Berkshires Buffett on how observing human behavior has influenced his investing Yahoo Finance 2024-10-21 | Berkshires Buffett on how observing human behavior has influenced his investing
@Disney to offer line-skipping ticket for over $300 #shorts Yahoo Finance 2024-10-21 | @Disney to offer line-skipping ticket for over $300 #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #disney #disneyland #disneyworld #disneyparks #fastpass
IRS expands free Direct File program to 12 new states #taxes #shorts Yahoo Finance 2024-10-21 | IRS expands free Direct File program to 12 new states #taxes #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #irs #taxes #tax #states #us
Tips to avoid doom spending #shorts Yahoo Finance 2024-10-20 | Tips to avoid doom spending #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #tips #personalfinance #finance #money #investingforbeginners #moneytips #moneymindset #moneymanagement
Medicare open enrollment: The two changes beneficiaries should consider Yahoo Finance 2024-10-20 | Medicare open enrollment is underway, and a slew of changes are on the horizon for 2025. Philip Moeller, Author of "Get What's Yours for Medicare," joins Wealth! to discuss what beneficiaries should consider during the current enrollment period. Moeller highlights two major changes impacting Medicare beneficiaries. First, the Inflation Reduction Act (IRA) passed by the Biden administration will implement changes to prescription drug pricing, including a $2,000 cap on out-of-pocket costs, which Moeller describes as "a big win for people who have expensive drug needs." However, he cautions that these changes will trigger broader adjustments across the industry. Beneficiaries can expect modifications to deductibles, co-pays, and drug pricing structures. Some medications may even be removed entirely from plan formularies as insurance providers adapt to the new regulations. The second change affects Medicare Advantage plans, which Moeller notes are facing "business and regulatory headwinds." Moeller emphasizes the importance of careful consideration during the enrollment period. He advises beneficiaries against rushing their decisions and recommends a thorough review of available plans instead. The evaluation should ensure coverage for necessary medications while aligning with personal financial circumstances.#youtube #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
How to tell in your 30s, 40s if youre on track for retirement Yahoo Finance 2024-10-20 | Any financial planner will say the same thing: It's never too early to plan for your retirement but how do you know if you’re saving enough to enjoy the quality of life you want when you stop working? As you head into your 30s and 40s, it’s a great time to be intentional about saving for retirement before your peak earnings years begin. There are no hard and fast rules but there are calculations you can make depending on your retirement trajectory and what you’d like your retirement to look like. Certified financial adviser and Yahoo Finance "Decoding Retirement" podcast host, Bob Powell explains best practices and strategies to track your retirement goals in your 30’s and 40’s and bolster your retirement savings, even if you feel like you’ve fallen behind.#youtube #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Cybersecurity spending continues to grow: Arctic Wolf CEO Yahoo Finance 2024-10-20 | Arctic Wolf has released its new Human Risk Report today, which analyzes some of the top cybersecurity risks facing companies. Nick Schneider, Arctic Wolf president and CEO, joins Asking for a Trend to discuss the state of cybersecurity ahead of the 2024 presidential election. Schneider calls the election "an event that sparks a lot of interest from bad actors." He notes that some are using the election to spread disinformation and influence Americans into doing things they might not otherwise do because of the tied emotions and importance. He points to bad actors leveraging AI for phishing campaigns as an example. These bad actors could be other nations, criminal gangs, or individual actors, according to Schneider. He explains, "I think during an election year or any time there's an event that has a significant interest in the public sphere, you're going to get increased interest and increased activity from the bad actors, both against businesses, but also against individuals, and kind of where those two meet or intersect is also additional risk to individual organizations." He notes that Arctic Wolf specializes in security operations to protect organizations from threats, help them understand their cybersecurity vulnerabilities, and ensure that they have a plan for incident response. As AI becomes increasingly adopted, Schneider believes it will pose a new dynamic for the industry: "There's an interesting intersection between its ability to increase the effectiveness of the bad actors by giving them new techniques and new methods to leverage those techniques with or against an organization or an individual. I think on the positive side, cybersecurity companies, Arctic Wolf included, have been leveraging AI to ensure that we're improving our efficiency or proving the effectiveness of our solutions, giving customers an additional avenue to ask questions or further understand individual threats." With cybersecurity top of mind for many organizations, Schneider encourages starting with the basics. He stresses the importance of multi-factor authentication (MFA) and making sure employees understand what phishing scams look like. He also believes it is important to understand where any vulnerabilities may lie and have an incident response plan in place in the case of a breach. "I think if you can do those kinds of blocking and tackling, make sure your people are trained and understand the landscape and then have a security operation to protect your business, you'll be in pretty good shape," he tells Yahoo Finance. #youtube #stocks #cybersecurity 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
US earns C+ in global retirement ranking Yahoo Finance 2024-10-20 | The Mercer CFA Institute Global Pension Index, an annual index that ranks 48 retirement systems around the globe, has given the United States a C+ rating. Yahoo Finance Senior Columnist Janna Herron joins Wealth! to discuss the global study and how retirement in the US compares to top-scoring countries like the Netherlands and Iceland. Read more about the study's findings here. To watch more expert insights and analysis on the latest market action, check out more Wealth here. #youtube #news #stocks 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
@Ferrari unveils $3.9M hybrid hypercar #shorts Yahoo Finance 2024-10-20 | @Ferrari unveils $3.9M hybrid hypercar #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #ferrari #hybrid #hybridcar #cars #supercars #luxury #ferrari #ferrarilaferrari
This is the 3-step recipe to saving for retirement Yahoo Finance 2024-10-20 | Retirement savings play a massive role in securing Americans' financial futures. However, building robust savings can often be daunting. To shed light on effective retirement planning strategies, Vanguard Institutional Investor Group head of participant experience Dina Caggiula joins Wealth! Caggiula unveils "a three-step recipe for success" in retirement savings. This approach includes understanding one's plan provisions, selecting a contribution rate that aligns comfortably with personal finances, and crafting an appropriate investment strategy. She emphasizes that these steps are not one-size-fits-all but should be tailored to individual circumstances, current financials, and life stages. However, before diving into retirement savings, Caggiula stresses the importance of laying a solid financial foundation. She advises individuals to eliminate any high-interest debt first and build a substantial emergency fund, which will prevent the need to tap into retirement savings prematurely. #stocks #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
@Google partners with Kairos Power for nuclear energy to run AI models #shorts Yahoo Finance 2024-10-19 | Google partners with Kairos Power for nuclear energy to run AI models #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #google #kairospower #power #energy #nuclearenergy #ai #artificialintelligence
Medicare open enrollment begins. Here are key changes. Yahoo Finance 2024-10-19 | As Medicare open enrollment begins today, 65 Incorporated co-founder and partner Melinda Caughill joins Wealth! to discuss some of the recent changes to Medicare services. Medicare recipients now have a $2,000 cap on out-of-pocket spending. However, this limit only applies when medications are covered by the Part D prescription drug plan. "If they are not covered by your Part D prescription drug coverage, either through a Medicare Advantage or a Part D standalone plan, you're going to pay the full retail price. Whether that price is $500 per month or $30,000 a month, that's on you. And just because your plan covered the medication this year does not necessarily mean that it's going to be covered next year," Caughill explains. She stresses the importance of reading through the annual notice of changes to understand how your coverage may change. In addition, she notes that many networks are "getting a lot tighter" on Medicare Advantage plans, and recipients should also pay close attention to their providers' coverage. Watch the video above to hear some of Caughill's top tips for getting the right insurance coverage. 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
A 6% mortgage rate is ‘the new normal’: Economist #shorts Yahoo Finance 2024-10-19 | A 6% mortgage rate is ‘the new normal’: Economist #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #mortgage #mortgages #mortgageloan #mortgageloans #mortgageloantips #realestate #housing #housingmarket #buyingahome #homebuyer #fed #federalreserve #fedpolicy
Holiday spending to reach record high as shoppers seek deals Yahoo Finance 2024-10-19 | With the holidays quickly approaching, Deloitte’s retail strategy and business transformation principal Brian McCarthy joins Brad Smith on Wealth! discuss what’s expected to be a record-breaking shopping season. “We're seeing after this year of frugality and restraint, consumers are feeling a bit more optimistic about the economy. They're planning to have a very festive holiday season,” McCarthy tells Yahoo Finance. Deloitte’s latest holiday retail survey found that consumers plan to spend a record-high average of $1,778, up 8% from the 2023 survey. “The reason holiday shoppers are going to spend higher this year is driven primarily through a rosier economic outlook,” coupled with “the perception of just higher prices as 70% of shoppers still believe their prices for gifts this year will be higher than last year.” As consumers look for the best value, some are straying away from brand loyalty and prioritizing price and quality over the name. “With the perception of higher prices still top of mind, consumers are really caught between trying to stretch their wallets and being festive and so this really means they're torn between seeking value and remaining loyal.” Deloitte’s survey shows that two-thirds of shoppers are going to switch brands, while half are willing to switch retailers to save. For consumers looking to save without cutting down their holiday list, McCarthy says, “shoppers are encouraged to explore multiple retailers to look for a competitive deal or a price point that they think is going to work for them.” He adds, “I have found AI is a really interesting thing to start asking for where you may find particular products or promotional deals so you can use technology to be a bit more savvy that way.” To watch more expert insights and analysis on the latest market action, check out more Wealth here. #youtube #news #shopping 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Tips for storm-related car damage #shorts Yahoo Finance 2024-10-19 | Tips for storm-related car damage #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #hurricane #stormdamage #storm #autoinsurance #carinsurance #cars #damage #ev #electricvehicle #hurricanemilton #hurricaneseason #hurricanewatch #hurricanehelene
Keys to becoming a millionaire: Risk and patience Yahoo Finance 2024-10-19 | Ever wonder how and where millionaires are putting their investment dollars to use? Goldman Sachs Apex Americas head Anushka Gupta joins Wealth to break down how high-wealth investors allocate their funds."In our work with very large family offices, we find that two key themes sort of emerge in their approach to investing. One is their ability to take risk and the other is their ability to bear illiquidity and be patient," Gupta tells Yahoo Finance.She notes that these investors usually maintain a large allocation to alternatives to cater to a multi-generational approach to wealth. Overall, Gupta recommends that investors of all net worths have a long-term plan and ensure their portfolios are diversified."I think the main thing is being invested over a long period of time versus trying to stock pick, because ultimately, one, you have to pick the right time to enter. If you sell, then you have to pick the right time to reenter," she adds.While some investors want to outperform the S&P 500 (^GSPC), Gupta advises against attempting to picking stocks and, instead, emphasizes the importance of working with professionals: "Stock picking is not easy for the everyday investor to do... Markets are pretty efficient. There's a lot of information out there today, and so finding asymmetric information in return has become harder."Gupta highlights that high-net-worth individuals often invest in private equity and real estate.#youtube #stockmarket #investing 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
S&P 500 sets record, longest weekly win streak of 2024 as Netflix surges Yahoo Finance 2024-10-18 | #stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.comUS stocks notched records and extended impressive streaks Friday as Netflix (NFLX) delivered powerful earnings and set the stage for Big Tech's corporate results in the coming days.The S&P 500 (^GSPC) added about 0.4% and recorded a fresh all-time high, as well as its sixth straight week of gains, the longest streak in 2024. The tech-heavy Nasdaq Composite (^IXIC) moved up 0.6%, leading gains. The Dow Jones Industrial Average (^DJI) rose 0.1% after hitting a new closing high the day before.The major stock gauges logged weekly wins after a strong showing by big banks to kick off earnings season. The Dow grabbed the top of the weekly chart, adding 0.9%, followed by the S&P 500, which increased 0.8%, and the Nasdaq's 0.7% gain.Netflix's results late Thursday relieved some worries that Big Tech names might struggle in the third quarter as they did in the last. The streaming giant's profit surged to outstrip Wall Street estimates, while revenue and subscriber growth also came in stronger than expected. Its shares jumped around 11%.For more on this article, please visit:finance.yahoo.com/news/live/stock-market-today-sp-500-sets-record-longest-weekly-win-streak-of-2024-as-netflix-surges-133101759.html
Apple stock rises after report shows China iPhone sales increasing 20% Yahoo Finance 2024-10-18 | W#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.comApple stock jumped as much as 1.7% following an industry report showing a surge in China iPhone sales.Wedbush analyst Dan Ives said in a note to investors Friday, citing data from Counterpoint Technology Market Research, that China iPhone sales rose 20% since Sept. 20 — when Apple launched its iPhone 16 and its Chinese rival Huawei released a new smartphone model. Apple's strong sales were led by its iPhone 15 models in particular, with sales of those phones jumping 44% year over year."This industry analysis is consistent with our recent Asia trip and supply chain checks that we believe China sales for iPhone 16 will show a strong rebound over the next year with the beginning of this AI driven super cycle led by iPhone 16," said Ives. "We believe 20% of the world's population will ultimately access AI through an Apple device over the coming years."Apple iPhone sales in China have fallen behind Chinese rival Huawei this year. And analysts have voiced concerns that its initial iPhone 16 sales were weak, though recent data has eased those fears.For more on this article, please visit:finance.yahoo.com/news/live/stock-market-today-sp-500-sets-record-longest-weekly-win-streak-of-2024-as-netflix-surges-133101759.html
Okta AI tools will help integrate cybersecurity systems: CEO Yahoo Finance 2024-10-18 | Workplace cybersecurity company Okta (OKTA) unveiled new AI products to better protect customer data at its annual Oktane Identity Conference in Las Vegas. Market Domination hosts Julie Hyman and Josh Lipton welcome Okta CEO Todd McKinnon to talk more about the company's new AI tools to better secure enterprise applications. "The biggest problem in technology today, which is if you look at a company that has probably thousands of applications... they don't all work together in the sense of they don't all share complete information about the identity threats that are coming toward the applications, that are coming toward the infrastructure, and they're not good at sharing real-time risk signals and taking actions as those threats emerge," McKinnon highlights about the category. If the industry worked to integrate more of its applications and interfaces, McKinnon states this can "make the whole industry more secure." It's been over a year since Okta's own customers, Las Vegas casino operators Caesars Entertainment (CZR) and MGM Resort(MGM), were the targets of a major cyber breach. "Every month we block over 3 billion cyber attacks from very, very basic credential-stuffing attacks where a bad threat actor tries to steal your password and reuse it on multiple sites," McKinnon tells Yahoo Finance. "What we're trying to do is help companies understand how they can use our technologies in order to be more secure, but also how we ourselves are becoming more secure and hardening our own corporate infrastructure and working with our customers to champion best practice." To watch more expert insights and analysis on the latest market action, check out more Market Domination here.#youtube #news #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- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Why Enliven is this analysts top biotech stock pick Yahoo Finance 2024-10-18 | Salim Syed, Mizuho Americas managing director and senior analyst, joins the latest edition of Good Buy or Goodbye to discuss his top and bottom picks in the pharmaceutical industry. Syed points to Enliven Therapeutics (ELVN) as his top pick, believing that its drugs in development are promising. He specifically highlights ELVN-001, which is for a type of blood cancer called CML. He explains, "What you would want with these particular products is that they don't have any sort of cardiovascular toxicity, and they just put out six-month or 24-week safety data, and it looked pretty clean." He notes that CML has been growing and that patients are living longer, meaning that they are on drugs for a longer time. "It's now a $14 billion global market. We think it's pretty feasible that a product like ELVN-001, even when you're talking about not getting the first line share, the drug that's prescribed first, but even the second drug after the first line, something in the order of 1 to 2 billion," he tells Yahoo Finance. Syed continues, "It's like, well what sort of multiple would you like to put right on a $1-$2 billion revenue line? The stock is currently trading at a billion and change market cap. We think it's easy to start looking at this as more of a $2 billion, $3 billion story." However, one potential risk he highlights is that the drug is still in Phase I of trials, and if all goes to plan, it could hit the market in 2028. On the other hand, Syed is bearish on Amgen (AMGN), believing that its intrinsic valuation remains difficult. He explains, "The stock is currently $330 or so. Most people, when they're looking at this on a DCF (discounted cash flow) basis, cannot get it that high and are nowhere close. It's more in the two hundred, low two hundred type range... So it has sort of run away from that intrinsic valuation." He also notes that Phase II data for its weight-loss drug AMG 133 will be released soon, adding, "The company has thus far said the drug is differentiated. Nobody really knows what that means." Given how this drug performs, Syed believes the stock could either hit the $400 range or drop down to the $200 range, which he calls a "pretty big swing" for a large cap like Amgen. With players like Eli Lilly (LLY) and Novo Nordisk (NVO) also dominating the weight-loss market, Syed explains it's unclear how AMG 133 will be able to compete. Watch the video above to hear what Syed believes is an upside risk for Amgen. #youtube #biotechnology #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Where polls, betting markets differ on 2024 election predictions Yahoo Finance 2024-10-18 | US stocks (^DJI, ^IXIC, ^GSPC) have seen major upside in the month of October as the market indexes resume their record runs and consumers aren't shy about spending money, according to the most recent retail sales data. Is the US economy ready for the 2024 election happening in less than 18 days? Yahoo Finance senior political columnist Rick Newman comments on the forecasts for voter turnout from polls and what the betting markets are saying about potential election results. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.#youtube #youtube #yahoofinance 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Fed cut had psychological impact on real estate: Redfin CEO Yahoo Finance 2024-10-18 | US pending home sales surged 2.5% in September, marking the largest monthly increase in over a year and a half, according to a Redfin report. Redfin (RDFN) CEO Glenn Kelman joins Wealth! to share his insights on the current housing market dynamics. The 30-year fixed mortgage rate spiked to 6.44%, rising for the third consecutive week. Kelman emphasizes homebuyers' resilience in today's market, particularly their responsiveness to rate fluctuations. "We see people trying to lock a rate on a Friday before it goes up on a Monday," he explains. The Federal Reserve's September rate decision had a psychological impact, triggering what Kelman describes as a "change in the real estate industry." While acknowledging the impact of interest rates on housing affordability, Kelman points to some positive developments. Despite elevated median mortgage rates, monthly payments have decreased by an average of $300 since April, which Kelman says is helping to keep potential buyers engaged: "so people are still staying in the game." Looking ahead to the presidential election, Kelman doesn't anticipate immediate changes to the housing sector, whether under a Trump or Harris administration. Instead, he draws a parallel to the Federal Reserve's influence: "I think many people are waiting the same way they were waiting on the Fed. When the Fed made its cut, it didn't actually affect mortgage rates, but it did affect consumer psychology, and I think when the election is over, it won't actually immediately affect inventory home prices or anything like that, but it might affect homebuyer and home seller psychology." Kelman came on Yahoo Finance in September and commented on the US housing market and policy expectations from Vice President Kamala Harris and former President Donald Trump. Here's what he had to say: One thing Redfin's CEO would like to hear Harris, Trump address how America has forgotten how to build homes.#youtube #realestate #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Why Elon Musk has inserted himself in the 2024 election Yahoo Finance 2024-10-18 | The 2024 White House race is a toss-up between Vice President Kamala Harris and former President Donald Trump. As the campaigns continue to push on in these final weeks, we have our eyes on both candidates to see if they can make any more headway with undecided voters. Will Harris’s Fox News interview move the needle? Can Trump’s billionaire backers and tax promises push him to the finish line? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman break down how the candidates are spending their time in these final days of the election cycle and hone in on Elon Musk and his support for the Trump campaign. “Musk has a lot riding on the election,” Werschkul says. In recent days the tech mogul turned social media CEO put 75 million dollars into his super-PAC supporting the Trump campaign. “He wants influence here and he’s putting a big bet on his ability to get it.” Later in the episode, Akuffo, Werschkul, and Newman are joined by Rachel Snyderman, Managing Director of Economic Policy from the Bipartisan Policy Center, to discuss expiring tariffs, expiring tax cuts, and a potential “fiscal armageddon.”#youtube #ElonMusk #election 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
CVS ousts Karen Lynch in CEO shakeup Yahoo Finance 2024-10-18 | CVS (CVS) has announced that it has replaced its CEO Karen Lynch with longtime executive David Joyner, sending shares sinking in Friday's trading session. Stephanie Davis, Barclays senior research analyst and managing director, joins Market Domination to discuss the leadership shakeup and what it means for CVS moving forward. "I think the decision to put David Joyner in as CEO is probably the right one and the best one they can make right now. David has turnaround experience. He has a very straightforward pull-no-punches style that we saw in his internal memo to the company today. I think all of that is indicative of the directness that we're going to expect out of him and something that CVS really needs as they go into this next era," Davis tells Yahoo Finance. While Joyner has stepped up into the roll, Davis notes that the biggest question now remains around who leads Aetna. "That leaves a pretty significant vacuum in a seat for Aetna, which is the entirety of what's been driving the downside for the past few quarters," she explains. The replacement should be announced by the end of 2024. As some shareholders express concerns about Joyner's qualifications given his background in pharmacy benefit managers (PBM), Davis argues that the move is more about "someone who is a proven executive who has been with the organization for a very long time, who has done a turnaround, and will do a very good job of it given his past history." She continues, "I also think it would be remiss not to mention what CVS has done with its PBM — much more creative and much more consumer-facing. Think about CostVantage. That couldn't happen, that level of consumer price transparency, without someone really taking a crucial look at the PBM." Watch the video above to hear why Davis is still Overweight on CVS's stock. #youtube #stockmarket #stocks 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Nvidia to be the first company to hit $4T market cap: Lumida CEO Yahoo Finance 2024-10-18 | As the AI race heats up, Ram Ahluwalia, Lumida Wealth Management CEO, joins Catalysts to discuss how the competition may weigh on Nvidia (NVDA). "I think we're still in the early innings for Nvidia. Nvidia clearly is capturing the bulk of the value capture in the sector and industry," Ahluwalia tells Yahoo Finance. He expects Nvidia stock to hit $150 by the end of 2024, especially as hyperscalers intend to spend between $50-$100 billion on GPU compute. Ahluwalia believes "there's no question" about Nvidia being the first company to reach a $4 trillion valuation. He argues, "We made a call earlier this year that Nvidia would be the most valuable company in the world. It achieved that milestone yesterday, and the demand for GPU chips is strong. And you're seeing enterprises start to get some ROI (return on investment) on it from the early adopters — Meta's (META) seen ROI on their CapEx (capital expenditures) spend. So, we think Nvidia's got plenty of room to grow from here." Of the "Magnificent Seven" players, he sees Nvidia as the AI winner alongside Alphabet's Google (GOOG, GOOGL) and Meta. #youtube #news #bigtech 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Why a Trump presidency could be a risk to the economy Yahoo Finance 2024-10-18 | As the presidential election looms just 18 days away, Vice President Kamala Harris and former President Donald Trump have presented competing economic proposals to win voter support. Harvard Kennedy School of Government professor Jason Furman joins Catalysts to analyze the potential economic impacts of these proposals. Furman, who served as Chairman of the Council of Economic Advisers under President Obama, notes concerns with a potential Trump presidency, describing it as "quite a risk" to the US economy. His worries center on Trump's evolving stance on tariffs, which has escalated from 10% to potentially 50%. "That would just unleash a trade war," Furman warns. Regarding monetary policy, Furman emphasizes the Federal Reserve as "such an incredibly important institution." While he believes dismantling the Fed would be unlikely within a four-year term, he expresses concern about long-term risks if initiatives started under Trump were continued by a successor. "Just about every analysis that I have seen... have found that Donald Trump's plan would spend considerably more than Harris's would," Furman states. "I think more importantly, there's a lot of businesses who think he doesn't mean what he says on tariffs, on immigration, on government spending, on the Fed," he explains. However, Furman believes there's a 20% chance Trump could implement these plans, a probability he believes "is worth paying attention to." Catch Jason Furman also weigh in on Larry Summers' comments and discern whether the Fed's September rate cut was "a mistake." #youtube #stocks #investing 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Musk campaigns for Trump, but is it a mistake for Tesla? Yahoo Finance 2024-10-18 | Tesla (TSLA) will be the first of the Magnificent Seven tech names to report earnings next week. Lumida Wealth Management CEO Ram Ahluwalia joins Catalysts to lay out his bearish case on the EV maker. "Tesla is the most expensive name in [the] Mag Seven, and it's also seeing significant margin compression. It's facing the threat of EV competition from China and other players like Lucid (LCID) and Rivian (RIVN)," Ahluwalia tells Yahoo Finance. "And they've continued to fail to deliver against their roadmap year after year. The stock really hasn't gone anywhere in the past three years. It's a bit of a meme stock now, it's not driven by fundamentals," He believes the stock may not see a long-lasting pullback unless Tesla misses delivery targets and faces further margin compression. However, he highlights "a lot of bad news" for the stock in the fourth quarter, from seasonality pressures to the presidential election: "I don't think the risk-reward here is attractive." Ahluwalia adds that Tesla CEO Elon Musk, by endorsing former President Donald Trump, is now linking Tesla to the fortunes of the Trump campaign, which will have an impact on Tesla stock. "The primary owners of the stock are retail investors. You don't really see institutions owning Tesla. So it's a big mistake," he explains.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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Dont fight the Fed amid record growth: Portfolio Manager Yahoo Finance 2024-10-18 | Market indexes (^DJI, ^IXIC, ^GSPC) are rolling strong, continuing to hit all-time highs in the fourth quarter as the Federal Reserve considers future interest rate cuts. "That should provide a little bit of a tailwind going forward. And that's really what's been boosting equities... day after day it seems like," NFJ Investment Group managing director and senior portfolio manager Burns McKinney tells Yahoo Finance. McKinney sits down with Brad Smith to talk more about the "Goldilocks-type environment" for stocks, explaining the utilities sector's (XLU) turnaround from 2023's underperformance. "As I noted, you don't want to fight the Fed. But that said, given the fact that you're looking at S&P with a price-to-earnings ratio of 23 times earnings, which over the last several decades, it's only been higher during a brief span in 2020 as well as during the Dot Com Bubble," McKinney says, adding: "And so there are a lot of aggressive assumptions baked in there. So in many ways that is priced for perfection. So what we're arguing is that, you know because the Fed does provide a tailwind. We do expect positive returns going forward, but it's really going to be you're not looking at... long bombs down the field." #youtube #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
@amazon invests $500M in nuclear energy following @Microsoft and @Google #shorts Yahoo Finance 2024-10-18 | @amazon invests $500M in nuclear energy following @Microsoft and @Google #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #amazon #microsoft #google #nuclear #energy #power #ai #aichatbots #chatgpt #artificialintelligence
Why private AI companies are in a high-stakes game Yahoo Finance 2024-10-18 | After initially investing $1 billion in OpenAI back in 2019 and agreeing to an exclusive deal to provide cloud computing power, Microsoft (MSFT) has reportedly paused its funding to the startup. Microsoft CEO Satya Nadella became worried when OpenAI's board briefly ousted CEO Sam Altman last year, and with mounting concerns about OpenAI's spending and Microsoft's over-reliance on the company for its AI initiatives, the tech giant is now exploring alternate sources of AI power. Microsoft has also since hired most of the staff from OpenAI competitor Inflection. Santosh Rao, Manhattan Venture Partners head of research, joins Morning Brief to discuss the relationship between OpenAI and Microsoft and break down the state of private AI companies. "I think you're going to see a lot of this back and forth going on because this whole space is really developing... But I don't think in the end, it's a too huge market, too important a technology to get it into their ecosystem. So there will be compromises. There will be some arrangement. But at the end of the day, you're going to see this because it's a high-stakes game going on in AI, so these kinds of battles do happen — especially in the initial stages that we are in," Rao tells Yahoo Finance. As many AI companies are burning through cash to build and support their operations, Rao believes that it has become a "big concern" for investors looking for significant returns. "Nobody's making money right now except for Nvidia (NVDA). So I think that that's a huge issue in this AI space down the road," he explains. However, he believes that while a "massive investment" is necessary, it will eventually pay off as AI models grow. While OpenAI has become a household name, Rao notes that the IPO market is "on hold" for it and many other private AI names. However, he believes that it is "at the cusp of coming out," and that 2025 will be a "sweet spot" for the IPO market. He points to limiting factors like high volatility, price discovery, and the election keeping many private companies on the sidelines. #youtube #AI #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- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Resale market is super dynamic ahead of holidays: StockX CEO Yahoo Finance 2024-10-18 | Consumers are flocking to online resale marketplace StockX to find the latest and greatest offerings from vintage sneakerheads, streetwear sellers, and all other sorts of collectors. StockX CEO Scott Cutler sits down with Brad Smith on Wealth! to discuss trends in the resale space and what they are indicating about consumer behavior heading into the holiday shopping season. “We're obviously in a challenging macro environment, but I think things are positive going forward. We've had four years of interest rates increasing inflation, and now I think as consumers are looking forward, it's much more optimistic,” Cutler says. Cutler calls the state of the resale market as "super dynamic," noting tremendous shifts in market share in 2024. "And you see this also reflected in the public markets. On the one side, you've got the challenges associated with Nike (NKE), which has really been driven by restocks, oversupply, [and] a lack of innovation. But if you look at the price performance in the resale markets as well as market share gains, where is it happening? Adidas (ADDYY), Asics (ASCCY), Deckers (DECK), which is Hoka and Uggs, and Crocs (CROX).” Cutler says that StockX reflects the dynamics of the resale market in its digital marketplace, with resellers “finding opportunities between wholesale and retail” to offer attractive prices for buyers. “In the catalog of StockX, we've got hundreds of thousands of product pages across multiple categories in sneakers, shoes, electronics, collectibles, apparel, [and] accessories. And so I think if you're a seller, you're really looking for those opportunities for products that you really think customers will be positioned to buy," he tells Yahoo Finance.#youtube #money #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Netflix stock pops on earnings beat, ad tier revenue Yahoo Finance 2024-10-18 | Netflix (NFLX) reported better-than-expected third quarter results, sending the streaming giant’s shares higher and fueling bulls' confidence. Citi managing director Jason Bazinet joins Seana Smith and Brad Smith on Morning Brief to explain why he’s staying neutral on Netflix stock. “The fundamentals were really good, so there's nothing really to pick out there. What I'm a little bit nervous about is what I would just call the sort of shifting bull case on the stock,” Bazinet tells Yahoo Finance, explaining that the bar keeps getting higher for the bull case of the stock with accelerating multiple expansion. “I just get uncomfortable when I start hearing that because when you have multiple expansion like that, you usually need an accelerating top line. And Netflix's top line is actually decelerating as we move forward. So they're going to do 15% growth this year. And they're guiding to 11% to 12% growth next year.” The analyst says another area of concern is engagement growth. “They talk about their engagement being up, but it was up only 1%, so the question is, they're spending a lot of money on content, but they're not getting the response function in terms of deeper engagement.”He adds, “It's really not a question of how much do they have to spend. I think it's more a function of, are they spending on the right things that will cause consumers to stay glued to Netflix, get those engagement numbers up, and then allow Netflix to take price.” #youtube #news #netflix 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Fed governor Waller delivers remarks on decentralized finance Yahoo Finance 2024-10-18 | Fed governor Waller delivers remarks on decentralized finance.#stockmarket #hurricane #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 news and data at finance.yahoo.com- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
A Mag 7 underperformance could be an opportunity for the S&P Yahoo Finance 2024-10-18 | Mega-cap tech stocks, which are part of the Magnificent Seven, will kick off earnings season with Tesla (TSLA)to report third quarter earnings results next week. With speculation forming around the Federal Reserve's future interest rate moves, what does this mean for small-cap (^RUT) stocks? "Regardless of the fact that we have a pretty strong economy right now, Q3 GDP looks like it's going to be above 3%. So that all plays to the small-cap rotation. Basically, in the high interest rate environment, you saw a lot of investors flock to the Mag seven names because they had size and safety," JonesTrading Chief Market Strategist Michael O'Rourke tells Seana Smith and Brad Smith. "But now that we're in this new easing cycle, you're seeing that rally broaden out and it's benefiting both small caps and mid caps," he goes on to say, outlining the core differences between the Russell 2000 and S&P 600 (^SP600). O'Rourke views the Magnificent Seven's overperformance as an opportunity for even the lowest S&P 500 (^GSPC) components to buoy the rest of the index.#youtube #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
P&G CEO talks earnings, outlook, and shrinkflation Yahoo Finance 2024-10-18 | Procter & Gamble (PG) reported mixed first quarter earnings Friday morning. The company's adjusted earnings per share of $1.93 surpassed the expected $1.90. However, revenue fell short of estimates, coming in at $21.74 billion, just below the anticipated $21.96 billion. Following the report, CEO and President Jon Moeller joined Yahoo Finance Executive Editor Brian Sozzi to discuss the company's performance. Moeller addressed a key question for the North American market: "Can we grow meaningful unit volume at the new prices that we've moved to as a result of the commodity cost increases?" He noted that they achieved this, with volume up 4% in the North American business this quarter. Over the last five quarters, he highlighted an average of 3-4 points of growth in the region, demonstrating "a very strong consumer that's being offered a very good value." Despite increased commodity costs in the region, the company has managed to sustain volume growth. Regarding the US consumer and the inflationary environment, Moeller explains, "We try to ensure that we have offerings that are available across the price ladder for consumers who have different outlay needs." He mentions this approach includes tailored pack offerings for budget-conscious consumers, emphasizing the company's commitment to value-driven performance. "Our whole model depends on delighting a number of constituents: delighting consumers, delighting customers, delighting employees, delighting society, delighting shareholders. And I firmly believe that if we fail to do one of those, we will fail to do all of them," Moeller explains to Yahoo Finance. He goes on to add that, when it comes to small packaging sizes, "Smaller sizes, in general, ... are more costly to produce. So it's not intuitive that you grow margin by doing that. But there are times where we will reduce the size of an offering ... because that, at times, increases affordability. So it's based on a desire to increase value, approachability, affordability of our products." 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Uber bookings may lack synergy with travel planning: Analyst Yahoo Finance 2024-10-18 | Uber (UBER) is reportedly exploring a takeover bid for travel booking platform Expedia Group (EXPE) — which owns and operates sites like Trivago, Orbitz, and Vrbo — according to the Financial Times. Uber CEO Dara Khosrowshahi served as Expedia's chief executive and president between 2005 to 2017, and still holds a non-executive seat on the company's board. RBC Capital Markets equity analyst Brad Erickson talks more about this potential M&A action, noting Khosrowshahi's relationship with both companies. "The very basic way to say it is when you think about anything that needs help moving around the world from point to point, whether that's a good a thing, a person, what have you. That's where Uber wants to be," Erickson tells Yahoo Finance. "And I think when they're talking about M&A, that's specifically what they're they're going after." Erickson believes Uber will not go the way of a super app — or everything app — which is very popular among Chinese tech developers. Despite his hesitations around an Uber-Expedia deal, Erickson remains broadly bullish on Uber. #youtube #news #investing 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
C3.ai CEO talks AI in 2025, regulatory challenges: Opening Bid Yahoo Finance 2024-10-18 | The pace of development for AI continues to blow minds. What was cutting-edge 90 days ago looks like old news today. AI models are doing more things even quicker — an observation easily seen in Tesla’s (TSLA) new humanoid robots. After a big year for AI breakthroughs, what might 2025 hold? Will regulators finally catch up with the developers working on the next big AI projects? Yahoo Finance Executive Editor Brian Sozzi talks with C3.ai (AI) chairman and CEO Tom Siebel for a wide-ranging look at AI and how it may shape the future. The pair discusses leadership lessons learned over Siebel’s long time spent in the tech industry, initially with early software pioneer Siebel Systems.#youtube #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
What’s driving grocery prices, Stew Leonard CEO explains #shorts Yahoo Finance 2024-10-18 | What’s driving grocery prices, Stew Leonard CEO explains #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #grocery #groceries #foodshopping #inflation #inflationnews #useconomy #us #food #foodinflation
How earnings are evaluated #shorts Yahoo Finance 2024-10-18 | How earnings are evaluated #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #earnings #explained #company #earningsreport #finance #financetips #tips #analyst #evaluation
Dow hits fresh record, Nvidia and chip stocks jump Yahoo Finance 2024-10-17 | #stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.comTech led US stocks higher on Thursday as TSMC's (TSM) upbeat outlook eased worries about artificial intelligence chip demand, helping lift shares of chip heavyweight Nvidia (NVDA) to an intraday all-time high. Strong retail sales data also reinforced overall strength in the US economy.The tech-heavy Nasdaq Composite (^IXIC) rose just over the flatline, while the S&P 500 (^GSPC) ticked below it, after briefly touching an intraday record. The Dow Jones Industrial Average (^DJI) gained 0.4% to hover near all-time highs.Contract chipmaker TSMC posted a 54% jump in quarterly profit to beat Wall Street estimates and raised its forecast for 2024 revenue growth amid surging AI demand. The outlook boost from the main chipmaker for Apple (AAPL) and Nvidia reassured a market spooked by ASML's (ASML) downbeat sales forecast, reviving hopes for an AI boom.TSMC's US-listed shares climbed about 10%, crossing a $1 trillion market valuation. Its forecast helped spur a rally in chip stocks, including Arm (ARM), Broadcom (AVGO), and Nvidia, which all were up more than 2%.On the data front, retail sales jumped 0.4%, more than the 0.3% rise expected, giving credence to the argument the economy could be reaccelerating following a surprisingly strong September jobs report. Weekly jobless claims came in at 241,000, far below expectations, and a drop from the prior week's upwardly revised 260,000. The data released Thursday morning was watched by investors debating whether the Federal Reserve will hold off from cutting interest rates in November.After a stellar showing by big banks, the focus is now on Big Tech earnings to wipe away the disappointments of the last quarter. After the bell, Netflix (NFLX) popped as much as 5% following better than expected earnings and subscriber growth.For more on this article, please visit:finance.yahoo.com/news/live/stock-market-today-dow-hits-fresh-record-nvidia-and-chip-stocks-jump-133104402.html
Mark Cuban joins Kamala Harris on the campaign trail Yahoo Finance 2024-10-17 | Vice President Kamala Harris has a new face hitting her presidential campaign trail — billionaire businessman Mark Cuban. Yahoo Finance Washington Correspondent Ben Werschkul joins Market Domination Overtime to break down the news and discuss what Cuban can bring to the campaign. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.#youtube #stocks #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Googles NotebookLM AI can turn documents into podcasts Yahoo Finance 2024-10-17 | Google's (GOOG, GOOGL) NotebookLM can transform document text into engaging podcasts all thanks to its most advanced AI model, Gemini 1.5. Yahoo Finance special reporter Akiko Fujita joins Asking for a Trend to discuss the product and demonstrate how it works, referencing back to an interview with Google Labs Vice President Josh Woodward on the product's development. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Strategist talks market risks and tailwinds Yahoo Finance 2024-10-17 | B. Riley Wealth chief market strategist Art Hogan joins Market Domination to break down why the barbell approach may be the best strategy for investors navigating the current market. "The barbell approach basically is, pick your favorite mega-cap technology names of the Mag Seven... but you want to make sure that that barbell is level on the other side of that. We like to look at what likely is starting to garner some attention. So on that side of the spectrum, we've been looking at industrials (XLI), healthcare (XLV), and financials (XLF). And that helps you balance that out," Hogan tells Yahoo Finance. With this approach, he recommends rebalancing and selling some of your winning stocks to pick up those that have been lagging in the last year as the market rotates out of Big Tech. He explains that the barbell strategy provides "some discipline" to make sure investors' exposure to the tech and communication services sectors isn't outsized. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.#youtube #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Trump, Harris promising more than they can deliver: Rep. Brady Yahoo Finance 2024-10-17 | As the 2024 presidential election lies just a few weeks away, Kevin Brady, Former House Ways and Means Chair (R-TX) joins Catalysts to discuss Trump and Harris's tax plans. A recent Harvard Law study revealed that former President Donald Trump's 2017 Tax Cuts and Jobs Act led to less than 1% in GDP growth and wage increases fell far short of what was expected. Brady tells Yahoo Finance that "there is no amount of tax hikes that will ever pay for government spending that exceeds it by double digits each year."However, he notes that more than 70% of the Tax Cuts and Jobs Act was paid for, explaining," The president signed it because we made $4 trillion of reforms to help offset it." He continues, "Since then, we've had record revenues, both from individuals, certainly the corporate revenues this year, I think, are the highest percentage in the US history. So in fact, we're gaining more revenue at a 21% corporate rate than projected at 35%, so those tax cuts grew revenue in a big way."Brady explains that both Trump and Harris are "writing checks on proposals that will be very hard for Congress or taxpayers to cash." Thus, both candidates will have to work with Congress on spending.#youtube #news #trump 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Biden forgives another $4.5B in student debt Yahoo Finance 2024-10-17 | The Biden administration is forgiving $4.5 billion in student loan debt for over 60,000 public service workers as part of the White House's Public Service Loan Forgiveness program. This will benefit teachers, nurses, firefighters, lawyers, and other public service professionals working at various states levels or at nonprofit organizations. "One of the impacts that student loans have is that it makes it more difficult for people to go into public service because they take out the same amount of loans, but they have to accept a lower salary," US Department of Education Under Secretary James Kvaal tells Brad Smith on Wealth. Kvaal acknowledges the challenges public service workers faced in receiving student loan relief in the past: "We've changed how we administer the program, and we want to make sure that student debt doesn't stand in a way when young people want to become a teacher or a nurse or a first responder, we have to make it possible for people to give back." In 2024 alone, President Biden forgave $3.2 billion in student debt for 43,900 public service workers in January and then an additional $1.2 billion for 35,000 workers in July. Debt relief under the PSLF program now totals over $70 billion since October 2021. "Some people say, 'It's not my problem, they chose to take out the loan,' but the reality is for these 40 million people, it's not just an economic weight for them, it's for their families," Kvaal says on the broader burden for all Americans with student debt. "It makes it harder to buy a home, to start a business, to go into a public service job. So it's really a problem for all of us and something that we all need to help fix as the student debt crisis." To watch more expert insights and analysis on the latest market action, check out more Wealth here.#youtube #news #studentloans 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
What big banks embrace of AI means for workers Yahoo Finance 2024-10-17 | JPMorgan Chase & Co. (JPM) CEO Jamie Dimon says while artificial intelligence (AI) is poised to boost productivity, banks need to do more to help the workers who will be displaced by the tech. Synechron Co-Founder and CEO Faisal Husain joins Seana Smith and Madison Mills on Catalysts to discuss what the company that advises nine of the 10 of the largest banks outside of China on AI is telling clients. “We believe that AI can play a big role in boosting productivity and thereby also reducing cost for a lot of financial institutions and also other enterprises. But at the same time, we're still in the very early stages of this technology. It will take time to get it to a point where, as Mr. Dimon says, it massively affects jobs. So I think it will be a gradual process.” Husain says it will take time for banks to see the full return on their investment in AI. “The technology is still evolving. It's evolving at a very fast pace. We're still trying to help our clients understand where it can be applied, how it can be applied, and people are going in different directions.” Synechron is telling clients, “Don't worry about finding the killer app for your company within your enterprise,” Husain says, telling that "productivity-focused initiatives" should initially be aimed at saving minute amounts of time in workflows first. "And use that as a way of leveraging AI within the enterprise rather than finding this nirvana, this killer app type of a solution which takes time.” #youtube #stockmarket #bankingnews 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Why it pays to own quality in this bull market: Portfolio mgr. Yahoo Finance 2024-10-17 | US stocks (^DJI, ^IXIC, ^GSPC) continue to climb as the bull market maintains its momentum. Aptus Capital Advisors portfolio manager David Wagner joins Wealth! to share his outlook on the current market landscape. Wagner observes that the market is reaching new highs "from different whys." While the "Magnificent Seven" tech giants have driven most market gains over the past 18 months, he notes this trend is now broadening to other sectors and stocks. Wagner points to "undervalued" areas, such as US small caps and international stocks, which began outperforming in the third quarter. However, some volatility may lie ahead as the market enters its third year of a bull run. "When you start to head into the third, fourth, fifth year of some type of bull market, I think it pays to own more quality," Wagner tells Yahoo Finance. "It pays to own companies that have operating leverage. It pays to own companies that are pricing in elasticity, the long runways of growth, and more importantly, profitability." Given this outlook, Wagner advises investors to focus on high-quality tech names while balancing their portfolios with high-quality industrials. To watch more expert insights and analysis on the latest market action, check out more Wealth here. #youtube #stockmarket #news 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Fed’s dot plot should be taken ‘with a grain of salt’: Strategist #shorts Yahoo Finance 2024-10-17 | Fed’s dot plot should be taken ‘with a grain of salt’: Strategist #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #fed #federalreserve #fedratecut #jeromepowell #powell #federal #inflation #inflationnews
US election the biggest risk to the economy: Mark Zandi Yahoo Finance 2024-10-17 | As the 2024 presidential election lies a few weeks away, Moody's Analytics chief economist Mark Zandi joins Catalysts to discuss how the outcome could weigh on the US economy. Zandi sees the election as the biggest risk to the economy at this juncture. He notes that with the race as contentious as it is, it could take weeks to come to get finalized results, which could be. a complicated process. He adds that congressional outcomes will also be important, and explains, "If it's [Vice President Kamala] Harris with a divided government, we've got a debt limit battle that's brewing next year. If it's a President Trump with a Republican sweep — which seems like a more likely scenario — that's a game-changing event. We're going to be doing tariffs and deportation, and it's just a whole different ballgame." Former President Donald Trump has discussed implementing at least 10% tariffs on all US imports if elected and has touted increased tariffs on China, which could be up to 60%. Zandi explains that if the US were to adopt these policies, it would be detrimental to the economy: "It means higher inflation just by definition." It would also challenge the Federal Reserve's mandate when it comes to low inflation and could lead the central bank to halt its rate-cutting cycle. "So it's a combination of higher inflation, higher interest rates, And all that means is slower growth or no growth. So it's a diminished economy," he tells Yahoo Finance. Trump has also expressed that the president should have more influence over the Federal Reserve. However, Zandi stresses that the Fed's independence is "critical": "It's a cornerstone of the well-functioning market economy like ours. I mean, we need a Federal Reserve that is independent, that makes decisions that aren't influenced by politics, aren't influenced by anything other than achieving those mandates — full employment and low and stable inflation." Zandi warns, "When central banks are captured by the executive branch, by the president or prime minister, it never works out well... It always results in too easy monetary policy and higher inflation." While many Americans are worried about the deficit, he explains that both Trump and Harris will add to it, but Trump's policies would likely add more than Harris's. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. #youtube #news #stocks 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
HPE CEO: Juniper deal positions us for AI gains Yahoo Finance 2024-10-17 | As Hewlett Packard Enterprise (HPE) expects to close its acquisition of Juniper Networks (JNPR) in the coming weeks, HPE CEO Antonio Neri sits down with Yahoo Finance's Executive Editor Brian Sozzi and Morning Brief Host Seana Smith to discuss the deal and how the company is working to expand its artificial intelligence (AI) offerings. Watch the video above for Neri's perspective on Big Tech's recent push into nuclear energy, what's next for AI, HPE's ongoing Nvidia (NVDA) partnership, and more. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. #news #HPE #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 news and data at finance.yahoo.com- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
Building wealth: Can you hack your way into making more money? Yahoo Finance 2024-10-17 | Everyone is trying to get ahead financially, but actually doing it isn't always straightforward. Nearly 80% of adults seek financial advice from social media, but 74% of that content is filed with either "dangerous" or "unregulated" financial advice, according to a study by MoneySuperMarket. So how can people get the best information about building their wealth, and is there such a thing as a "wealth hack"?In this week's episode of Money Glow Up, host Tiffany Aliche speaks to Vivian Tu, founder and CEO of personal finance brand "Your Rich BFF," about financial literacy on social media and seeking legitimate advice on how to build your wealth. "It's important to vet who you're following, who you're listening to, and know that they're not going to encourage you to do something that could get you into a lot of trouble," Tu stresses.Tu reveals some of her favorite tips and tricks everyone could and should do to build wealth. Together with Yahoo Finance, Tiffany Alice creates a space to share authentic and inspiring money stories, learn financial fundamentals, and build your future. Step into the classroom with Money Glow Up every Thursday at 12 p.m. ET with Tiffany Aliche — aka The Budgetnista — to jump-start your financial journey.#youtube #stockmarket #stocks 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 (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)- Follow Yahoo Finance on social:X: http://twitter.com/YahooFinanceInstagram: instagram.com/yahoofinance/?hl=enTikTok: tiktok.com/@yahoofinance?lang=enFacebook: facebook.com/yahoofinanceLinkedIn: linkedin.com/company/yahoo-finance
