Category: Uncategorized
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New-home mortgage demand dips in September but remains above 2024 levels
Mortgage applications for new homes dipped in September from the previous month but remained higher than last year’s levels, according to the Mortgage Bankers Association (MBA)’s Builder Application Survey released Thursday. The data offers a snapshot of housing demand at a time when market watchers are seeking clues about new-home sales amid the federal government…
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Meet The Unstoppable Stock That Could Join Nvidia, Amazon, Meta Platforms, and Alphabet in the Trillion-Dollar Club in 20 Years
One way to earn great returns over the long run is to invest in one of the companies worth more than $1 trillion, such as Nvidia, Meta Platforms, Amazon, Alphabet, and a few other …
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1 No-Brainer Electric-Vehicle (EV) Stock to Buy Right Now (Hint: It’s Not Tesla)
There’s one stock, in particular, that stands out when it comes to EVs, and it isn’t the one you might be thinking of. I’d go so far as to call General Motors ( GM +14.72%) the biggest no-brainer …
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Why Netflix stock is down over 6% in pre market trading after Q3 results
Netflix Inc. (NFLX.O) missed Wall Street’s third-quarter profit projections due to an unexpected tax bill in Brazil.
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The stock market is about to care about the calendar
Huge portfolio increases make tax loss harvesting more likely and more punishing to the S&P’s worst performers, regardless of any actual AI influence.
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Vertiv Posts Strong Earnings in ‘AI-Driven Market.’ The Stock Rises.
Shares of Vertiv Holdings rose sharply in premarket trading Wednesday after the data-center infrastructure company posted strong third-quarter earnings and hiked its full-year guidance.
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New-home sales ease amid signs of buyer caution
Applications for new-home purchase mortgages ran ahead of last year’s pace in September, but various factors have the leading industry trade group preparing for a near-term slowdown. Purchase applications for new single-family properties increased 2% on a year-over-year basis last month, picking up some momentum after August’s flatter 1% rise, according to the Mortgage Bankers…
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New-home mortgage demand dips in September but remains above 2024 levels
Mortgage applications for new homes dipped in September from the previous month but remained higher than last year’s levels, according to the Mortgage Bankers Association (MBA)’s Builder Application Survey released Thursday. The data offers a snapshot of housing demand at a time when market watchers are seeking clues about new-home sales amid the federal government…
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Vertiv Posts Strong Earnings in ‘AI-Driven Market.’ The Stock Rises.
Shares of Vertiv Holdings rose sharply in premarket trading Wednesday after the data-center infrastructure company posted strong third-quarter earnings and hiked its full-year guidance.
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AI Stocks Aren’t the Only Market Play. How Earnings Are Easing Recession Fears.
Netflix revenue is rising, hiring trends are emerging, Novo Nordisk’s boardroom drama escalates, and more news to start your day.