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Economists say the 'big, beautiful' tax bill has a $3 trillion price tag, but Trump disagrees
Yahoo Finance· 2025-06-12 16:47
Economists say that President Trump's big, beautiful tax bill comes with a $3 trillion price tag over the next few months. But the White House says the opposite is true. So here to break down the disconnect, we've got Washington correspondent for Yahoo Finance, Ben Worshko.Ben, what have you been able to dig into with the details here. Yeah. Yeah, Brad.So this is a divide that we've seen between the White House and independent economist. Treasury Secretary Besson was on Capitol Hill yesterday and you saw th ...
Mag 7 check-in: Are the days of tech sector leadership over?
Yahoo Finance· 2025-06-12 16:31
Let's talk a little bit more about the tech trade. Nvidia trading near record highs as tech per usual big driver of the market's push higher. The tech sector, is it poised to remain the market leader.That's the big question. Our very own Josh Schaefer joins us now at the desk. You've been digging into this and this leadership that we've seen from tech in this rally.Yeah, Brad. So, I mean, you have the S&P 500 back near record highs. Of course, Nvidia also back near record highs as you mentioned, right.So th ...
Air India crash reignites Boeing safety concerns & flying fears. Expert weighs in.
Yahoo Finance· 2025-06-12 16:22
An Air India Boeing 787 Dreamlininer crashed shortly after takeoff on Thursday. Thick plumes of black smoke seen over the airport in video taken by bystanders. 242 passengers and crew members were on board the flight heading to London's Gatwick airport.The plane crashed into a building housing medical students. According to local media, aftermath from the scene showed billowing smoke rising over the area and firefighters on charred streets. Air India confirmed the flight was involved in an accident after ta ...
Tesla has some major near-term challenges, analyst says
Yahoo Finance· 2025-06-12 15:28
Tesla protesters set to hold an event tonight highlighting alleged safety flaws with the company's robo taxis. This as Tesla delays the program's launch. Now scheduled to roll out on June 22nd after public rides were scheduled to begin today.Joining me now, we've got Garrett Nelson, CFR analyst. Garrett, you have a hold rating and a one uh a $320 price target on Tesla. What are you expecting from this robo taxi launch.Yeah, thanks for having me. We think it's going to be a lot more ro lowkey than uh the rob ...
Why Oracle could be a safe non-chip AI play
Yahoo Finance· 2025-06-12 15:19
Shares of Oracle are moving higher pre-market after the company beat expectations on the top and bottom lines as it makes a play for the cloud computing market. You could argue they've been making that play. The company brought in 15.9% billion in revenue for its fiscal fourth quarter with $6.7% billion of that coming from cloud services here.Cloud sales rose 27% year-over-year in the quarter and Oracle expects that number to grow 70% in fiscal year 2026. I want to bring in Dan Morgan who is the Senovius VP ...
LIVE: Treasury Secretary Scott Bessent testifies before the Senate Finance Committee
Yahoo Finance· 2025-06-12 14:10
LIVE: Treasury Secretary Scott Bessent testifies before the Senate Finance Committee About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitt ...
LIVE: President Trump holds a bill signing ceremony
Yahoo Finance· 2025-06-12 13:52
LIVE: President Trump holds a bill signing ceremony About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: ht ...
Trump says US-China deal is done, but this analyst says it's just 'temporary cease fire'
Yahoo Finance· 2025-06-11 22:33
Well, President Trump saying today that China will supply rare earth minerals upfront to the US. This coming as part of a larger trade agreement between the two countries. But our next guest says this is more of a ceasefire than an agreement that moves the ball forward. For more, we're bringing in now Bill Reich, senior adviser at the Center for Strategic and International Studies. Bill, it is good to see you. So, President Trump uh did make news this morning. Bill, he goes on social media. He says, "Listen ...
Tap into these big trends to grow your portfolio
Yahoo Finance· 2025-06-11 22:24
Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. It’s time to view your portfolio with a long-term mindset. In this episode of Stocks in Translation, Tematica Research CIO Chris Versace joins Markets and Data Editor Jared Blikre and Producer Sydnee Fried to break down everything having to do with thematic investing - an approach that involves investing in companies poised to benefit from long-term structural trends, like AI and or clean en ...
Wall Street ends the day in the red, Trump says US and China have reached deal but questions remain
Yahoo Finance· 2025-06-11 22:21
Hello and welcome to Ask Me for a Trend. I'm Josh Lipton and for the next half hour, we are breaking down the trends of today that'll move stocks tomorrow. There is a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. And here are some of the trends we're going to be diving into. Hump day is turning out to be a slump day. Wall Street ending the day in the red. Investors digesting inflation data and keeping their eyes on USChina trade talks. All major indices did fini ...