Archive List for Markets

UAW expands strike to 6,800 Stellantis workers in Michigan

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United Auto Workers (UAW) organizers have expanded their strike to Stellantis’ (STLA) pickup truck plant in Sterling Heights, Michigan. 6,800 workers will reportedly stage a walkout and join the picket lines. This comes after UAW President Shawn Fain’s message that the union still has “cards left to play” in labor negotiations in a Facebook Live video from Friday, October 20. Yahoo Finance Live anchors Seana Smith and Brad Smith report on the effects these prolonged strikes could have on Stellantis pickup truck production and for the other Big Three automakers’ — Ford (F) and General Motors (GM) — top and bottom lines. For more expert insight and the latest market […]

Sam Bankman-Fried weighs taking the stand in

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yahoo finance

FTX Co-Founder Sam Bankman-Fried’s fraud trial is set to resume on Thursday, October 26. With prosecutors expected to rest their case after a series of testimonies from SBF’s inner circle, all eyes are on the former crypto CEO on whether he will take the stand to testify. Yahoo Finance Legal Reporter Alexis Keenan reports on what to expect for Thursday and the defense’s possible next moves. 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 #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, […]

Foxconn faces tax audit, land use investigation from China

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Apple (AAPL) iPhone manufacturer Foxconn Technology (2354.TW) is facing a tax audit and a probe into its land use by the Chinese government. Yahoo Finance Tech Editor Dan Howley details the news surrounding the Taiwanese company as more Big Tech companies seek to expand their supply chains outside of China. 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 #Foxconn #China #youtube 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 […]

Breaking down Jamie Dimon and Elon Musk’s comments on economy and why investors should pay attention

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yahoo finance

Several top U.S. CEOs — including JPMorgan Chase’s (JPM) Jamie Dimon and Tesla’s (TSLA) Elon Musk — are becoming increasingly more concerned about the state of the U.S. economy and higher interest rates pressuring consumers. Yahoo Finance Executive Editor Brian Sozzi highlights the areas where Americans are feeling the most distressed in terms of affordability and how trends in tech have been influencing the direction of recent market rallies. Sozzi also previews the Yahoo Finance Invest conference — airing live all day on November 7 — and the top guest interviews expected from the event. For more expert insight and the latest market action, click here to watch this full […]

Amazon remains the top choice for Millennials and Gen Z consumers looking to cut spending

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yahoo finance

Millennials and Gen Z consumers present a multi-billion dollar market that increasingly more brands are trying to appeal to through social media, where a TD Cowen report found most of them are finding value in their purchasing power. John Kernan, TD Cowen Managing Director of Retail and Consumer Brands, joins Yahoo Finance anchors Akiko Fujita and Rachelle Akuffo to discuss these generations’ spending habits, how they’ve changed over time, and how certain companies have utilized their digital presence to capture their attention. “Inflation and interest rates have skyrocketed. It’s changed the economy fundamentally and it’s changed consumer budgets. It has changed comfort levels, it’s changed animal spirits in terms of […]

HPE CEO discusses 2024 outlook, says AI has as much potential as internet and smartphones

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Hewlett Packard Enterprise (HPE) is leaning harder into its artificial intelligence commitments, viewing the industry as a $150 billion opportunity over the next three years alone. HPE CEO and President Antonio Neri sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the AI infrastructure the company is building up to keep up with customer demand. “AI is moving much faster than the previous two cycles, whether it was the mobility access that everybody got or Web 1.0,” Neri says, also commenting on employment concerns surrounding AI: “It provides the ability, for this generation, to learn in different ways and to do more value-added in their jobs,” Neri says […]

What Microsoft-Activision deal means for the future of gaming

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Microsoft (MSFT) has gone through with its $69 billion acquisition of game developer Activision Blizzard (ATVI), bolstering the tech giant’s already sizable occupancy in the gaming landscape. Yahoo Finance Tech Editor Dan Howley highlights what the monumental deal to offer Microsoft in the PC gaming landscape and future cloud gaming prospects, and how the company can capitalize on Activision’s mobile gaming segment. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #Microsoft #yahoofinance 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 […]

Amazon pharmacy delivering medications via drone

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Amazon Pharmacy (AMZN) is testing a new delivery method. Customers in College Station, Texas can now get their prescription delivered via drone if they’d like. Yahoo Finance’s Josh Schafer, Madison Mills, and Alexandra Canal discuss why it may make a difference for retail pharmacies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #Amazon #yahoofinance 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 […]

Google bets big on India, with smartphone manufacturing beginning with Pixel 8 in 2024

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Google (GOOG, GOOGL) plans to begin the manufacturing of its Pixel 8 smartphone in India plants in 2024. Yahoo Finance Tech Editor Dan Howley highlights the announcement and Google’s goals for for getting a foothold with manufacturers outside of China. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #yahoofinance #youtube #Google 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 […]

Individual investors ‘worried’ about the stock market: Survey

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Third-quarter earnings season is officially underway. But will the results be strong enough to turn investor sentiment around? According to a sentiment survey from Investopedia, 43% of investors say they are “”worried”” about the stock market. Investopedia Editor-in-Chief Caleb Silver joins Yahoo Finance to break down the survey and why individual investors seem skittish about investing lately. When asked about how investors are feeling, Silver uses data from Investopedia to explain sentiment: “”A lot of people are still looking for best CD rates, a lot of people are also looking for ways to tap cash, whether that’s the best personal loan or best cash advance cards. We hate to see […]