Author: Mary Waters | Lending Agent

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JPMorgan has turned bullish on Camping World after a recent sell-off. Analyst Ryan Brinkman upgraded shares of the RV retailer to overweight from neutral. While he whittled $2 off his price target to $21, that still implies a 74.1% surge for shares over Wednesday’s closing level. “Camping World shares stand out amongst our coverage by offering investors numerous idiosyncratic drivers of strong earnings growth with comparatively less tariff exposure,” Brinkman wrote to clients in a Thursday note. Brinkman’s call comes after shares tumbled more than 14% in Wednesday’s session, which he called an “overreaction” to softness in average selling prices…

Analysts are doling out praise after Microsoft ‘s latest earnings report. The tech titan earned $3.46 per share on $70.07 billion of revenue during the third fiscal quarter. Analysts polled by LSEG had predicted just $3.22 per share and $68.42 billion in revenue. Microsoft projected 34% to 35% in growth for Azure, its cloud computing platform, at constant currency. That’s ahead of the consensus rate of 31.5% from analysts surveyed by StreetAccount. The stock surged more than 8% in Thursday’s premarket following the report. That offers a reprise for shares, which have slipped more than 6% since 2025 began. Despite…

After Meta ‘s stronger-than-expected earnings report, Wall Street is looking at the path ahead for the social media giant. The Facebook and Instagram parent said it earned $6.43 per share on revenues of $42.31 billion in the first quarter. Analysts polled by LSEG expected $5.28 per share and $41.40 billion in revenue. Meta gave a second-quarter sales outlook that was in line with consensus estimates. Also of note, Meta’s Reality Labs hardware division posted a smaller operating loss than Wall Street expected. Shares rallied more than 6% before the bell on Thursday. That marks a turn for the Big Tech…

Fannie Mae will be looking for ways to “trim fat,” Chairman Bill Pulte declared during the company’s first-quarter earnings call Wednesday. Pulte — who appointed himself chairman of the government-sponsored enterprise in March, shortly after being confirmed as director of the Fannie Mae overseer Federal Housing Finance Agency — made the comments following a quarterly earnings release that saw Fannie Mae’s net income fall 11% from the prior quarter. The company’s net worth increased 4% during the quarter to $98.3 billion. On a year-over-year basis, net income was down 15%, with the bottom line taking a hit due to a…

Investors should give preference to Starbucks and Mondelez over Super Micro Computer , according to Victoria Greene , investing chief at G Squared Private Wealth Founding Partner. Greene joined CNBC’s “Power Lunch” to break down her views on each name after recent earnings announcements. Here’s what she had to say. Starbucks Shares dropped more than 5% on Wednesday after missing expectations of analysts polled by LSEG on both lines for the fiscal second quarter . However, Greene said this is a dip worth snapping up. “It’s a long-term buy — I’m not saying the bottom’s completely in,” she said. Greene…

Mortgage rates continue enjoying a completely different volatility regime compared to just a few weeks ago.  Back then, it wasn’t a surprise to see the top tier average rate move by more than 0.10% on any given day, nor was it uncommon to see multiple changes during the same day. Fast forward to the present week and the average lender hasn’t strayed from Friday’s levels by more than a few hundredths of a percent. Moreover, the “straying” has been exclusively in a friendly direction.   Today’s installment was the least eventful of the 3 days so far this week.  The bond…

irina88w/GettyImages; Illustration by Hunter Newton/Bankrate Inflation keeps hanging around, and the Federal Reserve has yet to lower its benchmark rate any further, factors that mean mortgage rates aren’t likely to move much this month. However, a slowing economy and new post-election uncertainty might push mortgage rates down a bit in May, mortgage insiders say. “Mortgage rates are likely to fall if signs of economic weakness start showing up in data and not just sentiment surveys,” says Greg McBride, Bankrate’s chief financial analyst. “But any pullback will be limited if we see more inflation pressures.” Mortgage rates are likely to fall…

Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors.The drop followed four straight months of gains and the index was at its lowest level since August.These so-called pending sales are an indicator of future closings and are the most current indicator of activity in the market. Buyers out shopping in December were facing a big jump in mortgage interest rates, which may have dampened demand.The average rate on the 30-year fixed mortgage went from a low of 6.68% on Dec.…

A lack of clarity on trade policy should motivate investors to target a portfolio of stocks with strong underlying business fundamentals, according to Piper Sandler. Much of the market loss spurred by President Donald Trump’s early April tariffs have been unwound – but traders remain sensitive to signs of a slowing economy, risks of a recession and potential trade deals. The three major U.S. stock indexes are each on track to finish the trading month lower, dripping on Wednesday after fresh data showed the U.S. economy contracted in the first quarter. “We believe the markets will continue to be volatile…