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Unexpected homebuying costs include loan origination fees and property taxes. Home-services firm Frontdoor listed the states with the highest unexpected homebuying costs. A report by home-services company Frontdoor identified the states that shackle buyers purchasing a median-priced property with the highest unexpected costs. AdvertisementWhen prices of homes alone are so high, these additional costs — which can total from about $11,000 to almost $18,000 — can further burden and frustrate homebuyers. Here are the 10 states where homebuyers spend the most on unexpected property fees.
Persons: , homebuyers, Frontdoor Organizations: Service, homebuyers
LinkedIn has set aside an effort to relocate its data center technology out of its physical facilities and into Microsoft's Azure cloud, according to people familiar with the matter. A LinkedIn spokesperson confirmed that the Microsoft subsidiary changed direction on Blueshift and said LinkedIn continues to use Azure. Under the leadership of Nadella, Microsoft has moved some of its acquired assets to Azure, including GitHub and Minecraft developer Mojang. More recently, Azure has gained attention because of Microsoft's investment in OpenAI, which uses Azure infrastructure for running the large language models powering ChatGPT and other products. Microsoft said in October that third-quarter revenue from Azure and other cloud services grew 29%, while LinkedIn revenue was up 8%.
Persons: Satya Nadella, Mohak Shroff, Raghu Hiremagalur, we've, Hiremagalur, Nadella, OpenAI, LinkedIn's Karin Kimbrough Organizations: Microsoft, LinkedIn, Amazon Web Services, CNBC, Nadella, Wired, OpenAI Locations: Blueshift, OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrontdoor CEO Bill: Controlling costs has been a focus for company growthBill Cobb, Frontdoor CEO, and Howard Heckes, Masonite CEO, join 'The Exchange' to discuss their companies' earnings results, the health of the housing market, and more.
Persons: Bill Cobb, Howard Heckes
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Frontdoor CEO Bill Cobb and Masonite CEO Howard HeckesBill Cobb, Frontdoor CEO, and Howard Heckes, Masonite CEO, join 'The Exchange' to discuss their companies' earnings results, the health of the housing market, and more.
Persons: Bill Cobb, Howard, Howard Heckes
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMasonite CEO: We're not seeing as much deflation as we had thoughtBill Cobb, Frontdoor CEO, and Howard Heckes, Masonite CEO, join 'The Exchange' to discuss their companies' earnings results, the health of the housing market, and more.
Persons: We're, Bill Cobb, Howard Heckes
Levi Strauss — Shares slid 0.8% after the denim apparel maker cut its full-year sales forecast. Late Thursday, Levi posted fiscal third-quarter revenue that missed expectations, and it cut its full-year sales guidance again. MGM Resorts — The resort and casino operator rose 4.9% after offering an update on a cybersecurity issue experienced last month. Liberty Media Formula One — Shares of the motorsports stock advanced 3.6% following an upgrade to buy from neutral by Citi. Frontdoor — The home repair company's shares climbed 4.4% on the back of a Truist upgrade to buy from hold.
Persons: Tesla, Levi Strauss —, Levi, Aehr, FactSet, Truist, — CNBC's Pia Singh, Yun Li, Michelle Fox, Samantha Subin Organizations: Resources, Street Journal, Exxon Mobil, Exxon, stoke, MGM Resorts, MGM, CNBC, Securities and Exchange Commission, Philips —, U.S . Food, Drug Administration, Philips, FDA, Pharmaceuticals, JPMorgan, Jefferies, Liberty Media, Citi, Las Vegas, UBS, AES Locations: Virginia, U.S
JPMorgan reiterates Exxon as overweight JPMorgan said it's standing by its buy rating on the oil and gas giant. Seaport initiates Netflix as buy Seaport said it sees plenty of upside in shares of Netflix. JPMorgan upgrades Eaton to overweight from neutral JPMorgan said the industrial and electrical company is best in class. UBS reiterates Levi's as buy UBS said Levi's is still an attractive stock despite the company's disappointing earnings report Thursday. " JPMorgan upgrades Apellis to overweight from neutral JPMorgan said the pharmaceutical company is well-positioned for more upside.
Persons: Piper Sandler, Bernstein, Disney, XOM, Jefferies, TD Cowen, Cowen, Eaton, Eli Lilly, Doug McMillon, Berenberg, Morgan Stanley, Meta, Levi's, Oppenheimer downgrades O'Reilly, AutoZone, Oppenheimer, it's, Truist Organizations: Disney, Netflix, Hulu, JPMorgan, Exxon, Barclays, Nvidia, Intel, Gaudi, Citi, Discover Citi, DFS, Seaport, Bank of America, Energy, of America, Apple, Vegas, Prix, Clearway Energy, Walmart, United Auto Workers, Auto, Meta, UBS Locations: Parks, NVDA, China, ETN, TEL, AZO, ORLY
There's less than 2% upside at the high end of his year-end S & P 500 price target of 4,000 to 4,150. Citi cuts price target on Club holding Salesforce (CRM) to $164 per share from $170 but keeps neutral rating. Deutsche Bank downgrades Starbucks (SBUX) to hold from buy but increases price target to $106 per share from $100. Ulta Beauty (ULTA) price target raised to $548 per share to $511 at Barclays, which also keeps its overweight rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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