Archive List for Market

DraftKings stock jumps on Q2 sales beat, upbeat forecast

#draftkings #earnings #yahoofinance Shares of DraftKings surged after the company reported second quarter sales beat estimates and raised its full-year forecast. The company stands to benefit from more states approving online sports betting. Yahoo Finance Live breaks down the numbers and company outlook. 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 […]

@toyotausa unveils 2024 Land Cruiser hybrid truck 👀 #shorts

Toyota is bringing back the Land Cruiser in a new teaser for a hybrid truck. Yahoo Finance Autos Reporter Pras Subramanian breaks down the specs for the 2024 Land Cruiser hybrid. The segment is from August 2, 2023. 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 […]

EV maker Nikola stock drops as CEO to step down

#nikola #ev #yahoofinance Nikola shares fall after the announcement that CEO Michael Lohscheller will step down and be replaced by Stephen Girsky at the end of the month. The EV maker also won shareholder backing to issue new stock. Yahoo Finance Live’s Julie Hyman and Jared Blikre break down the report. 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 […]

WBD’s cost-savings during Hollywood strikes is ‘a paradox’: Reporter

#warnerbros #warnerbrosdiscovery #hollywood #strike #yahoofinance Warner Bros. Discovery (WBD) President and CEO David Zaslav communicated his hopefulness to resolve negotiations with striking Hollywood writers and actors’ unions. The entertainment studio-streamer has saved over $100 million during this strike, while also reporting an earnings miss this quarter. The Hollywood Reporter Media & Business Writer Alex Weprin details the content crisis WBD is facing ahead of 2024 amidst the writers and actors’ strikes. “Warner Bros. Discovery, Sony, Disney, [they’re] all testing technology,” Weprin says on studios adopting AI and posting AI-related job openings, much to the chagrin of the striking Hollywood unions who are set to return to the negotiating table on […]

Amgen earnings beat estimates on revenue, adjusted EPS

#yahoofinance #amgen #eps Amgen beat on estimates with its Q2 earnings. Yahoo Finance Health Care Reporter Anjalee Khemlani joins the Live show to discuss the report, including Amjevita and LUMAKRAS sales numbers. 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 insights, fundamental […]

Bud Light backlash: Why those beer drinkers may not come back

#budlight #beer #yahoofinance Bud Light sales still haven’t recovered from the boycott against the brand after it partnered with trans-influencer Dylan Mulvaney. Drexel University Associate Professor of Marketing Daniel Korschun and University of Toledo Professor of Geography Neil Reid joined Yahoo Finance to discuss the marketing conundrum for brands. Korschun says that the Bud Light backlash is “sticking around a lot longer than we normally see for a boycott like this. Korschun says there has been a “galvanizing” of support for this boycott, that he says has been partly driven by “some media channels that are reminding consumers” about the issue. Korschun adds that he thinks this boycott could go […]

Amazon expands Fresh grocery offerings to non-Prime members

#yahoofinance #amazon #amazonfresh #amazonprime Amazon is expanding its grocery business. Customers who aren’t subscribed to Amazon’s Prime membership will be allowed to participate in services from their grocery offering, Fresh, as part of their bid to grab more share of the U.S. grocery market. Amazon currently only represents 4.4% of the total U.S. grocery market according to UBS. Yahoo Finance Live discusses Amazon’s move. This segment aired August 2, 2023. 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 […]

@Intel CEO on new AI PC and ‘Meteor Lake’ processor 💽 🖥️ #shorts

Intel CEO Pat Gelsinger talks about a new AI PC coming in the second half of 2023. The segment is from August 2, 2023. 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 insights, fundamental analysis, enhanced charting, and more. To learn more […]

DoorDash reports record orders and revenue in Q2 earnings beat

#doordash #yahoofinance #stockmarket DoorDash is raising its forecast after reporting record orders and revenue in its second-quarter earnings beat. Yahoo Finance Live’s Myles Udland and Julie Hyman discuss the potential for the food delivery app to pivot and expand into another service industry. 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 […]

U.S. credit rating downgrade: Market and economic impact

#fitchratings #uscredit #usdebt #yahoofinance U.S. futures are still under pressure from Tuesday’s credit rating cut. Is this cut a cause for serious concern? BNP Paribas U.S. Senior Economist Yelena Shulyatyeva joins Yahoo Finance Live to break down the credit rating downgrade and what it means for the state of the market. Shulyatyeva says, “I think it’s a long-term issue for us and we will be talking about this (for) decades and decades going forward if this unsustainable path continues.” Shulyatyeva also discussed Friday’s job report and the state of the labor market. Shulyatyeva characterizes it as a “gradual cooling” because “things are still very tight in the labor market.” Subscribe […]