Home prices have hit another all-time high, and mortgage rates have begun to fall — but that won’t be enough to revive the housing market just yet, according to one expert. Even though borrowing costs are dropping, drawing home buyers off the sidelines, the “lock-in effect” of homeowners being reluctant to sell and give up
Daily Trade
For now, Nvidia’s (NASDAQ:NVDA) chips, which other companies use to create AI, are considered vastly superior to those of NVDA’s competitors. As a result, Nvidia can charge exorbitant amounts for those chips. But the AI chips of one of Nvidia’s major competitors, Intel (NASDAQ:INTC), appears to be starting to gain great respect in the marketplace,
By Kwanwoo Jun Posco Holdings’ shares climbed after the steelmaker unveiled a joint venture project to produce rare gases for making semiconductors in South Korea. Posco rose as much as 7.3% to 508,000 won ($391.85) in early trade Wednesday, outperforming the benchmark Kospi’s 0.1% fall. The stock’s rally, which snapped a three-session losing streak, came
The biggest story in AI right now is one that hardly anyone is talking about. Yet, it involves the world’s richest men, the world’s most powerful companies, and the world’s fastest computers. It is the highest stakes story in AI yet. It will determine the winners and losers of the AI Boom in 2024. And
For generations, Broadway fans have sought out prime seats for evening performances, firm in their conviction that a night out on the town is exactly that — an opportunity to celebrate the magic of theater, so long as it’s after sunset. And the matinee crowd? That has tended to be senior-oriented, suburban and a bit
Dear MarketWatch, I am 51 and would like to retire by 55. I will only have about $125,000 in retirement accounts plus another $35,000 in non-retirement accounts. I plan on moving out of the U.S. as I have a house that’s fully paid for overseas. After living there a year, I will get residency in
Dear Big Move, My fiancée and I agreed to buy a house that was more than what we expected to pay, but we both liked it. We agreed that I would make the mortgage payments, and she would pay the taxes every year. When we bought the house, we decided to pay the taxes separately
The outsized returns of the S&P 500 this year were driven by the returns of just a handful of stocks. Remove the so-called Magnificent 7 from the equation and the benchmark index’s performance was relatively flat. The Dow Jones Industrial Average, on the other hand, enjoyed a much more broad-based movement higher. This is what
Almost as predictable as the big jolly man himself, many on Wall Street are eagerly waiting for the so-called Santa Claus rally to further fuel stock-market gains that have already put investors in a holiday mood. As defined by the Stock Trader’s Almanac, the Santa Claus rally refers to the stock market’s tendency to rise
Advanced Micro Devices (NASDAQ:AMD) stock has been on a tear thus far in December. After making a relatively big move during November it continues its assent. As a result, this AI chip contender has hit a new 52-week high. To many, it may seem as if shares could keep rallying, with the stock re-hitting its
It’s a seasonal ritual that countless families enjoy — getting dressed in their holiday finest and heading off to see a local production of the “The Nutcracker,” that candy-coated ballet that celebrates all things Christmas. It’s also a ritual that’s critical to the bottom line of many dance companies, which depend on those solid “Nutcracker”
It’s been an interesting year for enterprise artificial intelligence (AI) company C3.ai (NYSE:AI), to say the least. Even though the market was obsessed with machine learning in 2023, AI stock made big moves in both directions. This is likely to persist in 2024, but if you can handle the ups and downs, then feel free to take
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS ‘The switch was flipped’: ETF flows pick up as stocks, bonds head for 2023 gains U.S. stocks and bonds are up in 2023, in a big rebound from
The trillion-dollar market cap club is currently dominated by the tech sector. But will two traditional retail giants eventually find themselves among this rarefied crowd? Walmart (NYSE:WMT) and Costco (NASDAQ:COST) still have a ways to go before they approach a trillion dollars. And they remain dwarfed by e-commerce leader Amazon (NASDAQ:AMZN), which has a $1.6
As you approach your 60s, you’ll want to open one of the few remaining pieces of snail mail that actually matters: your Social Security statement. The Social Security Administration sends these printed statements to pre-retirees every year. Never received it or misplaced it? Then use www.ssa.gov as a backup. If you hire a financial planner, you’ll probably
Chinese electric vehicle (EV) maker Nio (NYSE:NIO) seems like it should be doing better than it is. Sales are growing, it’s developing new, specialized chips for its cars and it has an innovative battery-swap business that it might just spin off into a stand-alone company. In China’s fast-growing EV market, that should spell success —
“‘FAKE NEW HAMPSHIRE POLL WAS RELEASED ON BIRDBRAIN. JUST ANOTHER SCAM!’” That line came in a social-media post Friday from former President Donald Trump, the 2024 Republican presidential primary’s front-runner, as he reacted to a new poll focused on the key state of New Hampshire. Trump’s criticism of the American Research Group survey came after
Among AI stocks, both high-profile and more under-the-radar, Palantir Technologies (NYSE:PLTR) continues to be one of the top choices. Those bearish on PLTR stock chalk up its strong 2023 performance to “AI hype.” Yet while it’s easy to see why they jump to this conclusion, a substantive bull case can still be made. The use
Workers can have more money or more happiness — but not both. That’s according to a survey this week from Resume Builder that found that workers were less likely to be considered for promotions or raises if they did not work in the office at least part of the time — but that those remote
How can SoFi Technologies (NASDAQ:SOFI) stock go from hated in 2022 to loved in 2023? It’s all about central bank policy and the market’s expectations. In the end, SoFi Technologies will likely benefit from more accommodative monetary policy. However, the ultra-efficient market already knows this, and many of SoFi Technologies’ investors may have jumped the gun. It’s
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