Resale platforms have exploded in popularity over the last few years. Manish Chandra, Poshmark CEO, joins Yahoo Finance to discuss the driving factors behind the number of resale listings on the platform as well as how the platform is utilizing tech to enhance customer experience. Chandra gives insight into what three factors are driving his business, first being the “drive towards very, very cheap stuff” countered by the desire to have value, quality, and sustainability. “The second thing is, I think. the simplicity of platform is helping, what we’ve done, what other platforms have done, making shipping, selling protections, all of that, is really, really simple. The third thing in […]
President Biden announced a $162 million investment into expanding Microchip Technology’s (MCHP) domestic chip factories based in Colorado and Oregon. Yahoo Finance anchors Madison Mills and Seana Smith discuss how heavily investments into semiconductors will play in strengthening the cyber-side of national defense. 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
Earnings season is set to begin on Friday, January 12, when companies including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Delta Air Lines (DAL), and UnitedHealth (UNH) report their quarterly results. Regional banks tend to report early in the cycle. Wedbush Securities Managing Director David Chiaverini joins Yahoo Finance to give a preview. Chiaverini argues that when the Federal Reserve starts cutting rates, it will be a positive for the regionals. However, he says that though the recent rally in regional banks stocks is “warranted,” he thinks “upside is going to be limited, because I’m not expecting the Fed to be cutting as soon as what the […]
The United States’ domestic oil production has excelled to a record high while becoming one of the biggest gas exporters. Yahoo Finance Senior Columnist Rick Newman details the state of US energy under the Biden administration while global energy markets contend with disruptions tied to Red Sea conflicts and OPEC+ production cuts. #yahoofinance #stockmarket #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 […]
Stocks (^DJI, ^IXIC, ^GSPC) have gotten off on the wrong foot, trading lower in the first trading days of 2024 following 2023’s rally highs. John Hancock Investment Management Co-Chief Investment Strategist Emily Roland attributes this early market environment to the anticipation of interest rate cuts made by the Federal Reserve, calling it a “dry January.” “We’ll want to see continued disinflation in the pipeline and then of course earnings — last year was unbelievable just to see that earnings didn’t matter much, even the macroeconomic data wasn’t all that helpful,” Roland tells Yahoo Finance about data points to watch, including Friday’s jobs report data. #youtube #stockmarket #investing About Yahoo Finance: […]
Yahoo Finance anchor Rachelle Akuffo spoke with Levi Tillemann, Author of The Great Race: The Global Quest For The Car Of The Future, about the competition heating up between EV makers BYD and Tesla. Tillemann also spoke about how government policy plays a significant role in EV adoption in both China and the United States. #Tesla #youtube #yahoofinance 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) – […]
A new survey from JPMorgan Chase reveals a drop in business leaders’ fears of a recession in 2024. The report showed 40% of mid-sized business leaders anticipate a recession in 2024, down from 65% last year. JPMorgan Commercial Banking Head of Research Ginger Chambless joins Yahoo Finance to discuss their recent survey and how business leaders view the current status of the economy. “What came out of the survey is that there is 86% of mid-size business leaders expect to maintain or add headcount in 2024,” Chambless explains. “So, that’s still a pretty high number, and I think it speaks to the idea that businesses are still looking to add […]
About Yahoo Finance: Yahoo Finance anchors Rachelle Akuffo and Jared Blikre report on Apple’s second downgrade this week from Piper Sandler to Neutral and the tech giant losing $129 billion in market cap. #Apple #tech #youtube 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
Apple (AAPL) gets hit with another downgrade this week, the iPhone maker’s second since the start of 2024. Piper Sandler analysts downgraded Apple stock from “Overweight” to “Neutral” amid concerns about the tech giant’s iPhone inventory levels. Yahoo Finance Markets Reporter Jared Blikre breaks down Piper Sandler’s note and how remnants of 2023 themes are lingering around Apple and the tech industry at large so far in 2024. 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 […]
With inflation beginning to cool but many economic headwinds on the horizon, many on Wall Street are still debating as to when the Federal Reserve will begin to cut rates. Recent comments from Fed leadership continue to throw doubt on the Fed’s next moves. Vanguard Chief Economist & Global Head of Portfolio Construction Roger Aliaga-Díaz joins Yahoo Finance to discuss what are the conditions that need to be met for the Fed to make interest rate cuts and the possibility of where the economy might land. Aliaga-Diaz claims the Fed needs “to see inflation in a sustained path downwards. This is difficult to think it will continue without further softening […]
