On today's segment of Wealth!, host Bradley Smith explores a range of topics, from the impact of high interest rates in the housing market to strategies for navigating market volatility and the restaurant industry's resilience. As mortgage rates soar above 7%, Yahoo Finance's housing reporter Dani Romero joins the discussion to shed light on the supply and demand dynamics within the current housing market. She also delves into homebuyers' perspectives on renovated properties, followed by Yahoo Finance contributor Ross Mac, who shares valuable tips for cost-effective DIY home renovation projects. Amid continued market volatility driven by factors such as the upcoming election and geopolitical tensions, TCW Senior Portfolio Manager Eli Horton and Nuveen Investments CIO Saira Malik offer their expertise on how investors can best position their portfolios during these times. Closing out the show, the restaurant industry provides a glimpse into the state of the consumer. Cornell University Professor of Services Marketing Michael Lynn discusses the evolving tipping culture, while Yahoo Finance's Madison Mills analyzes Toast (TOST) earnings. This post was written by Angel Smith
Shares of Toast (TOST) are skyrocketing after the company's first quarter earnings report surpassed expectations. The software company's EBITDA beat estimates by 142%, signaling continued costumer strength. Yahoo Finance's Madison Mills offers insights into what these financial results reveal about the state of the consumer. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
Company earnings highlight