Archive List for Market

Tesla stock is down more than 35% in 2024. Here’s a timeline of the EV maker’s problems.

Tesla (TSLA) was once soaring high — a member of the Magnificent Seven group of tech or tech-adjacent stocks that led rallies in the S&P 500 (^GSPC) to one of its all-time highs — but has since fallen from grace in the 2024 trading calendar. The company has faced a litany of challenges, from disappointing production figures to leadership concerns around CEO Elon Musk. Yahoo Finance Anchor Madison Mills breaks down a timeline of the challenges that Tesla has faced in recent months to give context to its slide from the top. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, […]

Gas prices outlook: National average could reach $3.75

Gas prices have risen by a substantial 20 cents on a month-over-month basis, now sitting at an average of $3.66 per gallon nationwide. As the United States transitions into the summer season, several factors are expected to drive gas prices even higher in the coming weeks and months. Yahoo Finance’s Ines Ferré breaks down the details, highlighting the areas that are likely to see the most significant price increases in the weeks ahead. #news #gas #youtube 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 […]

Tips to help your children become financially independent

Maconomics Founder Ross Mac joins Wealth! to discuss how parents can ensure their children have better financial prospects than they did. Mac highlights the importance of education: as a parent, Mac teaches his children that money comes from work and that they are shareholders, not just consumers. Custodial Roth IRA accounts are also among Mac’s top recommendations: a few hundred dollars every few months could be the difference between your child having student loans or asking you for financial help in the future, Mac signals. Mac says 529 accounts, or tax-advantaged college savings plans, are also a key strategy to consider. The Maconomics founder explains that the accounts are like […]

How to make the most of your tax refund

You know what time of the year it is – it’s tax time. Did you know that more than 70 percent of Americans actually get a tax refund? So it’s only right that we talk about what it really is and what to do with it. Ross Mac of Macenomics joins Yahoo Finance to break down your tax refund. Tax refund is actually your money (00:00:13) A tax refund isn’t just a magical bonus that the government was feeling generous about giving you. It was actually your money in the first place. You were just paying the government too much in taxes the prior year. Yes, you were giving the […]

Tesla lays off more than 10% of global workforce, stock drops

Tesla (TSLA) is set to lay off more than 10% of its global workforce, according to a report from Electrek citing an internal email from CEO Elon Musk. Musk writes the layoffs will set Tesla up to “be lean, innovative and hungry for the next growth phase cycle.” Yahoo Finance Reporter Pras Subramanian joins the Morning Brief to discuss the details of the announcement and Tesla’s Q1 report. #youtube #tesla #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 at finance.yahoo.com […]

Buying a car? How to decide between an EV and a hybrid

As climate-conscious shoppers enter auto dealerships, they are faced with a choice: EV or hybrid. Yahoo Finance reporter Pras Subramanian joins Wealth! to discuss what consumers should consider when deciding which vehicle to purchase. #youtube #ev #hybrid 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

Investments to consider in a higher-for-longer rate environment

Benchmark interest rates may be slow to come down, meaning mortgages and loans are going to cost more. But there are stocks that investors may want to take advantage of while they’re still cheap. GLOBALT Investments Senior Portfolio Manager Keith Buchanan joins Wealth! to discuss buying opportunities in a higher-for-longer environment. As rate cut outlooks continue to shift, Buchanan claims the last mile for inflation will be “stickier” and “more difficult.” Buchanan currently favors low-duration assets, as high-duration assets have more volatility when interest rates move. The portfolio manager also recommends value assets on the equity and fixed-income sides. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date […]

China asks telecom companies to phase out foreign-made chips: Report

In a blow to Intel (INTC) and AMD (AMD), China has asked its largest telecom carriers to phase out foreign chips from their networks by 2027, according to a Wall Street Journal report. With shares of Intel and AMD sinking on the news, Yahoo Finance reporter Akiko Fujita joins Yahoo Finance to discuss the latest Chinese effort to remove America from its technology. Despite US export controls aimed at Huawei’s semiconductor capacities, the Chinese technology company is still able to produce chips for Chinese telecom carriers. China constitutes a large share of Intel and AMD’s revenue, though only some of the demand comes from telecommunications and data centers. #news #youtube […]

Google announces its new Arm-based ‘Axion’ chip

Google (GOOG, GOOGL) has announced the development of a new custom-built server chip based on Arm Holdings (ARM) technology. The CPU dubbed “Axion” is a chip that the tech giant has designed in-house. 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 #google #alphabet #yahoofinance

How to navigate inheritance conversations

According to an Edward Jones report, 48% of Americans plan to leave an inheritance, but over a third intend to refrain from discussing what they’re leaving behind. Edward Jones Head of Wealth Management Advice and Solutions Lena Haas joins Yahoo Finance Wealth! to discuss the stigma surrounding the Great Wealth Transfer. Haas notes that around $85 trillion will be passed down between now and 2045. She acknowledges that wealth conversations are “an inherently emotional topic” due to negative associations, such as the potential impact on family relationships and the topic of death. Haas emphasizes that it is “critical” to change the narrative surrounding these conversations. When planning for wealth transfer, […]