Jared Blikre

    Got charts? Jared Blikre produces all of finance all the time. In his spare time, he writes and talks about trading, markets and the Fed.

  • Oil prices top $80 per barrel on latest inflation data

    Oil (BZ=F, CL=F) prices rose above $80 per barrel on Thursday, the highest peak since late 2023. The increase comes as inflation expectations track crude oil prices, and as the International Energy Agency (IEA) forecasts a supply deficit for 2024. Yahoo Finance's Jared Blikre joins the Live show to break down the latest developments. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Stock market indexes close lower, most sectors seeing red

    US stock market indices (^DJI, ^IXIC, ^GSPC) all have an off-day, closing Thursday's session lower. The Russell 2000 (^RUT) small-cap index also falls Yahoo Finance's Julie Hyman and Jared Blikre explain the market activity and sector action recorded throughout the day. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • The top priorities for returning Under Armour CEO Kevin Plank

    Shares of Under Armour (UA,UAA) are trading lower as the company announced that previous CEO Kevin Plank, who stepped down in 2019, will once again take up the mantle of chief executive. He will replace current CEO Stephanie Linnartz, ending her three-year turnaround plan. Questions around what Plank can do to turn around what is perceived by some to be, in part, the mess he made, now arise. Morningstar Equity Analyst David Swartz joins Yahoo Finance to discuss the change in leadership, the challenges the company faces in the market, and what Plank needs to do to turn things around for the sports apparel brand. Swartz elaborates on what the top priority for Plank should be: "I think the number one top priority has to be to try to build the brand into something a little bit stronger than it is today. That could be done through differentiation of product by channel. Right now, Under Armour does not do a very good job at all of differentiating its products so that the stuff that Under Armour sells at Kohl's (KSS) is not that much different than what it sells at a store like Dick's Sporting Goods (DKS). And Under Armour needs to have stronger products, especially in footwear." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Paramount sells Viacom18 stake to Reliance Industries

    Paramount Global (PARA) is selling its 13% stake in Indian broadcasting unit Viacom18 to Reliance Industries (RELIANCE.NS) Yahoo Finance Entertainment Reporter Alexandra Canal details the M&A outlook for Paramount and its place in the streaming space. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Fast-casual dining sector exhibits 'strong momentum': Analyst

    As consumers become increasingly cost-conscious and look to limit their spending on dining out, fast-casual dining chains like Chipotle (CMG) continue to record robust performance. Citi Director and Restaurant Analyst Jon Tower joins Yahoo Finance Live to discuss why he believes the fast-casual dining sector is a strong investment opportunity. Tower describes fast-casual dining stocks as having "fairly strong momentum," offering high-quality food at affordable prices. He notes that their growth and opportunity in the US and internationally are in their "infancy," attracting a younger and wealthier demographic that will continue to boost growth. Specifically, Tower highlights YUM! Brands (YUM) as "unique," citing their expansions, global reach, and adoption of digitization across franchisees. Addressing pricing strategies for these restaurant chains, Tower explains that their price pressures mainly come from food and labor costs. He notes that both food and labor inflation have decreased significantly in recent years. However, with regions like California implementing wage increases, Tower acknowledges that "brands will have to price to offset that."  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • Marlboro maker Altria to sell over $2B in AB InBev stock

    Altria Group (MO) — the parent company of Marlboro cigarettes — is selling over $2 billion worth of Anheuser-Busch InBev (BUD) stock from its stake in the beer company. AB InBev plans to buy back up to $200 million of these shares. Yahoo Finance Live monitors the stock performance of the Bud Light parent company following this news. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Robinhood stock surges on Outperform rating, trading volumes

    Share of trading platform Robinhood Markets (HOOD) surged on Thursday due to a couple of upbeat headlines. The first is better-than-expected trading volumes in February. Robinhood reported an increase in trading volumes across all asset classes compared to January 2024. The company also reported assets under custody of $118.7 billion, up 16% from January. As CEO Vlad Tenev told Yahoo Finance, given the size of Robinhood's crypto trading business, "when the crypto markets see a lot of excitement, we benefit from that." Bernstein also initiated coverage of Robinhood with an Outperform rating and a $30 price target. In a note, analysts say they expect to see "a monster of a crypto cycle over 2024-25," which Robinhood stands to benefit from. The move comes as bitcoin (BTC-USD) hits record highs.  Yahoo Finance's Seana Smith and Jared Blikre discuss the reports in the video above. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.

  • Reddit IPO: Offering has 'meme stock' potential

    As investors await the highly anticipated Reddit IPO, some are expressing concerns about the stock's potential performance. Headline Venture Partner Kamran Ansari joins Yahoo Finance Live to share his outlook on the IPO. Ansari suggests that "the story's been told" when it comes to Reddit's stock, as the company expects 20% sales growth, which he believes will do "not a lot" to stimulate investor appetite. However, he notes that Reddit has been priced attractively, likely to "create appetite for the IPO" and leave room for some upside. Highlighting Reddit's unique characteristics, Ansari describes it as "a throwback site," with its user interface and design resembling a platform for discussion. He points out an "unusual" aspect of the IPO: Reddit is offering its daily users, or "Redditors," 8% of the stock without a lockup period. This move could potentially create increased volatility in the stock and force Reddit to become "a meme stock," Ansari explains. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • Nvidia to showcase new Blackwell GPU at GTC event

    Nvidia's 2024 GTC (GPU Technology Conference) kicks off on Sunday, March 17, where the chip company (NVDA) will showcase its newest tech including the RTX 50-series "Blackwell" GB203 and new GB205 GPUs. While Nvidia's stock has fallen over several trading days, Webush analysts raised their price target on its stock from $850 to $1,000 per share. Matt Bryson, Wedbush Securities Senior Vice President for Equity Research on Hardware, joins Yahoo Finance on the bigger semiconductor picture for Nvidia and several of its top competitors, such as Intel (INTC) and Advanced Micro Devices (AMD). "There's demand for more than just Nvidia. Having said that, I think that Nvidia and bringing the cadence of its products to market faster is certainly doing its best to maintain its share lead," Bryson comments. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Nvidia event sparks investor frenzy, 'big focus' on new chip

    Nvidia (NVDA) is set to host its 2024 annual developer conference, and investors are eagerly anticipating the event for signs of how the company will sustain and potentially accelerate its rapid growth. Chief Investment Officer at Tigress Financial Partners Ivan Feinseth joins Yahoo Finance Live to share his insights. Feinseth highlights the immense anticipation surrounding the conference, stating, "The only person right now who could pack more people into an event other than Jensen Huang is Taylor Swift." The event has attracted thousands of attendees, with the "big focus" being Nvidia's product announcements. Feinseth notes that whenever competition seems to be catching up with Nvidia, "they just blast forward and ahead." He emphasizes that Nvidia continues to "lead on everything," from reliability to software integration— positioning the company as a "core holding" in the AI sector. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • SpaceX launches third Starship rocket attempt

    SpaceX has launched another Starship rocket on Thursday morning from its facility in Texas. The nearly 400-foot-tall rocket marks the company's third test flight of the Starship spacecraft, which is designed for eventual missions to the Moon and Mars. The previous two test launches of the Starship prototype were unsuccessful, ending in explosions. Yahoo Finance's Seana Smith and Jared Blikre break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • Fisker stock plunges on reports of potential bankruptcy filing: WSJ

    EV maker Fisker (FSR) could be reporting for bankruptcy soon, according to the Wall Street Journal. Fisker's stock has plunged by over 50% Thursday morning. Yahoo Finance Live reports on the automaker's performance and recent woes. Yahoo Finance Reporter Pras Subramanian joins the Live show to break down the latest development for Fisker and what it could mean for the company moving forward For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Dick's Sporting Goods stock jumps on Q4 sales, raises dividend

    Shares of Dick's Sporting Goods (DKS) are trading higher Thursday morning after the company posted its fourth quarter earnings, revealing an increase in same-store sales by 2.8% year over year. The report also showed revenue for the quarter was $3.88 billion, beating expectations of $3.8 billion. The retailer announced it would raise its dividend by 10% to $1.10 per share.  Yahoo Finance Anchors Seana Smith and Jared Blikre break down the latest developments for Dick's Sporting Goods and what they could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Drop in jobless claims points to a continued rally: Strategist

    US Equities (^GSPC, ^DJI, ^IXIC) have experienced a historic run, with the S&P 500 seeing multiple weeks of gains. However, February's Producer Price Index (PPI) reading revealed a 0.6% increase in wholesale prices. Carson Group Chief Market Strategist Ryan Detrick joins Yahoo Finance to discuss the latest PPI data and his perceptions of the market's strength. Detrick signals that initial weekly jobless claims are useful indicators of the economy's robust performance: "What caught me this morning though, we're still bullish, maybe a little pause would be normal, yes inflation is a little hotter, maybe you could argue the retail numbers are a tad weak, but look at claims. 209,000, I mean just quietly -- you hear about the layoffs, yet there's no spike in initial claims. The consumer is still strong, wages are still strong...but overall this backdrop is still there, its a strong economy, and still a bull market. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Disney: Who could succeed Bob Iger as CEO?

    Disney (DIS) CEO Bob Iger's contract as chief executive expires in 2026, to which Iger promised he would certainly step down and hand the reins over to a new face. Yahoo Finance Entertainment Reporter Alexandra Canal lists off the internal candidates from within Disney and its subsidiaries that have been thrown around as Iger's potential successor and their visions for Disney's streaming and media strategies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • EU probe into Alibaba, Tesla, SentinelOne: Trending Tickers

    European Union (EU) regulators are opening a probe into Alibaba's (BABA) Ali Express marketplace under its new Digital Services Act. UBS analysts slash Tesla's (TSLA) price target to $165 per share. Cybersecurity firm SentinelOne (S) shares move lower after reporting earnings that included narrower-than-expected losses per share. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Dollar General stock moves up on Q4 same-store sales

    Shares of Dollar General (DG) are trading slightly higher as the company posted its fourth-quarter report, revealing an improvement in same-store sales by 0.7%. In addition, the company forecasted first-quarter same-store sales that were higher than expected. The company beat revenue expectations posting $9.86 billion in revenue for the quarter against an expected $9.78 billion. Yahoo Finance Anchors Seana Smith and Jared Blikre break down the latest development for Dollar General and what it could mean for the discount retailer moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Under Armour founder Kevin Plank back as CEO, has 'a lot to prove'

    Under Armour (UA, UAA) has announced a leadership shake-up: founder Kevin Plank has reassumed the position of Chief Executive Officer, replacing Stephanie Linnartz, who occupied the role for only a year. Yahoo Finance Executive Editor Brian Sozzi breaks down the market reaction and provides insight into Plank's operational mishaps during his tenure as CEO. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • Fed rate cuts in June are 'overly optimistic': Economist

    Economic data released Thursday morning — including February's Producer Price Index (PPI) and US retail sales — came out hotter than expected, showing that stickiness in inflation persists. Stifel Chief Economist Lindsey Piegza joins Yahoo Finance Live to discuss what these readings mean for the future of the Federal Reserve's interest rate cuts. Piegza states that these prints will make it "hard for the Fed to justify a near-term rate reduction." She believes the Federal Reserve will wait until the second half of the year "to initiate a change in [monetary] policy." With investors anticipating a rate cut in June, Piegza considers this prediction "overly optimistic" given the elevated inflation data that has been released. Piegza suggests that the Fed "stopped short" of where rate hikes should have initially occurred, saying "they are allowing inflation to become fully entrenched the longer they sit on the sidelines." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • TikTok's source code is the 'golden jewel' buyers won't get: Analyst

    The House of Representatives voted 352 to 65 in favor of a bill potentially banning TikTok from US markets if its parent company, Bytedance, fails to divest US assets within six months. Former Treasury Secretary Mnuchin announced on CNBC Thursday morning that he is building an investment group to buy the social media video app.  Wedbush Securities Managing Director Dan Ives joins Yahoo Finance to discuss the vote from the House and the challenges involved with acquiring it. Ives outlines the initial barrier for interested TikTok buyers: "The issue is, we only think there's a 25% chance that this legislation actually gets done, in terms of being approved through the Senate. It's a slippery slope. At the end of the day, no one is going to buy TikTok without the actual code and source and algorithms, and that's the whole issue here. China and Bytedance are not going to do that. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino