News & Politics

WTube
2 Views · 3 months ago

Nvidia's (NVDA) stock slump — down by 9% over the last five trading days — dragging down tech-heavy indexes (^DJI, ^IXIC, ^GSPC) along with it.
Yahoo Finance's The Morning Brief welcomes Commonwealth Financial Network CIO Brad McMillan to talk about recent trends in the tech sector and major chip players.
"When you look at the underlying trends, there are some companies coming up underneath Nvidia in the in the artificial intelligence [AI] market. But at the same time Nvidia is still amazingly dominant," McMillan explains. "So, you know a little bit of a pullback, that doesn't worry me necessarily in the short term as long as the trends remain positive and they are. And those other companies give you other opportunities going forward."
McMillan also weighs in on opportunities in small-cap stocks (^RUT) and the Federal Reserve's interest rate approach to inflation.

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WTube
2 Views · 3 months ago

Read the CNET News article - http://cnet.co/2wxA9V7
Yahoo revealed that 3 billion accounts were compromised in the massive breach in 2013.

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WTube
2 Views · 3 months ago

Shares of Tesla (TSLA) recouped its losses from the beginning of the year after 11-straight days of gains, only to turn negative after reports of the company pushing back the unveiling of its robotaxi to October.
Deepwater Asset Management Managing Partner Doug Clinton joins Asking For A Trend to give insight into Tesla's recent performance and its delay of the robotaxi unveiling.
"The first thing I would say is nothing is official in Tesla-land until you hear it from Elon himself. Because what sort of led to this event in the first place was a Reuters report several months ago that the Model 2 was going to be canceled. Elon said that that is false. And then he followed up saying that we're going to have a robotaxi event in August. We haven't seen Elon tweet anything yet. I just checked before we jumped on-air here, he hasn't said anything about the event yet, so who knows what could happen." says Clinton

He follows that up with: "What the stock has been doing more recently is it's been reflecting the hype and the excitement that investors are having for Tesla and what might come in terms of this robotaxi and what that ultimately might mean for the model. And Tesla, more than any other stock, is such a powerful religion"

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WTube
2 Views · 3 months ago

Tesla (TSLA) CEO Elon Musk and billionaire hedge-fund manager Bill Ackman, among other business leaders, have taken to X (formerly Twitter) to express support for former President Donald Trump following his assassination attempt on Saturday. Puck News founding partner William Cohan joins Catalysts to discuss the political implications surrounding the corporate world's endorsements after this past weekend's events.
Cohan suggests this public show of support was likely a strategic move by the CEOs, allowing them to "declare their support for Trump without being attacked for it on social media." He notes that this "unfortunate incident" provided them with a "cover" to voice their backing.
Regarding the election outlook, Cohan says: "At this moment, I think the combination of Biden's poor debate performance, his subsequent attempts to rectify that, and this horrible incident over the weekend... most people at this point seem to be resigned to the fact that Trump is going to win. There's going to be a second Trump administration, and there's not much Biden can do about it, unfortunately."
#news #ELONMUSK #stockmarket

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WTube
0 Views · 3 months ago

#economy #fed #jeromepowell

Federal Reserve Chair Jerome Powell is testifying before the Senate on Capitol Hill on Tuesday, addressing the central bank's outlook on inflation, the economy, interest rates, and more. Claudia Sahm, founder of Sahm Consulting and former Federal Reserve Board Economist, joins Market Domination to analyze the economic landscape.
Sahm begins by highlighting that inflation has come down and emphasizing that this progress "is going to be the reason when the Federal Reserve begins to cut interest rates." She commends Powell's testimony skills, describing it as his "strength," and notes his clarity in conveying that the labor market has cooled and that "inflation risks are not coming out of the labor market."
Reflecting on the current economic environment, Sahm observes, "We are balancing risks in a place that frankly was unimaginable a year ago," adding, "It was supposed to take a recession to make this kind of progress." She told Yahoo Finance, "For this cycle, it's been so unusual to really look at how we are in the healing process. Getting back to something that looks like normal is really important."
Addressing the Sahm Rule, her recession indicator, she explains it "is trying to get at what's the threshold for that increase [in the unemployment rate] that happens right inside a recession." Sahm notes that the economy "is getting close to that threshold."
"These increases in the unemployment rate clearly are getting to a place that is consistent with recessions we've seen previously... since 1950. So we don't want to discount it," Sahm states.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Angel Smith

Yahoo Finance: Market Coverage, Stocks, & Business News
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WTube
2 Views · 3 months ago

The potential economic agenda of a second Trump presidency remains largely undefined. Trump has indicated that he wants to lower corporate and household taxes, implement stricter immigration policies, and expand domestic energy production to address inflationary pressures. However, these broad proposals lack specific details that investors and business leaders are eager to understand. To gain deeper insights into a possible Trump 2.0 economic agenda in the event of his reelection, Yahoo Finance executive editor Brian Sozzi sits down with The Heritage Foundation senior visiting fellow in economics and longtime economic adviser to Trump, Stephen Moore on today's episode of Opening Bid. Moore, co-author of "Trumponomics: Inside the America First Plan to Revive our Economy," offers his perspective on the potential economic strategies of a second Trump administration.
#youtube #Trump #news


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WTube
3 Views · 3 months ago

The political landscape has been shaken as former President Donald Trump faces the weight of 34 felony convictions stemming from his criminal hush money trial. Despite this legal setback, his re-election aspirations show no signs of slowing, with billionaires like Elon Musk and Bill Ackman voicing their unwavering support behind the former president.
Their backing has resulted in a remarkable surge of donations, with Trump's campaign funds growing by a staggering $35 million in the wake of the verdict.
#youtube #news #trump
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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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WTube
2 Views · 3 months ago

At 17, London high school student Nick D’Aloisio sold his unique summarization technology to Yahoo. Today, he leads a team of Yahoo engineers and designers. Their goal? To redefine how news and information are consumed in a world gone mobile.

Get the app in the App Store: http://bit.ly/1tNT3Tw
Get the app on Google Play: http://bit.ly/1pU6mdv

WTube
2 Views · 3 months ago

An exclusive report from Yahoo News recounts a "stunning" breach of U.S. intelligence agencies by Russian spies on American soil. National security and investigations reporter Jenna McLaughlin contributed to the report. She spoke with CBSN about the infiltration of some of America's most secretive organizations.

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WTube
0 Views · 3 months ago

這幾年網購市場越來越大,民眾習慣在網路上採購。接近中元普渡、中秋節等等電商旺季,現在有重磅消息!確定統一也將進攻這塊電商市場,併購Yahoo,未來要挑戰PChome甚至是Momo,專家也預期競爭激烈下,有可能掀起價格戰,消費者有機會撿到便宜。

訂閱【東森新聞】現在就加入》https://pse.is/396256
加入【東森新聞】會員,獨家影片搶先看》https://pse.is/39m9l8

#momo#統一#公平會#過關#網購市場#中元普渡#中秋節#電商#Yahoo#PChome

WTube
1 Views · 3 months ago

In a blow to Intel (INTC) and AMD (AMD), China has asked its largest telecom carriers to phase out foreign chips from their networks by 2027, according to a Wall Street Journal report. With shares of Intel and AMD sinking on the news, Yahoo Finance reporter Akiko Fujita joins Yahoo Finance to discuss the latest Chinese effort to remove America from its technology.
Despite US export controls aimed at Huawei's semiconductor capacities, the Chinese technology company is still able to produce chips for Chinese telecom carriers. China constitutes a large share of Intel and AMD's revenue, though only some of the demand comes from telecommunications and data centers.
#news #youtube #China
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WTube
0 Views · 3 months ago

The CME FedWatch tool shows a nearly 100% chance of an interest rate cut in September as some economists join the call for an interest rate cut as soon as this July. Mizuho US Chief Economist Steven Ricchiuto joins Market Domination to discuss the state of the economy and what it signals for the potential of an interest rate cut.
Ricchiuto believes that the most recent economic data shows "an economy that is still very, very resilient." He continues, "We've been data-dependent all along. We came into the year suggesting that there would be a transition in the economy from above-trend growth to trend growth. And that along with that, we'd see some modest easing up of the labor market conditions. But inflation would get stuck at around the 3% level, as opposed to the 2% level. And largely, that's still the case. The economy looks as if it's going to average 2% over the first half of the year, which is trend."
He adds that the current data is showing "the best period of economic information to say we should be cutting rates. But the reality is you haven't quite hit that test yet of where you should be to really cut rates, and the market wants to adjust so aggressively that it's creating a financial market environment that I think is providing extra stimulus to the economy. And that could very well preclude a rate cut."
#news #youtube #job

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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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WTube
2 Views · 3 months ago

Costco (COST) is finally raising its membership fees, a move many on Wall Street had been anticipating. Starting September 1, 2024, Gold Star membership fees will increase by $5 to $65, and Executive Memberships will increase by $10 to $130.

The retailer also announced it posted June net sales of $24.48 billion, an increase of 7.4% from a year ago and declared a quarterly cash dividend of $1.16 per share.

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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#costco #market #yahoofinance

WTube
0 Views · 3 months ago

#Nvidia #shortselling #stockmarket #yahoofinance #mag7

As Nvidia (NVDA) continues to dominate the tech sector, it has become one of the most heavily shorted stocks. S3 Partners managing director Ihor Dusaniwsky joins Catalysts to discuss some of the biggest tech names eyed by short sellers. When it comes to Nvidia, Dusaniwsky explains that investors are shorting "because it's an overheated stock." While the run-up has been monumental, he notes that "it's got to come back to Earth." He also explains that some investors are shorting the stock "because it's a hedge to the market. People are shorting Nvidia to hedge their entire portfolio and hedge their tech holdings. So you've got two different types of short selling going on in this name." Dusaniwsky also points to Apple (AAPL) as a heavily shorted name, explaining that it's not fundamental investing: "We're looking at a lot of traders that are looking at momentum and technical graphs and saying, 'Hey, I want to short this name. I want to go long this name'... More traders are going and looking at recent activity in the short side and kind of running along with that crowd or getting ahead of the crowd getting out of a name." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl

Yahoo Finance: Market Coverage, Stocks, & Business News
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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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WTube
2 Views · 3 months ago

According to data from Layoffs.fyi, more than 20,000 employees were fired from their jobs in the tech sector in April. In addition, according to data from Women Impact Tech, salaries for workers in tech dropped over 12% in 2023.
Women Impact Tech CEO Paula Bratcher Ratliff joins Wealth! to break down the situation for tech workers, highlighting heightened volatility in tech's segment of the US labor market.
On a more positive note, Ratliff claims: "We're seeing about 20% increase over prior years trajectory in hiring for tech workers, and a lot of that has been powered by AI. There's always been this concern, 'will AI cause us to lose more tech workers?' and we're seeing the opposite effect. AI, and other innovations are driving more tech need for organizations and we're seeing improved hiring, and improved hiring in the human capital space for tech because of AI and the impacts of resumes and resume writing."

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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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WTube
0 Views · 3 months ago

Nvidia's (NVDA) stock slump — down by 9% over the last five trading days — dragging down tech-heavy indexes (^DJI, ^IXIC, ^GSPC) along with it.
Yahoo Finance's The Morning Brief welcomes Commonwealth Financial Network CIO Brad McMillan to talk about recent trends in the tech sector and major chip players.
"When you look at the underlying trends, there are some companies coming up underneath Nvidia in the in the artificial intelligence [AI] market. But at the same time Nvidia is still amazingly dominant," McMillan explains. "So, you know a little bit of a pullback, that doesn't worry me necessarily in the short term as long as the trends remain positive and they are. And those other companies give you other opportunities going forward."
McMillan also weighs in on opportunities in small-cap stocks (^RUT) and the Federal Reserve's interest rate approach to inflation.

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

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WTube
0 Views · 3 months ago

Tesla (TSLA) reported weaker-than-expected first quarter deliveries and production figures, triggering a selloff in the company's stock. Barclays Senior Autos Analyst Dan Levy joins Yahoo Finance Live to analyze the factors contributing to this decline.

Levy highlights slowing demand in the China and US markets, as well as production units that may have been "left in transit." This situation could potentially lead to an inventory buildup, necessitating "further price cuts ahead to clear that excess inventory."

From a fundamental standpoint, Levy says, "there are a couple of challenges that need to be addressed" before Tesla's stock can experience a turnaround. He highlights volume concerns, which have resulted in flat growth, and notes that an inventory buildup could lead to weaker profit margins for the company.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

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WTube
0 Views · 3 months ago

US President Joe Biden and Former President Donald Trump faced off at the first presidential debate on Thursday night, with Biden stumbling through much of his speech and Trump rattling off several inaccurate and/or false statements. Will this debate sway voters or was this expected by most?
Yahoo Finance Senior Columnist Rick Newman joins Morning Brief to break down the aftermath of the first presidential debate, what it means for both candidates, and what it means for the country moving forward.

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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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WTube
1 Views · 3 months ago

Read the CNET News article - http://cnet.co/2wxA9V7
Yahoo revealed that 3 billion accounts were compromised in the massive breach in 2013.

Subscribe to CNET: http://cnet.co/2heRhep
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WTube
2 Views · 3 months ago

Shares of Tesla (TSLA) recouped its losses from the beginning of the year after 11-straight days of gains, only to turn negative after reports of the company pushing back the unveiling of its robotaxi to October.
Deepwater Asset Management Managing Partner Doug Clinton joins Asking For A Trend to give insight into Tesla's recent performance and its delay of the robotaxi unveiling.
"The first thing I would say is nothing is official in Tesla-land until you hear it from Elon himself. Because what sort of led to this event in the first place was a Reuters report several months ago that the Model 2 was going to be canceled. Elon said that that is false. And then he followed up saying that we're going to have a robotaxi event in August. We haven't seen Elon tweet anything yet. I just checked before we jumped on-air here, he hasn't said anything about the event yet, so who knows what could happen." says Clinton

He follows that up with: "What the stock has been doing more recently is it's been reflecting the hype and the excitement that investors are having for Tesla and what might come in terms of this robotaxi and what that ultimately might mean for the model. And Tesla, more than any other stock, is such a powerful religion"

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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

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WTube
2 Views · 3 months ago

#economy #fed #jeromepowell

Federal Reserve Chair Jerome Powell is testifying before the Senate on Capitol Hill on Tuesday, addressing the central bank's outlook on inflation, the economy, interest rates, and more. Claudia Sahm, founder of Sahm Consulting and former Federal Reserve Board Economist, joins Market Domination to analyze the economic landscape.
Sahm begins by highlighting that inflation has come down and emphasizing that this progress "is going to be the reason when the Federal Reserve begins to cut interest rates." She commends Powell's testimony skills, describing it as his "strength," and notes his clarity in conveying that the labor market has cooled and that "inflation risks are not coming out of the labor market."
Reflecting on the current economic environment, Sahm observes, "We are balancing risks in a place that frankly was unimaginable a year ago," adding, "It was supposed to take a recession to make this kind of progress." She told Yahoo Finance, "For this cycle, it's been so unusual to really look at how we are in the healing process. Getting back to something that looks like normal is really important."
Addressing the Sahm Rule, her recession indicator, she explains it "is trying to get at what's the threshold for that increase [in the unemployment rate] that happens right inside a recession." Sahm notes that the economy "is getting close to that threshold."
"These increases in the unemployment rate clearly are getting to a place that is consistent with recessions we've seen previously... since 1950. So we don't want to discount it," Sahm states.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Angel Smith

Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

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WTube
0 Views · 3 months ago

Fed Chair Jerome Powell spoke to David Rubenstein at the Economic Club of Washington D.C. about the assassination attempt on former President Trump, monetary policy, why the Federal Reserve hasn't loosened policy with interest rate cuts, and his concerns regarding the economy. The Fed chair also addressed inflation concerns, the labor market, and the path to 2% inflation.
#yahoofinance #interestrates #news

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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WTube
0 Views · 3 months ago

Tesla (TSLA) CEO Elon Musk and billionaire hedge-fund manager Bill Ackman, among other business leaders, have taken to X (formerly Twitter) to express support for former President Donald Trump following his assassination attempt on Saturday. Puck News founding partner William Cohan joins Catalysts to discuss the political implications surrounding the corporate world's endorsements after this past weekend's events.
Cohan suggests this public show of support was likely a strategic move by the CEOs, allowing them to "declare their support for Trump without being attacked for it on social media." He notes that this "unfortunate incident" provided them with a "cover" to voice their backing.
Regarding the election outlook, Cohan says: "At this moment, I think the combination of Biden's poor debate performance, his subsequent attempts to rectify that, and this horrible incident over the weekend... most people at this point seem to be resigned to the fact that Trump is going to win. There's going to be a second Trump administration, and there's not much Biden can do about it, unfortunately."
#news #ELONMUSK #stockmarket

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

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WTube
0 Views · 3 months ago

As inflationary pressures appear to be easing, the potential implications for President Joe Biden's bid for reelection are coming into focus.
Yahoo Finance's Rick Newman dives into the relationship between economic conditions and voter sentiment, providing insight into how a potential slowdown in the US economy may shape the political landscape.
#youtube #news #stockmarket
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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WTube
3 Views · 3 months ago

The US national debt has ballooned to $35 trillion, but how much of this burden will be eased by US taxpayers? Yahoo Finance Senior Columnist Rick Newman explains how the US can pay down its $35 trillion debt.

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

#biden #trump #nationaldebt #yahoofinance

WTube
1 Views · 3 months ago

The potential economic agenda of a second Trump presidency remains largely undefined. Trump has indicated that he wants to lower corporate and household taxes, implement stricter immigration policies, and expand domestic energy production to address inflationary pressures. However, these broad proposals lack specific details that investors and business leaders are eager to understand. To gain deeper insights into a possible Trump 2.0 economic agenda in the event of his reelection, Yahoo Finance executive editor Brian Sozzi sits down with The Heritage Foundation senior visiting fellow in economics and longtime economic adviser to Trump, Stephen Moore on today's episode of Opening Bid. Moore, co-author of "Trumponomics: Inside the America First Plan to Revive our Economy," offers his perspective on the potential economic strategies of a second Trump administration.
#youtube #Trump #news


About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

WTube
0 Views · 3 months ago

Following an assassination attempt on former President Donald Trump over the weekend, bitcoin (BTC-USD) prices have surged as markets digest the implications of this act of political violence. Token Bay Capital founder and managing partner Lucy Gazmararian and Gryphon Digital Mining (GRYP) CEO Rob Chang join Morning Brief to analyze the situation.
Gazmararian points out that Trump's reputation as "a crypto president" predates the recent rally. She notes that bitcoin prices had already been rebounding from lows caused by concerns over potential selling events related to the Mt. Gox repayments and the German government's transfers.
"I think it's less to do with President Trump and more... actually the main selling events that the markets were concerned about," she explains, suggesting the cryptocurrency was already poised for "healthy movement."
In contrast, Chang expresses a more direct link between Trump and crypto's prospects: "Of the two major parties, there's only one presidential candidate who's planning on speaking at the largest bitcoin conference in the world," Chang tells Yahoo Finance, referring to Trump. He believes a Trump presidency would be "more pro-cryptocurrency, and bitcoin in particular," detailing why he views Biden's policies as less favorable for the crypto industry.
#youtube #BITCOIN #crypto

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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WTube
2 Views · 3 months ago

Probability for a interest rate cut from the Federal Reserve in September has jumped to nearly 100%, according to the latest data from the CME Fedwatch tool. Fed Chair Jerome Powell has, on multiple occasions, reiterated the stance that the Fed will need to see more economic data before making any decisions on interest rate cuts. As more and more data reveals inflation gradually cooling, will the first cut finally arrive in September?
Yahoo Finance Reporter Josh Schafer joins Catalysts to break down the possibilities coming from the Fed as more economic data pours in.
#stocks #youtube #news

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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WTube
0 Views · 3 months ago

#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto

To get the latest market news check out finance.yahoo.com

US stocks gained ground Monday as investors wagered that presidential candidate Donald Trump is now more likely to reclaim the White House after an unsuccessful assassination attempt strengthened his chances of victory.

The Dow Jones Industrial Average (^DJI) rose about 0.4%, closing at a new all-time high above the 40,000 threshold. The S&P 500 (^GSPC) added about 0.3%, just below a record finish, while the tech-heavy Nasdaq Composite (^IXIC) gained 0.4%.

Stocks are building on a roaring rally as second-quarter results from more big US banks rolled in. Goldman Sachs (GS) reported a profit surge of 150% amid investment banking strength, a sign that Wall Street is rebounding from a two-year drought. Shares rose about 2.5%. Meanwhile, BlackRock's (BLK) profit beat estimates as assets under management hit a record of $10.6 trillion.

But the market was focused on the potential fallout from the assassination attempt on Trump at a rally on Saturday. Bets ramped up on a win in November's presidential election for the Republican frontrunner, seen as likely to cut taxes, raise trade tariffs, and ease up on regulation.

The benchmark 10-year Treasury yield (^TNX) was up 4 basis points to trade at around 4.2%, while the 30-year yield gained (^TYX) to steepen the yield curve. The dollar (DX=F) edged up, and bitcoin (BTC-USD) surged to a two-week high amid speculation about a coming Trump victory.

Meanwhile, shares of Trump Media & Technology (DJT) ended the day more than 30% higher. Crypto-related stocks also got a boost.

Investors also took stock of remarks from Fed Chair Jerome Powell, who spoke at an event in Washington, D.C., on Monday and reiterated that recent inflation readings show progress in the fight against inflation. His speech appeared to reinforce market expectations that rate cuts will arrive as soon as September.

For more on this article, please visit:
https://finance.yahoo.com/news..../stock-market-today-

WTube
0 Views · 3 months ago

Former President Donald Trump has named Ohio Senator JD Vance (R-Oh.) as his running mate in the 2024 presidential election. Trump was officially named the Republican Party's presidential nominee at the first day of the Republican National Convention (RNC).
Fletcher School of Law and Diplomacy lecturer and “Picking Presidents” author Gautam Mukunda joins Market Domination to discuss the move and how the assassination attempt against Trump may impact the outcome of the election.
"Essentially, this pick signals that Trump has abandoned whatever attempts he might have been making after the assassination attempt to try and be a unifying figure... It is impossible to imagine a less unifying figure than JD Vance," Mukunda says. He notes that there may be two strategies behind Trump's pick for JD Vance. The first may be that the former president is so confident in winning that it doesn't matter who his vice president is. The second strategy may be based on who "has been the most sycophantic towards him, and I stand in awe of JD Vance's skills in that department," he explains.
"You cannot imagine a sharper contrast with the Democratic ticket" in the Trump-Vance campaign, Mukunda states, especially given their stances on abortion and women's rights.
The campaign has been getting attention from high-profile individuals, like Tesla (TSLA) CEO Elon Musk and billionaire Peter Thiel, who is closely tied to Vance. Mukunda stresses how the "Republican Party is the party of financial and corporate elite, and it has been since the day it was founded." However, unlike previous presidential races, this one is unique because there were no Fortune 100 CEOs who endorsed Trump before Elon Musk's recent support.
#youtube #news #trump
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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WTube
0 Views · 3 months ago

#investing #trading #yahoofinance

As more Wall Street firms raise their targets for the S&P 500 (^GSPC), some Americans may believe it's time to dip their toes into the market. What strategy is best for those just starting out? Yahoo Finance Contributor Ross Mac joins Wealth! to break down the difference between investing and trading. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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LinkedIn: https://www.linkedin.com/company/yahoo-finance

WTube
1 Views · 3 months ago

Nvidia's (NVDA) stock is under pressure Friday as a recent sell-off erases $118 billion of its market cap. This downturn follows the company's brief stint as the most valuable company in US markets. Microsoft (MSFT) is once again the most valuable company heading into Friday's trading session.
Moor Insights & Strategy Founder, CEO, and Chief Analyst Patrick Moorhead joins the Morning Brief to share his perspective on Nvidia's outlook.
Moorhead draws a parallel between Nvidia's current trajectory and Cisco's (CSCO) rise in the early 2000s. "Cisco was the driver and the builder of the infrastructure for the internet age, and there was over-investment in this space," he explains. Similarly, Nvidia now finds itself as the primary infrastructure provider for the generative AI technology sector.
However, Moorhead emphasizes that Nvidia's continued dominance hinges on sustained enterprise demand for their offerings. He cautions if customers stop buying Nvidia's offerings, "then this whole gravy train comes to a screeching halt."
Looking ahead, Moorhead states: "If Nvidia and its partners can stick this landing and enterprises can start either leveraging the benefits from enterprise SaaS [Software as a Service] companies... or building their own, then this is going to be a 5 to 10-year run. And maybe we won't see the dot-com bust like we saw years ago."
#NVIDIA #STOCKMARKET #AI

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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LinkedIn: https://www.linkedin.com/company/yahoo-finance

WTube
1 Views · 3 months ago

China's economy is under scrutiny following the release of GDP figures that fell short of expectations. The nation reported second-quarter GDP growth of 4.7% year-over-year, missing the projected 5.1%.
Yahoo Finance anchor Akiko Fujita analyzes these developments, discussing the factors contributing to China's economic slowdown.
#stockmarket #China #youtube
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

WTube
0 Views · 3 months ago

Alphabet (GOOG, GOOGL) is in talks to acquire cyber security startup Wiz for $23 billion, according to a report from the Wall Street Journal.
Jefferies senior analyst Brent Thill joins Market Domination Overtime to give insight into the movements in big tech, the cloud space, and why he believes this merger will be a successful one for Alphabet.
Thill is excited by this deal, stating: "I think this makes a lot more sense given that they [Wiz] can address both small, mid, and large enterprises with this technology. That the government--there's zero chance, in my opinion, they could push back on this because it's enabling the security and safety of data, and no one has dominant market share, so it makes a lot of sense for us. So, again, we've heard a lot of chatter, and M&A by Google. None of it's happened, clearly, the HubSpot deal, at least in the interim, fell apart. But this deal, in my opinion, makes a lot more sense. I'd be a lot more excited as a shareholder if this was happening. "
#BigTech #youtube #news

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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LinkedIn: https://www.linkedin.com/company/yahoo-finance

WTube
0 Views · 3 months ago

The United States has been rocked amid an assassination attempt on former President Donald Trump at a Pennsylvania campaign rally. Trump narrowly missed more severe injury thanks to his own swift action and efforts by the Secret Service. The President and his supporters will now turn their attention to the Republican National Convention and then the ultimate prize, winning the White House for four more years come November. Indeed the eye-opening turn of events in the presidential election race have direct implications for investors who up until now, have largely been ignoring the political rhetoric and pushing stocks to fresh highs. However if Trump – who had been leading President Joe Biden in most polls – receives a boost in popularity, talk of a Republican sweep in November will take center stage up and down Wall Street. How would a Republican sweep impact the markets and the economy? Is talk like this too premature and Biden could surprise investors with a win? And in doing so, push through an agenda of higher taxes for the wealthy among other items? Yahoo Finance Executive Editor Brian Sozzi orchestrates an engaging roundtable on the new path forward for investors in the wake of this stunning moment in American history. He is joined by Brian Gardner, Chief Washington Policy Strategist at Stifel, Terry Gardner, C.J. Lawrence Partner & Portfolio Strategist, and Yahoo Finance Washington Correspondent Ben Werschul.
#youtube #news #stocks

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
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Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

WTube
0 Views · 3 months ago

A new Redfin report shows that typical monthly payments for homebuyers in swing states have nearly doubled since the 2020 election. Redfin head of economic research Chen Zhao joins Wealth! to break down the report and why housing has become unaffordable for many Americans.
Zhao explains that the mortgage payment associated with a median-priced home in a swing state has risen 92% since 2020. "The reason for that is because home prices have gone up more than 40% and mortgage rates have more than doubled in that time. So that's really driving the increase," she says. She adds that American families making the median household income would have to spend 33% of their income to buy a median-priced home, marking a 22% rise since 2020.
As the housing supply gets squeezed, buying a home has become much more expensive. While prices have risen in the past, Zhao explains that his increase is different:
"Home prices actually also went up a lot between 2016 and 2020. They also went up about 40%, as they did between 2020 and 2024. But the difference is that mortgage rates did not go up between 2016 and 2020, but between 2020 and 2024, we went from ultra-low mortgage rates to now high 6 to 7% mortgage rates. And that's really driving the difference between those two time periods."
#youtube #REALESTATE #news

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance




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