Archive List for Money

Stocks and the Fed: Avoid interest sensitive areas of the market: Analyst

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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.” […]

Apple Watch series 9 launches with new ‘double tap’ feature: Yahoo Finance breaks down how it works

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Apple (AAPL) is set to launch the Series 9 on Friday, with prices starting at $399. The Series 9 introduces new enhancements, including a ‘double tap’ feature that enables users to control specific watch functions by simply tapping their fingers twice. Yahoo Finance’s Dan Howley delves into the details of the Apple Watch’s latest technological advancements, spanning from phone location capabilities to the cutting-edge S9 chip. 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 […]

Want a three percent mortgage rate? Assumable loans may be something to consider: Roam CEO

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Roam CEO Raunaq Singh suggests buyers and sellers take a look at assumable loans. Assumable loans, according to Singh, are loans in which the buyers “take over the interest rate that the seller currently has.” In other words, the rates that the seller paid are the same rates the new buyer will pay. This, according to Singh allow for more affordability and increases opportunities for sellers. Roam takes 1% of purchase price from each sale made through their site. #RoamCEO #youtube #yahoofinance 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 […]

Disney boosts park investments, is in a ‘period of transition’: Analyst

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Disney (DIS) is investing big in its park business. The entertainment giant announced it will invest $60 billion into its parks and cruise business over the next 10 years. Third Bridge Group Sector Analyst Jamie Lumley says the company is in a “period of transition” as it tackles an unprofitable streaming business, a linear business that’s under pressure, and concerns about the impact of price hikes at the parks. Lumley argues that given the uncertainty surrounding the streaming and linear businesses, Disney is choosing to “bolster” a business that tends to be more reliably profitable. For more expert insight and the latest market action, click here to watch this full […]

Stitch Fix reports Q4 net loss while winding down UK operations

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Shares of Stitch Fix (SFIX) drop this morning after reporting a fourth-quarter net loss of $28 million. Yahoo Finance Live examines the path forward for the online styling service under new CEO Matt Baer’s leadership and the decision to shutter the business’ U.K. operations. #stichfix #youtube #yahoofinance 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 life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment […]

Why oil could rise above $100 a barrel

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Oil prices (CL=F) are trading near a 10-month high after stronger-than-expected data out of China. The recent rise in oil prices has some concerned that it may cause inflation to increase, and, as a result, force the Federal Reserve to raise rates. Commerce Street Capital CEO and President Dory Wiley says investors “almost have to be bullish” on oil prices for the next few years due to long-term supply issues. “What’s kept oil prices down has been the expectation of a recession that hasn’t shown up,” Wiley says. Wiley explains that he thinks “the market’s kind of had it wrong and that its overestimated a demand problem that really hasn’t […]

Lululemon CEO teases new men’s shoes

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Lululemon (LULU) CEO Calvin McDonald unveiled the designer athleisure brand’s new line of men’s shoes at the Goldman Sachs Retail Conference. Yahoo Finance’s Josh Schafer, Alexandra Canal, and Pras Subramanian talk about Lululemon’s status among retail consumers and if the brand’s impact is strong enough to fully pivot into the shoe space. #youtube #yahoofinance #stockmarket 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 life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]

Spotify denies 30-second song royalty hack

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Spotify (SPOT) is rejecting a report that claims that artists can get rich from royalties by posting a 30-second song and replaying the song for 24 hours. Spotify CEO Daniel Ek denied the report, writing on X “that’s not quite how our royalty system works.” Yahoo Finance Senior Reporter Alexandra Canal discusses Spotify’s royalty structure and the challenges AI poses for the entertainment industry. #Spotify #youtube #music 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 life. Yahoo Finance Plus: With a subscription to […]

Delta changes SkyMiles program, trims lounge access for Amex cardholders

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Delta Air Lines (DAL) is changing its Sky Club lounge access rules and how customers can qualify for elite status levels. The company announced that premium American Express (AXP) cardholders no longer have unlimited access to the Delta Sky Club lounge. Customers with Delta SkyMiles Reserve American Express credit cards are only allowed ten visits to the lounge per year, while Delta SkyMiles Platinum American Express cardholders are only allowed six visits per year. Yahoo Finance’s Pras Subramanian, Josh Schafer, and Alexandra Canal discuss how Delta’s new changes may impact customer loyalty. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, […]

Adobe Q3 earnings beats on top and bottom lines, sales guidance in line with estimates

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Adobe’s (ADBE) fiscal third quarter results topped Wall Street estimates on both the top and bottom lines. The software company reported adjust earnings of $4.09 compared to estimates of $3.98. The company also reported record revenue of $4.89 billion versus expectations of $4.87 billion. Its earnings forecast for the fourth quarter was also better than expected, while the revenue outlook was in line with analyst expectations. Yahoo Finance Live anchors Akiko Fujita and Seana Smith break down Adobe’s latest quarterly results. #Adobe #youtube #yahoofinance 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 […]