#nyse #fisker #stockmarket #yahoofinance New York Stock Exchange began processing Fisker’s (FSR) delisting, triggering a requirement to repurchase 2026 notes that became immediately due. The EV maker has warned investors of a possible default on this requirement, which would also cause the company to default on the 2025 notes. Yahoo Finance Reporter Pras Subramanian joins the Live show to discuss Fisker’s decline and what to expect for the company. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Nicholas Jacobino Yahoo Finance: Market Coverage, Stocks, & Business News About Yahoo Finance: Yahoo […]
Mizuho has downgraded its ratings for Tesla (TSLA), Rivian (RIVN), and Nio (NIO) from Buy to Neutral, citing slowing demand for electric vehicles, particularly in China. The investment bank also mentioned high inventory levels as potential headwinds. Yahoo Finance’s Akiko Fujita and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 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 […]
Wireless companies have made significant investments in 5G wireless networks, but investors are not seeing a return on these investments as expected. Senior Equity Analyst at CFRA Research Keith Snyder discusses why 5G did not have the impact wireless companies had hoped for. Snyder notes that these days providing connectivity alone is not enough: in the past, 4G connectivity was a significant selling point, but with more competitors entering the market, it has now become “a services game” for wireless companies. Snyder emphasizes that companies will have to show customers “what they can offer” alongside redefining their business models because “people didn’t care about 5G” in itself. Snyder points out […]
The S&P 500 (^GSPC) has notched its twentieth-record close of the year. While the rally has largely been led by tech players, financials and industrials have also driven the surge. GLOBALT Investments Senior Portfolio Manager Keith Buchanan joins the Live show to discuss whether the market’s movement to the upside can be sustained. Buchanan affirms that economic growth has spread beyond the AI generation, noting that names such as Waste Management (WM) and Walmart (WMT) have shown positivity in the marketplace. Recommending that investors look beyond the “Mag 7,” Buchanan notes that financials, in particular, have shown an appetite for potential steepening of the yield curve as the economy approaches […]
US Equities (^GSPC, ^DJI, ^IXIC) are trading higher on Thursday as the market reacts to the Federal Reserve’s updated Summary of Economic Projections. The data showed nine members believe three rate cuts will occur by the year’s end. Chair Jerome Powell also claimed the Fed is seeking to slow the shrinking of its $7.5 trillion balance sheet. Former Federal Reserve Bank of Kansas City CEO and President Esther George joins Yahoo Finance to discuss the economic backdrop for the Fed and give insight into how the Fed may shape its policy decisions moving forward. In terms of what the Fed will be looking for moving forward, George states: “We have […]
The United States Department of Justice has initiated an antitrust lawsuit against the tech giant Apple (AAPL), alleging that the smartphone manufacturer engages in monopolistic practices. According to the DOJ, Apple’s business model restricts competition, resulting in harm to both developers and consumers. Yahoo Finance’s Tech Editor Dan Howley breaks down the details, providing insights into the details of the suit. #youtube #APPLE #TECH 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 […]
The Federal Reserve has left interest rates unchanged, maintaining a target range for the federal funds rate at 5.25 to 5.5%. In the statement, FOMC officials say the Committee “judges that the risks to achieving its employment and inflation goals are moving into better balance.” The March release also includes an updated Summary of Economic Projections. That release shows nine officials see three rate cuts in 2024. Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports on the Fed’s decision. #youtube #FederalReserve #stockmarket 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 […]
According to the latest Consumer Price Index (CPI) reading, the rise in grocery costs has decelerated significantly more than dining costs. Yahoo Finance Retail Reporter Brooke DiPalma joins the Live show to detail McDonald’s leading in the breakfast category compared to other fast food chains. #youtube #mcdonalds #food 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 social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: […]
According to a report from Bank of America, US worker productivity has hit an all-time high. As productivity has increased, wage growth year-over-year has also seen a slight increase, meaning consumers are willing to spend more. Yahoo Finance Markets Reporter Josh Schafer joins the Live show to break down why the results do not comprise an ‘inflationary problem’ and how productivity can help company margins. #youtube #stockmarket #work 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 […]
#economy #biden #joebiden #stateoftheunion #yahoofinance President Biden will give his State of the Union address Thursday night, which will be imperative to his campaign for another term. While Biden’s age and health may be a top concern for viewers, for the President he will certainly tout his economic victories and challenges that lie ahead. Yahoo Finance Senior Columnist Rick Newman joins the Live show to give insight into the top economic points investors should look out for as the President delivers his State of the Union address. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This […]
