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Trump nominates Kevin Warsh to be next Fed Chair
Yahoo Finance· 2026-01-30 13:15
Borch has had plenty of experience navigating within the central bank. President George W. Bush nominated him to be a Fed governor, serving from 2006 until 2011.He became former Fed chair Ben Bernankei's liaison to Wall Street during the 2008 financial crisis. Before serving at the Fed, Worsh was special assistant to President Bush for economic policy and an executive secretary at the National Economic Council where he advised the president and senior administration officials on the US economy. Worsh has be ...
Why Microsoft stock dropped after earnings
Yahoo Finance· 2026-01-30 00:40
Microsoft stock dropped following the tech company's second quarter earnings. Our team analyzes the earnings call, why the stock dropped, and if it is a buying opportunity. For more on Big Tech earnings, please visit our website at https://finance.yahoo.com/ #youtube #microsoft #tech #earnings #AI #clouds 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 ...
Oil is picking up gains as President Trump hardened his tone against Iran.
Yahoo Finance· 2026-01-30 00:06
If strikes do happen, what are, you know, possible implications for oil markets we need to think about. >> Well, I think you'll see an immediate risk premium apply. Oil prices will jump right away, even if barrels are not taken off the market, just on the risk alone.But the key thing to watch with Iran is the straight of Hormuse. 20 million barrels per day of crude and other petroleum products go through there. That's about 20% of all global maritime trade of crude.It's a huge global choke point. Iran large ...
Apple beats Wall Street expectations with top and bottom line beats, record iPhone revenue
Yahoo Finance· 2026-01-30 00:03
Welcome to Asking for a Trend. Breaking news, Apple earnings just now hitting the tape and Yahoo Finances Dan Howie is here with the numbers. Dan.Yeah, Josh. Big beat for Apple here uh on the top and bottom line. They said they recorded all-time record revenue for the iPhone.85.3% billion. That's well ahead of the 78.3% billion that analysts were anticipating. Uh the company saw 69.1% billion in the prior quarter.EPS came in at $284 on revenue of 143.8% billion. Analysts were anticipating $268 on 138.4% bil ...
Tim Cook on Google partnership: "We believe that we can unlock a lot of experiences and innovate."
Yahoo Finance· 2026-01-29 23:45
We basically determined that Google's AI technology would provide the most capable foundation for Apple foundation models and we believe that we can unlock a lot of experiences and and innovate in a key way uh due to the collaboration. We'll continue to run on the device and run in private cloud compute and maintain our our industry-leading privacy standards in doing so. In terms of the arrangement with Google, we're not releasing the the details of. ...
Tesla CEO Elon Musk doubles down on robots
Yahoo Finance· 2026-01-29 23:32
Tesla's fourth quarter earnings topped analyst estimates. CEO Elon Musk is betting big on robotics and AI with plans to spend $20 billion on capital expenditures this year. Our team breaks down key takeaways from the report and what it means for the future of EV production as the company starts to focus more on robotics and AI. #youtube #ElonMusk #Tesla #robots #ai About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, ...
Next stop ... the moon!
Yahoo Finance· 2026-01-29 23:13
I am proud to say that we just had a quarter for the record books. We are reporting our best ever quarter with 143.8% billion in revenue, up 16% from a year ago and exceeding our expectations. The demand for iPhone was simply staggering with revenue growing 23% year-over-year and all-time records across every geographic segment. ...
Meta's AI reset drives stock higher following earnings
Yahoo Finance· 2026-01-29 22:52
this time its spending plans once again blowing away expectations but the stock is higher. >> Yeah, I mean spending is through the roof. It's it's bonkers how much this company is going to spend uh you know 100 billion plus in 2026 fiscal 2026 and so you know they basically said uh in in the prior quarter we're going to see meaningful uh growth when it comes to spending and they certainly delivered on that. uh they spent 72 billion in the the last year and so that's a pretty huge jump nearly doubling what t ...
Apple's blowout earnings report, ETF inflows vs. price action explained
Yahoo Finance· 2026-01-29 22:45
Welcome to Asking for a Trend. Breaking news, Apple earnings just now hitting the tape and Yahoo Finances Dan Alli is here with the numbers. Dan.Yeah, Josh. Big beat for Apple here uh on the top and bottom line. They said they recorded all-time record revenue for the iPhone.85.3% billion. That's well ahead of the 78.3% billion that analysts were anticipating. Uh the company saw 69.1% billion in the prior quarter.EPS came in at $284 on revenue of 143.8% billion. Analysts were anticipating $268 on 138.4% bill ...
What does debasement trade mean?
Yahoo Finance· 2026-01-29 22:19
You may have heard the words debasement trade being thrown around recently, probably in reference to rising silver and gold prices. Let's start with the word debasement. A lowering of someone or something in status, esteem, quality, or character.Yes, I got that from Miam Webster. Here we're talking not about gold and silver. We're talking about global currencies, including the US dollar.And there's this concern that they're going to fall in quality and in value. And there are three reasons why. One, governm ...