Archive List for Market

Moody’s Analytics Chief Economist Mark Zandi joins Yahoo Finance Live to weigh in on the state of the real estate market and financial sectors plus areas for concern following regional bank failures in early 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #realestate #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your […]

Microsoft (MSFT) shares rose amid drama at AI partner OpenAI, after MSFT offered jobs to OpenAI staff following CEO Sam Altman’s swift firing and rehiring. Piper Sandler Analyst Brent Bracelin says despite tensions, Microsoft retains strong AI footing with Azure, ChatGPT integration and its OpenAI-powered Copilot. Bracelin says establishing OpenAI’s governance post the leadership shakeup is now imperative. He argues Microsoft rightly lent Altman support, though the episode exposed Microsoft’s lack of control in the company despite being a major shareholder. By hiring Altman temporarily and reaffirming OpenAI ties, Bracelin speculates Microsoft may gain an OpenAI board seat. Still, OpenAI’s internal volatility spotlights the need for both clarity around decision-making […]

RBC Capital Markets joins the ranks of Wall Street strategists projecting a 5,000-point target for the S&P 500 (^GSPC) to reach in 2024, alongside forecasts from Bank of America and Federate Hermes. Yahoo Finance Live breaks down RBC Head of U.S. Equity Strategy Lori Calvasina’s note on market outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #stocks #youtube #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance […]

Amazon (AMZN) Founder and Executive Chairman Jeff Bezos is reportedly seeking to sell 8 to 10 million of his Amazon shares — worth up to $1 billion — according to CNBC. Yahoo Finance Live examines the former CEO’s timeline of past stock sales while he currently owns 988 million shares in the e-commerce retailer. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #Amazon #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage […]

After Microsoft’s (MSFT) recruiting of former OpenAI CEO Sam Altman since his departure from OpenAI last week, over 700 employees from OpenAI sent a letter to the board demanding that OpenAI’s remaining board members resign or those OpenAI employees will join Altman at Microsoft. According to Bloomberg, Altman, Interim CEO Emmett Shear, and board member Adam D’Angelo, have begun discussions to potentially reinstate Altman. Wall Street Journal Tech Reporter Dan Gallagher joins Yahoo Finance to discuss the talks at OpenAI and what are some of the possible outcomes of the entire situation. “It’s pretty clear that the only way Sam Altman is going to go back is if things are […]

Stock market indexes (^GSPC, ^IXIC, ^DJI) fell after the Fed’s FOMC meeting minutes showed interest rates will stay restrictive until inflation meaningfully drops toward regulators’ 2% target. While fiscal tightening may have peaked, Lafayette College Chief Investment Officer Krishna Mermani expects a gradual descent in economic pressures. As sectors like retail slow, supporting disinflation, Mermani believes the groundwork is laid for a soft landing scenario. He says the slight market selloff partly reflects the Fed’s rapid tightening effects, signaling the economy will naturally decelerate. However, the speed of slowing remains uncertain. If conditions improve without reaccelerating inflation, Mermani notes to Yahoo Finance that the Fed will have successfully completed the […]

U.S. Treasury yields recover on cooling economic data, but concerns around the Fed’s ability to deliver a soft landing are still lingering. Yahoo Finance’s Jared Blikre analyzes bond market dynamics and investor sentiment on the Fed’s future interest rate cuts forecasted for 2024. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #stockmarket #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo […]