Archive List for Money

Apple will pull Watch 9, Ultra 2 from US stores by Dec. 24

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yahoo finance

Apple (AAPL) is set to comply with a recent ruling in an intellectual property dispute with medical firm Masimo—removing Apple Watch 9 and Ultra 2 from US stores by December 24th, and online, December 21st. What impact will this pull have on the tech giant? CFRA Research Senior Equity Analyst Angelo Zino joins Yahoo Finance Live to weigh in. Zino notes that despite the Apple Watch being the “bread and butter” for Apple during the holiday season, overall, the impact will be minimal. Zino expect a 2% negative impact on revenue, stating that this pull is “not something you want to see if you’re an investor, but nonetheless its something […]

Tesla vehicles were involved in more accidents than any other brand from Nov 2022- Nov 2023: Report

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yahoo finance

According to a new report from LendingTree, Tesla (TSLA) vehicles were involved in accidents at a higher rate than any other auto brand over the past year. Drivers of the EV were reportedly in 24 accidents per every 1,000 drivers. Yahoo Finance’s Akiko Fujita and Rachelle Akuffo break down the details. #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) – Follow Yahoo Finance on […]

Crypto riding ‘perfect storm’ of tailwinds heading into 2024: Fundstrat Global Advisors VP

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yahoo finance

Bitcoin (BTC-USD) shoots above $43,000 on Wednesday while US regulators continue to have conversations centered around the crypto space. Fundstrat Global Advisors VP of Digital Asset Strategy Sean Farrell outlines what the Federal Reserve’s expected monetary policy in 2024 could mean for cryptocurrencies and the likelihood of the Securities and Exchange Commission (SEC) approving a spot bitcoin ETF.”We have obviously… an ETF approval that is anticipated to come within a few weeks, which… I think should bring in a new cohort of investors into the fold, increase flows into digital assets,” Farrell says. #stockmarket #bitcoin #crypto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management […]

Real estate 2024: Economists break down how lack of supply and mortgage rates will impact market

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yahoo finance

U.S. existing home sales squeaked past November forecasts, rising 0.8% for the month and bringing the seasonally adjusted annual rate to 3.82 million units sold. As much as the housing market needs fresh, first-time buyers to participate, inflated prices and elevated mortgage rates could still be squeezing prospective buyers from making a purchase. National Association of Realtors (NAR) Chief Economist Lawrence Yun and Middleburg Communities Chief Economist Brad Case join Yahoo Finance Live anchors Brad Smith and Brooke DiPalma to weigh in on home price trends to expect in 2024 and beyond. Yun notes that mortgage rates have come down, which will bring more buyers but insists home sales performance […]

S&P 500 at most overbought level since September 2020, here’s what it could mean for investors

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yahoo finance

Stocks have rallied to reach their most overbought level in over three years. Yahoo Finance Market Reporter Jared Blikre examines the S&P 500 (^GSPC) as compared to the Magnificent Seven tech stocks, the S&P’s equal-weighted counterpart, and small-cap stocks in the Russell 2000 (^RUT) #stockmarket #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) – 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 […]

Mild recession is likely in 2024, strategist says

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yahoo finance

Inflation is cooling and Federal Reserve policymakers are indicating that there are rate cuts to come in 2024. But Wall Street is still at odds as to how the economy will shape up next year. Matt Stucky, Northwestern Mutual Wealth Management Senior Portfolio Strategist, joins Yahoo Finance’s Josh Schafer and Brad Smith to discuss his predictions and how he believes investors should remain cautious. Stucky lays out his reasons for rate cuts: “Typically when the Fed cuts, they don’t cut 25 basis points at a time. They tend to cut in response to economic weakness. It wouldn’t be surprising for us to see something chunkier than what the market is […]

Musk-Iger feud: Tesla removes Disney+ app from cars

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yahoo finance

Tesla (TSLA) has reportedly removed the in-car Disney+ app (DIS) from its EVs amid CEO Elon Musk’s ongoing feud with Disney CEO Bob Iger, according to Electrek. Yahoo Finance’s Pras Subramanian, Josh Schafer, and Alexandra Canal break down the news and Musk’s recent rocky relationship with Iger. 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 […]

FedEx falls short of Q2 earnings estimates

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yahoo finance

FedEx (FDX) shares slide lower in the after-hours trading session after the courier missed on second-quarter earnings estimates, falling short on the top and bottom lines. Yahoo Finance’s Julie Hyman and Josh Lipton take a closer look at the postal operator’s latest earnings figures and weigh in on FedEx’s leadership comments on its outlook. 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 […]

Buy Alphabet, skip Adobe: Good Buy or Goodbye

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yahoo finance

Too many investors to count are talking about the Magnificent Seven tech stocks that have been dominating the S&P 500 (^GSPC). All of these companies have turned their attention to another ever-present topic that has dominated Wall Street this year: AI. In the latest edition of “”Good Buy or Goodbye,”” Defiance ETFs CEO and CIO Sylvia Jablonski joins Yahoo Finance to wade through the buzz and focus on which companies may have better success than most with artificial intelligence. Jablonski labels Alphabet (GOOG, GOOGL) as a “”Good Buy”” for 3 reasons: It’s cheaper than the other Magnificent Seven stocks, it has a great potential revenue stream from Gemini AI, and […]

Homebuilding is the ‘only game in town’ come 2024

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yahoo finance

A bounce in homebuilder sentiment as 2023 comes to a close along with tailwinds of both moderating mortgage rates and still-recovering housing supply is laying the foundation for a strong homebuilding market in 2024, according to NAHB CEO Jim Tobin. With fewer homeowners willing to upgrade amid low mortgage rates, Tobin sees homebuilding as “the only game in town” right now. Tobin notes this demand/supply mismatch creates opportunity for builders to ramp up construction, eyeing 4-5% homebuilding growth in 2024 as the Federal Reserve signals potential rate cuts. However, Tobin still cautions that headwinds persist from construction labor markets being “consistently underemployed.” About Yahoo Finance: Yahoo Finance provides free stock […]