Yahoo Finance

  • Tesla earnings, Boeing, TikTok ban bill: 3 Things

    Tesla (TSLA) stocks are popping in Wednesday's pre-market trading after commenting on its plans for more affordable EV models in its earnings call on Tuesday. The electric vehicle maker reported a first-quarter earnings miss as its shares have fallen over 40% year-to-date in 2024. Boeing (BA) posted better-than-expected earnings, revealing revenue of $16.57 billion while its adjusted losses were lower-than-expected at $1.13 per share. The aerospace manufacturer stated it is "undertaking comprehensive actions" to address safety concerns and overhaul its assembly process. Lastly, US lawmakers have passed its foreign aid package that includes the controversial bill that could ban TikTok's operations in the US. Currently, the bill is on its way to President Biden who is expected to sign it into law. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Transforming commercial real estate into residential housing

    The housing market is witnessing innovative efforts to combat the inventory crisis. One such initiative involves repurposing commercial properties into residential units.  As part of Yahoo Finance's Real Estate: The New Reality special coverage this week, Housing Reporter Dani Romero explores the conversion process of a former WeWork workspace alongside Vanbarton Group Managing Director Joey Chilelli, to discuss a notable example. They walk through an office space that will be turned into a 75-unit apartment building, examining the process and how such transformations can alleviate the housing shortage. Catch more of Yahoo Finance's Real Estate: The New Reality coverage this week, or watch this full episode here. This post was written by Angel Smith

  • GM, Tesla, and UPS earnings in focus: 3 Things

    General Motors (GM) stock shifts into high gear in Tuesday's pre-market trading after reporting a first-quarter earnings beat, anticipating "positive variable profit" in its EV sales in its full-year guidance. Tesla (TSLA) will report earnings after Tuesday's market close. Investors will be heavily scrutinizing the EV giant's results closely after a rocky 2024 start. Lastly, United Parcel Service (UPS) tops first-quarter estimates in its top and bottom lines, reporting rising labor costs. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Meta opens up Quest operating system, Embracer Group to split

    Mark Zuckerberg, CEO of Meta (META), took to Instagram on Monday to reveal the details of "Meta Horizon OS." Zuckerberg announced that the software platform designed to power the company's Quest virtual reality headset lineup will now be open for software developers to build applications and other hardware tailored for the operating system. Yahoo Finance's Dan Howley breaks down the details of Meta's announcement. He also provides insights into Embracer Group (EMBRAC-B.ST) splitting into three companies.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

  • Tesla encourages investors to reinstate Musk's pay package

    Tesla (TSLA) is asking shareholders to vote to reinstate Elon Musk's $56 billion pay package at its June 13 meeting. Yahoo Finance Legal Reporter Alexis Keenan details how investors are viewing this situation after the Delaware Chancery Court already rejected Musk's original claims for his sizable pay package and how much more legal scrutiny this could open up for the EV maker from regulators. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

  • Big Tech earnings, EV prices in China, aid package: 3 Things

    Stock index futures (^DJI, ^IXIC, ^GSPC) are eager to shake off April sell-offs ahead of Big Tech earnings this week. The S&P 500 is back above 5,000 in Monday's pre-market trading. Tesla (TSLA) and Chinese competitor Li Auto (LI) are both slashing prices on their electric vehicles in Chinese markets. The US House of Representatives voted to pass its foreign aid package, which includes support for Israel, Ukraine, Taiwan, and the potential TikTok ban bill. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Oil prices have muted reaction to Israel, Iran conflict

    Oil prices (BZ=F, CL=F) are on the move on Friday after Israel launched a retaliatory strike against Iran. In addition, national gas prices have begun to move higher with northeastern states in the US potentially feeling more pain at the pump due to late adaptation of summer-blend gas. Yahoo Finance Reporter Ines Ferré joins Market Domination to break down the price movements in crude oil futures. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino and updated by Luke Carberry Mogan.

  • Israel strikes Iran, oil prices, Netflix earnings: 3 Things

    Stock futures edge lower (^DJI, ^IXIC, ^GSPC) ahead of Friday's market open after Israel retaliated against Iran by launching its own series of airstrikes. Crude oil futures (CL=F, BZ=F) retreat on the headlines of increasing Middle East tensions, centered around the airstrikes coordinated by Israel last night. Lastly, Netflix (NFLX) shares fall in pre-market trading in the wake of reporting 9.3 million new subscriber additions in its first quarter. Ultimately, the streamer's second-quarter revenue forecasts have seemed to disappoint investors. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Lithium Americas stock plummets on discounted share offering

    Lithium Americas' stock (LAC) plummeted after the company announced it was offering new shares at a discount. The shares were priced at $5, which was nearly 25% lower than Wednesday's closing price.  Yahoo Finance's Julie Hyman and Myles Udland discuss the announcement. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.

  • Netflix earnings: Subscriber growth crushes estimates

    Netflix (NFLX) reported first quarter results that beat Wall Street expectations. Earnings per share of $5.28 top estimates of $4.52. Revenue of $9.37 billion was better than expectations of $9.26 billion. The streaming giant added 9.33 million paid subscribers, crushing estimates of 4.84 million. For the second quarter, Netflix sees earnings of $5.28 per share, well above the expected $4.52. The revenue estimate of $9.49 billion was just about in line with estimates of $9.51 billion. Yahoo Finance's Julie Hyman and Myles Udland discuss the breaking results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.

  • Stocks digest rate outlook, TSMC earnings, Netflix: 3 Things

    Stock futures (^DJI, ^IXIC, ^GSPC) are ticking up ahead of Thursday’s market open as Federal Reserve officials, including Cleveland Fed President Loretta Mester, indicate interest rates may stay higher for longer than expected in 2024. Taiwan Semiconductor Manufacturing Company (TSM) beats first-quarter revenue estimates, the semiconductor company's profit driven by the demand for its AI chips. Streaming platform Netflix (NFLX) is set to report earnings after the closing bell today. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • McDonald's history: Beyond the Ticker

    With over 38,000 locations in more than 100 countries, McDonald's (MCD) is a global icon in the fast food industry. In 2023, McDonald's generated over $25 billion dollars in revenue, up nearly 10% compared to the year before. Let's dive into the company's biggest moments with Beyond the Ticker. 1940 The McDonald's brothers, Dick and Maurice, opened the first McDonald's restaurant on May 15, 1940, in San Bernardino, California. 1954-1955 Ray Kroc purchased the rights to franchise McDonald’s and opened the first franchised restaurant in Des Plaines, Illinois. 1955-1965 Kroc bought the brothers out, then developed its current model of owning the real estate that McDonald’s franchise locations are on. 1965 In April 1965, McDonald's went public via an initial public offering at $22.50 per share. 1972 McDonald's hit a milestone – generating $1 billion in sales. 1990 The first McDonald's restaurant opened in the Soviet Union in Pushkin Square, Moscow, marking a symbolic moment of the Cold War, serving thousands of customers. 2003 In the early 2000s, the thriving food chain was met with competition and tragedy. Former executive James Cantalupo came out of retirement to lead the company, but in 2004 he suddenly passed away after 16 months at the helm. 2004 Life-long McDonald’s employee Charlie Bell was named CEO but tragically passed away from cancer shortly after. Amid the two tragedies, the movie Super Size Me took off - resulting in McDonald’s getting rid of the Super Size option. 2005-2012 Jim Skinner served as CEO, taking the company through the Great Financial Recession. 2012-2015 Don Thompson served as CEO, then retired as he faced pressure over declining sales. 2015 Steve Easterbrook then took the top seat, and in an attempt to reinvigorate its brand, McDonald's launched its all-day breakfast menu. Soon after, Easterbrook was fired for having an “inappropriate personal relationship” with an employee, according to the SEC. 2019 US president Chris Kempcinski was promoted to CEO, taking the company through the Covid-19 pandemic. 2023 McDonald's continues to expand and evolve, with its latest concept, CosMc's, a drive-thru-only restaurant featuring McCafe products, beverages, and treats. From a single restaurant to billions and billions served, McDonald's aims to hold its top spot as the quintessential American fast food chain. From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today. Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance. Editor's note: This video was produced by Zach Faulds.

  • ASML Holding, United Airlines, LVMH: Trending tickers

    ASML Holding (ASML) shares are trading lower at Wednesday's market open after the company reported weaker-than-expected net sales in the first quarter. The Dutch semiconductor equipment manufacturer is suffering from slowing demand, but it has reiterated its 2024 outlook as it anticipates a recovery. United Airlines (UAL) shares are trading higher after the company reported first quarter results that topped estimates, reporting a revenue beat and a narrower-than-expected loss. This positive performance comes despite the company recording a loss in the quarter due to the grounding of its Boeing fleet. LVMH (MC.PA) shares are trading higher despite a slowdown in luxury spending. As consumers have become more price-conscious amid rising inflation, the luxury brand conglomerate experienced a hit to its quarterly revenue in the first quarter. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • Investing in your child's financial future: Top strategies

    Maconomics Founder Ross Mac joins Wealth! to discuss how parents can ensure their children have better financial prospects than they did. Mac highlights the importance of education: as a parent, Mac teaches his children that money comes from work and that they are shareholders, not just consumers. Custodial Roth IRA accounts are also among Mac's top recommendations: a few hundred dollars every few months could be the difference between your child having student loans or asking you for financial help in the future, Mac signals. Mac says 529 accounts, or tax-advantaged college savings plans, are also a key strategy to consider. The Maconomics founder explains that the accounts are like 401Ks, tax-free as they grow and when needed for qualified educational expenses. For parents who aren't sure about their children's college future, Mac adds that the IRS has just changed the rules of the saving plan to allow custodians to roll an unused 529 into a Roth IRA. Adding children to a credit card also has several benefits, provided parents have healthy credit, Mac says: it can teach children about the importance of credit and establish their own credit early on. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This article was written by Gabriel Roy.

  • Bank earnings, stock futures, oil prices: 3 Things

    Bank of America (BAC) and Morgan Stanley (MS) both topped their first-quarter earnings estimates with the major bank stocks rising ahead of Tuesday's market open. US equity futures (^DJI, ^IXIC, ^GSPC) are ticking up in pre-market trading after all three of the market indices closed Monday lower. Oil prices (CL=F, BZ=F) slip as investors wait to see if Israel will retaliate against Iran after the latter coordinated an air assault against Israeli military bases on April 13. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Netflix earnings: What to watch

    Content is king, but where are the biggest players in the streaming wars today? You can’t have that debate without talking Netflix (NFLX); the company that once sent you a DVD inside an envelope releases first quarter results.  From the stock market reaction, to the ad business and that all-important password sharing crackdown: here are three key issues shareholders will be watching.

  • Tax refund: Explained

    You know what time of the year it is – it's tax time. Did you know that more than 70 percent of Americans actually get a tax refund? So it's only right that we talk about what it really is and what to do with it. Ross Mac of Macenomics joins Yahoo Finance to break down your tax refund. Tax refund is actually your money (00:00:13) A tax refund isn't just a magical bonus that the government was feeling generous about giving you. It was actually your money in the first place. You were just paying the government too much in taxes the prior year. Yes, you were giving the government an interest free loan. So before you try to take that money and actually make a real big purchase, you should ask yourself, would you have made that purchase the year prior? Exactly. So let's actually talk about what you should do with it. Emergency expenses (00:00:36) Because the average American can't afford a $1,000 emergency expense, Mac recommends putting aside $1,000 for those type of emergencies. Credit card loans (00:00:45) Next, Mac suggests you pay off those high interest credit card loans. This is the opportunity to stop paying those very tempted minimum balances and get rid of it once and for all. Emergency fund (00:00:53) Then, Mac recommends you set up a fully funded emergency fund. This is defined as three to six months of your necessary expenses. Think rent, utilities, groceries, etc. Mac suggests you take that money and put it in a high yield savings account. Consider investing (00:01:06) Finally, consider investing. This is your opportunity to start building true wealth. Let your money actually work harder for you, rather than you work for it. The best way to approach investing is by purchasing the index fund. Most commonly, Mac recommends the S&P 500 (^GSPC).

  • Apple loses top smartphone sales spot: IDC

    The first quarter smartphone sales data from IDC has some bad news for Apple (AAPL). IDC found Apple iPhone shipments fell 9.6% from the same period a year ago, allowing Samsung (005930.KS) to regain the top spot. Overall, global smartphone shipments rose 7.8% year-over-year. In the video above, Yahoo Finance's Madison Mills and Josh Schafer discuss Apple's sales. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.

  • Nvidia stock pops as Citi opens 90-day upside catalyst watch

    Shares of Nvidia (NVDA) are trading higher on Monday after analysts at Citigroup (C) initiated a 90-day upside catalyst watch on the stock. Citi's analysts see the potential for positive supply chain commentary from chip factories and memory suppliers during the upcoming earnings season. Yahoo Finance's Brad Smith and Seana Smith discuss the recent downward pressure on the stock. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • Goldman Sachs stock jumps on better-than-expected Q1 earnings

    Shares of Goldman Sachs (GS) are trading higher on Monday following the company's first quarter earnings report, beating expectations on both the top and bottom lines. Revenue came in at $14.21 billion against analyst estimates of $12.98 billion. Additionally, the company's adjusted earnings per share (EPS) reached $11.58, surpassing the expected $8.81 per share. Goldman Sachs also reported a 28% year-over-year increase in net income for the quarter, further buoying the stock price. Yahoo Finance's Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith