• December 12, 2024

Exxon Has A Differentiated Permian Position Post-Pioneer Deal: Goldman Sachs Analyst

Goldman Sachs analyst Neil Mehta rated Exxon Mobil Corporation (NYSE:XOM) Neutral and a price target of $125. Yesterday, the company unveiled its Corporate Plan to 2030, targeting an additional $20 billion in earnings and $30 billion in cash flow over the next six years. The 2030 goals include increasing Pioneer acquisition synergies by 50% to over $3 billion annually, growing new business earnings to $3 billion. ExxonMobil is targeting up to $30 billion in lower-emissions investments and will a

  • December 10, 2024

The top US housing market forecasted for 2025: Realtor.com

Which regional housing markets in the US are having an easier time recovering and building up inventory? According to Realtor.com, the South is one of the areas seeing a boost in new home construction. Yahoo Finance senior housing reporter Claire Boston joins Brad Smith to talk about these regional real estate trends expected for 2025. Catch Yahoo Finance's interview with Realtor.com chief economist Danielle Hale covering regional housing market trends and how incoming President Donald Trump's policies could affect the US housing market. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

  • December 10, 2024

Homebuyers get confidence boost, according to Fannie Mae survey

Fannie Mae's Home Purchasing Sentiment Index (HPSI) saw homebuyer confidence tick up to a reading of 75 in November, rising by a figure of 10.7 year-to-date. Yahoo Finance senior housing reporter Claire Boston sits down with Brad Smith to break down the survey results, which offer a mix of consumer sentiments on home prices and mortgage rates. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

  • December 10, 2024

Why Toll Brothers' stock pressure is 'a temporary phenomenon'

Toll Brothers (TOL) reported fiscal fourth quarter earnings on Monday, surpassing estimates on both revenue and profit. Despite the positive results, the homebuilder missed its margin forecasts for the quarter, causing its stock to decline. Housing Research Center Senior Research Analyst Alex Barron joins Catalysts to discuss the results. "It seems like the builders can't do anything right," he tells Yahoo Finance, noting that even when companies outperform expectations, a single setback can trigger a stock price drop. However, Barron remains optimistic about Toll Brothers' long-term prospects, characterizing the current downturn as "a temporary phenomenon." Barron emphasized the company's strategic focus on affordable luxury and speculative homes as key factors that has continued to expand their market share. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith

  • December 10, 2024

Apple market cap, momentum, MicroStrategy: Market Takeaways

After US market indexes (^DJI, ^IXIC, ^GSPC) closed in negative territory for the second session in a row, Apple's (AAPL) market cap crossed past a record $3.7 trillion. Yahoo Finance markets and data editor Jared Blikre joins Josh Lipton on Asking for a Trend to explain the trading day's biggest themes, including Apple's new market cap, momentum reversal patterns, and MicroStrategy's (MSTR) stock activity in relation to bitcoin (BTC-USD). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.