The semiconductor sector is performing well this year, driven by the expansion of artificial intelligence (AI) applications. A spate of strong earnings reports from well-known players in the space has also instilled confidence in the sector.
As mortgage rates soften, 2024 is expected to see a boost in housing demand, which could benefit housing-related stocks. Analyst Jake Gordon of Bespoke Investments believes housing equities trade in correlation with rates, with lower rates a boost for home stocks. Yahoo Finance's Dani Romero breaks down the details, providing insights into the dynamics. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
The Alerian Energy Infrastructure ETF (NYSE Arca: ENFR) declared its first quarter 2024 distribution of $0.34292 on Wednesday, February 7, 2024. The dividend is payable on February 13, 2024 to shareholders of record on February 9, 2024.
The S&P 500 is at record highs, but there are historical reasons that point to a potential pause on gains as other sectors catch up to the concentrated few that have been powering the market.
With growing, explosive interest in emerging technologies, like artificial intelligence, semiconductor stocks should have another monster year ahead. Look at Nvidia (NASDAQ:NVDA), for example. Over the last year, the tech giant rallied more than 223%, becoming one of the market’s top performers. Even Advanced Micro Devices (NASDAQ:AMD) rocketed more than 100% higher over the last year. Better, with AI showing no signs of slowing down, semiconductors will remain a crucial part of our future. Afte
The three major averages (^DJI, ^GSPC, ^IXIC) all closed higher on Tuesday, February 6. They were led by materials and real estate, two sectors that have been beaten down recently. Tech, however, lagged. Yahoo Finance Market Reporter Jared Blikre takes a closer look at the market action. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim
Shares of Nvidia (NVDA) continue to rise as the company reaches a new milestone of having a $100 billion higher market cap than the entire energy sector. The chipmaker is rapidly approaching a $2 trillion market cap, after breaking the $1 trillion market cap just last year. Yahoo Finance Executive Editor Brian Sozzi joins the Live show to discuss Nvidia and its latest achievements. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
The December pending home sales report showed an increase of 8.3% according to a report from the National Association of Realtors. However, the gains in home transactions varied by region, with the Northeast seeing a drop in transactions. Yahoo Finance's Dani Romero breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
MILWAUKEE, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group, a leading provider of ETF structuring, launch, and growth services, announces that the YieldMax GDX Option Income Strategy ETF (GDXY) (currently effective but not listed) will now be named the YieldMax Gold Miners Option Income Strategy ETF (GDXY) (the “Fund”). This name change became effective on January 18, 2024. The Fund will seek to deliver participation in the price returns of GDX (NYSE Arca: GDX) (“GDX”) while providing cu
The Grayscale Bitcoin Trust, with more than $20 billion in assets, converted to a spot bitcoin ETF Jan. 10.