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Why the Fed may cut rates in September
Yahoo Financeยท 2025-08-09 23:29
Economic Policy & Trade - President Trump criticized the Bureau of Labor Statistics [1] - Potential new tariffs on semiconductors were teased [1] Federal Reserve - President Trump indicated he was close to selecting a new Fed chair [1]
Palantir and AMD earnings: Key takeaways for investors
Yahoo Financeยท 2025-08-09 16:01
Palantir's Financial Performance - Palantir's Q2 EPS is 16 cents, exceeding the expected 14 cents [1] - Revenue increased by 48% to $1004 billion, surpassing the anticipated $93925 million [1] - Q3 adjusted operating income is projected between $493 million and $497 million, exceeding expectations [2] - Q3 revenue is expected to range from $1083 billion to $1087 billion, also surpassing expectations [2] - Adjusted operating income guidance for the year is raised to between $1912 billion and $192 billion, exceeding expectations [2] - Revenue forecast for the year is now between $4142 billion and $4150 billion, also exceeding expectations [2] Business Segments Performance - US government revenue reached $426 million, exceeding expectations [1] - US commercial revenue reached $306 million, exceeding expectations [1] AI and Competition - Palantir believes America is currently leading in both government and commercial AI sectors, but warns against complacency [5] - Palantir's CEO aims to increase revenue by tenfold in the next 5 years [7] - Snowflake, Oracle, and Microsoft are considered competitors, although Palantir also partners with some of them [16] AMD's Financial Performance - AMD's Q2 adjusted EPS is 48 cents, aligning with expectations [37] - Q2 revenue reached $769 billion, surpassing the anticipated $743 billion [37] - Q3 revenue is projected between $84 billion and $9 billion, exceeding the expected $837 billion [38]
Gen Z, millennials are embracing AI more than older generations when it comes to their investments:
Yahoo Financeยท 2025-08-09 14:15
Generational Trends & AI Adoption - 41% of Gen Z and millennials are open to AI managing their stock portfolios [1] - This rate is nearly three times higher than that of boomers [1] The Role of AI in Investment - AI, especially rules-based AI, is becoming increasingly applicable in portfolio management [1] - AI is accelerating in automating tasks and augmenting portfolios [2] Human-AI Collaboration - Gen Z shows interest in human advice and skepticism towards fully AI-driven systems [2] - The industry anticipates an "AI plus HI" model: Artificial Intelligence plus Human Intelligence [2]
The real cost of Apple's $600 billion investment into the United States
Yahoo Financeยท 2025-08-09 14:01
Investment and Manufacturing - Apple is planning an additional $100 billion investment in US manufacturing commitments [1][2] - This investment is on top of a previous commitment of $500 billion to be spent in the US [2] - The previous $500 billion commitment included working with partners to build an AI server factory in Texas [3] - The investment could be a strategy to mitigate potential tariffs on iPhones manufactured in India and other goods [5][16] Trade and Tariffs - The Trump administration indicated that India tariffs would largely not impact Apple, as iPhones destined for the US are built in India [3][4] - Apple is potentially trying to get on President Trump's "good side" to avoid potential tariffs [5][16] - Apple still faces potential headwinds from Section 232 tariffs, which could impact semiconductors and various components within devices [17][18][19][20] - Tim Cook previously stated that tariffs could create $1.1 billion in headwinds, excluding any impact from Section 232 [20] Political and Economic Strategy - Tim Cook demonstrates political sophistication in navigating the current administration's policies [7][10] - Apple's announcement is giving President Trump a headline, similar to Foxconn's $10 billion investment pledge in Wisconsin that ultimately did not materialize [7][8][9] - CEOs need to understand politics as well as financial markets in the current environment [10] - Apple's stature is such that negative consequences directly attributed to policy decisions could have political repercussions [26][27] Stock Market Reaction - ODM stock surged nearly 6% following the announcement [6] - A strong level of resistance exists around $215, which needs to be surpassed with earnings follow-through for additional upward momentum [13][14] - Investors may view the diversification of Apple's supply chain to India, Vietnam, and the US as a positive sign [15][16]
Nasdaq notches fresh record high, how to play the GLP-1 pharma space
Yahoo Financeยท 2025-08-08 22:09
Market Performance & Indices - NASDAQ 100 and the composite indices reached record highs [2] - S&P 500 missed a new record by 18 or 28 cents [2] - The Dow increased by 1 and a third percent for the week [2] - NASDAQ was up almost 4% [3] Sector & Stock Movements - Tech sector led gains, up almost 1%, followed by financials and healthcare [3] - Utilities and real estate sectors posted losses for the day due to interest rate sensitivity [3] - Apple increased by 4 and a quarter percent, Alphabet up 2 and a half percent, and Tesla up over 2% [4] - UnitedHealth was up 2 and a half percent, while McDonald's slid about three-quarters of a percent, and IBM was down about 1 and a half percent [5] - Uber decreased by 3%, while FedEx and United Airlines both increased by about 1 and a half percent [6] - Micron increased by about 6%, while Microchip decreased by 6 and a half percent, and Super Micro decreased by about 4% [6] Economic Factors & Tariffs - Tariffs are expected to slow things down, with about two-thirds of the Liberation Day tariffs going into effect [10] - Inflation remaining stubbornly above 3% on CPI, coupled with a weakening consumer and labor market, could lead to a 10% to 20% correction [15] - Effective tariff rates are expected to increase by another 8% based on announced deals [23] Pharmaceutical Sector - Eli Lilly's stock decreased after the Orphaglyron attain one study showed 11-12% weight loss at 72 weeks, lower than the expected 14% [50] - Eli Lilly raised its full-year guidance, driven by Mangaro and Zetbound performance in the US and XUS [52] - Gilead is innovating in the convenience space with a twice-yearly injection for HIV prevention [60]
What Miran's nomination means for the Fed, SoundHound AI CEO talks earnings
Yahoo Financeยท 2025-08-08 20:48
Market Trends & Key Events - Market Catalysts discusses the latest market moves on August 8, 2025 [1] - The program analyzes President Trump's nomination of Stephen Miran as Fed governor [1] - The report considers the implications of Miran's confirmation for rate cuts and Fed policy [1] Company Performance - SoundHound AI's stock is soaring after Q2 results exceeded Wall Street's estimates [1] - SoundHound AI's CEO discusses the company's strong Q2 performance [1]
SoundHound AI's big Q2 results: What the CEO wants investors to know
Yahoo Financeยท 2025-08-08 20:26
Financial Performance - SoundHound AI's second quarter results were stronger than expected, leading to an increased full-year outlook [1] - The company is on a journey to profitability [1] Company Strategy & Leadership - Keyvan Mohajer, co-founder and CEO of SoundHound AI, discussed the earnings and the company's future [1] Industry Focus - SoundHound AI is an artificial intelligence (AI) company [1]
The Trump administration is planning Fannie Mae, Freddie Mac IPOs, WSJ reports
Yahoo Financeยท 2025-08-08 19:50
Market Trends & IPO Plans - The Trump administration plans to take Fannie Mae and Freddie Mac public later this year [1] - The discussed plans involve selling between 5% and 15% of their stock [1] - The potential IPO could value the companies at roughly $500 billion [1] - It's unclear whether the mortgage giants would IPO as one company or two separate entities [1] Financial Implications & Government Control - Fannie Mae and Freddie Mac have been under government control since the 2008 financial crisis [2] - The IPO could potentially raise $30 billion [2] - It's unclear if they will remain under government conservatorship [2]
Planning for healthcare in retirement, cities that will pay you to live there
Yahoo Financeยท 2025-08-08 19:28
Personal Finance & Budgeting - For a single adult with an average US salary of $60,000 per year, resulting in approximately $3,800 per month after taxes, budgeting should allocate about one-third for housing, 15% for food, 10% for transportation, 5% each for utilities and healthcare, and 15% for savings and investments [8][9][11][12][13] - Financial experts recommend aiming for as much as 50% of income in savings for single adults to prepare for future family expenses [16] - Upon retirement, lifestyle costs generally decrease, allowing for increased discretionary spending and reduced savings, although healthcare costs may increase [18][19][20] Remote Work Incentives - Some cities and states are offering financial incentives, ranging around $10,000 to $12,000, plus additional benefits like housing assistance and co-working spaces, to attract remote workers and revitalize their communities [4][5][6] - Tulsa Remote program offers a $10,000 incentive, housing assistance, co-working space, and community-building efforts to encourage remote workers to relocate and stay in Tulsa [6] Medical Debt & Credit Reports - A proposed rule to remove medical debt from credit reports, potentially wiping $49 billion off the credit reports of about 15 million Americans and increasing their credit scores by an average of 20 points, was blocked by a judge [33][34] - Medical debt under $500 is not reported, and 14 states have provisions to remove medical collection debt from credit reports [36] - Medical debt must be one year old before it shows up on credit reports [36] - Paying a medical bill, even after it has gone to collections and appeared on a credit report, will result in its removal from the credit report [51] - Credit card interest rates are high, ranging from 25% to 30%, and using a credit card for medical debt can remove medical debt protections [45] Investment & Retirement - The Federal Trade Commission (FTC) reported that Americans lost $125 billion to fraud in 2024, affecting over 25 million people [21] - Executive order opens the door for retirement savers to invest in alternative assets like crypto and private equity within their 401k plans [29] - Fidelity estimates that a 65-year-old retiring in 2024 could expect to spend $172,500 out-of-pocket on healthcare costs throughout retirement [58]
Yahoo Finance: Market Coverage, Stocks, & Business News
Yahoo Financeยท 2025-08-08 19:00
To keep it simple, pretty much you're creating a piece of content that's making somebody feel like if they don't watch this content before they go to sleep, they going they going to be thinking about it all night. Welcome to Financial Freestyle here on Yahoo Finance and I'm your host Ross Mack. Now look guys, no matter where you at on your financial journey, you can never stop learning.And that's why every week I'm talking to some of the people that are uncovering the truth of building true wealth. And that ...