News

Why a housing market 'thaw' never came in 2024

Wall Street analysts had hoped the housing market would show signs of life in 2024. Instead, it remained stagnant: Sales of previously owned homes are poised to set the record for the worst year since 1995 for the second year in a row.

'Skip Forward': Cruise Company Markets $159K 4-Year World Tour To Election-Weary Travelers

As political tensions rise in the United States, a unique opportunity is catching the attention of election-weary travelers. Villa Vie Residences, a Florida-based cruise company, offers a multiyear global adventure aboard its luxury vessel, the Villa Vie Odyssey. Dubbed the "Skip Forward" program in a press release from Villa Vie, the cruise is part of a 15-year worldwide journey that allows travelers to hop on or off at various ports, providing a way to "escape from reality." A Floating Escape

Why This Surprising Dividend Stock Is Still Attractive after an 80% Rally

Shares of Cal-Maine (CALM) have gained 80% this past year. While it may be surprising that a producer of eggs and egg products posted a scorching performance in a year otherwise dominated by AI, tech stocks, and crypto, the results show Cal-Maine was a major winner nonetheless. And here’s what’s even more surprising — it’s still an attractive buy, even after this impressive run. I’m bullish on shares of Cal-Maine based on its strong recent performance, strong positioning in the current consumer

AppLovin Stock (APP) May Struggle for More Momentum after 687% Rally

I invested in AppLovin (APP) when the company was worth less than $15 billion. Today, that figure stands at over $113 billion after a 687% rally over 12 months. However, I’m a little concerned that the momentum might be running low simply because the company’s valuation may prove unsustainable unless it can present further catalysts. For now, I’m neutral on this stock, given the evolving interest rate environment, the potential for more risk-off sentiment, and the stock’s valuation. What’s Drive

Germany Reels After Attack at Christmas Market Kills Five

(Bloomberg) -- Germany is reeling after an attacker drove a car into a Christmas market in the eastern city of Magdeburg, killing five people, in an incident that’s likely to inflame debate over public safety ahead of federal elections in February.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City

Tiny But Vital Metal Markets Rush to Adjust to Chinese Clampdown

(Bloomberg) -- Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to B

Almacenes Éxito to Delist from NYSE and Focus on Colombian Market

An announcement from Almacenes Exito SA Sponsored ADR ( (EXTO) ) is now available. Almacenes Éxito S.A., a major player in the retail industry, has announced its decision to voluntarily delist its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) and deregister its securities under the U.S. Securities Exchange Act of 1934. This strategic move aims to consolidate the company’s stock in its primary market, Colombia, to enhance liquidity and increase shareholder returns. The