Archive List for News

S&P 500 will outperform its 10% long term average in 2024, tech will be a leader: Paul Meeks

The tech sector was certainly the top sector for 2023 with nonstop talks of the Magnificent Seven and AI. However, as markets opened in the new year, the tech sector saw a bit of a sell-off alongside a choppy market start for 2024. Is this a sign of things to come? The Citadel Finance Professor Paul Meeks joins Yahoo Finance to give insight into the markets and the tech sector moving forward in 2024. “I don’t think we have a fundamental issue. I think the drivers — including the most important driver, artificial intelligence — are still intact as we roll into 2024. But, we simply have come too far […]

How December jobs results could impact Fed’s decision to cut rates

December’s jobs report came in hotter than expected with the US adding 216,000 jobs, defying predictions of a cooling labor market. The surprise strength of wages and hiring comes ahead of the Federal Reserve’s interest rate cuts anticipated for 2024. Yahoo Finance’s Jennifer Schonberger analyzes December’s upside employment surprise, discussing the Fed’s predicament as labor resilience challenges the disinflation narrative underpinning imminent rate relief. 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 […]

U.S. added 216,000 jobs in December, unemployment rate unchanged

The US added 216,000 jobs in December, as reported by the Bureau of Labor Statistics, coming in significantly higher than previous estimates of 175,000 and Wall Street’s own economic forecasts. ADP Chief Economist Nela Richardson and Wolfe Research Chief Economist Stephanie Roth sit down with Yahoo Finance to go over December’s jobs print and if results are already falling in line with the Federal Reserve’s outlook for 2024. “Our base case has been that the Fed is going to cut in Q2, I think March is a bit early,” Roth says. “I think that still puts that in play. the report was a bit interesting.” “Now we see a resurgence […]

Small Cap stock investing opportunities in 2024

With 2024 well under way—and investors ready to go— a lingering question from 2023 remains: will small caps outperform in 2024? Boyar Research President Jonathan Boyar joins Yahoo Finance Live anchors Seana Smith and Madison Mills to weigh in on what investors should consider. Boyar encourages looking at “hidden assets”-small caps which appear to be the cheapest stocks in terms of valuation. For the retail investors, Boyar states that the process is not as complex as it may seem “its a case by case basis, there’s no magic formula. Its just doing your homework.” #stockmarket #youtube #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio […]

13-year-old becomes first person to defeat Tetris

13-year-old Willis Gibson made history by becoming the first person to ever defeat the 33-year-old game Tetris. The teenage prodigy scored so high that the game could no longer function. NBC News’ Steve Patterson shares more on the game-breaking victory. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. […]

Las Vegas judge attacked in courtroom by convicted felon after sentencing him to prison

A judge in Las Vegas was attacked in court by a man she was sentencing to prison. The incident is shedding light on security threats that judges across the country are facing. NBC News’ Liz Kreutz has more details. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect […]

Poshmark: CEO talks explosive success of return resale: ‘We saw a gangbusters holiday season’

Resale platforms have exploded in popularity over the last few years. Manish Chandra, Poshmark CEO, joins Yahoo Finance to discuss the driving factors behind the number of resale listings on the platform as well as how the platform is utilizing tech to enhance customer experience. Chandra gives insight into what three factors are driving his business, first being the “drive towards very, very cheap stuff” countered by the desire to have value, quality, and sustainability. “The second thing is, I think. the simplicity of platform is helping, what we’ve done, what other platforms have done, making shipping, selling protections, all of that, is really, really simple. The third thing in […]

Newly unsealed documents reveal Jeffrey Epstein’s relationships with powerful people

Hundreds of pages of old court records related to Jeffrey Epstein have been unsealed, providing insight into his relationships with a wide network of people. Some powerful politicians and celebrities, not accused of any crimes themselves, are mentioned in the documents. NBC News’ Laura Jarrett reports. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments […]

U.S. airstrike kills leader of Iranian-backed militia in Baghdad

An American airstrike killed the leader of an Iranian-backed militia in Baghdad. A senior U.S. defense official called it a “precision strike” on his vehicle. Iraq is furious, saying the assassination breaks agreements it had with Washington. NBC News’ Keir Simmons has the latest on the tensions. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and […]

Biden to invest $162M in domestic Microchip factories

President Biden announced a $162 million investment into expanding Microchip Technology’s (MCHP) domestic chip factories based in Colorado and Oregon. Yahoo Finance anchors Madison Mills and Seana Smith discuss how heavily investments into semiconductors will play in strengthening the cyber-side of national defense. 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 Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance