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    Luke Carberry Mogan

    Luke Carberry Mogan

  • 2024 slowdown is just the 'hangover' to Fed's pivot party

    Stocks (^DJI, ^IXIC, ^GSPC) have gotten off on the wrong foot, trading lower in the first trading days of 2024 following 2023's rally highs. John Hancock Investment Management Co-Chief Investment Strategist Emily Roland attributes this early market environment to the anticipation of interest rate cuts made by the Federal Reserve, calling it a "dry January." "We'll want to see continued disinflation in the pipeline and then of course earnings — last year was unbelievable just to see that earnings didn't matter much, even the macroeconomic data wasn't all that helpful," Roland tells Yahoo Finance about data points to watch, including Friday's jobs report data. 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.

  • Many first-time homebuyers live with family to save cash: Report

    Nearly a quarter of first-time homebuyers lived with family or their parents before buying their own home in 2023, according to data from the National Association of Realtors (NAR), cited by the Washington Post. Yahoo Finance's Josh Schafer, Brooke DiPalma, and Pras Subramanian talk about the housing market conditions and mortgage rates forcing younger homebuyers to consider staying home with mom and dad to save and afford their first home purchase. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Crypto stocks, Tapestry: Trending Tickers

    Crypto-related stocks — such as Coinbase (COIN), MicroStrategy (MSTR), and Marathon Digital (MARA) — are reacting to bitcoin's (BTC-USD) peak above $45,000 Tuesday morning Shares of Tapestry (TPR), the parent company of luxury retail brands Kate Spade and Coach, inch higher after JPMorgan added the stock to its Analyst Focus List and raised its price target to $46 per share. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • The 3 major retail themes to pay attention to in 2024

    In a new note, TD Cowen predicts three major themes to be prevalent in the retail sector throughout 2024. Yahoo Finance Retail Reporter Brooke DiPalma breaks down these key themes, including the adoption of AI and how consumers will seek out more value-driven deals. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • 2023 marked a 20-year high for CEO turnovers

    C-suites were afflicted with a rapid rise in CEO turnovers in 2023, with many chief executive successors starting their new roles in the new year. Challenger, Gray & Christmas, Inc. SVP and Head of Sales & Media Andy Challenger discusses trends seen across CEO positions and what that may indicate for the labor market in 2024. "There was a big spike, higher than 2019 when people were heralding it as an exodus of CEOs," Challenger tells Yahoo Finance. "But, what I think we're seeing is a couple of factors, pent-up demand for turnover. There were a lot of CEOs asked to stay on for the COVID crisis, not to leave their companies in the middle of a lot of turmoil." 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.

  • Disney: 'Steamboat Willie' Mickey Mouse enters public domain

    The early version of Mickey Mouse from "Steamboat Willie" — the 1928 cartoon that marked the debut of Disney's (DIS) mascot — has entered the public domain. The copyright expired on January 1, 2024. Yahoo Finance Live breaks down the timeline of the modern Mickey Mouse progenitor's copyright history. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Uber, Microsoft, Amazon: Trending Tickers

    Wells Fargo names Uber (UBER) a top stock pick for 2024. Loop Capital adds Microsoft (MSFT) to its "best ideas" list for 2024. RBC Capital Markets adds Amazon (AMZN) to its "Top 30 Global Ideas for 2024" list. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Rivian delivers nearly 14K EVs in Q4 2023

    American EV maker Rivian (RIVN) delivered almost 14,000 vehicles in the fourth quarter of 2023, falling short of figures seen in the previous three months. Rivian shares slide lower Tuesday morning after Tesla (TSLA) reported its own EV delivery data. Yahoo Finance Anchors Madison Mills and Seana Smith report on Rivian's EV delivery numbers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Bitcoin passes $45,000 for first time since 2022

    Bitcoin (BTC-USD) prices surpassed $45,000 in the early morning hours of Tuesday. This marks the first time the cryptocurrency has stood above this benchmark since April 2022. Yahoo Finance Crypto Reporter David Hollerith examines bitcoin's performance on the first trading day of 2024 and the investor optimism on pending Securities and Exchange Commission (SEC) approval of a spot bitcoin ETF. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Tesla reports 485,000 EV deliveries in Q4 2023

    Tesla (TSLA) set a delivery record in the fourth quarter.  The company delivered 484,507 vehicles in the final three months of 2023, beating Wall Street estimates. For all of 2023, Tesla reported a 38% year-over-year jump in deliveries to 1.81 million while production grew 35%. Yahoo Finance Autos Reporter Pras Subramanian breaks down the latest figures. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Apple stock downgraded to 'Underweight' by Barclays

    Barclays analyst Tim Long downgraded Apple (AAPL) to "Underweight" and lowered his price target on the tech giant to $160 per share, citing 'soft' demand for the iPhone 15.  In a note to clients Long wrote, "We expect reversion after a year when most quarters were missed and the stock outperformed." Long added he expects '2024 to bring more Services risk to light.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Neurological and obesity drugs will be prevalent in 2024

    The rollout of GLP-1 weight loss drugs was prevalent in several pharmaceutical companies' 2023 narratives, among other core biotech products. Jefferies Managing Director Michael Yee joins Yahoo Finance Live to discuss the outlook for pharma and biotech companies in 2024, predicting an increase in M&A activity and continuance of investments into certain drug treatments. "Obesity is one area, I would definitely say you can't just say it is going to be obesity," Yee says. "Neurology, Alzheimer's, but more broadly... schizophrenia, depression, Parkinson's, other important areas — neurology is perhaps one of the biggest epidemics across our country." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Tech, cruises, Abercrombie: Top 2023 stock performances

    Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL) — three of the Magnificent Seven tech stocks — have seen huge gains in 2023, riding the waves of various technology and AI trends. But the tech trade is not the only industry that has benefitted this past year. Yahoo Finance Live examines several other outperformers across industries, including cruise operators Royal Caribbean Cruises (RCL) and Carnival Corp. (CCL), and even retail chain Abercrombie & Fitch (ANF). Solar energy stocks disappointed in 2023 as significant players saw big annual losses. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Earnings, jobs data: What to Watch Next Week

    Yahoo Finance's Madison Mills previews some of the top headlines investors should look out for next week — and the new year — including earnings reports expected out from Conagra Brands (CAG), Walgreens (WBA), and Constellation Brands (STZ), as well as JOLTS data and the monthly jobs report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Buy value stocks, avoid growth stocks: Good Buy or Goodbye

    In the latest edition of Yahoo Finance's Good Buy or Goodbye, Julie Hyman is joined by Interactive Brokers Chief Strategist Steve Sosnick to weigh the benefits of choosing to invest in value stocks over growth stocks, outlined by thematic performances seen in 2023. "The Russell 1,000 value, which is what [the Vanguard Russell 1000 Value Index Fund ETF (VONV)] is based on, has a [price] of about 15... almost 16... so it's really not very expensive," Sosnick says on a value stock portfolio. "There is not a lot of downside from that regard. and the expectations for earnings are relatively modest. Call it about 5% is what that forward PE implies." Alternatively, Sosnik looks to the Vanguard Russell 1000 Growth Index Fund ETF (VONG), believing stocks displaying continuous growth may be weighed down by economic headwinds. "If everybody owns it, who is left to buy it? When you think about what has gone on, a lot of what we have seen in all markets, in almost every asset class, a year end phenomenon, if you're an institutional investment manager, FOMO is a real thing — it's fear, if you're an individual, don't succumb to FOMO," Sosnik says. Click here to watch more Good Buy or Goodbye or you can watch this full episode of Yahoo Finance Live here.

  • BGC stock jumps on upbeat Q4 outlook

    Shares of financial services firm BGC Group (BGC) are riding high Friday afternoon — the final trading day of 2023 — after raising its fourth-quarter outlook. Yahoo Finance Live monitors BGC's stock and comments on CEO Howard Lutnick's plans for a US Treasury trading platform. 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.

  • Oil prices on path for biggest annual drop since 2020

    Crude oil futures (CL=F, BZ=F) are ticking up Friday morning, the final trading day of 2023, but it is still on course for its biggest annual drop in three years. Yahoo Finance Market Reporter Jared Blikre tracks the path oil prices have taken in 2023, a year wrought with geopolitical conflicts, OPEC's production cuts, and energy sector M&A. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • 3 things Wall Street got wrong in 2023

    As the Federal Reserve's interest rates and inflation outlooks appear more hopeful heading into 2024, Wall Street seems to have misfired on certain calls this year. Yahoo Finance's Madison Mills breaks down the top three biggest themes and forecasts Wall Street got wrong in 2023, including calls for a recession, bearish sentiments, and China's economic recovery. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Whatever happened to the pandemic darling stocks?

    The COVID-19 pandemic propelled a variety of stocks to new heights, including companies that enabled work-from-home setups like Zoom (ZM) or Peloton (PTON). Yahoo Finance's Jared Blikre observes how these "pandemic darlings" have held up since slowly coming out of the pandemic these past two years, highlighting the losses seen over that period despite significant year-to-date gains in 2023. Some of these stocks include Carvana (CVNA), Coinbase (COIN), and several other companies that have seen major turnarounds this past year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.