Archive List for Markets

Costco, Lululemon stand out as S&P 500 nears 52-week high

#yahoofinance #costco #lululemon #sp500 The S&P 500 (^GSPC) is approaching an all-time high as December’s Santa Claus rally saunters on, with several stocks hitting 52-week highs. Notable among these are Costco (COST), Chipotle (CMG), and Lululemon (LULU). Yahoo Finance’s Brian Sozzi and Brad Smith use the new Yahoo Finance Compare tool to get insight into the price ratios of these companies. Lululemon, in particular, is highlighted for its position in the athleisure market and its performance in the men’s footwear category. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker […]

Nvidia in 2024: The good, the bad, the ugly

#nvidia #yahoofinance #ai #stockmarket Nvidia (NVDA) had an amazing 2023, with the stock surging more than 230%. The stock dominated conversations about AI technology and has rivals racing to catch up. What could be in store in 2024? Yahoo Finance Anchors Brian Sozzi and Brad Smith take a deep dive into Nvidia’s performance and the potential good, bad, and ugly issues for the company next year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 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 […]

Tesla reportedly plans Model Y revamp at Shanghai factory

#tesla #ev #shanghai #yahoofinance Tesla (TSLA) is developing a revamped Model Y version to be produced at its Shanghai Gigafactory, slated to start production in mid-2024, according to a report from Bloomberg. The updated Model Y will feature new tech such as ambient lighting. Yahoo Finance’s Pras Subramanian analyzes Tesla’s product refresh as competition heats up in China, with domestic EV maker BYD (BYDDF) on pace to outsell Tesla for the first time ever this quarter. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management […]

Maersk plans to resume Red Sea shipping operations

#maersk #redsea #yahoofinance #shipping #yemeni As Yemeni rebels continue to launch a series of attacks on container ships crossing through the Red Sea, Danish logistics company Maersk (AMKBY) has resumed its shipping operations in the region. Yahoo Finance examines the ripple effect geopolitical pressures are having on companies through this squeeze on freight operators. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 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 […]

Apple watch ban: Key question is how long it lasts, analyst says

As the US sales ban on the Apple Watch Series 9 and Ultra 2 goes into effect, Apple (AAPL) has filed an emergency request to stop the ban as the court considers the appeal. Creative Strategies CEO and Principal Analyst Ben Bajarin joins Yahoo Finance to discuss the ban and how it may impact Apple. “”I think it really depends on the length of the ban,”” Bajarin says. “”This news is priced”” into the stock, “”but I think people are also betting that this sales ban’s not going to last a full year… It’s really how does this get resolved and how long does this go out?”” “”I don’t expect […]

US holiday retail sales surge by 3.1%: Mastercard

Recent Mastercard spending data revealed holiday retail sales grew 3.1% year-over-year. Apparel, grocery, and restaurants saw gains, while electronics and jewelry lagged. Yahoo Finance’s Julie Hyman and Josh Lipton analyze consumer spending trends amid inflation and other economic concerns. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 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) […]

‘Aquaman and the Lost Kingdom’ disappoints at the box office

Aquaman and the Lost Kingdom brought in a disappointing $40 million at the box office this four-day holiday weekend. Comscore Sr. Media Analyst Paul Dergarabedian joins Yahoo Finance to discuss the state of the box office. “”We’ve had a very interesting year at the box office. Maybe the most unusual we’ve ever seen,”” Dergarabedian says. With Aquaman and the Lost Kingdom and other superhero films recently underperforming at the box office, “”it really has the industry rethinking, what is it that audiences want?”” “”Great time to be a moviegoer. Little bit tougher for the theaters right now. But I think January we’ll see a lot of these movies that are […]

Bitcoin has already priced in spot ETF approval: Expert

Crypto investors of all sorts are patiently waiting on spot bitcoin ETF approval from the Securities and Exchange Commission, with the price of bitcoin (BTC-USD) soaring in anticipation of the potential sign off. Dinara Co-Founder & CEO Laurence Latimer joins Yahoo Finance to discuss what would happen both immediately, and down the line, if the ETF is approved and how other cryptocurrencies can benefit from it. Latimer believes “”it would be a massive event for the industry”” and that it would be a “”great support for the institutionalization of digital assets and the mainstreaming of digital assets, widespread adoption.”” However, he also believes that “”much of the price movement has […]

How a geopolitical shock could derail the rally

Geopolitical conflicts could create further headwinds for the markets. While the economy has seemed to weather these headwinds so far, potential “”shocks”” to the market could still occur, according to Brian Jacobsen, Chief Economist at Annex Wealth Management. He joined Yahoo Finance to discuss these ongoing conflicts and how investors can best position their portfolio in case of these shocks. Jacobsen advises to take a look at energy given the kind of impact these events can have on the oil market: “”When we look at the energy sector, we do think that actually that area is slightly undervalued relative to the cash flow that those companies can generate. So if […]

Tech and IPO market outlook: What to watch in 2024

#tech #ipo #yahoofinance #2024 The Tech sector has certainly dominated Wall Street with the Magnificent Seven and endless discussion on AI, but can it continue? In addition, IPOs have had a lackluster year with several companies making their IPO debut but failing to really capitalize on the momentum. Will that change for 2024? Jay Woods, Freedom Capital Markets Chief Global Strategist, joins Yahoo Finance to discuss both of these sectors and how they will perform next year. Woods explains why he is enticed by IPOs. “The thing that I do like is the beaten-down IPOs, from a year ago, two years ago, like Affirm, Coinbase, they are starting to come […]