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Trump’s attempt to fire Fed Governor Cook is “unprecedented.”
Yahoo Finance· 2025-08-28 15:22
It is unprecedented. I've never seen anything like it. I mean, the Fed has come under pressure in the past from the White House famous cases in the 1980s.Paul Vulker uh almost resigned when uh Reagan administration officials pushed him to cut interest rates in the 1970s. Arthur Burns was under a lot of pressure. Well, I haven't seen anything like this where a governor is being told to step down, is being fired by the president.If Lisa Cook did commit fraud, if she uh made misstatements on her mortgage appli ...
LIVE: White House press briefing with Karoline Leavitt
Yahoo Finance· 2025-08-28 14:07
White House press briefing with Karoline Leavitt 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: https ...
Nvidia-rival Cambricon sees its shares surge, report of Mexico increasing tariffs on Chinese goods
Yahoo Finance· 2025-08-28 14:05
Hello and welcome to Morning Brief Market Sunrise. I'm Jared Blickery live from Yahoo Finance in New York. It is Thursday the 28th of August.Coming up on the show, the Nvidia earnings aftermath, what the data center numbers mean for the AI trade, and we're going to hear from CEO Jensen Wang on his China strategy, and then tariffs glo go global. Why protectionism headlines matter for prices and profits. And we're going to tell you about the AI stock that jumped 14% this morning.So grab your coffee and let's ...
What ethereum's recent rise means for crypto
Yahoo Finance· 2025-08-28 12:30
Market Overview - Fed chair Jerome Pal's dovish comments on interest rates boosted cryptocurrencies [1] - Ethereum reached all-time highs recently, outperforming Bitcoin in recent months [1][2][3] Ethereum Analysis - Ethereum is viewed as an operating system for crypto applications, supporting stable coins and asset tokenization [4][5] - Investors are excited about Ethereum's technology over the long term, viewing it as a tech investment [6][8] - Ethereum's rally is attributed to expectations of faster interest rate cuts, leading to more investment in high-growth technologies [8] Bitcoin Analysis - Bitcoin is considered a digital store of value, similar to gold, with a fixed supply [3][4] - Bitwise predicts Bitcoin will reach $1.3 million by 2035, achieving an annualized growth rate near 30% [9][10] - The drivers for Bitcoin's long-term rally include concerns about government debt and the debasement of fiat currencies [10] - Institutional investors can now access Bitcoin through ETFs, unlocking a new wave of demand [12] Investment Strategy - Crypto, including Bitcoin and Ethereum, is considered a long-term investment [14] - A minimum three-year holding period is recommended due to the volatility of crypto assets [16] - Constant allocation and rebalancing of portfolios are important to manage position size [16] - Buying the dips is a favored strategy [15][17]
Labubu is Pop Mart’s best-selling IP globally. 📈
Yahoo Finance· 2025-08-28 01:30
There's a new Lab Boooo coming and it's mini, but people's love for these little monsters is only getting bigger. >> I have the one and only 24 karat gold Le Boooo. >> So freaking cute.>> Boooo unboxing. >> Just like the Beanie Babies of the '90s. Blind box toys are the newest trend that is turning into a billion dollar obsession.Blind boxes are mystery packs. You buy a toy, but you don't know which one you get until you open it. And let's be honest, most people want to look at >> orange creamsicle.>> Popar ...
Nvidia CEO Jensen Huang: “We had a record quarter without China.”
Yahoo Finance· 2025-08-28 00:07
We had a record quarter uh without China and we just guided another record quarter without China. Just as the American dollar is the world standard that economies are built on, we want the American tech stack for the world's technology and industries to be built on and that includes China. American AI technologies are stuck in limbo.It is our national treasure. It is incredibly competitive and we have every opportunity to succeed in China market if they would allow for American technology companies to be ab ...
Winning big with crypto: A futurist’s financial playbook
Yahoo Finance· 2025-08-27 23:04
Crypto Investment Opportunities - Financial Freestyle features Armando Pantoja's analysis of the future of crypto and tips for beginners to build wealth through crypto investing [1] - The podcast offers opinions on top coins to invest in [1] - It highlights the long-term advantages of becoming an early adopter in the crypto space [1] Yahoo Finance Platform - Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, and advanced tools [1] - Yahoo Finance aims to empower users to build and grow wealth through expert insights, practical advice, and inspiring success stories [1] - Yahoo Finance promotes economic prosperity for all through its content [1] Financial Freestyle Podcast - Financial Freestyle with Ross Mac is dedicated to promoting economic prosperity [1] - The podcast is available on Apple Podcasts, Spotify, and other platforms [1]
Nvidia earnings beat on top and bottom lines, S&P 500 notches fresh record close
Yahoo Finance· 2025-08-27 22:23
Market Domination Overtime anchor Josh Lipton breaks down the latest market news and Nvidia second quarter earnings from August 27, 2025. Nvidia earnings beat on top and bottom lines but data center revenue came in slightly below Wall Street expectations, causing the stock to drop in after hours trading. The S&P 500 reached another record close today. Josh speaks with LPL Financial Chief Technical Strategist Adam Turnquist about what is behind this rally to new highs. For more Market Domination Overtime vid ...
Can Nvidia keep carrying Wall Street on its back?
Yahoo Finance· 2025-08-27 21:22
Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. May the betting odds be in your portfolio’s favor. In this episode of Stocks in Translation, Stocktwits editor in chief & vice president of community Tom Bruni joins host Jared Blikre and Producer Sydnee Fried to discuss ‘betification’ or the increasing trend toward institutionalizing the betting process on anything and everything from sports to politics to memes. The trio uses Nvidia (NVDA) ...
India tariffs rise to 50%.
Yahoo Finance· 2025-08-27 18:58
Tariffs & Trade - US imposes additional 25% tariff on India, raising total tariffs to 50% due to India's Russian oil purchases [1] - The tariff increase is a negotiating tactic to pressure India to stop buying Russian oil and reduce Russia's war funding [2] Geopolitics & Sanctions - India and China are major buyers of Russian oil, offsetting the impact of EU sanctions [1] - US is using energy policy to exert influence and address concerns about funding the war in Ukraine [2]