Stock Market Today: Dow, Tech & Gold – What Happened?

Want to Buy a House? That’ll Be Double Your Income Up Front

FROM 5 minutes ago

If you live in a large city, there’s a good chance you’d need to spend nearly twice your annual income in the first year alone to become a homeowner.

That’s according to an analysis by economists at Goldman Sachs, who found that if you’re a homebuyer in a large metro area—or if you’re in the lowest fifth of earners—a down payment on a home plus the first year of mortgage payments will cost between 160% and 200% of their income. A generation ago, in 2000, that was much easier to save for, at 90% to 120%.

And renters aren’t off the hook when it comes to housing costs: rent now eats up 32% of income on average, up from 27% a quarter-century ago. And for the bottom quintile of earners, rent costs 55% of their income.

Read the full article here.

–Diccon Hyatt

Here’s How Much Traders Expect AMD Stock to Move After Earnings

FROM 14 minutes ago

Advanced Micro Devices is scheduled to report earnings after the closing bell Tuesday. Traders are anticipating a big move in the chipmaker’s stock.

Options pricing suggests traders expect AMD (AMD) stock could move nearly 8% in either direction by the end of this week. A shift of that size from Monday’s closing price of around $246 could push the shares back to October’s record highs near $265—or drag them back down to about $228.

Analysts at Bank of America said last month that they expect AMD’s results to top Street estimates on strength from its data center segment, its largest source of revenue, as Big Tech giants continue to spend heavily on AI infrastructure.

Read the full article here.

–Kara Greenberg

Novo Nordisk Stock Dives as Wegovy Maker Sees 2026 US Sales Decline

FROM 36 minutes ago

Novo Nordisk (NGOs) sees declining 2026 profit and sales. Investors are punishing the Wegovy maker’s stock.

U.S.-listed shares of Novo Nordisk were down more than 13% in recent trading after the Danish pharmaceutical firm said it sees both 2026 adjusted profit and adjusted sales growth down by 5% to 13%.

Novo Nordisk said it sees global GLP-1 market expansion continuing this year, but added that “this is countered by lower realised prices, including the MFN (“Most Favoured Nations”) agreement in the US and the loss of exclusivity for the semaglutide molecule in certain markets in International Operations.”

In 2025, the company reported 10% net sales growth and 6% operating profit growth at constant exchange rates to more than 309 billion Danish kroner ($48.9 billion) and almost 128 billion Danish kroner ($20.2 billion), respectively.

U.S.-listed shares of Novo Nordisk have lost about 38% of their value over the past year.

PayPal Names New CEO as Outlook, Results Disappoint. The Stock Is Tumbling

FROM 2 hr 15 min ago

PayPal shares tumbled Tuesday after the payments provider’s fourth-quarter results and outlook came in short of Wall Street analysts’ estimates. The company also named a new CEO.

Shares were down over 18% recently, among the worst-performing stocks in the S&P 500 and Nasdaq as they sank to their lowest point since early 2017.

PayPal said Tuesday that it generated $8.68 billion in revenue in the fourth quarter, along with adjusted earnings per share of $1.23. Both figures missed analysts’ projections compiled by Visible Alpha.

Interim CEO Jamie Miller said the company’s “execution has not been where it needs to be,” especially in its branded checkout operations, where PayPal is provided as an option for checking out on a retailer’s website. PayPal said its underperformance in branded checkout was “driven by weakness in US retail, international headwinds and tough compares in high-growth verticals.”

Read the full article here.

–Aaron McDade

Walmart Hits $1 Trillion Market Cap

FROM 2 hr 44 min ago

The trillion-dollar club has a new member.

Retail giant Walmart (WMT) surpassed $1 trillion in market capitalization Tuesday as its shares surged 2%.

Shares of Walmart have risen nearly 14% in 2026 and have added more than a quarter of their value of the past 12 months as the company has made inroads with higher earners.

John Furner took over as Walmart’s CEO this week from Doug McMillon, who announced his retirement in November.

Eli Lilly (LLY), which ranks just below Walmart with a market cap of $935 billion, reports quarterly results Wednesday.

–Peter Gratton contributed to this post.

Investors Love Palantir’s Earnings. The Stock Is Soaring

FROM 3 hr 54 min ago

Palantir looks primed to bounce.

Shares of the AI-powered software company were 6.5% higher in early trading, looking set to reverse a slide that has lasted about three months. Palantir’s (PLTR) stock—recently up to near $159—is eating into year-to-date losses; the shares finished 2025 at just under $178 apiece.

Last night’s release of an upbeat sales outlook and quarterly financial results—both which were better than Wall Street expected—as well as some braggadocio in a letter from CEO Alex Karp, is powering the shares higher this morning. Those numbers may also help reassure some investors that software stocks aren’t necessarily all doomed to be devoured by AI. (That’s not a unanimous determinationbut it’s undoubtedly a concern.)

Read the full story here.

–David Marino-Nachison

Disney Taps D’Amaro to Be Iger’s Successor as CEO

FROM 4 hr 42 min ago

The Walt Disney Co. (DIS) has named its successor to longtime CEO Bob Iger, and it indeed will be Josh D’Amaro.

Before the bell Tuesday, the entertainment and media giant named Disney Experiences Chairman D’Amaro its new CEO, effective at its annual meeting on March 18.

On Sunday, Bloomberg reported that D’Amaro was a likely choice to succeed Iger, while The Wall Street Journal said Iger had told people close to him that he planned to step down before his contract was up at the end of the year.

During Monday’s earnings call, Iger didn’t address who would be his successor but said that Disney—which previously said in November 2024 that it would announce his successor in early 2026—was “in much better shape today than it was three years ago, because we have done a lot of fixing, but we’ve also put in place a number of opportunities.”

Disney shares sank 7.4% Monday despite better-than-expected resultsas investors assessed reports about the company’s CEO succession plans. They advanced 1% in premarket trading following the news.

–Aaron McDade contributed to this post.

What You Need to Know About Letting Your Money Sit Idle in a Savings Account

FROM 5 hr 3 min ago

Putting cash away in a savings account feels reassuring, but comfort alone can come at a cost. Between inflation and the rising cost of living, any account earning less than 2% or 3% is quietly losing value over time. With the national average savings rate sitting at just 0.39% APY in early 2026, you may be seeing your balance erode in purchasing power month after month.

Having a solid savings cushion is key to financial health—but how you save matters. Below, we’ll weigh the pros and cons of keeping your money in a savings account and explore smarter alternatives that could serve you better.

Traditional savings accounts excel at two things: instant access (i.e., “liquidity”) and Federal Deposit Insurance Corp. (FDIC) insurance, which guarantees up to $250,000 per depositor, per bank against loss.

The trade-off is opportunity cost. Park $10,000 for a year in the bank at 0.50% and you earn just $50 in interest (before taxes); if inflation averages 2.5% over the same year, your real purchasing power drops by more than $1,200. Sure, you avoid market swings, but the slow leaking of value is all but guaranteed.

Read the full story here.

–Adam Hayes

The Fed Cut Rates 3 Times—So Why Are Some Savings Accounts Still Paying 5%?

FROM 5 hr 39 min ago

Even after the Federal Reserve cut interest rates three times last fall, the very top savings account rate hasn’t budged. The leading APY was already at 5.00% before the first cut in September—and it’s still there today, despite additional reductions in October and December pushing the federal funds rate down a total of 0.75 percentage points.

That doesn’t mean the broader savings market has been immune to the Fed’s moves. Looking across today’s best high-yield savings accountsthe collective ranking has gradually slipped. As of today, the 10th-best savings rate stands at 4.20%, while the 15th-best rate—the bottom of our top-15 list—was 4.02%.

Rewind a few months and the midrank accounts paid more. At the start of September, before the Fed’s first 2025 rate cut, the 10th-best savings account offered 4.40%, and the 15th-best paid 4.31%—about 20 to 30 basis points better than today. But while those rates have slipped, the top nationwide rate has held firm at 5.00%.

Read the full article here.

–Sabrina Karl

The Great Wealth Transfer: Why Inheriting a Home May Not Make You Rich

FROM 6 hr 12 min ago

After your parents or grandparents pass away, you may expect to receive some type of inheritance, whether it’s old jewelry, leftover retirement account assets, or even a home.

While inheriting a home can be a blessing, it can also come with hidden downsides. With the “Great Wealth Transfer” underway, this is an issue many Americans could face in the coming years.

During this period, a staggering $124 trillion worth of wealth is expected to transfer through 2048, with most of that wealth going to heirs, according to Cerulli Associates.

Many people could find themselves with their parents’ home on their hands in the coming years.

A Freddie Mac survey from late 2024 found that three-quarters of Baby Boomer homeowners planned upon death to leave their home or hand down the proceeds from the sale of their home to family members.

Read the full article here.

–Trina Paul

For the New Walmart and Target CEOs, It’s ‘Continuation’ vs. ‘Reinvention’

FROM 6 hr 34 min ago

Same title. Different task.

New CEOs started at two big retailers—Target (TGT) and Walmart (WMT)—on Sunday. Their missions vary considerably.vAt Target, Michael Fiddelke wants to stem the flight of investors and revive sluggish sales. At Walmart, John Furner aims to continue reeling in new customers and keep investors happy.

“They’re at, really, very different junctures,” TD Cowen senior equity research analyst Oliver Chen said on CNBC. “Target needs a reinvention; Walmart, continuation.”

Fiddelke’s tenure starts as Target seeks to shake off a tough spell. Revenue has fallen year-over-year for the past four quarters. Consumers have pulled back on discretionary purchasesand some of Target’s merchandising picks fell flat. The retailer was also slower to build up the sort of delivery system that attracted shoppers to some of its competitors, Chen said. Investors took notice, with share prices falling by more than 20% over the past year.

Read the full article here.

–Sarina Strangled

Stock Futures Mostly Rise as Palantir Leads Tech Shares Higher

FROM 7 hr 1 min ago

Futures contracts connected to the Dow Jones Industrial Average pointed down 0.1%.

S&P 500 futures were up 0.1%.

Nasdaq 100 futures advanced 0.4%.