Shares of Meta Platforms (META) touched a record high on Tuesday. Jefferies analyst Brent Thill raised his price target on the stock to $585 from $550. Thill writes that he thinks “Meta’s market share gains will further accelerate in 2024” and that “in 2024 Meta’s ad business could outgrow Amazon’s for the first time since 2015.” In the video above, Yahoo Finance’s Josh Lipton and Julie Hyman discuss the call. #stockmarket #Meta #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 financial life. – Get the latest news and data […]
#walgreens #jefferies #yahoofinance #healthcare #clinics Walgreens Boots Alliance (WBA) posted its second report, revealing a quarterly revenue that beat expectations but a narrow outlook for 2024, citing difficult conditions within the retail environment. Jefferies Healthcare Services Equity Researcher Brian Tanquilut joins Yahoo Finance to discuss Walgreens’ performance for the quarter and how it can mount a turnaround. Tanquilut lays out one of the big problems with Walgreens and their strategy to implement VillageMD clinics in stores: “The problem with the clinics is that they lose between $1 to $3 million a year on the front end in the first few years. And so, if you just run that math, it […]
‘The Consumer Confidence Index is a widely followed economic indicator that measures the level of optimism or pessimism U.S. consumers have over the state of the economy,’ Yahoo Finance Host Brad Smith said. According to March’s Consumer Index, the report fell short of expectations. This segment is from March 26, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #consumer #index #explained
#gold #bitcoin #wallstreet #yahoofinance #crypto Gold prices (GC=F) trend higher, now hovering above $2,200 as Wall Street analysts expect the metal to climb even higher. Furthermore, bitcoin (BTC-USD) sits just below $71,000 in the cryptocurrency’s 2024 recovery. Yahoo Finance Senior Markets Reporter Jared Blikre explains the price action surrounding the two assets. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor’s note: This article was written by Luke Carberry Mogan. Yahoo Finance: Market Coverage, Stocks, & Business News About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and […]
#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 […]
What is a stock buyback? Yahoo Finance’s Madison Mills breaks down what investors need to know. A stock buyback refers to a company repurchasing some of the stock they issued from shareholders, which reduces the amount of shares outstanding in the market. Some critics say buybacks are just a way for companies to artificially inflate their stock price. Like dividends, buybacks return company profits to shareholders. But critically, investors must pay capital gains taxes on dividends, while buybacks do not trigger this tax liability. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #explained #2024shorts
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 […]
Evercore ISI Senior Managing Director and Head of Internet Research Mark Mahaney detailed a new list of tech stocks by the ‘Electric Eleven.’ Mahaney explained the similarities between these companies and described why they are driving the internet sector. The ‘Electric Eleven’ is comprised of Airbnb (ABNB), Alphabet (GOOG, GOOGL), Amazon (AMZN), Booking Holdings (BKNG), DoorDash (DASH), Meta Platforms (META), Netflix (NFLX), Shopify (SHOP), Spotify (SPOT), The Trade Desk (TTD), and Uber (UBER). Mahaney joined Yahoo Finance Live on March 20, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #tech #technology #technologynews #technews #electric #eleven #stockoptions #stocktrading #magnificentseven #electriceleven
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 […]
