This Is the Most Expensive Home Listing in the U.S. Take a Look Inside.

A 105,000-square-foot mansion in Los Angeles will become the most expensive listing in the U.S. when hits the market on Monday with a $295 million asking price.

If it sells at that amount, the hillside property, called “The One,” will be the priciest home ever sold in the U.S. “The One” boasts 21 bedrooms, 42 full bathrooms, multiple pools, a nightclub complete with a VIP area, a bowling alley, a 40-seat movie theater, a full-service hair salon, and a 30-plus car garage, among a sprawling list of amenities.

Exxon Stock Has Soared This Year. Why This Analyst Sees More Gains Ahead.

Exxon Mobil stock is jumping after Credit Suisse upgraded its shares from Neutral to Outperform on Tuesday.

Unlike many of its competitors, Exxon Mobil (XOM) bet that the world will continue to run on fossil fuels over the medium term and that’s a bet that will pay off, writes Credit Suisse analyst Manav Gupta. Unlike its Big Oil peers, many of whom forecast that the energy transition would lower demand for oil and gas, Exxon has continued to invest in the production of both commodities, Gupta noted.

This Tech Stock Looks Attractive—Even in a Recession

Amid a devilish brew of rising rates, high inflation, and recession fears, the tech sector offers few hiding places for investors.

The market is shunning the high-growth, profitless software stocks that drove the sector higher during the pandemic. Consumer-facing e-commerce and hardware stocks are sagging, plagued by weakening demand; social media plays are taking a beating as ad buyers retrench; and supply-chain issues are hitting chip stocks. Almost every tech stock is down for the year, with dozens off more than 50%.

The 7 Worst Housing Markets in America, According to Lennar

Jersey and Florida are hot. Housing in Austin and Seattle is not, according to the co-CEO of the U.S.’s second-largest home builder.

Lennar (tickers: LEN, LEN. B) noted a slowdown nationally in housing on its earnings conference call Tuesday, and then went through some of the stronger and weaker markets around the country.

“So, far in June,...

Tesla Cars Won’t Be Allowed Near China Leadership Meeting: Report

Tesla vehicles won’t be allowed into the Chinese district of Beidaihe for two months as the country’s leaders hold a leadership meeting, according to a report.

Authorities in the region will ban Tesla (ticker: TSLA) cars starting July 1, according to Reuters citing an unnamed local traffic police officer.

Tesla cars are equipped with several...

Stocks Won’t Sink Forever. Here Are Cheap Plays on the Market’s Recovery.

Asset-management stocks have been hit hard this year in the market selloff, with some down 35% to 45%, almost double the decline in the S&P 500 index. No industry is more directly tied to stock and bond markets, and a bear market depresses assets under management, revenue, and earnings. Profit estimates for 2022 lately have been declining, and earnings are on track to fall below last year’s results.

Yet, even against this deteriorating backdrop, the stocks look appealing. Many asset managers’ shares are trading for 10 times...

Small-Cap Stocks Have Gotten Crushed. Watch for Them to Rebound Soon.

Small-company stocks have gotten hit hard—harder than their larger peers. That means small-caps could face less risk if the market continues to fall and more upside once it starts to turn.

While the S&P 500 has fallen 23.4% from its January all-time high, the small-cap Russell 2000 has dropped 31.8% from its own record, which it set in November. That makes sense given that everything making large-cap stocks fall—high inflation, the Fed’s interest-rate increases, and recession fears among them—hit small companies harder. But...

Grocery Shares: Now Might Be the Time to Stock Up. Here’s Why.

The stock market has been a scary place this year, but grocery stocks may provide a haven.

The S&P 500 is in a bear market, dropping 23% from its early January all-time high because of sky-high inflation.

That has prompted the Federal Reserve to lift short-term interest to lower economic demand. And a surge in long-dated bond yields makes...

The Stock Market’s Selloff Will Eventually End. Bet On It.

After a three-year hiatus, the Golden State Warriors are the best team in basketball again—and they had to navigate an injury-driven tumble from the top to the absolute bottom to do it. There’s a lesson in there about bear markets, recessions, and all the fears gripping investors right now.

After the stock market’s tumble this past week, investors probably feel like Warriors star Stephen Curry in 2020 asking what else could possibly go wrong. The S&P 500 dropped 5.8%, its worst weekly decline since March 2020, while the Dow...

https://www.barrons.com/articles/los-angeles-mansion-the-one-51641664263

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