Market is Price

Home prices in February rose at the fastest clip since November 2022, according to national home price data released Tuesday. Prices nationwide rose 6.4% over the same month last year, the S&P CoreLogic Case-Shiller Home Price Index showed . "Following last year's decline, U.S. home prices are at or near all-time highs," Brian Luke, head of commodities, real & digital assets at S&P Dow Jones Indices, wrote in a press release. "Our 10- and 20-City Composite indices are currently at all-time highs." A gauge measuring price changes in 20 of the nation’s largest cities increased 7.3%, up from a 6.6% increase in the previous month. Data from Bloomberg showed that analysts had expected this reading to show prices rose by 6.7% over the prior year. Prices rose 0.6% nationally compared to the prior month, the first monthly increase since last October. On a seasonally adjusted basis, prices rose 0.4% in February. "Since the previous peak in prices

The Bitcoin DApp ecosystem has been reinvigorated by the invention of native protocols such as Ordinals and Inscriptions last year. News Own this piece of crypto history Collect this article as NFT Join us on social networks The Bitcoin decentralized application (DApp) ecosystem has been experiencing a revival with the introduction of native protocols since the creation of Ordinals and Inscriptions. One such project, omnichain yield-generating protocol SolvBTC, has accumulated a total value locked (TVL) of $700 million from its yield-bearing Bitcoin minted on Arbitrum, Merlin, and BNB Chains. In a statement to Cointelegraph, SolvBTC developers claim that the protocol has recently surpassed 10,000 BTC staked and attracted “over 92,000 participants” shortly after its launch earlier this month.  “The liquidity revolution of Bitcoin is a necessary prerequisite for the true explosion of BTCFi,” commented SolvBTC founder Ryan Chow. “In the near future, SolvBTC will be l

The Magnificent Seven group of megacap technology stocks were mostly trading lower on Tuesday afternoon ahead of Amazon.com ’s earrings report, which is due out after the market closes today. The much-discussed group is made up of Apple, Amazon.com , Alphabet, Microsoft, Meta Platforms, Nvidia, and Tesla. Tesla stock was down 4.5% on Tuesday; Microsoft stock was down 1.7%; Alphabet stock was down 1.1%; Nvidia stock was down 0.9%; Amazon stock was down 0.8%; Apple stock was down 0.2%; Meta stock was hovering around breakeven. The Dow Jones Industrial Average was down 333 points, or 0.9%. The S&P 500 was down 0.8%. The Nasdaq Composite was down 1%. Last week, earnings reports from Tesla, Alphabet and Microsoft helped boost the broader market. On the flip side, Meta stock struggled following its own report. Aside from Amazon, Apple is due to report results later this week. Nvidia will report results later in May. “I can tell you with a lot of confidence that if Google [pa

WESTBOROUGH, Mass., April 29, 2024 --( BUSINESS WIRE )--Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical solutions and high-performance microdisplays for defense, enterprise, consumer, and medical products, has further expanded its customer base by receiving a third production order for its Organic Light Emitting Diode (OLED) microdisplays, for use in thermal imaging vision systems - both mounted and handheld for Indian Armed Forces. Under the terms of the latest production order for over 1,200 units, deliveries take place over a six-month time span. Kopin’s highly efficient OLED microdisplays are ideal for portable thermal imaging vision systems, because of their ultra-compact size and low power, which makes them suitable for mobile battery-powered applications. The high-resolution display provided in this order will deliver essential information to end users and provide them with additional situational awareness and a performance advantage.

Traders work on the floor of the New York Stock Exchange on April 10, 2024. Spencer Platt | Getty Images S&P 500 futures inched higher Sunday night as the broad index came off its best week in several months. Traders are looking ahead to a week with more corporate earnings, key labor data and a Federal Reserve meeting. Futures tied to the index added 0.1%. Dow Jones Industrial Average futures rose 58 points, or 0.2%. Nasdaq 100 futures advanced 0.1%. Those moves follow a positive — albeit rocky — week on Wall Street. The S&P 500 jumped 2.7%, notching its best week since November and breaking a three-week negative streak. With a rally of 4.2%, the Nasdaq Composite also saw its best weekly performance going back to November and its first winning week in the last five. The Dow finished the week 0.7% higher. "The YTD upgrade in the market's pricing of economic growth largely explains the resilience in equities this year alongside the climb higher in int

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While it's bounced back a little in recent trading days, the stock market is still off all-time highs. Moreover, some great stocks that sold off have remained down. This is despite their high-quality businesses that should generate profits that reward investors for many years to come. Instead of lamenting their lack of bouncing back, investors shouldn't miss out on the chance to buy. In this article, three Motley Fool contributors each bring one of their favorite bargain stocks worth buying, including a special-situation opportunity with Albertsons Companies (NYSE: ACI) , streaming leader Roku (NASDAQ: ROKU) , and beaten-up bank stock Live Oak Bancshares (NYSE: LOB) . This video streamer is down, but far from out Eric Volkman (Roku): A perceived battle against a big retailer has considerably dampened sentiment on Roku, a maker of video streaming devices and a platform operator. The company's shares fell off a cliff in mid-February and have basically stayed in

Premium Markets A 32-year market vet warns underlying weakness in the labor market is on the verge of showing up in monthly jobs data — and shares an ominous chart showing why the S&P 500 could be set to fall more than 50% William Edwards 2024-04-27T08:30:01Z Michael Nagle/Xinhua/Getty Images Redeem now Jon Wolfenbarger warns of an imminent recession despite a booming US labor market. Wolfenbarger cites declining full-time job gains, an inverted Treasury yield curve, and more. Other market analysts, including Ian Shepherdson, also highlight signs of a weakening labor market. Looking at the headline numbers, the US labor market is booming . Over the last four months, the economy has added 279,000 jobs on average, and the unemployment rate has also stayed below 4%, historically low levels. But Jon Wolfenbarger , the founder of BullAndBearProfits.com and a former investment banker at JPMorgan and Merrill Lynch, says a reces

ST. PAUL, MINN. — For some, it's the unofficial sign the seasons have turned. Minnesota's farmers markets are beginning to make their return. The St. Paul Farmer's Market opened for the season on Saturday morning, marking its 170th year. "We were here I think one year before the state was the state – so that's pretty good," joked market manager Jim Golden. "For us, this really is the kickoff for the summer. It's kick off for the spring, it's kick off where everything starts from here." Golden, who is entering his 40th year with the market, describes the group like a family – making Saturday's return a reunion of sorts. "It goes back generations," he said. "The kids grow up working here, they get older, start family farms, they start having kids." The case is such for flower man Justin Nelson, whose family owns and operates Nelson Greenhouse and Veggies in Big Lake. "I've been coming here since I was a l

Google parent Alphabet's ( GOOG , GOOGL ) market cap surpassed $2 trillion on Friday following standout quarterly results that beat revenue and earnings estimates and the announcement of a cash dividend program of $0.20 per share. The board of directors also approved stock repurchases of up to an additional $70 billion. “Our results in the first quarter reflect strong performance from Search, YouTube and Cloud," said CEO Sundar Pichai in a statement on Thursday. "Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation.” The company's market cap stood at $2.15 trillion in early afternoon trading on Friday. Alphabet stock was up roughly 10% during the session. Revenue, excluding traffic acquisition costs, rose 16% from the same period last year to $67.59 billion, beating analyst expectations of $66.07 billion, per Bloomberg data. The company reported adjusted earnings per share of $1.89

This was the year that the Milwaukee Brewers were supposed to drop back to the pack following six years of being a small-market success story. Manager Craig Counsell left after nine seasons to sign a five-year, $40-million contract with the NL Central rival Chicago Cubs. Ace pitcher Corbin Burnes and his $15.6-million salary were traded to the Baltimore Orioles. Yet the Brewers are in first place in the National League Central with a 16-8 record, putting them a half-game ahead of the Cubs. It seems Milwaukee hasn’t missed a beat following the promotion of bench coach Pat Murphy to manager and weathering having nine players on the injured list, including 2018 NL MVP Christian Yelich. These new-look Brewers are looking like a team that can defend its division title and reach the postseason for the sixth time in the last seven seasons. Murphy, though, isn’t taking time to reflect on the first two dozen games of his managerial career. Instead, he is concentrating on his young tea

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A reader asks: I don’t work in finance but I know enough math to get me into trouble (I’m an engineer). All else equal, a higher discount rate should mean a lower present value of future cash flows. I know all is not always equal but with rates rising again and the prospect of higher for longer now firmly on the table, shouldn’t that be a headwind for stocks? What am I missing here? Good question. Finance theory does state that the present value of an asset is the future stream of cash flows discounted by a reasonable rate of interest. If PV = CFs / (1+rate) time and the rate goes up, all else equal, the present value should go down. The problem with this line of thinking is there is a huge difference between theory and reality. Plus, all is rarely ever equal. After rising at a fast clip last fall, interest rates dipped but they are now going back up again: The spread between the short and long ends of the curve is compressing. This should be bad for the stock market, right?

Stocks fell on Thursday after a sharply lower-than-expected reading on US GDP for the first quarter ratcheted up questions about the health of the US economy in the face of persistently high interest rates. Tech stocks led the way down as Meta's ( META ) revenue forecast rattled investors eyeing the next high-stakes megacap earnings. The Nasdaq Composite ( ^IXIC ) fell roughly 1.3%. The S&P 500 ( ^GSPC ) lost 0.9%, while the Dow Jones Industrial Average ( ^DJI ) slipped 1.3%, or over 400 points. US GDP growth came in at a 1.6% annualized pace in the first quarter, falling well short of expectations of 2.5%. The reading comes amid ongoing debate about the path of the Federal Reserve's interest rate campaign. Treasury yields rose after the GDP print, with the benchmark 10-year yield ( ^TNX ) surging to its highest levels of the year. At last check, it was sitting around 4.73%. Meanwhile, Meta shares sank as much as 15% as the market balked at rising costs at the Facebo