In a stark contrast from OPEC’s forecast for 2024, the International Energy Agency has projected oil demand growth (CL=F, BZ=F) to ease to 1.2 million barrels per day in 2024, which is nearly a 50% reduction from the 2.3 million barrels per day in 2023. The IEA cites economic headwinds, geopolitical conflicts, and potential reduction in demand due to EVs. Yahoo Finance Reporter Ines Ferré joins the Live show to break down the latest development in the energy sector. #youtube #OIL #yahoofinance 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 […]
Tesla (TSLA) cuts Model Y prices in Germany after previously cutting prices in China, sparking speculation about what’s next in the EV global market. Yahoo Finance’s Seana Smith and Brad Smith break down the news on January 17, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #tesla #teslanews #teslastock #teslamodely #pricecut #elonmusk #teslamodels #outlook
While the crypto world is abuzz with excitement after the Securities and Exchange Commission (SEC) approved trading of spot bitcoin ETFs, traditional investors are still awaiting further regulatory precautions before going in on crypto assets, according to a Harris Poll on Grayscale’s behalf. Grayscale CEO Michael Sonnenshein — whose company runs its own bitcoin trust ETF (GBTC) — sits down with Yahoo Finance’s Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland to discuss these poll results surveying American voters and whether crypto is on voters’ minds when casting their in the 2024 US presidential election. “When it comes to new technologies like crypto, like bitcoin, […]
In a memo, Alphabet (GOOG, GOOGL) CEO Sundar Pichai warned employees of additional job cuts to come in 2024, after laying off over 100 workers at YouTube. Not entirely exclusive to Big Tech, companies like Amazon (AMZN) and BlackRock (BLK) have also expanded plans for layoffs. Yahoo Finance Live anchors Seana Smith and Brad Smith explore the Google parent company’s outlook. 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 […]
Tesla CEO Elon Musk (TSLA) posted on X saying he’s ‘uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control.’ Musk currently owns 13% of Tesla. Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO discusses the latest outlook on Elon Musk and his role as CEO. Gerber joined Yahoo Finance Live on January 16, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #elonmusk #tesla #teslastock #teslanews #artificialintelligence #ai #tech #technology #ev #evs
Meta Head of Global Business Group Nicola Mendelsohn discusses election advertising on how Meta thinks about its global election strategy. Mendelsohn remarks that Meta isn’t sitting and waiting around for American elections to form policy; rather, it has an ongoing role in global election advertising. Mendelsohn joined Yahoo Finance’s Brian Sozzi and Julie Hyman on January 16, 2024, at the World Economic Forum in Davos, Switzerland. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #meta #metaverse #metanews #election #election2024 #executive #outlook #worldeconomicforum #2024
The Consumer Financial Protection Bureau is trying to clamp down on overdraft fees issued by the nation’s largest banks. CFPB Director Rohit Chopra joined Yahoo Finance’s Jennifer Schonberger to discuss the proposed overdraft fee changes, noting they aim to empower consumers to “manage their overdraft loans more effectively,” though the proposals do not eliminate them entirely. Chopra says banks have displayed “a lot of abuse” around overdraft fees, fueling a “billion dollar bonanza.” He argues these new rules look to “close a longstanding loophole” and force fairer, upfront terms for customers. While banks “will always look to find profits everywhere they can,” Chopra calls the CFPB proposal “quite reasonable.” Chopra […]
Salesforce CEO Marc Benioff discusses the future of AI and its impact upon the social media landscape. Benioff believes that the governance around AI will determine its future success and recalls how the governance around social media impacted consumers. Benioff joined Yahoo Finance’s Brian Sozzi on January 17, 2024 at the World Economic Forum in Davos, Switzerland. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #salesforce #ceo #ai #artificialintelligence #tech #technology #worldeconomicforum
Former Microsoft (MSFT) President and CEO Bill Gates discusses AI, from productivity to regulation and misinformation. Gates joined Yahoo Finance’s Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland on January 16, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #billgates #ai #artificialintelligence #tech #technology #worldeconomicforum #2024
Bank of America (BAC) CEO Brian Moynihan discussed what a soft landing means in today’s economy. Moynihan joined Yahoo Finance Live at the World Economic Forum in Davos on January 16, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #worldeconomicforum #davos #2024 #bankofamerica #ceo #us #economy #outlook
