Archive List for Savings

Tesla is rehiring some of the Supercharging team that it laid-off

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yahoo finance

Tesla (TSLA) is rehiring back some of its Supercharger team which were laid off last month, according to Bloomberg. This comes after CEO Elon Musk posted on X (formerly Twitter) that the EV maker was all in on expanding its Supercharger network with an investment of over $500 million in spite of headcount reductions and recent executive departures. ROTH Capital Senior Research Analyst Craig Irwin sits down with Catalysts to talk about Tesla’s Supercharger road map and which areas the auto company should be prioritizing. They got to show they can they can get growth going again right? When you decline 7 or 8% you’ve got to actually show that […]

What Biden’s tariffs on China mean for the US economy and the election

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yahoo finance

The Biden administration has imposed tariffs on $18 billion worth of annual imports from China, including semiconductors, electric vehicles, steel, and other sectors. With growing trade tensions between China and the United States, this move raises questions about its potential impact on the upcoming election. According to Yahoo Finance’s Senior Columnist Rick Newman, the tariffs “do fit with what Biden has been doing his whole term, which is incentivizing the development of certain industries within the United States.” He explains that the tariffs are intended to make those goods originating from China more expensive, thereby promoting domestic manufacturing of these products. About Yahoo Finance: Yahoo Finance provides free stock ticker […]

Biden announces tariffs on $18B of Chinese goods

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yahoo finance

The Biden Administration has imposed new tariffs on $18 billion worth of Chinese goods. The sweeping tariffs will impact a wide range of products, including semiconductors, aluminum, steel, and more. The tariff on the electric vehicle sector will see a staggering quadruple increase, soaring from the current 25% to a 100% rate. Yahoo Finance’s Jennifer Schonberger sheds light on the sectors set to see the most significant impact, delving into the strategic rationale behind the implementation of these new tariffs. #Biden #stockmarket #youtube 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 […]

Inflation history: How past price increases and monetary policy impacted the consumer

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yahoo finance

Inflation is not a new phenomenon for the U.S. economy. Although the Federal Reserve has sustained a higher-for-longer inflation environment, historical outcomes provide valuable insights. Brookings Institution Director of Economic Studies Ben Harris joins Wealth! to talk economic history. Harris draws parallels to the 1970s and early 1980s, when “inflation lasted for roughly a decade.” During that time, inflation reached a staggering 14%, he says, whereas inflation peaked at 9% most recently. While Harris acknowledges that though the current experience “wasn’t as severe, some of the lessons were the same.” Harris emphasizes that monetary policy is the primary tool for combating inflation, stating that the Fed will “keep interest rates […]

What April’s CPI data could mean for Fed rate cuts, plus opportunities for investors

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yahoo finance

All eyes are on April’s Consumer Price Index (CPI) report, as it will reveal details about the current state of inflation among consumers. SEI (SEIC) CIO Jim Smigiel joins Market Domination to break down what investors should expect from Wednesday’s CPI print and what it could signal for the Fed’s next moves. “We have three hot prints in a row, as most investors are aware, and the Fed is really running out of room here in order to deliver the cuts that I think most investors would love to see,” Smigiel tells Josh Lipton and Julie Hyman. He anticipates April’s numbers to be slightly weaker, adding that he’s bearish on […]

WallStreetBets moderator: Retail trading is back, and the market will see more volatility

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Meme stocks like GameStop (GME) and AMC Entertainment (AMC) are surging in interest after Keith Gill, who goes by “Roaring Kitty” on X (formerly Twitter), posted on social media for the first time in three years. Gill was in part responsible for the meme stock frenzy perpetuated by retail traders in 2021. Head Moderator of r/WallStreetBets Noor Al joins Market Domination Overtime to give insight into the renewed interest in meme stocks and a potential influx of retail trading. When asked if this is just a fad, Al responds: “I think we’ve actually seen the build-up for today’s activity over the past two weeks, and even just three days ago […]

Real estate investing opportunities: Analyst talks industrial, specialty, and multifamily plays

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yahoo finance

With so much uncertainty in the market, US Equities (^GSPC, ^DJI, ^IXIC) can be tricky to navigate. Investors may want to consider alternatives to traditional stocks. Bluerock Head of Market Research & Strategy Miguel Sosa joins Wealth! to share key reasons to narrow in on private markets, especially when it comes to real estate and credit. Sosa explains that Bluerock’s particular interest is in the industrial, specialty, and multi-family sectors of private real estate : “We like the specialty sector because it’s such a unique space that’s not too correlated to the economic cycle. So for example, if you think of data centers, data centers sit in the specialty sector, […]

US revokes export licenses for Huawei’s chip suppliers: FT

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yahoo finance

The Biden administration revoked export licenses from Intel (INTC) and Qualcomm (QCOM) for the supply of chips to Chinese tech company Huawei, according to a report from the Financial Times. Market Domination Anchors Jared Blikre and Josh Lipton break down the latest developments for these chip companies and what it means for their stocks moving forward.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 […]

TikTok sues the US government, claiming ban violates First Amendment

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yahoo finance

In April, President Biden signed legislation that compels ByteDance, the parent company of social media platform TikTok, to either divest from the popular app or face the possibility of a nationwide ban in the US. However, TikTok is not backing down without a fight, as the company has brought its own lawsuit against the US government, arguing that the potential ban on the platform violates First Amendment free speech rights. Yahoo Finance Legal Reporter Alexis Keenan breaks down the details of the lawsuit and whether it falls under free speech protections. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced […]

Elon Musk talks birth rates, AI safety, and intelligence — but not Tesla

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Tesla (TSLA) CEO Elon Musk spoke at the 27th Annual Milken Conference about a wide range of topics, except the company’s recent layoffs and robotaxi plans. Yahoo Finance Reporter Yasmin Khorram joins The Morning Brief from the Annual Milken Global Institute Conference to break down the top takeaways from Musk’s comments. #youtube #ElonMusk #ai 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 […]