• May 23, 2024

ETF approval, housing shortage, e.l.f. CEO : Asking for a Trend

On today's episode of Asking for a Trend, Host Josh Lipton explores three markets — cryptocurrency, housing, and the beauty market. As the crypto world eagerly awaits the decision on the approval of an ether ETF, the show welcomes BitGo Go Network Head and Managing Director Matt Ballensweig who offers his expert perspective on why he believes the SEC will ultimately greenlight this investment product. Yahoo Finance's Julie Hyman takes a deep dive into the housing market, exploring the persistent supply challenges faced by homebuyers despite the easing of mortgage rates. Finally, E.l.f. Chairman and CEO Tarang Amin joins the show to discuss the beauty giant's impressive fourth-quarter earnings beat and his outlook on the company's growth trajectory. This post was written by Angel Smith

  • May 23, 2024

Mortgage rates dip under 7%, housing supply still low

As the spring homebuying season blooms, mortgage rates offer some reprieve, dipping below the 7% mark for the first time in over a month. While this downward trend may provide a glimmer of hope for prospective homebuyers, the housing market continues to grapple with a severe supply crunch. Yahoo Finance's Julie Hyman breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith

  • May 23, 2024

AI Boom Bolsters NVIDIA's Q1 Growth: ETFs to Tap

NVIDIA shares jumped as much as 7.8% in after-market trading on blowout results and surpassed the $1,000 level for the first time ever. Investors can tap the robust growth with the help of ETFs having the largest allocation to NVIDIA.

  • May 22, 2024

Housing market to see 'slow comeback' as mortgage rates fall

US existing home sales fell below April estimates, reporting a figure of 4.14 million for the month while declining more than expected by 1.9% month-over-month. Realtor.com Chief Economist Danielle Hale helps Yahoo Finance look deeper into the housing data and what it signifies for forthcoming improvements in the housing market. "For existing homeowners who are maybe reasonably happy with their home, but ready to make a trade either up or down or to something different, it is really expensive to try to get a mortgage at a 7% rate, compared to their current rate," Hale explains. "90% of them are under six and two-thirds are under 4%. so it makes it a lot more expensive to move." She also expects real estate market and buyer activity to "ramp up" with every little decline in mortgage rates, but forecasts it to still be a "slow comeback." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • May 22, 2024

Nvidia earnings matter for more than just tech, AI players

Nvidia (NVDA) is set to report its first-quarter earnings after the closing bell on Wednesday with many on Wall Street focused on the outcome to see how it may test the strength of the market. With the number of AI mentions among companies across multiple sectors increasing from last quarter, details from Nvidia's report may have more influence across those sectors than usual. Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief to discuss how Nvidia's earnings can impact multiple sectors beyond AI. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino