Investors now own over 131,000 homes in the Las Vegas Valley, with sales of previously owned homes in November rising 4.8% from October. Lawrence Yun, chief economist for the NAR, notes that the housing market is gaining momentum, with increasing buyer interest and growing housing inventory. Despite rising prices and tightening supply, first-time homebuyers are making up 30% of sales, while cash sales remain strong at 25%.
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Navitas Semiconductor (NASDAQ:NVTS) reported Q2 2025 results with GAAP revenue of $14.5 million, a 29.3% decline year-over-year, while non-GAAP operating loss improved to $10.6 million. Despite a GAAP net loss per share of $(0.25) exceeding estimates, the company has $161.2 million in cash following a $100 million capital raise, focusing on AI data centers and energy infrastructure. Want More Context? 🔎
Read moreBank Of The James Financial Group (NASDAQ:BOTJ) reported a strong Q2 2025, with earnings per share rising to $0.60 and revenue increasing to $12.33 million, despite overall net income for the first half lagging behind the previous year. The bank focuses on community banking in Virginia, emphasizing local relationships, geographic expansion, and risk management while navigating higher costs and flat noninterest income. Want More Context? 🔎
Read moreMany older Americans, particularly those aged 60 and above, face financial challenges in retirement without savings plans like 401(k)s or IRAs, leading to 8 million enrolling in SNAP for food assistance. Approximately 85% of these beneficiaries live alone, with over half relying solely on general assistance or Supplemental Security Income (SSI) for their livelihoods. Want More Context? 🔎
Read moreStablecoins have gained significant attention in 2023, with Treasury Secretary Scott Bessent highlighting their impact as a "force multiplier" for the U.S. dollar in a July op-ed. The stablecoin industry has surged from $20 billion to $250 billion in five years, with projections suggesting it could exceed $2 trillion soon, marking a substantial shift in digital finance. Want More Context? 🔎
Read moreUpstart (NASDAQ: UPST) is a financial services innovator with an AI-powered lending platform that enhances creditworthiness assessments, aiming to boost approval rates while managing default risks. Despite share volatility, the company is gaining investor confidence, and an investment of $1,000 in the fintech stock three years ago illustrates its potential growth. Want More Context? 🔎
Read moreIn a volatile market, risk-averse investors may find dividend stocks appealing for their potential to provide reliable passive income. One notable option is Realty Income (NYSE: O), a REIT known for strong dividends, which can avoid corporate taxes by distributing over 90% of taxable income to shareholders while adhering to specific income requirements. Want More Context? 🔎
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