Archive List for FX

U.S. stocks are hitting record highs, but China is slumping

The S&P 500 (^GSPC) is hitting new highs thanks to a rally in tech stocks and hopes for a interest rate cut from the Federal Reserve. But the major indexes in China are slumping. Yahoo Finance’s Jared Blikre breaks down the charts. About Yahoo Finance: #youtube #stockmarket #yahoofinance 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/ […]

2024 is year AI ‘starts to hit the mainstream’: Analyst

Market hopes riding on Big Tech’s fourth-quarter earnings results to set the tone for 2024. TECHnalysis Research, LLC President and Chief Analyst Bob O’Donnell breaks down several top tech stocks that will be in focus over the coming weeks, including companies betting big on AI this year. “The bottom line is I think we’ll start to see a few other companies besides Nvidia (NVDA) start to talk about some of that pipeline type of business,” O’Donnell tells Yahoo Finance. “And, again, it’s going to be broad-based because the thing about AI is… you’ve got the chips that drive it, you’ve got the software and services that enable it, and there’s […]

Bitcoin halving explained: What investors should know

#bitcoin #crypto #youtube 00:00:05 Bitcoin halving The price of Bitcoin (BTC-USD) has no shortage of catalysts – from the debate around regulation, to whether it’s a security or a commodity – and whether or not it really is digital gold. 00:00:13 Halving date But one event is undeniable in its impact on the world’s premier digital asset – the halving. Once every four years the reward for mining the biggest crypto currency is cut in half. This happens in order to reduce the amount of coins in circulation. 00:00:33: How is it calculated? It happens very specifically every time 210,000 blocks are mined. We can calculate the date fairly precisely […]

Red Sea tensions delay oil shipments from Saudi Arabia, Iraq

Crude oil shipments (CL=F, BZ=F) from Saudi Arabia and Iraq — totaling 9 million barrels — face delays stemming from shipping diversions amid escalating Red Sea conflicts, according to a Bloomberg report. Yahoo Finance Senior Reporter Ines Ferré monitors oil futures prices as tensions from Yemen Houthi rebel forces deter movement through international trade routes. #youtube #REDSEA #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 at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – […]

Billionaire David Rubenstein discusses the 2024 election and the stock market #shorts

Carlyle Group’s Co-founder David Rubenstein discusses the potential impact of the upcoming election on the stock market. Rubenstein joined Yahoo Finance’s Julie Hyman and Brian Sozzi at the World Economic Forum in Davos on January 17, 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 […]

Oil demand growth projected to slow down nearly 50% in 2024: IEA

In a stark contrast from OPEC’s forecast for 2024, the International Energy Agency has projected oil demand growth (CL=F, BZ=F) to ease to 1.2 million barrels per day in 2024, which is nearly a 50% reduction from the 2.3 million barrels per day in 2023. The IEA cites economic headwinds, geopolitical conflicts, and potential reduction in demand due to EVs. Yahoo Finance Reporter Ines Ferré joins the Live show to break down the latest development in the energy sector. #youtube #OIL #yahoofinance 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 […]

Grayscale CEO says American voters want more crypto regulation

While the crypto world is abuzz with excitement after the Securities and Exchange Commission (SEC) approved trading of spot bitcoin ETFs, traditional investors are still awaiting further regulatory precautions before going in on crypto assets, according to a Harris Poll on Grayscale’s behalf. Grayscale CEO Michael Sonnenshein — whose company runs its own bitcoin trust ETF (GBTC) — sits down with Yahoo Finance’s Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland to discuss these poll results surveying American voters and whether crypto is on voters’ minds when casting their in the 2024 US presidential election. “When it comes to new technologies like crypto, like bitcoin, […]

Google CEO warns employees of imminent 2024 job cuts

In a memo, Alphabet (GOOG, GOOGL) CEO Sundar Pichai warned employees of additional job cuts to come in 2024, after laying off over 100 workers at YouTube. Not entirely exclusive to Big Tech, companies like Amazon (AMZN) and BlackRock (BLK) have also expanded plans for layoffs. Yahoo Finance Live anchors Seana Smith and Brad Smith explore the Google parent company’s outlook. 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 […]

CFPB aims to stop banks ‘abuse’ of overdraft fees: CFPB Director

The Consumer Financial Protection Bureau is trying to clamp down on overdraft fees issued by the nation’s largest banks. CFPB Director Rohit Chopra joined Yahoo Finance’s Jennifer Schonberger to discuss the proposed overdraft fee changes, noting they aim to empower consumers to “manage their overdraft loans more effectively,” though the proposals do not eliminate them entirely. Chopra says banks have displayed “a lot of abuse” around overdraft fees, fueling a “billion dollar bonanza.” He argues these new rules look to “close a longstanding loophole” and force fairer, upfront terms for customers. While banks “will always look to find profits everywhere they can,” Chopra calls the CFPB proposal “quite reasonable.” Chopra […]

Apple & Microsoft: The future of AI in enterprise and consumer tech

Investors paid careful attention to Apple (AAPL) and Microsoft (MSFT) at CES 2024 (Consumer Electronics Show) as, for a brief moment, Microsoft took over as the most valuable company for the first time since 2021. Microsoft has made a lot of ground for investment and development of AI, from purchasing OpenAI to the buzz around ChatGPT, while Apple has been grappling with weaker iPhone demand, especially in China. Constellation Research Founder and Principal Analyst R “Ray” Wang joins Yahoo Finance to give insight into Apple’s AI strategy and share some of the latest tech innovations seen at CES. “What we’ve seen over the last couple of quarters is declining revenues […]