Archive List for FX

Synopsys, Ansys in merger talks: WSJ

#synopsys #ansys #wallstreetjournal #yahoofinance Synopsys (SNPS) is in talk with Ansys (ANSS) about acquiring the company, according to a report from The Wall Street Journal. The Journal reports that the design-software companies could reach a deal in early 2024, though the outlet’s source cautions there is potential for the talks to fall apart. Synopsys declined to comment on “the rumor and speculation.” Yahoo Finance Live reports on the breaking story. 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, […]

Financial stocks: Key themes to watch in 2024

#geopolitics #ai #banks #yahoofinance It’s been a difficult year to wade through what has amounted to much economic uncertainty, even as stocks have climbed. Luckily TD Cowen has shared its top 10 themes for investors to look out for in 2024. Robert Fagin, TD Cowen Co-Head of Research, joins Yahoo Finance to give insights into these themes and what stocks investors need to keep an eye on. Fagin comments on banks and real estate: “We certainly expect heavier liquidity and capital requirements for banks. That seems almost certain and an area that we’re watching carefully is commercial real estate, which is about 25% of bank loans and where a lot […]

Streaming industry could see deconsolidation: Brightcove CEO

#streaming #yahoofinance #warnerbrosdiscovery #paramount Talk about a merger between Warner Bros. Discovery (WBD) and Paramount Global (PARA) was reported by Axios this week. What could this mean for future mergers in the streaming world? Brightcove CEO Marc DeBevoise joins Yahoo Finance to discuss. “From an M&A perspective what you’ll see, is not just consolidation… but potentially deconsolidation,” DeBevoise says. “A number of these assets probably should be reshaped to be more like to like,” such as cable assets being partnered with other cable assets. “I think you’re going to see a lot of activity, whether it’s bundling, whether it’s pieces of the companies coming in and out… you’re going to […]

How stocks perform in election years

#yahoofinance #stocks #election One of the key things investors will be watching is the 2024 US elections, specifically, the presidential race. As part of Yahoo Finance’s 2024 Investor Guide, markets reporter Jared Blikre joined Yahoo Finance Live to analyze how stocks tend to trade in election years based on historical trends. 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 […]

How Coinbase could become more than a crypto exchange

#coinbase #bitcoin #crypto #yahoofinance #france #europe Coinbase (COIN) received a virtual asset service provide license in France, meaning it can operate crypto services in the country. Needham and Company Senior Analyst John Todaro joined Yahoo Finance to discuss Coinbase’s overseas growth strategy and continued hopes for a Bitcoin ETF (BTC-USD) stateside. In Todaro’s view, the “lack of regulatory clarity in the US” has pushed Coinbase to target international opportunities. However, he attributes the rise in Coinbase’s stock to how well crypto has performed the last several weeks and the expectation that a spot bitcoin ETF will be approved. For more transformational growth, Todaro believes Coinbase needs to move beyond “just […]

Berkshire Hathaway boosts Occidental Petroleum stake by $5.2M

#berkshirehathaway #occidentalpetroleum #yahoofinance Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) purchased $5.2 million more shares of Occidental Petroleum (OXY), boosting its stake to around 28% in the oil & gas producer. The increased investment follows Occidental’s recent agreement to acquire Permian Basin driller CrownRock for $12 billion. Yahoo Finance’s Seana Smith and Bradley Smith break down the details of this trending ticker. 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 […]

Rocket Lab stock soars after winning U.S. government contract

#rocketlab #yahoofinance #space Shares of Rocket Lab (RKLB) jumped in early trading on Friday after winning a U.S. government contract that could be worth as much as $515 million. The space company will “design, manufacture, deliver, and operate 18 space vehicles” as part of the deal. Yahoo Finance Live take a closer look at the deal. 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 […]

Tencent leads China selloff amid new gaming restrictions

#tencent #china #gaming #yahoofinance Shares of tech conglomerate Tencent (0700.HK) were down more than 12% Friday morning amid an $80 billion market selloff in Chinese gaming stocks, sparked by new, unexpected restrictions from Beijing. The restrictions come from Chinese government regulators who are attempting to combat addictive gaming lifestyles among users. Yahoo Finance Reporter Jared Blikre breaks down the latest developments with Tencent and the broader Chinese markets. 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 […]

November PCE inflation: What it means for Fed rate hikes

#yahoofinance #inflation #fed #fedratehike The November Personal Consumption Expenditures (PCE) price index came in lower than expectations, declining 0.1 percent month-over-month. Core PCE inflation grew 3.2 percent, which was below estimates of 3.3 percent. Yahoo Finance’s Jennifer Schonberger discusses the data and what this cooling inflation may mean for the future of the Federal Reserve’s rate hikes. 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 […]

Honda recalls 2.5M vehicles due to fuel pump issue

Honda (HMC) is recalling 2.5 million cars after reporting a fuel pump issue that could put drivers at risk of a crash. This follows Toyota’s (TM) recent recall of 1 million Toyota and Lexus vehicles with airbag issues, and a recall from Tesla’s (TSLA) last week. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance Live to weigh in on the influx of recalls and what this suggests about the automobile industry. Migliore does not see this recall as a negative, stating “automakers are becoming increasingly proactive,” which will ultimately benefit the customers. Migliore notes that in Honda’s case the fix will be a “fairly simple.” About Yahoo Finance: Yahoo Finance provides […]