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Business, Stocks

“Wall Street isn’t pleased that Kevin Plank is returning as Under Armour’s CEO, shares plunge 12%”

March 21, 2024

“…Shares of the athletic apparel company plunged about 12% on Thursday after the retailer announced late Wednesday that CEO Stephanie Linnartz would be stepping down after barely a year on the job and Plank would replace her on April 1.  Following the… Continue Reading…

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Stocks

“The Biggest Loser in the “Magnificent Seven” Could Soar 1,140%, According to Cathie Wood’s Ark Invest”

March 20, 2024

“…Tesla stock is now trading 57% below its all-time high. The company is suffering from a slowdown in electric vehicle sales — where it generates most of its revenue — which is forcing investors to adjust their growth expectations for… Continue Reading…

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Real Estate

“Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It’s not just due to high mortgage rates”

March 15, 2024

“…Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the… Continue Reading…

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Economy

“47% of parents still financially support adult children, study finds. Here’s how much they spend”

March 14, 2024

“…In addition to soaring food and housing costs, millennials and Generation Z face other financial challenges their parents did not at that age. Not only are their wages lower than their parents’ earnings when they were in their 20s and 30s, after adjusting for inflation, but they are also… Continue Reading…

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Business, Stocks

“HelloFresh shares dive 42% after meal kit giant warns on outlook”

March 12, 2024

“… …” https://www.cnbc.com/2024/03/08/hellofresh-shares-dive-42percent-after-meal-kit-giant-warns-on-outlook.html

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Economy, Stocks

“S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg”

March 12, 2024

“…Stocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned… Berg was likely nodding to John Hussman, who’s flagged the risk of a 63% plunge in the S&P 500,… Continue Reading…

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Real Estate

“Weekly mortgage demand surges 11% as more homes hit the spring market”

March 8, 2024

“…Mortgage applications to purchase a home increased 11% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was still 8% lower than the same week one year ago. The average contract interest… Continue Reading…

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Stocks

“Wall Street Sees 100% Upside for This Artificial Intelligence (AI) Stock No One Is Talking About”

March 5, 2024

“…Pagaya stock is up 46% during the past year, and at the current price, it trades at a price-to-sales ratio of 1.4. That’s a bargain for a high-growth stock with serious disruptive opportunity. The average Wall Street analyst forecast for… Continue Reading…

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Stocks

“A Bull Market Is Here: 2 Magnificent Stocks Down 80%…”

March 5, 2024

“…Adria Cimino (Intellia Therapeutics): Intellia stock has dropped more than 80% below its high over the past three years, even as this CRISPR gene-editing specialist moves closer to the finish line with its lead candidates. And this could offer bargain-hunting investors looking for… Continue Reading…

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Stocks

“It’s No Nvidia, But This Tech Company Is Targeting 325% Earnings Growth In 2024”

March 4, 2024

“While artificial intelligence giant Nvidia (NVDA) has electrified the stock market, shares of another tech player — software company Confluent (CFLT) — shot up by double digits this year. Now, as the company sees 325% profit growth in 2024, Confluent stock is rising as… Continue Reading…

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