Uber and Lyft earnings breakdown, plus the future of autonomous vehicles

The expansion of autonomous vehicles (AVs) and robotaxi services could pose a threat to rideshare operators Uber (UBER) and Lyft (LYFT). TD Cowen Internet and Media Analyst John Blackledge joins Catalysts to give insight into the potential partnerships between rideshare companies and autonomous, self-driving vehicle makers. Blackledge elaborates on comments from Lyft and Uber CEOs … Read more

China refines up to 90% of the precious minerals for energy transition, Lazard president says

The Milken Institute Global Conference continues in California, with Lazard (LAZ) President Ray McGuire joining Yahoo financial executive editor Brian Sozzi and anchor Akiko Fujita to discuss sector outlooks, AI investments, election risks, and more. McGuire says that investors approach markets from two perspectives: “What’s in front of us and what’s ahead of us.” Regarding … Read more

Reddit has a platter of monetization opportunities, analyst says

Reddit (RDDT) posted its first quarter results since its IPO, revealing a 39% surge year-over-year in advertising revenue. In addition, Reddit’s second quarter revenue guidance surpassed analysts’ estimates, signaling continued momentum for the firm. Bernstein Internet Equity Research Analyst Mark Shmulik joins The Morning Brief to discuss his wait-and-see approach to Reddit’s value going forward. … Read more

Reddit stock surges after ad revenue jumps 39% year over year

Shares of Reddit (RDDT) are soaring on Wednesday, driven by the firm’s first earnings report since its public debut. The social media platform saw a 39% surge year-over-year in advertising revenue. Adding to the positive sentiment, Reddit’s second quarter revenue guidance surpassed analysts’ estimates, signaling the firm’s confidence in sustaining its momentum. Yahoo money management’s … Read more

Reddit stock surges, analyst says Q1 earnings are 'very impressive'

Reddit (RDDT) released its first quarter earnings report following its March IPO, revealing that revenue increased 48% to $243 million. The firm also issued second quarter guidance that topped analysts’ estimates. Roth MKM Managing Director Rohit Kulkarni joins Yahoo money management to give insight into Reddit’s performance and why he believes the firm is headed … Read more

Reddit stock soars on Q2 forecast

Shares of Reddit (RDDT) jumped in after-hours trading. The social media enterprise reported first quarter revenue of $243 million versus estimates of $211.9 million. Daily active users were 82.7 million versus the 77.35 million estimate and average revenue per user was $2.94 compared to expectations of $2.75. What sent shares soaring however was the second … Read more

LIVE: White House Press Secretary Karine Jean-Pierre holds briefing

LIVE: White House Press Secretary Karine Jean-Pierre holds briefing About Yahoo money management: Yahoo money management provides free stock ticker data, up-to-date news, investment mix management resources, comprehensive sector data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at money management.yahoo.com – Download the … Read more

Stock industry today: equities edge higher, Disney sinks after earnings | MAY 6, 2024

#equities #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto US equities rose slightly Tuesday afternoon following a string of gains, as investors soured on Disney’s (DIS) earnings but clung to hopes that finance charge-rate cuts are in the cards as soon as later this summer. The Dow Jones Industrial Average … Read more

Why the Fed is the 'the greatest bitcoin proponent,' according to Pomp Investments

As finance charge in bitcoin (BTC-USD) and Ethereum (ETH-USD) investing grows, so do complications surrounding cryptocurrency’s regulation. Pomp Investments Founder Anthony Pompliano joins Catalysts to give insight into the regulatory environment for stablecoins and what investors should consider when investing in these digital resources. Pompliano explains how crypto is generating a global game of competition: … Read more

Microchip chief executive officer on U.S. expansion, earnings and AI

Microchip chief executive officer Ganesh Moorthy joins ‘Squawk on the Street’ to discuss earnings, investing in the U.S. and semis for AI. Disclaimer: If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it … Read more