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, […]
High inflation and rising interest rates took their toll on consumer spending this year, though there were some spending trends that stand out more than others. Placer.ai Head of Analytical Research R.J. Hottovy says there are a few retail trends that will carry into 2024. One is experiential spending, saying “experiences were one of the key categories of growth last year… the halo effect that that had on the retailers was absolutely phenomenal,” using the Taylor Swift “The Eras Tour” and the “Barbenheimer” phenomenon as examples. He adds that the trend has extended to restaurants as well, with people seeking new dining experiences. Another trend Hottovy is watching is the […]
The presidential election and recession risks are several of the topics at the top of Americans’ minds for 2024, according to poll answers from Yahoo Finance readers and viewers. Yahoo Finance Senior Columnist Rick Newman talks about the poll results, including the outlook on the presidential race between President Biden and Republican frontrunner Donald Trump. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 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 […]
