Hello and welcome to Morning Brief Market Sunrise. I'm Raman Karamali live from Yahoo Finance Studios in London. It's Friday 3rd October.Coming up on the show, Wall Street hits record highs even as the government shutdown drags on. AI tie-ups involving Open AI and Nvidia fuel investor enthusiasm. and I'll tell you all about something called the debasement trade.So, grab your coffee and let's own the morning. Well, the first thing you need to know about is that Wall Street hit record highs on Thursday and th ...

OpenAI has officially become the world's most valuable company. According to the Wall Street Journal, the company completed a deal with investors that values the Chat GPT maker at around $500 billion. The record valuation for the private company comes just 3 years after it launched its flagship product.The company has now surpassed SpaceX as the world's most valuable private company. Behind SpaceX, you have AI startup Anthropic, data intelligence firm Datab Bricks, and payment processor Stripe. The sale spe ...

From a $55 billion gaming takeover to the NFL’s surprising shake-ups, here’s what’s moving money and markets in the sports world. This week on Yahoo Finance Sports Report, host Joe Pompliano takes a look at some of this week’s biggest headlines in the sports business world that you and your portfolio need to know. From Saudi Arabia's Public Investment Fund leading a joint acquisition of Electronic Arts (EA) for $55 billion to the NBA selling their franchises in the Africa League and John Cena’s final WWE ma ...

As the US government's shutdown continues, the Congressional Budget Office expects 750,000 federal workers to be furloughed each day the shutdown continues. President Trump eyes cutting jobs in various federal agencies. Yahoo Finance examines the impact of the US government shutdown on paychecks, social security, the economy, and more. #youtube #stocks #investing About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, ad ...

All [Music] right, good afternoon and welcome to asking for a trend on Miles Oven. For the next half hour, we're breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve.Here are some of the trends we'll be diving into. Wall Street seen green today, a trifecta record close on the Dow, S&P 500, and the Nasdaq. At the end of the session, all major indices finished the day higher.And is the market hot fo ...

Market Performance & Trends - S&P 500 up by 006%, marking the fifth straight win [2] - NASDAQ Composite also experienced a win [2] - Dow recorded a record win [2] - Small caps up by one third of a percent [2] - Material sector led with over 1% gain, followed by tech and industrials [3] - Energy sector declined by over 1%, with consumer discretionary also showing losses, primarily due to Tesla [3][4] - Mega caps showed mixed performance, with Microsoft down about 075% and Meta up over 1% [4] - Semiconductors experienced significant gains, with Intel up almost 4%, AMD and Global Foundry each up 35% [5] - Speculative investments like crypto (GBTC up about 3%), solar (TAN), Arc Invest, and IPOs saw money inflow [6] AI & Investment Strategy - AI is reshaping industries, potentially leading to significant unemployment followed by new job creation [8][9][10] - Diversification is crucial, but many companies are heavily investing in AI, comfortable with the perceived risks [12][13] - Investors are showing interest in diversification, including fixed income and alternative investments like gold [17] - There's a growing openness to alternative investments, potentially reaching 20% of portfolio allocation [20] Mortgage & Housing Market - Mortgage rates experienced a slight rise for two straight weeks but remain relatively low for the year [22][23] - Refinance application volume initially jumped with lower rates but decreased as rates drifted up [25][26] - Pent-up demand exists, especially among first-time home buyers (50 million people between 30 and 40) [27][28] - ARM (Adjustable Rate Mortgage) share is increasing, with typical ARMs offering initial fixed rates for 5-10 years at 75 to 100 basis points lower than 30-year fixed rates [37][39][40] Government Shutdown Impact - Essential services continue, but workers may not receive paychecks [43] - Non-essential services like national parks and Smithsonian museums will close [44] - Federal Medicare and Medicaid benefits will not be impacted; Social Security distribution will continue, but staffing may be affected [45] - SNAP benefits will be affected if the shutdown lasts over 30 days [46] - The monthly jobs report will be delayed, creating uncertainty for the Fed's policy decisions [47][48][49]

Market Trends & Economic Outlook - US stock market is on track for five straight days of gains, with the Dow up approximately 025% [1] - Bond market indicates a lack of concern about risk, with the 30-year Treasury yield well below 5% [2] - The labor market is showing signs of slowing, with muted hiring [1] - The market is pricing in another 25 basis point rate cut in December [1] Company Performance & Sector Analysis - Semiconductors are outperforming, with Intel up almost 4% [1] - Tesla's Q3 deliveries set a record at just over 497000 cars, but shares are down about 4% [2] - DraftKings is considered undervalued, trading at 19 times earnings with 75% earnings growth [5] - AI optimism is boosting stocks, with OpenAI valued at $500 billion in a secondary sale [3] Investment Opportunities & Potential Risks - Foreign direct investment (FDI) of $17 trillion and AI tech spending are acting as stimulus programs [2] - Circular financing in the AI sector may end poorly in the long term [3] - Cannabis stocks are rallying due to potential rescheduling, with Advisor Shares Pure US Cannabis ETF (MSOS) specializing in US multi-state operators [19][25]

and Nancy, great day to have you on. I know you've been very constructive on this trade, but just your reaction to see the sheer momentum that we've had since those lows back in April and your outlook for the rest of the year. >> Yeah, thanks so much for having me, Ally.Um, I I think what investors can learn from this experience is you have to actually jump in when it feels the most painful. We were adding to a number of the chip names in April. We were adding to Tesla.uh it wasn't easy to do, but if you be ...

Gold Market Outlook - Goldman Sachs predicts gold could reach $4,000 per ounce by mid-2026 [1] - State Street Investment Management assigns a 75% probability of gold breaking above $4,000 per ounce, possibly this month or in Q4 [2] - The industry anticipates gold could reach $5,000 per ounce in the next 6 to 12 months, rather than falling to $3,000 [3] Factors Driving Gold Prices - A weaker US dollar, strong physical demand from China and central banks, and record ETF inflows in September, with over $10 billion in US-listed gold ETF inflows, have supported the gold market [5][6] - Gold benefits from an uncertainty premium due to risks emanating from Washington DC, inflation uncertainty, and Federal Reserve policy [7] Investment Strategies - ETFs, particularly GLD and GLDM from State Street's Spider ETF suite, offer low transaction costs, high liquidity, and transparency for gold exposure [9] - Gold mining stocks, while outperforming gold year-to-date, are tied to company management, cash flows, and capex costs, making them less suitable for pure gold exposure [10][11] Precious Metals Market - Silver has outperformed gold since mid-2025 due to tactical reasons, and could test $50 per ounce if gold surpasses $4,000 [13] - Gold is considered a safe haven hedge due to geopolitical and policy uncertainty, while silver remains tied to industrial activity [14][15]

Market Performance - Tesla reported a record number of deliveries in Q3, exceeding 497,000 units [1] - Tesla's Q3 deliveries were more than 7% above the same period last year [1] - Electric vehicles accounted for approximately 10% to 12% of the market during August and September [2] Industry Trends - The end of Q3 coincided with the expiration of EV tax credits, removing a taxpayer-funded incentive [1] - The industry believes electric vehicle prices are too high [2] - Automakers, including Tesla, need to find ways to rightsize the price of electric vehicles to increase sales [3] Company Strategy - Tesla's past experience shows that lowering prices leads to increased orders [3] - Tesla sold plenty of vehicles before incentives and expects to continue selling well after the incentives expire [2]