With shares up by 223% year to date, Rigetti Computing (NASDAQ: RGTI) is soaring as Wall Street becomes more interested in quantum computing. Let's dig deeper to decide if Rigetti is a potential millionaire maker. What is a quantum computer?
We recently compiled a list of the 11 Best Lithium and Battery Stocks To Invest In. In this article, we are going to take a look at where QuantumScape Corporation (NYSE:QS) stands against the other lithium and battery stocks. The West Auto Industry Faces Uncertainty with Potential Tariffs and Policy Reversals According to a Reuters report […]
As mortgage rates trend lower ahead of the new year, Chase Home Lending's head of refinance and home equity, Nina Gidwaney, joins Alexandra Canal on Wealth! to break down what she expects from the housing market in 2025. "We hope that we'll see some relief in 2025. Of course, we can't predict where rates will go. I can tell you that if rates were to fall below 6%, about 4.7 million customers would become in the money for a refinance. And, of course, it would open up the purchase market and help prospective homebuyers get into the market. So we do hope that we'll see some additional rallying in [2025]," Gidwaney says. She explains, "Here's how we're thinking about it. Obviously, with the recent rallying in September and October and the Fed cutting their rate by about 50 basis points, that created some alleviation in the refinance rates and also purchase rates. We saw some good momentum in that period of time." "So, we would expect that as customers continue to get more comfortable with more elevated rates, that they may be willing to get out of the lock-in effect ... if they're sitting on an ultra-low rate, that they may be willing to trade that for a higher rate in order to be able to move and switch into a different home. That will then create more inventory and more opportunities for prospective homebuyers to get into the market." To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.
With market dynamics appearing favorable for equities heading into 2025, Schwab Center for Financial Research fixed income strategist Collin Martin joins Seana Smith and Madison Mills on Catalysts to make the case for bonds. Martin says corporate bonds, which play an important role in a balanced portfolio, have "really attractive" yields at the moment. "We think it's important to focus on income and... [yields], where you get some volatility here and there, but from a big-picture standpoint, if you look at investment-grade corporate bonds... you can get average yields of around 5%." Martin also emphasizes current average yields because "if we go back relative to the past 15 years or so, we're still at attractive levels." The strategist adds that fixed income "plays a huge role for investors as they're approaching retirement, specifically, or they're in retirement, and given what we think is a relatively positive economic outlook, we're okay taking a little risk with corporate bonds. And we think they're a nice way to boost some income in your overall portfolios." Watch the video above for more from Martin on his bonds outlook ahead of 2025. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.