Archive List for Business

Bill Ackman, Bill Gross comment on U.S. economy, bond market

Activist investor Bill Ackman announced his firm has closed its short on bonds as Treasury yields flirt with 5%. Fund manager Bill Gross also issued a statement on social media anticipating a recession in fourth-quarter 2023. Yahoo Finance Live reacts to these headlines as investors try to make sense of future interest rate hikes by the Fed. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #stockmarket #yahoofinance 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 […]

Nvidia developing Arm-based chips to rival Intel: Reuters

Nvidia (NVDA) is working on central processing units using technology from Arm Holdings (ARM) in order to better rival Intel (INTC) in the chip space, according to a Reuters report. Yahoo Finance’s Josh Lipton and Julie Hyman contemplate how this will tighten competition between semiconductor companies. 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 #Nvidia #Intel #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 Finance Plus: With a […]

Real Estate: Rising home prices and mortgage rates continue sideline buyers

While U.S. active home listings sit near record lows as prices climb, Morgan Stanley expects home prices to peak amid elevated mortgage rates. Yahoo Finance’s Dani Romero reports on this prediction and weighs in on what housing prices could look like in 2024. 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 #realestate #youtube #stockmarket 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 […]

There is a battle going on between the stock market and the bond market’: Providence Financial

The 10-year Treasury yield peaked at 5% on Thursday and has continued to hover close that threshold. With ongoing geopolitical conflicts and chaos in the House of Representatives, investors of all ages are wondering where to park their investments. Providence Financial & Insurance Services President Anthony Saccaro joins Yahoo Finance to give insight into the current status of the market and how investors of any age should consider managing their investments. Saccaro states “for the first time in decades you can buy bonds as a capital appreciation play. So, lock in high yields, get capital appreciation, thats the bond market for the younger investors, other than that keep going in […]

The AI Chips race: Why Nvidia’s hold on the AI chip market may soon fold

Nvidia (NVDA) is dominating the AI chip market, but it may not hold onto that lead for long. Traditional semiconductor rivals like AMD (AMD) and Intel (INTC) are entering the AI space, but so are Big Tech names like Microsoft (MSFT) and Alphabet (GOOGL). In the latest episode of Next, Yahoo Finance’s Senior Tech Editor Dan Howley breaks down what the chips do, how Nvidia took the lead, and what competitors are doing to catch up. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #Nvidia #youtube #stockmarket 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 […]

UAW expands strike to 6,800 Stellantis workers in Michigan

United Auto Workers (UAW) organizers have expanded their strike to Stellantis’ (STLA) pickup truck plant in Sterling Heights, Michigan. 6,800 workers will reportedly stage a walkout and join the picket lines. This comes after UAW President Shawn Fain’s message that the union still has “cards left to play” in labor negotiations in a Facebook Live video from Friday, October 20. Yahoo Finance Live anchors Seana Smith and Brad Smith report on the effects these prolonged strikes could have on Stellantis pickup truck production and for the other Big Three automakers’ — Ford (F) and General Motors (GM) — top and bottom lines. For more expert insight and the latest market […]

Sam Bankman-Fried weighs taking the stand in

FTX Co-Founder Sam Bankman-Fried’s fraud trial is set to resume on Thursday, October 26. With prosecutors expected to rest their case after a series of testimonies from SBF’s inner circle, all eyes are on the former crypto CEO on whether he will take the stand to testify. Yahoo Finance Legal Reporter Alexis Keenan reports on what to expect for Thursday and the defense’s possible next moves. 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 #crypto #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, […]

Foxconn faces tax audit, land use investigation from China

Apple (AAPL) iPhone manufacturer Foxconn Technology (2354.TW) is facing a tax audit and a probe into its land use by the Chinese government. Yahoo Finance Tech Editor Dan Howley details the news surrounding the Taiwanese company as more Big Tech companies seek to expand their supply chains outside of China. 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 #Foxconn #China #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 […]

Breaking down Jamie Dimon and Elon Musk’s comments on economy and why investors should pay attention

Several top U.S. CEOs — including JPMorgan Chase’s (JPM) Jamie Dimon and Tesla’s (TSLA) Elon Musk — are becoming increasingly more concerned about the state of the U.S. economy and higher interest rates pressuring consumers. Yahoo Finance Executive Editor Brian Sozzi highlights the areas where Americans are feeling the most distressed in terms of affordability and how trends in tech have been influencing the direction of recent market rallies. Sozzi also previews the Yahoo Finance Invest conference — airing live all day on November 7 — and the top guest interviews expected from the event. For more expert insight and the latest market action, click here to watch this full […]

Amazon remains the top choice for Millennials and Gen Z consumers looking to cut spending

Millennials and Gen Z consumers present a multi-billion dollar market that increasingly more brands are trying to appeal to through social media, where a TD Cowen report found most of them are finding value in their purchasing power. John Kernan, TD Cowen Managing Director of Retail and Consumer Brands, joins Yahoo Finance anchors Akiko Fujita and Rachelle Akuffo to discuss these generations’ spending habits, how they’ve changed over time, and how certain companies have utilized their digital presence to capture their attention. “Inflation and interest rates have skyrocketed. It’s changed the economy fundamentally and it’s changed consumer budgets. It has changed comfort levels, it’s changed animal spirits in terms of […]