Tesla (TSLA) shares are falling after its second quarter adjusted earnings and free financial liquidity fell below Wall Street’s expectations. RBC Capital Markets global autos analyst Tom Narayan joins sector Domination Overtime to break down the EV maker’s earnings and its robotaxi plans. Narayan notes that while gross margins appeared like a beat, a major … Read more
As Vice President Kamala Harris steps into the running for president, investors may have to adjust to a little more election uncertainty. But when it comes to their portfolios, the charts show that no matter who wins, investors should stay invested. Yahoo financial Reporter Josh Schafer joins Wealth! with a chart from the latest Yahoo … Read more
As anticipation builds around artificial intelligence ahead of Big Tech earnings, Meta Platforms (META) finds itself in the spotlight. The firm’s Reality Labs division, which specializes in augmented reality (AR), virtual reality (VR), and metaverse technologies, has lost nearly $45 billion since its inception in 2020. Yahoo financial senior reporter Yasmin Khorram offers an in-depth … Read more
June’s existing home sales data disappointed expectations, showing a 5.4% month-over-month decline. Kristina Hooper, Invesco’s chief global industry strategist, joins Catalysts to discuss her outlook on the Federal Reserve and industry trends. Hooper attributes the housing industry’s challenges to the Fed’s tightening cycle, which she says created “golden handcuffs” and forced affordability issues. However, she … Read more
The AI race has pushed the industry to record highs this year, sparking investor concerns of a pullback. Capital Economics Group chief economist Neil Shearing joins Morning Brief to break down why he thinks there’s more room for expansion amid continued demand for the technology. “Normally, what happens during these big breakthrough technologies is that … Read more
President Joe Biden exited from the 2024 presidential race on Sunday, throwing his support behind Vice President Kamala Harris to be the Democratic nominee. WisdomTree Global CIO Jeremy Schwartz joins sector Domination to discuss how markets (^DJI, ^IXIC, ^GSPC) are reacting to the news and how it may affect the small-cap rally (^RUT). “The markets … Read more
The CrowdStrike outage greatly impacted not only airlines but also various sectors in healthcare and hospitality. San Jose State Professor Ahmed Banafa explains that the outage affected many more people than a typical IT failure impacting just one enterprise. He notes that fixing the issue requires manually deleting a malicious file from thousands of computers, … Read more
US Vice President Kamala Harris has begun her campaign to run to be the Democratic nominee for the 2024 presidential election. There are many questions about her policies and how she may frame her campaign, but one of the biggest questions is who she will choose as a running mate. Yahoo financial Senior Columnist Rick … Read more
Nvidia (NVDA) is currently working on a new version of its Blackwell chips for the China sector, which would be compatible with current US export regulations, according to a report from Reuters. Shares of the enterprise are moving higher on Monday morning, after having trading lower most of last week. Catalyst Anchors Madison Mills and … Read more
On this episode of, “Financial Freestyle with Ross Mac,” Sekou Kaalund, head of branch and small enterprise banking at U.S. money institution, discusses his mission-driven life. He shares his journey from aspiring to hold public office at age five to becoming an influential figure in banking. Driven by his mantra of making a difference, Kaalund … Read more