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 […]
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 (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 (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 […]
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 […]
2023 — and the month of December — has been a year for record gains across various sectors and stocks, such as homebuilders and tech companies. Yahoo Finance’s Jared Blikre highlights several stocks and industries that have reached new highs year-to-date. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #stockmarket #youtube #yahoofinance 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 […]
CFRA’s Chief Investment Strategist Sam Stovall joined Yahoo Finance Live to share his optimistic 2024 market outlook, stating “next year will be a surprisingly good year.” He notes multiple supportive factors, including 2024 being an election year with consistently positive historical returns. While overbought conditions near-term could spur pullbacks, Stovall sees no real fear of a bear market now. He expects any dips to follow “a continued advance”, rather than precede declines. Stovall also observes that an anticipated Fed pause on hikes could lift valuations across assets – “lifting all boats” in size, style, sector and industry. During past Fed reprieves, areas like financials and real estate tended to outperform. […]
The Magnificent Seven stole the show in 2023—leading the rally and pulling the S&P (^GSPC) higher by more than 23%. This rally could continue, but the other 493 would have to catch up says Evans May Wealth Managing Partner Brooke May. May states “we think there is some opportunity there, as we’ve seen the breadth of the market improve, meaning more names participating, we think that’s going to give the market another leg up.” May sees “really good deals and values,” including Charles Schwab (SCHW). #stockmarket #youtube #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more […]
Tesla CEO Elon Musk (TSLA) has come under fire for his comments on X (formerly Twitter). But Canaccord Genuity Managing Director George Gianarikas isn’t concerned about what sort of impact it could have on the EV maker. Gianarikas argues that Musk’s antics are not new and that “he’s who you have to take in to invest in Tesla’s stock.” Tesla has missed some targets recently, but Gianarikas argues that when Musk is giving his goals, he’s not just trying to please investors and Wall Street, but that “he’s trying to inspire the three, four, five companies that he’s the CEO of and he navigates.” Gianarikas points to Tesla’s full-self driving […]
