Elon Musk is appealing his settlement with the Securities and Exchange Commission for his “funding secured” tweet all the way to the US Supreme Court. Musk argues the settlement is being used to infringe on his First Amendment rights. Yahoo Finance Legal Reporter Alexis Keenan explains the case. #youtube #elonmusk #Tesla 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 […]
This segment originally aired on December 8, 2023. Alphabet (GOOG, GOOGL) shares closed higher on Thursday, a day after Google unveiled its newest generative AI model, the Gemini chatbot. Created to handle text, images, video, and other content, Gemini comes in three versions — Ultra, Pro, and Nano — to compete with OpenAI’s ChatGPT and other rivals. The chatbot’s “natively multi-modal” feature is what Google believes will make it stand out—and will be available in Google smartphones including the Pixel 8 Pro, as well the Bard chatbox. Yahoo Finance Tech Editor Dan Howley analyzes Gemini’s features, examining its capabilities versus market alternatives, and talking about Google’s broader strategy moving forward. […]
The US added 199,000 jobs in the month of November according to the latest jobs data print, while consumer sentiment rose by 13.2% month-over-month alongside falling inflation expectations. Interactive Brokers Chief Strategist Steve Sosnick believes this combo of data should assuage recession risks while markets price in the Fed’s interest rate narrative for 2024.”Does [Fed Chair Jerome Powell] have his usual Goldilocks stance at the FOMC meeting where we get a little bit of this, little bit of that, and the market can read in what it wants?” Sosnick ponders to Yahoo Finance. “Or does he go a little more Grinch… at the meeting and sort of say, ‘Guys, you […]
Venezuelan President Nicolás Maduro has made calls to seize part of neighboring country Guyana that has newly discovered oil reserves. Yahoo Finance Senior Columnist Rick Newman expects a potential “skirmish” to occur in the region between Venezuela and Guyana, which could impact the Biden administration’s original easing of sanctions on Venezuela from October. 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 […]
Analyzing the November jobs report released Friday morning, Commonwealth Financial Network CIO Brad McMillan spotlights the 10-year Treasury yield (^TNX) as a key metric to watch. He explains how yields have climbed on assumptions of imminent interest rate cuts by the Fed and expected economic slowdowns. However, stronger-than-expected hiring data challenges that narrative. McMillan believes the report signals economic acceleration rather than slowdown. Consequently, McMillan expects Treasury yields will face upward pressure after pricing in future economic data prints. 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 […]
According to the latest jobs report, the US added 199,000 jobs in the month of November while unemployment fell to 3.7%, both data points contrary to economists’ expectations. RSM Chief Economist Joe Brusuelas likens this labor print as “just another in a steady drumbeat of positive economic news,” while Wolfe Research Chief Economist Stephanie Roth believes markets could re-adjust after running with the Federal Reserve’s previous employment narrative. “By the time we get to the second half of next year, the Fed will be well-positioned to cut rates because we’re going to be headed towards 2.5% on core and top-line inflation by the end of next year,” Brusuelas tells Yahoo […]
After a Bloomberg report revealed SpaceX opened discussion for selling insider shares, a boom of discussion has now opened up to all the possibilities that could occur if the company went public. Quilty Space Co-CEO Chris Quilty joins Yahoo Finance’s Rachelle Akuffo to discuss the potential for future investments in space exploration and how SpaceX’s dominance will be a challenge for future companies. “The problem here is, right now, in the near term, we are in a bit of a constrained environment for launch, and so many of these companies that need to build out constellations, raise capital, they are, to some degree, being slowed down in their ability to […]
Artificial Intelligence. A groundbreaking innovation for humanity that has seemingly seeped into every conversation across a wide range of companies. With so much buzz around this topic, how are investors supposed to sift through what is useful and what is fluff? Nancy Tengler, Laffer Tengler Investments CEO & CIO joins Yahoo Finance to breakdown two stocks that have Wall Street talking: Broadcom (AVGO) and Interpublic Group of Companies (IPG). Tengler gives extensive insight to both companies, commenting that Broadcom has recently received a debt rating upgrade from S&P Global, shows strong capital return, with dividend increases to shareholders, and are actively expanding company exposure to AI. IPG, on the other […]
Wall Street is increasingly bullish on the market outlook (^GSPC, ^DJI, ^IXIC) in 2024. Saxo Senior Fixed Income Strategist Althea Spinozzi and Roundhill Investments Chief Strategy Officer David Mazza join Yahoo Finance Live anchor Brad Smith and to discuss what 2024 may hold in store for the Fed’s interest rate policy and how markets are already pricing in expected interest rate cuts. “Realistically, we believe that inflation is going to have lesser importance than growth throughout 2024. But central banks are going to be cautious about that,” Spinozzi says. “So, right now, the market is pricing in five interest rate cuts by the end of 2024. We believe that that […]
Treasury bond yields have been steadily declining as many investors believe the Federal Reserve is done with interest rate hikes and may begin cutting rates as early as June of 2024. With recent commentary from the Bank Of Japan and November jobs data due out on Friday, predictions for the Fed’s next move have been called into question. RiverFront Global Fixed Income CIO Kevin Nicholson joins Yahoo Finance to discuss the current status of the market. “I think you’ll probably see the bond market go up by 10-15 basis points. I think that you’re going to really see a sell-off abruptly and not to the same degree as the momentum […]
