This spring is clearly a buyer market, but that doesn't mean it's going to be easy for all buyers. And that's because mortgage rates are rising when we thought they'd be falling now. And concern over the economy is very real.The average rate on the 30-year fix jumped 10 more basis points this morning to 6.53% according to Mortgage News Daily. Barely a month ago, it was dipping into the 5% range. But the war with Iran turned that around.Buyers are only in the driver's seat now because inventory is up and pri ...

The spring housing market is finally upon us, and that should mean more for sale signs popping up in your neighborhood. Now, this year isn't expected to be super strong, but there are signs of optimism, at least among sellers. Some of those who gave up last year are now jumping back in.Nearly 45,000 homes that were delisted last year were relisted for sale in January. And that's according to Redfin, a real estate brokerage. That is the highest January figure since Redfin began tracking this metric a decade ...

The headline here is the Cash Conversion Cycle is extending permanently along with Days Inventory Outstanding.This new reality reflects a deliberate decision to lock up supply chain capacity further than Nvidia has ever done before.The Form 10-K shows Nvidia has $117B total supply obligations (inventory+purchase agreements), nearly matching Nvidia’s Operating Cash Flow for the year. The chart below shows…https://t.co/Oz6fq3uLM9 ...

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in relation to investments in cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and opinions, as well as materials from third parties for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for any financial actions, including investments or purchases [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned that prices may be provided by market makers rather than exchanges [1]. Group 2 - The content includes information about complex financial instruments such as cryptocurrencies and CFDs, which carry a high risk of losing money [1]. - Users are encouraged to conduct their own research and fully understand the workings and risks of any financial instruments before investing [1].

Core Insights - Wall Street anticipates NVIDIA's fiscal Q4 2026 revenue to reach $65.7 billion, which aligns with the company's previous guidance of $65.0 billion, plus or minus 2% [2][3] - Achieving or exceeding this revenue target would represent a significant sequential increase of approximately 15% from Q3's $57.0 billion [3] Revenue and Growth - The Q3 revenue of $57.0 billion surpassed the estimate of $56.02 billion, primarily driven by Data Center revenue of $51.2 billion, which increased by 66% year over year [3] - Networking revenue surged by 162% year over year, indicating strong demand in this segment [3] Gross Margin Concerns - NVIDIA's guidance for Q4 non-GAAP gross margin is set at 75.0%, up from 73.6% in Q3, which is crucial due to margin pressures from the Blackwell architecture transition [4] - A lower-than-expected gross margin could indicate higher costs associated with the transition, even if revenue meets or exceeds expectations [4] Market Sentiment - NVIDIA shares closed at $192.85, reflecting a 52% increase over the past year and a 2.2% rise year to date [5] - Prediction markets indicate a 93.8% probability of an earnings beat, but only a 35.5% chance of the stock trading above $200 by February 27, suggesting that the potential for a significant post-earnings rally may be limited [5][8] Key Metrics to Monitor - Investors will closely watch the recovery of gross margins towards the 75.0% target, guidance for Q1 FY2027 regarding Blackwell demand, and any updates on supply constraints [6] - CEO Jensen Huang previously noted strong sales for Blackwell and sold-out cloud GPUs, making the sustainability of this momentum a critical focus for the upcoming report [6]

He is a sales director of new development at Serant. Great to have you with us. >> Thank you for having me.>> Um so specifically you're talking about the luxury market which is $4 million plus. And what are you seeing. >> Correct.Um $4 million plus. What we've seen post Mandani is still record numbers. So November was 25% higher than October.Um and 2025 was uh the best year we've had since 2021. We've also seen not just my record sale at 50 mil at $60 million, but we saw another record deal at 140 Jane for ...

Report Industry Investment Rating - Not provided Core Viewpoints - Domestic reports of customs control on soybean imports are bullish for near-term contracts and positive spreads. Attention should be paid to customs policy dynamics and the auction of imported soybeans after New Year's Day. US soybean exports are weak, and there is currently no obvious speculative driver in South American weather. Brazilian premiums are expected to face pressure in the future, and the M05 contract is expected to be relatively weak. Overall, the market is expected to be stronger in the near term and weaker in the long term [7][8] Summary by Related Catalogs Price and Spread Data - On December 30th, the Dalian basis of the soybean meal main contract (Zhangjiagang) was 382, down 24; the Tianjin basis was 362, down 4; the Rizhao basis was 322, down 24. The 43% soybean meal spot basis in Zhangjiagang was 342, down 14 [4] - The rapeseed meal spot basis in Guangdong was 94, up 6 [4] - The RM1 - 5 spread was 69, down 9; the soybean meal - rapeseed meal spread was 536, down 10; the spot spread (Guangdong) was 300, and the soybean meal - rapeseed meal spread on the main contract was 375, down 12 [5] International and Domestic Inventory Data - The US dollar - RMB exchange rate was 6.9605, and the Brazilian soybean CNF premium was 117.00 cents per bushel, up 2. The Brazilian soybean crushing margin on the futures market was 152 yuan per ton [5] - Domestic soybean and soybean meal inventories are at a historically high level for the same period. The reduction of soybean meal inventory is slow, and the pressure on spot supply remains high. It is expected that the inventory will be reduced more rapidly from December to January. This week, the number of days of soybean meal inventory held by feed enterprises increased [7][8] Supply and Demand Analysis - **Supply**: According to CONAB data, the predicted output of Brazil's new soybean crop in the 25/26 season is 177.6 million tons. As of December 5th, the soybean planting rate in Brazil was 90.3%, compared to 88% last week, 94.1% in the same period last year, and a five - year average of 89.8%. According to BAGE, as of December 3rd, the soybean planting progress in Argentina was 4.7%, compared to 36% last week and 50% in the same period last year. There are no obvious short - term weather problems in the forecast. From December to January, domestic soybeans and soybean meal are expected to experience seasonal inventory reduction. There are rumors that customs have delayed the release of soybeans for 25 days, increasing concerns about domestic soybean supply in the first quarter of next year. Domestic auctions of imported soybeans have been held, with high transaction premiums. Attention should be paid to subsequent auction results [7] - **Demand**: Livestock and poultry are expected to maintain high inventory levels in the short term, and the reduction of production capacity is not obvious, which supports feed demand. However, current breeding profits are in the red, and national policies tend to control the inventory and weight of pigs, which may affect long - term supply. The cost - effectiveness of soybean meal has decreased. Recently, the downstream transactions of soybean meal have been normal, and the提货 performance has been good [7][8]

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - For aluminum, the domestic operating capacity is at a high level approaching the ceiling, and the import window is closed. Although the construction demand is entering the off - season, new energy and automotive aluminum demand provide support. High industry profits and low inventory support prices, but high aluminum prices suppress downstream procurement, and concerns about macro - liquidity tightening lead to high - level fluctuations in the market [3]. - For alumina, the operating capacity is at a historical high with new capacity being gradually put into production. Downstream electrolytic aluminum is squeezed by high costs, leading to reduced demand and price decline. The market may enter a bottom - shock phase [4]. 3. Summary by Related Catalogs Aluminum Market Market Situation - The domestic aluminum market shows high - level fluctuations. High prices suppress downstream procurement, and there are concerns about macro - liquidity tightening [3][8]. Supply - Domestic operating capacity is at a high level close to the ceiling, and the import window is closed [3]. Demand - Construction demand is in the off - season, but new energy and automotive aluminum demand provide support [3]. Factors Affecting Price - **Lidofactors**: Clear domestic electrolytic aluminum capacity ceiling policy and insufficient global supply elasticity; low alumina prices maintain high corporate profitability [4]. - **Negative factors**: It is the traditional consumption off - season, high aluminum prices suppress downstream procurement, and there are concerns about Fed policy and macro - liquidity tightening [8]. Alumina Market Market Situation - The alumina market is weak with prices falling below the average cash cost and inventory accumulating [4]. Supply - Operating capacity is at a historical high, and new capacity is being gradually put into production [4]. Demand - Downstream electrolytic aluminum is squeezed by high costs, with some high - cost areas having production - cut expectations, leading to slower demand growth [4]. Factors Affecting Price - **Lidofactors**: Some regional alumina enterprises adjust production due to losses, and there is a short - term increase in domestic anti - cut - throat competition sentiment [5]. - **Negative factors**: New domestic alumina capacity will increase supply pressure, and the expected production cuts in downstream electrolytic aluminum will suppress demand [9]. Upstream Supply Bauxite - Domestic bauxite production and import volume show seasonal patterns, and port inventory also has seasonal changes [21][22]. Alumina - Alumina production, import volume, and inventory show seasonal characteristics. The national and provincial - level weekly operating rates also have corresponding trends [24][26][27]. Electrolytic Aluminum - The production, net import volume, and inventory of electrolytic aluminum show seasonal patterns [32][34][35]. Downstream Demand Product Output - The output of aluminum ingots, aluminum rods, and various aluminum products shows seasonal characteristics [37][40]. Operating Rate - The operating rates of various aluminum products' production show seasonal changes, including weekly and monthly operating rates [44][45][50]. Export - The export volume and profit of unforged aluminum and aluminum products show seasonal patterns [52][53]. End - user Demand - The demand in industries such as construction, automotive, power grid, and new energy shows seasonal characteristics, which affects the demand for aluminum [56][58][61]. Inventory - The inventories of bauxite, alumina, electrolytic aluminum, aluminum rods, and aluminum ingots + aluminum rods show seasonal changes [65][68][70]. Cost and Profit - The prices of raw materials such as bauxite, alumina, pre - baked anodes, and energy sources (coal, natural gas, electricity) show corresponding trends, which affect the cost and profit of electrolytic aluminum [73][74][75].

So, when a seller takes their home off the market, it's called a D-listing. And those are now happening at an unusually high rate. D-listings in October, which are reported with a one-mon lag, were up 45% year-to- date and up nearly 38% from October of last year.That's according to a new report from realtor. com. Now, this is the highest D-listing year since they began tracking this in 2022.D-listings began to rise in June and have remained elevated for five straight months. So about 6% of active listings h ...

Mortgage Rate and Affordability - The report forecasts mortgage rates to average 63% in 2026 and remain stable throughout the year [2][3] - Affordability is expected to improve in 2026 due to income rising faster than home prices [4] - Home prices are projected to increase by approximately 22% in 2026, which is anticipated to be slightly below inflation and income growth [4] - The current year's average mortgage rate is about 66% [4] Home Sales and Inventory - Home sales are projected to increase by 17% in 2026, reaching approximately 41 million [5] - Inventory is expected to increase by 89%, providing buyers with more options and negotiating power [7] - Home sales hit a 30-year low in 2024 [5][6] Regional Differences - The Northeast and Midwest are expected to be the strongest markets in 2026, with sales volume and prices growing due to constrained inventory [8] - The South and West are experiencing stronger inventory recovery and new construction activity, leading to more competition among sellers and more affordable prices [9] Market Factors - Uncertainty surrounding the economy is a significant factor holding back the housing market [11] - Rates and prices are factors impacting the housing market [10] Rental Market - Rents are expected to decline slightly by 1% next year [12]