Archive List for Markets

Magnificent 7 and AI will continue to dominate in 2024, says analyst Ray Wang

The Magnificent Seven stocks — Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA) — dominated the tech landscape in 2023, and Constellation Research Founder and Principal Analyst R “Ray” Wang believes they could “definitely” continue leading into 2024 after driving two-thirds of the S&P 500’s (^GSPC) gains. Wang attributes their outperformance to AI, digital networks, and unmatched revenue growth. These core strengths with wide enterprise adoption position them to maintain index sway. Beyond the Magnificent Seven, Wang highlighted other names like Oracle (ORCL) and ServiceNow (NOW) also poised to “benefit from the AI boom.” For more expert insight and the latest market […]

Fed rate cut outlook for 2024, plus what it could mean for markets and the economy

As the final trading day for 2023 commences, Wall Street is looking forward to 2024 when many believe the Federal Reserve will begin to cut interest rates. What could the fallout look like if the Fed begins to cut too early or too many times in this economic environment? Unlimited Co-Founder, CEO, and CIO Bob Elliott joins Yahoo Finance to give insight into the Fed’s looming rate decisions and the impacts they could have on the overall stock market. “Any time the Fed quickly cuts interest rates is a time you don’t want to be holding stocks, and so I think there’s a real disconnect between what we see priced […]

Oil heads for biggest annual drop since 2020

Crude oil futures (CL=F, BZ=F) are ticking up Friday morning, the final trading day of 2023, but it is still on course for its biggest annual drop in three years. Yahoo Finance Market Reporter Jared Blikre tracks the path oil prices have taken in 2023, a year wrought with geopolitical conflicts, OPEC’s production cuts, and energy sector M&A. #OIL #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 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 […]

Warren Buffett’s stock picks in 2023, plus what to expect in 2024

Warren Buffett, CEO of Berkshire Hathaway, (BRK-A, BRK-B) enters the new year with over 40 holdings in the company’s portfolio—including Occidental Petroleum (OXY), Apple (AAPL), and BYD (BYD). While these stocks attracted attention due to Berkshire’s positions, Buffett’s traditional investment style, focusing on solid fundamentals, contrasts with the high valuations and non-traditional nature of A.I. plays. Yahoo Finance’s Brian Sozzi and Bradley Smith take a closer look at potential shifts in Buffett’s investment strategy and whether A.I could be in view. 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 […]

2024 Generative AI and software stocks and trends for investors to consider

Chipmaker Nvidia (NVDA) isn’t the only AI play investors should be favoring. Macquarie Head of U.S. AI & Software Research Fred Havemeyer joins Yahoo Finance Live’s Brian Sozzi and Brad Smith to discuss the assortment of tech and software developers AI investors should consider in 2024, including Microsoft (MSFT), ServiceNow (NOW), and CrowdStrike (CRWD) among others. “I believe that in 2024, we’re going to begin to see the first really significant and material signs of enterprise adoption of generative AI, that going into also calendar year 2025… we’ll be seeing significant adoption trends occurring,” Havemeyer says. “With now products like Microsoft 365 Copilot rolling out, enterprises will actually have the […]

2024 market mantras: What investors should consider about the Fed, earnings, stock highs, and more

With 2024 imminent, many investors are wondering how to allocate portfolios and what the Federal Reserve will decide regarding interest rates. While there are many strategies to consider, there are certain mantras that will work best for the new year. Cole Smead, Smead Capital Management CEO, and Matt Maley, Miller Tabak Managing Director, join Yahoo Finance to discuss the top market mantras every investor should consider going into 2024. Maley cautions against one mantra that has worked well in recent years – buy the rumor, sell the news. “It is likely the S&P (^GSPC) might not make money over the next decade, including dividends, and when I say likely that’s […]

Nvidia to release modified version of advanced gaming chip that complies with new U.S. export rules

Nvidia (NVDA) is set to release a US-compliant special chip for China and its shares are responding positively to this news. The semiconductor chip company holds more than 90% of market share of China’s AI chip market is set to close the year above $1 trillion market cap. Yahoo Finance’s Brian Sozzi and Brad Smith weigh in on Nvidia’s business model and how the company has managed to remain ahead of the curve—and most likely will, well into 2024. #Nvidia #youtube #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 […]

Boeing urges airlines to inspect 737 Max planes for possible loose bolt

Boeing (BA) is advising airlines to inspect 737 Max cabin bolts, raising minor supply concerns for the aerospace manufacturer. However, Third Bridge’s Global Sector Lead for Industrials Materials and Energy Peter McNally tells Yahoo Finance Live that “the bigger issues” were crashes in prior years, so these bolts “could be a limited issue” by comparison. With supply chain strains lingering but air travel demand booming, McNally doesn’t expect much order impact for the “workhorse” 737 Max model. However, he notes “deliveries have been an issue” with backlogs and supplier constraints persisting. Given pressures to lift output and Airbus (AIR.PA) commanding more market share, McNally says it’s difficult to see how […]

Real Estate outlook: A look at what to expect from the the housing market in 2024

One of the biggest themes in 2023 was the struggle in the housing market. High mortgage rates made it more difficult for people to buy homes and people who had homes didn’t want to sell them in fear of losing their low mortgage rate. A lack of existing home inventory plagued the market, though homebuilders were able to take advantage. Meredith Whitney LLC Founder Meredith Whitney, who is known for correctly predicting the 2008 financial crisis, tells Yahoo Finance’s Brad Smith and Brian Sozzi that as more baby boomers retire and look to downsize, more inventory should come onto the market. Whitney says that since most home mortgages are originated […]