Archive List for stocks

Why the Fed may not cut rates after the November jobs report

Analyzing the November jobs report released Friday morning, Commonwealth Financial Network CIO Brad McMillan spotlights the 10-year Treasury yield (^TNX) as a key metric to watch. He explains how yields have climbed on assumptions of imminent interest rate cuts by the Fed and expected economic slowdowns. However, stronger-than-expected hiring data challenges that narrative. McMillan believes the report signals economic acceleration rather than slowdown. Consequently, McMillan expects Treasury yields will face upward pressure after pricing in future economic data prints. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date […]

November jobs report and the impact on Fed rate hikes

According to the latest jobs report, the US added 199,000 jobs in the month of November while unemployment fell to 3.7%, both data points contrary to economists’ expectations. RSM Chief Economist Joe Brusuelas likens this labor print as “just another in a steady drumbeat of positive economic news,” while Wolfe Research Chief Economist Stephanie Roth believes markets could re-adjust after running with the Federal Reserve’s previous employment narrative. “By the time we get to the second half of next year, the Fed will be well-positioned to cut rates because we’re going to be headed towards 2.5% on core and top-line inflation by the end of next year,” Brusuelas tells Yahoo […]

SpaceX’s value comes ‘from the Starlink side of the business’

After a Bloomberg report revealed SpaceX opened discussion for selling insider shares, a boom of discussion has now opened up to all the possibilities that could occur if the company went public. Quilty Space Co-CEO Chris Quilty joins Yahoo Finance’s Rachelle Akuffo to discuss the potential for future investments in space exploration and how SpaceX’s dominance will be a challenge for future companies. “The problem here is, right now, in the near term, we are in a bit of a constrained environment for launch, and so many of these companies that need to build out constellations, raise capital, they are, to some degree, being slowed down in their ability to […]

Broadcom is the poor man’s Nvidia: Strategist

Artificial Intelligence. A groundbreaking innovation for humanity that has seemingly seeped into every conversation across a wide range of companies. With so much buzz around this topic, how are investors supposed to sift through what is useful and what is fluff? Nancy Tengler, Laffer Tengler Investments CEO & CIO joins Yahoo Finance to breakdown two stocks that have Wall Street talking: Broadcom (AVGO) and Interpublic Group of Companies (IPG). Tengler gives extensive insight to both companies, commenting that Broadcom has recently received a debt rating upgrade from S&P Global, shows strong capital return, with dividend increases to shareholders, and are actively expanding company exposure to AI. IPG, on the other […]

Stock Market’s 2024 bullish outlook, plus the best ways to play anticipated gains

Wall Street is increasingly bullish on the market outlook (^GSPC, ^DJI, ^IXIC) in 2024. Saxo Senior Fixed Income Strategist Althea Spinozzi and Roundhill Investments Chief Strategy Officer David Mazza join Yahoo Finance Live anchor Brad Smith and to discuss what 2024 may hold in store for the Fed’s interest rate policy and how markets are already pricing in expected interest rate cuts. “Realistically, we believe that inflation is going to have lesser importance than growth throughout 2024. But central banks are going to be cautious about that,” Spinozzi says. “So, right now, the market is pricing in five interest rate cuts by the end of 2024. We believe that that […]

Why the Fed could hold rates steady next year

Treasury bond yields have been steadily declining as many investors believe the Federal Reserve is done with interest rate hikes and may begin cutting rates as early as June of 2024. With recent commentary from the Bank Of Japan and November jobs data due out on Friday, predictions for the Fed’s next move have been called into question. RiverFront Global Fixed Income CIO Kevin Nicholson joins Yahoo Finance to discuss the current status of the market. “I think you’ll probably see the bond market go up by 10-15 basis points. I think that you’re going to really see a sell-off abruptly and not to the same degree as the momentum […]

What a labor market slowdown could mean for Fed policy

According to RBC Captial’s November jobs report forecast, the unemployment rate will increase to 4% with labor force participation to remain the same. Growth in ADP’s private payroll data has also shrunk in recent months. What does this mean for the labor market at large? RBC Capital Markets US Economist Michael Reid joins Yahoo Finance’s Diane King Hall to discuss his forecast and what this could mean for the labor market and the Federal Reserve’s monetary policy going forward. “We’re looking for the headline payroll gain to come in around 185,000. But, We are looking for the unemployment rate to tick up to 4%. That would be in line with […]

EU regulators to resume talks on first AI laws on Friday

European lawmakers are set to resume discussions this week on drafting and passing the world’s first law regulating artificial intelligence. Yahoo Finance Tech Editor Dan Howley highlights the provisions that have been suggested, including consumer concerns and a desire for AI source code transparency. #youtube #EU #youtube 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 […]

AMD’s MI300 AI chip: ‘Most complex in industry,’ CEO

AMD (AMD) unveiled its new MI300 data center chip – an ultra-powerful AI accelerator years in the making. CEO Dr. Lisa Su joined Yahoo Finance’s Brian Sozzi to discuss the complex processor and booming AI chip demand. Su highlighted the MI300’s record 153 billion transistors, calling it the “most complex chip in the industry.” With AI adoption surging, she says extremely robust GPUs like MI300 are essential for businesses, cloud platforms and researchers. Detailing steady progress over 5+ years, Su explains the MI300 chips is comprised of 12 stacked “chiplets,” noting each MI300 chip takes over 7 months to produce given intricate designs. With Microsoft (MSFT), Meta (META), Oracle (ORCL) […]

Stock market news: Stocks slide, oil hits 5-month lows December 6 | Yahoo Finance

US stocks slipped on Wednesday amid fresh signs of economic malaise, as oil prices hit lows not seen since June and investors looked to data that signaled more cooling in the labor market. The S&P 500 (^GSPC) fell about 0.4% while the Dow Jones Industrial Average (^DJI) dropped more nearly 0.2% or about 70 points. The Nasdaq Composite (^IXIC) shed roughly 0.6%. Wednesday brought fresh signs of softening in the labor market, as the ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday’s soft reading on jobs openings bolstered optimism for a Fed pivot to cutting interest rates. Markets are […]