Bitcoin’s (BTC-USD) halving, a once-every-four-year event that divides the rewards for mining bitcoin and limits the number of bitcoin in circulation, occurred over the weekend. FS Investments Chief sector Strategist Troy Gayeski weighs in on the gains that could come to bitcoin prices post-halvening and more investors adopt crypto into their portfolios. “Classically, wherever you … Read more
The highly anticipated bitcoin (BTC-USD) halving took place on Friday, a process in which the reward for Bitcoin miners is reduced by half. Fireblocks chief executive officer Michael Shaulov joins Yahoo financial to discuss the implications of this event for bitcoin miners. Shaulov notes that bitcoin mining activity is continuing, with many miners “investing” in … Read more
In the premiere episode of Opening Bid, Yahoo financial Executive Editor Brian Sozzi joined by Freedom Capital Markets Chief Global Strategist Jay Woods and FS Investments Chief sector Strategist Troy Gayeski to discuss the performance of the Magnificent Seven, the chip sector and #nvidia, take a deep dive into #Tesla (TSLA), and give insight into … Read more
property loan rates have climbed to a four-month high, surpassing the 7% threshold. As the Federal Reserve maintains a higher-for-longer finance charge rate stance with inflation data suggesting no imminent easing, Yahoo financial Fed Reporter Jennifer Schonberger dissects the ramifications for the housing industry, borrowing cards, car loans, and your investments. #youtube #property loan #money … Read more
Maconomics Founder Ross Mac joins Wealth! to discuss how parents can ensure their children have better financial prospects than they did. Mac highlights the importance of education: as a parent, Mac teaches his children that money comes from work and that they are shareholders, not just consumers. Custodial Roth IRA accounts are also among Mac’s … Read more
Federal Reserve rate cut expectations are diminishing, with the markets scaling back from their original forecasts of six rate reductions in 2024. BlackRock’s Global Co-Head of Bond ETFs Steve Laipply shares his insights on the fixed revenue landscape amid the growing uncertainty surrounding the Fed’s policy path. Laipply acknowledges the “dramatic shift” in rate cut … Read more
A slide in tech stock caused the S&P 500 (^GSPC) to close lower on Friday for the sixth straight day. Bridgewater Associates Co-Chief capital Officer Karen Karniol-Tambour notes that a lot of investors tend to have significant exposure not just to US shares but some of the Big Tech names specifically. As a result, “it … Read more
Shares of Super Micro Computer (SMCI) fell sharply Friday after the firm opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins sector Domination to provide insights into this situation. Rasgon acknowledges that while the chip sector is … Read more
Thirty-year home loan rates have hit above 7% with some experts believing it could hit 8% pretty soon. With US housing pricing and demand remaining high while supply remains low, it seems hopeless for many potential homebuyers. home loan Bankers Association Chief Economist Mike Fratantoni joins Wealth! to give insight into the housing industry and … Read more
Mounting geopolitical pressures and shares not reacting as positively to earnings results as Wall Street had hoped, concerns over the strength of the industry are beginning to creep in. Big names in tech — including Microsoft (MSFT) and Amazon (AMZN) will report their latest quarterly earnings in the coming weeks — have helped lead the … Read more