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US stocks turned lower on Tuesday as investors bide their time until a key inflation report lands and potentially sheds light on the path of interest rates. By mid-morning trading, all three major indexes reversed earlier session gains. The Dow Jones Indus
At the Cloud Next conference in Las Vegas, Google (GOOG, GOOGL) and Intel (INTC) each introduced new chips. Google's Axion is a custom Arm-based server chip and Intel's Gaudi 3 is an AI chip designed to take on Nvidia's (NVDA) most popular AI processors. M
Index funds — a portfolio or group of stocks designed to mimic the performance of existing stock market indexes (^DJI, ^IXIC, ^GSPC) — generally have a 97% chance of outperforming regular markets based on portfolio composition, according to Ferri Investmen
According to the CME FedWatch Tool, the odds of a first rate cut in June fell 6% compared to a month ago. Fueling this debate is mixed messaging from Fed leadership and an influx of inflation data that shows how well certain aspects of the economy are perf
LIVE: President Biden remarks on the care economy 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 f
According to a report from Bloomberg, General Motors (GM) is set to resume testing of its Cruise robotaxi in Phoenix, Arizona, while Elon Musk announced on Friday in a post on X.com that Tesla (TSLA) will be unveiling its robotaxi on August 8. In addition,
The IPO market has started to see increased activity in 2024, with 33 IPOs so far. Renaissance Capital Assistant Portfolio Manager Avery Marquez joins Yahoo Finance Live to discuss why she believes a spring pickup is starting to materialize. Marquez states
Google (GOOG, GOOGL) has announced the development of a new custom-built server chip based on Arm Holdings (ARM) technology. The CPU dubbed "Axion" is a chip that the tech giant has designed in-house. About Yahoo Finance: Yahoo Finance provides free stock
This week is full of key inflation data in the form of the Consumer Price Index (CPI) and Producer Price Index (PPI) as well as jobless claims, a slew of earnings from major financial institutions, and minutes from the March FOMC meeting will be released.
Blackstone Inc. (BX) is on the path to acquiring Apartment Income REIT Corp. (AIRC) for $10 billion with plans to take the real estate investment firm private. Yahoo Finance Live monitors shares of Apartment Income REIT Corp. following this announcement. A
President Biden remarked on lowering costs for Americans on April 8, 2024. 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
2024 has been an especially good year for commodities so far, where gold (GC=F) and silver (SI=F) prices continue to climb and crude oil (CL=F, BZ=F) has even pierced above $90 per barrel. Bloomberg Intelligence Commodity Strategist Mike McGlone explains t
According to an Edward Jones report, 48% of Americans plan to leave an inheritance, but over a third intend to refrain from discussing what they're leaving behind. Edward Jones Head of Wealth Management Advice and Solutions Lena Haas joins Yahoo Finance We
Shares of Taiwan Semiconductor Manufacturing Company (TSM) — commonly referred to as TSMC — are moving higher after the Biden administration announced it will give $6.6 billion in federal grants to the chip maker, as the company adds another $25 billion to
Dealing with challenges created by high inflation, many Americans have been forced to make adjustments to their retirement savings strategies. Some have opted to pause or lower their contributions, while others have even resorted to dipping into their acco
In his latest shareholder letter, JPMorgan (JPM) Chase CEO Jamie Dimon has highlighted three key concerns: interest rate hikes in the US economy, risks posed by artificial intelligence (AI), and growing federal debt levels. About Yahoo Finance: Yahoo Finan
Benchmark Managing Director and Senior Research Analyst for Fintech and Digital Assets significantly raised his price target on MicroStrategy (MSTR), from $990 to $1,875, while reiterating the Buy rating on the stock. This move was prompted by the ongoing
RBC Wealth Management vice president and financial advisor Nora Yousif joins Wealth! to break down the top tips for investors to boost their portfolios during the political volatility of an election year. Yousif explains that election years follow a consis
US Secretary of the Treasury Janet Yellen's trip to China is set to conclude after her meeting with top Chinese economic officials over the past four days. Secretary Yellen addressed several chief concerns on her trip, including the United States and China