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Tue 21 Nov 2023, 03:05PM | Starbucks loses a major milestone in this key country | The coffee chain has been firing on all cylinders in the U.S., but in another area of the world, it's losing ground to a domestic competitor. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 0.288923 |
Tue 21 Nov 2023, 03:05PM | Ford's controversial new battery plant is taking a step back | Ford has been facing a tough trail lately and it seems it's about to get bumpier. After construction paused on the Blue Oval Battery Park near Marshall, Michigan two months ago, Ford announced a new update on Nov. 21 that it is scaling back on its original plans to spend $3.5 billion for a factory capable of producing 35 gigawatt hours of batteries annually and employing 2,500 people. Ford itself will own the factory, and will be allowing the United Auto Workers to organize its workers once it opens. | F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.837026 |
Tue 21 Nov 2023, 03:00PM | 9 Walmart Food Items That Have the Best Deals in the Fall | At Walmart Supercenters, you can find a huge selection of meals and ingredients at everyday low prices. This makes Walmart a great place to shop if you're on a budget and want to do your entire... | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -1.093146 |
Tue 21 Nov 2023, 02:56PM | Microsoft Offers to Absorb Any Resigning OpenAI Workers Amid AI Talent Shortage | Microsoft offered to hire any resigning employees of ChatGPT maker OpenAI after hiring former OpenAI CEO Sam Altman, amid a shortage of artificial intelligence talent. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | 1.41516 |
Tue 21 Nov 2023, 02:26PM | Stocks Shrug Off Latest Fed Minutes | Stocks held on to earlier declines after the Federal Open Market Committee released minutes from its latest meeting. The S&P 500 was down 0.2%, and the Nasdaq Composite was down 0.7%. Chip stocks declined ahead of Nvidia’s key earnings report, which is due after the market closes. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -2.886085 |
Tue 21 Nov 2023, 02:26PM | One of Tesla's foremost bears issues bold challenge to CEO Musk | A strange new bear thesis for Tesla emerged last week when Chief Executive Elon Musk highlighted an antisemitic conspiracy theory, then sent out a series of seemingly antisemitic tweets on X. Musk then criticized the Anti-Defamation League in part for pushing this so-called antiwhite racism. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -2.927438 |
Tue 21 Nov 2023, 02:26PM | Forget Thanksgiving food, Costco has a big way members can save | 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 | 0.621534 |
Tue 21 Nov 2023, 02:10PM | Elon Musk’s X sues Media Matters over research on pro-Nazi content | The lawsuit accuses the media watchdog of distorting how users experience ads on the platform. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -2.927438 |
Tue 21 Nov 2023, 02:07PM | Top Analyst Reports for Novo Nordisk, Bank of America & Netflix | Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk A/S (NVO), Bank of America Corporation (BAC) and Netflix, Inc. (NFLX). | NFLX | Netflix, Inc. | Communication Services | Entertainment | 0.963911 |
Tue 21 Nov 2023, 02:07PM | Top Analyst Reports for Novo Nordisk, Bank of America & Netflix | Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk A/S (NVO), Bank of America Corporation (BAC) and Netflix, Inc. (NFLX). | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 0.138946 |
Tue 21 Nov 2023, 02:05PM | Generative AI is the major turning point in skills-first hiring, says former IBM CEO Ginni Rometty: ‘People are afraid of what their jobs are going to look like’ | The former IBM CEO coined the term “new-collar jobs” a decade ago. Now she says skills-first is more apt—and it’s all the rage. | IBM | International Business Machines Corporation | Technology | Information Technology Services | 0.519685 |
Tue 21 Nov 2023, 01:56PM | Why Is Deere Looking Green Ahead of Earnings? | Deere & Co is scheduled to report their latest earnings figures before Wednesday's market open. The On-Balance-Volume (OBV) line has been in a decline the past year. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line. | DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | -6.118318 |
Tue 21 Nov 2023, 01:55PM | Sam Altman's sudden firing mirrors Steve Jobs' 1985 Apple dismissal — except for one big difference | OpenAI, the company behind ChatGPT, ousted CEO and co-founder Sam Altman in a surprise move Nov. 17. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.870587 |
Tue 21 Nov 2023, 01:48PM | OpenAI Chaos Could Hurt Microsoft, Analysts Warn | A management crisis at artificial-intelligence firm OpenAI could ensnare Microsoft despite the latter's efforts to contain the issues. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | 1.030541 |
Tue 21 Nov 2023, 01:46PM | Jacobs (J) Misses Q4 Earnings Estimates, Gives Solid '24 View | Jacobs' (J) fourth-quarter fiscal 2023 results reflect growth across all lines of business. | MDLZ | Mondelez International, Inc. | Consumer Defensive | Confectioners | 0.301993 |
Tue 21 Nov 2023, 01:45PM | Dow Jones Falls Amid Retail Warnings; Fed Minutes Due Soon | The Dow Jones fell as Fed minutes loom. Retailers Lowes and Best Buy see slower holiday spending. Tesla retook its 50-day line. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -2.927438 |
Tue 21 Nov 2023, 01:44PM | Lowe's (LOW) Q3 Earnings Beat Estimates, Sales Fall Y/Y | Lowe's (LOW) reports lower sales year over year for third-quarter fiscal 2023 due to weak comparable sales. | LOW | Lowe's Companies, Inc. | Consumer Cyclical | Home Improvement Retail | -0.49308 |
Tue 21 Nov 2023, 01:40PM | Dow futures slip, Nvidia eases 1.5% after earnings | Investing.com - US stock futures ticked lower during Tuesday's evening deals, extended a negative session for major benchmarks as investors evaluated Nvidia's latest earnings results. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -2.886085 |
Tue 21 Nov 2023, 01:38PM | McDonald's Finally Serves Us Something Hot | Let's check on the fast food giant as it eyes China, its shares rebound and we boost our panic point. | MCD | McDonald's Corporation | Consumer Cyclical | Restaurants | 0.739288 |
Tue 21 Nov 2023, 01:20PM | Dow Dips, Tech Shares Retreat Ahead of Nvidia’s Earnings | Tech shares led stocks lower as investors eyed the drama at OpenAI and awaited results from Nvidia, the chip maker that has been riding the AI wave. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -3.016955 |
Tue 21 Nov 2023, 01:17PM | How one founder foresees a 'crash of it all' within AI | Recently, Microsoft (MSFT) acquired former OpenAI Founder Sam Altman after the AI executive was ousted by his firm's board of directors. The company received backlash in the form of an open letter from employees to the board, demanding that OpenAI’s remaining board members resign or those OpenAI employees will join Altman at Microsoft. The New York Times reported a letter showing over 700 employees signing that letter, which the company only has 770 employees. Robust.AI and Geometric Intelligence Founder Gary Marcus joins Yahoo Finance to discuss why he believes, regardless of this news, OpenAI and its technology are a bit overhyped for the current sentiment. "One other thing, which I think is really interesting, which is people were valuing OpenAI at $86 billion. I've always thought that was a mistake. I think the technology's actually far from ready from prime time. The amount of money being made so far is relatively small and it's really interesting that most of the engineers seem to be willing to leave whatever OpenAI allegedly had behind," Marcus explains. "Maybe this stuff isn't as promising as people thought." 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 | 1.314308 |
Tue 21 Nov 2023, 01:14PM | Sonos Readies $400-Plus Headphones to Rival Apple and Bose, TV Set-Top Box | (Bloomberg) -- Sonos Inc., best known for its smart speakers and sound bars, will make a long-awaited push into headphones with a model priced upwards of $400 that’s slated to be released as early as April, according to people familiar with the matter. Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnOpenAI in ‘Intense Discussions’ to Quell Potential MutinyBinance and CEO Plead Guilty, Agree to Pay Billions in FinesCitigroup Cuts Over 300 Senior Manager | AAPL | Apple Inc. | Technology | Consumer Electronics | 1.047426 |
Tue 21 Nov 2023, 01:01PM | Chips Stocks Fall Ahead of Nvidia Earnings | Semiconductor stocks were falling on Tuesday ahead of the latest [earnings report from graphics card titan Nvidia]( | NVDA | NVIDIA Corporation | Technology | Semiconductors | -3.016955 |
Tue 21 Nov 2023, 12:47PM | Ford scales back plans for Michigan EV battery plant | Ford (F) intends to scale back production capacity for its EV battery plant in Marshall, Michigan, originally going to invest up to $3.5 billion to build out the Midwest factory. The plant still expects to open in 2026 under this new strategy. Yahoo Finance Autos Correspondent Pras Subramanian details Ford's current cost-saving strategy as EV demand experiences a pullback and how other automakers are feeling about the electric vehicle market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.786407 |
Tue 21 Nov 2023, 12:43PM | Seth Bernstein, President and CEO, to Participate in the Goldman Sachs 2023 US Financial Services Conference on December 5th, 2023 | AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that Seth Bernstein, President and CEO, will participate in the Goldman Sachs 2023 US Financial Services Conference on Tuesday, December 5, 2023 in a session that begins at 9:00 a.m. (CT). | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | 0.200124 |
Tue 21 Nov 2023, 12:42PM | Why Qualcomm Stock Dropped This Morning | Qualcomm (NASDAQ: QCOM) stock shed about 2.5% through 12:30 p.m. ET on Tuesday, but the reasons why relate more to what's happening at a rival chip company than to anything occurring at Qualcomm itself. If you are unfamiliar with MediaTek, it's worth getting acquainted. With a market capitalization of $47 billion, the Taiwan-based "fabless" semiconductor producer is barely one-third of Qualcomm's size. | QCOM | QUALCOMM Incorporated | Technology | Semiconductors | 1.416582 |
Tue 21 Nov 2023, 12:41PM | J&J (JNJ) Seeks Expanded Use of Lung Cancer Drug Rybrevant | J&J's (JNJ) sBLA seeks label expansion for Rybrevant plus chemotherapy to treat patients with EGFR-mutated NSCLC whose disease progressed on or after treatment with AstraZeneca's Tagrisso (osimertinib). | JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers—General | 0.263982 |
Tue 21 Nov 2023, 12:35PM | Walmart's $9 billion store makeover may already be paying off | QR codes, mannequins, a dining room, it's all in a bid to get consumers to spend more in Walmart stores. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.174276 |
Tue 21 Nov 2023, 12:32PM | McDonald's (MCD) to Acquire Carlyle's Stake in Its China Operation | McDonald's (MCD) to acquire the minority ownership stake of its China operations from the global investment firm, Carlyle. | MCD | McDonald's Corporation | Consumer Cyclical | Restaurants | 0.896037 |
Tue 21 Nov 2023, 12:11PM | US STOCKS-Wall St falls as investors await Nvidia results, Fed minutes | U.S. stocks fell on Tuesday, pulling back after a recent streak of gains as investors awaited Nvidia's quarterly results and minutes of the Federal Reserve's last policy meeting for clues on the central bank's interest rate path. A technology-fueled rally led the S&P 500 and the Nasdaq to register their highest closing levels in over three months on Monday, as investors continued to bet that the Fed was at the end of its rate-hiking cycle. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -2.162931 |
Tue 21 Nov 2023, 12:09PM | HEDGE FLOW-'Magnificent 7' bets drive hedge fund crowding to record high -Goldman Sachs | Hedge fund crowding has hit its highest on record, as asset managers have upped their bets on the "Magnificent 7" tech stocks that have juiced up portfolio returns this year, Goldman Sachs said in a report on Tuesday. Returns for the stocks Goldman Sachs has identified as the most popular hedge fund long positions have jumped 31% so far this year, compared to the 19% rise in the benchmark S&P 500 index. However, as popular positions gain momentum, there is a growing risk of crowding, which reached its highest in the 22 years since Goldman started tracking the funds. | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | 0.439842 |
Tue 21 Nov 2023, 12:00PM | What Makes Microsoft (MSFT) a New Buy Stock | Microsoft (MSFT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | 1.401523 |
Tue 21 Nov 2023, 12:00PM | What Makes PepsiCo (PEP) a New Buy Stock | PepsiCo (PEP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). | PEP | PepsiCo, Inc. | Consumer Defensive | Beverages - Non-Alcoholic | 1.157278 |
Tue 21 Nov 2023, 12:00PM | Verizon awards $100K to Portland Regional Chamber of Commerce to advance digital equity in Maine | PORTLAND, Maine, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Verizon announces a $100,000 award to the Portland Regional Chamber of Commerce (“the Chamber”) for the development of Opportunity Clicks. The partnership is part of the Verizon Forward Community Enhancement Award, a $1 million national initiative equipping communities with the tools to navigate an increasingly technological world. Through Opportunity Clicks, the Chamber will partner with give IT. get IT., Maine’s only nonprofit computer access | VZ | Verizon Communications Inc. | Communication Services | Telecom Services | 0.442421 |
Tue 21 Nov 2023, 11:45AM | (Mountain) Lions, Jaguars, and Bears…Oh My! | NORTHAMPTON, MA / ACCESSWIRE / November 21, 2023 / FedEx CorporationOn World Animal Day, we are honored to recognize organizations such as the Oakland Zoo for their commitment to the well-being of all animals.FedEx and the Oakland Zoo have collaborated ... | FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 0.366018 |
Tue 21 Nov 2023, 11:40AM | ABBV vs. LLY: Which Stock Should Value Investors Buy Now? | ABBV vs. LLY: Which Stock Is the Better Value Option? | ABBV | AbbVie Inc. | Healthcare | Drug Manufacturers—General | 0.062129 |
Tue 21 Nov 2023, 11:36AM | UPDATE 2-Ford scales back Michigan battery plant, restarts construction | Ford Motor will scale back the investment, capacity and the number of jobs planned for an electric-vehicle (EV) battery plant in Michigan that has drawn fire from U.S. lawmakers for its use of technology supplied by Chinese battery maker CATL, the automaker said on Tuesday. Ford said it would restart construction of the factory near Marshall, Michigan, after being paused two months ago. The No. 2 U.S. automaker plans to start producing low-cost lithium-iron batteries by 2026 based on technology licensed from CATL. | F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.638817 |
Tue 21 Nov 2023, 11:36AM | Why Amazon Is Launching Free AI Classes | Amazon is offering free AI classes. WSJ reporter Sebastian Herrera joins host Julie Chang with more on why the e-commerce giant launched the new program. Photo: Associated Press | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 3.706609 |
Tue 21 Nov 2023, 11:32AM | Lowe's & American Eagle: Retailers in focus after earnings | Retail earnings are a mixed bag this quarter, with chains such as Kohl's (KSS), Lowe's (LOW), and Best Buy (BBY) trading lower this morning. Most notably, shares of American Eagle Outfitters (AEO) are diving by over 16% after narrowly topping third-quarter estimates with Wall Street analysts left largely unimpressed by its holiday forecasts and sales growth in its brands. Yahoo Finance Retail Reporter Brooke DiPalma joins the Live show to discuss American Eagle and Lowe's earnings, taking the temperature of consumer sentiment heading into the busiest time of year for retailers. figuresFor more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | LOW | Lowe's Companies, Inc. | Consumer Cyclical | Home Improvement Retail | -1.144653 |
Tue 21 Nov 2023, 11:30AM | Microsoft’s AI Fate Isn’t Entirely in Its Hands: WSJ’s Dan Gallagher | OpenAI developed the key generative artificial-intelligence technology that helped give Microsoft a healthy lead in the biggest tech race in years. After OpenAI’s board ousted co-founder and CEO Sam Altman on Friday and his weekend efforts to return to the company fell apart, Microsoft hired Altman and other pivotal OpenAI figures to lead an advanced AI research team. **Gallagher:** Microsoft is one of the largest companies on the planet, with a market capitalization approaching $3 trillion. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | 1.401523 |
Tue 21 Nov 2023, 11:29AM | Squid Game: The Challenge TV review — Netflix megahit becomes an irresistible reality show | Spin-off of the Korean drama gathers real contestants from a variety of backgrounds to compete for a $4.56mn cash prize | NFLX | Netflix, Inc. | Communication Services | Entertainment | 1.204312 |
Tue 21 Nov 2023, 11:27AM | Broadcom-VMware $69bn merger to close after China approves deal | US chipmaker Broadcom will complete its acquisition of cloud software company VMware on Wednesday, the two companies announced after China approved the $69bn deal. Beijing approved the merger with some “restrictive conditions”, according to a statement from its anti-monopoly regulator on Tuesday, in a sign China was working to ease trade tensions with the US amid a broader slowdown in its domestic economic growth. “Broadcom and VMware today announced that they have received all required regulatory approvals and intend to close Broadcom’s acquisition of VMware on November 22, 2023,” they said in a joint statement shortly after Beijing’s announcement. | AVGO | Broadcom Inc. | Technology | Semiconductors | -1.453027 |
Tue 21 Nov 2023, 11:27AM | Rackspace Technology to Showcase Purpose-built Generative Artificial Intelligence (AI) Applications from Foundry for AI by Rackspace (FAIR) at AWS re:Invent | Rackspace will Feature Generative AI Applications, Breakout Session with JobTarget and Networking EventsSAN ANTONIO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid multicloud technology solutions, announced celebrating twelve years of attending AWS re:Invent with a futuristic booth activation, a breakout session in collaboration with JobTarget, networking events and a showcase of purpose-built generative artificial intelligence (AI) application | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 0.520327 |
Tue 21 Nov 2023, 11:27AM | Rackspace Technology to Showcase Purpose-built Generative Artificial Intelligence (AI) Applications from Foundry for AI by Rackspace (FAIR) at AWS re:Invent | Rackspace will Feature Generative AI Applications, Breakout Session with JobTarget and Networking EventsSAN ANTONIO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid multicloud technology solutions, announced celebrating twelve years of attending AWS re:Invent with a futuristic booth activation, a breakout session in collaboration with JobTarget, networking events and a showcase of purpose-built generative artificial intelligence (AI) application | META | Meta Platforms, Inc. | Communication Services | Internet Content & Information | 0.583532 |
Tue 21 Nov 2023, 11:20AM | Mastercard (MA) Approved to Process Domestic Payments in China | Mastercard's (MA) JV unit in China receives approval to set up a bankcard clearing institution in the country to ensure seamless payment experiences. It also aims to expand the issuance of MA-branded cards in the country. | MA | Mastercard Incorporated | Financial Services | Credit Services | 1.713436 |
Tue 21 Nov 2023, 11:18AM | Tim Cook lays out what he looks for in an Apple employee—and no, a college degree isn’t necessary | Tim Cook, the CEO of Apple, has laid out the characteristics he likes to see in new hires. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.23004 |
Tue 21 Nov 2023, 11:17AM | Here's the dark horse tech giant that's going to come out ahead of Nvidia and Microsoft | Nvidia became Wall Street's chosen entry into artificial intelligence earlier in the year when the semiconductor giant reported first-quarter earnings that blew past analyst expectations. The company noted particular growth in its data center sector, indicating that the excitement over generative AI was real and importantly, monetizable. Reporting second-quarter results, Nvidia posted a strong double beat for the second time, further strengthening its position. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -4.344461 |
Tue 21 Nov 2023, 11:17AM | Here's the dark horse tech giant that's going to come out ahead of Nvidia and Microsoft | Nvidia became Wall Street's chosen entry into artificial intelligence earlier in the year when the semiconductor giant reported first-quarter earnings that blew past analyst expectations. The company noted particular growth in its data center sector, indicating that the excitement over generative AI was real and importantly, monetizable. Reporting second-quarter results, Nvidia posted a strong double beat for the second time, further strengthening its position. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.174776 |
Tue 21 Nov 2023, 11:16AM | Need fast-food? These restaurants are open on Thanksgiving Day 2023 | Fast-food restaurants like McDonald's and Starbucks will be open on Thanksgiving Day 2023, as well as chain restaurants including Cracker Barrel, Golden Corral and many more. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | -0.158198 |
Tue 21 Nov 2023, 11:16AM | Need fast-food? These restaurants are open on Thanksgiving Day 2023 | Fast-food restaurants like McDonald's and Starbucks will be open on Thanksgiving Day 2023, as well as chain restaurants including Cracker Barrel, Golden Corral and many more. | MCD | McDonald's Corporation | Consumer Cyclical | Restaurants | 1.085865 |
Tue 21 Nov 2023, 11:10AM | Comcast (CMCSA) Boosts Xfinity 10G Network Expansion in Clinton | Comcast (CMCSA) begins construction to expand its smart, fast and reliable fiber-rich network to more than 300 additional homes and businesses in Clinton. | CMCSA | Comcast Corporation | Communication Services | Telecom Services | -0.419044 |
Tue 21 Nov 2023, 11:03AM | Burlington is an underappreciated underdog, analyst explains | According to data released from the Federal Reserve Bank of New York, consumers have surpassed $1 trillion dollars in credit card debt, while a Deloitte survey illustrates American shoppers as planning to spend $567 on average during Black Friday and Cyber Monday shopping events. This spending estimate is a 13% increase from last year's holiday season. More than ever, consumers are on the lookout for value as they try not to break the bank, putting certain retailers in a better position to capitalize on this trend than others. Bernstein Analyst Aneesha Sherman joins Yahoo Finance to discuss one of those retailers, Burlington Stores (BURL), and why she believes they are an "underdog" ready to pounce. "Burlington is one of the few retailers across the landscape that has seen positive [comparable] store sales, and we've seen a lot of retailers report this morning, a lot of negative comp. store sales and we've seen that for the second quarter in a row now; the third quarter for some retailers," Sherman outlines. "But, Burlington, as well as other off-price retailers — TJX (TJX) and Ross (ROST) — are all seeing positive comps for three or four quarters in a row, which suggests they are gaining share." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 1.227281 |
Tue 21 Nov 2023, 11:02AM | Medtronic (MDT) Q2 Earnings Beat Estimates, 2024 View Up | Medtronic (MDT) Q2 results reflect broad strength across businesses and geographies, benefiting from durable fundamentals. | MDT | Medtronic plc | Healthcare | Medical Devices | 4.676689 |
Tue 21 Nov 2023, 11:00AM | 12 Best New Money-Saving Items Coming to Costco This Winter | Like many major retailers, Costcos everywhere have started swapping out some of their selections for more seasonal goods. This includes winter apparel, outdoor gear, holiday-themed decor, home heating... | COST | Costco Wholesale Corporation | Consumer Defensive | Discount Stores | 1.174143 |
Tue 21 Nov 2023, 11:00AM | Tesla Eyes Huge Unserved Car Market: India | Tesla is eyeing up the Indian car market, the world's third-largest, after its successful first forays in Asia, particularly in China. Tesla plans this year to almost double the amount of car parts it buys from Indian manufacturers. It is also reportedly close to announcing a deal to begin importing cars into India and then to build a factory in India within two years. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -0.570617 |
Tue 21 Nov 2023, 10:37AM | Ford to resume building Michigan electric vehicle battery plant delayed by strike, but scale it back | Ford Motor Co. is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers union. Ford put the plant, originally to cost $3.5 billion, on hold in late September as the union went on strike at targeted assembly plants run by Ford, General Motors and Jeep maker Stellantis. Spokesman Mark Truby said Tuesday that the company looked at growth forecasts for electric vehicle sales, its EV product plans and whether it could make a sustainable business out of the factory in Marshall, about 100 miles (160 kilometers) west of Detroit. | F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | -0.967122 |
Tue 21 Nov 2023, 10:33AM | McDonald's menu tries a new take on a controversial classic | McDonald's, at least in the United States, has a troubled relationship with pizza. The chains tried to introduce McPizza in the 1980s as a family-sized pie brought to your table and served on a raised stand. Pizza has remained a challenge for not just McDonald's but rivals like Wendy's and Burger King. | MCD | McDonald's Corporation | Consumer Cyclical | Restaurants | 1.085865 |
Tue 21 Nov 2023, 10:15AM | Prominent tech chief says Microsoft is not the real winner in OpenAI 'disaster' | In the wake of the chaos that erupted around former CEO Sam Altman's sudden ouster from OpenAI Friday afternoon, investors seemed to come away with the general impression that Microsoft would come away as the real winner of the mess. Before the bell opened Monday, Microsoft CEO Satya Nadella said that Altman and many of his colleagues would be joining Microsoft to head up a new AI project at Microsoft. Nadella said that Microsoft — which has invested $13 billion in OpenAI, granting it a 49% stake — remains committed both to its partnership with OpenAI and to Altman. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.174776 |
Tue 21 Nov 2023, 10:15AM | Bristol Myers (BMY), TSVT Cell Therapy Abecma Faces Setback | Bristol Myers Squibb (BMY) and 2seventy bio, Inc.'s efforts to seek approval for the label expansion of Abecma for earlier lines of treatment face a roadblock. | BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | -0.245447 |
Tue 21 Nov 2023, 10:13AM | Microsoft-OpenAI Saga’s Big Unknown: Sam Altman’s Next Move | More than 95% of OpenAI employees have now signed a letter threatening to quit and join Sam Altman at Microsoft unless the board resigns and reappoints the former CEO. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.174776 |
Tue 21 Nov 2023, 10:02AM | US STOCKS-Wall St slips as Nvidia results, Fed minutes loom | U.S. stocks fell on Tuesday as investors awaited Nvidia's quarterly results and the Federal Reserve's policy meeting minutes, while multiple downbeat earnings from retailers also weighed on sentiment. A technology-fueled rally led the S&P 500 and the Nasdaq to register their highest closing level in over three months on Monday, as investors continued to bet that the Fed was at the end of its rate hiking cycle. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -4.344461 |
Tue 21 Nov 2023, 10:00AM | Amazon’s Black Friday Deal: Football With a Side of Online Shopping | The e-commerce giant plans to feature exclusive deals and QR codes during the NFL game to spur more purchases. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 0.520327 |
Tue 21 Nov 2023, 10:00AM | 2 Stocks Profiting From Unstoppable Trends That Could Make You Richer | Tesla (NASDAQ: TSLA) has become synonymous with the electric vehicle (EV) movement, and while early investors have made substantial profits, the company has yet to achieve its full potential. Meanwhile, Coinbase Global (NASDAQ: COIN) is paving the way for new applications of cryptocurrencies and blockchain technology, presenting investors with a promising opportunity for high growth. Let's take a look at why Tesla and Coinbase have plenty of room to grow your portfolio. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -0.570617 |
Tue 21 Nov 2023, 09:48AM | The Zacks Analyst Blog Highlights Procter & Gamble, Novartis, Mondelez International, Elevance Health and Vertex Pharmaceuticals | Procter & Gamble, Novartis, Mondelez International, Elevance Health and Vertex Pharmaceuticals are part of the Zacks top Analyst Blog. | MDLZ | Mondelez International, Inc. | Consumer Defensive | Confectioners | 0.733537 |
Tue 21 Nov 2023, 09:48AM | The Zacks Analyst Blog Highlights Procter & Gamble, Novartis, Mondelez International, Elevance Health and Vertex Pharmaceuticals | Procter & Gamble, Novartis, Mondelez International, Elevance Health and Vertex Pharmaceuticals are part of the Zacks top Analyst Blog. | PG | The Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 0.425843 |
Tue 21 Nov 2023, 09:43AM | The Zacks Analyst Blog Highlights Gilead Sciences, Legend Biotech, BeiGene, Exact Sciences and Sarepta Therapeutics | Gilead Sciences, Legend Biotech, BeiGene, Exact Sciences and Sarepta Therapeutics are part of the Zacks top Analyst Blog. | GILD | Gilead Sciences, Inc. | Healthcare | Drug Manufacturers—General | -1.434206 |
Tue 21 Nov 2023, 09:40AM | Is KLA (KLAC) Stock Outpacing Its Computer and Technology Peers This Year? | Here is how KLA (KLAC) and Microsoft (MSFT) have performed compared to their sector so far this year. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.174776 |
Tue 21 Nov 2023, 09:40AM | Is Wingstop (WING) Outperforming Other Retail-Wholesale Stocks This Year? | Here is how Wingstop (WING) and Williams-Sonoma (WSM) have performed compared to their sector so far this year. | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | 1.585429 |
Tue 21 Nov 2023, 09:40AM | Is Wingstop (WING) Outperforming Other Retail-Wholesale Stocks This Year? | Here is how Wingstop (WING) and Williams-Sonoma (WSM) have performed compared to their sector so far this year. | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | 1.529496 |
Tue 21 Nov 2023, 09:40AM | Is BUNGE GLOBAL SA (BG) Outperforming Other Basic Materials Stocks This Year? | Here is how Bunge Global (BG) and Linde (LIN) have performed compared to their sector so far this year. | LIN | Linde plc | Basic Materials | Specialty Chemicals | 0.477562 |
Tue 21 Nov 2023, 09:40AM | Dick's earnings beat 'first steps' to reengage investors | Dick's Sporting Goods (DKS) shares are putting in the green Tuesday morning after reporting a third-quarter earnings beat. The sports retailer raised its full-year outlook after putting up with retail theft concerns and profit pull-backs in 2023. Wells Fargo Equity Research Analyst Will Gaertner calls this earnings report very important for the brand, pointing to its private label brands as a big margin driver for retail customers. "Look, they clearly have momentum going into the holiday," Gaertner tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | WFC | Wells Fargo & Company | Financial Services | Banks—Diversified | -0.093416 |
Tue 21 Nov 2023, 09:37AM | The Zacks Analyst Blog Highlights NVIDIA, Royal Caribbean Cruises, Sands China and Live Nation Entertainment | NVIDIA, Royal Caribbean Cruises, Sands China and Live Nation Entertainment are part of the Zacks top Analyst Blog. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -4.344461 |
Tue 21 Nov 2023, 09:35AM | UPDATE 2-GM to hold Nov. 29 business update after UAW contract deal | General Motors said on Tuesday it will give a Nov. 29 business update following the ratification of new labor agreements in the United States and Canada. GM CEO Mary Barra and Chief Financial Officer Paul Jacobson will hold a conference call with analysts. The United Auto Workers union on Monday said members had approved a new labor deal through April 2028 that will boost GM's labor costs, including an immediate 11% pay hike. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -1.560307 |
Tue 21 Nov 2023, 09:34AM | Stocks Open Lower After Mixed Bag of Retail Earnings | Stocks opened lower on Tuesday as traders digested the latest wave of retail earnings. All eyes will turn to Nvidia after the market closes. The Dow Jones Industrial Average was down 60 points, or 0.2%. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -4.344461 |
Tue 21 Nov 2023, 09:32AM | Dow Jones Falls Ahead Of Fed Minutes; Nvidia Earnings Next | The Dow Jones Industrial Average fell Tuesday ahead of today's Fed minutes. Nvidia earnings are due out after the close. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -4.344461 |
Tue 21 Nov 2023, 09:30AM | Should You Invest in AbbVie (ABBV) Based on Bullish Wall Street Views? | The average brokerage recommendation (ABR) for AbbVie (ABBV) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock? | ABBV | AbbVie Inc. | Healthcare | Drug Manufacturers—General | 0.325153 |
Tue 21 Nov 2023, 09:29AM | Zacks Industry Outlook Highlights Deere & Co, AGCO Alamo Group, Titan International and CNH Industrial | Deere & Co, AGCO, Alamo Group, Titan International and CNH Industrial are part of Zacks Industry Outlook article. | DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 0.612638 |
Tue 21 Nov 2023, 09:18AM | Jacobs (J) to Spin-Off & Merge Government Services Arm With Amentum | Jacobs (J) is set to transform its operations by spinning off its CMS and Cyber & Intelligence government services. The new entity will boast a substantial $13 billion in annual revenues. | MDLZ | Mondelez International, Inc. | Consumer Defensive | Confectioners | 0.112853 |
Tue 21 Nov 2023, 09:10AM | NVIDIA (NVDA) Spectrum-X to Power Dell, HPE & Lenovo Servers | NVIDIA (NVDA) announces that its ethernet networking platform, Spectrum-X, is set to be integrated into Dell, HPE and Lenovo servers. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -0.832212 |
Tue 21 Nov 2023, 09:09AM | Medtronic Angles To Retake Its 50-Day Line After Topping Quarterly Calls | Medtronic beat fiscal second-quarter expectations Tuesday and raised its outlook for the year. MDT stock jumped in early trades. | MDT | Medtronic plc | Healthcare | Medical Devices | 4.67003 |
Tue 21 Nov 2023, 09:08AM | Bet on These 3 Permian Stocks as Oil Price is Still Healthy | Exploration and production businesses are still favorable as crude price remains healthy. Thus, Matador (MTDR), EOG Resources (EOG) and ExxonMobil (XOM) are poised to gain. | XOM | Exxon Mobil Corporation | Energy | Oil & Gas Integrated | -0.057403 |
Tue 21 Nov 2023, 09:05AM | Broadcom-VMware Deal Gets China Approval. Why the Stocks Are Dropping. | Broadcom plans to close on its merger with VMware on Wednesday after getting conditional approval for the deal Tuesday from China’s antitrust regulator. China’s State Administration for Market Regulation, or SAMR, issued a statement granting the conditional approval Tuesday. In a press release Tuesday, the two companies said they “have received all required regulatory approvals and intend to close Broadcom’s acquisition of VMware on November 22, 2023.” | AVGO | Broadcom Inc. | Technology | Semiconductors | -1.458549 |
Tue 21 Nov 2023, 09:04AM | UPDATE 1-European Patent Office declares Moderna mRNA patent invalid | The European Patent Office declared a contested mRNA patent owned by Moderna invalid on Tuesday, the office said, handing a win to BioNTech and its partner Pfizer in a patent dispute between the two coronavirus vaccine makers. Moderna said in a statement that it disagreed with the office's decision and would lodge an appeal. Shares in Moderna were down 2.3% in premarket trading on Wall Street after the decision was announced by BioNTech earlier on Tuesday. | PFE | Pfizer Inc. | Healthcare | Drug Manufacturers—General | 1.067021 |
Tue 21 Nov 2023, 09:04AM | 3 Green Flags for Walmart Stock in 2023 | Wall Street wasn't thrilled with the latest earnings update from Walmart (NYSE: WMT). Let's dive into three reasons why Wall Street overreacted by pushing the stock lower in the wake of that recent earnings report. Walmart reported a 5% boost in comparable-store sales, marking just a slight slowdown from the prior quarter's 6% increase. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 0.3541 |
Tue 21 Nov 2023, 09:02AM | Nvidia report in focus: AI translates to profit surge, record stock price | Nvidia is expected to report Q3 sales nearly tripled amid as demand for AI-related chips surged. But new limits on exports to China could blunt its forecasts. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -0.832212 |
Tue 21 Nov 2023, 09:01AM | Nvidia earnings: What investors should watch | Nvidia (NVDA) will be reporting third-quarter earnings after the bell on Tuesday, the last of the Magnificent Seven stocks to report. Many investors have high expectations for the company’s upcoming earnings report and are wondering how it will impact markets, as Nvidia shares are up over 200 percent year-to-date. The company’s outlook will also be in focus amid chip export restrictions to China. Yahoo Finance spoke to industry experts to break down what to watch from the company’s report. Stifel Applied Technology Analyst Ruben Roy explained why he believes Nvidia will have at least “several quarters ahead… where we have quite robust results coming up.” “We haven’t seen any slowdown to… the momentum that Nvidia’s seeing on orders for their high-end chips… [and] large language model training networks and we expect that to continue into year end and into next year,” Roy says. Although supply constraints impacted some of Nvidia’s sales, “we expect those supply constraints to start to ease as we get into the end of the year.” ARK Investments Founder, CEO, and Chief Investment Officer Cathie Wood breaks down why the flagship strategy does not own Nvidia. Although “Nvidia has been the enabler of these amazing breakthroughs in AI,” Wood says, people “are not thinking about who the prime beneficiaries are going to be.” “Every stock in our portfolio, practically, is there with AI as a reason” and there are four commonalities between the stocks, Wood explains, they each have “deep domain expertise… brought in AI expertise… good distribution… [and] proprietary data.” The Citadel Professor Paul Meeks discusses what he’s worried about from Nvidia’s upcoming earnings. “I am worried that we have a repeat this quarter of what we had last quarter, where they also crushed the numbers and gave pretty good guidance… yet the stock took quite a pit,” Meeks explains. Video highlights: 00:00:27 - Why Ruben Roy believes Nvidia will see robust future quarters 00:00:59 - Why Cathie Wood’s flagship strategy doesn’t own Nvidia 00:02:24 - Paul Meeks’ worry for Nvidia stock | NVDA | NVIDIA Corporation | Technology | Semiconductors | -0.832212 |
Tue 21 Nov 2023, 09:00AM | Zacks Investment Ideas feature highlights: Vertiv, LegalZoom, Pinterest, Meta and Nvidia | Vertiv, LegalZoom, Pinterest, Meta and Nvidia are part of the Zacks Investment Ideas article. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -0.832212 |
Tue 21 Nov 2023, 09:00AM | Zacks Investment Ideas feature highlights: Vertiv, LegalZoom, Pinterest, Meta and Nvidia | Vertiv, LegalZoom, Pinterest, Meta and Nvidia are part of the Zacks Investment Ideas article. | META | Meta Platforms, Inc. | Communication Services | Internet Content & Information | -0.885297 |
Tue 21 Nov 2023, 09:00AM | Mastercard Leveraging AI To Tackle A $14 Billion Crypto Problem | Global payment processor Mastercard is partnering with tech company Feedazi to stop crypto scams and money laundering on crypto exchanges, CNBC reports. The technology is expected to "increase fraud detection by protecting unwary consumers, but will also detect potential money laundering activity ... | MA | Mastercard Incorporated | Financial Services | Credit Services | 1.167017 |
Tue 21 Nov 2023, 09:00AM | MGM Resorts International Chief Financial Officer to Speak at the Bank of America Leveraged Finance Conference | MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the Bank of America Leveraged Finance Conference on Tuesday, November 28, 2023. MGM Resorts CFO and Treasurer Jonathan Halkyard will speak at a session scheduled to begin at 3:30 p.m. EST. A live webcast of the session will be available under the Events & Presentation section of the MGM Investor Relations website at | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | -1.199203 |
Tue 21 Nov 2023, 08:51AM | US STOCKS-Wall St set to retreat ahead of Nvidia results, Fed minutes | U.S. stock indexes were on track for a lower open on Tuesday as investors stayed on the sidelines ahead of artificial intelligence chip leader Nvidia's quarterly report and the release of minutes from the Federal Reserve's recent meeting. A technology-fueled rally led the S&P 500 and the Nasdaq to register their highest closing level in over three months on Monday, as investors continued to bet that the Fed was at the end of its rate hiking cycle. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -0.832212 |
Tue 21 Nov 2023, 08:39AM | Set Up Favorable Risk-Reward Trade On Chevron Stock With This Option Strategy | Chevron is currently one of the most oversold stocks in the Dow Jones Industrials Index. Let's take a look at how we can use options to find a favorable risk-to-reward trade on the assumption that Chevron stock might move toward 155 higher in four weeks. A bullish diagonal spread is a trade that involves buying a call option and selling a shorter-term, out-of-the-money call option against it. | CVX | Chevron Corporation | Energy | Oil & Gas Integrated | -0.249308 |
Tue 21 Nov 2023, 08:38AM | Retailers and Nvidia Highlight Tuesday's Earnings | Today is the last busy day of the week ahead of the Thanksgiving holiday. So far what we've seen points to a challenging holiday shopping season, but a more precise picture will be had once we tally up all the results and guidance. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -0.832212 |
Tue 21 Nov 2023, 08:30AM | AIG Announces Early Results and Upsizing of Its Tender Offer for Debt Securities | NEW YORK, November 21, 2023--American International Group, Inc. (NYSE: AIG) today announced the early results of its previously announced tender offer (the "Tender Offer") to purchase for cash the notes and debentures of the series listed in the table below (collectively, the "Securities"). The Tender Offer was made pursuant to AIG’s Offer to Purchase, dated November 6, 2023 (the "Offer to Purchase"), which sets forth a more comprehensive description of the terms and conditions of the Tender Off | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 1.102997 |
Tue 21 Nov 2023, 08:30AM | Microsoft Hedges Its OpenAI Risk by Bringing Ousted CEO Sam Altman In-House | Lighter volume often can accentuate moves, so fading momentum or the current market trend is seldom a winning move. Over this past weekend, OpenAI, best known for its ChatGPT product, grabbed all the business headlines when its board of directors ousted co-founder and CEO Sam Altman. As to why he was removed, it is left to speculation because a broad-based reason was provided, but communication between Altman and the board appears to be the critical issue. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -1.366482 |
Tue 21 Nov 2023, 08:30AM | Splash Beverage Group’s Copa di Vino and Pulpoloco Sangrias to be Featured in AMPM’s Thorntons Convenience Stores | FORT LAUDERDALE, FL, Nov. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced that Thornton convenience store chain will be featuring Copa di Vino single serve premium wines and Pulpoloco Sangria in Illinois and surrounding areas. The launch will feature (4) varietals of Copa di Vino Premium Wine and (2) varietals of Pulpoloco Sangria. Bill Meisner, Splash Be | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 1.102997 |
Tue 21 Nov 2023, 08:17AM | UPDATE 1-Broadcom plans to close $69 billion VMWare deal on Wednesday | Broadcom said it planned to close its $69 billion acquisition of cloud computing firm VMWare on Wednesday, wrapping up one of the biggest takeover deals in the technology industry that was closely scrutinized by regulators globally. The chipmaker has now received all regulatory approvals for the purchase after China approved the acquisition with additional restrictive conditions earlier on Tuesday, it said. Some investors in the companies had feared about the outcome of the deal after reports said last month that rising Sino-U.S. tensions could lead China's regulator to scuttle the deal. | AVGO | Broadcom Inc. | Technology | Semiconductors | -1.133703 |
Tue 21 Nov 2023, 08:15AM | Is Rocket Lab Stock About to Take Flight? | The space economy is surrounded by a lot of hype. Companies like SpaceX and Amazon are investing billions of dollars to build businesses beyond planet Earth, with some analysts expecting the industry to hit a size of $1 trillion in 2030. Rocket Lab (NASDAQ: RKLB) is one of these ambitious space start-ups trying to propel the industry to new heights (pun intended). | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -1.655945 |
Tue 21 Nov 2023, 08:11AM | Horos Asset Management Exited Alphabet (GOOG) Following a Strong Performance | Horos Asset Management, an investment management firm, published its third quarter 2023 investor letter. A copy of the same can be downloaded here. In a short-term view, funds are up 8.7% in 2023 for Horos Value Internacional (versus a 10.9% rise of its benchmark index) and 9.0% for Horos Value Iberia (versus 16.2% for benchmark). Since […] | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | 0.543152 |
Tue 21 Nov 2023, 08:11AM | Horos Asset Management Exited Alphabet (GOOG) Following a Strong Performance | Horos Asset Management, an investment management firm, published its third quarter 2023 investor letter. A copy of the same can be downloaded here. In a short-term view, funds are up 8.7% in 2023 for Horos Value Internacional (versus a 10.9% rise of its benchmark index) and 9.0% for Horos Value Iberia (versus 16.2% for benchmark). Since […] | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | 0.442158 |