Archive List for Market

Microsoft, Paramount latest companies to announce layoffs

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yahoo finance

Microsoft (MSFT) and Paramount (PARA) are the latest companies announcing 2024 layoffs in memos to employees. Yahoo Finance’s Josh Lipton and Julie Hyman talk about the balance in the job market as more corporations seek to implement job cuts. #youtube #Microsoft #Paramount 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

Rate cuts and cooling inflation: What PCE data means for the Fed’s next move

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yahoo finance

#youtube #stockmarket #finance Treasury Yields (^TNX, ^TYX, ^FVX) are pushing higher after the Personal Consumption Expenditures (PCE) Index for December 2023 showed inflation continuing to cool. Considered one of the Federal Reserve’s preferred inflation gauges, the reading fell below 3% for the first time since March of 2021. Yahoo Finance Fed Reporter Jennifer Schonberger joins the Live show to discuss the recent PCE data and what that potentially means for the Fed’s next interest rate policy decision. 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 […]

Salesforce is the latest tech company to announce layoffs

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yahoo finance

Salesforce (CRM) is planning further workforce reductions, according to a Wall Street Journal report. The company intends to cut an additional 700 jobs, coming about one year after the company laid off 10% of its staff. This latest round of layoffs represents a continuation of Salesforce’s cost-cutting efforts. Yahoo Finance’s Seana Smith and Brad Smith break down the details, providing insights into the growing trend of layoffs in the tech sector. #youtube #AI #tech 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 […]

Trump and Haley battle it out in New Hampshire, here’s why it matters on the road to the White House

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yahoo finance

The New Hampshire Republican primary has taken on high stakes, with former President Donald Trump and former South Carolina Governor Nikki Haley competing for a win that could decisively shift the trajectory of the race for the GOP nomination. Historically, the New Hampshire winner has gone on to capture the Republican selection in the last four presidential cycles. Currently, polls show Trump retaining a lead in the state with around 50% support. Haley trails the former president by 11 points. Yahoo Finance’s Rachelle Akuffo and Akiko Fujita break down the details. #trump #haley #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive […]

Why the tech sector has suffered massive layoffs

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yahoo finance

Tencent’s Riot Games (TCEHY, 0700.HK) announced it will lay off 11% of its staff, about 530 employees. The company joins a list of tech companies that have announced layoffs, bringing the total number to just short of 11,000 in 2024, according to Layoffs.fyi. Layoffs.fyi Creator Roger Lee joins Yahoo Finance to give insight into the recent round of layoffs in the tech sector and what it could mean for the broader labor market. “A lot of the recent layoffs are still about tech companies trying to overcorrect for their overhiring during the pandemic,” Lee says. “Given that the high interest rate environment and the tech downturn have both lasted longer […]

China considers $278B rescue package to stabilize markets

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yahoo finance

According to a Bloomberg report, China may enact a rescue package worth 2 trillion Chinese yuan — equivalent to upwards of $278 billion — to stabilize markets after massive losses tied to the pandemic. The stimulus plan aims to buoy the struggling Chinese economy and flailing equities markets. Yahoo Finance’s Seana Smith and Brad Smith break down the details. #youtube #stockmarket #China 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) […]

BYD releases Yangwang U9, a $150K luxury EV supercar

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yahoo finance

Automaker BYD (BYDDY, 1211.HK) will release its EV luxury supercar, the Yangwang U9, at a staggering price tag of $150,000. The automaker had surpassed Tesla (TSLA) as the largest EV maker in terms of overall sales and looks to continue its global dominance. Yahoo Finance Reporter Pras Subramanian joins the Live show to break down the latest development for the company and what it could mean moving forward. #youtube #BYD #China 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 […]

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

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yahoo finance

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

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yahoo finance

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

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yahoo finance

#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 […]