Brad Smith

    Host

    Brad Smith is an Anchor at Yahoo Finance, covering equity markets and general business news. Formerly he was an anchor at Cheddar, reporting from the New York Stock Exchange. His live reporting has spanned the Opening and Closing Bell, as well as topical shows that focused on: earnings, crypto, healthcare, DEI, and sports. Prior to that, Brad worked in Global Listings Services at Nasdaq. He is a Drexel University alum and during the extended hours, you can find Brad scoping out the latest sneakers, or playing drums, basketball, and/or golf.

  • Why 89% of Americans are feeling burnt out at their jobs: Aflac

    According to a report from Aflac, 89% of US workers feel "high levels of stress" at work. As inflation concerns continue and recent data from the April jobs report shows the yearly increase of wages was only 3.9%, the lowest since June 2021, Americans are feeling massive pressure. Aflac Chief Human Resources Officer Jeri Hawthorne sits down with Brad Smith on Wealth! to give insight into employee burnout and addressing the importance of mental health in the workplace. Hawthorne explains an interesting finding from the survey: "One of the things that we found was that more than half of the people that we surveyed, from the Aflac Workforces Report, said that they couldn't go one month without a paycheck. So when you look at inflation, when you look at the continuing rise of the price of services and goods, and you have people who can't go one month without a paycheck, that says to me that financial impacts and financial wellness are probably one of the biggest drivers of anxiety and concern for employees." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

  • Retirement tips, consumer spending, tech impact: Wealth!

    Wealth! host Brad Smith explores retirement planning, investment strategies, and the impact of technology on businesses and healthcare. As Americans face the reality of longer life expectancies, the conversation turns to retirement preparedness. Yahoo Finance contributor Ross Mac offers practical tips for saving for an extended retirement, while financial expert and author Maddy Dychtwald provides valuable insights on the importance of retirement savings, particularly for women. Shifting gears to consumer behavior, Bank of America Institute Senior Economist David Tinsley offers his perspective on consumer spending, discussing why he believes it has remained "soft but stable." Yahoo Finance's Julie Hyman also makes an appearance, breaking down the concept of fad stocks versus trend stocks and providing valuable investment tips. On the technology front, the healthcare network Ascension is grappling with the consequences of a cyberattack, and Yahoo Finance's health reporter Anjalee Khemlani joins the show to delve deeper into the situation. Meanwhile, Yahoo Finance Tech Editor Dan Howley explores how small businesses are leveraging the evolving tech landscape to improve their companies, highlighting the transformative power of technology. This post was written by Angel Smith

  • Why women should plan for the '100-year life': Expert

    According to a Bankrate survey, a staggering 47% of adults believe that money has a negative impact on their mental health, with 51% of those respondents being women. To delve deeper into this issue, Maddy Dychtwald, financial expert and author of Ageless Aging, joins Wealth! alongside Yahoo Finance's Kerry Hannon. Dychtwald highlights the potential consequences of financial stress, emphasizing that money issues can lead to anxiety, which manifests in various physical health effects. She notes that this appears to be "even worse for women than it is for men." Addressing the challenges faced by women, Dychtwald recommends adopting a long-term perspective and "planning for the 100-year life." She encourages women to ensure that their finances can sustain them throughout their golden years. Furthermore, Dychtwald emphasizes the need for women to gain financial knowledge and develop skills in managing their finances effectively. We need "to build our financial confidence," she tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

  • Retail sales data shows consumer spending normalizing: NRF

    According to the National Retail Federation (NRF), as captured by Affinity Solutions, retail sales grew modestly in April amid overall weakened consumer spending. NRF Vice President of Industry and Consumer Insights Katherine Cullen joins Wealth! to discuss the state of the consumer as inflation remains relatively high. Cullen notes that consumer spending is normalizing as shoppers across income spectrums face "shifts in their spending patterns." "They're really prioritizing what's important to them. And as we expected, we're seeing a moderated level of spending on goods, though still above what we saw last year," she explains, adding that the retail industry is on track to achieve between 2.5% and 3.5% growth year over year. As inflation continues to put pressure on wallets, consumers are prioritizing value. Cullen says that more consumers are choosing to swap out some private-label brands for discounted versions and pull back on dining out. She believes consumer spending will continue as wages keep up with inflation. Cullen adds that the sporting, home, and gardening sectors are strengthening ahead of the summer season. "This is a consumer that still feels comfortable, still feels somewhat confident in their own job security, and feels a level of comfortability continuing to spend," Cullen tells Brad Smith. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl

  • How small businesses are finding success despite headwinds

    Small businesses have been hit by many economic challenges, from inflation to high interest rates and supply chain issues. Yahoo Finance Anchor Brad Smith breaks down this week's coverage of Small Business: Big Opportunities to help Americans understand what to consider when approaching the small business sector. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

  • The technology empowering small businesses

    As big tech companies roll out more advancements in tech and AI, the opportunities for small businesses to utilize this tech to their advantage grow as well. These advancements can help with a range of topics like recruitment, social media presence, and more. Yahoo Finance Tech Editor Dan Howley joins Wealth! as part of the Small Business: Big Opportunities series to break down all the different ways new tech has helped small businesses. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

  • Consumer spending is 'soft but stable': Economist

    According to a Bank of America report, total card spending in American households witnessed a 1% year-over-year increase in April, surpassing the 0.3% growth observed in March. To shed light on this consumer spending trend, Bank of America Institute Senior Economist David Tinsley joins Wealth! Tinsley characterizes the consumer spending momentum as "soft but stable." Notably, he highlights that low-income consumers continue to spend actively despite the inflationary environment, sometimes even outpacing higher-income consumers. The economist emphasizes that at the lower end of the wage and salary spectrum, growth remains robust at around 4% year-over-year. "The labor market has been very beneficial to the lower end over the last few years," Tinsley says, potentially fueling the continued spending. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

  • 76% of Americans feel it's a bad time to buy a house: Gallup

    Mortgage rates ticked lower for the first time since March this week, although the 30-year fixed mortgage rate still sits above 7%. Meanwhile, according to a Gallup Poll, 76% of Americans feel it is a bad time to buy a home. Yahoo Finance Personal Finance Reporter Rebecca Chen joins Wealth! to break down the latest developments for American homebuyers in the current mortgage rate environment. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

  • The real impact of cyberattacks on major healthcare systems

    Nonprofit healthcare network Ascension was hit with a cyberattack earlier this week, causing a number of disruptions to its services, from appointment scheduling issues to ambulance diversions. Yahoo Finance's Anjalee Khemlani reports on the dangers of cyberattacks on major healthcare systems. The Ascension cyberattack was just one of many cyberattacks hitting healthcare networks in the last year. When a cyberattack occurs, companies are legally required to notify patients if their health records are impacted. Healthcare is one of the most vulnerable sectors from a cybersecurity standpoint, as providers collect and store sensitive personal information. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl

  • Fad stocks vs. trend stocks: Explained

    Are you considering venturing into the stock market? You may want to be cautious about fad and trend stock investments. Fad stocks are often characterized by a sudden surge in popularity driven by hype, creating short-term stock gains. Trend stocks, on the other hand, represent companies that benefit from long-term shifts in consumer preferences, such as Airbnb (ABNB). Yahoo Finance's Julie Hyman delves into the stock action of various companies, including Uber (UBER), Roblox (RBLX), and Beyond Meat (BYND). She discusses the concept of fad stocks versus trend stocks, helping investors navigate the market when debating these types of investments. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

  • Novavax-Sanofi vaccine deal, Yelp and Sweetgreen earnings: Morning Brief

    On today's episode of The Morning Brief, Hosts Seana Smith and Brad Smith break down some of the biggest news affecting the market (^DJI, ^IXIC, ^GSPC). President Biden is reportedly set to release a new wave of tariffs targeting China in critical sectors, including electric vehicles, semiconductors, and solar equipment. Novavax (NVAX) shares skyrocket following the announcement of a $1.2 billion deal with Sanofi (SNY) to commercialize its combined COVID-19 and flu shot. Restaurant and business review platform Yelp (YELP) misses first-quarter earnings estimates as US consumer spending remains relatively weak. Taiwan Semiconductor (TSM) sales jumped nearly 60% year-over-year as the artificial intelligence race heats up and demand for chips rises. Wedbush Securities Managing Director Dan Ives joins Yahoo Finance to discuss "the fourth Industrial Revolution" in AI and Apple's (AAPL) position among other Big Tech competitors. Sweetgreen (SG) shares soar after topping first-quarter revenue expectations and raising its full-year guidance. CEO Jonathan Neman joins to discuss the company's plans moving forward. This post was written by Melanie Riehl

  • OpenAI could launch new AI search engine on Monday: Reuters

    OpenAI may potentially unveil its new AI-powered search engine as soon as Monday, Reuters reports. Questions about how the new platform could compete with Google's (GOOG, GOOGL) search engine are growing. Yahoo Finance Tech Editor Dan Howley joins Catalysts to break down the latest report regarding OpenAI. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino

  • Taiwan Semiconductor sales jump nearly 60% YoY on AI demand

    Taiwan Semiconductor Manufacturing Company (TSM) shares are rising after the company reported that its sales jumped nearly 60% year over year. Yahoo Finance Tech Editor Dan Howley joins The Morning Brief to discuss the company's position in the AI chip race. The rising demand for chips built for artificial intelligence largely drove Taiwan Semiconductor's sales last quarter. The company also produces smartphone chips, but AI chips took the lead as demand slumped. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl

  • Apple is catching up with the AI revolution: Dan Ives

    As Big Tech companies reported earnings, they also revealed a massive wave of planned spending on AI projects and infrastructure. Some companies like Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) have pulled ahead, while others, like Apple (AAPL), have faced mounting challenges. Wedbush Securities Managing Director Dan Ives joins The Morning Brief to discuss what he calls "the fourth industrial revolution" in AI and Apple's advances on the front. Ives states that Apple's annual Worldwide Developers Conference will be paramount for Apple: "I think it's probably the most important event for Apple that we've seen potentially in a decade because this is going to be [CEO Tim] Cook laying out the AI strategy on the services side for developers, what I believe is really the start of an AI app store in terms of how that's going to morph and then its proprietary AI technology in iPhone 16, which will launch in September." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

  • Sweetgreen stock soars on 26% jump in Q1 revenue

    Shares of Sweetgreen (SG) are soaring on Friday, following the company's first quarter results, which beat revenue expectations. Sweetgreen also raised its full-year guidance, further boosting the stock in today's trade. Sweetgreen CEO Jonathan Neman joins the Morning Brief to discuss the company's plans moving forward. Neman commends the company's "very strong quarter," attributing the success to the consumer's resilience. However, on the operations front, the company grappled with a loss; Neman remains optimistic, stating, "There's a lot of leverage in the business." He hopes the company can overcome this loss and capitalize on the current momentum. Neman also shares insights into the company's improvements and expansions, including new product offerings and the implementation of advanced technology to enhance productivity and efficiency across locations. Additionally, he outlines Sweetgreen's plans for achieving profitability. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • Yelp stock reacts to weak Q2 guidance, consumer trends

    Restaurant and business review platform Yelp (YELP) missed first-quarter estimates on the top and bottom lines, despite reporting a 7% rise in revenue year-over-year. The stock is ticking down on its weak second-quarter forecast. Morning Brief Co-Hosts Seana Smith and Brad Smith comment on what Yelp's performance indicates about US consumer spending. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Novavax shares skyrocket on $1.2 billion Sanofi vaccine deal

    Novavax (NVAX) shares are skyrocketing after announcing a $1.2 billion deal with Sanofi (SNY) to commercialize a combined COVID-19 and flu shot. Yahoo Finance's Anjalee Khemlani joins The Morning Brief to report more on the story. The Novavax-Sanofi deal also includes co-commercialization of the COVID-19 vaccine currently on the market. Novavax will be entitled to an additional $200 million for any new vaccines involving its adjuvant. Sanofi will receive a minority stake of less than 5% in Novavax and will invest $70 million. Shares of Novavax jumped more than 120% following the news. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl

  • Stocks open higher, Dow and utilities sector rally further

    The market averages (^DJI, ^IXIC, ^GSPC) open Friday's session higher as all three of the US indexes seek to close the week out in the green. The Dow Jones Industrial Average is roaring to continue its rally to an eight day win streak. Yahoo Finance Senior Markets Reporter Jared Blikre joins Morning Brief Anchors Seana Smith and Brad Smith in their analysis of sector leaders, including gains seen in utilities (XLU). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Biden to unveil China tariffs targeting EVs, semiconductors

    President Biden is reportedly set to release a new wave of tariffs targeting China in critical sectors, including electric vehicles, semiconductors, and solar equipment. Yahoo Finance's Rick Newman and Pras Subramanian break down the details of this decision, providing insights into the objectives behind these tariffs and their potential implications for EV automakers. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • SoundHound AI stock jumps after raising 2024 revenue outlook

    Shares of SoundHound AI (SOUN) are jumping Friday morning in pre-market trading as the company boosted its full-year revenue outlook for 2024. The artificial intelligence voice and speech recognition developer posted first-quarter revenue $11.6 million, a growth of 73% while closing the quarter with $226 Million in cash. Morning Brief Anchors Brad Smith and Seana Smith break down the latest development for SoundHound AI and analyst commentary around the AI stock. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino