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Experts predict a decline in home prices due to a significant slowdown in housing activity, influenced by the Federal Reserve's anti-inflation measures leading to high mortgage rates. Mark Zandi of Moody's and Glenn Kelman of Redfin foresee a potential drop in prices, with Zandi not expecting a market recovery until 2025 or 2026. Kelman notes an increase in housing inventory and price adjustments, suggesting a possible spur in sales. ETFs like iShares U.S. Real Estate ETF and Vanguard Real Estate ETF, and stocks such as Zillow Group, Inc (Z), Redfin Corporation (RDFN), Anywhere Real Estate Inc. (HOUS), and RE/MAX Holdings, Inc. (RMAX) offer investment opportunities in the real estate sector.

Portfolio Pulse from Bibhu Pattnaik

November 25, 2023 | 7:57 pm

AAPL

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Global smartphone sales increased by 5% year-on-year in October, ending a 27-month decline, largely due to the release of Apple Inc.'s iPhone 15 and Huawei's Mate 60 Pro. Emerging markets contributed to the growth, while developed markets saw slower recovery. Samsung leads the market share, followed by Apple and Chinese brands Xiaomi, Oppo, and Vivo. The positive sales trend suggests a potential recovery in the smartphone market.

Portfolio Pulse from Nabaparna Bhattacharya

November 25, 2023 | 6:08 pm

AAPL

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Elon Musk's social media platform X is facing a potential loss of $75 million in ad revenue due to his support for an antisemitic post. Major advertisers like Disney and Warner Bros Discovery have paused their campaigns, and over 200 ad units from companies including Airbnb, Amazon, Coca-Cola, and Microsoft are reevaluating their strategies on X. The platform has seen a drop in U.S. ad revenue by at least 55% year-over-year each month since Musk's takeover. X has also filed a lawsuit against Media Matters for defamation.

Portfolio Pulse from Bibhu Pattnaik

November 25, 2023 | 4:51 pm

TSLA

Tesla Inc. (TSLA) and Toyota Motor Corporation (TM) are competing in the automotive market, with Tesla focusing on electric vehicles (EVs) and Toyota on hybrids. Tesla aims to overtake Toyota by 2030, but faces slowing EV sales growth in the U.S. while hybrids gain popularity. Toyota's hybrid sales have increased by 20% this year, and the company plans to make the next-generation Camry exclusively hybrid. TSLA shares closed up 0.53% at $235.45, rising to $235.70 after hours. TM shares closed up 2.21% at $188.30 after hours.

Portfolio Pulse from Nabaparna Bhattacharya

November 25, 2023 | 4:27 pm

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Wall Street saw gains with the Dow Jones, S&P 500, and Nasdaq Composite all rising. The Federal Reserve's minutes indicated no rate hikes for December and potential rate cuts by 2024. S&P Global PMI showed stability in U.S. private sector activity. Bullish views were presented for Amazon (AMZN) and Nvidia (NVDA), with predictions of growth driven by AI. A crypto analyst predicted a significant rally for Dogecoin (DOGE). Bearish news included General Motors (GM) cutting Super Bowl ad spending, potential lawsuits against Netflix (NFLX) for on-set injuries, and a class action lawsuit against Apple (AAPL) for peer-to-peer payment fees.

Portfolio Pulse from Michael Cohen

November 25, 2023 | 3:05 pm

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Electric vehicle stocks had mixed results with Tesla and Chinese EV companies ending positively. Tesla faced a strike in Sweden and is preparing for the Cybertruck launch. Rivian's CEO RJ Scaringe is taking on more product development roles. Fisker's stock rallied despite a disappointing quarterly report. Nio's executive refuted rumors of the company's collapse. GM's Cruise is planning a cautious robotaxi relaunch. The KraneShares Electric Vehicles ETF saw a slight weekly decline.

Portfolio Pulse from Shanthi Rexaline

November 25, 2023 | 2:34 pm

QQQ

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Investors have poured $40 billion into equities in the past two weeks, driving the S&P 500 to its best November performance since 1980. The S&P 500 has risen 8.7% in November, and the SPDR S&P 500 ETF Trust (SPY) has returned 18% YTD. The Invesco QQQ Trust (QQQ) has surged 45% YTD. Despite the strong performance, Bank of America's 'Bull & Bear Indicator' has exited the 'Buy' zone, signaling potential shifts in market sentiment.

Portfolio Pulse from Piero Cingari

November 25, 2023 | 2:08 pm

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Bitcoin (BTC) faces a potential price drop to $30,000 due to bearish divergence, as indicated by the RSI marking lower lows while the price hits higher highs. The bullish momentum is threatened by the SEC's delay in approving spot Bitcoin ETFs. Whale investors continue to accumulate Bitcoin, adding 60,000 BTC recently, which could delay the price decline if profits don't reach a level that triggers selling.

Portfolio Pulse from Rounak Jain

November 25, 2023 | 8:55 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has successfully attracted crowds to its showrooms on Black Friday by showcasing the upcoming Cybertruck. The first deliveries are scheduled for Nov. 30 at Gigafactory Texas, with pricing and configurations details still pending. The Cybertruck displays across various U.S. locations have generated significant public interest, indicating a positive reception ahead of its launch.

Portfolio Pulse from Anan Ashraf

November 25, 2023 | 7:34 am

TSLA

Elon Musk has confirmed that Tesla Inc's (NASDAQ: TSLA) Full Self-Driving version 12 (FSD V12) has begun rolling out to employees. This follows Musk's June statement that V12 would not be in beta, suggesting full autonomy. The release aligns with Musk's earlier prediction of a two-week rollout timeframe, despite his reputation for such timelines often being delayed. FSD is currently in beta and requires driver supervision, but Musk has reiterated that V12 will not need it and will exceed human safety unsupervised.

Portfolio Pulse from Anan Ashraf

November 25, 2023 | 3:44 am