The theme for the 2025 summer travel season: Be flexible!
Memorial Day Weekend is coming up, a key indicator of not only grillmaster talents, but what the summer travel season may entail as well.
Yahoo Finance senior columnist Kerry Hannon weighs in on gas prices (RB=F) ahead of this crucial travel holiday and what forecasts are saying about domestic and international travel trends to come in the summer months and early fall.
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
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Yahoo
8 hours ago
- Yahoo
'Sellers Need To Wake Up—This Isn't 2021 Anymore,' A Real Estate Agent Says, Claiming Homes Are Sitting For Weeks After Price Cuts
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The housing market has changed in some areas, but some sellers haven't caught on. "Sellers need to wake up and realize that this is not 2021 anymore. Layoffs are ramping up, wages are stagnant and rates are over 7%,' one Northern California real estate agent said on Reddit last week. In the post, the agent said listings are sitting for weeks even after sellers lower prices. 'You are not going to get 10 offers in a matter of days for your house,' they added, pointing out that some homeowners still expect 2021-level demand and pricing. Don't Miss: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Hasbro, MGM, and Skechers trust this AI marketing firm — Many commenters pointed out that the market is now heavily local. While parts of California and Texas are cooling down, others like Westchester, New York and Columbia, South Carolina are still seeing homes sell quickly. One person said, 'Houses in my neighborhood are flying off the market above list prices that are still higher than 2021.' But in markets that are slowing, unrealistic pricing is a common theme. A San Diego agent shared that a client wanted to list at $1.4 million based on a nearby renovated home, even though hers needed $120,000 in updates to match it. "People are being very cautious with their purchases," the agent said. "It will sell at the right price point, but many people have incredibly unrealistic expectations of what their homes are worth.' Trending: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Buyers, too, aren't playing along. One Redditor said they made a below-list offer that was rejected. A week later, the seller came back and accepted it. Another shared, 'We just completed option period 16% under list on a home, including some seller repairs before close.' The frustration isn't limited to realtors or buyers. One commenter described a foreclosure that sat on the market for over a year at the same price as a new build. When the bank finally matched a buyer's earlier offer, the home still sat for months. 'Banks are dumb!' the commenter wrote. New nationwide data backs up the on-the-ground anecdotes. According to the National Association of Realtors, sales of previously owned homes in April fell 0.5% from March to a seasonally adjusted annual rate of 4 million units—the slowest April pace since 2009. That was also 2% lower than April 2024 and well below the 2.7% gain economists expected. Inventory is on the rise. The same report highlighted that the number of homes for sale rose 9% from March and was up nearly 21% compared to April 2024, hitting 1.45 million. That equates to a 4.4-month supply, the highest level in five years but still under the six-month mark that signals a balanced market. Read Next: Invest Where It Hurts — And Help Millions Heal: With Point, you can Send To MSN: 0 This article 'Sellers Need To Wake Up—This Isn't 2021 Anymore,' A Real Estate Agent Says, Claiming Homes Are Sitting For Weeks After Price Cuts originally appeared on
Yahoo
18 hours ago
- Yahoo
‘Lilo & Stitch': All The Box Office Records Broken
Disney's Lilo & Stitch has teed up this summer's box office to arguably become the best one since Covid with a projected $4.2 billion in the U.S. and Canada after breaking a slew of records over its opening Memorial Day weekend frame. The $100 million live-action feature take of the 2002 animated classic broke even thanks to its rich merchandise and ancillaries, with a breakeven point of $205 million worldwide per film finance analysts. More from Deadline 'Lilo & Stitch' Live Action Cast Guide: Who Plays Who? Live-Action 'Lilo & Stitch' Soundtrack: All The Songs You'll Hear 'Lilo & Stitch' Swings To Best Tuesday In May For PG Movie At $15M+; Disney Pic Crossing $200M Today - Box Office Let's take a look at all the box office records it has broken. Biggest 4-Day Memorial Day Weekend Box Office Ever, at $182.6M, unseating 2022's Top Gun: Maverick ($160.5M). Biggest Opening Ever For a Rideback Production, with a 3-day of $146M, besting It: Chapter One's $123.4M. Biggest Opening Ever for Director Dean Fleischer Camp. His previous opening was A24's Marcel the Shell With Shoes On at $159,000 from six theaters. Biggest 3-day Opening for a PG Movie In May, ahead of 2007's Shrek the Third ($121.6M). Biggest Tuesday In May for a PG Movie at $15.2M, ahead of Disney's Aladdin ($12M) in 2019. Biggest 4-day Memorial Day Weekend at Domestic Box Office For All Films at $329.8M, per Comscore, unseating Memorial Day Weekend 2013 which minted $314.3M after Fast & Furious 6 led with a $117M opening. OTHER NOTABLE ACHIEVEMENTS Second Biggest 4-Day Holiday Opening, after Black Panther's $242.1M in its debut over the 2018 Presidents Day weekend. Second Biggest Opening YTD after Warner Bros/Legendary's A Minecraft Movie ($162.7M). Third Biggest Opening for a Disney Live-Action Feature Adaptation of a Classic Toon, behind 2019's The Lion King ($191.7M) and 2017's Beauty and the Beast ($174.7M). Fifth Biggest Monday of All-Time at $36.5M, after Black Panther ($40.15M, February 19, 2018), Star Wars: The Force Awakens ($40.10M, December 21, 2015), Spider-Man: No Way Home ($37.1M, December 20, 2021) and Avengers: Endgame ($36.8M, April 29, 2019). AMC and Odeon's Most Attended 5 Days YTD at 7 million, combined both stateside and abroad. AMC is reporting, but not providing numbers, that it was the chain's most-attended Memorial Day weekend in the U.S. since 2013. It was also the No. 1 exhibitor's third-best 5-day (Thursday-Monday) in more than decade when it came to overall revenue (admissions plus concessions). Regal Cinemas' Most Attended Memorial Day Weekend Ever with more than 3 million moviegoers at the nation's No. 2 chain. It also served 103 million buckets of popcorn. Highest Opening YTD for an MPA Movie at the International Box Office YTD at $158.7M. Highest Disney Live-Action Opening of All Time Across Latin America. Mexico was the No. 1 market with $27M, Brazil was third with $12.2M. NOTABLE ACHIEVEMENTS Third highest Disney Live-Action Worldwide Opening at $342M, behind The Lion King ($433M) and Beauty and the Beast ($357). Disney First Studio To Cross $2 Billion YTD, ahead of all other studios at the global box office. Best of Deadline 2025-26 Awards Season Calendar: Dates For Tonys, Emmys, Oscars & More Everything We Know About Netflix's 'The Thursday Murder Club' So Far 2025 TV Series Renewals: Photo Gallery
Yahoo
21 hours ago
- Yahoo
If You Invested $10K In Crown Castle Stock 10 Years Ago, How Much Would You Have Now?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Crown Castle Inc. (NYSE:CCI) owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. The company's stock traded at approximately $81.92 per share 10 years ago. If you had invested $10,000, you could have bought roughly 122 shares. Currently, shares trade at $100.16, meaning your investment's value could have grown to $12,227 from stock price appreciation alone. However, Crown Castle also paid dividends during these 10 years. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Hasbro, MGM, and Skechers trust this AI marketing firm — Crown Castle's dividend yield is currently 4.25%. Over the last 10 years, it has paid about $57.21 in dividends per share, which means you could have made $6,984 from dividends alone. Summing up $12,227 and $6,983, we end up with the final value of your investment, which is $19,210. This is how much you could have made if you had invested $10,000 in Crown Castle stock 10 years ago. This means a total return of 92.10%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 229.70%. Crown Castle has a consensus rating of "Buy" and a price target of $124.07 based on the ratings of 29 analysts. The price target implies around 24% potential upside from the current stock price. Trending: Invest Where It Hurts — And Help Millions Heal: On April 30, the company announced its Q1 2025 earnings, posting FFO of $1.10, beating the consensus estimate of $0.97, while revenues of $1.01 billion missed the consensus of $1.04 billion, as reported by Benzinga. 'We delivered solid operational and financial results in the first quarter, as a continuation of strong activity levels in the U.S. drove 5% organic growth in our tower business excluding the impact of Sprint Cancellations, positioning us well to meet our full year 2025 Outlook," said CEO Dan Schlanger. For its full-year 2025, the company expects AFFO per share in the range of $4.06 to $4.17. Given the expected upside potential, growth-focused investors may find Crown Castle stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 4.25%. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock Send To MSN: 0 This article If You Invested $10K In Crown Castle Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
