Archive List for News

Apple unveils second streaming price hike this year

Apple (APPL) is increasing prices for its streaming services, including a $3 price hike for Apple TV+ from $6.99 to $9.99 per month. Apple Arcade and Apple News+ subscriptions are also seeing immediate price increases. This is the second round of price hikes in the past year, following similar increases in October 2022. Yahoo Finance’s Seana Smith and Brad Smith discuss the trend across streaming platforms like Netflix (NFLX), Hulu, and Paramount+ (PARA), which have also raised prices to boost revenues amid rising costs. 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 […]

Investors see Nvidia stock dip as a chance to buy: Itaú BBA

Nvidia (NVDA) stock dropped sharply after the U.S. imposed new restrictions on exporting AI chips to China earlier this month. However, investment bank IBBA is advising clients to buy the dip. In a note to investors, IBBA acknowledged the China headwind but believes the impact is already priced into Nvidia shares. IBBA set a $600 price target, representing a 40% upside from current levels. Yahoo Finance’s Seana Smith and Brad Smith discuss challenges Nvidia has faced and investor outlook on the company remaining a leader in advanced AI chip production. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. […]

BlackRock’s Rieder: Market showing something I’ve never seen

Market uncertainties have emerged from multiple economic headwinds — escalating geopolitical conflicts, chaos in Congress, and expanding labor strikes, among others. Divergences between the stock and bond markets have investors second-guessing where they should focus their attention. BlackRock Global Fixed Income CIO Rick Rieder joins Yahoo Finance to give his insights on how to wade through the complexities of this new territory developing between stocks and bonds, and what the Federal Reserve’s next move may be to quell these emerging developments. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #stockmarket #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction […]

What happened the last time 10-year Treasury yields hit 5%

The 10-year US Treasury yield has climbed above 5% for the first time since 2007, rising over 4 percentage points in just three years. Higher 10-year yields increase borrowing costs across markets, impacting everything from mortgage rates to business and government loans. Yahoo Finance’s Ines Ferre analyzes past instances when yields rose above five percent and explains what it could mean for the economy going forward if yields continue rising at this pace. 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 help you manage your financial life. Yahoo […]

Microsoft ‘in a league of its own’: Analyst

Microsoft’s (MSFT) fiscal first quarter results beat analyst estimatesan d caused the stock to pop. RBC Capital Markets Software Equity Analyst Rishi Jaluria joins Yahoo Finance Live to weigh in on what Microsoft appears to be doing right. Jaluria notes Microsoft’s early adoption of AI as a factor in Microsoft’s separation from the rest—””Microsoft is in a league of its own when it comes to enterprise software, when it comes to tech.”” Jaluria goes on to say that “”the pace of innovation and the rate at which they’ve been able to integrate and infuse AI throughout their entire product suite, I think, is surprising all of us, and that is […]

Is Google losing the AI-cloud battle to Microsoft?

Major tech companies Microsoft (MSFT) and Alphabet (GOOG, GOOGL) have invested heavily in artificial intelligence, which is having different impacts on their cloud businesses. Microsoft — owning a 49% stake in ChatGPT — has been integrating AI capabilities into its Azure cloud platform. This focus helped Azure revenue grow 29% last quarter. In contrast, Google’s cloud business did not see the same AI-driven boost, despite Google being a leader in AI research. Yahoo Finance Tech Editor Dan Howley discusses the growing reliance on AI in tech companies, outlining investor concerns that Google could be falling behind Microsoft in this regard. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo […]

Cruise driverless cars suspended by California DMV

The California DMV is suspending the use of driverless vehicles operated by Cruise, saying the vehicles aren’t safe for public operation. NBC News’ Miguel Almaguer has more details on the serious roadblock for the company, which is owned in part by GM. » 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 […]

UAW strike impact grows as more walk off job

Nearly six weeks into the United Auto Workers strike, another 5,000 union members walked off the job at a GM plant in Texas. A new analysis estimates the strike has cost the industry more than $9.3 billion so far and the impact is being felt by dealerships, customers and workers. NBC News’ Maggie Vespa shares more. » 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 […]

Ex-Trump attorney Jenna Ellis pleads guilty in Georgia election interference case

Former Trump attorney Jenna Ellis pleaded guilty to a felony for helping fuel lies about thousands of dead people casting votes in the 2020 presidential election. She is now the fourth co-defendant to flip in the Georgia election interference case against former President Trump and more than a dozen others. Mr. Trump has pleaded not guilty. NBC News’ Laura Jarrett 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 […]

Snap stock rallies as Q3 earnings revenue beats estimates

Snap (SNAP) reported third quarter results that beat analyst estimates on both the top and bottom lines. The social media company reported earnings of $0.02 compared to estimates of ($0.04) and revenue of $1.19 billion versus the estimate of $1.11 billion. Roth MKM Managing Director Rohit Kulkarni says that Snap has been in “a whole lot of hurt” since Apple changed its privacy rules for apps, but that with recent executive changes “this is almost like a reborn, new company that is on the cusp of a turnaround.” Watch the video above to find out what it would take for Kulkarni to upgrade his rating on the stock. For more […]