Archive List for Business

Mattel earnings beat, but guidance disappoints

Despite a third quarter earnings beat, Mattel (MAT) fell as its outlook implies slowing growth, post-Barbie. Analyst James Hardiman joins Yahoo Finance Live to weigh in on implications long term for the company. To remain in the proverbial game, Hardiman says the company needs revenue “”re-ignition”” to sustain momentum past the Barbie movie boost. 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 […]

Qualcomm CEO on new chip: AI ‘evolving different’ than cloud

Qualcomm (QCOM) announced a new AI chip — its Snapdragon Elite X — for Windows-operating laptops (MSFT). According to performance tests, the chip matches the peak performances of both Apple’s (AAPL) M2 chip and Intel’s (INTC) i9-13980Hx. The chip will make its debut next year, along with other new products announced at the Snapdragon Summit in Hawaii. Qualcomm CEO Cristiano Amon joins Yahoo Finance to discuss the new chip and what the company’s plans are moving forward in the mobile processing space. “”Our company has been very focused in diversifying and generating growth to other end markets for Qualcomm beyond mobile. If we look at what’s happening with the PC […]

JD.com spooks investors with 55% plunge

Chinese e-commerce giant JD.com (JD) has tumbled 55% in 2023— China’s weak recovery, depressed consumer spending, and stiff competition are a few factors that have contributed to this decline.Watch the video above to find out why Wall Street remains optimistic —despite revenue woes. 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 life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get […]

Fed’s uncertainty is creating market volatility: Strategist

The Federal Reserve is widely expected to pause at its November meeting as part of its effort to achieve a soft landing for the U.S. economy. But State Street Senior Global Macro Strategist Marvin Loh has some concerns about the Fed’s data-dependent strategy. “”I think once they’ve [the Fed] has gone to this data-dependent route, they’ve really created a lot of risk, in terms of just how volatile and just how uncertain they are about how the economy is going to evolve. As a result, we’ve kind of seen… the longer part of the curve trade a bit unhinged relative to what we saw in the middle of the year […]

Oil falls for 4th day on U.S. supply, geopolitical conflict

“Crude oil (BZ=F, CL=F) prices fell for a fourth-straight day as diplomats mitigate the fallout from escalations in the war between Israel and Hamas. In addition, a weekly report from the U.S. Department of Energy showed a positive turn in domestic oil supply with 1.372 million barrels, beating Wall Street expectations. Yahoo Finance Reporter Jared Blikre joins the Live show to break down the latest numbers crude oil figures and how the energy sector is reacting. 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 […]

Bank of Japan’s policy shift could impact yields globally

“The Bank of Japan is anticipated to reverse its negative interest rate policy in 2024. Japan’s 10-year bond yields sit at 0.9% currently, becoming more enticing to domestic investors as rates normalize. Japanese buyers are the largest foreign holders of U.S. Treasuries and the Bank of Japan’s policy shift could prompt Japanese investors to restore money back into their home country’s bonds. If this occurs, it would reduce Japanese demand for Treasuries globally. Yahoo Finance’s Ines Ferre analyzes the potential challenges the Bank of Japan’s decision could have on Treasury yields globally, especially in the US. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free […]

Apple unveils second streaming price hike this year

Apple (APPL) is increasing prices for its streaming services, including a $3 price hike for Apple TV+ from $6.99 to $9.99 per month. Apple Arcade and Apple News+ subscriptions are also seeing immediate price increases. This is the second round of price hikes in the past year, following similar increases in October 2022. Yahoo Finance’s Seana Smith and Brad Smith discuss the trend across streaming platforms like Netflix (NFLX), Hulu, and Paramount+ (PARA), which have also raised prices to boost revenues amid rising costs. 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 […]

Investors see Nvidia stock dip as a chance to buy: Itaú BBA

Nvidia (NVDA) stock dropped sharply after the U.S. imposed new restrictions on exporting AI chips to China earlier this month. However, investment bank IBBA is advising clients to buy the dip. In a note to investors, IBBA acknowledged the China headwind but believes the impact is already priced into Nvidia shares. IBBA set a $600 price target, representing a 40% upside from current levels. Yahoo Finance’s Seana Smith and Brad Smith discuss challenges Nvidia has faced and investor outlook on the company remaining a leader in advanced AI chip production. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. […]

BlackRock’s Rieder: Market showing something I’ve never seen

Market uncertainties have emerged from multiple economic headwinds — escalating geopolitical conflicts, chaos in Congress, and expanding labor strikes, among others. Divergences between the stock and bond markets have investors second-guessing where they should focus their attention. BlackRock Global Fixed Income CIO Rick Rieder joins Yahoo Finance to give his insights on how to wade through the complexities of this new territory developing between stocks and bonds, and what the Federal Reserve’s next move may be to quell these emerging developments. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #stockmarket #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction […]

What happened the last time 10-year Treasury yields hit 5%

The 10-year US Treasury yield has climbed above 5% for the first time since 2007, rising over 4 percentage points in just three years. Higher 10-year yields increase borrowing costs across markets, impacting everything from mortgage rates to business and government loans. Yahoo Finance’s Ines Ferre analyzes past instances when yields rose above five percent and explains what it could mean for the economy going forward if yields continue rising at this pace. 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 […]