Looking for an affordable housing market? You may not find it in the Sun Belt anymore. Title insurance company First American FAF, +0.15% released the latest edition of its monthly Real House Price Index, which gauges housing affordability nationwide. As opposed to other home-price indexes that only look at changes to nominal prices, First American’s
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Investors in Cloudflare (NYSE:NET) stock are finding life in the middle to be baffling. In the past 12 months, NET stock was being overlooked for reasons that I would have to guess had to do with investors chasing other sectors. Source: IgorGolovniov / Shutterstock.com But that all changed in early summer. As our Louis Navellier points out
The latest “Spider-Man” movie has crossed the $1 billion mark at the box office, becoming the first film to achieve such success since 2019. Meanwhile, veteran recording artist Adele is proving her worth once again, with an album that has topped the charts for a number of weeks. But if there’s been a true star
Electric vehicle startup Lucid Group (NASDAQ:LCID) has seen some wild swings in recent months. Between mid-October and mid-November, LCID stock more than doubled in price before quickly reversing and falling more than 30% into its early December low. Source: ggTravelDiary / Shutterstock.com The sell-off included an 18% single-day drop on news the U.S. Securities and
Dear MarketWatch, I have $540,000 saved, and my wife has $250,000 in retirement funds. We also have $60,000 in the bank. We decided to retire early (I’m 58, and she is 57). The only debt we have is my truck, which is $450 a month, and insurance, which is $1,300 a month. Our budget so
With Meta Platforms (NASDAQ:FB) stock facing dangerous threats and unlikely to generate big returns for investors over the next year or two, I don’t believe that the shares are a buy for any type of medium-term or long-term investor. Meta Platforms is the company formerly known as Facebook. Source: Chinnapong / Shutterstock.com Among the biggest risks
Hurricane Ida, the ninth named storm in another Atlantic season for the books, clobbered New Orleans and much of Louisiana with deadly 150-mile-per-hour winds in the final week of August. But it was far from done. Ida then spun north, retaining plenty of punch to flood New York’s subway system, kick up seven tornadoes in
2021 was a tough year for financial technology (fintech) stocks. But in terms of losses, none of them hold a candle to StoneCo (NASDAQ:STNE). While major plays in this space are down around 20% for the year, STNE stock is down about 80%. Source: FOTOGRIN / Shutterstock.com What’s behind this Brazil-based payment processor’s tremendous drop in
BEIJING — An official gauge of China’s manufacturing beat market expectations, as activity continued to expand at a faster clip in December amid improved market demand and falling raw material prices. The official manufacturing purchasing managers’ index rose to 50.3 in December from November’s 50.1, China’s National Bureau of Statistics said Friday. The result beat
Novavax (NASDAQ:NVAX) stock should be surging upward soon. There is plenty of rational reason to believe that Novavax shares should go on a sustained upward run. Source: Ascannio/Shutterstock.com The most important news comes in the form of World Health Organization nods of approval for Novavax’s vaccine protocol. That’s the best place to begin, but
U.S. stocks rose modestly Thursday morning, with the S&P 500 index and the Dow extending their march to fresh records to cap 2021, as investor buying is driven, at least partly, by the belief that an omicron-fueled spread of COVID won’t do lasting damage to the economy. Investors are watching the final economic reports of
It’s been a stressful year for pot-stock traders, to say the least. A case in point would be Canadian cannabis company Sundial Growers (NASDAQ:SNDL), as SNDL stock dropped almost as quickly as it popped in 2021. Source: Jetacom Autofocus / Shutterstock.com Part of the problem is that the market has been fickle lately. One month, Reddit traders are pushing
Shares of Beijing Chunlizhengda Medical Instruments Co. dived in their Shanghai debut on Thursday, after the company raised 11.46 billion yuan ($1.80 billion) from a secondary listing on China’s Nasdaq-like Star Board. The stock lost as much as 9.4% to CNY27.01 a share, sharply down from its offering price of CNY29.81. Beijing Chunlizhengda’s Hong Kong-listed
Palantir (NYSE:PLTR) stock is a thoroughbred growth stock. It has an asset-light business model, solid government contracts, and a staggering amount of cash. Source: Ascannio / Shutterstock.com In recently reported earnings, it hit the ball out of the park once again. Both revenue and earnings figures beat analyst estimates. And guidance was also upbeat. Then
U.S. stocks lost altitude mid-morning Wednesday, with the Nasdaq Composite Index turning negative as Treasury yields climbed toward one-month highs. However, the Dow industrials were holding on to a small gain after punching into record-close territory near the session’s opening trade. The omicron variant of COVID continues to serve as a focus for investors, but
Fisker (NYSE:FSR) made a big announcement on Dec. 20. While the news probably won’t do anything for FSR stock, I think it’s cool. Source: Eric Broder Van Dyke / Shutterstock.com According to its press release: “Fisker will launch exclusive digital art NFTs of original pen-on-paper sketches from the hand of Founder and Chief Designer, Henrik
Elon Musk sold another $1 billion worth of Tesla Inc. stock Tuesday, as he closes in on his goal of divesting 10% of his stake in the electric-vehicle maker. According to filings Tuesday with the Securities and Exchange Commission, Musk sold about 934,000 shares, worth about $1.02 billion. He also exercised options on 1.55 million
I love my iPhone. I can do everything on it. Send messages. Call folks. Read the news. Trade stocks. Watch videos. Play games. Source: Andrush via Shutterstock My iPhone is great. But, as much as I love it, I’m also tired of it. I mean, Steve Jobs introduced the iPhone to the world back in
U.S. stock benchmarks traded mixed but were mostly edging higher Tuesday morning, with the S&P 500 on track for a record close — its 70th of 2021—as investors look toward 2022 with optimism, despite record COVID-19 cases, aided by the spread of the omicron variant. How are stock-index futures trading? The S&P 500 SPX, +0.15%
After a sharp move lower, Matterport (NASDAQ:MTTR) stock is bouncing back. “Meta madness” sent it zooming higher in November. But with the omicron and Federal Reserve fueled growth stock selloff earlier this month, investors bailed on this spatial data platform operator. Source: Matterport Trading for as much as $37.60 on Dec. 1, it fell to as