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 […]
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 […]
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 #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 […]
Yahoo Finance anchor Seana Smith spoke with top CEOs at the Barclays Global Technology Conference about trends in business including artificial intelligence, macro challenges, investor optimism for 2024 and more. 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: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
#inflation #consumer #consumerspending #yahoofinance #fed The Federal Reserve’s preferred inflation gauge, the PCE Index, showed inflation continued to cool in November. But that doesn’t mean Americans are feeling a tremendous amount of relief when they go to the store. As Economic Cycle Research Institute Co-Founder Lakshman Achuthan explains “the rate of inflation is coming down, but it doesn’t mean that prices levels have come down… They went up and they’re just not rising as fast, they’re rising slower.” Overall, Acuthan says that discretionary spending is softening, while non-discretionary spending, such as education and healthcare, remains “solid.” Watch the video above to hear what Acuthan says about what the cooling inflation […]
In this episode of Yahoo Finance series NEXT, Yahoo Finance reporter Akiko Fujita visits San Francisco startup Zipline to get a first-hand look at how delivery services are being automated with drones. The vision of drone delivery has been around for years, with Amazon (AMZN) being one of the first to launch its drone delivery program “Prime Air” in 2013. What has kept the industry from scaling up to widespread use? Regulation. In the race to deliver at new heights, the FAA has granted Zipline a rare exception to fly drones beyond the visual line of sight. With commercial drone deliveries projected to exceed 1 million by the end of […]
As optimism grows for the Securities and Exchange Commission (SEC) to approve a spot bitcoin ETF (BTC-USD), Coinbase (COIN) CEO Brian Armstrong sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss his 2024 outlook, calling crypto “”the future of money.”” Despite regulatory headwinds, Armstrong notes crypto’s resilience, with prices up 90% year-to-date. However, he says the “”unclear rulebook”” so far features “”a lot of unanswered questions,”” causing “”consumer harm”” in the absence of clear-cut regulation. With Congress and courts left to navigate standards, Armstrong views crypto oversight in the US as being “”behind”” that of other countries. Nonetheless, Armstrong remains bullish on further adoption driving crypto’s staying power. […]
Despite upbeat consumer confidence data, Wells Fargo Head of Advice & Planning Michael Liersch cautions that uncertainty persists entering 2024 surrounding financial planning. He notes there to be “optimism for the future, [while] also preparing for the worst.” With the new year following a typically expensive holiday stretch, Liersch tells Yahoo Finance that consumers should consider what spending levels they feel like they can “sustainably afford to spend” rather than overextending. As people often overspend on gifts at the cost of financial goals, Liersch suggests tempering discretionary purchases in 2024 to promote stability. #youtube #stockmarket #stocks About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management […]
EV charging infrastructure remains a core focus in major pushes for electric vehicle adoption. California is leading the way, encouraging EV buyers through tax rebates and credits, while many East Coast states appear to be lagging behind. What will it take for the East Coast to catch up? Los Angeles Cleantech Incubator (LACI) CEO and President Matt Petersen joins Yahoo Finance Live anchor Rachelle Akuffo to give his take on what is holding the East Coast back in EV adoption — and what could change that. Petersen says to expect an “acceleration of charging infrastructure installation” due to the implementation of public-private partnerships and federal funding from the Bipartisan Infrastructure […]
