Ford (F) has reached a tentative labor deal with striking United Auto Workers (UAW), agreeing to a 25% wage hike and cost-of-living adjustments among other stipulations. UAW President Shawn Fain characterized the deal as an “historic agreement” on day 40 of the union’s stand-up strike. Yahoo Finance Autos Reporter Pras Subramanian details what this could mean for the automaker ahead of Ford’s reporting third-quarter earnings on Thursday. 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 […]
Despite a third quarter earnings beat, Mattel (MAT) fell as its outlook implies slowing growth, post-Barbie. Analyst James Hardiman joins Yahoo Finance Live to weigh in on implications long term for the company. To remain in the proverbial game, Hardiman says the company needs revenue “”re-ignition”” to sustain momentum past the Barbie movie boost. 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 […]
Qualcomm (QCOM) announced a new AI chip — its Snapdragon Elite X — for Windows-operating laptops (MSFT). According to performance tests, the chip matches the peak performances of both Apple’s (AAPL) M2 chip and Intel’s (INTC) i9-13980Hx. The chip will make its debut next year, along with other new products announced at the Snapdragon Summit in Hawaii. Qualcomm CEO Cristiano Amon joins Yahoo Finance to discuss the new chip and what the company’s plans are moving forward in the mobile processing space. “”Our company has been very focused in diversifying and generating growth to other end markets for Qualcomm beyond mobile. If we look at what’s happening with the PC […]
Chinese e-commerce giant JD.com (JD) has tumbled 55% in 2023— China’s weak recovery, depressed consumer spending, and stiff competition are a few factors that have contributed to this decline.Watch the video above to find out why Wall Street remains optimistic —despite revenue woes. 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 Plus: With a subscription to Yahoo Finance Plus get […]
The Federal Reserve is widely expected to pause at its November meeting as part of its effort to achieve a soft landing for the U.S. economy. But State Street Senior Global Macro Strategist Marvin Loh has some concerns about the Fed’s data-dependent strategy. “”I think once they’ve [the Fed] has gone to this data-dependent route, they’ve really created a lot of risk, in terms of just how volatile and just how uncertain they are about how the economy is going to evolve. As a result, we’ve kind of seen… the longer part of the curve trade a bit unhinged relative to what we saw in the middle of the year […]
“Crude oil (BZ=F, CL=F) prices fell for a fourth-straight day as diplomats mitigate the fallout from escalations in the war between Israel and Hamas. In addition, a weekly report from the U.S. Department of Energy showed a positive turn in domestic oil supply with 1.372 million barrels, beating Wall Street expectations. Yahoo Finance Reporter Jared Blikre joins the Live show to break down the latest numbers crude oil figures and how the energy sector is reacting. 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 […]
“The Bank of Japan is anticipated to reverse its negative interest rate policy in 2024. Japan’s 10-year bond yields sit at 0.9% currently, becoming more enticing to domestic investors as rates normalize. Japanese buyers are the largest foreign holders of U.S. Treasuries and the Bank of Japan’s policy shift could prompt Japanese investors to restore money back into their home country’s bonds. If this occurs, it would reduce Japanese demand for Treasuries globally. Yahoo Finance’s Ines Ferre analyzes the potential challenges the Bank of Japan’s decision could have on Treasury yields globally, especially in the US. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free […]
Apple (APPL) is increasing prices for its streaming services, including a $3 price hike for Apple TV+ from $6.99 to $9.99 per month. Apple Arcade and Apple News+ subscriptions are also seeing immediate price increases. This is the second round of price hikes in the past year, following similar increases in October 2022. Yahoo Finance’s Seana Smith and Brad Smith discuss the trend across streaming platforms like Netflix (NFLX), Hulu, and Paramount+ (PARA), which have also raised prices to boost revenues amid rising costs. 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 […]
Nvidia (NVDA) stock dropped sharply after the U.S. imposed new restrictions on exporting AI chips to China earlier this month. However, investment bank IBBA is advising clients to buy the dip. In a note to investors, IBBA acknowledged the China headwind but believes the impact is already priced into Nvidia shares. IBBA set a $600 price target, representing a 40% upside from current levels. Yahoo Finance’s Seana Smith and Brad Smith discuss challenges Nvidia has faced and investor outlook on the company remaining a leader in advanced AI chip production. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. […]
Market uncertainties have emerged from multiple economic headwinds — escalating geopolitical conflicts, chaos in Congress, and expanding labor strikes, among others. Divergences between the stock and bond markets have investors second-guessing where they should focus their attention. BlackRock Global Fixed Income CIO Rick Rieder joins Yahoo Finance to give his insights on how to wade through the complexities of this new territory developing between stocks and bonds, and what the Federal Reserve’s next move may be to quell these emerging developments. 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 […]
