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Shares of EV makers Tesla (TSLA) and Li Auto (Li) are both declining in Monday's pre-market session — and into the market open — as both companies have begun to slash vehicle prices in Chinese markets yet again. Yahoo Finance's Pras Subramanian reports on
Shares of Taiwan Semiconductor Manufacturing Company (TSM) are falling after the company posted its first quarter earnings. While the company posted a net profit of $6.97 billion, beating Wall Street expectations, company leadership cut its forecast for th
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
Shares of Trump Media & Technology Group (DJT) have experienced a significant decline, erasing all the gains the stock had made since the company went public in March. The stock, which had previously hit a high of $80 per share, has now fallen to approxima
The utilities sector (XLU) has remained nearly flat year-to-date when compared to the massive gains seen in other sectors in 2024, such as technology. Citi Equity Analyst Ryan Levine believes that the utilities sector's poor performance has gone on for too
The Federal Aviation Administration (FAA) has opened up an investigation into a Boeing (BA) whistleblower's claims alleging the fuselage of Boeing's 787 Dreamliner twinjet is not properly fastened and could lead to mid-air incidents, according to a report
As the April 15 tax filing deadline approaches in less than a week, many Americans have waited until the last minute to submit their returns. Jackson Hewitt Chief Tax Information Officer Mark Steber joins Wealth! to provide insights on what individuals nee
Maryland Governor Moore delivers update on bridge collapse recovery efforts. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more informatio
Norfolk Southern (NSC) announced on Tuesday that the company will pay $600 million to settle the East Palestine, Ohio train derailment lawsuit. The judge presiding over the case must give final approval before the settlement is resolved. Norfolk Southern s
According to a Bankrate survey, 30% of Americans are willing to take on debt for discretionary purchases such as travel, live entertainment, or dining out. The survey also highlighted that younger generations are the most willing to take on debt to have so
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
The Federal Reserve has stressed that it is waiting for inflation data to provide enough confidence that inflation is returning to the 2% target before initiating a rate cutting cycle. As markets have priced in three potential rate cuts, with the first pre
Tesla (TSLA) has settled a lawsuit over a fatal crash in which the driver used its Autopilot software. The family of the Apple engineer killed in the crash allege Tesla oversold the technology's capabilities, while Tesla made the case the driver had been p
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
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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
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
JPMorgan (JPM) Chase CEO Jamie Dimon delivered his latest shareholder letter on April 8, 2024, outlining three key concerns in the U.S. economy: interest rate hikes, AI, and the U.S. deficit. Yahoo Finance’s Madison Mills broke down the report on April 8,
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,