The Nasdaq Composite (^IXIC) had the worst month of the year in September but there are signs that point to a potentially rally. Thanks to the August PCE report, some stocks have begun to claw back their losses. Alissa Coram, Investor’s Business Daily Executive Editor, joins Yahoo Finance's Jared Blikre to share their insights on the market and discuss some stand out stocks including Meta (META) and Baker Hughes Company (BKR), as well as Emerging markets ETF (EEM) and the performance of the U.S Dollar (DX-Y.NYB) Coram points out that when the Nasdaq broke its August lows, it shook out the "weak holders" and set the stage for a rally attempt. However, it's important to look for a "confirmation of a change in trends." Coram says she is looking specifically for a "follow through" day to confirm the move. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Meta (META) kicked off its annual conference yesterday with multiple product and update announcements. Among them include new AI chatbots and AI-generated stickers for messaging services, which may be an effort to pull in more Gen Z users. Yahoo Finance Senior Tech Reporter Allie Garfinkle breaks down Meta's artificial intelligence developments and how tech consumers are reacting to them. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Mark Zuckerberg’s Meta has rejected claims that artificial intelligence is close to becoming as powerful as humans.