Mortgage Rates Little-Changed But Volatility Could Return Quickly
In stark contrast to the entire month of March, April’s mortgage rate volatility has been downright boring. To put this in context, the average top tier 30yr fixed rate rose a substantial 0.65% by March 27th. In the first five business days of April, they’ve held inside a range of just 0.04%.
Today did nothing to expand that range although it did leave rates microscopically higher versus yesterday.
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Read MoreIntel Rises 3% as SpaceX, Tesla, and xAI Tap Chip Giant for Ambitious TeraFab Project
© JasonDoiy / iStock Unreleased via Getty Images
Intel (NASDAQ:INTC) stock advanced 3% in Tuesday’s session, moving above $52 after news broke that SpaceX, Tesla (NASDAQ:TSLA | TSLA Price Prediction), and xAI are partnering with Intel on the ambitious TeraFab semiconductor initiative.
Stock market update today: When will Dow, S&P, Wall Street stabilize amid US-Iran war? Experts weigh in
US stock markets remained volatile on Tuesday as investors grappled with uncertainty surrounding the escalating conflict between the US and Iran. President Donald Trump set a fresh 8 PM ET deadline tied to the Strait of Hormuz, warning that an ‘entire civilization’ will be wiped off tonight.
Tech stocks today: Apple foldable iPhone on track for release later this year, Broadcom stock rises
In a Telegram post on Tuesday, Iran’s Islamic Revolutionary Guard Corps (IRGC) threatened to strike 18 companies for their involvement in military operations and tracking targets in the Middle East.
The companies listed skewed toward Big Tech giants. They were Cisco (CSCO),
Read MoreCheck best interest rates offered in April by banks and housing finance companies
The latest policy stance by the Reserve Bank of India further reinforces this need for careful evaluation.
The Burst
Is Palantir on the Precipice of a Sharp Fall?
Palantir (NYSE:PLTR) has been among the biggest beneficiaries of this year’s AI bull run and the more recent post-election rally. The stock started this year at just $16.58 and has since skyrocketed to over $60 per share.
The last month has been particularly dramatic when PLTR started November a little over $40 before being pushed skyward following election news that was deemed positive and a stellar Q3 earnings report.
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Read MoreThe Ivy
Can a Bitcoin ETF 30x Your Money?
If you’re bullish on Bitcoin but want more than just price appreciation, the MSTY ETF might be the most interesting option on the table.
MSTY (YieldMax MSTR Option Income Strategy ETF) is a covered call fund on MicroStrategy, a company whose stock is effectively a leveraged bet on Bitcoin.
Since launching in 2024,
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Read MoreThe Spotlight
Spotlight: Buffett Buys Real Estate Colossus
Few names are as prominent in real estate as D.R. Horton (NYSE:DHI) but when you couple a top homebuilder with the investing legend Warren Buffett taking a position in it, you’ve got an investment opportunity that demands further scrutiny.
With rising mortgage rates and waning home sales, buying a homebuilder seems an unusual play,
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