Market Trends - Pending home sales increased by 1.9% in October compared to September, exceeding expectations [1] - However, sales were down by 4% compared to October of the previous year [1] - Increased availability of listings compared to the previous year, but supply growth has stagnated recently and is currently weakening [2] - Mortgage rates initially fell, potentially boosting demand, but subsequently rose again in November [2] Regional Analysis - Sales increased on a monthly basis in all regions except the West, which experienced a slight decrease [3] - The West is identified as the most expensive region in the country [3] Seller Behavior - Redfin reported that nearly 85,000 US sellers delisted their homes in September, a 28% increase year-over-year and the highest level for that month in eight years [4] - Consumer sentiment is believed to be a contributing factor to the increase in delistings [4] Seasonal Impact - The housing market is entering its typically slow season [3]

Warren Pies, I bring you in. Um, you say there were some signs of capitulation last week. Tony Pascarella put out a note suggesting the same.Maybe it just looks a little different than historically we're used to. >> Yeah, thanks for having me. Um, yeah, we upgraded equities at the end of last week to overweight and we expect uh new all-time highs.Good chance to surpass 7,000 before end of the year. You know, I'll just give you a few things to think about. our sentiment model which is uh it takes like as man ...

Brand Awareness & Marketing - Crimestoppers aimed to increase brand awareness among a younger demographic [1] - A deal was struck with a radio station to advertise Crimestoppers to a younger audience [1] - The radio segment became the station's most popular [1] Content Strategy & Development - The initial goal was to use storytelling to promote Crimestoppers [1] - The success of the radio segment led to exploring longer, more in-depth storytelling opportunities [2] - The motivation behind the storytelling was to give back to the community [2]

and stocks will still climb even higher. Ed Yardeni is the president of Yard Denny Research joins us now. It's good to see you.You don't shy away from controversial takes. Some might find this to be just that. Why do you think this market can go higher even if the Fed does little.>> Well, I think that if the Fed does cut rates, we'll have to watch what the bond market does because last year when the Fed cut the Fed funds rate by 100 basis points, the the bond yield went up by 100 basis points. Uh I think mu ...

I'll come back to you all in just a minute. I want to expand this conversation though on the prospects of a new Fed chair and maybe it if it is Kevin Hasset. Let's welcome in uh Richard Fischer.He's the former Dallas Fed president. He joins us now. We wanted you so high in our show because the market liked this report.Um do you like the report. >> Yeah, look it would follow tradition. Janet Yellen, Ben Bernani all came as former heads of the Council of Economic Adviserss even.That's that's where Kevin Hasse ...

Retail Investor Activity - Retail investors have been exceptionally active in the markets this year, showing unprecedented levels of participation [2] - Individual investors are heavily invested in broad-based ETFs like SPY (Vanguard S&P 500 ETF) and gold [2] - Retail investors are sticking with the AI trade, despite institutional investors expressing doubts [3] Leverage and Risk - Retail investors are increasingly leveraging their investments [3] - Brokerage account leverage has surpassed $1.1 trillion, reaching record highs since the 1990s [4] - Leveraged ETFs have assets exceeding $140 billion [6] - Leveraged crypto trades have suffered losses recently [6][7] Market Performance and Sentiment - Individual investors who have been cautious are likely feeling positive about the market's performance, with the S&P 500 up 15% [8] - The US market has delivered blockbuster returns over the past two years, with a 15% increase this year [9][10] - Some investors are selling hot momentum stocks like Microstrategy, Robinhood, and Palantir, which are down double digits [11]

Financial Performance & Investment Concerns - Meta's capital expenditures are growing faster than its revenue, raising concerns for investors [1] - Projected capital expenditures for the year could reach as high as $72 billion, an 84% increase from the previous year [2] - Meta's capital expenditures as a percentage of revenue could reach 37% this year [2] - Analysts are questioning when investors will see a return on Meta's significant spending [2] AI & Competitive Landscape - Meta's flagship AI model, Llama 4, has been described as underwhelming [3] - Goldman Sachs highlights the intense competition surrounding foundational models and less visibility into Meta's potential returns compared to rivals [3] - There has been a measurable impact in AI improving ad results [2] Metaverse & VR/AR Investments - Meta is experiencing growing expenses in VR headsets, augmented reality hardware, AI-enabled Ray-Ban glasses, and its metaverse division, with no clear return on investment [4] - An analyst warns that Meta's "strategy diffusion" will lower its overall success [4] Stock Performance - Meta's stock is underperforming other tech giants, down approximately 16% and 12% since its last earnings report [1]

Thank you very much for joining us here in Palm Beach, Florida for Clear Street's disruptive technology conference. >> Oh, thank you very much. It's a pleasure to be here.>> Absolutely. And you were actually just named chief strategy officer for Anamoka Brands. What prompted you to join Anamoka and what are you hoping to achieve in this new role.>> Well, so I've actually been affiliated with Animoka for a very very long time, over a decade now, going all the way back to its earliest days. And along the way, ...

Today, buy now pay later giant Clara is launching its own stable coin and Kavon Paymani of Anamoka Brands discusses the web 3 platform's plan to go public in 2026. Welcome to CNBC's Crypto World. I'm Talia Kaplan.Crypto markets mixed this morning as new economic data cast doubt on the strength of the economy, but raises hopes for a rate cut in December. Prices that producers pay for goods rose less than expected in September, while retail sales came in softer than initially forecast. At the same time, consu ...

And this fight is actually escalating. And I say that because Bur, who is the investor who called the housing crisis, claims big technology is cooking the books by depreciating AI chips over 5 to 6 years when they really burn out in two to three. By his math, that understates cost by roughly 176 billion through 2028.Depreciation is just how companies spread out the cost of equipment over its useful life. So, if you say a chip lasts six years instead of three, you only expense half as much each year, which m ...