The Biden administration has enacted a new set of tariffs against China that will hit up to $18 billion in imported goods, including quadrupling the duties imposed on electric vehicles (EVs) and doubling tariffs on solar panels and semiconductors to 50% each. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins The Morning Brief to elaborate on whether or not these trade policies will have any lasting effects on the United States, its demand for semiconductor imports, and the new avenues China is approaching to acquire more AI chips. “The US just doesn’t import a lot of direct semiconductors from China… it’s maybe a few billion dollars, it’s not any […]
Tesla (TSLA) is rehiring back some of its Supercharger team which were laid off last month, according to Bloomberg. This comes after CEO Elon Musk posted on X (formerly Twitter) that the EV maker was all in on expanding its Supercharger network with an investment of over $500 million in spite of headcount reductions and recent executive departures. ROTH Capital Senior Research Analyst Craig Irwin sits down with Catalysts to talk about Tesla’s Supercharger road map and which areas the auto company should be prioritizing. They got to show they can they can get growth going again right? When you decline 7 or 8% you’ve got to actually show that […]
The Biden administration has imposed tariffs on $18 billion worth of annual imports from China, including semiconductors, electric vehicles, steel, and other sectors. With growing trade tensions between China and the United States, this move raises questions about its potential impact on the upcoming election. According to Yahoo Finance’s Senior Columnist Rick Newman, the tariffs “do fit with what Biden has been doing his whole term, which is incentivizing the development of certain industries within the United States.” He explains that the tariffs are intended to make those goods originating from China more expensive, thereby promoting domestic manufacturing of these products. About Yahoo Finance: Yahoo Finance provides free stock ticker […]
The Biden Administration has imposed new tariffs on $18 billion worth of Chinese goods. The sweeping tariffs will impact a wide range of products, including semiconductors, aluminum, steel, and more. The tariff on the electric vehicle sector will see a staggering quadruple increase, soaring from the current 25% to a 100% rate. Yahoo Finance’s Jennifer Schonberger sheds light on the sectors set to see the most significant impact, delving into the strategic rationale behind the implementation of these new tariffs. #Biden #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 […]
President Biden is reportedly set to release a new wave of tariffs targeting China in critical sectors, including electric vehicles, semiconductors, and solar equipment. Yahoo Finance’s Rick Newman gave details about potential implications for EV automakers. The segment is from May 13, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts
Inflation is not a new phenomenon for the U.S. economy. Although the Federal Reserve has sustained a higher-for-longer inflation environment, historical outcomes provide valuable insights. Brookings Institution Director of Economic Studies Ben Harris joins Wealth! to talk economic history. Harris draws parallels to the 1970s and early 1980s, when “inflation lasted for roughly a decade.” During that time, inflation reached a staggering 14%, he says, whereas inflation peaked at 9% most recently. While Harris acknowledges that though the current experience “wasn’t as severe, some of the lessons were the same.” Harris emphasizes that monetary policy is the primary tool for combating inflation, stating that the Fed will “keep interest rates […]
Apple (AAPL) looks to join other tech giants like Alphabet (GOOG,GOOGL), Meta (META), and Microsoft (MSFT) in the AI revolution. Ahead of Apple’s 2024 Worldwide Developers Conference, Wedbush Securities Managing Director Dan Ives joined Yahoo Finance Live to discuss on May 10, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts
All eyes are on April’s Consumer Price Index (CPI) report, as it will reveal details about the current state of inflation among consumers. SEI (SEIC) CIO Jim Smigiel joins Market Domination to break down what investors should expect from Wednesday’s CPI print and what it could signal for the Fed’s next moves. “We have three hot prints in a row, as most investors are aware, and the Fed is really running out of room here in order to deliver the cuts that I think most investors would love to see,” Smigiel tells Josh Lipton and Julie Hyman. He anticipates April’s numbers to be slightly weaker, adding that he’s bearish on […]
Meme stocks like GameStop (GME) and AMC Entertainment (AMC) are surging in interest after Keith Gill, who goes by “Roaring Kitty” on X (formerly Twitter), posted on social media for the first time in three years. Gill was in part responsible for the meme stock frenzy perpetuated by retail traders in 2021. Head Moderator of r/WallStreetBets Noor Al joins Market Domination Overtime to give insight into the renewed interest in meme stocks and a potential influx of retail trading. When asked if this is just a fad, Al responds: “I think we’ve actually seen the build-up for today’s activity over the past two weeks, and even just three days ago […]
Warner Bros. Discovery (WBD) – a company with deep roots in the entertainment industry for over a century – was only formed in 2022. Yahoo Finance’s ‘Beyond the Ticker’ takes a deeper dive into the media giant’s history, as it grapples with legacy media challenges and looks to build its streaming business into a serious industry player. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts
