LIVE Trump Treasury secretary nominee Scott Bessent's confirmation hearing XETRA - Delayed Quote • EUR MUL-Amundi ESt600 Banks A (FINDA.DE) Follow 51.09 +0.15 +(0.29%) As of 4:28:36 PM GMT+1. Market Open. Related ETF News Edison International upgraded amid California wildfires. Here's why. Utility provider Edison International (EIX) has been upgraded to Neutral from Sell by the team at Ladenburg Thalmann. Edison International's shares underwent a notable sell-off amid escalations in the wildfires that blazed through Southern California. Edison's subsidiary Southern California Edison (SCE) is reportedly under investigation by California fire authorities searching for potential link to the Los Angeles wildfires. Market Domination's Julie Hyman and Josh Lipton review the analyst commentary as EIX's stock gets a nearly 5% lift ahead of the closing bell. Follow along Yahoo Finance's recent coverage of the Southern California forest fires and its impact on various industries: California Edison parent's stock falls amid investigation, lawsuit over alleged role in LA wildfiresHow the LA wildfires may hit Big Bank earnings in 2025Utility, insurance stocks falling as California wildfires blazeWildfire recovery must address insurance: Rep. Mike Flood SouthernCalifornia fires spark insurance crisis, projected losses of $150BInsurance stocks tumble as LA blazes 'among the most costly wildfires' in California historyCalifornia homeowners insurance market tested as fires rageThe risk landscape for insurance in 2025: AXIS CEO talks coverageKey insurance advice amid Southern California wildfires To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. AI data center power demand to grow 160% by 2030 globally: Analyst President Biden has signed an executive order allowing federal lands to be used for data center buildouts and supporting clean energy facilities. Brian Singer, Goldman Sachs Global Investment Research Global Head of GS Sustain, joins Catalysts to discuss the growing energy demand to power these artificial intelligence data centers. Singer projects AI data center power demand will grow 160% globally by 2030 compared to 2023 levels. "This is a significant expansion in the United States," he says, adding that "that's why we think this all-in approach that governments and corporates and hyperscalers and utilities are taking to try and ensure reliability... is going to be a significant investment theme going forward." According to Singer, the combination of data centers and increased power demands from non-AI sources, industrialization, reshoring, and electrification "is what's going to take power demand in the United States to levels that we haven't seen since the 1990s." Watch the full video above for insights on how the Trump administration's policies could impact this sector. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Interested in Artificial Intelligence (AI) Stocks in 2025? You Might Consider Buying This Top-Performing ETF. This top-performing ETF's largest three stock holdings are Nvidia, Taiwan Semiconductor Manufacturing, and Broadcom. The blunt truth on Nvidia, the 'Magnificent 7,' and markets With great promise, comes great expectations — sometimes too lofty of expectations. Mortgage rates could fall to 5.8% by year's end: Serhant agent Serhant Team Lead and Licensed Real Estate Agent Sean McPeak joins Wealth to discuss the housing market and share advice for home shoppers. McPeak forecasts mortgage rates dropping below 6% in the coming year, with the 30-year fixed rate likely reaching 5.8%. He notes that this decrease depends on the Federal Reserve continuing its interest rate-cutting cycle and proper market risk pricing. "Better conditions for buyers" are emerging across the market, McPeak explains, with cooling prices in various states and increasing inventory in urban and mid-country regions. "I do think conditions have improved; however, in markets like New York City, where there is a lot of regulation and a very high cost of labor, we are seeing less supply come into the market, which is also kind of keeping prices propped up." For prospective homebuyers, McPeak recommends targeting properties that have been listed for extended periods and limiting house tours to six per day, noting that "after a long day of shopping for houses, it all kinds of blends together." He also suggests maintaining a reference file for preferred properties. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Edison International stock falls 10% amid California wildfires Wildfires continue to blaze across Los Angeles, leaving nearly 400,000 residents without electricity and forcing over 70,000 to leave the area under a mandatory evacuation order. Market Domination host Julie Hyman monitors the negative stock moves in Edison International (EIX), a major utility provider in southern California. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith Nvidia stock falls after notching record high ahead of CES AI superchip debut Nvidia stock (NVDA) fell Tuesday, reversing direction after a rally fueled by CEO Jensen Huang’s keynote at the tech industry’s annual CES trade show in Las Vegas late Monday. CBRE transaction data points to CRE recovery after 2-Year slump CBRE Group (CBRE) reported the first increase in real estate transaction volume in over two years during the third quarter of 2024. Janus Henderson Investors portfolio manager of global real estate Gregory Kuhl joins Catalysts to analyze the implications of this transaction data for the broader commercial real estate sector. According to Kuhl, transaction data reveals a sharp decline throughout 2022 and 2023, followed by a recovery in 2024. He explains that higher interest rates necessitated a commercial real estate market revaluation, stating, "That basically has taken place over the last 2 years." With buyers and sellers now reaching consensus on price levels conducive to transactions, Kuhl anticipates further improvement in the first quarter of 2025. For a full analysis of how Kuhl believes interest rates will influence commercial real estate sector performance in 2025, viewers can watch the full video above. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Nvidia CEO Jensen Huang says company's racing to get next-gen Blackwell chips 'into every data center in the world' As Nvidia races to bring more of its next-gen chips online, CEO Jensen Huang expects revenue from its new Blackwell chips to eclipse its previous Hopper platform early this year. Buffalo, NY leads top 5 housing markets in 2025: Zillow Zillow (Z, ZG) has unveiled its predictions for the top five housing markets in 2025, with Buffalo, New York securing the leading position. Indianapolis, Indiana takes second place, followed by Providence, Rhode Island in third. Hartford, Connecticut and Philadelphia, Pennsylvania complete the rankings. Wealth host Brad Smith examines Zillow's hot market criteria and what these predictions signal for the broader housing market. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith NVIDIA Regains Momentum on AI Growth: ETFs to Tap NVIDIA regained its glory at the start of 2025 and is expected to continue its rally on AI growth. Housing stalemate: Do sellers have to lower their expectations? Redfin chief economist Daryl Fairweather joins Asking for a Trend to explain that while an increase in available home listings appears helpful to prospective homebuyers, these homes may be sitting on the market longer due to overpricing and various other realty obstacles. Fairweather discusses the "stalemate" situation where homeowners feel hesitant to lower their asking prices because they’re holding onto low mortgage rates. "A lot of homeowners record low mortgage rates, and they're not really willing to budge on price because they feel like it's not worth it for them to sell and then have to buy again if they're not getting a high enough price on the home that they currently have," Fairweather explains. Fairweather says the stalemate is going to have to "resolve somehow," mentioning homeowners lowering their price or delisting as possible answers. She goes on to comment on the trajectory of mortgage rates in the latter half of 2025, believing they will "stay flat" while exhibiting volatility that is to be expected. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Josh Lynch 2025 is a 'big year for nuclear': Why Vistra and Talen are top picks Constellation Energy (CEG) is in focus after the company secured a $1 billion government contract to supply power to numerous governement agencies. The record-setting deal comes as Big Tech companies turn to nuclear energy to power artificial intelligence (AI) data centers. Jefferies managing director of US power, utilities, and clean energy research Paul Zimbardo joins Catalysts with Seana Smith and Madison Mills to discuss his outlook for the nuclear energy space in 2025. "I think 2025 is going to be a big year for nuclear, both [for] existing nuclear as well as new nuclear," Zimbardo says, explaining, "And it comes back to a topic that we've been following closely. It's just the power demand from data centers, and AI is accelerating." The analyst says related stocks still have room to run, with Vistra (VST) and Talen Energy (TLN) as his top picks. While there may be some concerns among investors that President-elect Donald Trump's policies could be negative for nuclear energy, Zimbardo notes the nuclear shift comes from the necessity for more power for AI data centers. "There's no real options besides the existing nuclear plant. If you want to add your data centers in the next five to seven years." Zimbardo expects hyperscalers like Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), and Meta Platforms (META) to continue to acquire nuclear power as well as "all of the players in large size as well." Catch Yahoo Finance's full interview with Goldman Sachs' Carly Davenport on the role regulated utilities will have in building out the energy infrastructure for AI data centers. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Nvidia, chip stocks gaining on Foxconn's record Q4 revenue Nvidia (NVDA), Micron (MU), Super Micro Computer (SMCI), and Taiwan Semiconductor Manufacturer (TSM) after Foxconn Technology Group (2317.TW) — which trades as Hon Hai Technology Group in China and Taiwan — reported faster-than-expected sales growth boosted by artificial intelligence (AI) hardware demand. Semiconductor stocks are in focus ahead of Nvidia CEO Jensen Huang's keynote at the 2025 Consumer Electronics Show (CES). Bank of America analysts highlight that Advanced Micro Devices (AMD) and Marvell Technology (MRVL) executives will also deliver remarks. Julie Hyman and Josh Lipton outline what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Regulated utilities positioned to drive AI infrastructure expansion Vistra (VST) and Constellation Energy (CEG) saw massive gains in 2024 as the next phase of the so-called AI Revolution looks to build out the infrastructure for data centers, starting with an energy grid capable of supplying and powering them. "As we think about this theme, there's so much investment that's going to be needed to prepare a system that hasn't seen power demand growth in over a decade, to be able to actually connect all of these facilities to the grid," Carly Davenport, Goldman Sachs Vice President in Global Investment Research covering US utilities (XLU), tells Madison Mills on Catalysts. "So we think the regulated utilities are very well positioned to do that, and we think it's going to drive an expansion in their capital investment." Davenport also speaks about investment opportunities seen in NextEra Energy (NEE) and the potential for nuclear energy to power the AI infrastructure set up by President Biden's Inflation Reduction Act (IRA). To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan. Expect another 'sluggish' housing market in 2025: Broker's advice Challenge conditions for the US housing market could be staying around longer than expected in 2025. Sotheby's International Realty Global Real Estate Advisor Jenna Stauffer appears on Wealth with Brad Smith to provide tips for homebuyers attempting to navigate a sluggish market. Stauffer notes that the housing market saw affordability and inventory constraints, which she believes will stick around this year and lead to downward pressure on home prices. Her advice for home buyers is to stay persistent, noting sellers are still pricing homes based on past market conditions. "There are some sellers that still have priced their homes according to, maybe, prices we were seeing more back in 2022," Stauffer explains. "And now they're going to have to adjust their expectations. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Josh Lynch After Blockbuster 2024, Gold ETFs to Sparkle Further in 2025 After the best year in nearly 15 years, gold is set to shine more in 2025. Investors should bet on these ETFs. Mortgage rates tick up for third straight week, flirting with 7% Mortgage rates ticked up from the week prior with the 30-year fixed-rate mortgage rising from 6.85% to 6.91%. This marks the third straight week of gains for rates, as reported by Freddie Mac. Yahoo Finance senior housing reporter Claire Boston joins Brad Smith on Wealth to discuss what rates reaching 7% could signal for US housing market demand. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Investors Sell Gold ETFs for Fourth Year Even With Fed Easing (Bloomberg) -- Investors sold off gold-backed exchange-traded funds for a fourth straight year in 2024 despite a backdrop of repeated record high prices and the start of monetary easing by the Federal Reserve.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Loc Fannie Mae and Freddie Mac could go private, Bill Ackman says Fannie Mae (FNMA) and Freddie Mac (FMCC) — the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation, respectively — are trading higher after billionaire activist investor Bill Ackman said the companies could go private around 2026, exiting government conservatorship which the mortgage companies have been under since the 2008 housing crisis. Julie Hyman outlines what investors need to know on Market Domination. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.