Diane King Hall

    Anchor

  • Can Magnificent 7 stocks sustain market dominance in 2024?

    The Magnificent Seven stocks — Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA) — dominated the tech landscape in 2023, and Constellation Research Founder and Principal Analyst R "Ray" Wang believes they could "definitely" continue leading into 2024 after driving two-thirds of the S&P 500's (^GSPC) gains. Wang attributes their outperformance to AI, digital networks, and unmatched revenue growth. These core strengths with wide enterprise adoption position them to maintain index sway. Beyond the Magnificent Seven, Wang highlighted other names like Oracle (ORCL) and ServiceNow (NOW) also poised to "benefit from the AI boom." Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.

  • Peloton, Carvana, Wayfair, Chewy: Post-pandemic outlook

    Former pandemic darlings including Peloton (PTON), Carvana (CVNA), Wayfair (W), and Chewy (CHWY) have seen a fall-from-grace—all seeing falling share prices. Yahoo Finance’s Diane King Hall and Rachelle Akuffo join Yahoo Finance Live to weigh in on these companies’ business models in a post-Covid world. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • AI fears will be found to be 'overblown' in 2024: Appian CEO

    Artificial intelligence took the world — and news headlines — by storm in 2023. As tech companies and hardware developers pivot harder into the rising popularity of AI, what will this all mean for AI regulation to come in 2024, especially in cases such as the New York Times' (NYT) copyright lawsuit against Microsoft (MSFT) and OpenAI? Appian (APPN) CEO Matt Calkins comments on the shift in corporate discourse surrounding AI expected to come in 2024, while addressing certain fears still lingering around artificial intelligence. "AI didn't take our job in 2023, it's not going to take it in 2024 either. It's going to make us stronger at doing our work, it's going to empower us to do more," Calkins tells Yahoo Finance. "AI is going to be a tool that we can use to... be faster, to be better at synthesis, to be more effective and faster and understand our data better than we understood it in the past." Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.

  • OpenAI vs. Baidu: AI battle of the bots

    Baidu (BIDU) reported that its AI chatbot, Ernie, topped over 100 million users, causing shares of the company to trend upwards. Baidu's chatbot is a part of a larger play to expand its AI presence. Meanwhile, popular OpenAI bot ChatGPT (MSFT) has faced a lawsuit from the New York Times, alleging that the bot uses direct material from the NYT to answer questions. Yahoo Finance Anchors Diane King Hall and Rachelle Akuffo break down the latest developments for these companies and what it means moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • What the fallout from Fed rate cuts could be in 2024

    As the final trading day for 2023 commences, Wall Street is looking forward to 2024 when many believe the Federal Reserve will begin to cut interest rates. What could the fallout look like if the Fed begins to cut too early or too many times in this economic environment? Unlimited Co-Founder, CEO, and CIO Bob Elliott joins Yahoo Finance to give insight into the Fed's looming rate decisions and the impacts they could have on the overall stock market. "Any time the Fed quickly cuts interest rates is a time you don't want to be holding stocks, and so I think there's a real disconnect between what we see priced in the stock market and what we see priced into the bond market right now," Elliott says on equities. "Stocks are pushing new highs, reflecting the fact there's a strong set of liquidity conditions and the fall in long-end rates is actually on the margin stimulative to the US economy." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • What it will take to keep the S&P 500 rally going

    The Magnificent Seven stole the show in 2023—leading the rally and pulling the S&P (^GSPC) higher by more than 23%. This rally could continue, but the other 493 would have to catch up says Evans May Wealth Managing Partner Brooke May. May states “we think there is some opportunity there, as we’ve seen the breadth of the market improve, meaning more names participating, we think that’s going to give the market another leg up.” May sees “really good deals and values,” including Charles Schwab (SCHW). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • GasBuddy anticipates gas prices of $3.38 a gallon in 2024

    GasBuddy's 2024 fuel forecast calls for an average national gas price of $3.38 for the year, with an estimated annual household spend of $2,407 on gasoline. This outlook marks a calmer scenario compared to 2023's price surges and record pain at the pump. However, geopolitical tensions, market volatility, and other variables could easily disrupt global energy flows and pricing. Yahoo Finance's Diane King Hall and Rachelle Akuffo discuss these predictions, providing insights into the growing demand for EV adoption to offset fuel costs. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Fmr. Fed president explains why the Fed should remain on pause

    The Federal Reserve is maintaining a policy of keeping rates higher for longer. With inflation cooling, many on Wall Street now think the Fed will start rate cuts as early as May 2024. Former Kansas City Fed President Esther George joins Yahoo Finance to weigh in on the Fed's policies and the outlook for inflation going forward. George comments on the potential of the Fed's next move: "As we've seen, coming out of that last FOMC meeting, there was a tremendous response of anticipating rate cuts and I think the caution for me, is that the Fed is not at its 2% target. They are being mindful that they may be able to back off of some of these interest rates once they become fully convinced, but, right now, this is a forecast of inflation continuing to fall." Watch the video above to find out why George says why it would "serve the Fed well" to keep watching the data. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • JPMorgan now valued more than BofA, Citi combined: BBG

    JPMorgan Chase & Co. (JPM) is now worth more than competitors Bank of America (BAC) and Citibank (C) combined after 2023 consolidations and shakeups in the regional banking sector, according to a Bloomberg report. Yahoo Finance Senior Reporter David Hollerith joins the Live show to summarize the state of the financial sector (XLF) and the outlook and challenges for these major banks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • NYSE president Lynn Martin on her journey from tech to high finance

    Lynn Martin's road to becoming the leader of the New York Stock Exchange was far from certain. It all started with a 1980s home computer and an interest in technology.

  • Keeping the New York Stock Exchange human in the digital age

    For 231 years, investors have been trading on what is now known as Wall Street. The iconic New York Stock Exchange has survived through the Civil War and the September 11th attacks. The person who navigated the exchange through the most recent challenge, the Covid-19 pandemic is NYSE President Lynn Martin. In the latest episode of Yahoo Finance's Lead This Way, she conveys how communication and empowering customers is at the core of her leadership style. Martin, who became the NYSE President in September of 2022 is the second woman to fill that role in the institution’s long history. Coming from a tech background, she says that she is a data driven person and relies on numbers to tell her story. Having led the NYSE through the challenges of the Covid-19 pandemic, she stresses that open communication is key to any successful enterprise. NYSE and its parent organization Intercontinental Exchange (ICE), host 2400 listed companies. Martin sees her primary job as providing these companies the tools to grow their businesses, amplifying what she describes as the “tremendous power of our community.” Martin gives Yahoo Finance Correspondent Diane King Hall an overview of how the 231 year old exchange functions behind the scenes and how her leadership skills are rooted in communication and challenging her employees to think “out of the box”. She iterates, “I like to throw ideas out there. A lot of times I throw them out there for reactions…I want people to push back.” Beginning her career as a programmer at IBM, Martin did not envision herself as leading such a historic institution as the New York Stock Exchange. But now she seeks to encourage and inspire younger generations, saying, “I took a non-linear career path to this job. You could too.” She goes on to say, “I'm not about just operating today's New York Stock Exchange. I wanna build the New York Stock Exchange for the next 10 years from now, for 25 years from now, for the next 231 years. And I challenge my management team to do that every day.” Lead This Way is a new series that features big interviews with the business leaders shaping our world today. In these one-on-one conversations, we reveal how their approach to leadership helped them become Wall Street titans.For more on our Lead This Way Series, click here, and tune in to Yahoo Finance every Thursday at 3 p.m. ET.

  • Financial planning tips for consumers ahead of 2024

    Despite upbeat consumer confidence data, Wells Fargo Head of Advice & Planning Michael Liersch cautions that uncertainty persists entering 2024 surrounding financial planning. He notes there to be "optimism for the future, [while] also preparing for the worst." With the new year following a typically expensive holiday stretch, Liersch tells Yahoo Finance that consumers should consider what spending levels they feel like they can "sustainably afford to spend" rather than overextending. As people often overspend on gifts at the cost of financial goals, Liersch suggests tempering discretionary purchases in 2024 to promote stability. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • WBD, Paramount merger talks: Why debt could be an issue

    According to a report from Axios, Warner Bros. Discovery CEO David Zaslav (WBD) met with Paramount Global CEO Bob Bakish (PARA) on Tuesday about a potential merger between the two media giants. Zaslav has also spoken to Shari Redstone, who owns Paramount's parent company, about a potential deal. It was widely expected that Paramount may do some sort of deal, with Wells Fargo upgrading the company's shares on Wednesday on that prospect.  William Cohan, Puck News Founding Partner, joins Yahoo Finance to discuss what a potential deal would look like between both companies and what the aftermath might look like. Cohan says if the two companies were to merge, they would create a "behemoth with an awful lot of debt. There's no question about it" In terms of how easy or difficult it might be for a deal Cohan says: "It wouldn't be hard for, say, Apple (AAPL) to buy Paramount. It would be a chip shot. For Warner Bros. Discovery, with its $43 billion in debt, and Paramount's $15 billion in debt, and the overlap in terms of business lines, it's going to be difficult, strategically and regulatorily, to get this through. But David Zaslav is nothing if not ambitious. He clearly doesn't think he's done yet in Hollywood. He wants more in Hollywood." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Home sales seeing 'seasonal uptick' as mortgage rates slip

    US existing home sales rose by 0.8% for November as mortgage rates slip back below 7%. ResiClub Co-Founder and CEO Lance Lambert comments on the outlook for home sales if mortgage rates continue to slide lower. "The question is how much can that number really move up with affordability still being strained and there still being some type of lock-in effect in the market," Lambert tells Yahoo Finance. "It does feel like the worst could potentially be behind us for existing home sales and that volumes will hopefully start to move up." Lambert also discusses on the relation between mortgage rates and Treasury yields if the Federal Reserve were to enact interest rate cuts in 2024. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • How attacks in the Red Sea endanger the global economy

    As the situation in the Red Sea gets worse, US Defense Secretary Lloyd Austin announced a coalition of 10 countries to focus on security in the area. Since trade through the Red Sea accounts for 10% of total global trade, disruption in the area may cause prices for certain goods, globally, to increase. Craig Fuller, FreightWaves CEO, joins Yahoo Finance to give insight into the situation and what it could mean for the global economy and potentially, global stability. Fuller breaks down potential fallout: "We're in a whole new world and supply chains are those front lines. Civilian vessels have been largely unaffected in terms of moving global trade for the past 30 years. If this continues to become a bigger issue, it's going to change their reconfiguration of global supply chains. Really... the country that's going to be most impacted by this is frankly China, because they're so dependent on global trade that they need peaceful trade lanes to move their products." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Why gas prices may tick higher ahead of the holidays

    As part of Yahoo Finance's 2024 Investor Guide, Patrick De Haan, Head of Petroleum Analysis at GasBuddy, joined Yahoo Finance Live to discuss how geopolitical tensions and other factors may impact oil and gas prices looking ahead. De Haan notes that while gas prices have declined for 13 straight weeks recently, it may be coming to an end. De Haan points out that oil prices have been rising due to attacks disrupting Red Sea shipments and how the Federal Reserve hints at potential 2024 rate cuts helped nudge oil and gas prices a bit higher in the near-term on hopes for rebounding demand. Looking to 2024, De Haan says a lot of volatility in energy markets right now sets an "expect the unexpected" tone given shaky geopolitics and policy moves that can rapidly shift prices overnight. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Warner Bros. Discovery, Paramount in talks to to merge: Axios

    Warner Bros. Discovery (WBD) CEO David Zaslav has met with Paramount Global (PARA) CEO Bob Bakish about a potential merger, according to a report from Axios. The report says that in addition to Bakish, Zaslav also met with Shari Redstone, who heads Paramount's parent company. Yahoo Finance Live breaks down the report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Crypto riding 'perfect storm' of tailwinds heading into 2024

    Bitcoin (BTC-USD) shoots above $43,000 on Wednesday while US regulators continue to have conversations centered around the crypto space. Fundstrat Global Advisors VP of Digital Asset Strategy Sean Farrell outlines what the Federal Reserve's expected monetary policy in 2024 could mean for cryptocurrencies and the likelihood of the Securities and Exchange Commission (SEC) approving a spot bitcoin ETF. "We have obviously... an ETF approval that is anticipated to come within a few weeks, which... I think should bring in a new cohort of investors into the fold, increase flows into digital assets," Farrell says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • FedEx, Alphabet, Paramount: Trending tickers

    FedEx (FDX) shares fell by 11% after cutting its full-year revenue forecast and reporting a profit miss for the second quarter. FedEx attributes the decline to customers shifting to cheaper services. Meanwhile, Alphabet (GOOGL, GOOG) shares are trending after The Information reports that Google is going to restructure its ad sales unit amid a shift to AI and automation. Paramount (PARA) was upgraded to "Equal Weight" by Wells Fargo, which cited M&A prospects in 2024. Yahoo Finance's Diane King Hall and Josh Lipton take a close look at Wednesday's trending tickers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • US consumer confidence rises to 5-month high in December

    December's US consumer confidence reading rises to 110.7, a five-month high. Yahoo Finance's Josh Schafer joins the Live show to talk about how this print is reflected in consumer habits, jobs data, and even sentiment toward gas prices (RB=F). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.