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☆ Fewer homeowners are remodeling, but demand is still 'solid'
▼ + stars: | 2024-05-12 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Skynesher | E+ | Getty ImagesFewer homeowners have been taking on remodeling projects, reports show. The Leading Indicator of Remodeling Activity, an outlook measuring home improvement and repair spending on owner-occupied homes, peaked at 17.3% in the third quarter of 2022. The NAHB/Westlake Royal Remodeling Market Index by the National Association of Home Builders reflects a similar decline. In a release for the group's first quarter report, NAHB Remodelers Chair Mike Pressgrove noted that "demand for remodeling remains solid, especially among customers who don't need to finance theirprojects at current interest rates." The increase in home improvement spending, along the decrease in projects, suggests inflation corroded household budgets, according to the home services website.

Persons: Robert Dietz, NAHB, Mike Pressgrove, remodelers, That's, It's, Redfin Organizations: Getty, Westlake Royal, National Association of Home Builders, RMI, NAHB, Homeowners, State, Angi Locations: U.S

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ How to make your home hurricane resistant, as scientists predict an 'extremely active' storm season
▼ + stars: | 2024-05-01 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +11 min

In this article Follow your favorite stocks CREATE FREE ACCOUNTRyersonclark | E+ | Getty ImagesMaking your home hurricane resistant can be a significant financial undertaking. In 2024, the national average cost to upgrade an entire house with hurricane windows runs between $1,128 and $10,293, or $100 and $500 per window, including installation, according to This Old House. Hurricane resistance is about preventing 'pressurization'Hurricanes are different and unpredictable storms, said Jeff Ostrowski, a housing analyst at Bankrate. If installing new hurricane windows aren't in the budget, shutters are lower-cost options to protect windows and other openings, said Chapman-Henderson. Talk to your insurer about possible discounts Strengthening your home against disasters may help lower your insurance cost.

Persons: Phil Klotzbach, Jeff Ostrowski, Leslie Chapman, Henderson, Jennifer Languell, Chapman, Kin, Melissa Cohn, William Raveis, Bankrate's Ostrowski, Ostrowski, Loretta Worters, Worters, Languell Organizations: Massachusetts Institute of Technology, Hurricanes, National Oceanic, Fluid Dynamics, Climate, Energy Solutions, Swiss, Finance, Colorado State University, Department of Atmospheric, Federal Alliance, Safe, Safe Homes, Department of Energy, Trifecta, William Raveis Mortgage, Insurance, Institute, Homeowners Locations: windstorms, U.S, Florida, In Florida, Alabama, Louisiana, dsireusa.org

☆ Here are some tips for homebuyers to save on costs with newly built homes, experts say
▼ + stars: | 2024-04-18 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Buyers of newly built homes can come across a number of sticker shocks. In February, the median sale price for new construction sold in the U.S. was $400,500, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Depending on what you're picking, they're adding up the tab," Fuentes said. To save on costs with a new build, it may be in a potential buyer's best interest to hire a contractor later on to add desired finishes, experts say. "Think about those elements that could be easily added at a later date," said Angie Hicks, home expert and co-founder of Angi, an online marketplace that connects homeowners with professional contractors for home maintenance or renovations.

Persons: Veronica Fuentes, Fuentes, Angie Hicks Organizations: . Census, Department of Housing, Urban, Finance Locations: U.S, Washington ,

☆ Stocks making the biggest moves premarket: Lyft, Robinhood, Zillow, Kraft Heinz and more
▼ + stars: | 2024-02-14 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

In its most recent quarter, Lyft posted adjusted earnings of 18 cents per share, more than the LSEG consensus estimate of 8 cents per-share earnings. Revenue of $1.22 billion was in line with analysts' expectations. Robinhood Markets — Shares of Robinhood soared roughly 16.5% after the investing platform beat on earnings and revenue for the fourth quarter. Kraft Heinz — Shares declined more than 1% after the food company posted fourth-quarter revenue that missed expectations. However, adjusted earnings of 78 cents per share was a slight beat, compared to the 77 cents earnings per share expected by analysts.

Persons: Lyft, Robinhood, Angi, DaVita, FactSet, Kraft Heinz —, Kraft Heinz, Akamai, GoDaddy, SentinelOne, bitcoin, Microstrategy, Airbnb, Bernstein, Topgolf, LSEG, It's, — CNBC's Brian Evans, Alex Harring, Tanaya Macheel, Jesse Pound, Pia Singh, Samantha Subin Organizations: LSEG, FactSet, Akamai, Wall, Bank of America, Miners Iris Energy, Marathon Digital, MGM Resorts, Topgolf Callaway, Topgolf Callaway Brands, JPMorgan Locations: LSEG, China, U.S, Detroit

☆ Stocks making the biggest moves after hours: Lyft, Robinhood, Airbnb, MGM Resorts and more
▼ + stars: | 2024-02-13 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

The company posted adjusted earnings per share of 18 cents for the fourth quarter, topping analysts' estimates of 8 cents, according to LSEG. Earnings came in above analysts' estimates, while revenue missed expectations. Adjusted earnings before interest, taxes, depreciation and amortization came in at $157 million, which was higher than analysts' estimates of $125 million, per StreetAccount. Revenue of $140 million for the quarter beat analysts' estimates of $135 million. In the fourth quarter, Airbnb reported $2.22 billion in revenue, while analysts predicted $2.17 billion, per LSEG.

Persons: Robinhood, Lyft, GoDaddy, Zillow, amortization, LSEG, Airbnb, Instacart, DaVita, FactSet, Angi, Yun Li, Tanaya Macheel, Darla Mercado Organizations: Revenue, Akamai Technologies, MGM Resorts, IAC, Topgolf Callaway Brands Locations: LSEG, China, U.S, Detroit, FactSet

☆ IAC narrowly beats Wall Street third-quarter revenue estimates
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

Nov 7 (Reuters) - Internet holding company IAC (IAC.O) beat Wall Street third-quarter revenue estimates on Tuesday, as the owner of publisher Dotdash Meredith saw traffic growth return for core brands. IAC owns Dotdash Meredith, America's largest digital and print publisher, as well as brands such as the Daily Beast and care services platform Care.com. Revenue fell 15% to $1.11 billion, narrowly beating analyst estimates, amid a challenging advertising market. Revenue at Dotdash Meredith, its biggest business, fell 11% to $417.5 million, with digital and print revenue declining 4% and 16%, respectively. Consolidated adjusted EBITDA grew 83% year-over-year, with adjusted core earnings growing at home services platform Angi and Dotdash Meredith.

Persons: Dotdash Meredith, We've, Joey Levin, GAI, Helen Coster, Manya, Krishna Chandra Organizations: IAC, Daily, Revenue, Consolidated, Dotdash Media, . Copyright, Manya Saini, Thomson Locations: Dotdash, New York, Bengaluru

☆ OpenAI's GPTBot and other AI web crawlers are being blocked by even more companies now
▼ + stars: | 2023-09-28 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

Unique, high quality data, mainly scraped from the web, is vital to the performance of AI models. AdvertisementAdvertisementMore and more companies are trying to avoid having their data freely scraped and saved by web crawlers working for the benefit of AI models. Last month, OpenAI last revealed its own crawler, GPTBot, saying it would respect robots.txt, a decades-old method through which a website can tell a web crawler to ignore it. Many more companies are now also blocking CCBot, a web crawler used by Common Crawl. AdvertisementAdvertisementSee below for a full list of the biggest websites now blocking GPTBot and CCBot as of Sept. 22:Blocking GPTBotamazon.comquora.comnytimes.comtheguardian.comshutterstock.comwikihow.comcnn.comsciencedirect.comusatoday.comhealthline.comstackexchange.comalamy.comscribd.comwebmd.combusinessinsider.comdictionary.comreuters.comwashingtonpost.commedicalnewstoday.comnpr.orgcbsnews.comgoodhousekeeping.comamazon.co.uktumblr.comlatimes.cominsider.comglassdoor.comvocabulary.cominvestopedia.comslideshare.netamazon.decosmopolitan.comnbcnews.comindiamart.comstackoverflow.comhindustantimes.combloomberg.comcnbc.compeople.comtvtropes.orgamazon.invimeo.comverywellhealth.comikea.comespn.comindianexpress.comthesaurus.compbs.org123rf.comwattpad.comvariety.comtoday.compopsugar.comthespruce.comuol.com.bramazon.frgeeksforgeeks.orgelle.comeconomictimes.compcmag.comtheverge.comallrecipes.comthoughtco.comrollingstone.comwired.comnextdoor.comhollywoodreporter.comabc.net.auew.comamazon.canews18.comwomenshealthmag.comrateyourmusic.comamazon.co.jptechradar.comairbnb.comndtv.comlifewire.comtomsguide.comvulture.comeverydayhealth.compolygon.comtheconversation.comesquire.comprnewswire.combillboard.commenshealth.commetro.co.ukcountryliving.commashable.comgamesradar.comthehindu.comtimesofindia.comdeadline.comharpersbazaar.commedscape.comnymag.comrefinery29.comradiotimes.comcbssports.comtandfonline.comtheatlantic.comtrulia.comamazon.espinterest.esnationalgeographic.combhg.comeater.comsouthernliving.comhealthgrades.comvice.compicclick.combustle.comnewyorker.comeonline.comdigitalspy.comopentable.compinterest.dethepioneerwoman.comcaranddriver.combyrdie.comlivemint.commedicinenet.comteacherspayteachers.comcookpad.comthespruceeats.combizjournals.compagesjaunes.frliputan6.comdelish.commasterclass.comarchiveofourown.orgvox.comrealsimple.comaarp.orgfrancetvinfo.frpinterest.frkumparan.comtheathletic.comtravelandleisure.comvogue.comlivescience.comapartments.commarketwatch.comglamour.comamazon.itcinemablend.comthrillist.comamazon.com.brpinterest.co.ukangi.comalamy.esusmagazine.comdistractify.combbcgoodfood.comjagran.commercadolibre.com.mxandroidauthority.comcity-data.comfoodandwine.comhellomagazine.comamazon.com.augq.comingles.comamarujala.comieee.orgprevention.comstern.dekbb.comedmunds.commarthastewart.compcgamer.comjustanswer.comhealth.com20minutes.frfortune.comhomes.comscientificamerican.compopularmechanics.comverywellfit.comvanityfair.comchicagotribune.comverywellmind.comhousebeautiful.comcntraveler.comallure.comspanishdict.comneverbounce.comanswers.commoneycontrol.comarchitecturaldigest.comslate.comlonelyplanet.cominverse.comcorriere.itactu.frself.comtripsavvy.cominstyle.comeatingwell.comsuperuser.comwelt.despiegel.dewomansday.comseventeen.comhbr.orgoprahdaily.comautotrader.combonappetit.comsueddeutsche.deseriouseats.comliveabout.comseattletimes.comcoursera.orglivehindustan.comfrance24.comtownandcountrymag.comdotesports.comworldplaces.mefaz.netteenvogue.commotor1.comnj.comglamourmagazine.co.ukokdiario.combrides.comstylecaster.comalamyimages.frjagranjosh.comtheglobeandmail.comaxios.comfrancebleu.frtabelog.comthebalancemoney.comnydailynews.comsheknows.comnaomedical.comverywellfamily.comBlocking CCBot

Persons: —, OpenAI, GPTbot, Conde Nast, Masterclass, Kelly, robots.txt, verywellhealth.com, indianexpress.com Organizations: Service, Amazon, Guardian, NPR, CBS News, CBS Sports, NBC News, CNBC, Yorker, Hearst, New York Times Locations: USA, Europe, Originality.ai, androidauthority.com

☆ The 10 least expensive states to own a home
▼ + stars: | 2023-09-17 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Here are 10 states, including Ohio and Iowa, where homeownership is less than the national average. According to Zillow, the average cost of a home in the US is $349,770, as of August. Hawaii is one of the more expensive states to live in, and has the highest cost of homeownership, according to Self. But there's good news for prospective homebuyers: There are states where the costs of homeownership are significantly less than the national average. Here are the 10 least expensive states to own a home, according to Self.

Persons: homeownership, Zillow, Angi Organizations: Service Locations: Ohio, Iowa, Wall, Silicon, Hawaii

☆ An overnight locksmith can cost $400. Here's how much you might have to fork over for other emergencies
▼ + stars: | 2023-09-08 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

Their most common approach, instead, was to put the emergency expense on a credit card and pay it over time. If you do use your credit card, make sure you prioritize paying off the balance in full by the end of the month, she added. "Use your credit card as a 30-day bridge, but commit to paying that off," she said. HELOCs interest rates are generally lower than credit card interest rates. However, they tend to be variable interest rates, so you don't want to use it if you don't have to, McClanahan said.

Persons: Winnie Sun, Tiger Woods, Frederic J, Brown, Power, Tom Grill, Angi, Carolyn McClanahan, McClanahan Organizations: Federal Reserve, Sun, Wealth Partners, CNBC FA, AFP, Getty, Planning Partners Locations: Irvine , California, Rancho Palos Verdes , California, Texas , California, New York, Jacksonville , Florida

☆ Here are 21 stocks Jim Cramer is watching Thursday, including GE, Target and Kellogg
▼ + stars: | 2023-08-10 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Kellogg (K) has many critics but 52-week low, pure snacks and break-up value for classic brands is high. Applovin (APP) surprise blow-out quarter for marketing company that uses machine learning to figure out advertising. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Ralph Lauren, Kellogg, McCormick, Baird, Akamai, JACK, Morgan Stanley, Warby Parker, Oppenheimer, Jim Cramer's, Jim Cramer, Jim, Daniel Acker Organizations: IAC, SBA Communications, BofA, Mizuho, Realty, Barclays, General Electric, GE, PT, Deutsche Bank, Jim Cramer's Charitable, CNBC, Target Corp, Bloomberg, Getty Locations: France, BofA, Chicago , Illinois

☆ How to Increase the Value of Your Home With 5 Popular Home Improvements
▼ + stars: | 2023-06-18 | by ( Daniel Bortz | ) www.wsj.com time to read: +7 min

Plus, data also suggests solar panels increase a home’s value somewhat when it comes time to sell. Does a new roof increase home value? Does a new kitchen increase home value? Does a new bathroom increase home value? “Classic subway tile is clean, simple and has a timeless appeal.”Do energy-efficient windows increase home value?

Persons: Daniel Bortz, ”, David Steckel, you’ll, Steckel, Mallory Micetich, Micetich, HomeAdvisor, Courtney Mason, Mason Organizations: Rewiring America, Census, Google, Energy Locations: New York, Riverside , Calif, Atlanta ,, Tampa, Fla

☆ More students are learning to be mechanics, chefs, and construction workers as college enrollment shrinks
▼ + stars: | 2023-04-20 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Construction, culinary, and mechanic trade programs all saw enrollment increase last year. Across construction, culinary, and mechanic trade programs, all experienced increases in enrollment between spring 2021 to 2022, the study found. Enrollment in culinary programs increased 12.7% and 11.5% in mechanic and repair trade programs over the same time period. Prior to the pandemic, these sectors were experiencing labor shortages in skilled trade workers, particularly in construction, according to data from the Federal Reserve Economic Data. Overall, total college enrollment was down 4.1% from spring 2021 to spring 2022.

☆ Homeowners spent up to $6,000 average on repairs, maintenance in 2022
▼ + stars: | 2023-01-05 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +2 min

"For a $400,000 home, the [$4,420] in maintenance and emergency spending in our report is closer to 1%. Maintenance costs may reduce repair expensesWhile it's wise to have money set aside, maintenance can help reduce what you spend on unexpected repairs, Hicks said. "We're seeing an increased focus on maintenance activities, which is good to see," Hicks said. While the specifics of a necessary roof repair determine the cost, the average is $1,000, according to thisoldhouse.com. That compares to an average $3,342 shelled out for water-damage repairs, according to Angi.

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Tesla, DoorDash, Disney, Zillow & more
▼ + stars: | 2022-12-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Piper Sandler reiterates Amazon as outperform Piper said it's "more positive on the out-year opportunity" after attending the most recent Amazon Web Services conference in Las Vegas. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by shares of Apple and that it sees no evidence of demand destruction. Morgan Stanley reiterates Hostess as overweight Morgan Stanley said after a meeting with Hostess management that it sees multiple growth drivers for the maker of Twinkies. Morgan Stanley reiterates Rocket Lab as overweight Morgan Stanley said investors should buy the dip in shares of the space satellite company. Morgan Stanley reiterates FedEx as equal weight Morgan Stanley said it's staying cautious and has low visibility heading into FedEx earnings later this month.

☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
▼ + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.

☆ Randi Zuckerberg's company is buying an NFT community as part of her plan to build the 'IAC of Web3.' Here's why she thinks more startups will combine to survive the crypto winter.
▼ + stars: | 2022-11-03 | by ( April Joyner | ) www.businessinsider.com time to read: +3 min

Randi Zuckerberg's company Assemble is buying the NFT community Meta Angels for an undisclosed sum. Meta Angels will run alongside Hug, Zuckerberg's Web3 community to welcome newcomers to NFTs. Zuckerberg, Cavoulacos, and Downey all sought to help change that. Zuckerberg — the sister of Mark Zuckerberg, Meta's CEO, and the former director of market development at Facebook — cofounded the Web3 community Hug. Assemble — the parent company of Hug and other technology projects still in stealth — is acquiring Meta Angels, Zuckerberg and Cavoulacos told Insider.

☆ See the pitch deck this startup used to raise $7.9 million to help homeowners find contractors for routine maintenance
▼ + stars: | 2022-11-02 | by ( Robert Davis | ) www.businessinsider.com time to read: +2 min

The home-maintenance startup Humming Homes has raised $7.9 million in seed funding. Its CEO walked Insider through a pitch deck that won over Thrive Capital and other investors. Humming Homes, which launched a tech-enabled platform in October 2020, aims to solve that problem by creating personalized, seasonal maintenance programs for homeowners for as little as $250 a month. Humming Homes operates in markets such as Florida, New York, and Connecticut. Mallick walked Insider through the pitch deck that helped Humming Homes secure its funding.

☆ The founder of a baby-services startup that just launched in Walmart shares her tips for working with the retail giant
▼ + stars: | 2022-10-31 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

Tot Squad began selling services at Walmart stores nationwide and on Walmart.com in February. After being "relentless" and pitching to many different people at the company, Tot Squad finally signed a contract with Walmart in August 2019, Saxton said. It wouldn't be until February 2022 that Tot Squad would officially launch in Walmart. Customers choose between video consultation or personal installation by a Tot Squad expert technician for an extra $40 or $80, respectively. For example, she said Angi — formerly known as Angie's List — is the home-services partner for Walmart, and Tot Squad is the retail giant's baby-services provider.

☆ The CEO of Barry Diller's IAC says they're on the hunt for new deals in media and tech as valuations have fallen: 'We're entering the reality period'
▼ + stars: | 2022-10-17 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Barry Diller's IAC is back on the hunt for deals as companies are seeing lower valuations. CEO Joey Levin said IAC has $1.5 billion to spend and plans to leverage a tough operating environment. "We're in that adjustment period entering the reality period," Levin told Insider in a September interview. In September, its combined Dotdash Meredith unit continued a multi-month string of pro forma revenue declines, posting a 24% decrease. We could still be right or wrong, but if we're right, we can create value," Levin said.

☆ Stocks making the biggest moves premarket: Zscaler, BlackRock, Roblox and more
▼ + stars: | 2022-10-11 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Here are the companies making headlines before the bell:Angi (ANGI) – Angi shares added 2% in premarket trading after the online home services company named Joey Levin as CEO, replacing Oisin Hanrahan. Leggett & Platt (LEG) – Leggett & Platt tumbled 8.6% in the premarket after the industrial manufacturer slashed its full-year sales and earnings guidance. Meta Platforms (META) – Meta was downgraded to "neutral" from "overweight" at Atlantic Equities, which also lowered its price target for the Facebook and Instagram parent's stock to $160 per share. Roblox (RBLX) – Roblox slumped 4.3% in the premarket after the stock was rated "underweight" in new coverage at Barclays. Warner Music Group (WMG) – The music publisher's stock rallied 3.4% in premarket trading after Goldman Sachs began coverage with a "buy" rating.

☆ How to invest in communications stocks, a sector that's huge, highly diversified, and growing — offering something for almost every type of investor
▼ + stars: | 2022-09-21 | by ( Amy Fontinelle | Read More | Read Less | ) www.businessinsider.com time to read: +12 min

Here's what you should know about how to invest in communications stocks, what the risks are, and what rewards you might anticipate. Companies in the media, entertainment, interactive gaming, information creation, and information distribution businesses also belong to the communications sector. Basically, it expanded the existing telecommunications sector to become a broader communications services sector. The advantages of communications stocksThere are a variety of reasons for investors to consider communications companies. And the COVID-19 lifestyle shifts might make us permanently more reliant on communications companies, even once the pandemic is behind us.

☆ Barry Diller's IAC is on the hunt for deals as company valuations fall and CEO Joey Levin sees opportunity in downturn
▼ + stars: | 2022-09-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Barry Diller's IAC is back on the hunt for deals as companies are seeing lower valuations. CEO Joey Levin said IAC has $1.5 billion to spend and plans to leverage a tough operating environment. In September, its combined Dotdash Meredith unit continued a multi-month string of pro forma revenue declines, posting a 24% decrease. With many company valuations having come down, Levin noted, IAC has the potential to bet on a broader array of businesses than it has before. We could still be right or wrong, but if we're right, we can create value," Levin said.

Termite damage is classified as neglect or maintenance and is not covered by homeowners insurance. Homeowners insurance may cover termite damage if associated with a covered peril. Why doesn't homeowners insurance include termite insurance? Your homeowners insurance company might cover termite damage if a covered peril caused the infestation. Conlin caveats neither scenario guarantees your homeowners insurance company will cover termite damages.

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