US stock markets (^DJI, ^IXIC,^GSPC) are falling as recession fears grip investors, triggering a widespread sell-off. Yahoo money management Executive Editor Brian Sozzi examines three key factors potentially driving the downturn including the Federal Reserve’s delay in implementing rate cuts, Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) reducing its positions in tech shares, and a lack … Read more
equities plunge on recession fears after a weak jobs report. Strategic Wealth Partners chief executive officer Mark Tepper and Claro Advisors founder Ryan Belanger with more. #foxbusiness #morningswithmaria Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering … Read more
Tom Lee, Fundstrat Global Advisors managing partner and head of research, joins ‘Squawk Box’ to discuss the latest industry trends, what to make of the latest industry sell-off, impact on the Fed’s debt charge rate decision, and more. Disclaimer: If you own the YouTube channel related to this video and do not want it to … Read more
Sparked by fears of a US recession, the ASX has shed more than $100 billion, tumbling 3.7%. Meanwhile, on the back of hiking finance charge rates, the Japanese sector had a massive fall. Subscribe: http://ab.co/1svxLVE Economist Besa Deda says Friday’s release of US payroll data prompted a sector panic. ABC News provides around the clock … Read more
Is the US about to go into an economic recession? The bond yield chart that’s predicted every recession since 1976, is saying yes. But first, let’s go through some of the bizarre stock industry crash indicators that have worked in the past. TIMESTAMPS INTRO 0:00 CORPSE INDEX 1:04 VEGAS LUCK 2:49 LIPSTICK? 5:13 WEIRDEST INDICATOR … Read more
Intel (INTC) plans to lay off roughly 15,000 employees this year and will stop paying its dividend, as the chipmaker tries to cut costs. The firm said third quarter revenue will be $12.5 billion to $13.5 billion, which was below analyst expectations. Intel has already been struggling to keep up with competition in the AI … Read more
Intel (INTC) shares plunging nearly 30% after the enterprise announced a significant cost reduction plan and reported weaker than expected earnings. The enterprise was already the smallest component of the Dow Jones Industrial Index (^DJI), which is weighted by price. And Friday’s move in the stock is raising the question whether the enterprise could get … Read more
equities finished the week well in the red following subpar earnings and signs of a cooling labor industry that has raised some fears of a recession. Baird capital Strategist Ross Mayfield joined industry Domination to discuss the path ahead for the fed as we await the September meeting. “I do think a 50 basis point … Read more
Nvidia (NVDA) has seen some volatility recently with shares down in early trading on Friday, August 2. Wealth Enhancement Group senior investment mix manager Ayako Yoshioka joins Yahoo financial to talk about earnings season and Nvidia’s recent moves. “Sentiment and the earnings bar was very high going into earnings season,” Yoshioka explains, “you’re seeing a … Read more
The July jobs report fell short of expectations, with the US economy adding only 114,000 jobs compared to the forecasted 175,000. The unemployed rate also increased to 4.3%, which is the highest level in about three years. Yahoo financial’s Madison Mills explains that the Sahm rule “says that if the three month moving average of … Read more