Archive List for Market

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 […]

How recycled plastic is recirculated to minimize landfill waste for future generations

As world leaders debate fossil fuel reliance at the COP28 climate summit, waste management innovators invest in sustainable practices and the reuse of plastics. Republic Services (RSG) CEO Jon Vander Ark tells Yahoo Finance’s Rachelle Akuffo that of 5 million items collected daily, plastics and cardboard dominate all which rely on fossil fuel usage for creation. While recyclables get reprocessed into products like carpets, Vander Ark notes these ultimately reach landfills too. However, Republic’s new Las Vegas Polymer Center aims to achieve “true circularity” — bottles remade endlessly into new bottles. Vander Ark says the facility will help overturn current shortages in sustainable recycling infrastructure. Alongside corporate and regulatory pressures […]

Younger shoppers using buy now, pay later more: VantageScore CEO

Credit card debt and delinquencies are rising, with some experts warning of a credit card crisis with the advent of holiday spending. Younger consumers are having to face a tough time as a Bank of America survey showed nearly three in four Gen-Zers have curbed their spending in response to higher inflation. VantageScore CEO Silvio Tavares joins Yahoo Finance’s Jared Blikre to discuss the state of credit and purchasing amongst younger consumers and the turmoil they may face going forward. Tavares comments on the rise of ‘buy now, pay later,’ saying “what we’re seeing is consumers shifting that spending to buy now, pay later…In three or four months there could […]