Starbucks (SBUX) saw its worst post-earnings performance since 2000 last week after its second quarter earnings fell short of Wall Street’s estimates. Following the disappointing results, former CEO Howard Schultz wrote on LinkedIn, “The company’s fix needs to begin at home,” pointing to US operations as “the primary reason for the company’s fall from grace.” Yahoo Finance Senior Reporter Brooke DiPalma breaks down how both Schultz and the Street are losing confidence in the beverage giant. All eyes are on Starbucks’ pricing strategy as sales struggle. CFO Rachel Ruggeri told Yahoo Finance that the company has no plans to lower its prices despite analysts’ skepticism that Starbucks will be able […]
The US Bureau of Labor Statistics’ jobs report revealed that the US economy added 175,000 jobs in April, below expectations of 240,000, with annual wage growth also below expectations at 3.9%. Although numbers came in below expectations, some sectors fared better than others when adding jobs and increasing wages. Glassdoor Chief Economist Aaron Terrazas joins The Morning Brief to give insight into the April jobs report and how it paints a picture of the current job market landscape. Terrazas elaborates on the type of companies that are hiring and where wages stand: “They’re two very different groups of companies right now. Companies that hire kind of workers with graduate degrees, […]
The 2008 global financial crisis saw an economic environment with interest rates close to 0%. John Bailer, Newton Investment Management Deputy Head of Equity Income and Portfolio Manager thinks the low interest rates after the 2008 crisis were unusual and believes interest rates usually range from 4% to 5%, favoring value stocks. He expects more inflation and higher rates ahead, making value stocks popular again. Segment aired April 26, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts #stockmarket #stocks #value #valuestocks #investment #investing
According to a February 2023 Future Forum global survey, 42% of workers feel burned out. Employers are increasingly seeking opportunities to prioritize their employees’ work-life balance. 4 Day Week Global Research Director Alex Pang joins Wealth! to discuss whether a four-day workweek could be the solution. Pang explains that a reduced workweek benefits both the employer and the employee, as productivity and retention rise while overall burnout decreases. “What we’re finding is there are ways of using technology better, of making improvements in things like meetings…that allow you to create time that you can give back to people while also making work time itself more productive and effective,” he tells […]
Binance founder and former CEO Changpeng ‘CZ’ Zhao was sentenced to four months in prison for money laundering on April 30, 2024 after pleading guilty. The cryptocurrency exchange also paid $4.3 billion in fines as part of his plea agreement with the authorities. Yahoo Finance Host Julie Hyman gave further details on April 30, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #binance #binancetrade #cryptocurrency #crypto #2024 #2024shorts
The United States Gross Domestic Product (GDP) print came out Thursday morning, revealing that the U.S. economy grew by 1.6%, slowing behind projections of 2.5%. Yahoo Finance’s Brad Smith provided an in-depth analysis explaining the concept of GDP, how the figure is calculated, and its measurement of economic health. The segment is from April 24, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #gdp #gdppercapita #explained #icymi #whatyouneedtoknow #2024shorts #2024
Apple (AAPL) shares are down over 10% this year as the company has been hit with many challenges, including litigation and growing competition in China. Wall Street is closely eying the tech giant’s upcoming earnings report for signs of life. Yahoo Finance Anchor Josh Lipton joins Wealth! to break down what investors can expect from Apple’s upcoming earnings, from iPhone sales estimates to AI investment figures. #youtube #news #APPLE 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 […]
Tesla Inc. (TSLA) shares are trading higher on Monday, boosted by the news surrounding CEO Elon Musk’s unannounced trip to China on Sunday. According to a Bloomberg report, Beijing has tentatively approved the launch of Tesla’s “Full Self-Driving” or FSD vehicle software in the Chinese market. Yahoo Finance’s Akiko Fujita breaks down the details, providing insight into what China’s backing could mean for the automaker’s revenue prospects. #youtube #Tesla #news 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 – […]
Defense stocks have come under pressure as US lawmakers put spending under the microscope. The Gabelli Commercial Aerospace and Defense ETF Portfolio Manager Tony Bancroft and Baird Senior Analyst Peter Arment join Market Domination to discuss how to play the aerospace and defense sectors now. Bancroft says that “US defense spending is below historic averages,” but President Biden’s latest budget request has a notable increase in defense spending. Arment notes the US is trying to “recapitalize our entire military… that takes well over a decade to do.” He says that part of that focus is new technology, meaning there are “a lot of opportunities for new companies to be brought […]
