103.75k followers • 19 symbols Watchlist by Yahoo Finance
This basket lists stocks that investors interested in tech should have in their portfolios – including FANG stocks and rising stars that just had IPOs.
Meta Platforms, Inc.
Alibaba Group Holding Limited
Advanced Micro Devices, Inc.
PayPal Holdings, Inc.
Activision Blizzard, Inc.
The Trade Desk, Inc.
Electronic Arts Inc.
Match Group, Inc.
Zillow Group, Inc.
GameStop fires CEO Matt Furlong, CNN CEO Chris Licht steps down, and Bernstein Analyst Mark Shmulik sends an open letter to Amazon CEO Andy Jassy urging the company to refocus. Yahoo Finance Live breaks down some of the top stories of the day.
As Tesla shares hit a 7-month high, George Gianarikas, Canaccord Genuity Managing Director, joins Yahoo Finance Live to discuss the recent price cuts, regulatory tailwinds, and increasing competition.
Amazon is reportedly planning an ad-supported tier for Prime Video, joining the ranks of Netflix and Disney amid a race to make streaming more profitable.
Apple this week launched its much-anticipated mixed reality headset, the Apple Vision Pro. So, it's a technological marvel, but is it revolutionary? Yahoo Finance asked six experts what they thought. Some hailed the unveiling of the Vision Pro as a genuine watershed moment. Others were more cautious.
Apple unveiled its new Vision Pro mixed reality headset at the company's WWDC event. It's $3,499 price tag however may turn off a lot of buyers. Laura Martin, Senior Media and Internet Analyst at Needham & Co., however, has an idea. Martin suggests that Apple (AAPL) should buy Disney (DIS) to help build adoption of the new headset. Martin argues that Apple needs "a compelling content storytelling use case" for the Vision Pro to gain traction. She believes that with Disney's content, more people may be willing to purchase the headset. But what about the Disney parks? Martin says Apple likely won't want the parks, but that those could be spun off or sold, given they are "really a good business, standalone." Martin also covers Warner Bros Discovery (WBD). When asked about the ousting of CNN CEO Chris Licht, Martin says investors are betting more on WBD leadership than who is leading CNN. She also makes the case for WBD keeping CNN in its portfolio. "The only way to win the streaming wars is you must have entertainment content, and you must have news, and you must have live sports," Martin says, because when news breaks, it drives viewers to your app. When it comes to the ongoing writers strike and a potential strike from SAG-AFTRA, Martin tells Yahoo Finance Live's Diane King Hall and Alexandra Canal that Wall Street investors will ultimately be the winners because "all of these companies are not going to be able to spend money on content and that won't be a competitive disadvantage." Key video moments 00:00:21 Why Apple should buy Disney 00:01:19 What to do with Disney Parks 00:02:45 Reaction to CNN CEO stepping down 00:04:42 Who will win from the writers strike
Tesla stock surged on Wednesday on news that consumers can now get a $7,500 federal EV tax credit for Model 3 sedans.
Goldman makes a big markets call based on the rising popularity of AI stocks.
Let's take a look at three AI-related stocks and see why one might want to be avoided right now while the other two have potential. One AI-related company to avoid at the moment is Nvidia (NASDAQ: NVDA). While I agree that Nvidia is a likely winner and will see its business rapidly grow, it's hard to justify new investors buying the stock at its overinflated valuation.
Second, Apple (NASDAQ: AAPL) said it was working with Unity to develop mixed-reality apps for its new Vision Pro headset during its Worldwide Developers Conference on June 5. Is it the right time to buy Unity as a turnaround play, or is it too late to hop on the bandwagon? Its revenue rose 43% in 2020, climbed 44% in 2021, and management claimed the company could maintain an annual growth rate of 30% over the "long term."
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns shares of nearly 50 stocks, but Warren Buffett didn't personally pick all of them. A few positions were initiated by Berkshire's investment managers. Wall Street thinks this stock could make Buffett the most money over the next 12 months.
EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle online child pornography as Meta's voluntary child protection code seemed not to be working. Meta did not immediately respond to a Reuters' request for comment. Social media platforms such as Meta's Instagram, ByteDance's TikTok, Snap's Snapchat and Alphabet's YouTube have stirred concerns among regulators and users over content targeted at young children.
A growing dividend and a track record of market-beating success has these stocks at the top of my buy list.
Superstar investor Cathie Wood is prepared. Teladoc Health (NYSE: TDOC) is one of Cathie Wood's top 10 holdings in her ARK Genomic Revolution ETF. First, Teladoc, even during last year's tough moments, continued to grow revenue and telemedicine visits in the double digits.
The push for electrification is fueling a rush for copper. The non-precious metal is critical for electric vehicles, windmills and even the power grid. With a shortage looming, WSJ explains why copper is crucial to the global economy, and how its availability threatens a green-tech transition. Photo Illustration: Ali Larkin
Investors looking to cash in on the AI craze may want to take a closer look at these two stocks trading at attractive multiples.
Analyzing these market movers can tell us which trends are impacting capital markets right now. Nvidia (NASDAQ: NVDA) share prices surged 36% last month, pushing its market cap briefly above $1 trillion (it currently sits at $951 billion). The semiconductor giant reported quarterly earnings that excited investors about the company's near-term growth opportunities.
Brand-name tech stocks were popular buys (and sells) among billionaire money managers during the first quarter.
Though the S&P 500 and Nasdaq Composite have bounced more than 20% off of their intra-day lows in 2022, numerous internal indicators suggest Wall Street isn't as healthy as it appears.
Microsoft co-founder Bill Gates remains bullish on tech and what artificial intelligence (AI) could do for the world. To say he thinks it could improve things for businesses and individuals is an understatement. Will people never need Amazon's site again?
Google has threatened to clamp down on staff who fail to come to the office, warning attendance will be included as part of their performance reviews.
BRUSSELS (Reuters) -EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle online child pornography as Meta's voluntary child protection code seemed not to be working. Meta did not immediately respond to a Reuters' request for comment. Social media platforms such as Meta's Instagram, ByteDance's TikTok, Snap's Snapchat and Alphabet's YouTube have stirred concerns among regulators and users over content targeted at young children.
BEIJING/SHANGHAI (Reuters) -Passenger vehicle sales in China rose 7.3% in May from a month earlier, industry data showed on Thursday, as the government extended tax incentives to shore up demand amid a flagging economic recovery. Sales totalled 1.76 million vehicles in May, the China Passenger Car Association (CPCA) said. Sales of new energy vehicles (NEVs), which include battery-powered cars and plug-in petrol-electric hybrids, rose 10.5% in May from April and accounted for 32.9% of total May sales, CPCA data showed.
Advanced Micro Devices (NASDAQ: AMD) stock has delivered stunning gains of 84% so far in 2023, which may seem surprising given that the company's revenue and earnings are expected to shrink this year. Its earnings are forecasted to drop to $2.86 per share from $3.50 per share in 2022. The rich earnings multiple and the headwinds that AMD faces suggest that it may be too late for investors to buy into this semiconductor stock's growth spurt.
The latest jobs survey from KPMG and REC found that economic uncertainty continued to dampen hiring activity last month.
In the past week, Chinese social media has been gripped by Elon Musk. The Tesla CEO’s first visit to China in three years, his private jet and his dinner menu at a Beijing restaurant were all trending on social media. Only a small amount of information was disclosed through official channels: he met China’s foreign, industry and commerce ministers; he had dinner with Robin Zeng, founder of CATL — one of Tesla’s battery suppliers — but no details were given.