Archive List for Market

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, […]

@Apple lays off 600 workers in California #shorts

Apple (AAPL) is officially facing its first major wave of layoffs, cutting over 600 workers in California. Yahoo Finance’s Madison Mills discussed the report on April 5, 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 #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #apple #appleiphone #timcook #tech […]

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 […]

Bitcoin and gold are near all-time highs: What’s next?

#gold #bitcoin #wallstreet #yahoofinance #crypto Gold prices (GC=F) trend higher, now hovering above $2,200 as Wall Street analysts expect the metal to climb even higher. Furthermore, bitcoin (BTC-USD) sits just below $71,000 in the cryptocurrency’s 2024 recovery. Yahoo Finance Senior Markets Reporter Jared Blikre explains the price action surrounding the two assets. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor’s note: This article was written by Luke Carberry Mogan. Yahoo Finance: Market Coverage, Stocks, & Business News About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and […]

Fisker stock enters NYSE delisting as company faces set for potential default

#nyse #fisker #stockmarket #yahoofinance New York Stock Exchange began processing Fisker’s (FSR) delisting, triggering a requirement to repurchase 2026 notes that became immediately due. The EV maker has warned investors of a possible default on this requirement, which would also cause the company to default on the 2025 notes. Yahoo Finance Reporter Pras Subramanian joins the Live show to discuss Fisker’s decline and what to expect for the company. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Nicholas Jacobino Yahoo Finance: Market Coverage, Stocks, & Business News About Yahoo Finance: Yahoo […]

EV-makers in trouble? Mizuho downgrades Tesla, Nio on slow demand

Mizuho has downgraded its ratings for Tesla (TSLA), Rivian (RIVN), and Nio (NIO) from Buy to Neutral, citing slowing demand for electric vehicles, particularly in China. The investment bank also mentioned high inventory levels as potential headwinds. Yahoo Finance’s Akiko Fujita and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 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 […]

5G monetization: ‘Customers don’t want 5G, and they don’t want to pay more,’ analyst says

Wireless companies have made significant investments in 5G wireless networks, but investors are not seeing a return on these investments as expected. Senior Equity Analyst at CFRA Research Keith Snyder discusses why 5G did not have the impact wireless companies had hoped for. Snyder notes that these days providing connectivity alone is not enough: in the past, 4G connectivity was a significant selling point, but with more competitors entering the market, it has now become “a services game” for wireless companies. Snyder emphasizes that companies will have to show customers “what they can offer” alongside redefining their business models because “people didn’t care about 5G” in itself. Snyder points out […]

Portfolio manager breaks down how to play the broadening market rally

The S&P 500 (^GSPC) has notched its twentieth-record close of the year. While the rally has largely been led by tech players, financials and industrials have also driven the surge. GLOBALT Investments Senior Portfolio Manager Keith Buchanan joins the Live show to discuss whether the market’s movement to the upside can be sustained. Buchanan affirms that economic growth has spread beyond the AI generation, noting that names such as Waste Management (WM) and Walmart (WMT) have shown positivity in the marketplace. Recommending that investors look beyond the “Mag 7,” Buchanan notes that financials, in particular, have shown an appetite for potential steepening of the yield curve as the economy approaches […]

Rate cut date remains ‘uncertain’: Former Federal Reserve Bank of Kansas City President Ester George

US Equities (^GSPC, ^DJI, ^IXIC) are trading higher on Thursday as the market reacts to the Federal Reserve’s updated Summary of Economic Projections. The data showed nine members believe three rate cuts will occur by the year’s end. Chair Jerome Powell also claimed the Fed is seeking to slow the shrinking of its $7.5 trillion balance sheet. Former Federal Reserve Bank of Kansas City CEO and President Esther George joins Yahoo Finance to discuss the economic backdrop for the Fed and give insight into how the Fed may shape its policy decisions moving forward. In terms of what the Fed will be looking for moving forward, George states: “We have […]