Toll Brothers said on Wednesday that about 30% of its customers are first-time buyers, many of whom are millennials. The builder’s traditional luxury properties represented the majority of its home sales by dollar amount in the second quarter, Toll Brothers CEO Douglas C. Yearley, Jr. said on a Wednesday conference call after reporting better-than-expected earnings the day before.
Negative gearing can help get you a tax cut this year, and every year moving forward.
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
(Bloomberg) -- The Euro Stoxx 50 Index was always the preferred choice for investors looking for a regional hedge. That’s starting to change.Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanCar Dealerships Across US Halt Services After CyberattackNvidia’s 591,078% Rally to Most Valuable Stock Came in Waves‘I Live in Hell’: Anti-Growth Fervor Grips US South After Pandemic BoomNvidia Becomes World’s Most Valuable Company as AI Rally Steams AheadIn the m
Housing starts and building permits data for May came in below expectations as mortgage rates continue to remain high. Pulte Capital CEO Bill Pulte and S&P Global Ratings Homebuilders Director Maurice Austin join Morning Brief to discuss the state of the housing market and its relationship to ongoing rate pressures. "I think it's a little bit of a speed bump. The housing market is very strong. It continues to be very strong," Pulte explains. He notes that big home builders — such as PulteGroup (PHM), which his family originally founded — are in a good position as they "have a balance sheet, have access to the mortgage bond market and, frankly, are taking market share right now." As the market awaits an interest rate cut from the Federal Reserve, Pulte adds that a cut will "dramatically increase" the price of homes. With more people being able to afford mortgages, demand could skyrocket, creating an affordability issue. Austin adds, "What we've seen is the level of sales incentives remain elevated, and they will continue to be so as long as rates stay higher for longer, which ultimately could lead to negative profitability on the homebuilder side." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Key Insights The projected fair value for Orora is AU$3.14 based on 2 Stage Free Cash Flow to Equity Orora's AU$1.97...
(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son declared he’s ready to swing for the fences when he makes his next big tech bet, suggesting the Japanese conglomerate is on the cusp of making a major investment in AI.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge F
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
The future of an Aussie online retailer looks uncertain after it halted trading on the Australian Stock Exchange.
As the Swiss market experiences modest fluctuations, with the SMI showcasing slight gains amidst cautious investor sentiment ahead of key policy announcements, it becomes increasingly important to spotlight characteristics that might hint at resilience and potential growth. In this context, companies with high insider ownership often suggest a commitment from those who know the business best, potentially aligning well with investors looking for stability in uncertain times.
Bitcoin (BTC-USD) has had a breakout year in 2024, rallying off of a long slump on the Securities and Exchange Commission's (SEC) approval of spot bitcoin ETF products. Now, the crypto community is watching intently on the SEC's next pending decision: approving a spot ether ETF tied to ethereum futures (ETH-USD). Swan Bitcoin Chief Investment Officer Raphael Zagury comes onto Market Domination Overtime to discuss the outlook on these prominent cryptocurrencies, also commenting on what the 2024 US presidential race could mean for the crypto space and the likelihood of an ether ETF. "If you look where we are right now in terms of volatility, volatility is fairly low. We're in the 5% I would say bottom decile in volatility times," Zagury says. "And I think the good news, if the past is any guidance of what could happen in the future, is that periods of very low volatility in bitcoin tend to have offside periods of return, if you look 60, 90 days ahead. But short term, a lot of things can happen in the short-term, traders control the price..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Calling Elon Musk a polarizing figure might be an understatement. The Tesla CEO has built multiple billion-dollar companies and made his investors incredibly wealthy. He's also threatened to...
Ever wanted to own a Mexican fast food business? Well now you can, with burrito giant Guzman y Gomez going public today in a bid to take on kingpin McDonald’s.
Bank decision on interest rates comes a day after inflation fell to 2%
We recently published a list Forget Magnificent 7: Analysts are Talking About ‘Big 10’ AI Stocks in 2024. Since NVIDIA Corp (NASDAQ:NVDA) ranks 4th in the list, it deserves a deeper look. When the AI revolution started with the launch of ChatGPT, investors started pouring money into a handful of companies that are leading AI technology […]
We recently published a list of Jim Cramer Latest Portfolio: 10 Best Stocks to Buy. Since Nvidia Corp (NASDAQ:NVDA) ranks 1st on the list, it deserves a deeper look. Jim Cramer in his latest program talked about discipline during short-term market rallies and emphasized the importance of knowing when to take some profits off the table […]
New plans for billionaire Ed Craven’s Toorak mansion have been revealed.
Amidst a fluctuating global economic landscape, Hong Kong's market has shown resilience, reflecting broader trends seen in major indices worldwide. As investors navigate these conditions, dividend stocks remain appealing for their potential to offer steady income streams and relative stability.
(Bloomberg) -- The yen capped its longest losing streak since March, ramping up the risk that Japanese officials will once again step in to prop up the currency. Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge Fund Talent Schools Are Looking for the Perfect TraderThe currenc
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