The fight is on in 2024’s first trading week as Microsoft (MSFT) dukes it out with Apple for the title of most valuable US company. The tech giants’ market caps are neck following two analyst downgrades to the iPhone maker’s stock this week. Yahoo Finance Senior Reporter Jared Blikre observes the two tech companies, also discussing Apple’s prior history of annual sales growth. #youtube #Microsoft #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 the Yahoo Finance […]
December jobs data outpaced expectations, adding 216,000 jobs to the US labor market in the month alone and 2.7 million jobs in 2023 overall. Some economists are still characterizing the job market as “still hot” as US workers are experiencing quicker turnovers between jobs. Glassdoor Lead Economist Daniel Zhao sits down with Yahoo Finance Live in-studio to break down employee confidence metrics and employer sentiments coming out of the pandemic. “This isn’t 2021, 2022, where you could throw a stone and find a job opening. Right?” Zhao comments. “So, for now… job seekers have to do a little bit more research to find those industries or those parts of industries […]
Bitcoin (BTC-USD) prices have sured on hopes the Securities and Exchange Commission will approve a spot bitcoin ETF. But, according to Bernstein Global Digital Assets Managing Director and Senior Analyst Gautam Chhugani, there’s one thing that has made this rally different. Retail traders have been a big driver of the crypto market. As Chhugani points out, crypto-related bankruptcies and the collapse of FTX “directly hurt” investor confidence, primarily retail investor confidence, since institutions weren’t playing a big role. But that has changed. In this cycle, institutions are in the driver seat, according to Chhugani. “Institutions have always been laggards in any crypto… bull market. This time, actually, institutions have led […]
Investors are pouring record amounts into cash funds in the first week 2024 with over $123 billion flowing into money market funds, the highest-ever pace of inflows. This marks the most significant cash influx since the regional bank crisis seen in March 2023. #cash #investing #youtube 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: […]
The tech sector was certainly the top sector for 2023 with nonstop talks of the Magnificent Seven and AI. However, as markets opened in the new year, the tech sector saw a bit of a sell-off alongside a choppy market start for 2024. Is this a sign of things to come? The Citadel Finance Professor Paul Meeks joins Yahoo Finance to give insight into the markets and the tech sector moving forward in 2024. “I don’t think we have a fundamental issue. I think the drivers — including the most important driver, artificial intelligence — are still intact as we roll into 2024. But, we simply have come too far […]
December’s jobs report came in hotter than expected with the US adding 216,000 jobs, defying predictions of a cooling labor market. The surprise strength of wages and hiring comes ahead of the Federal Reserve’s interest rate cuts anticipated for 2024. Yahoo Finance’s Jennifer Schonberger analyzes December’s upside employment surprise, discussing the Fed’s predicament as labor resilience challenges the disinflation narrative underpinning imminent rate relief. 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 […]
The US added 216,000 jobs in December, as reported by the Bureau of Labor Statistics, coming in significantly higher than previous estimates of 175,000 and Wall Street’s own economic forecasts. ADP Chief Economist Nela Richardson and Wolfe Research Chief Economist Stephanie Roth sit down with Yahoo Finance to go over December’s jobs print and if results are already falling in line with the Federal Reserve’s outlook for 2024. “Our base case has been that the Fed is going to cut in Q2, I think March is a bit early,” Roth says. “I think that still puts that in play. the report was a bit interesting.” “Now we see a resurgence […]
With 2024 well under way—and investors ready to go— a lingering question from 2023 remains: will small caps outperform in 2024? Boyar Research President Jonathan Boyar joins Yahoo Finance Live anchors Seana Smith and Madison Mills to weigh in on what investors should consider. Boyar encourages looking at “hidden assets”-small caps which appear to be the cheapest stocks in terms of valuation. For the retail investors, Boyar states that the process is not as complex as it may seem “its a case by case basis, there’s no magic formula. Its just doing your homework.” #stockmarket #youtube #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio […]
Resale platforms have exploded in popularity over the last few years. Manish Chandra, Poshmark CEO, joins Yahoo Finance to discuss the driving factors behind the number of resale listings on the platform as well as how the platform is utilizing tech to enhance customer experience. Chandra gives insight into what three factors are driving his business, first being the “drive towards very, very cheap stuff” countered by the desire to have value, quality, and sustainability. “The second thing is, I think. the simplicity of platform is helping, what we’ve done, what other platforms have done, making shipping, selling protections, all of that, is really, really simple. The third thing in […]
President Biden announced a $162 million investment into expanding Microchip Technology’s (MCHP) domestic chip factories based in Colorado and Oregon. Yahoo Finance anchors Madison Mills and Seana Smith discuss how heavily investments into semiconductors will play in strengthening the cyber-side of national defense. 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
