Archive List for Market

Recently, Yemen-based Houthi militants attacked commercial shipping vessels traveling through the Suez Canal and the Red Sea, in response to the ongoing war between Israel and Hamas. Over 10% of world trade happens through that region, including oil shipments (CL=F, BZ=F). Yahoo Finance’s Ines Ferré joins the Live show to discuss the current situation as well as how it is currently affecting oil prices. 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 (AAPL) is currently racing to change the software on its Series 9 and Ultra 2 Apple watches as the company faces court-ordered deadlines to halt sales of the product amid a patent infringement dispute. The company recently lost a patent infringement dispute with medical device maker Masimo over a key feature in new Apple watches that measures a user’s blood oxygen level. The fixes only apply to the Series 9 and Ultra 2 models. Yahoo Finance Legal Reporter Alexis Keenan joins the Live show to break down the scramble and what it means for Apple moving forward. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, […]

According to a Schroders survey, nearly half of Gen X Americans haven’t done any retirement planning, with many stating they are almost two-thirds of the way to their $1.1 million retirement savings goal. Yahoo Finance’s Kerry Hannon details this trend and ways Americans can get started on their retirement savings. 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: […]

The so-called ‘Magnificent Seven’ – Amazon (AMZN), Apple (AAPL), Alphabet (GOOG,GOOGL), NVIDIA (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) – dominated the S&P 500 (^GSPC) in 2023, and continue to do so, accounting for more than 27% of the S&P 500’s total market value. With Federal Reserve leadership now signaling potential interest rate cuts in 2024, which in turn is ecpected to fuel investor interest in the stock market, can the Magnificent Seven continue with their positive streak? Jeff Schulze, Head of Economic and Market Strategy at ClearBridge Investments, joins Yahoo Finance to give his perspective on the market and how he sees those stocks continuing to perform into […]

The founder of hydrogen-electric truck maker Nikola (NKLA), Trevor Milton, was sentenced to four years in prison after being found guilty of three counts of fraud back in 2022. Milton was sentenced to four years in prison on each count, but they will be served concurrently. Yahoo Finance’s Alexis Keenan and Pras Subramanian break down the sentence and what lies ahead for Nikola. 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 […]

Oil prices (CL=F, BZ=F) have moved higher following news that producer BP (BP) will temporarily halt shipments through the Red Sea after reported attacks on vessels delivering on this route. Analysts estimate 12-15% of the global oil supply moves through this passage from the Middle East, meaning any prolonged closure could impact availability in relevant markets. Yahoo Finance Ines Ferré breaks down the details and what these pressures will mean for oil and natural gas prices. 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 […]

What should investors still be cognizant of in the markets as the Federal Reserve makes sense of how to implement interest rate cuts in 2024? Providence Financial & Insurance Services Founder and President Anthony Saccaro details the best way to approach dollar cost-averaging investment strategies and breaks down the outlook on a recession next year. “”We still have an inverted yield curve, we can’t forget, inverted by about 50 points, and that’s always been a good predictor of recessions,”” Saccaro tells Yahoo Finance. “”So someone with cash on the sidelines shouldn’t just try to find that one moment in time. That’s a fool’s errand, trying to figure out, ‘Okay, I’m […]

With 2024 only a few days away, investors are gearing up to adjust their portfolio for potential Federal Reserve rate cuts. NewEdge Wealth Senior Portfolio Manager Ben Emons joins Yahoo Finance Live to explain why investors won’t want to be in cash once the Fed starts cutting rates. Emons points out that there is a lot of money sitting in money market accounts in a bid to take advantage of higher interest rates, saying “”there is something about cash that still adds income to your portfolio, but then it does get different once the Fed does start lowering rates,”” adding that the cash can be used to take advantage of […]

As Microsoft (MSFT) broadens its AI reach through partnerships like OpenAI while advancing in-house offerings such as Copilot, Macquarie’s Head of AI & Software Research Fred Havemeyer joins Yahoo Finance Live to discuss why he sees Microsoft shares as undervalued given its generative AI potential. Havemeyer believes the revenue and profit opportunities for Microsoft in this space are significant. He forecasts potential EPS reaching as high as $2.17 by fiscal 2026, driving his current $430 per share price target. His projections are based on monthly usage fees between $10-30 across Microsoft’s AI portfolio. With what Havemeyer calls an “”enterprise-capable and ready”” approach to delivering business-focused AI, he argues Microsoft is […]

Market strategists have collectively gone bullish on the S&P 500 (^GSPC) in 2024, forecasting upwards of 5,000 points by next year’s end. But is it still too early to be this bullish? Infrastructure Capital Advisors CEO Jay Hatfield anticipates the S&P to reach as high as 5,500 points by the end of 2024, joining Yahoo Finance Live to discuss Europe’s economic situation and what factors are going into these US market calls. “”It is really based on an optimistic work on interest rates, but that has been unfolding,”” Hatfield says on rate cuts expected by the Federal Reserve. “”Like I said, now it’s actually consensus that we’ll have cuts.”” About […]