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Starbucks (SBUX) saw its worst post-earnings performance since 2000 last week after its second quarter earnings fell short of Wall Street’s estimates. Following the disappointing results, former CEO Howard Schultz wrote on LinkedIn, “The company’s fix needs to begin at home,” pointing to US operations as “the primary reason for the company’s fall from grace.” Yahoo Finance Senior Reporter Brooke DiPalma breaks down how both Schultz and the Street are losing confidence in the beverage giant. All eyes are on Starbucks’ pricing strategy as sales struggle. CFO Rachel Ruggeri told Yahoo Finance that the company has no plans to lower its prices despite analysts’ skepticism that Starbucks will be able […]

The US Bureau of Labor Statistics’ jobs report revealed that the US economy added 175,000 jobs in April, below expectations of 240,000, with annual wage growth also below expectations at 3.9%. Although numbers came in below expectations, some sectors fared better than others when adding jobs and increasing wages. Glassdoor Chief Economist Aaron Terrazas joins The Morning Brief to give insight into the April jobs report and how it paints a picture of the current job market landscape. Terrazas elaborates on the type of companies that are hiring and where wages stand: “They’re two very different groups of companies right now. Companies that hire kind of workers with graduate degrees, […]

According to a February 2023 Future Forum global survey, 42% of workers feel burned out. Employers are increasingly seeking opportunities to prioritize their employees’ work-life balance. 4 Day Week Global Research Director Alex Pang joins Wealth! to discuss whether a four-day workweek could be the solution. Pang explains that a reduced workweek benefits both the employer and the employee, as productivity and retention rise while overall burnout decreases. “What we’re finding is there are ways of using technology better, of making improvements in things like meetings…that allow you to create time that you can give back to people while also making work time itself more productive and effective,” he tells […]

Apple (AAPL) shares are down over 10% this year as the company has been hit with many challenges, including litigation and growing competition in China. Wall Street is closely eying the tech giant’s upcoming earnings report for signs of life. Yahoo Finance Anchor Josh Lipton joins Wealth! to break down what investors can expect from Apple’s upcoming earnings, from iPhone sales estimates to AI investment figures. #youtube #news #APPLE 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 […]

Tesla Inc. (TSLA) shares are trading higher on Monday, boosted by the news surrounding CEO Elon Musk’s unannounced trip to China on Sunday. According to a Bloomberg report, Beijing has tentatively approved the launch of Tesla’s “Full Self-Driving” or FSD vehicle software in the Chinese market. Yahoo Finance’s Akiko Fujita breaks down the details, providing insight into what China’s backing could mean for the automaker’s revenue prospects. #youtube #Tesla #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 – […]

Defense stocks have come under pressure as US lawmakers put spending under the microscope. The Gabelli Commercial Aerospace and Defense ETF Portfolio Manager Tony Bancroft and Baird Senior Analyst Peter Arment join Market Domination to discuss how to play the aerospace and defense sectors now. Bancroft says that “US defense spending is below historic averages,” but President Biden’s latest budget request has a notable increase in defense spending. Arment notes the US is trying to “recapitalize our entire military… that takes well over a decade to do.” He says that part of that focus is new technology, meaning there are “a lot of opportunities for new companies to be brought […]

With over 38,000 locations in more than 100 countries, McDonald’s (MCD) is a global icon in the fast food industry. In 2023, McDonald’s generated over $25 billion dollars in revenue, up nearly 10% compared to the year before. #youtube #food #news Let’s dive into the company’s biggest moments with Beyond the Ticker. 1940 The McDonald’s brothers, Dick and Maurice, opened the first McDonald’s restaurant on May 15, 1940, in San Bernardino, California. 1954-1955 Ray Kroc purchased the rights to franchise McDonald’s and opened the first franchised restaurant in Des Plaines, Illinois. 1955-1965 Kroc bought the brothers out, then developed its current model of owning the real estate that McDonald’s franchise […]

Wall Street gears up for a number of big tech earnings this week as many of the tech giants hold much of the value of the S&P 500 (^GSPC). As earnings from the Magnificent Seven roll out, investors may be looking for opportunities to enter the market. Simplify Asset Management Chief Strategist Michael Green and Wealth Enhancement Group Senior Vice President and Financial Advisor Nicole Webb join Market Domination to discuss investment opportunities during this big week of tech earnings and beyond. Webb gives her overview of earnings so far: “To us, it’s just all of this playing out of where does the earnings growth for the rest of the […]

According to data from Freddie Mac, 30-year mortgage rates have once again risen above 7%. As home prices continue to rise and inventory remains low, the potential for new homebuyers to afford a home dwindles. Kinloch Partners Co-Founder and CEO Bruce McNeilage joins Yahoo Finance to break down what higher mortgage rates mean for homebuyers and the overall demand for homes. McNeilage affirms his stance on why mortgage rates will increase: “I’m calling 8%. There is not enough supply out there. Supply and demand is working. The value and price of homes is just simply not going down. If anybody is waiting to get a house and can get a […]

Tesla (TSLA) was once soaring high — a member of the Magnificent Seven group of tech or tech-adjacent stocks that led rallies in the S&P 500 (^GSPC) to one of its all-time highs — but has since fallen from grace in the 2024 trading calendar. The company has faced a litany of challenges, from disappointing production figures to leadership concerns around CEO Elon Musk. Yahoo Finance Anchor Madison Mills breaks down a timeline of the challenges that Tesla has faced in recent months to give context to its slide from the top. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, […]