Stock Market Winners & Losers: Stocks Fall | Real Estate Broker Fees | NBA Season

Stock Market Winners & Losers: Stocks Fall as Earnings Season Picks Up Steam | Real Estate Broker Fees Draw Antitrust Scrutiny | NBA Season Sees International Interest Surges

Loser: Stocks fall as earnings season picks up steam
- Stocks dropped as earnings season gained steam.
- United Airlines fell more than 8% after delivering soft guidance.
- Procter & Gamble rose nearly 3% after beating analyst expectations for the quarter.
- Netflix and Tesla earnings expected after the bell.

Winner: Real Estate Brokers 6% Fees Draw Antitrust Scrutiny
- The lucrative broker commission sharing system is facing unprecedented antitrust scrutiny from the Justice Department
- Homesellers on the hook for a 5% to 6% cut of the sale, split between their agent and the buyer’s agent.
- Commission rates, on a $407,100 house — the median existing-home sales price — a 5.5% commission comes to about $22,390.
- Bay area commissions can easily hit $50,000 to $75,000
- Commissions are around 2% in countries like Australia and the UK.

Winner: NBA season sees international interest surges
- StubHub said ticket sales for the upcoming NBA season are up 60% from last year, thanks to increased interest from fans outside the US.
- The league’s international reach, is paying off.
- International stars such as the Denver Nuggets’ Nikola Jokić, the Milwaukee Bucks’ Giannis Antetokounmpo and San Antonio Spurs rookie Victor Wembanyama.
- Fans from 92 countries — up 24 from last season — are flocking to North American games.

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