• 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