Archive List for FX

Warren Buffett’s Berkshire Hathaway slashes stake in HP

Berkshire Hathaway (BRK-A, BRK-B) has slashed its stake in HP (HPQ). The move comes as demand for personal computers has declined. Bank of America Senior Equity Research Analyst Wamsi Mohan joins Yahoo Finance Live to weigh in on the challenges the PC maker has faced post-pandemic. Mohan notes that while HP had a strong period during the pandemic, post-pandemic “all this pull-forward that happened for PCs is now acting against them.” Taking a look at competition, Mohan predicts “the performance delta is going to be closing between Dell (DELL) and HP.” About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced […]

How Fed members could vote on interest rates at FOMC meeting

While the November Consumer Price Index (CPI) reading saw inflation tick up by 0.1% month-over-month, Federal Reserve regulators convene for the December FOMC meeting to discuss monetary policy and interest rate maneuvers. Yahoo Finance Fed Reporter Jennifer Schonberger details which way Fed members are likely to vote on pausing rates where they are or proposing more hikes. 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 […]

Google loses antitrust lawsuit to Epic Games

Google (GOOG, GOOGL) lost an antitrust lawsuit brought by Epic Games with a jury unanimously deciding the tech giant acted anti-competitively in the app market. The verdict states Google unfairly leveraged its monopoly power. Yahoo Finance’s tech editor Dan Howley analyzes the implications, examining why Apple (APPL) avoided similar app store scrutiny and discussing how the decision could impact Play Store revenue as Google faces pressure to open up its platform. 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 […]

2024 market outlook: Citi lowers mid-year S&P 500 target

As we move toward the end of 2023, Citi (C) has released a note on its outlook for 2024. The company has lowered its mid-2024 S&P 500 (^GSPC) target to 4800 from 5000, but is keeping its year-end target at 5100. Yahoo Finance’s Madison Mills discusses the company’s note. 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 […]

Natural gas prices tumble on milder weather

Warmer weather and large stockpiles have sent natural gas (NG=F) prices tumbling, down more than 27% over the last two months. Yahoo Finance’s Ines Ferré breaks down the price action and what analysts are saying. 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: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #naturalgas #yahoofinance #stockmarket

Market warning: ‘Get out of cash now,’ strategist says

2023 was a year of volatility and uncertainty with higher interest rates, causing many investors to park their money in cash. As we head into 2024, inflation seems to be cooling, and the market is beginning to recover. With the Federal Reserve signaling they will maintain higher interest rates for longer, it seems that strategy may be outdated. BlackRock Americas iShares Investment Strategy Head Gargi Chaudhuri joins Yahoo Finance to break down the state of the market and what investors need to consider for 2024. Chaudhuri explained her stance for the near term. “I think we’re going to hear from [Fed] Chair Powell that it’s too premature to start talking […]

Why Macy’s real estate portfolio is the focus in buyout

A report from the Wall Street Journal revealed Macy’s (M) is considering a buyout offer from real estate investor Arkhouse Management and asset manager Brigade Capital Management worth $5.8 billion. While brick and mortar retail stores have faced an uphill battle in recent years, at the center of interest for most investors is Macy’s real estate portfolio, which contains the crown jewel, New York City’s iconic Herald Square location. Triangle Capital Co-Founder and Partner Richard Kestenbaum joins Yahoo Finance to discuss the potential buyout and Macy’s real estate portfolio. Kestenbaum explains that since department stores have struggled, investors have taken a different approach, looking at the whole portfolio of departments […]

Stock market today: Live coverage from Yahoo Finance

#yahoofinance #stockmarket #investing #stocks #Fed #inflation Executives, experts, and influencers join the Yahoo Finance team to discuss what’s moving the world of finance. To get the latest markets news check out finance.yahoo.com 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 your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. […]

Interest rates and the Fed: Analyst breaks down risks investors should consider

This segment originally aired on December 5, 2023. As Wall Street attempts to predict the Fed’s 2024 monetary policy moves, Harris Associates Co-Head of Fixed Income Adam Abbas joins Yahoo Finance Live anchors Julie Hyman and Jared Blikre to analyze the central bank’s outlook and the key macro forces causing uncertainty. Abbas believes the Fed is weighing risks not just to inflation, but also broader economic risks in charting its 2023 course. He notes Tuesday morning’s JOLTS data did flag some slowing, proving threats remain even after recent progress on inflation. Given lingering risks, Abbas believes market expectations for cuts seem “too aggressive.” “I think if you show up late […]

EV market, competition, demand, and headwinds: Analyst discusses China, Europe, and U.S. markets

Stifel Managing Director Stephen Gengaro spoke with Yahoo Finance anchor Josh Lipton about the outlook for the electric vehicle market. Stifel analysts initiated coverage of electric vehicle maker Rivian (RIVN) with a “Buy” rating and a $23 price target this week. Gengaro highlighted Rivian’s increasing brand awareness and partnerships as key strengths compared to Tesla and Lucid. Specifically, Rivian’s R1S SUV and R1T pickup truck are driving awareness and demand. A partnership with Amazon (AMZN) to produce electric delivery vans leverages Rivian’s EV capabilities. Additionally, the planned 2026 launch of Rivian’s R2 vehicle — an affordable crossover — capitalizes on interest in a practical and desired electric option. While the […]