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Market Domination – Yahoo Finance
Obsolete Housing Stock, Fast Food Value Meals, Micron: Market Domination
On today’s episode of Market Domination, hosts Josh Lipton and Alexandra Canal explore trending tickers and the afternoon’s top market events. In the real estate sector, mortgage rates have fallen for four consecutive months amid a sluggish housing market. Rates are at their lowest level since April: The average 30-year fixed mortgage rate has fallen to 6.86%, according to data from Freddie Mac. As hopes of homeownership fade for some, co-founder and CEO of Kinloch Partners, Bruce McNeilage, joins Market Domination to discuss the alternative build-to-rent market. The first Biden-Trump presidential debate airs on CNN on Thursday at 9 pm ET. BTIG Managing Director and Director of Political Research Isaac Boltansky joins Market Domination to discuss why Americans should expect a focus on presentation rather than politics. Micron (MU) shares fell Thursday afternoon despite receiving multiple price target increases from JPMorgan, Needham & Company and TD Cowen. Meanwhile, Palantir (PLTR) shares rose after the company announced a partnership with Voyager Space. BlackBerry (BB) shares also soared following the company’s first-quarter report, which surprised Wall Street by beating revenue expectations. This article was written by Gabriel Roy