Apple (AAPL) reported fiscal fourth-quarter results that topped Street expectations. The tech giant reported earnings per share of $1.46 compared to estimates of $1.39 and revenue of $89.50 billion versus estimates of $89.35 billion. The results got a boost from better-than-expected iPhone sales and its services segment. Greater China sales missed analyst estimates, however. Tom Forte, D.A. Davidson Managing Director and Senior Research Analyst, discusses Apple’s earnings results ahead of its earnings calls and the challenges the iPhone maker is seeing in device sales and China. “The 2% decline in China is a concern and China is about 20% of revenue for Apple,” Forte tells Yahoo Finance. “But, again, investors […]
The FTX trial against Sam Bankman-Fried is beginning to wrap up as the jury deliberations are underway. The prosecution has finished their cross-examination of SBF, to which some courtroom attendants have reported that it is looking incredibly tough for the defense. Zeke Faux, Bloomberg Investigative Reporter and Number Go Up Author, joins Yahoo Finance to share his observations on the trial, describing the prosecution as “basically going for almost bonus points here, where they’re trying to argue that even if you only listen to the words of Sam Bankman-Fried, that itself is enough to convict.” For more expert insight and the latest market action, click here to watch this full […]
On the backdrop of rising Treasury yields and a chance the Fed could raise interest rates one last time in 2023, new opportunities are blooming in once-lagging sectors. Ameriprise Financial Private Wealth Advisor Nancy Daoud explains the areas and stocks she is advising clients on investing in. “As far as opportunity, we always look for what has taken the biggest hit,” Daoud says. “So, I see opportunity in small-cap stocks because they’re down significantly, have not performed as well as large cap, but with a great deal of caution and risk appetite check…” For more expert insight and the latest market action, click here to watch this full episode of […]
In an exclusive interview with Yahoo Finance, JPMorgan Chase CEO Jamie Dimon says that, when it comes to geopolitics, U.S. political turmoil has “created a certain amount of uncertainty that I wish we hadn’t.” Eurasia Group Founder and President Ian Bremmer weighs in, saying that for global economic stability, “the United States has to not just display power, but has to display credibility, and that is the challenge.” Bremmer says the U.S. isn’t viewed as the democratic leader that it used to be, arguing that a big reason for that is “Americans increasingly don’t know what their country stands for. Americans increasingly don’t believe in their own political leaders… the […]
Renewable energy companies are particularly struggling while facing a heavy hand of economic headwinds, volatile markets, and higher for longer interest rates. These pressures have squeezed solar energy stocks over the past couple of quarters as consumers appear less inclined to spend on solar installations. In addition, California — the biggest U.S. market for solar panels — cut down on solar panel incentives earlier this year. Yahoo Finance Reporter Ines Ferre joins the Live show to discuss how this sector of the market is hurting and what this means for electricity prices going forward. For more expert insight and the latest market action, click here to watch this full episode […]
Treasury yields continue their slide lower Thursday morning after the Federal Reserve announced an interest rate pause coming out of its November FOMC meeting. Yahoo Finance’s Jared Blikre analyzes the drop in bond yields, providing insights into the state of the stock market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #yahoofinance #stockmarket 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 help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo […]
Palantir (PLTR) stock rose nearly 20% Thursday morning after the company updated its fourth-quarter guidance due to an increased demand for its AI platform. Revenue for Palantir’s third quarter increased 17% year-over-year to $558 million with the company raising fourth-quarter expectations to $599-$603 million. Yahoo Finance Anchors Brad Smith and Diane King Hall break down the numbers for Palantir and how the company will fare going forward. 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 […]
Yahoo Finance anchors Julie Hyman and Josh Lipton break down the Q3 earnings report for Zillow and weigh in on the recent ruling where a jury in Missouri found realtors liable for inflation commissions. 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 help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio […]
CVS Health (CVS) reported positive results on both revenue and earnings, beating third quarter estimates. Meghan Fitzgerald, Columbia University Healthcare Policy Professor and founder and CEO of Grey Ghost Advisors joins Yahoo Finance Live to take a closer look at the numbers and the company’s future performance. Fitzgerald states that this is “not a surprise”, noting a “predictable record of beating estimates” due to expansion of services—including insurance and home healthcare. Fitzgerald sees the current strategy of the pharmacy is working, but does note the possibility of “modest outlook” for the rest of the year. For more expert insight and the latest market action, click here to watch this full […]
Smart TV creator Roku, Inc. (ROKU) sees its stock jump in after-hours trading on Wednesday after posting a third-quarter revenue beat, reporting $912 million against estimates of $859.9 million. Yahoo Finance’s Alexandra Canal, Pras Subramanian, and Josh Schafer review Roku’s earnings in the grand scheme of the TV and media content landscapes. 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 help you manage your financial life. Yahoo Finance […]
