Stocks across the board took a hit after the Fed’s decision to keep interest rates steady, with the potential for future rate hikes down the line. Data from Bank of America shows investors had their largest exit from equities since last December. Yahoo Finance Senior Reporter Josh Schafer joins the Live show to break down the comments made by Fundstrat’s head of research Tom Lee and why the economy may actually flourish. 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 #yahoofinance #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock […]
Microsoft’s (MSFT) acquisition of Activision-Blizzard (ATVI) may get the green light from UK antitrust regulators. The deal was blocked in April over concerns that Microsoft would have too much control of the cloud gaming market. Yahoo Finance Tech Reporter Dan Howley joins Brad Smith and Seana Smith to break down the step forward. 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 #Activision #Microsoft 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 […]
Saudi Arabia extended its oil production cut in August and Russia placed an export ban for diesel and gas. How will this impact future gas prices? Yahoo Finance Reporter Ines Ferre discusses how these headwinds may impact gas prices, as well as the possibility of oil reaching $100 a barrel. 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 #oil #gas #youtube 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 […]
Pershing Square Capital CEO, Bill Ackman, posted on X.com (formerly Twitter) commenting on The Federal Reserve’s decision to keep rates steady. Ackman stated that he feels that while the Fed is committed to the 2% inflation goal, it remains unlikely that they will reach that goal in the near future. Fed Chair Powell has warned rates will likely stay higher for longer. Yahoo Finance’s Seana Smith and Brad Smith discuss Ackman’s comments and how the current economic landscape, including ongoing worker’s strikes, will keep most likely inflation up. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to […]
The Fed motioned to pause interest rates in September with the possibility of one last hike to come in 2023. But after tightening for so long, could markets finally be giving regulators the go-ahead to do what needs to be done? The Wall Street Journal Chief Economics Correspondent Nick Timiraos joins Yahoo Finance Live anchors Josh Lipton and Akiko Fujita to discuss the inner-narrative of the bond market and key indicators seen in the Fed’s “dot plot.” “What you’re seeing now could actually lead to the tightening and financial conditions that we didn’t get earlier when the Fed was raising rates faster, but the market was saying, ‘Well, you’ll cut […]
Despite topping its third-quarter earnings estimates, KB Home (KBH) reported a drop in homes delivered. The homebuilder is raising its full-year outlook in an attempt to push through new home market headwinds. Raymond James Analyst Buck Horne shares why he still has an “Outperform” rating on KB Home amid elevated mortgage rates and affordability concerns affecting U.S. housing starts. “We find KB Home now trading through its tangible book value despite consistent profitability, a fantastic balance sheet, and looks like, you know, consistent growth and stable margins going into 2024,” Horne says. “So, it’s already through its historical cyclical lows at these valuation levels.” For more expert insight and the […]
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 (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 […]
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 (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 […]
