Archive List for stocks

Mild recession is likely in 2024, strategist says

Inflation is cooling and Federal Reserve policymakers are indicating that there are rate cuts to come in 2024. But Wall Street is still at odds as to how the economy will shape up next year. Matt Stucky, Northwestern Mutual Wealth Management Senior Portfolio Strategist, joins Yahoo Finance’s Josh Schafer and Brad Smith to discuss his predictions and how he believes investors should remain cautious. Stucky lays out his reasons for rate cuts: “Typically when the Fed cuts, they don’t cut 25 basis points at a time. They tend to cut in response to economic weakness. It wouldn’t be surprising for us to see something chunkier than what the market is […]

Musk-Iger feud: Tesla removes Disney+ app from cars

Tesla (TSLA) has reportedly removed the in-car Disney+ app (DIS) from its EVs amid CEO Elon Musk’s ongoing feud with Disney CEO Bob Iger, according to Electrek. Yahoo Finance’s Pras Subramanian, Josh Schafer, and Alexandra Canal break down the news and Musk’s recent rocky relationship with Iger. 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 […]

FedEx falls short of Q2 earnings estimates

FedEx (FDX) shares slide lower in the after-hours trading session after the courier missed on second-quarter earnings estimates, falling short on the top and bottom lines. Yahoo Finance’s Julie Hyman and Josh Lipton take a closer look at the postal operator’s latest earnings figures and weigh in on FedEx’s leadership comments on its outlook. 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 […]

Buy Alphabet, skip Adobe: Good Buy or Goodbye

Too many investors to count are talking about the Magnificent Seven tech stocks that have been dominating the S&P 500 (^GSPC). All of these companies have turned their attention to another ever-present topic that has dominated Wall Street this year: AI. In the latest edition of “”Good Buy or Goodbye,”” Defiance ETFs CEO and CIO Sylvia Jablonski joins Yahoo Finance to wade through the buzz and focus on which companies may have better success than most with artificial intelligence. Jablonski labels Alphabet (GOOG, GOOGL) as a “”Good Buy”” for 3 reasons: It’s cheaper than the other Magnificent Seven stocks, it has a great potential revenue stream from Gemini AI, and […]

Homebuilding is the ‘only game in town’ come 2024

A bounce in homebuilder sentiment as 2023 comes to a close along with tailwinds of both moderating mortgage rates and still-recovering housing supply is laying the foundation for a strong homebuilding market in 2024, according to NAHB CEO Jim Tobin. With fewer homeowners willing to upgrade amid low mortgage rates, Tobin sees homebuilding as “the only game in town” right now. Tobin notes this demand/supply mismatch creates opportunity for builders to ramp up construction, eyeing 4-5% homebuilding growth in 2024 as the Federal Reserve signals potential rate cuts. However, Tobin still cautions that headwinds persist from construction labor markets being “consistently underemployed.” About Yahoo Finance: Yahoo Finance provides free stock […]

Bitcoin extends rally, moves beyond 150% gains year-to-date

Bitcoin (BTC-USD) continues to rally as the digital asset trades above $42,000 — more than 1.5% for the day — extending its gains of 150% year-to-date. The upward momentum comes as crypto investors become more hopeful about interest rate cuts and Securities and Exchange Commission (SEC) approval for a spot bitcoin ETF. Yahoo Finance Anchors Julie Hyman and Josh Lipton break down the latest developments with the cryptocurrency. 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 […]

Nvidia is setting the pace for 2024, already: Analyst

Nvidia (NVDA) has been a strong front-runner in the semi-conductor industry, but could there be a new wave of chip makers? Ruben Roy, Stifel Applied Technology Analyst joins Yahoo Finance Live to weigh in on the semiconductor market outlook for 2024. Roy sees many possibilities for semiconductor companies, predicting expansion, noting Nvidia that has “cracked the code” with movement to software and services as well. Roy believes that one way companies can achieve a return on investment will be “software services moving this infrastructure and technology into enterprise.” About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more […]

Oil prices tick up over Red Sea attacks, disruptions

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 racing to change software after losing patent: Report

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, […]

Nearly half of Gen X workers haven’t saved for retirement

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: […]