Archive List for News

Apple may have to pay $14 billion tax bill to Ireland

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yahoo finance

Apple (AAPL) may have to pay $14 billion dollars in back taxes to the country of Ireland after advisors to the European Union’s highest court claims the court should re-evaluate a 2020 decision to squash the money owed, claiming legal mistakes made by the court as grounds for the re-evaluation. Yahoo Finance Tech Editor Dan Howley joins the Live show to break down this development and the background for the massive tax bill. 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 […]

Gold: Morgan Stanley says it is a good time to buy, here’s a breakdown of the price moves

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yahoo finance

Gold (GC=F) is under pressure after nearly reaching the $2,000 mark. A big buyer of gold has been central banks and it is possible that, in 2023, those purchases could exceed those from last year. Yahoo Finance’s Jared Blikre deep dives into recent history of purchasing trends of central banks and the possible impact of the Mideast conflict on the market.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 interaction and mortgage rates that […]

Grand Theft Auto 6 news pushes Take-Two stock higher

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yahoo finance

Take-Two Interactive (TTWO) stock extends its gains surrounding its new announcement on the long-awaited Grand Theft Auto VI while also reporting fiscal second-quarter earnings. Michael Pachter, Wedbush Securities Managing Director of Equity Research, explains how the stock continues to react to the slightest detail on the next Grand Theft Auto installment and whether it is all hype or not at the moment. “The biggest problem investors have with Take-Two is lack of visibility,” Pachter tells Yahoo Finance on the developer’s history of teasing this title. “The stock is not trading on yesterday’s print or the hype around upcoming titles. It’s solely up on GTA, it’s going to have a trailer […]

Nvidia planning to release 3 new chips for China

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yahoo finance

Nvidia (NVDA) shares climbed after reports that the chipmaker plans to release three new AI chips specifically for China. This follows Nvidia announcing last month that new export restrictions may prevent it from selling its top AI chips in China. Nvidia currently dominates China’s AI chip market with over a 90% share. These alternative AI processors aim to comply with regulations. Yahoo Finance’s Tech Editor Dan Howley discusses the new China-exclusive chips Nvidia is reportedly creating to bypass trade limits on its AI semiconductors, providing insights on other tech firms affected by heightened export controls to China. For more expert insight and the latest market action, click here to watch […]

Stock market outlook: Interest rates, risk, and opportunities

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yahoo finance

At the Yahoo Finance Invest conference, DoubleLine’s Jeffrey Gundlach said that the Magnificent Seven would be “the worst performers in the upcoming recession.” But eToro U.S Investment Analyst Callie Cox says they are “leaning in” to those stocks due to their durability and ability to perform during a recession. Cox notes investors recession fears have been in the market for so long, that investors have had time to prepare for a potential downturn. 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 #youtube #stockmarket #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free […]

Bitcoin climbs to 18-month high on renewed ETF hopes

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yahoo finance

Bitcoin (BTC-USD) surged past $37,000 early Thursday, its highest level in 18 months. The cryptocurrency’s gains come amid speculation that the SEC may finally approve a spot bitcoin ETF. Yahoo Finance Senior Reporter Jared Blikre analyzes the factors behind bitcoin’s rise, observing patterns in other cryptocurrencies as the digital asset market aims to stage a recovery from recent crashes. 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 #youtube #crypto #bitcoin 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 earnings: What CEO Bob Iger is prioritizing

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yahoo finance

Disney (DIS) published mixed fiscal fourth-quarter earnings on Wednesday, with revenue narrowly missing estimates under CEO Bob Iger’s new reporting structure for the media company’s segments. Iger is juggling a litany of tasks, from hiring a new CFO this week to staving off a proxy fight with activist investor Nelson Peltz, and managing a $7.5 billion cost-saving strategy. Yahoo Finance Entertainment Reporter Alexandra Canal details what Iger is prioritizing, as stated in Disney’s earnings call, and how the Hollywood actors’ strike weighed on Disney and other studios. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo […]

FDA approves new weight loss drug Zepbound

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CNBC

The FDA approved a new drug for obesity, Zepbound, made by Eli Lilly, which is potentially more effective at losing weight than any other drug on the market. The medication is already being sold as diabetes drug Mounjaro. NBC News’ Stephanie Gosk has more details. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video […]

Massive chemical plant explosion shakes town of Shepherd, Texas

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CNBC

A chemical plant explosion shook the small town of Shepherd, Texas. Authorities issued an immediate five mile shelter in place, evacuating a local school and shutting down a state highway. NBC News’ Morgan Chesky has the latest. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite […]

Violence in West Bank at record levels as Israel-Hamas war rages on

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CNBC

While the world’s eyes are on Gaza amid the Israel-Hamas war, violence is also at record levels in the occupied West Bank. More than 150 Palestinians have been killed since the Hamas terror attack, most in confrontations with Israeli troops. NBC News’ Raf Sanchez reports. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video […]