Tag: Buying

US home prices just hit a record high. Americans are still buying

Homes in America are the most expensive they’ve ever been, according to one measure. The median price of a previously owned US home climbed for the eleventh consecutive month in May, up 5.8% from a year ago, to $419,300, the National Association of Realtors said Friday. That’s the highest price ever recorded by NAR. “Home […]

Investors are buying into AI, and Musk, any way they can: Morning Brief

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The broadening of the stock market rally hasn’t yet arrived as investors keep piling into (just about) anything AI touches. Elon Musk revealed earlier this week that Super Micro (SMCI) will provide hardware […]

Billionaires Are Buying Up This Activewear Stock Instead

Nike is the unrivaled king of athletic wear. It is the dominant name in athletic footwear, by far, and it has created such a strong brand that even though it’s an activewear brand, it is the top-selling clothing brand in the U.S., also by a wide margin. There are plenty of reasons to hold on […]

A California millennial who makes six figures says it feels like he has to choose between buying a home, starting a family, and advancing his career: ‘I feel behind financially’

Christopher Stroup says his six figure income hasn’t made him feel “rich” because he’s struggling to meet his savings goals related to buying a home and starting a family. Christopher Stroup A California-based millennial earning six figures says he’d need to triple his income to feel “rich.” High home prices, the costs of surrogacy, and student […]

Warren Buffett has been on a 9-day buying tear with oil stock Occidental, and it could shed insight into Berkshire Hathaway’s bigger strategy, analyst says

The Oracle of Omaha has set his sights on the oil industry. Berkshire Hathaway, the holding company helmed by investing titan Warren Buffett, has upped its stake in Houston-based Occidental Petroleum, buying up shares over the past nine trading days to bring its holdings to almost 29% of the firm, according to SEC filings. The […]

Does Oracle’s (ORCL) Cloud Strength Make It Worth Buying Now?

As investors navigate the ever-changing technology landscape, the question of whether to invest in Oracle ORCL has become increasingly compelling. ORCL has undergone significant transformations in recent years, transitioning from traditional on-premises solutions to cloud-based offerings. Oracle’s growth prospects hinge significantly on the success of its cloud strategy. Its cloud offerings include infrastructure-as-a-service, platform-as-a-service, and […]