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 (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 […]
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 […]
