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The world’s biggest business news platform: https://t.co/EhQ75nXob3 Get the free Yahoo Finance app & subscribe to our morning newsletter, the Morning Brief ⬇️ yhoo.it/3ag0nnL New York, NY Joined January 2009-
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$META CEO Mark Zuckerberg is taking a page out of Google’s Android playbook by announcing his company will make its Meta Horizon operating system for AR/VR headsets open source. yahoo.trib.al/VgeLCBf
Column | A looming TikTok ban could turn out to be an underappreciated wild card in this year’s presidential election. yahoo.trib.al/HgA90AY
The choice between buying a hybrid or an EV depends on your circumstances. Here are our top picks among the many. yahoo.trib.al/bJw8pKy
Surging auto insurance rates squeeze drivers, fuel inflation yahoo.trib.al/jgEDjX3
Another hot inflation reading reinforces that any near-term interest rate cuts are less likely as the Fed shifts to a higher-for-longer stance. Markets are pricing in only a 45% chance of the first rate cut in September. yahoo.trib.al/ZXuDqyh
3 things to know about Meta’s AI push:
More homebuyers signed contracts to purchase homes in March, pushing pending sales to their highest clip in a year. yahoo.trib.al/4lhvB3M
The US economy grew at its slowest pace in nearly two years last quarter. The BEA's advance estimate of Q1 US GDP showed the economy grew at an annualized pace of 1.6% during the period, missing the 2.5% growth expected by economists.
United Auto Workers reaches deal with Daimler Truck, averting potential strike in North Carolina yahoo.trib.al/HZzGi0g
Column | This week in Bidenomics: Inflation staycation yahoo.trib.al/VsAkbFI by @rickjnewman
$AAPL CEO Tim Cook toured Southeast Asia last week, visiting Vietnam, Indonesia, and Singapore, as part of a multiday trip geared toward reducing Apple’s reliance on China as its central manufacturing hub. yahoo.trib.al/lFAoeSP
How CEO Jensen Huang ensured $NVDA became synonymous with AI:
Elon Musk insists Tesla isn’t a car company as sales falter yahoo.trib.al/Ax6t9EC
Top tips for first-time investors from Wall Street expert:
President Biden signed a landmark bill Wednesday morning that gives China's ByteDance up to one year to divest TikTok or face a US ban on the app. Here's what comes next: yahoo.trib.al/argLumu
Resumes have changed. Here's what job seekers need to know. yahoo.trib.al/IUsalMN by @KerryHannon
$NVDA is "monetizing the AI boom" and it is "something we've never really seen," FS Investments chief market strategist @TroyGayeski says, adding: "In history, there really hasn't been a company like Nvidia that has grown market cap so fast, but has grown earnings faster."
Washington is spending another $61B to help Ukraine. But most of the money will flow through the US economy first. The new law allows the Pentagon to send existing weapons to Kyiv and then simultaneously backfill that inventory with new manufacturing efforts for US armories.
Tesla and Microsoft presented 2 distinct versions of AI. Investors liked both. yahoo.trib.al/kV8V59A by @ewolffmann
"A very political loosening cycle is ahead of us," according to Allianz's @Ludovic_Subran: "The Fed could actually be forced to stop halfway through the loosening cycle and have a very bizarre 2025 when it comes to the right pathway" if Trump gets elected.
Investing.com @Investingcom
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222 Followers 56 Following Attorney-Writer Founder @Rondaisms Senior Reporter @yahoofinanceFour reasons why investors should take a deep breadth when considering this market sell-off. A pullback was overdue. GDP growth is fine. Inflation a worry but tomorrow's PCE report the key. And 80% earnings reports beaten so far. Thanks to @thebradsmith @YahooFinance
eToro's @laidler_ben explains the negative market reaction to the lower-than-expected GDP reading: "This is the worst-case scenario of lower growth, lower earnings, higher inflation, and therefore, I'm not going to get the rate cuts."
Thanks @thebradsmith and @SeanaNSmith for having me on the show this morning! We discussed: * GDP wasn't as bad as the headline * A bumpy ride from here till Memorial Day is normal * Inflation still should improve * And earnings season so far @YahooFinance
"The [GDP] headline looks weak," Carson Group's @RyanDetrick says. But "if you take out government spending, which was a little bit weaker, [it's] 3.1%. What does that tell us? Well final demand is still really strong. We're not too overly concerned."
➡️ @latimes owner @DrPatSoonShiong tells @YahooFinance he is planning to announce a "whole new publishing organization" within the company.
Anktiva is the next-generation immunotherapy drug, according to ImmunityBio executive chairman Dr. Patrick Soon-Shiong: "This drug is the first drug, as far as I know, that activates the natural killer cell that talks to the T-cell and generates complete remission..."
*adds to calendar*
Pencil us in for May 7! ✏️ #AppleEvent
So excited to hit the ground running with @YahooFinance
.@YasminKhorram hired by @YahooFinance to be a senior reporter: talkingbiznews.com/media-news/yah…
Don’t miss @profplum99 on @YahooFinance today at 3:45 PM ET. Hosted by @juleshyman and @joshuahlipton
good content coming out of @YahooFinance . Morning Brief newsletter is a good subscribe
I chatted with @YahooFinance regarding the state of beauty and what it means for $ULTA. #beauty #consumer finance.yahoo.com/news/ulta-stoc…
Why do rates matter so much to smaller companies? Nice chart from @_JoshSchafer that shows how their debt looks. Bottom line, 40% of debt isn't locked in, so movements in rates matter more.
Chicago Fed's Goolsbee says progress on inflation has stalled and that it makes sense to wait and gain further clarity before cutting rates.
Chicago Fed president Austan Goolsbee believes progress on inflation has stalled, and the Fed should wait and gain further clarity before moving to cut rates. @Jenniferisms discusses:
Why is everyone begging for a cut? Thanks to @YahooFinance for today's interview. #inflation
“At the end of the day, this zero interest rate policy that we had for such a long period of time caused people to get over their skis in debt,” KEY Advisors' @commonsensebull says. “I think the consumer is going to get weaker and rate cuts aren’t going to solve any problems..."
Great to be @YahooFinance with @MadisonMills22 and @SeanaNSmith discussing the Tesla story with a number of black clouds overhead worrying the Street 📺👇
“This is probably the worst period that I’ve seen, I’d say, in about six years,” Wedbush Securities analyst @DivesTech says on $TSLA. “Patience is wearing thin. … There could be darker days ahead if Musk does not handle the [Q1 earnings] call like an adult in the room.”
Excited to moderate the IMF's New Economy Forum panel today at 3:30pm during the IMF/World Bank Spring Meetings on how AI could reshape the global economy. Watch here: tinyurl.com/je4fdw26 @IMFNews @IMFLive @YahooFinance
Big day for @YahooFinance — h/t to the @Nasdaq for the warm welcome to all of us as always.
I thoroughly enjoy getting to chat with @SeanaNSmith and @MadisonMills22 on @YahooFinance . Diving into the details about the consumer, growth, and much more!
"It's been incredible this shift in narrative over the last 12-18 months between the absolute certainty of a recession to now the absolute certainty of no landing," NewEdge Wealth CIO @CameronDawson says.
Looking forward to joining @joshuahlipton and @juleshyman on @YahooFinance this afternoon to discuss the Tax Relief for American Families and Workers Act and why Congress must act to preserve and build on the 2017 Tax Cuts and Jobs Act.
Looking forward to joining @SeanaNSmith & @thebradsmith at 830am ET on @YahooFinance to breakdown the all-important March #CPI report. ➡️ Consensus is for +0.3% m/m for headline & core CPI. ➡️ Headline #inflation expected to rise to 3.4% while core inflation moderates to 3.7%.
Great to chat @SeanaNSmith and @MadisonMills22! Lots to cover - today's contract expansion with @PGE4Me, #SolarEclipse2024, and of course, this week's @planet platform launch :)
Planet Labs CEO @Will4Planet joins Yahoo Finance to discuss the solar eclipse, space technology, and how satellites are helping different industries make more informed decisions:
Another new high for 2024 S&P 500 projections as Wells Fargo now sees 5,535 be year end. finance.yahoo.com/news/wall-stre…