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Wed 22 Nov 2023, 02:50PM
In market share battle, FedEx and UPS target retail returns
As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding returns services aimed at helping retailers slash the cost of sending back shoes, apparel and other goods. FedEx, which counts Walmart as a key partner, is offering its consolidated returns services to more customers in time for the holiday season when returns rise, FedEx spokesman Ryan Kelly told Reuters. FedEx's consolidated returns service previously was reserved for large customers doing thousands of returns each day.
FDX
FedEx Corporation
Industrials
Integrated Freight & Logistics
0.797712
Wed 22 Nov 2023, 02:50PM
In market share battle, FedEx and UPS target retail returns
As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding returns services aimed at helping retailers slash the cost of sending back shoes, apparel and other goods. FedEx, which counts Walmart as a key partner, is offering its consolidated returns services to more customers in time for the holiday season when returns rise, FedEx spokesman Ryan Kelly told Reuters. FedEx's consolidated returns service previously was reserved for large customers doing thousands of returns each day.
UPS
United Parcel Service, Inc.
Industrials
Integrated Freight & Logistics
0.723289
Wed 22 Nov 2023, 02:50PM
In market share battle, FedEx and UPS target retail returns
As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding returns services aimed at helping retailers slash the cost of sending back shoes, apparel and other goods. FedEx, which counts Walmart as a key partner, is offering its consolidated returns services to more customers in time for the holiday season when returns rise, FedEx spokesman Ryan Kelly told Reuters. FedEx's consolidated returns service previously was reserved for large customers doing thousands of returns each day.
WMT
Walmart Inc.
Consumer Defensive
Discount Stores
0.211381
Wed 22 Nov 2023, 02:11PM
Boeing Stock Rises After FAA Clears 737 MAX 10 for Test Flights
Boeing stock was rising on Wednesday after the Federal Aviation Administration cleared the firm’s 737 Max 10 jet for test flights. “Boeing welcomes the FAA’s decision to grant type inspection authorization for the 737-10, clearing the airplane to begin certification flight testing,” a Boeing spokesperson told _Barron’s_ via email.
BA
The Boeing Company
Industrials
Aerospace & Defense
0.306794
Wed 22 Nov 2023, 02:00PM
Microsoft-OpenAI: Should antitrust regulators be worried?
Just after a victory in acquiring game studio Activision Blizzard, Microsoft (MSFT) could have jumped to the front of the line for regulators seeking to stamp out potential antitrust cases. Sam Altman has been reinstated as OpenAI CEO after a brief courting by Microsoft — which owns a 49% stake in the artificial intelligence firm — and now the two companies are chummier than ever. Duke University Professor and Venture Capitalist Sultan Meghji and Axios Tech and Policy Reporter Ashley Gold comment on how the OpenAI melodrama could change lawmakers' antitrust frameworks. "We're going to be in a situation, I'm positive, where the output of the last five days of chaos at OpenAI will fundamentally shift the regulatory lens back to the Big Tech companies that are writing these checks," Meghji, former CIO of the Federal Deposit Insurance Corp (FDIC), tells Yahoo Finance. "Previous to this, Microsoft did not have a board seat, they were not even board observers at OpenAI. It's very clear that they will." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
-0.709051
Wed 22 Nov 2023, 01:57PM
Mastercard Stock Getting Credit For Its Rising Relative Strength
Mastercard shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 84.
MA
Mastercard Incorporated
Financial Services
Credit Services
0.176364
Wed 22 Nov 2023, 01:57PM
What Nvidia's Earnings Confirm Are Positives for Marvell and Qualcomm
Chip capacity will become incrementally tighter as we move through 2024 and could lead to better than forecasted semi-capital equipment spending.
QCOM
QUALCOMM Incorporated
Technology
Semiconductors
-0.181528
Wed 22 Nov 2023, 01:57PM
What Nvidia's Earnings Confirm Are Positives for Marvell and Qualcomm
Chip capacity will become incrementally tighter as we move through 2024 and could lead to better than forecasted semi-capital equipment spending.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-1.717891
Wed 22 Nov 2023, 01:47PM
Disney: Will Thanksgiving reverse box office slump? Can Iger 'strengthen' studio output?
Disney is hoping to reverse its Thanksgiving slump at the box office this year. But is that just wishful thinking?
DIS
The Walt Disney Company
Communication Services
Entertainment
1.001138
Wed 22 Nov 2023, 01:31PM
Stock Market Higher Ahead Of Thanksgiving Break As Apple Hits $3 Trillion Mark
The stock market remained moderately higher Wednesday afternoon even as Nvidia stumbled after its earnings report. The Nasdaq composite was up 0.6%. Nvidia pared its loss to 2% in the stock market today.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-1.717891
Wed 22 Nov 2023, 01:31PM
Stock Market Higher Ahead Of Thanksgiving Break As Apple Hits $3 Trillion Mark
The stock market remained moderately higher Wednesday afternoon even as Nvidia stumbled after its earnings report. The Nasdaq composite was up 0.6%. Nvidia pared its loss to 2% in the stock market today.
AAPL
Apple Inc.
Technology
Consumer Electronics
-1.279205
Wed 22 Nov 2023, 01:16PM
Let's Look Inside Jack in the Box for Clues About McDonald's
McDonald's -competitor Jack in the Box reported quarterly earnings last night, but it wasn't the numbers that were so interested in. JACK missed consensus expectations for its earnings per share, while revenue for the quarter -- which fell 7.5% year-over-year -- matched consensus expectations. The company also guided its fiscal year EPS below consensus expectations.
MCD
McDonald's Corporation
Consumer Cyclical
Restaurants
0.341015
Wed 22 Nov 2023, 12:57PM
Taco Bell menu tries something it has never offered before
In recent years, however, the Yum Brands chain has thrown out all the rules. For example, it led to Taco Bell's Nacho Fries, a unique take on french fries that answered the classic side dish available at McDonald's, Wendy's and Burger King. It's a way of thinking that freed the chain's chefs to use fried chicken — an item not generally sold in Mexican restaurants — in a variety of ways.
MCD
McDonald's Corporation
Consumer Cyclical
Restaurants
0.341015
Wed 22 Nov 2023, 12:53PM
A Starbucks Board Fight Could Be Ahead as Union Coalition Nominates Directors
A coalition of unions has nominated three directors for Starbucks ‘ board, as the coffee chain remains under pressure to improve workers’ pay and conditions. In a Securities and Exchange Commission filing Wednesday, the Strategic Organizing Center named three candidates for election to the Starbucks (ticker: SBUX) board of directors at its 2024 annual shareholders meeting. The Strategic Organizing Center is a coalition of unions representing over 2 million members—including the Service Employees International Union, which represents members of Starbucks Workers United.
SBUX
Starbucks Corporation
Consumer Cyclical
Restaurants
-0.934581
Wed 22 Nov 2023, 12:44PM
Altman's OpenAI return: What it means for Microsoft
Microsoft (MSFT) shares have been rising despite the drama at AI-partner OpenAI. Microsoft had initially announced that OpenAI Co-Founder Sam Altman would be joining the company after his firing from the startup. Now that Altman has been rehired by the AI company, Microsoft CEO Satya Nadella says he is "encouraged" at what's happening at OpenAI and that the board changes are the "first essential step on a path to more stable, well-informed, and effective governance." Piper Sandler Analyst Brent Bracelin says establishing OpenAI's governance post the leadership shakeup is now imperative. Bracelin notes that there is "a little bit of risk here surface around the reliance around OpenAI and the structure there." He argues Microsoft rightly lent Altman support, though the episode exposed Microsoft's lack of control in the company despite being a major shareholder. Ultimately though, Bracelin think this was likely "one of the better outcomes," especially if Microsoft gets a board seat out of it. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
-0.563315
Wed 22 Nov 2023, 12:39PM
AI guardrails regulators could push for after OpenAI drama
Investors could be shifting tones on AI as global regulators shift on Sam Altman's ousting as OpenAI CEO and swift reinstatement five days later. With ties to Microsoft (MSFT) — a 49% stakeholder in the artificial intelligence firm — stronger than ever, regulators worry Altman and OpenAI's connections to the tech giant will make way for an "acquisition without an actual acquisition." Axios Tech and Policy Reporter Ashley Gold and Duke University Professor and Venture Capitalist Sultan Meghji join Yahoo Finance Live to discuss the types of guardrails lawmakers will want moving forward as similar shakeups could muddy the waters on transparency and antitrust issues. Meghji — former CIO of the Federal Deposit Insurance Corp (FDIC) — calls this messy scenario just "another way to get past the regulatory landscape," similar to past tech and social media trends. Similarly, Gold expands upon how AI developers could skirt past regulator mandates: "There's also agreement that only the... biggest, most complicated, most dangerous advanced models are the ones that should be highly regulated. There's a sense that smaller AI companies that are doing AI models that aren't quite as impactful should not be caught up in the same regulations as these foundation models that OpenAI and others are working on. So, I think that's a bit of a lesson we learned from the social media era." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
-0.563315
Wed 22 Nov 2023, 12:37PM
Focus on IB, Expansion Efforts Aid Goldman (GS) Amid Cost Woes
IB and trading focus and business expansion activities are likely to support Goldman (GS). However, elevated costs and volatile client-activity levels are major headwinds.
GS
The Goldman Sachs Group, Inc.
Financial Services
Capital Markets
0.618379
Wed 22 Nov 2023, 12:33PM
Tesla rival VinFast's new electric vehicle challenges Model Y
Every day, it seems another electric vehicle manufacturer is launching, revealing or unveiling their latest model to compete with Tesla's best-selling car in the world, the Model Y crossover sports utility vehicle. Chinese EV maker BYD is Tesla's biggest rival worldwide with most of its sales in the world's largest EV market, China. Next to Tesla, BYD is the EV maker that automakers are challenging in production and sales worldwide.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
1.46131
Wed 22 Nov 2023, 12:26PM
Amazon (AMZN) AWS Picked by Yellow.ai, Boosts Clientele
Amazon's (AMZN) AWS is chosen by Yellow.ai as the preferred public cloud provider, bolstering AWS's customer base.
AMZN
Amazon.com, Inc.
Consumer Cyclical
Internet Retail
-0.947382
Wed 22 Nov 2023, 12:23PM
Alphabet (GOOGL) Enhances Google Maps With New Color Palette
Alphabet (GOOGL) unveils a color palette feature amid an array of recent feature updates for Google Maps.
GOOGL
Alphabet Inc.
Communication Services
Internet Content & Information
-1.358374
Wed 22 Nov 2023, 12:23PM
Alphabet (GOOGL) Enhances Google Maps With New Color Palette
Alphabet (GOOGL) unveils a color palette feature amid an array of recent feature updates for Google Maps.
GOOG
Alphabet Inc.
Communication Services
Internet Content & Information
-1.439349
Wed 22 Nov 2023, 12:15PM
Investing in the Communities Around Dow
NORTHAMPTON, MA / ACCESSWIRE / November 22, 2023 / DOWOriginally published in Dow's 2022 Progress ReportOUR APPROACHThe communities where we do business are also the places our people call home. We are a stronger, more competitive company when our ...
DOW
Dow Inc.
Basic Materials
Chemicals
0.679345
Wed 22 Nov 2023, 12:09PM
UPDATE 1-US FAA clears Boeing flight tests for 737 MAX 10 certification
Boeing said on Wednesday that the U.S. aviation regulator has cleared it to begin certification flight testing of its 737 MAX 10, the largest version of its bestselling jet aimed at seizing the top of the narrowbody market. Boeing shares rose 1.1% in midday trade. The Federal Aviation Administration (FAA) confirmed that has it granted type inspection authorization for the 737 MAX 10.
BA
The Boeing Company
Industrials
Aerospace & Defense
0.827845
Wed 22 Nov 2023, 12:04PM
Hibbett (HIBB) Beats Q3 Earnings Estimates, Raises EPS View
Hibbett (HIBB) thrives amid challenges and credits Q3 success to strategic execution. Its partnership with Nike and a strong back-to-school season boost optimism for fiscal 2024.
NKE
NIKE, Inc.
Consumer Cyclical
Footwear & Accessories
0.55522
Wed 22 Nov 2023, 12:01PM
UPDATE 2-UK payments report calls for alternatives to Mastercard and Visa
Britain needs a "digital alternative" to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned by the government said on Wednesday. The conclusions of the Future of Payments Review echo longstanding complaints across Europe about heavy reliance on the American duo for card payments, though calls and attempts to create a 'home grown' alternative have made little progress. "While cards make a tremendous contribution to the payments landscape, we heard notable dissatisfaction with the cost of card schemes on the part of shops, services, and other merchants – which may be in part due to a lack of choice or digital alternatives to the existing card schemes," the review said.
V
Visa Inc.
Financial Services
Credit Services
0.177219
Wed 22 Nov 2023, 12:01PM
UPDATE 2-UK payments report calls for alternatives to Mastercard and Visa
Britain needs a "digital alternative" to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned by the government said on Wednesday. The conclusions of the Future of Payments Review echo longstanding complaints across Europe about heavy reliance on the American duo for card payments, though calls and attempts to create a 'home grown' alternative have made little progress. "While cards make a tremendous contribution to the payments landscape, we heard notable dissatisfaction with the cost of card schemes on the part of shops, services, and other merchants – which may be in part due to a lack of choice or digital alternatives to the existing card schemes," the review said.
MA
Mastercard Incorporated
Financial Services
Credit Services
0.104524
Wed 22 Nov 2023, 11:52AM
Tesla has a new, clever way to make charging quick and hassle-free
Charging is an undeniable reality of electric car ownership. Tesla, however wants to take a crack at it. This fee is not to be confused with idle fees, which charges drivers per minute when their cars remain plugged into charging stations after they are fully charged, however, the same sort of logic applies here.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
0.424465
Wed 22 Nov 2023, 11:41AM
BlackRock Meets With SEC on Structure of Bitcoin ETF, Making Progress on Approval
The world’s largest asset manager now appears to be one step closer to offering a revolutionary bitcoin product to investors, as BlackRock has reportedly met with the U.S. Securities and Exchange Commission (SEC) to work out more details on its proposed spot bitcoin exchange-traded fund (ETF). ...
BLK
BlackRock, Inc.
Financial Services
Asset Management
0.152897
Wed 22 Nov 2023, 11:41AM
Falling battery prices will accelerate EV sales: Goldman
Goldman Sachs is predicting good news for an electric vehicle market hit by lagging demand, with falling prices the key factor.
GS
The Goldman Sachs Group, Inc.
Financial Services
Capital Markets
0.624339
Wed 22 Nov 2023, 11:31AM
The OpenAI outcome is pretty ideal for Microsoft
Keeping OpenAI at arm's length, but under greater Microsoft influence, means no alarms and no surprises.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
-0.254682
Wed 22 Nov 2023, 11:30AM
Goldman Lures Hedge Funds to Bet on €22 Billion German Grid Deal
(Bloomberg) -- Goldman Sachs Group Inc. has been encouraging hedge funds to bet that Germany will be able to pull off an increasingly tricky takeover of the country’s biggest power grid valued at over €22 billion ($24 billion). Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnNvidia Fails to Satisfy Lofty Investor Expectations for AI
GS
The Goldman Sachs Group, Inc.
Financial Services
Capital Markets
0.624339
Wed 22 Nov 2023, 11:30AM
Can the box office get its Thanksgiving mojo back?
The Thanksgiving holiday weekend box office isn't what it used to be, with returns yet to reach their pre-pandemic levels. Disney (DIS) is looking to score a win with their new animated film Wish, since historically, Disney has done well during this holiday weekend. Yahoo Finance Senior Reporter Alexandra Canal joins the Live show to discuss Disney's box office woes and what studios' strategies may be going forward now that the historic Hollywood strikes have ended. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
DIS
The Walt Disney Company
Communication Services
Entertainment
0.659234
Wed 22 Nov 2023, 11:30AM
Emerson (EMR), Frugal Collaborate on Sustainability in Shipping
Emerson (EMR) invests in Frugal, advancing its focus on fuel management and propulsion control and optimization expertise in its marine systems and solutions business.
EMR
Emerson Electric Co.
Industrials
Specialty Industrial Machinery
0.402398
Wed 22 Nov 2023, 11:22AM
Boeing Stock Rises After Regulators Clear 737 MAX 10 Test Flights
Shares of Boeing gained Wednesday afternoon after U.S. air-safety regulators cleared the company to begin key flight tests on its 737 MAX 10 jet. Boeing's stock, which was edging higher earlier in the session, was recently up closer to 1%.
BA
The Boeing Company
Industrials
Aerospace & Defense
1.372914
Wed 22 Nov 2023, 11:18AM
Boycott campaigns over Gaza war hit Western brands in some Arab countries
On a recent evening in Cairo, a worker cleaned tables in an empty McDonald's restaurant. Branches of other Western fast-food chains in the Egyptian capital also appeared deserted. All have been hit by a largely spontaneous, grassroots boycott campaign over Israel's military offensive in the Gaza Strip since the deadly Hamas attack in southern Israel on Oct. 7.
MCD
McDonald's Corporation
Consumer Cyclical
Restaurants
0.731042
Wed 22 Nov 2023, 11:16AM
UK payments report calls for alternatives to Mastercard and Visa
Britain needs a "digital alternative" to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned by the government said on Wednesday. The conclusions of the Future of Payments Review echo longstanding complaints across Europe about heavy reliance on the American duo for card payments, though calls and attempts to create a 'home grown' alternative have made little progress. "While cards make a tremendous contribution to the payments landscape, we heard notable dissatisfaction with the cost of card schemes on the part of shops, services, and other merchants – which may be in part due to a lack of choice or digital alternatives to the existing card schemes," the review said.
MA
Mastercard Incorporated
Financial Services
Credit Services
0.645205
Wed 22 Nov 2023, 11:16AM
UK payments report calls for alternatives to Mastercard and Visa
Britain needs a "digital alternative" to relying on Visa and Mastercard for card payments regardless of steps being taken by regulators, a report commissioned by the government said on Wednesday. The conclusions of the Future of Payments Review echo longstanding complaints across Europe about heavy reliance on the American duo for card payments, though calls and attempts to create a 'home grown' alternative have made little progress. "While cards make a tremendous contribution to the payments landscape, we heard notable dissatisfaction with the cost of card schemes on the part of shops, services, and other merchants – which may be in part due to a lack of choice or digital alternatives to the existing card schemes," the review said.
V
Visa Inc.
Financial Services
Credit Services
0.860393
Wed 22 Nov 2023, 11:15AM
FAA approves Boeing to start 737 MAX 10 certification flight tests
The Federal Aviation Administration has cleared Boeing to begin certification flight testing of its 737 MAX 10, the largest version of its bestselling jet aimed at seizing the top of the narrowbody market. The FAA granted type inspection authorization for the 737 MAX 10 earlier this week, a milestone that allows FAA pilots to participate in flight testing needed to certify the plane for normal operations, three Boeing executives wrote in a letter to employees. "This is a significant milestone as we work to get the 737-10, the largest airplane in the 737 MAX family, certified to enter passenger service with operators around the world," said the letter, which was signed by Mike Fleming, Boeing's senior vice president for development programs, 737 program head Ed Clark, and testing lead Wayne Tygert.
BA
The Boeing Company
Industrials
Aerospace & Defense
1.372914
Wed 22 Nov 2023, 11:15AM
FAA Clears Boeing 737 Max 10 Jet for Test Flights
The long-awaited approval puts the company on track for the first deliveries of its bigger MAX model in 2024.
BA
The Boeing Company
Industrials
Aerospace & Defense
1.372914
Wed 22 Nov 2023, 11:02AM
Here is Why Dropbox (DBX) is a Must-Buy Stock Right Now
Dropbox's (DBX) prospects are strong, driven by an expanding AI-powered portfolio and solid partner base that includes the likes of NVIDIA.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-3.922803
Wed 22 Nov 2023, 10:56AM
Verizon's (VZ) Network Powers Las Vegas Motorsport Event
Verizon's (VZ) network solution provided uninterrupted connectivity at the high-profile motorsport event. Its 5G services with network slicing feature meet the low-latency, high-throughput requirements.
VZ
Verizon Communications Inc.
Communication Services
Telecom Services
0.791941
Wed 22 Nov 2023, 10:54AM
Comcast's (CMCSA) Xfinity Introduces Latest DIY Products
Comcast's (CMCSA) Xfinity is responding to the increasing demand for DIY home security solutions by introducing two new products for home monitoring.
CMCSA
Comcast Corporation
Communication Services
Telecom Services
0.117397
Wed 22 Nov 2023, 10:54AM
Microsoft’s Sam Altman Drama Takes a Fresh Twist. What His Return to OpenAI Means for the Future of Tech.
Sam Altman is returning to OpenAI as chief executive. The question now is what changes Microsoft has secured to improve its control of the artificial-intelligence start-up.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
0.78269
Wed 22 Nov 2023, 10:50AM
NVIDIA (NVDA) Beats on Q3 Earnings, Guides Above Expectation
NVIDIA's (NVDA) Q3 performance reflects benefits from strong sales in the Data Center end market and inventory normalization across the Gaming and Professional Visualization divisions.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-3.922803
Wed 22 Nov 2023, 10:45AM
Let's Ask Bard: Is Google Stock A Buy Now?
As competition with Microsoft and Amazon heats up, let's pose a question to Google Bard: Is Google stock a buy now?
AMZN
Amazon.com, Inc.
Consumer Cyclical
Internet Retail
1.117932
Wed 22 Nov 2023, 10:45AM
Let's Ask Bard: Is Google Stock A Buy Now?
As competition with Microsoft and Amazon heats up, let's pose a question to Google Bard: Is Google stock a buy now?
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
0.78269
Wed 22 Nov 2023, 10:45AM
Let's Ask Bard: Is Google Stock A Buy Now?
As competition with Microsoft and Amazon heats up, let's pose a question to Google Bard: Is Google stock a buy now?
GOOGL
Alphabet Inc.
Communication Services
Internet Content & Information
-0.343092
Wed 22 Nov 2023, 10:45AM
Let's Ask Bard: Is Google Stock A Buy Now?
As competition with Microsoft and Amazon heats up, let's pose a question to Google Bard: Is Google stock a buy now?
GOOG
Alphabet Inc.
Communication Services
Internet Content & Information
-0.404721
Wed 22 Nov 2023, 10:43AM
Deere Profit Outlook Disappoints as Equipment Demand Slows
Deere & Co. forecast smaller-than-expected profit next year after reporting fourth-quarter earnings that beat analyst estimates, with slowing equipment demand from farmers starting to weigh on the world's largest tractor maker. Bloomberg Intelligence's Chris Ciolino has the details on Bloomberg Television.
DE
Deere & Company
Industrials
Farm & Heavy Construction Machinery
-3.186987
Wed 22 Nov 2023, 10:43AM
Tesla’s Standoff with Swedish Workers Is Escalating Dramatically
The automaker is facing mounting logistical problems.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
-2.435467
Wed 22 Nov 2023, 10:23AM
Amazon: Jeff Bezos could sell up to 10 million shares
Amazon (AMZN) Founder and Executive Chairman Jeff Bezos is reportedly seeking to sell 8 to 10 million of his Amazon shares — worth up to $1 billion — according to CNBC. Yahoo Finance Live examines the former CEO's timeline of past stock sales while he currently owns 988 million shares in the e-commerce retailer. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
AMZN
Amazon.com, Inc.
Consumer Cyclical
Internet Retail
1.117932
Wed 22 Nov 2023, 10:20AM
Dow Jones Pares Gains As Nvidia Falls Despite Blowout Earnings; Tesla Backs Off Buy Points
Stocks pared gains as Nvidia fell despite earnings and guidance trounced views. Tesla retreated from near early buy points.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
-2.435467
Wed 22 Nov 2023, 10:20AM
Dow Jones Pares Gains As Nvidia Falls Despite Blowout Earnings; Tesla Backs Off Buy Points
Stocks pared gains as Nvidia fell despite earnings and guidance trounced views. Tesla retreated from near early buy points.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-3.922803
Wed 22 Nov 2023, 10:05AM
Nvidia Triples Revenues on AI Chip Boom: ETFs to Buy
Nvidia (NVDA) reported blockbuster third-quarter fiscal 2024 results, demonstrating robust growth and setting new records for revenues and earnings on booming artificial intelligence (AI) demand for its high-powered chips.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-3.922803
Wed 22 Nov 2023, 10:00AM
10 Expensive-Looking Items You Can Buy at Target
There's a reason why Target has a cult-like following. More than just another big-box chain, the retailer is known for churning out beautifully boujie items at seriously affordable prices. Stores With...
TGT
Target Corporation
Consumer Defensive
Discount Stores
-0.133784
Wed 22 Nov 2023, 10:00AM
Amazon Gives People Even More of a Reason to Sign Up for Prime: Affordable Healthcare
One of the biggest reasons behind Amazon's (NASDAQ: AMZN) success is the attractiveness of its Prime membership. When you consider the value it offers, including free and fast shipping, exclusive discounts, photo storage, video streaming, and other perks, it's easy to see why it's one of the few subscriptions that is a no-brainer for consumers these days. Now, Amazon is adding to that list, giving consumers even more of a reason to sign up for Prime -- and that's affordable healthcare.
AMZN
Amazon.com, Inc.
Consumer Cyclical
Internet Retail
1.117932
Wed 22 Nov 2023, 09:57AM
Deere stock dips on missed outlook, equipment sales decline
Shares of Deere & Company (DE) tumble on Wednesday after the heavy machinery manufacturer's guidance has not lived up to previous estimates. While experiencing a pullback in farm equipment sales, Deere says it expects lower demand from farmers as crop prices decline. Yahoo Finance Live breaks down the details of Deere's report For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
DE
Deere & Company
Industrials
Farm & Heavy Construction Machinery
-3.186987
Wed 22 Nov 2023, 09:57AM
Dow Jones Rises After Blowout Nvidia Earnings; Tesla Backs Off Buy Points
Stocks opened higher Wednesday rose after Nvidia earnings and guidance trounced views again. NVDA wavered, but several AI plays rose. Tesla is nearing early buy points.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-3.922803
Wed 22 Nov 2023, 09:57AM
Dow Jones Rises After Blowout Nvidia Earnings; Tesla Backs Off Buy Points
Stocks opened higher Wednesday rose after Nvidia earnings and guidance trounced views again. NVDA wavered, but several AI plays rose. Tesla is nearing early buy points.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
-2.435467
Wed 22 Nov 2023, 09:50AM
Why UnitedHealth Group (UNH) is a Top Momentum Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
UNH
UnitedHealth Group Incorporated
Healthcare
Healthcare Plans
1.238949
Wed 22 Nov 2023, 09:48AM
Tesla Chief Elon Musk's legal troubles mount with powerful new ruling
A Florida judge recently found "reasonable evidence" that Tesla and its leadership, including chief executive Elon Musk, allowed for the use of Autopilot despite knowing that the system was defective. The ruling comes several years after the death of Stephen Banner, who was killed in 2019 when his Tesla Model 3 — with Autopilot engaged — drove under the trailer of an 18-wheeler. Judge Reid Scott's ruling, made last week in the Circuit Court for Palm Beach County, allows Banner's family to proceed to trial and seek punitive damages from Tesla for intentional misconduct and gross negligence.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
-2.435467
Wed 22 Nov 2023, 09:45AM
Why Microsoft (MSFT) is a Top Growth Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
0.78269
Wed 22 Nov 2023, 09:44AM
General Electric (GE) Signs MOU to Produce Green Hydrogen
Per the MOU, General Electric's (GE) unit, GE Vernova's Power Conversion business, is set to combine its power systems offerings with Next Hydrogen's electrolysis technology to generate green hydrogen.
GE
General Electric Company
Industrials
Aerospace & Defense
0.316882
Wed 22 Nov 2023, 09:43AM
The Zacks Analyst Blog Highlights Novo Nordisk Bank of America, Netflix, Johnson & Johnson and TotalEnergies
Novo Nordisk, Bank of America, Netflix, Johnson & Johnson and TotalEnergies are part of the Zacks top Analyst Blog.
BAC
Bank of America Corporation
Financial Services
Banks—Diversified
0.549896
Wed 22 Nov 2023, 09:43AM
The Zacks Analyst Blog Highlights Novo Nordisk Bank of America, Netflix, Johnson & Johnson and TotalEnergies
Novo Nordisk, Bank of America, Netflix, Johnson & Johnson and TotalEnergies are part of the Zacks top Analyst Blog.
JNJ
Johnson & Johnson
Healthcare
Drug Manufacturers—General
0.735408
Wed 22 Nov 2023, 09:43AM
The Zacks Analyst Blog Highlights Novo Nordisk Bank of America, Netflix, Johnson & Johnson and TotalEnergies
Novo Nordisk, Bank of America, Netflix, Johnson & Johnson and TotalEnergies are part of the Zacks top Analyst Blog.
NFLX
Netflix, Inc.
Communication Services
Entertainment
0.924175
Wed 22 Nov 2023, 09:41AM
Altman reinstated as OpenAI CEO: What it means for the board
Sam Altman has been reinstated as OpenAI's CEO after the company's board ousted him from the position last Friday. Most of OpenAI's 770 employees threatened to leave and follow Altman to Microsoft (MSFT) — which owns 49% of the artificial intelligence firm — if the board did not reverse their decision. In negotiations, the board has agreed to expand up to nine members. Wedbush Managing Director and Senior Equity Analyst Dan Ives characterizes this conclusion as "the adults" re-entering the room for OpenAI's leadership. "If you look at really what happened here, this is a four-person board that was almost going to take down a $90 billion company, right?" Ives tells Yahoo Finance. "They were essentially kids playing checkers at the kids table for Thanksgiving, [Microsoft CEO Satya] Nadella the Grand Master chess wizard came in and basically resolved that." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
0.78269
Wed 22 Nov 2023, 09:36AM
Citigroup (C) Initiates Layoffs Amid Organizational Overhaul
Citigroup (C) initiates layoffs of various senior manager roles as part of significant changes in its organizational structure.
C
Citigroup Inc.
Financial Services
Banks—Diversified
0.488576
Wed 22 Nov 2023, 09:30AM
Wall Street Bulls Look Optimistic About Amazon (AMZN): Should You Buy?
Based on the average brokerage recommendation (ABR), Amazon (AMZN) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
AMZN
Amazon.com, Inc.
Consumer Cyclical
Internet Retail
1.117932
Wed 22 Nov 2023, 09:30AM
Company News for Nov 22, 2023 - Companies in The News Are: CNC, LOW, MDT, BIDU
Companies in The News Are: CNC, LOW, MDT, BIDU
MDT
Medtronic plc
Healthcare
Medical Devices
-0.394048
Wed 22 Nov 2023, 09:29AM
Microsoft exits OpenAI drama with 'one of best possible outcomes'
After a tumultuous few days at OpenAi Sam Altman is back at CEO and Microsoft's AI strategy remains intact.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
1.289302
Wed 22 Nov 2023, 09:28AM
Zacks Industry Outlook Highlights Adobe, Salesforce and Cadence Design Systems
Adobe, Salesforce and Cadence Design Systems are part of the Zacks Industry Outlook article.
CRM
Salesforce, Inc.
Technology
Software—Application
-0.231786
Wed 22 Nov 2023, 09:28AM
Zacks Industry Outlook Highlights Adobe, Salesforce and Cadence Design Systems
Adobe, Salesforce and Cadence Design Systems are part of the Zacks Industry Outlook article.
ADBE
Adobe Inc.
Technology
Software - Infrastructure
1.461561
Wed 22 Nov 2023, 09:21AM
Morning Brew: Nvidia Impresses, OpenAI Drama, and Deere's Forecast Dips
Summary of pre-market news for Nov. 22
NVDA
NVIDIA Corporation
Technology
Semiconductors
-2.566518
Wed 22 Nov 2023, 09:17AM
With 85% institutional ownership, The Bank of New York Mellon Corporation (NYSE:BK) is a favorite amongst the big guns
Key Insights Significantly high institutional ownership implies Bank of New York Mellon's stock price is sensitive to...
BK
The Bank of New York Mellon Corporation
Financial Services
Asset Management
0.596512
Wed 22 Nov 2023, 09:17AM
Tesla Chief Musk is pleased with the result of OpenAI's 'Game of Thrones'
ChatGPT maker OpenAI said early Wednesday that its recently-ousted chief and co-founder Sam Altman will be returning as CEO. "I love OpenAI, and everything I've done over the past few days has been in service of keeping this team and its mission together," Altman wrote in a post on X. Altman said he's "looking forward" to returning to OpenAI and building on the company's partnership with Microsoft .
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
-2.912058
Wed 22 Nov 2023, 09:10AM
Abbott (ABT) Benefits From Innovation Amid FX Headwinds
Abbott's (ABT) mAbxience collaboration is likely to help introduce cutting-edge medicines in the areas of oncology, women's health and respiratory diseases.
ABT
Abbott Laboratories
Healthcare
Medical Devices
0.726129
Wed 22 Nov 2023, 09:10AM
Zacks.com featured highlights include Stride, EMCOR Group, NetEase and NVIDIA
Stride, EMCOR Group, NetEase and NVIDIA are part of the Zacks Screen of the Week article.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-2.566518
Wed 22 Nov 2023, 09:05AM
Merck (MRK) to Acquire Private Neuroscience Company for $610M
Merck (MRK) has been a shareholder in Caraway Therapeutics since 2018 through its MRL Ventures Fund.
MRK
Merck & Co., Inc.
Healthcare
Drug Manufacturers—General
-0.538058
Wed 22 Nov 2023, 09:00AM
Costco's big edge over Kroger and Walmart members need to know
Costco has built its business model around being super efficient in order to keep its prices low. Basically, Costco has made a negative — a limited selection — into a positive because it helps the chain offer lower prices. Rivals like Walmart and Kroger offer complete grocery lines, which limits their buying power compared with the warehouse club.
WMT
Walmart Inc.
Consumer Defensive
Discount Stores
-0.782704
Wed 22 Nov 2023, 09:00AM
Costco's big edge over Kroger and Walmart members need to know
Costco has built its business model around being super efficient in order to keep its prices low. Basically, Costco has made a negative — a limited selection — into a positive because it helps the chain offer lower prices. Rivals like Walmart and Kroger offer complete grocery lines, which limits their buying power compared with the warehouse club.
COST
Costco Wholesale Corporation
Consumer Defensive
Discount Stores
0.819805
Wed 22 Nov 2023, 08:56AM
Deere slumps as softer profit outlook clouds solid Q4 report
Deere forecast muted 2024 profit as high interest rates hurt equipment purchases. The report follows Caterpillar's warnings on slower international demand.
CAT
Caterpillar Inc.
Industrials
Farm & Heavy Construction Machinery
-1.363105
Wed 22 Nov 2023, 08:55AM
Broadcom's Charts Are Telling a Mixed Story
Semiconductor manufacturer Broadcom Inc. has been a great addition to your portfolio if you bought it at any time in the past 13 years. In this daily bar chart of AVGO, below, I can see that prices broke out on the upside from a five month consolidation pattern. Trading volume was heavy in late May when AVGO surged higher but trading volume did not expand in November when prices broke out to new highs.
AVGO
Broadcom Inc.
Technology
Semiconductors
-0.936999
Wed 22 Nov 2023, 08:41AM
E-Commerce Firm Floward Taps Goldman, HSBC for Saudi IPO
(Bloomberg) -- Middle Eastern e-commerce firm Floward is working with Goldman Sachs Group Inc. and HSBC Holdings Plc for a planned initial public offering in Saudi Arabia, according to people familiar with the matter. Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomHulu f
GS
The Goldman Sachs Group, Inc.
Financial Services
Capital Markets
1.134181
Wed 22 Nov 2023, 08:40AM
3 Red Flags That Could Sink Amazon Stock
To be clear, Amazon still commands nearly 38% of the total e-commerce market, an almost unchallengeable lead. Investors must keep in mind that the rise and acceleration of e-commerce activities for almost any retailer with a digital storefront eats away at Amazon's dominance.
AMZN
Amazon.com, Inc.
Consumer Cyclical
Internet Retail
1.959699
Wed 22 Nov 2023, 08:39AM
Tesla Is Offering New Deals on Its Model Y. Investors Might Not Love That.
What’s good for Tesla car buyers might not be good for Tesla shareholders. Investors will have to digest another pricing action from the electric vehicle leader on Wednesday before the Thanksgiving holiday. Tesla’s U.S. website now shows discounts of almost $3,000 for some Model Y electric vehicles in its inventory.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
-2.912058
Wed 22 Nov 2023, 08:34AM
Broadcom closes $69 bln VMware deal after China approval
Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's software business. China's regulatory approval came through on Tuesday after ongoing tensions with the U.S. around tougher chip export control measures had stoked fears among some investors on the company's ability to close the deal before the Nov. 26 deadline.
AVGO
Broadcom Inc.
Technology
Semiconductors
-0.936999
Wed 22 Nov 2023, 08:33AM
Analysis-Temu, Shein far lag Amazon as online holiday shopping ramps up
Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to their websites this holiday season, but they far lag market leader Amazon.com where it counts - turning those visits into actual sales. Nine out of ten visitors to their websites were window shoppers, not buyers, according to SimilarWeb, a website data tracking firm. Singapore-based Shein this year added kitchen mixers at $100, $10 bathroom holiday decorations and $6 headphones alongside clothing such as $13 dresses and $16 jeans.
AMZN
Amazon.com, Inc.
Consumer Cyclical
Internet Retail
1.959699
Wed 22 Nov 2023, 08:32AM
All of Elon Musk’s top power players—and a map of his empire
Musk relies on several executives, like Steve Davis and Gwynne Shotwell, to help run his companies.
TSLA
Tesla, Inc.
Consumer Cyclical
Auto Manufacturers
-2.912058
Wed 22 Nov 2023, 08:30AM
Broadcom Completes Acquisition of VMware
Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, today announced that it has completed its acquisition of VMware, Inc. VMware's common stock will now cease to be traded on the New York Stock Exchange (NYSE).
AVGO
Broadcom Inc.
Technology
Semiconductors
-0.694469
Wed 22 Nov 2023, 08:29AM
We Lower Deere's Rating as Its Outlook Disappoints
While Action Alerts PLUS portfolio holding Deere & Co. destroyed consensus forecasts for its October quarter, the company's outlook for the coming year was disappointing and that is hitting the shares in pre-market trading here on Wednesday. At a minimum, we will downgrade shares of Deere to a Two rating given the company's initial 2024 outlook, but what we learn on the earnings call this morning about the company's order book and visibility into 2024 as well as its plans to maintain or pick up market share could foster another downgrade decision as well as influence our price target thoughts. What we want to hear on that earnings call is how conservative Deere's 2024 guidance might be and how much of its equipment outlook is influenced by the Fed's higher-for- longer rate policy.
DE
Deere & Company
Industrials
Farm & Heavy Construction Machinery
-2.995293
Wed 22 Nov 2023, 08:23AM
Is Microsoft Stock a Buy? - The software giant, which sports a $2.8 trillion market capitalization, ...
The software giant, which sports a $2.8 trillion market capitalization, has gained 60% so far in 2023, compared to a 17% boost for the S&P 500 and a 35% spike in the tech-heavy Nasdaq Composite Index. CEO Satya Nadella has mentioned the emerging tech in each of the last few earnings updates, giving it top billing as a growth avenue over the next few years. The good news is that investors aren't simply relying on hype around AI to support the bullish-growth thesis.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
1.308067
Wed 22 Nov 2023, 08:21AM
Lockheed (LMT) Wins Contract to Aid Anti-Ship Missile Production
Lockheed (LMT) is set to manufacture four additional Long Range Anti-Ship Missiles with containers for the U.S. Navy.
LMT
Lockheed Martin Corporation
Industrials
Aerospace & Defense
0.499897
Wed 22 Nov 2023, 08:20AM
Is Walmart a Buy or a Sell? Right Now It Is Hard to Tell
Walmart is one of the most closely watched companies because of its size and influence in retail. Its stock price is also closely watched because it is part of the Dow Jones Industrial Average, though it is not the biggest component by weight. Walmart reported results and issued a cautious outlook last Thursday and the stock sank.
WMT
Walmart Inc.
Consumer Defensive
Discount Stores
-0.753826
Wed 22 Nov 2023, 08:18AM
Ford (F) to Scale Back Michigan Battery Plant Due to Low Demand
Ford (F) reduces investment in its $3.5 billion Michigan battery plant due to lower-than-expected demand for EVs, a high cost of labor and the company's cost-cut strategy.
F
Ford Motor Company
Consumer Cyclical
Auto Manufacturers
0.727457
Wed 22 Nov 2023, 08:11AM
Nvidia edges higher as blowout Q3 earnings overtake concern for restricted China sales
Nvidia shares could hit another record high Wednesday as investors look for surging AI demand to offset the impact of U.S. restrictions on high-tech sales to China.
NVDA
NVIDIA Corporation
Technology
Semiconductors
-2.401481
Wed 22 Nov 2023, 08:05AM
Ford CEO Jim Farley slashes plans for new battery cell plant in latest sign the EV sales bonanza may be over
Ambitions for the Michigan plant, the first Ford site to make low-cost LFP battery cells, have been downsized to balance growth with profitability.
F
Ford Motor Company
Consumer Cyclical
Auto Manufacturers
0.727457
Wed 22 Nov 2023, 08:05AM
5 Top Blue-Chip Stocks to Gain From Recent Market Rally
Defying a tepid Dow, we have narrowed our search to five blue-chip (components of Dow) stocks are: MSFT, MMM, CRM, INTC, PG.
DOW
Dow Inc.
Basic Materials
Chemicals
-0.386624
Wed 22 Nov 2023, 08:05AM
5 Top Blue-Chip Stocks to Gain From Recent Market Rally
Defying a tepid Dow, we have narrowed our search to five blue-chip (components of Dow) stocks are: MSFT, MMM, CRM, INTC, PG.
MSFT
Microsoft Corporation
Technology
Software—Infrastructure
1.308067
Wed 22 Nov 2023, 08:05AM
5 Top Blue-Chip Stocks to Gain From Recent Market Rally
Defying a tepid Dow, we have narrowed our search to five blue-chip (components of Dow) stocks are: MSFT, MMM, CRM, INTC, PG.
INTC
Intel Corporation
Technology
Semiconductors
0.148969