Julie Hyman

    Host

    Julie Hyman hosts the 3-5 p.m. ET show on Yahoo Finance Live. Julie has been a financial journalist for more than 20 years, covering events including the Great Financial Crisis, the collapse of drugmaker Valeant and the rise of meme stocks. She has interviewed newsmakers as varied as Commerce Secretary Gina Raimondo, Verizon CEO Hans Vestberg, NBA star Kevin Love and Vista Equity Partners Founder & CEO Robert Smith. Her reporting has taken her from the floor of the New York Stock Exchange to the Labor Department, Walmart's annual meeting in Arkansas to pig farms in Iowa. Before joining Yahoo Finance in 2018, Julie worked at Bloomberg Television in roles including senior markets correspondent, anchor and retail reporter. She originally joined Bloomberg in its Paris bureau, reporting on European stocks. Julie began her career at the Washington Times. She grew up outside Baltimore and attended Randolph-Macon College. She lives in New Jersey with her husband and two sons.

  • Big bank earnings, Fedspeak: What to watch

    As the trading day comes to a close, Julie Hyman and Josh Lipton highlight the key events and data to watch on Friday, April 12th, 2024. The earnings season is now underway, with several financial services companies — among them JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) — set to report. On the economic data front, the highly anticipated Consumer Sentiment report for April is scheduled for release. Additionally, investors will be tuning in to commentary from two Federal Reserve officials — Atlanta Federal Reserve President Raphael Bostic and San Francisco Federal Reserve President Mary Daly. Their remarks will provide valuable insights into the central bank's outlook on potential rate cuts. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • Do markets even need rate cuts with strong fundamentals?

    Recent inflation data has complicated the path ahead for the Federal Reserve, with the timeline for interest rate cuts unclear. Kestra Investment Management CIO Kara Murphy and Spear Invest Founder and CIO Ivana Delevska join Market Domination to help investors navigate the bigger picture amid uncertain economic conditions. Murphy points out the strength in the market despite Fed expectations: "Economic growth has been stronger, corporate earnings have been stronger. What we're finding is that there's some really good fundamental underpinning for the strength in equities, so yes, it might be a bit of a disappointment that we don't get the Fed rate cuts, but the fact is the economy just doesn't need it." Delevska claims the market can reach new heights thanks to a shift to earnings: "We cover the technology sectors specifically, so we didn't like some of the more cyclical areas like semiconductors, you will see explosive growth, because earnings have really been under pressure, anywhere you look outside of AI. Then on the softer side, you're not going to see as being earning surprises, but those companies have really struggled to keep up their high-growth numbers. I think that is going to really change as we get into the second half." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • Why some parts of US 'may not be livable' for homebuyers

    HousingWire Lead Analyst Logan Mohtashami joins Yahoo Finance to provide insights on the current state of the housing market. Mohtashami emphasizes that housing affordability "depends on the labor market." He explains that if jobless claims increase, mortgage rates will likely fall, but if not, "then we'll stay at these levels." However, he highlights the improving spreads between the 10-year (^TNX) and 30-year Treasury yields (^TYX). Mohtashami highlights the impact of climate change on the housing market, going as far as to say that "parts of the country might not be livable for a lot of homebuyers." He points out that as housing insurance costs rise amid natural disasters, "that's a problem" that could last for decades. Despite these challenges, Mohtashami sees a "good story" in the housing inventory for 2024. He notes that new listings and active inventory are growing, although not significantly, but "it's good enough to give people more choices." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • Potential escalation in Middle East raises oil price concerns

    US officials have warned of an imminent attack on Israeli assets by Iran or proxies, potentially causing a wider conflict in the Middle East. Oil Prices (BZ=F, CL=F) could be impacted as the escalation pours further doubt on oil production in the region. Senior Columnist Rick Newman joins Yahoo Finance to break down the potential of a wider conflict in the Middle East and how that may impact the energy sector. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Nicholas Jacobino

  • Fed seems 'anxious' to begin rate cuts: Fmr. Richmond Fed Pres.

    Consumers, investors, and the market itself are all tuned into inflation's increasingly apparent presence in 2024, drawing even more attention on when the Federal Reserve will finally pivot and start cutting interest rates. Former Federal Reserve Bank of Richmond President Jeffrey Lacker sits down with Yahoo Finance to talk about why he thinks the Fed is "a bit over their skis" and if inflation persists, it's possible that officials may not issue "any rate cuts in this year at all." "Policy needs to be restrictive enough. The key with monetary policy is always in a situation like this, is encouraging people to delay spending because it's the excess of spending over the economy's capacity that drives inflation," Lacker, currently the Senior Affiliated Scholar at the Mercatus Center, says. "You don't need to reduce spending so much as to cause a recession, but you do need to restrain it enough. The signs are there's a good chance that Fed policy isn't terribly restrictive right now, and isn't going to do the trick in getting inflation down." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

  • Taylor Swift's music is back on TikTok, despite UMG-TikTok dispute

    Taylor Swift's music has returned to TikTok after Universal Music Group removed its artists' catalogs from the platform following a licensing dispute. Yahoo Finance reporter Alexandra Canal discusses the sticking points in Universal Music Group's TikTok negotiations and how Taylor Swift was able to circumvent the disagreement.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This article was written by Gabriel Roy.

  • Services inflation still 'a major headache' for consumers

    Recent inflation data has left markets uncertain about the Federal Reserve's next steps in combating inflation through potential rate cuts. As consumers feel the pressure of higher prices, National Retail Federation Chief Economist Jack Kleinhenz joins Yahoo Finance to discuss the state of the consumer. Kleinhenz states that March's hotter-than-expected CPI data "created more uncertainty" around the Fed's monetary policy path, with the report revealing that inflation "remains the number one problem for households and consumers." However, he notes that retail has seen a slight deceleration in inflation, indicating that "inflation pressure is still in the service industry, not so much in the goods industry." While Kleinhenz acknowledges that credit card delinquencies are a "concern to be watched," he states that the overall balance sheets of households are generally "in pretty good shape." Nevertheless, he observes an "evolution" over the past couple of years, with consumers becoming "smart shoppers." However, as they continue to spend and necessities become more expensive, he says services inflation will be "a major headache for households." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

  • S&P 500, Nasdaq close higher: What drove Thursday's action

    Both the S&P 500 (^GSPC) and the Nasdaq (^IXIC) closed higher on Thursday, with the Dow Jones Industrial Average closing flat. (^DJI). A tame Producer Price Index report eased some investor concerns following the hotter-than-expected Consumer Price Index report that was released on Wednesday. The reports have banks and investors readjusting their expectations for when the Federal Reserve will start cutting rates. On Friday, Wall Street's attention will shift back to earnings, with JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) all set to report their quarterly reports before the market open. Yahoo Finance's Alexandra Canal, Julie Hyman, and Josh Lipton recap Thursday's market action. For more expert insight and the latest market action, including an interview with BlackRock's Rick Rieder, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.

  • Boeing's company culture challenges go beyond safety: Analyst

    A Senate subcommittee is set to hold a hearing next week to examine Boeing's (BA) safety culture. This comes after airlines reported numerous safety incidents in relation to the company's Boeing 737 MAX jet line. Melius Research Managing Director of Aerospace, Defense & Space Robert Spingarn joins Market Domination to provide insight on the upcoming hearing, Spingarn hones in on cultural issues within the company, noting the "distance" between the factory floor and executives. The divide was intensified by Boeing's decision to move its headquarters from Seattle to Chicago in the early 2000s, Spingarn says, calling the move a "disservice." In light of Boeing's leadership shake-up, Spingarn believes "the changes are gonna be more significant than they were in the past," which may help the company see a turnaround. With the current CEO, Dave Calhoun, set to resign at the close of 2024, Spingarn is uncertain whether Calhoun will remain in the role if a successor is chosen sooner. He emphasizes the need for the next CEO to have an engineering background and production floor experience — recommending names like Pat Shanahan and Gwen Shotwell. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

  • Ford takes aim at Tesla with new EV rebate incentive

    Ford (F) rolls out a new rebate incentive offering a $1,500 discount on its EVs to car buyers who already lease or own a Tesla (TSLA) vehicle. Yahoo Finance Senior Autos Reporter Pras Subramanian joins Market Domination to discuss Ford's EV strategy as the automaker hopes to draw customers away from its biggest competitors. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • Vertex Pharmaceuticals to buy Alpine Immune Sciences in $4.9B deal

    Vertex Pharmaceuticals (VRTX) is set to acquire Alpine Immune Sciences (APLN) for $4.9 billion in cash, gaining access to Alpine's treatments for kidney disease. The deal from Vertex values Alpine's stock at $65 a share, which is a nearly 67% premium from the stock's close on Tuesday. Yahoo Finance Anchors Josh Lipton and Julie Hyman discuss the trend of "pipeline in a product" deals. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • Apple to use new M4 chips in Mac products: Bloomberg

    Shares of Apple (AAPL) are rising after a report from Bloomberg revealed that the company was nearing production on its M4 processors which will have AI processing capabilities. The company plans on updating all Mac models with the processors. Furthermore, according to the report, the company will highlight the new chips' AI capabilities by integrating it with the next version of the macOS (operating system). Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development for Apple and what it could mean for the iPhone maker moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • S&P 500, Nasdaq recover and close higher following March PPI

    Stocks staged a recovery over the course of the day after initially pulling back on Thursday morning's Producer Price Index (PPI) data. The Dow Jones Industrial Average (^DJI) closed just 0.01% below its flatline, while the S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) managed to pull away and close the trading day out higher. Market Domination Overtime co-host Julie Hyman looks over the performances of the three major market indexes, while Yahoo Finance Senior Markets Reporter Jared Blikre reviews the intraday activity of leading tech stocks in the Nasdaq 100 (^NDX). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

  • Price stability should be Fed's real concern: BlackRock's Rieder

    US Equities (^GSPC, ^DJI, ^IXIC) are trading higher on Thursday as the market absorbs a cooler-than-expected reading on producer prices, easing investor concerns that the Fed may not begin cutting rates until later in the year. Some experts on Wall Street argue that it won't matter how or when the Fed will cut rates as the market remains resilient despite throttling from the Central Bank BlackRock Global Fixed Income Chief Investment Officer Rick Rieder joins Market Domination to discuss the recent inflation data, Fed expectations, and the broader market. Reider outlines the market's initial reaction to PPI data: "I think the markets took a deep breath on today's report and got some satisfaction...Yesterday's report was concerning for the market. It's interesting, when you actually take PPI, it's a big component into what gets into the Fed's thinking around core PCE and this gives you a bit of comfort around those numbers which we think are going to settle in around the 2.6, 2.7 percent level for core PCE. So I think part of why the equity market has gotten a bit of relief today is on the backside of it. The rest of the data: yesterday's CPI was concerning, but it's really the service sector that's really seeing this sort of level inflation, which is hard for the Fed to bring down, and a question of how much they will fight that over the coming months. " The BlackRock CIO adds that he doesn't buy claims that the Fed could have hiked interest rates even more: "I don't think the Fed can do much on the service sector of the economy that is not terribly cyclical. What it does is creates a pernicious impact on parts of the economy, talking about small business, local banks, et cetera. It's a question of how much do you want a skewed, distorted economy to try to get at something that's very difficult to get at. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • Nike's one biggest catalyst for 2024: Analyst explains

    Bank of America upgrades Nike (NKE) shares to a Buy rating from a Neutral rating. Bank of America Securities Analyst Lorraine Hutchinson — who was behind the stock call — wrote that "estimates finally look achievable" and that the brand's valuation is "finally looking compelling" in her note to investors. Hutchinson sits down with Market Domination to discuss Nike's revised growth narrative as it makes some of its more sought-after Jordan shoes accessible and prepares for the tidal wave of exposure expected from the 2024 Summer Olympic Games. "What we expect is that newness and innovation to hit. We then anticipate a lot of marketing and demand creation spending in their first quarter ahead of the Olympics," Hutchinson states. "When we look back, Olympic quarters have grown about 500 basis points above a regular 1Q, because of all this effort, all this product. I think it's a really exciting time for Nike, and I think they will try to capitalize on that moment by really bring the innovation." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • DoorDash stock receives upgrade from MoffetNathanson

    MoffettNathanson analyst Michael Morton has upgraded meal delivery company DoorDash (DASH) to Buy from Neutral and raised its price target to $164 from $118. Yahoo Finance's Josh Lipton and Julie Hyman discuss how the company is seeing expanded adoption despite initial projections of student loan-related risk. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

  • Sam Bankman-Fried files to appeal conviction and sentence

    Sam Bankman-Fried, the co-founder of the FTX crypto exchange, has filed to appeal his 25-year prison sentence. Bankman-Fried was found guilty and sentenced on seven counts of fraud on March 28. Market Domination co-hosts Julie Hyman and Josh Lipton comment on the news. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • Why investors may want to watch 'youthful' emerging markets

    The big theme for investors over the last several months has been AI. It has powered stocks like Nvidia (NVDA), Microsoft (MSFT), and Meta Platforms (META). But it's not the only thematic trade out there. BlackRock US Head of Thematic and Active ETFs Jay Jacobs is watching the changing age demographics, not just in the US, but globally. He highlights "youthful" emerging markets. As Jacobs explains, a lot of developed markets have about the same number of seniors as young people, which presents certain challenges. However, places like Mexico and India, he says, have large youthful populations, which means their "workforces are growing, they have ample amounts of labor, they get to participate in this changing supply chain around the world... So there's this huge advantage in these emerging markets that have younger populations and all this labor available to build things." Watch the video above to hear the themes Jacobs says may benefit from stickier inflation.  For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.

  • 20% of beer market could be non-alcoholic: Athletic Brewing CEO

    Athletic Brewing, a Connecticut-based brewery, began in 2017 with the goal of producing tastier and more enjoyable non-alcoholic beers. Since then, Athletic Brewing has garnered investments from a handful of professional athletes and entrepreneurs, including NFL stars J.J. Watt and Justin Tuck. Currently, Athletic Brewing has partnered with country music star Walker Hayes to launch his own line of non-alcoholic beverages, "Fancy Like." Athletic Brewing CEO Bill Shufelt joins Yahoo Finance in-studio to discuss the projected growth for the total addressable market (TAM) for non-alcoholic beer brands. "In theory, it could be huge. The beer market at retail in the US overall is about $115 billion estimated. Non-alcoholic beer was 0.3% when we started, it's up to about 1.4% now nationally," Shufelt explains. "But certain channels are five to ten, even as much as some national grocery chains are more than 20% non-alcoholic beer of all beer these days. We think as a company, at least 10 to 20% of the future beer market will be non-alcoholic beer." Shufelt hopes to expand the available products for people who don't drink — calling modern conceptions of being "sober" as outdated — while also building out Athletic Brewing's presence in the category. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Luke Carberry Mogan.

  • Fragrances lead beauty spend among teens: Survey

    According to a recent Piper Sandler survey, beauty spending among teens has risen 8%. To provide insight into what is driving this trend, Piper Sandler Senior Research Analyst Korinne Wolfmeyer joins Yahoo Finance. Wolfmeyer highlights that fragrances were the biggest catalyst for the increase in beauty spending. She attributes the surge to TikTok trends, as teens are layering fragrances or matching them to their outfits. While fragrances led the way, Wolfmeyer notes that the cosmetics, skin care, and hair care categories also grew within the beauty sector. Regarding specific brands, Wolfmeyer points to e.l.f. Beauty (ELF) as a standout performer, noting that the company is "capturing share from all generations," particularly Gen-Z. She credits e.l.f.'s success to its ability as a "master marketer" to "hit this consumer at all angles" with a combination of new and exciting products. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith