Micron Technology (MU) shares slide lower this morning after investors express disappointment on the extent of its fourth-quarter earnings beat. Fox Advisors Founder and CEO Steven Fox spoke with Yahoo Finance Executive Editor Brian Sozzi and Brad Smith about the pain points in Micron’s bottom line and declining revenue across segments. “We have been cutting numbers for the better part of the year… we finally got to the point where we are not cutting numbers anymore,” Fox states. “The bad news is… the sell-side in general and the consensus is thinking too optimistically about the type of rebound Micron is going to have from these levels.” Fox also comments on […]
Two fitness brands are teaming up. Peloton (PTON) and Lululemon Athletica (LULU) have announced a new five-year partnership. As part of the deal, Peloton will become the “exclusive digital fitness content provider” for Lululemon, while Lululemon will become Peloton’s “primary athletic apparel partner.” Yahoo Finance Live Julie Hyman and Josh Lipton break down the announcement. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial […]
Boost Infinite (DISH) has partnered with tech giants Apple (AAPL) and Amazon (AMZN) to offer users a new wireless service, made available today. Priced at $60 per month, the plan includes unlimited talk, text, and data, along with an annual iPhone upgrade. This collaboration marks the very first time that Apple iPhone plans are available for purchase on Amazon.”Right now value is important to people,” Dish Wireless COO John Swieringa tells Yahoo Finance’s Akiko Fujita, “and with us you don’t have to sacrifice to get value.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: […]
Stocks across the board took a hit after the Fed’s decision to keep interest rates steady, with the potential for future rate hikes down the line. Data from Bank of America shows investors had their largest exit from equities since last December. Yahoo Finance Senior Reporter Josh Schafer joins the Live show to break down the comments made by Fundstrat’s head of research Tom Lee and why the economy may actually flourish. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #yahoofinance #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock […]
Microsoft’s (MSFT) acquisition of Activision-Blizzard (ATVI) may get the green light from UK antitrust regulators. The deal was blocked in April over concerns that Microsoft would have too much control of the cloud gaming market. Yahoo Finance Tech Reporter Dan Howley joins Brad Smith and Seana Smith to break down the step forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #Activision #Microsoft About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your […]
Saudi Arabia extended its oil production cut in August and Russia placed an export ban for diesel and gas. How will this impact future gas prices? Yahoo Finance Reporter Ines Ferre discusses how these headwinds may impact gas prices, as well as the possibility of oil reaching $100 a barrel. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #oil #gas #youtube About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo […]
Pershing Square Capital CEO, Bill Ackman, posted on X.com (formerly Twitter) commenting on The Federal Reserve’s decision to keep rates steady. Ackman stated that he feels that while the Fed is committed to the 2% inflation goal, it remains unlikely that they will reach that goal in the near future. Fed Chair Powell has warned rates will likely stay higher for longer. Yahoo Finance’s Seana Smith and Brad Smith discuss Ackman’s comments and how the current economic landscape, including ongoing worker’s strikes, will keep most likely inflation up. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to […]
The Fed motioned to pause interest rates in September with the possibility of one last hike to come in 2023. But after tightening for so long, could markets finally be giving regulators the go-ahead to do what needs to be done? The Wall Street Journal Chief Economics Correspondent Nick Timiraos joins Yahoo Finance Live anchors Josh Lipton and Akiko Fujita to discuss the inner-narrative of the bond market and key indicators seen in the Fed’s “dot plot.” “What you’re seeing now could actually lead to the tightening and financial conditions that we didn’t get earlier when the Fed was raising rates faster, but the market was saying, ‘Well, you’ll cut […]
Despite topping its third-quarter earnings estimates, KB Home (KBH) reported a drop in homes delivered. The homebuilder is raising its full-year outlook in an attempt to push through new home market headwinds. Raymond James Analyst Buck Horne shares why he still has an “Outperform” rating on KB Home amid elevated mortgage rates and affordability concerns affecting U.S. housing starts. “We find KB Home now trading through its tangible book value despite consistent profitability, a fantastic balance sheet, and looks like, you know, consistent growth and stable margins going into 2024,” Horne says. “So, it’s already through its historical cyclical lows at these valuation levels.” For more expert insight and the […]
Americans are still battling with the higher pries caused by inflation. The Federal Reserve’s job is to help curb that inflation, but these levels haven’t been seen in quite some time. Truist Chief Market Strategist Keith Lerner joins Yahoo Finance anchor Rachelle Akuffo to discuss how the central bank still has work to do to accomplish its mission Lerner explains that the Fed has been forced to shift their strategy, saying “this is the first time they’ve [the Federal Reserve] had to deal with inflation for over 20 years, they’re going to be much more gradual in shift in their position, we saw that reflected in the statement from yesterday.” […]
