Archive List for FX

Bitcoin miners expand operations to boost production on pending spot bitcoin ETF approval

Shares of crypto mining operators Riot Blockchain (RIOT) and Marathon Digital Holdings (MARA) are popping off on the prospects of Securities and Exchange Commission (SEC) regulators approving a spot bitcoin ETF (BTC-USD). Yahoo Finance Reporter Madison Mills joins the Live show to discuss bitcoin miners’ plans to expand operations on this pending news and how their stocks have exponentially outperformed bitcoin and other digital asset companies in 2023. #stockmarket #youtube #BITCOIN 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 […]

How tech will let the S&P 500 continue its streak into 2024

#tech #sp500 #stockmarket #yahoofinance The S&P 500 (^GSPC) has been on the run recently, with the Magnificent Seven leading the charge and holding almost 30% of the index’s value. Wall Street is arguing over whether the S&P can maintain this momentum into 2024. Spouting Rock Asset Management Chief Strategist Rhys Williams joins Yahoo Finance to discuss the state of the stock market and whether or not it can continue its recent hot streak into the new year. Williams puts the current market in a historical context, pointing out a productivity boom in the mid-90s due to “the power of Cisco Technology with the client-server technology and the internet” and makes […]

Microsoft vs. NYT: AI copyright suit will be ‘complex’

#microsoft #nytimes #ai #copyright #yahoofinance The New York Times (NYT) is suing OpenAI and Microsoft (MSFT) for allegedly using millions of articles without permission to train its AI chatbots. MIT Initiative on the Digital Economy Director Sinan Aral and Newsroom Robots Podcast host Nikita Roy discuss the details of the copyright lawsuit and potential implications for the publishing industry with Yahoo Finance Live. Roy says she was “completely expecting” this scenario, suggesting the Times is “helping” smaller publishers lacking resources to take legal action. However, she notes accusing chatbots of infringement is “complex,” hinging on whether courts deem AI a tool or if liability falls on the user. Still, Roy […]

Investing in REITs: One stock to buy and one to avoid

#investing #reits #yahoofinance #realestate Real Estate Investment Trusts or REITs have been hit by issues such as high interest rates, lackluster return to office, and overall concerns about an economic slowdown. Infrastructure Capital Advisors CEO Jay Hatfield gives his take on the space in the latest Good Buy or Goodbye. Hatfield is buying Boston Properties (BXP) because he believes the stock will rally as interest rates fall and that it has an attractive valuation. He also likes the stock because, even though they do have office properties, Hatfield says they tend to cater to sectors that favor work from the office. A stock Hatfield is avoiding is Prologis (PLD), which […]

New sectors to consider as deflation ramps up: Strategist

#deflation #fed #investors #yahoofinance As more inflation data is released, many on Wall Street speculate as to when the Federal Reserve may cut interest rates within the first half of 2024. Investors maneuver through the confusion of how to best manage their portfolios as economic conditions fluctuate. Adam Phillips, Managing Director at EP Wealth Advisors, joins Yahoo Finance to give insight into market conditions and what he advises his clients to keep an eye on, including gold futures (GC=F) “Maybe investors have taken the Fed’s comments a little bit too far, but we certainly don’t want to fight the Fed and try to argue against what they’re obviously seeing and […]

Toyota breaks annual production record

#toyota #production #yahoofinance Toyota (TM) says it has broken an annual production record, with global output reaching 9.23 million vehicles from January to November. Sales for November showed a 13.6% increase, with strong demand noted in the U.S. and Europe. Yahoo Finance’s Senior Reporter Pras Subramanian reports on this story and the ongoing controversy with the automaker’s subsidiary, Daihatsu. 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. – […]

JPMorgan now valued more than BofA, Citi combined: BBG

#jpmorgan #bofa #citi #yahoofinance JPMorgan Chase & Co. (JPM) is now worth more than competitors Bank of America (BAC) and Citibank (C) combined after 2023 consolidations and shakeups in the regional banking sector, according to a Bloomberg report. Yahoo Finance Senior Reporter David Hollerith joins the Live show to summarize the state of the financial sector (XLF) and the outlook and challenges for these major banks. 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 […]

Fmr. Fed president explains why the Fed should remain on pause

#fed #federalreserve #interestrates #yahoofinance The Federal Reserve is maintaining a policy of keeping rates higher for longer. With inflation cooling, many on Wall Street now think the Fed will start rate cuts as early as May 2024. Former Kansas City Fed President Esther George joins Yahoo Finance to weigh in on the Fed’s policies and the outlook for inflation going forward. George comments on the potential of the Fed’s next move: “As we’ve seen, coming out of that last FOMC meeting, there was a tremendous response of anticipating rate cuts and I think the caution for me, is that the Fed is not at its 2% target. They are being […]

‘There’s no doubt’ Nvidia will see growth in 2024: Analyst

#nvidia #2024 #yahoofinance Nvidia (NVDA) stock skyrocketed over 230% in 2023, sparking debates on whether more upside lies ahead for the chipmaker in 2024. Moor Insights & Strategy Founder, CEO and Chief Analyst Patrick Moorhead and veteran tech investor Paul Meeks join Yahoo Finance Live to discuss their views on the semiconductor player. On growth prospects, Moorhead believes “there’s no doubt” Nvidia will expand revenues and profits next year. However, he questions if gains will further boost shares or if expectations are priced in. He sees tailwinds “driven by the continued growth of the generative AI market” and the adoption of machine learning models. Meeks notes Wall Street expectations forecasting […]

Fed needs to ‘get out of the way and look at the data’: Economist

#fed #federalreserve #interestrates #yahoofinance Thanks to several interest rate hikes, the Federal Reserve has been able to curb inflation and bring it closer to its 2% goal. However, as economic uncertainty remains, the debate over what the Fed do in the coming months rages on. Claudia Sahm, Sahm Consulting Founder and Lee Munson, Portfolio Wealth Advisors President & CIO join Yahoo Finance to discuss the Fed’s performance so far and weigh in on the central bank’s policy decisions going forward into 2024. Sahm argues the Federal Reserve should cut rates sooner than later as deflation has already begun, asking them to “get out of the way and look at the […]