Archive List for Business

U.S. existing home sales in September hit the lowest level since 2010

The housing market continues to challenge homebuyers as U.S. existing home sales dropped to a 13-year-low in September, falling about two percent from August to 3.96 million units. Yahoo Finance’s Seana Smith and Brad Smith break down the data and discuss some of the headwinds homebuyers are facing in the housing market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #yahoofinance #realestate #youtube 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 […]

Video shows Palestinian artist playing with children a day before he was killed in Gaza

A Palestinian artist is shown playing with children in #Gaza to raise their spirits less than a day before he was killed in a hospital blast. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: […]

Fed doesn’t have a ‘single strategic bone in it’: Mohamed A. El-Erian

There has been a lot of talk about the impact of higher Treasury yields and the Federal Reserve. But what does it mean for the average American? Allianz Chief Economic Advisor Mohamed El-Erian says that for the average person, it means “your mortgage rate on a 30-year above 8%. It freezes the housing market even more. It means higher borrowing costs for both households and businesses, so it’s not good news for the economy.” El-Erian’s biggest concern “is the violency of the move.” “There’s a fear, and I hope it’s just a fear, that this could break something,” El-Erian tells Yahoo Finance Live. El-Erian argues that the Fed has been […]

Tesla Q3 earnings call: Elon Musk talks economic challenges, Cybertruck, and growth outlook

Yahoo Finance Autos Reporter Pras Subramanian breaks down Tesla’s earnings call, including margin pressures ahead of the Cybertruck release. 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 the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize […]

This Morning’s Top Headlines – Oct. 19 | Morning News NOW

The Israel-Hamas war intensifies as anticipation grows over Israel’s expected ground invasion, thousands of people in Gaza desperately wait for aid at the Egyptian border and two senior U.S. officials say an independent assessment concluded the blast that killed hundreds at a Gaza hospital came from a rocket fired by the militant group Islamic Jihad. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective […]

Tesla misses Q3 earnings estimates as profits and margins dip

Tesla’s (TSLA) third quarter results missed analyst estimates on both the top and bottom lines. ARK Invest Director of Investment Analysis & Institutional Strategies Tasha Keeney however points to the company’s “immense data advantage over peers when it comes to solving for robotaxis, because it’s using its customers’ cars to gather information.” Keeney tells Yahoo Finance Live anchors Josh Lipton and Julie Hyman the firm thinks “Tesla is getting over two million miles in FSD, its full self-driving, software per day,” likely far more than its robotaxi rivals. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to […]

Netflix stock jumps on Q3 earnings amid subscriber surge and password crackdown

Netflix (NFLX) shares soared in after-hours trading after the streaming giant reported a surge in subscribers. Third quarter earnings of $3.73 per share was better than the $3.49 Wall Street was expecting, while revenue of $8.54 billion was about in-line with estimates. What investors are cheering though are the rise in subscribers. The company added 8.76 million subscribers in the quarter, far more than the 6.2 million that had been expected. Netflix also announced it will be raising the prices of some plans in some regions. Third Bridge Group Sector Analyst Jamie Lumley tells Yahoo Finance Live anchors Julie Hyman and Josh Lipton “Netflix has definitely raised the bar again […]

Nvidia stock slides as new U.S. chip rules threaten business in China

Shares of Nvidia (NVDA) are trending lower after the Biden administration announced tighter restrictions on advanced AI chip exports to China. Upon this news, Citigroup lowered its price target on shares of the chipmaker. Yahoo Finance Reporter Josh Schafer breaks down the restrictions and how Nvidia will work under those restrictions. 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 #yahoofinance #youtube #tech 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. […]

U.S. Treasury yields rose with the 10-year hitting a 16-year high

Yahoo Finance anchors Julie Hyman and Josh Lipton spoke with Interactive Brokers Chief Strategist about U.S. Treasury yields edging higher on Wednesday, with the 10-year hitting a 16-year high, as concerns about government debt issuance mounted amid the ongoing headwind of Federal Reserve officials saying interest rates will stay higher for longer Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #yahoofinance #stockmarket #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 subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]

Inflation persists in October: Fed’s Beige Book

The Federal Reserve’s Beige Book survey measuring the health of the U.S. economy sees inflation persisting in the month of October. Yahoo Finance Fed Reporter Jennifer Schonberger breaks down the data and the latest interest rate commentary from Fed regulators. #inflation #yahoofinance #youtube 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 […]