Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.

The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according…

Social Media Stocks Sink to Erase $147 Billion on Snap Warning

(Bloomberg) — Social media stocks lost about $147 billion in market value Tuesday after Snap Inc.’s profit warning, adding to woes for the sector which is already reeling amid stalling…

Snap: profit warning highlights more than macroeconomics

Snap does not have much luck with gadgets. Video recording glasses first sold in 2016 led to a near $40mn loss. The release of Pixy, a little yellow drone, has…

Opinion: ‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300

The U.S. stock and the bond markets are finally in the process of catching up with our views. We always believed these past two years represented a fake bull market…

VMware Stock Surges on Report of Broadcom Takeover Discussions, Broadcom Falls

Text size Buying VMware would strengthen Broadcom’s position in cloud computing. Dreamstime.com Shares of cloud computing provider VMware were surging Monday after reports said Broadcom was in talks to buy…

Broadcom in Talks to Acquire Cloud Company VMware

(Bloomberg) — Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter, setting up a blockbuster tech deal that would vault the…

Which beaten down stocks should I buy for the biggest long-term upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows

Which beaten down stocks should I buy for the biggest long-term upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows “Be fearful when others are greedy and greedy…

Hedge Fund Up 138% This Year Is Turning Bullish on China Stocks

(Bloomberg) — A fund manager who made triple-digit gains by hedging risks in Chinese equities is now turning bullish on mainland shares. Most Read from Bloomberg Zhao Yuanyuan’s fund at…

Costco Stock: Why It Remains a Great Investment

The market crash has driven stocks into a bear market panicking many investors as strong companies with solid results see their shares tank. It’s a market that seems to have…

4 ‘buy’ rated stocks for the rest of 2022 with up to 101% upside

Goldman Sachs: 4 ‘buy’ rated stocks for the rest of 2022 with up to 101% upside Year to date, the Dow, the S&P 500 and Nasdaq are all deep in…