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Taylor Swift’s Eras Tour concern film premiered over the weekend, making and breaking monumental box office records. Yahoo Finance Entertainment Reporter Alexandra Canal joins Rachelle Akuffo to discuss what the Eras Tours’ box office performance could mean for movie theaters ahead of Beyoncé’s own Renaissance concert film premiere. 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 […]

Earning season is well underway with banks JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC) reporting solid results. Despite this, some bank executives are saying there is still cause for concern. JPMorgan Chase CEO Jamie Dimon warns of danger ahead and notes that the firm is preparing for a “broad range of outcomes.” Wall Street Journal Reporter Ben Eisen joins Yahoo Finance Live to break down the factors surrounding the protective measures some banks are taking. “”A lot of the bank executives are sort of signaling we’re at a crossroads at this point,”” Eisen states, noting consistent consumer spending and the downside of higher interest rates. Subscribe to Yahoo Finance: […]

JPMorgan has increased its estimates on how much the United Auto Workers strike will cost Ford (F) and General Motors (GM) per day as the strike continues. The firm has also estimated that the strike already cost both companies over $500 million each. In addition, EV maker Tesla (TSLA) is facing pressure from increased competition and unenthusiastic consumers. A poll from Yahoo Finance shows 57% of respondents claim they’re unlikely to purchase an EV as their next car. AutoBlog Editor-in-Chief Greg Migliore joins the Live show to break down the details of the ongoing strike and the challenges that Tesla faces. Migliore expresses his optimism for Tesla: “”As you take […]

“Taylor Swift’s Eras Tour concert film broke box office records in its theatrical debut, boasting the highest-ever concert film premiere while simultaneously becoming the highest-grossing concert film ever. Box Office Pro Chief Analyst Shawn Robbins sits down with Yahoo Finance Live to talk about the Eras Tour’s box office performance and the ways in which Taylor Swift’s brand and recent NFL appearances have had a spillover effect with the film’s premiere. “”Taylor has a very loyal, dedicated fan base that turns out, and really drove those pre-sales, and ended up making it very front-loaded in that aspect,”” Robbins explains. “”And I think that’s what caused a lot of volatility in […]

This segment originally aired on October 10, 2023. Major importers and shipping companies are anticipating a leaner year as cargo rates to and from China have seen major declines in 2023. Port of Los Angeles Executive Director Gene Seroka explains the boost in shipments to West Coast ports as businesses diversify their trade with countries outside of just China. “We’re starting to see importers ship cargo to the West Coast that normally would go to Panama because of the drought,” Seroka tells Yahoo Finance. “Second, with the dock workers’ contract that was just ratified in August, that was a pretty quick switch of cargo back to the West Coast, and […]

Most Americans know Bayer (BAYN.DE) for its over-the-counter medicines like Aleve and Claritin. But that’s not all the company does. Bayer U.S. President Sebastian Guth tells Yahoo Finance’s Anjalee Khemlani that the company just opened a new facility to focus on cell and gene therapies to help treat diseases such as Parkinson’s. Guth also weighed in on the company’s acquisition of agricultural biotechnology company Monsanto. Guth says the company is “squarely focused on innovation in a space that continues to require innovation. Feeding the world is a very, very significant task and food is a medicine.” For more expert insight and the latest market action, click here to watch this […]

Weight loss drugs, such as Novo Nordisk’s (NVO) Ozempic and Wegovy, continue to grow in popularity. With many brand and retailer CEOs signaling the hit to snack food sales, how will these drugs impact the packaged food industry? Morgan Stanley Equity Research Analyst Pam Kaufman joins Yahoo Finance Live to discuss. “We see long-term implications across the food ecosystem from the growing adoption of GLP-1 anti-obesity drugs,” Kaufman says, citing implications for packaged foods, restaurants, beverages, and food retail. “Our biopharma analysts expect drug use to grow fivefold over the next 12 years and project that about seven percent of the population is going to be on the drugs by […]