• January 28, 2025

Big Tech set for 20% earnings growth in 2025, portfolio mgr. says

The technology sector (XLK) is rebounding from losses earlier this week after the latest AI model from Chinese-owned DeepSeek sent chip stocks plunging. Allspring Global Investments Senior Portfolio Manager and Head of Capital Allocation Margie Patel joins Market Domination to discuss the tech sector outlook as the earnings season progresses. Patel acknowledges that she expected 2025 to "be a year of deceleration in growth" for tech, adding that there is still "uncertainty" regarding DeepSeek's impact. However, she notes that historically, new product entries into the tech market tend to create increased demand, "so everybody really benefits." Addressing valuation concerns in the tech sector, she points out that Big Tech PE ratios (price-earnings) have experienced "erosion" in recent months as investors worry about slowing growth and negative capital expenditure impacts. Nevertheless, Patel remains optimistic, projecting 20% earnings growth for the sector in 2025, which would "justify" current valuations. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith

  • January 28, 2025

The 2 concerns homeowners have when renovating

According to data from home services company Angi (ANGI), 67% of homeowners prefer renovating their current homes to moving, with 93% planning home improvement projects in 2025. Angi co-founder Angie Hicks joins Wealth to discuss the current home renovation landscape. She identifies two primary concerns among homeowners undertaking projects: finding qualified contractors and managing unexpected budget challenges. For securing the right professional, Hicks emphasizes due diligence: "Do your homework." She advises checking reviews, utilizing home services websites, and "don't wait till the last minute" to find contractors and build relationships. Regarding budgets, Hicks acknowledges that high inflation and interest rates have elevated renovation costs. Nevertheless, she points out that homeowners are "still spending a lot more on home improvement" compared to five to six years ago. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

  • January 28, 2025

Home prices climbed 3.8% annually in November 2024

Home prices reached another milestone in November 2024, climbing 3.8% according to the S&P Case-Shiller Home Price Index, marking the 18th consecutive record high. The National Association of Realtors (NAR) reports that home prices peaked in 2024 with a nationwide median price of $407,500. Yahoo Finance reporter Dani Romero analyzes the persistent affordability challenges affecting potential homebuyers in today's housing market. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

  • January 28, 2025

Big Tech's continued market dominance: YF Chartbook

As part of the fourth edition of Yahoo Finance's Chartbook, Yahoo Finance senior markets reporter Josh Schafer joins the Morning Brief to highlight how Wall Street is viewing Big Tech's steady dominance across the market (^DJI, ^IXIC, ^GSPC). The data from top Wall Street analysts outline Big Tech's presence throughout this bull market, while the Yahoo Finance team points to Nvidia's (NVDA) market cap loss of nearly $600 billion in the most recent sell-off as a cause for concern from some experts who believe there's an overconcentration in tech. Magnificent Seven member stocks Meta Platforms (META), Tesla (TSLA), and Microsoft (MSFT) are set to report fourth quarter earnings this Wednesday, January 29 (that's tomorrow) followed by Apple's (AAPL) results on Thursday. Follow the biggest trends and data points Wall Street's top experts are tracking with the Fourth Edition of Yahoo Finance's Chartbook. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

  • January 28, 2025

Why China's DeepSeek cast 'uncertainty' on utility stocks

Utility stocks (XLU) are rebounding Tuesday morning following yesterday's market downturn triggered by Chinese artificial intelligence (AI) startup DeepSeek. Jefferies managing director of US power, utilities, and clean energy research Paul Zimbardo joins Morning Brief to analyze the sector's outlook. Zimbardo cautions that energy names aren't out of the woods yet, describing the DeepSeek situation as "the first wrinkle" in the yearlong AI trade. He explains that investors' previous bullish stance on utilities stemmed from expectations that AI's power demands would drive "significantly higher power contracts." "Hopefully we can ... resume some of that upward trend, but this really does kind of cast some uncertainty into that thesis," he notes. For investors seeking opportunities in the sector, Zimbardo recommends two picks: PPL Corporation (PPL) for traditional utility exposure and Talen Energy Corporation (TLN) in the power company category. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith

  • January 27, 2025

Why Anthony Pompliano says DeepSeek is 'bullish' for AI

Professional Capital Management founder and CEO Anthony Pompliano joins Asking for a Trend to share his perspective on the artificial intelligence (AI) sector following Chinese AI startup DeepSeek's mainstream emergence and growing popularity. Pompliano addresses market reactions, telling Yahoo Finance, "I think that mainstream investors have no clue what AI is; they couldn't describe to you how it works, and so anything that is new or surprising to them frankly drives fear. And if there is fear and uncertainty in the market, they sell." Despite market concerns, he views DeepSeek's emergence as "bullish" for both the AI sector and broader cryptocurrency markets. 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 Angel Smith