LIVE Trump Treasury secretary nominee Scott Bessent's confirmation hearing Hanover - Delayed Quote • EUR Nasdaq EM Plus Korea Mid Cap TR (OD6H.HA) Follow 89.70 +0.27 +(0.30%) As of 9:15:44 AM 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. Tips for first-time and low-income homebuyers: CEO Affordability challenges persist for people looking to buy a home after the latest economic data showed housing inflation aligned with expectations. Southern Bancorp CEO Darrin Williams joins Wealth host Brad Smith to discuss how first-time and low-income homebuyers can navigate the challenging housing market. Williams outlines three tips for first-time homebuyers: "First of all, it's so important to know your credit score. Know what's on your credit report," he explains. "Then let's do our best to reduce debt ... to help you position yourself to be ready to really afford a home." Finally, he says, "Let's work with a professional, like our mortgage professionals here at Southern Bancorp, that can help you with researching programs to assist ... first-time homebuyers, a number of opportunities that you can take advantage of." For low-income individuals who are looking to buy a home, Williams notes, "Wealthy people have wealth advisers; well, low-wealth people also need wealth advisers." Watch the video above to learn about Williams' expectations for merger and acquisition (M&A) activity for regional banks. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. Shelter inflation signals moderation as home prices 'calm down' December's Consumer Price Index (CPI) print revealed that shelter inflation increased 0.3% month-over-month and 4.6% annually, showing a slight cooling from the previous month. Intercontinental Exchange (ICE) Vice President of Research and Analysis Andy Walden shares his insights on housing market trends with Catalysts. Walden sees parallels between the CPI shelter data and broader home price trends: "You are seeing home price growth calm down." Looking ahead to 2025, Walden emphasizes that housing market growth will largely depend on interest rates and "what that does for demand." Current trends suggest home price growth ticked up in December 2024 and will moderate to around 3% in early 2025. For a full analysis of how Federal Reserve policy could impact housing markets and regional forecasts, watch Walden's full interview 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 Trump's energy secretary pick may signal US growth in 2025 The confirmation hearing of Chris Wright, President-elect Trump's nominee for Secretary of the Department of Energy, is underway this Wednesday on Capitol Hill. Hennessy Energy Transition Fund portfolio manager Ben Cook joins Catalysts to share his insights on Wright's appointment and its potential implications of for the energy sector. Cook says this nomination "says a lot about the Trump administration's plans for unlocking the abundance of energy resource that we have here in the United States." He notes that the administration views this energy abundance as "a source of strength" in reducing regulatory barriers in the energy sector. "It's important to remember we continue to operate as an industry with a strong sense of capital discipline," he states. "The Trump administration can strongly encourage the industry to begin drilling and grow production, but ultimately it's the companies themselves that make those decisions, and as we know, they answer to the shareholders." Looking ahead to 2025, Cook projects crude oil (CL=F, BZ=F) prices will remain within the $70 to $80 per barrel range and expects US crude oil and natural gas (NG=F) production to increase. For investment opportunities in the energy sector, Cook recommends focusing on high-quality, large-cap companies. He specifically highlights Exxon Mobil (XOM), Cheniere Energy (LNG), and Suncor Energy (SU) as promising investment prospects. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith 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 Energy stocks take 'early lead' in 2025 as natural gas shines Energy stocks started the new year with a bang as January proves to be a robust month for oil and gas. 'Drill, baby, drill' should allow US to 'keep a lid' on oil prices Oil (CL=F, BZ=F) prices are decreasing, with Exxon Mobil (XOM) and Shell (SHEL) shares ticking down as they respectively cite narrowing refining margins and slowing natural gas (NG=F) sales. On Market Domination, Tortoise senior portfolio manager and managing director Rob Thummel discusses the valuation of top energy companies while addressing the mantra behind Republican leaders and President-elect Donald Trump's stance on US oil, better known as "Drill, baby, drill." "We have a significant amount of reserves across the US. And so what? Drill, baby drill means to me is that when we need it, we'll be able to drill more and produce more," Thummel explains. "But the goal will be to keep inflation moderated, and keep oil and natural gas prices at moderate levels so that they just don't get out of control." Thummel also highlights that geopolitical tensions between the US and Iran under a Trump 2.0 administration could put a further strain on oil pricing: “If you sanction Iran then and actually apply the sanctions, you're going to have a basically less oil supply because the result will be lower exports of crude oil from Iran — which basically takes supply off of the market." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch 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 Constellation Energy nearing $30B deal with Calpine: BBG Energy company Constellation Energy (CEG) nears a deal worth $30 billion with major electricity generator Calpine, according to Bloomberg. Market Domination hosts Julie Hyman and Josh Lipton review what could be a major play in the energy sector. 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. ETFs to watch for in next wave of AI growth in 2025 ETF inflows reached record inflows of $1 trillion in 2024, with many on Wall Street expecting this trend to continue well into 2025. Strategas Securities ETF and technical strategist Todd Sohn appears on Catalysts to highlight the AI trade as a key theme for ETF investing. “We like ETFs because they spread around the bets... As long as the ETF is not too overweight, one or two single names, you're going to get the benefit of whoever emerges from that pack," Sohn tells Seana Smith and Madison Mills. Sohn underlines the VanEck Uranium and Nuclear ETF (NLR) as one of his preferred picks as nuclear energy providers become a key asset in expanding artificial intelligence infrastructures. "Single stock ETFs are a boom for issuers because of the high fees involved. They are trading vehicles for highly trained professionals who have a high conviction," Sohn explains. In the video above, Sohn discusses the optimism surrounding ETF inflows projected for 2025 while noting the risks expected for markets. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch Nvidia, bitcoin, energy sector: Market takeaways Yahoo Finance Markets and Data Editor Jared Blikre joins Asking for a Trend to review takeaways from the trading day, including Nvidia's (NVDA) pullback, bitcoin's (BTC-USD) fall from $100,000, and the energy sector's (XLE) gains. 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 Naomi Buchanan. 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