Archive List for Currencies

China asks telecom companies to phase out foreign-made chips: Report

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 […]

Google announces its new Arm-based ‘Axion’ chip

Google (GOOG, GOOGL) has announced the development of a new custom-built server chip based on Arm Holdings (ARM) technology. The CPU dubbed “Axion” is a chip that the tech giant has designed in-house. 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 #google #alphabet #yahoofinance

How to navigate inheritance conversations

According to an Edward Jones report, 48% of Americans plan to leave an inheritance, but over a third intend to refrain from discussing what they’re leaving behind. Edward Jones Head of Wealth Management Advice and Solutions Lena Haas joins Yahoo Finance Wealth! to discuss the stigma surrounding the Great Wealth Transfer. Haas notes that around $85 trillion will be passed down between now and 2045. She acknowledges that wealth conversations are “an inherently emotional topic” due to negative associations, such as the potential impact on family relationships and the topic of death. Haas emphasizes that it is “critical” to change the narrative surrounding these conversations. When planning for wealth transfer, […]

How to think about investing during an election year

RBC Wealth Management vice president and financial advisor Nora Yousif joins Wealth! to break down the top tips for investors to boost their portfolios during the political volatility of an election year. Yousif explains that election years follow a consistent pattern and are often positive for the market, despite turbulence: “Always keep a long-term approach when it comes to the market…We have a lot of change going on: we’ve got the election, wars, interest rate changes. But know that even with wars, from the humanitarian aspect of things, of course, that has a devastating effect from that standpoint. When it comes to the markets, again, it’s a short-term effect. So […]

Spiked cocoa prices: Master chocolatier explains the cause #shorts

Cocoa prices (CC=F) are being deeply affected by climate change and the complexities cultivators face. Master chocolatier and Jacques Torres Chocolate Founder and CEO Jacques Torres joined Yahoo Finance Live to discuss what chocolatiers are considering on April 1, 2024. 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 #yahoofinance #finance #news […]

Jobs report explained #shorts

The jobs report includes data on job creation, the unemployment rate, and wage growth. The report is released on the first Friday of every month by the Bureau of Labor Statistics to paint a picture of just how well the overall United States economy is doing. Ross Mac of Maconomics joined Yahoo Finance to break it all down. The segment is from April 3, 2024. 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 […]

Fiscally responsible sports betting is possible: Here’s how #shorts

Sports betting for the 2024 March Madness, the NCAA college basketball tournament, is expected to reach $2.72 billion, according to the American Gaming Association. That is double the amount of Super Bowl bets this year. Maconomic CEO Ross Mac joined Yahoo Finance on April 4, 2024, to discuss how to bet responsibly. 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: […]

HSA accounts: Advantages and tax benefits

A Health Savings Account (HSA) may be a beneficial move for Americans to consider for future medical expenses. Business Insider’s Senior Personal Finance Reporter and Spokesperson Jennifer Streaks joins Yahoo Finance’s Wealth! to discuss the benefits of an HSA plan. Streaks explains that the HSA is offered through an employer, and individuals can sign up for it similar to a 401(k). She suggests thinking of the HSA as “a bank account for your health,” noting that it is intended for medical expenses not covered by insurance plans. She recommends investing in an HSA “as soon as you can.” The tax benefits include reducing taxable income, tax-free growth within the account, […]

Meta stock at all-time highs, analyst raises price target

Shares of Meta Platforms (META) touched a record high on Tuesday. Jefferies analyst Brent Thill raised his price target on the stock to $585 from $550. Thill writes that he thinks “Meta’s market share gains will further accelerate in 2024” and that “in 2024 Meta’s ad business could outgrow Amazon’s for the first time since 2015.” In the video above, Yahoo Finance’s Josh Lipton and Julie Hyman discuss the call. #stockmarket #Meta #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 […]

Walgreens should scale back clinics to improve outlook, Jefferies analyst says

#walgreens #jefferies #yahoofinance #healthcare #clinics Walgreens Boots Alliance (WBA) posted its second report, revealing a quarterly revenue that beat expectations but a narrow outlook for 2024, citing difficult conditions within the retail environment. Jefferies Healthcare Services Equity Researcher Brian Tanquilut joins Yahoo Finance to discuss Walgreens’ performance for the quarter and how it can mount a turnaround. Tanquilut lays out one of the big problems with Walgreens and their strategy to implement VillageMD clinics in stores: “The problem with the clinics is that they lose between $1 to $3 million a year on the front end in the first few years. And so, if you just run that math, it […]