliding Today
Shares of Novocure (NASDAQ: NVCR) were trading 8.3% lower as of 10:55 a.m. ET on Thursday after the company announced organizational changes that were made, in its words, to "prepare for future
Why Blink Charging, ChargePoint, and Plug Power Stocks All Dropped Today
Renewable energy stocks sank Thursday morning, and for a variety of reasons.
As of 10:45 a.m. ET, shares of charging network operators Blink Charging (NASDAQ: BLNK) and ChargePoint (NYSE: CHPT) are
SEC v. Ripple: Did The Government Fail To Prove Its Case?
The saga for what Forbes has called “ the cryptocurrency trial of the century” looks as if it is about to enter its closing stages. Final briefs on summary judgment were filed in November of last
2 Ultra-High-Yield Dividend Plays That Should Crush the Broader Market in 2023
While a recession in 2023 is far from a foregone conclusion, the possibility of a mild economic pullback at some point this year is a key concern for investors. Fortunately, equities that pay out