The Biden administration revoked export licenses from Intel (INTC) and Qualcomm (QCOM) for the supply of chips to Chinese tech company Huawei, according to a report from the Financial Times. Market Domination Anchors Jared Blikre and Josh Lipton break down the latest developments for these chip companies and what it means for their stocks moving forward.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 […]
In April, President Biden signed legislation that compels ByteDance, the parent company of social media platform TikTok, to either divest from the popular app or face the possibility of a nationwide ban in the US. However, TikTok is not backing down without a fight, as the company has brought its own lawsuit against the US government, arguing that the potential ban on the platform violates First Amendment free speech rights. Yahoo Finance Legal Reporter Alexis Keenan breaks down the details of the lawsuit and whether it falls under free speech protections. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced […]
Tesla (TSLA) CEO Elon Musk spoke at the 27th Annual Milken Conference about a wide range of topics, except the company’s recent layoffs and robotaxi plans. Yahoo Finance Reporter Yasmin Khorram joins The Morning Brief from the Annual Milken Global Institute Conference to break down the top takeaways from Musk’s comments. #youtube #ElonMusk #ai 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 […]
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, […]
Good debt adds to your net worth, while bad debt will take away, according to Maconomics CEO Ross Mac, who joined Yahoo Finance Live on April 9, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #debt #personalfinance #credit #creditcard #debtproblems #debtfree #stock
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 […]
