The latest financial news from the reporters at Yahoo Finance.
Stocks inched higher on Thursday as inflation ticked up, but disinflationary trends remained positive. The labor market is cooling, with higher-income earners filing for unemployment. Earnings season saw mixed results, with Disney raising prices and foodstock falling due to a cybersecurity vulnerability. Yeti reported better-than-expected quarterly results.
This episode covers various topics including the stock market, gas prices, Disney's earnings, WeWork's uncertain future, Lyft's performance compared to Uber, and updates on Twilio Inc and Rivian.
Stocks came under pressure due to concerns about US bank health and weak Chinese trade data, but recovered later. Moody's downgrade of US banks and Italy's windfall tax on lenders' profits added to the worries. Chinese imports and exports slumped, dimming economic prospects. Earnings reports and Disney's fiscal third quarter results are awaited. Beyond Meat and Palantir stocks fell, while Till Ray rose after acquiring beer and beverage brands. Data Dog stock sank as it lowered its full-year outlook.
The episode covers various topics including the introduction of Karen Finerman's podcast, market updates, stock performance, and a wrap-up with a job posting.
The episode covers the stock market's performance, inflation data, upcoming economic calendar, AI updates during earnings season, and the wrap-up of earning season.
The episode covers various topics including women, money, and power, stock market performance, AI in the tech industry, SEC lawsuit against Coinbase, and LinkedIn jobs for small businesses.
The episode covers various topics including women, money, and power, the US stock market plunge, Bank of America's economic outlook, earnings reports and job cuts, Amazon's second quarter earnings, product innovation, and future outlook. Cloud results remain a concern for tech investors.
The episode covers the market watch, earnings season, and the potential of Meta-stock. Mixed earnings reports affected the market, with Caterpillar warning of a slowdown and Pfizer trimming its revenue forecast. Job openings fell to a two-year low. Tesla faced an investigation into steering control issues. Airliner shares struggled as JetBlue and Alaska Air issued lower guidance. However, Meta-stock is still considered undervalued with significant earnings potential.
Stocks were muted on Monday as investors prepared for earnings from mega-cap tech companies and the July Jobs Report. Job growth is expected to be resilient, raising optimism about inflation targets. Home prices are forecasted to hold steady in 2023 before edging lower in 2024. The toy economy is thriving, with Barbie dominating the box office. Hasbro stock was upgraded, and several other stocks saw significant gains. LinkedIn jobs offers a platform to find qualified candidates for small businesses.
This episode covers the upcoming earnings reports from Apple and Amazon, the July Jobs Report, updates on economic activity, and the performance of the market. It also discusses expectations for Apple and Amazon's earnings, cloud services, and the current earnings season.