Top real estate companies are rallying today. Zillow Group stock jumped 11%, while Better Home & Finance and Opendoor surged 33% and 17%, respectively. Other major names, including UWM Holdings and PennyMac Holdings, also traded in the green. Zillow Group, Better Home, and Opendoor jumped as bond yields fell While these stocks jumped, they remain
US financial markets faced renewed pressure on Wednesday as hotter-than-expected underlying inflation reinforced expectations of further Federal Reserve rate increases. Rising energy prices added to inflation concerns, while Treasury yields and the US dollar climbed, weighing on gold and Bitcoin. Geopolitical tensions involving Iran, Saudi Arabia and shipping routes in the Middle East also pushed
US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes, weighing on technology shares and other rate-sensitive investments. The S&P 500 fell 1.08% to 7,721.49, while the Nasdaq Composite dropped 1.85% to 26,701.48. The Dow Jones Industrial Average declined 0.09%, or 45.23 points, to 51,624.87, with
Nu Holdings stock price has pulled back in the last two consecutive days as investors started booking profits after the recent surge. It dropped to $15.6, a few points below this month’s high of $16.17. This retreat may continue as investors attempt to fill the fair value gap formed earlier this month. Nu Holdings stock
US stocks gained on Monday as investors assessed rising oil prices and geopolitical tensions ahead of a busy week of corporate earnings and inflation data that could influence the Federal Reserve’s interest rate outlook. The Dow Jones Industrial Average gained 198 points while the S&P 500 was up 0.05%. The Nasdaq Composite fell 0.13%. Investors
Crude oil price held steady on Friday, with Brent ending the week at $104.5 and the West Texas Intermediate (WTI) hitting $93. Brent has jumped by nearly 10% from its lowest level this month, and this recovery may continue as the Middle East erupts. Houthi and Saudi Arabia crisis escalates Crude oil prices reacted mildly
SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down by nearly 80% from its all-time high, a sign that Nvidia’s investment has flopped. Investors are aggressively betting against SoundHound stock SOUN stock has plunged
Ethereum dropped below $2,500 on Friday, declining nearly 3% as institutional withdrawals, rising exchange balances, and broader economic pressures weighed on demand. The third consecutive daily decline came alongside elevated oil prices and US Treasury yields. ETH also slipped beneath its 50-day exponential moving average, weakening its near-term technical structure. Treasury yields and Fed outlook
Gold prices rose in early trading Thursday while silver declined sharply as oil prices climbed and Treasury yields remained near multi-decade highs, keeping inflation and interest-rate risks in focus. At the time of writing, spot gold was trading at $4128 an ounce, up around 0.40% on the day. Spot silver fell close to 1% and
Ethereum’s Glamsterdam upgrade went live on the Sepolia testnet Tuesday, marking another milestone in the network’s Layer 1 scaling roadmap. The deployment allows developers, application teams, and infrastructure providers to test compatibility with the changes before a potential mainnet release. Meanwhile, ETH’s technical structure remained constructive in the supplied market snapshot, although derivatives liquidations highlighted