Archive List for Markets

US job openings fell to 8.79 million in November from 8.85 million in October, their lowest level since March 2021, the Labor Department reported Wednesday. Yahoo Finance Live anchors Julie Hyman and Josh Lipton discuss reports on the breaking jobs data and the Federal Reserve’s dual mandate of balancing employment while lowering inflation. #yahoofinance #youtube #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) – Follow Yahoo […]

#yahoofinance #stockmarket #investing #stocks #Fed #inflation Executives, experts, and influencers join the Yahoo Finance team to discuss what’s moving the world of finance. To get the latest markets news check out finance.yahoo.com 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 Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. […]

The November JOLTS report (Job Openings and Labor Turnover Survey) saw job openings come in slightly below estimates, ahead of Friday’s jobs report. Mizuho Securities USA Chief Economist Steven Ricchiuto joins Yahoo Finance Live to discuss expectations for the labor market in 2024. Ricchiuto notes that current data shows the “labor market remains very, very tight.” He explains that workers getting fired and re-entering the job market are finding new jobs quickly, pointing to the tremendous amount of openings. This proves “the labor market is still hot,” Ricchiuto says. “People really, really want the Fed [Federal Reserve] to cut interest rates,” he adds. However, with an average quarterly GDP growth […]

Nvidia (NVDA) had a momentous 2023, thanks to its AI chips and well over 200% gain in its stock price. But with potential economic headwinds, increased competition, and regulations on what it can ship to China, can that success carry into 2024? Stifel Applied Technology Analyst Ruben Roy thins it can. He joins Yahoo Finance to discuss why he believes Nvidia is a good idea for any investor’s portfolio. Roy explains why Nvidia is so dominant in the sector: “Nvidia came up with a software stack, CUDA, that is the ecosystem of AI right now. If you look at Apple (AAPL) and iOS, the way we’re thinking about it is, […]

Wells Fargo names ride-share company Uber (UBER) a top mobility stock for 2024 after seeing massive gains in 2023. Wells Fargo Senior Analyst Ken Gawrelski comments on Uber’s growth outlook moving into 2024 and its dominant market share over competitor Lyft (LYFT). “We’re roughly [at] 70/30 market share, a couple points here or there. Uber with the leadership share, Lyft at the number two spot,” Gawrelski tells Yahoo Finance. “I would call this a pretty rational duopoly, and certainly they fiercely compete for riders and drivers. #Telsa #stockmarket #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and […]

2024 may turn out to be a strong year for travel demand, potentially breaking pre-pandemic records. Airlines stand to capitalize, making them a viable option for investor portfolios. Citi Managing Director and Equity Analyst Steve Trent joins Yahoo Finance’s Julie Hyman for the latest edition of Good Buy or Goodbye where he provides insight into the investment outlook for the travel industry for 2024. Trent states his “Good Buy” is Delta Air Lines (DAL). Its loyalty program is robust, with an already large customer pool, that makes up a sizable piece of Delta’s revenue. Trent argues that Delta has one of the strongest brands against other airlines, citing success despite […]

Torsten Slok, Apollo Global Management Chief Economist spoke to Yahoo Finance anchors Julie Hyman and Josh Lipton to discuss potential risks to markets in 2024 that investors should be aware of. With many economic headwinds to weather in 2024, questions arise around the status of consumer spending going forward. Slok explains that consumers are beginning to run out of excess savings which is leading to decreased spending, plus the combination of mortgage rates and resuming of student loans which could be a significant blow to consumer spending. “At the same time, because of the Fed deciding to turn more dovish and the market interpreting that in a more dovish way, […]

The high-flying ‘Magnificent Seven’ mega-cap tech stocks that powered markets in 2023 seem poised to extend their leadership in 2024. According to FactSet data, six of the seven including Microsoft (MSFT) and Nvidia (NVDA) are projected to rise an average of 11% this year, with only a negative return seen for Tesla (TSLA). #tech #youtube #stockmarket Yahoo Finance’s Josh Lipton and Julie Hyman break down the details. 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 […]