The Zacks Analyst Blog KBE, XLE, ITA, CRPT and RSHO
KBE, XLE, ITA, CRPT and RSHO are included in this Analyst Blog.
KBE, XLE, ITA, CRPT and RSHO are included in this Analyst Blog.
U.S.-listed ETF inflows surpassed $900 billion this week.
Ovintiv Inc. (NYSE:OVV) shares are trading higher after the company inked a definitive purchase agreement to acquire certain Montney assets from Paramount Resources Ltd. (OTC:PRMRF), in an all-cash transaction valued at around $2.377 billion (C$3.325 billion). Post closure, the acquisition is expected to add about 70 MBOE/d of production (approximately 25 Mbbls/d of oil and condensate), 900 net 10,000 foot equivalent well locations, and approximately 109,000 net acres (approximately 80% undevelo
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less than initially thought in 2025.
Let's delve into the sectors that may benefit from the Trump administration and the ETFs worth betting on.
Morningstar technology analyst William Kerwin joins Morning Brief to discuss the potential impact of the Trump administration on Big Tech companies. While Kerwin notes that "a lot remains to be seen," he is focused on how Trump's trade policies could affect companies like Apple (AAPL) that have a presence in China. Kerwin believes these companies may seek to diversify their trade relationships to regions like India or Southeast Asia, stating "it will be a trend across the sector." However, he cautions that high China exposure does not necessarily equate to high investment risk, saying, "You really have to unpack what's in that exposure." Regarding regulatory impacts, Kerwin thinks "there could still be some antitrust [action] against the largest of tech companies." But he also expects "M&A deals at the rung just below those largest of largest tech companies can start to pick up again over the next four years." 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
IBIT has rocketed 35% since the day before the election.
October's Consumer Price Index (CPI) report showed that shelter prices rose 0.4% month-over-month and 4.9% year-over-year. Despite this, weekly mortgage applications rose for the first time in seven weeks. To unpack the factors contributing to shelter inflation, Wealth welcomes Yahoo Finance reporters Dani Romero and Claire Boston. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
The October CPI (Consumer Price Index) print saw headline and core inflation rising in line with economist expectations. While materials costs and housing prices tick higher, what does this mean for homebuilders? The National Kitchen & Bath Association (NKBA) CEO Bill Darcy joins Seana Smith and Madison Mills on Catalysts to talk about the homebuilder sector's reaction to the current inflationary environment. "Our members are telling us 8% growth [in consumer spending] in 2025, compared to 1% only in 2024. So a lot of optimism... The home is really still the place where people focus their monies despite the inflation and uncertainties. It's really where they want to spend their money," Darcy explains. "And while new home construction has a big factor and... I think when rates get around 5%, you see more activity around new home construction and things like that." Home improvement retailer Home Depot (HD) beat its third quarter earnings estimates, seeing sales rise 6.6% annually to $40.2 billion. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.
President-elect Donald Trump believes that his mass deportation plans will positively impact the housing market and lower home prices. But how true is this statement? To unpack this claim, Yahoo Finance housing reporters Dani Romero and Claire Boston join Wealth to discuss how migrant workers and immigration can actually benefit the construction industry and broader housing market dynamics. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith