Fannie Mae’s 2024 Outlook: Housing Market Navigates Challenges With Emerging Resilience
Fannie Mae expects U.S. economy to decelerate in 2024, but housing market to undergo subtle transformation, mortgage rates predicted to avg 6.7% in 2024.
EVs Outrank AI Among Top Revenue Drivers For Semiconductor Industry In 2024: Survey
Automotive is the top revenue driver for the semiconductor industry in 2024, followed by AI. Nvidia, Qualcomm, AMD, Intel and Apple are all big players in the AI chip market.
S&P 500 Stuck In 4600-4800 Limbo For 2024? Wells Fargo Pinpoints 3 ‘Favored Sectors’ For Next Year
Wells Fargo Investment Institute has a 4600-4800 year-end 2024 target for the S&P 500 Index and 2000-2200 for the MSCI EAFE Index. Favored sectors are Health Care, Industrials, and Materials.
Plug Power’s Rocky Road As Hydrogen Dreams Face Financial And Regulatory Challenges
Plug Power (PLUG) faces negative gross margins, liquidity concerns & project delays. Cash burn adds to woes. Morgan Stanley and Piper Sandler downgraded the stock.
Nvidia Stock: Near All-Tim High Yet Indicators Are Mixed — All Eyes On 2024
Nvidia's stock technicals look bullish. Bearish divergence on OBV suggests caution, but fwd P/E is not too expensive compared to peers.
SPDR S&P 500 ETF Registers Record Fund Flows Heading Into Santa Claus Rally
The SPDR S&P 500 delivered over 24% returns this year. The Vanguard S&P 500 ETF and the iShares Core S&P 500 ETF are also up.
Palantir Office Blocked Over Israel Support, Stock Trades 24% Below 52-Week High — Are You Buying The Dip?
Protestors gathered at the Palantir UK office after its CEO reaffirmed that the data analytics firm is "supporting Israel in every way."
Winter Is Coming, But The Housing Market Is Thawing: 3 Indicators Suggest 2024 Momentum Is Building
As mortgage rates drop to 6-month low, a surge in new listings & uptick in Redfin agent consultations points to potential resurgence of real estate activity in 2024.
Amazon Analyst Names 4 Key Pillars Supporting Advertising Opportunity in 2024
Amazon.com Inc (AMZN) stock has gained 78% this year. Wedbush expects Amazon to generate $46.5B in ad revenue in 2023, and sees a path to $100B+ of AWS/FCF/Ad rev by 2026/2028.
3 Bitcoin Plays That Outperformed AI-Fueled Nvidia In 2023
In 2023, Nvidia's stock rose 230%. However, 3 Bitcoin-related stocks - MARA, RIOT & MSTR - outperformed it with 550%, 388% and 295% returns respectively.