Archive List for NYSE

It was a whirlwind weekend at OpenAI after the board ousted CEO Sam Altman on Friday, which led to pleas from employees and investors to bring him back, only for him to join Microsoft (MSFT) early Monday morning after talks for him to return the company failed. RBC Capital Markets Software Equity Analyst Rishi Jaluria says the move is “a huge coup for Microsoft,” and that bringing Altman on board is “really the best-case scenario for Microsoft given everything that transpired since Friday.” As for what the move means for the Microsoft-OpenAI relationship, Jaluria expects the two companies to continue to work together, but it “remains to be seen” if […]

In the Yahoo Finance series NEXT, Yahoo Finance anchor Allie Garfinkle travels to Matteson, Illinois, and Boston, Massachusetts, for an exclusive look at the future of Amazon’s warehouses, where the e-commerce giant is building and deploying its next generation robots. Amazon’s robotics have become the center of the company’s strategy to fulfill the pledge it makes to you, me, and anyone with a Prime membership — lightning fast delivery. These robots are mission-critical — the company is betting they will be the edge they need to corner online retail and improve margins. Amazon (AMZN) today operates at a scale that was unthinkable in the 1990s, when Jeff Bezos was mailing […]

2023 has seen the lowest volume in mergers & acquisitions deals since 2020, according to Bloomberg Law. A variety of factors make up this year’s uncertainty, but could there be another reason for declining M&A activity? Solomon Partners CEO Marc Cooper joins Yahoo Finance to discuss the current status of the M&A landscape and what the future of corporate mergers could look like heading into next year. “I am cautiously optimistic that things will open up next year… I can see our own volume picking up, our own backlog picking up. Certainly, when it comes to the private equity community, they have to get back in the marketplace and return […]

Sam Altman was reportedly fired as OpenAI CEO after losing the confidence of the artificial intelligence firm’s board of directors. Yahoo Finance’s Julie Hyman and Josh Lipton review Altman’s role in 2023’s AI hype cycle and what this news could mean for the AI landscape. 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 […]

With Treasury yields and mortgage rates dropping concurrently, as well as recent inflation data suggesting a possible soft landing for the US economy, questions arise for many Americans as to whether or not they should re-enter the housing market. While home builders have seen an increase in activity, housing inventory still remains low as many homeowners are content with previous lower fixed rate mortgages below 5% as well as existing housing prices remaining high. Yahoo Finance Reporters Dani Romero and Jennifer Schonberger join the Live show to discuss the current state of the economy and the housing market, giving insights as to how Americans should frame these recent economic developments. […]

An economic narrative of a soft landing continues to gain traction after October’s cooling CPI report, though uncertainty persists around US growth prospects. NewEdge Wealth Senior Portfolio Manager Ben Emons sees encouraging signs of rebalancing that point to a continued interest rate pause by the Fed. Emons notes key inflation factors like rent are beginning to return to pre-pandemic levels. He tells Yahoo Finance that the Fed is neither cutting nor hiking rates further amid moderating price increases, and markets are normalizing. Retail earnings, from companies such as Walmart (WMT), are anticipating deflationary relief for consumers this holiday season. However, Emons says calls for Fed cuts don’t always point to […]

Bank of America Analyst Michael Hartnett (BAC) is advising investors to sell risky assets after the recent rally in the stock market, citing mounting technical and economic headwinds as a reason to be cautious. Stocks have rallied on falling oil prices and cooling inflation data that raises the hope the Federal Reserve may be done raising rates. Yahoo Finance Reporter Madison Mills joins the Live show to discuss the note and what it means for investors. 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 About Yahoo Finance: At Yahoo Finance, you get free […]

International Business Machines (IBM) has decided to suspend advertising on X (formerly Twitter.com) after an independent watchdog organization alerted IBM to anti-semitic posts that were next to an advertisement on the social media platform. X CEO Linda Yaccarino nor Elon Musk have yet to comment on the specific situation with IBM. 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 #X #elonmusk 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. […]