Oppenheimer & Co Analyst, Hartaj Singh, recently upgraded Moderna (MRNA) shares to “Outperform,” with a price target of $142 per share. News of the upgrade has caused shares of the stock to trade over 13% higher on Tuesday. Hartaj Singh joins the Live show to discuss why he upgraded the stock and take a deeper dive into Moderna’s performance going forward. Singh explains that with he expects Covid-19 demand to be bottoming, adding that “if you believe that Covid-19 vaccine sales have… hit a bottom going forward, that essentially funds their pipeline and that pipeline is very important… there are some material catalysts that are coming.” #Moderna #stockmarket #youtube About […]
2024 may turn out to be a strong year for travel demand, potentially breaking pre-pandemic records. Airlines stand to capitalize, making them a viable option for investor portfolios. Citi Managing Director and Equity Analyst Steve Trent joins Yahoo Finance’s Julie Hyman for the latest edition of Good Buy or Goodbye where he provides insight into the investment outlook for the travel industry for 2024. Trent states his “Good Buy” is Delta Air Lines (DAL). Its loyalty program is robust, with an already large customer pool, that makes up a sizable piece of Delta’s revenue. Trent argues that Delta has one of the strongest brands against other airlines, citing success despite […]
Torsten Slok, Apollo Global Management Chief Economist spoke to Yahoo Finance anchors Julie Hyman and Josh Lipton to discuss potential risks to markets in 2024 that investors should be aware of. With many economic headwinds to weather in 2024, questions arise around the status of consumer spending going forward. Slok explains that consumers are beginning to run out of excess savings which is leading to decreased spending, plus the combination of mortgage rates and resuming of student loans which could be a significant blow to consumer spending. “At the same time, because of the Fed deciding to turn more dovish and the market interpreting that in a more dovish way, […]
The high-flying ‘Magnificent Seven’ mega-cap tech stocks that powered markets in 2023 seem poised to extend their leadership in 2024. According to FactSet data, six of the seven including Microsoft (MSFT) and Nvidia (NVDA) are projected to rise an average of 11% this year, with only a negative return seen for Tesla (TSLA). #tech #youtube #stockmarket Yahoo Finance’s Josh Lipton and Julie Hyman break down the details. 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 […]
Emerging markets (EEM, EMXC) are trending down on the first trading day of 2024 as Chinese markets have had one of its worst starts to a year since 2019. Last month, China injected a stimulus of $50 billion into banks hoping to send some momentum into its economy. Yahoo Finance’s Jared Blikre joins the Live show to discuss what is going on with Chinese markets and how emerging markets could play out going forward. #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 […]
Tesla (TSLA) topped EV delivery estimates for fourth-quarter 2023, reporting a total of 484,507 for the quarter and nearly 1.81 million for the year. Yahoo Finance Autos Reporter Pras Subramanian breaks down Tesla’s EV delivery and production figures for 2023, and how the Texas-based manufacturer competed with Chinese EV makers like BYD (BYDDY) in 2023. #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) – […]
Bitcoin (BTC-USD) prices surpassed $45,000 in the early morning hours of Tuesday. This marks the first time the cryptocurrency has stood above this benchmark since April 2022. Yahoo Finance Senior Reporter Jared Blikre examines bitcoin’s performance on the first trading day of 2024 and over the past year. About Yahoo Finance: #bitcoin #youtube #stockmarket 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 […]
Barclays analysts downgraded Apple (AAPL) stock to “Underweight” and lowered its price target to $160 per share — shaving off only $1 — over weakening iPhone 15 demands. Yahoo Finance Live examines Barclays Senior Analyst Tim Long’s note on the devices’ features as Apple shares slide lower during Tuesday morning’s pre-market trading session. #stockmarket #youtube #Apple 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 […]
As the Federal Reserve’s interest rates and inflation outlooks appear more hopeful heading into 2024, Wall Street seems to have misfired on certain calls this year. Yahoo Finance’s Madison Mills breaks down the top three biggest themes and forecasts Wall Street got wrong in 2023, including calls for a recession, bearish sentiments, and China’s economic recovery. #China #recession #stockmarket 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) […]
As non-alcoholic beverages gain steam, Drizly’s Head of Consumer Insights Liz Paquette joined Yahoo Finance Live to discuss the accelerating trend. She notes non-alcohol purchases on the platform are up 62% in 2023, cementing “a trend that is here to stay” after rapid growth. Paquette believes ongoing post-pandemic socialization will continue driving demand. With drinking often tied to hosting and celebrations, consumers want options. She highlights non-alcoholic beer as the top performer in the broader non-alcohol category, while spirits alternatives are starting to find traction as well. Paquette notes that consumers are seeking value, saying it’s “critically important for purchase.” About Yahoo Finance: Yahoo Finance provides free stock ticker data, […]
