Archive List for Money

5G monetization: ‘Customers don’t want 5G, and they don’t want to pay more,’ analyst says

Wireless companies have made significant investments in 5G wireless networks, but investors are not seeing a return on these investments as expected. Senior Equity Analyst at CFRA Research Keith Snyder discusses why 5G did not have the impact wireless companies had hoped for. Snyder notes that these days providing connectivity alone is not enough: in the past, 4G connectivity was a significant selling point, but with more competitors entering the market, it has now become “a services game” for wireless companies. Snyder emphasizes that companies will have to show customers “what they can offer” alongside redefining their business models because “people didn’t care about 5G” in itself. Snyder points out […]

Portfolio manager breaks down how to play the broadening market rally

The S&P 500 (^GSPC) has notched its twentieth-record close of the year. While the rally has largely been led by tech players, financials and industrials have also driven the surge. GLOBALT Investments Senior Portfolio Manager Keith Buchanan joins the Live show to discuss whether the market’s movement to the upside can be sustained. Buchanan affirms that economic growth has spread beyond the AI generation, noting that names such as Waste Management (WM) and Walmart (WMT) have shown positivity in the marketplace. Recommending that investors look beyond the “Mag 7,” Buchanan notes that financials, in particular, have shown an appetite for potential steepening of the yield curve as the economy approaches […]

Rate cut date remains ‘uncertain’: Former Federal Reserve Bank of Kansas City President Ester George

US Equities (^GSPC, ^DJI, ^IXIC) are trading higher on Thursday as the market reacts to the Federal Reserve’s updated Summary of Economic Projections. The data showed nine members believe three rate cuts will occur by the year’s end. Chair Jerome Powell also claimed the Fed is seeking to slow the shrinking of its $7.5 trillion balance sheet. Former Federal Reserve Bank of Kansas City CEO and President Esther George joins Yahoo Finance to discuss the economic backdrop for the Fed and give insight into how the Fed may shape its policy decisions moving forward. In terms of what the Fed will be looking for moving forward, George states: “We have […]

Why the United States is suing Apple over antitrust allegations

The United States Department of Justice has initiated an antitrust lawsuit against the tech giant Apple (AAPL), alleging that the smartphone manufacturer engages in monopolistic practices. According to the DOJ, Apple’s business model restricts competition, resulting in harm to both developers and consumers. Yahoo Finance’s Tech Editor Dan Howley breaks down the details, providing insights into the details of the suit. #youtube #APPLE #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 financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on […]

Fed holds rates steady, forecasts 3 rate cuts in 2024

The Federal Reserve has left interest rates unchanged, maintaining a target range for the federal funds rate at 5.25 to 5.5%. In the statement, FOMC officials say the Committee “judges that the risks to achieving its employment and inflation goals are moving into better balance.” The March release also includes an updated Summary of Economic Projections. That release shows nine officials see three rate cuts in 2024. Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports on the Fed’s decision. #youtube #FederalReserve #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 […]

Exxon CEO talks ‘broader set of solutions’ for energy transition

Saudi Aramco CEO Amin Nasser told attendees at CERAWeek by S&P Global, a global energy conference, that global leaders should “abandon the fantasy of phasing out oil and gas.” When asked about those comments, ExxonMobil Chairman and CEO Darren Woods (XOM) tells Yahoo Finance’s Julie Hyman that things like wind and solar power and the rise of EVs are a “necessary but not sufficient set of solutions” to the energy transition. Instead, Woods proposes a “broader” set of solutions is needed, including things like carbon capture and storage, hydrogen, and biofuels. Woods credits the Inflation Reduction Act (IRA) for opening “the aperture on other opportunities to reduce emissions above and […]

$2.26B federal loan helps fund the biggest U.S. lithium project #shorts

Lithium Americas Corp. (LAC) received a conditional commitment from the U.S. Department of Energy (DOE) for a loan worth $2.26 billion. Lithium Americas plans to utilize this loan to invest in its Thacker Pass mining operation and to create a lithium processing plant. Yahoo Finance’s Ines Ferre breaks down the details on March 14, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #lithium #lithiumbattery #lithiumprice #us #useconomy #usa #usanews #2024 #outlook #federal #funding #project #2024shorts #whatyouneedtoknow

McDonald’s still dominating breakfast category with Egg McMuffin

According to the latest Consumer Price Index (CPI) reading, the rise in grocery costs has decelerated significantly more than dining costs. Yahoo Finance Retail Reporter Brooke DiPalma joins the Live show to detail McDonald’s leading in the breakfast category compared to other fast food chains. #youtube #mcdonalds #food 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: […]

American workers are becoming more productive: BOA Analysis

According to a report from Bank of America, US worker productivity has hit an all-time high. As productivity has increased, wage growth year-over-year has also seen a slight increase, meaning consumers are willing to spend more. Yahoo Finance Markets Reporter Josh Schafer joins the Live show to break down why the results do not comprise an ‘inflationary problem’ and how productivity can help company margins. #youtube #stockmarket #work 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 […]

Key economic points to look for in Biden’s SOTU

#economy #biden #joebiden #stateoftheunion #yahoofinance President Biden will give his State of the Union address Thursday night, which will be imperative to his campaign for another term. While Biden’s age and health may be a top concern for viewers, for the President he will certainly tout his economic victories and challenges that lie ahead. Yahoo Finance Senior Columnist Rick Newman joins the Live show to give insight into the top economic points investors should look out for as the President delivers his State of the Union address. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This […]