Mortgage Rates Just Hit a Four-Week High Thanks to Iran. Are Homebuilder Stocks a Buy on the Dip?
Key Points
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Mortgage rates have risen over the last month as investors bet that the extended closure of the Strait of Hormuz could lead to inflation and higher interest rates.
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Homebuilders have reported declining sales in the first quarter.
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The housing market seems unlikely to recover as long as mortgage rates remain elevated.
Tesla, Rivian, or Lucid: Which EV Stock Came Out Ahead in April?
Quick Read
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Rivian (RIVN) stock surged 9% in April after the automaker secured a $1B Volkswagen (VWAGY) equity investment and a $4.5B Department of Energy loan, with Q1 revenue of $1.38B (up 11% YoY) and deliveries of 10,365 units (up 20% YoY).
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Tesla (TSLA) stock gained 3% with Q1 2026 EPS of $0.41 beating consensus,
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Read More3 High-Yield Energy Stocks to Buy in May
The news is filled with stories about high energy prices. While that’s bad for filling your gas tank, it is good for energy company revenues. Expecting strong financial performance, Wall Street has pushed up energy stock prices. Now is the time for caution, because history shows oil prices will eventually fall.
If you are looking for a high-yield energy stock right now,
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Read MoreTrump says he’ll place 25% tariff on autos from the EU, accusing it of not complying with trade deal
WASHINGTON (AP) — President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment.
Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.
Read MorePrediction: Where Micron Stock Will Be in 5 Years
Micron Technology (MU +4.80%) is one of the hardest companies to project in the market. While it’s booming right now, the industry that it operates in is cyclical, which could lead to investing headaches years down the road. On the flip side, there is a huge supply constraint that could provide years of excellent growth until the memory crunch is solved.
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Read MoreThe Burst
AppLovin’s Rally Hits a Rough Patch
After an extraordinary run that sent shares soaring nearly 300% over the past year, AppLovin suddenly lost momentum in early October. The sell-off came as a shock to investors who had watched the ad-tech company become one of Wall Street’s brightest stars.
The trigger was a Bloomberg report revealing that the SEC had opened an investigation into AppLovin’s data-collection practices.
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Read MoreThe Ivy
Why Did Buffett Buy Google?
When Berkshire Hathaway showed up with a new position in Alphabet, more than a few eyebrows went up. Alphabet, after all, is pursuing everything from autonomous driving to quantum computing, hardly the plain-vanilla playbook Buffett made famous.
But once you dig in, the move becomes far less mysterious. Alphabet is still, above all else,
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Read MoreThe Spotlight
Buffett Would Love This Moat, Freeport’s Hidden Growth Engine
In the short run, tariff headlines can turn Mr. Market into a nervous wreck. In the long run, owners do fine by owning scarce, low-cost assets run by rational people. Freeport-McMoRan fits that bill.
U.S. copper prices sold off after Washington excluded refined copper from its new 50% tariffs and instead targeted semi-finished products like wire,
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