#tesla #ev #shanghai #yahoofinance Tesla (TSLA) is developing a revamped Model Y version to be produced at its Shanghai Gigafactory, slated to start production in mid-2024, according to a report from Bloomberg. The updated Model Y will feature new tech such as ambient lighting. Yahoo Finance’s Pras Subramanian analyzes Tesla’s product refresh as competition heats up in China, with domestic EV maker BYD (BYDDF) on pace to outsell Tesla for the first time ever this quarter. 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 […]
#maersk #redsea #yahoofinance #shipping #yemeni As Yemeni rebels continue to launch a series of attacks on container ships crossing through the Red Sea, Danish logistics company Maersk (AMKBY) has resumed its shipping operations in the region. Yahoo Finance examines the ripple effect geopolitical pressures are having on companies through this squeeze on freight operators. 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 […]
As the US sales ban on the Apple Watch Series 9 and Ultra 2 goes into effect, Apple (AAPL) has filed an emergency request to stop the ban as the court considers the appeal. Creative Strategies CEO and Principal Analyst Ben Bajarin joins Yahoo Finance to discuss the ban and how it may impact Apple. “”I think it really depends on the length of the ban,”” Bajarin says. “”This news is priced”” into the stock, “”but I think people are also betting that this sales ban’s not going to last a full year… It’s really how does this get resolved and how long does this go out?”” “”I don’t expect […]
Recent Mastercard spending data revealed holiday retail sales grew 3.1% year-over-year. Apparel, grocery, and restaurants saw gains, while electronics and jewelry lagged. Yahoo Finance’s Julie Hyman and Josh Lipton analyze consumer spending trends amid inflation and other economic concerns. 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 Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) […]
Aquaman and the Lost Kingdom brought in a disappointing $40 million at the box office this four-day holiday weekend. Comscore Sr. Media Analyst Paul Dergarabedian joins Yahoo Finance to discuss the state of the box office. “”We’ve had a very interesting year at the box office. Maybe the most unusual we’ve ever seen,”” Dergarabedian says. With Aquaman and the Lost Kingdom and other superhero films recently underperforming at the box office, “”it really has the industry rethinking, what is it that audiences want?”” “”Great time to be a moviegoer. Little bit tougher for the theaters right now. But I think January we’ll see a lot of these movies that are […]
Crypto investors of all sorts are patiently waiting on spot bitcoin ETF approval from the Securities and Exchange Commission, with the price of bitcoin (BTC-USD) soaring in anticipation of the potential sign off. Dinara Co-Founder & CEO Laurence Latimer joins Yahoo Finance to discuss what would happen both immediately, and down the line, if the ETF is approved and how other cryptocurrencies can benefit from it. Latimer believes “”it would be a massive event for the industry”” and that it would be a “”great support for the institutionalization of digital assets and the mainstreaming of digital assets, widespread adoption.”” However, he also believes that “”much of the price movement has […]
Geopolitical conflicts could create further headwinds for the markets. While the economy has seemed to weather these headwinds so far, potential “”shocks”” to the market could still occur, according to Brian Jacobsen, Chief Economist at Annex Wealth Management. He joined Yahoo Finance to discuss these ongoing conflicts and how investors can best position their portfolio in case of these shocks. Jacobsen advises to take a look at energy given the kind of impact these events can have on the oil market: “”When we look at the energy sector, we do think that actually that area is slightly undervalued relative to the cash flow that those companies can generate. So if […]
#tech #ipo #yahoofinance #2024 The Tech sector has certainly dominated Wall Street with the Magnificent Seven and endless discussion on AI, but can it continue? In addition, IPOs have had a lackluster year with several companies making their IPO debut but failing to really capitalize on the momentum. Will that change for 2024? Jay Woods, Freedom Capital Markets Chief Global Strategist, joins Yahoo Finance to discuss both of these sectors and how they will perform next year. Woods explains why he is enticed by IPOs. “The thing that I do like is the beaten-down IPOs, from a year ago, two years ago, like Affirm, Coinbase, they are starting to come […]
Yahoo Finance anchor Seana Smith spoke with top CEOs at the Barclays Global Technology Conference about trends in business including artificial intelligence, macro challenges, investor optimism for 2024 and more. 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
#inflation #consumer #consumerspending #yahoofinance #fed The Federal Reserve’s preferred inflation gauge, the PCE Index, showed inflation continued to cool in November. But that doesn’t mean Americans are feeling a tremendous amount of relief when they go to the store. As Economic Cycle Research Institute Co-Founder Lakshman Achuthan explains “the rate of inflation is coming down, but it doesn’t mean that prices levels have come down… They went up and they’re just not rising as fast, they’re rising slower.” Overall, Acuthan says that discretionary spending is softening, while non-discretionary spending, such as education and healthcare, remains “solid.” Watch the video above to hear what Acuthan says about what the cooling inflation […]
