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SAG-AFTRA, Studios reach tentative agreement

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After 118 days of strikes, the Screen Actors Guild‐American Federation of Television and Radio Artists (SAG-AFTRA) has reached a tentative deal with major Hollywood studios valued at $1 billion. The union had been fighting for improved working conditions, protections against misuse of artificial intelligence, and increased residuals for streaming projects. Specific terms of the deal will be made public on Friday pending ratification by the SAG-AFTRA national board. The lengthy strikes had disrupted film and TV production, impacting Los Angeles’ economy. Yahoo Finance senior reporter Alexandra Canal analyzes how the approval of this deal could get Hollywood back on track. For more expert insight and the latest market action, click […]

Why Apple could make a run for a 52-week high

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The rally in the S&P 500 (^GSPC) could “have some legs” if the US 10-year yield (^TNX) falls below 4.5%, according to Freedom Capital Markets Chief Global Strategist Jay Woods. One of the stocks that has been carrying the S&P 500 is Apple (AAPL). Woods says that Apple could reach new 52-week highs based on the stock’s recent price action. 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 stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that […]

Apple may have to pay $14 billion tax bill to Ireland

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Apple (AAPL) may have to pay $14 billion dollars in back taxes to the country of Ireland after advisors to the European Union’s highest court claims the court should re-evaluate a 2020 decision to squash the money owed, claiming legal mistakes made by the court as grounds for the re-evaluation. Yahoo Finance Tech Editor Dan Howley joins the Live show to break down this development and the background for the massive tax bill. 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 stock quotes, up-to-date […]

Gold: Morgan Stanley says it is a good time to buy, here’s a breakdown of the price moves

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Gold (GC=F) is under pressure after nearly reaching the $2,000 mark. A big buyer of gold has been central banks and it is possible that, in 2023, those purchases could exceed those from last year. Yahoo Finance’s Jared Blikre deep dives into recent history of purchasing trends of central banks and the possible impact of the Mideast conflict on the market.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 stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that […]

Grand Theft Auto 6 news pushes Take-Two stock higher

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Take-Two Interactive (TTWO) stock extends its gains surrounding its new announcement on the long-awaited Grand Theft Auto VI while also reporting fiscal second-quarter earnings. Michael Pachter, Wedbush Securities Managing Director of Equity Research, explains how the stock continues to react to the slightest detail on the next Grand Theft Auto installment and whether it is all hype or not at the moment. “The biggest problem investors have with Take-Two is lack of visibility,” Pachter tells Yahoo Finance on the developer’s history of teasing this title. “The stock is not trading on yesterday’s print or the hype around upcoming titles. It’s solely up on GTA, it’s going to have a trailer […]

Nvidia planning to release 3 new chips for China

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Nvidia (NVDA) shares climbed after reports that the chipmaker plans to release three new AI chips specifically for China. This follows Nvidia announcing last month that new export restrictions may prevent it from selling its top AI chips in China. Nvidia currently dominates China’s AI chip market with over a 90% share. These alternative AI processors aim to comply with regulations. Yahoo Finance’s Tech Editor Dan Howley discusses the new China-exclusive chips Nvidia is reportedly creating to bypass trade limits on its AI semiconductors, providing insights on other tech firms affected by heightened export controls to China. For more expert insight and the latest market action, click here to watch […]

Stock market outlook: Interest rates, risk, and opportunities

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At the Yahoo Finance Invest conference, DoubleLine’s Jeffrey Gundlach said that the Magnificent Seven would be “the worst performers in the upcoming recession.” But eToro U.S Investment Analyst Callie Cox says they are “leaning in” to those stocks due to their durability and ability to perform during a recession. Cox notes investors recession fears have been in the market for so long, that investors have had time to prepare for a potential downturn. 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 […]

Bitcoin climbs to 18-month high on renewed ETF hopes

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Bitcoin (BTC-USD) surged past $37,000 early Thursday, its highest level in 18 months. The cryptocurrency’s gains come amid speculation that the SEC may finally approve a spot bitcoin ETF. Yahoo Finance Senior Reporter Jared Blikre analyzes the factors behind bitcoin’s rise, observing patterns in other cryptocurrencies as the digital asset market aims to stage a recovery from recent crashes. 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 #crypto #bitcoin 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 […]

Disney earnings: What CEO Bob Iger is prioritizing

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Disney (DIS) published mixed fiscal fourth-quarter earnings on Wednesday, with revenue narrowly missing estimates under CEO Bob Iger’s new reporting structure for the media company’s segments. Iger is juggling a litany of tasks, from hiring a new CFO this week to staving off a proxy fight with activist investor Nelson Peltz, and managing a $7.5 billion cost-saving strategy. Yahoo Finance Entertainment Reporter Alexandra Canal details what Iger is prioritizing, as stated in Disney’s earnings call, and how the Hollywood actors’ strike weighed on Disney and other studios. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo […]

Stock market news today: Nasdaq, S&P 500 extend longest win streaks since 2021 | November 8, 2023

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#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com The S&P 500 and Nasdaq eked out gains Wednesday, narrowly continuing Wall Street’s red-hot run of gains, as investors digested a fresh batch of corporate earnings amid a quiet week on the economic calendar. The S&P 500 (^GSPC) closed up 0.1%, extending its winning streak to eight days, the longest for the benchmark index since 2021. The Nasdaq Composite (^IXIC) also rose around 0.1%, continuing its own streak for the ninth straight session. The Dow Jones Industrial Average (^DJI) came in around 0.1% lower. Words of caution […]