Archive List for stocks

FTX founder Sam Bankman Fried faces up to 110 years in federal prison

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Former FTX CEO Sam Bankman-Fried is scheduled to begin his criminal trial on October 4, 2023. Bankman-Fried faces a total of seven charges related to alleged fraud and embezzlement of customer funds through the company’s crypto exchanges. If convicted, Bankman-Fried could potentially face up to 110 years in federal prison. Yahoo Finance Legal Reporter Alexis Keenan breaks down the trial details and all charges brought against Bankman-Fried. 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 […]

Levi Strauss gets an Outperform rating from TD Cowen

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TD Cowen initiated coverage of Levi Strauss & Co. (LEVI) with an “outperform” rating and $16 price target. It’s ahead of the company’s third quarter earnings release on Thursday, October 5. TD Cowen Senior Research Analyst Oliver Chen joins Yahoo Finance Live to discuss the reasons for the rating and some of the things he is watching ahead of the earnings call. “As we survey consumers, [Levi Strauss is] number one by far, it also has dominant share. But as we look forward, what’s really happening is global growth,” as the company is “going more direct-to-consumer… they’re also going more international,” Chen explains. “What we are concerned about in the […]

CarMax stock drops on Q2 earnings, interest rate pressures

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Shares of used car retailer CarMax (KMX) are falling this morning over its mixed second-quarter earnings, citing declining used car demand and higher interest rates impacting business. Yahoo Finance Live takes a look at the stock action surrounding the auto dealer in a tightened consumer environment. 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 #CarMax #youtube #yahoofinance 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 […]

Micron investors ‘thinking too optimistically’ about rebound: Analyst

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Micron Technology (MU) shares slide lower this morning after investors express disappointment on the extent of its fourth-quarter earnings beat. Fox Advisors Founder and CEO Steven Fox spoke with Yahoo Finance Executive Editor Brian Sozzi and Brad Smith about the pain points in Micron’s bottom line and declining revenue across segments. “We have been cutting numbers for the better part of the year… we finally got to the point where we are not cutting numbers anymore,” Fox states. “The bad news is… the sell-side in general and the consensus is thinking too optimistically about the type of rebound Micron is going to have from these levels.” Fox also comments on […]

Peloton stock jumps on Lululemon partnership

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Two fitness brands are teaming up. Peloton (PTON) and Lululemon Athletica (LULU) have announced a new five-year partnership. As part of the deal, Peloton will become the “exclusive digital fitness content provider” for Lululemon, while Lululemon will become Peloton’s “primary athletic apparel partner.” Yahoo Finance Live Julie Hyman and Josh Lipton break down the announcement. 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 […]

Boost partners with Apple and Amazon in new wireless service

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Boost Infinite (DISH) has partnered with tech giants Apple (AAPL) and Amazon (AMZN) to offer users a new wireless service, made available today. Priced at $60 per month, the plan includes unlimited talk, text, and data, along with an annual iPhone upgrade. This collaboration marks the very first time that Apple iPhone plans are available for purchase on Amazon.”Right now value is important to people,” Dish Wireless COO John Swieringa tells Yahoo Finance’s Akiko Fujita, “and with us you don’t have to sacrifice to get value.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: […]

Fed and stocks: Why Wall Street may be overreacting

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Stocks across the board took a hit after the Fed’s decision to keep interest rates steady, with the potential for future rate hikes down the line. Data from Bank of America shows investors had their largest exit from equities since last December. Yahoo Finance Senior Reporter Josh Schafer joins the Live show to break down the comments made by Fundstrat’s head of research Tom Lee and why the economy may actually flourish. 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 #yahoofinance #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock […]

Microsoft restructures acquisition deal of Activision in UK

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Microsoft’s (MSFT) acquisition of Activision-Blizzard (ATVI) may get the green light from UK antitrust regulators. The deal was blocked in April over concerns that Microsoft would have too much control of the cloud gaming market. Yahoo Finance Tech Reporter Dan Howley joins Brad Smith and Seana Smith to break down the step forward. 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 #Activision #Microsoft 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 […]

Gas prices on the rise, plus the impact of Russia’s fuel ban and Saudi Arabia oil cuts

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Saudi Arabia extended its oil production cut in August and Russia placed an export ban for diesel and gas. How will this impact future gas prices? Yahoo Finance Reporter Ines Ferre discusses how these headwinds may impact gas prices, as well as the possibility of oil reaching $100 a barrel. 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 #oil #gas #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 […]

Bill Ackman sees higher inflation for longer, remains short on bonds

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Pershing Square Capital CEO, Bill Ackman, posted on X.com (formerly Twitter) commenting on The Federal Reserve’s decision to keep rates steady. Ackman stated that he feels that while the Fed is committed to the 2% inflation goal, it remains unlikely that they will reach that goal in the near future. Fed Chair Powell has warned rates will likely stay higher for longer. Yahoo Finance’s Seana Smith and Brad Smith discuss Ackman’s comments and how the current economic landscape, including ongoing worker’s strikes, will keep most likely inflation up. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to […]