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Stocks close lower, Amazon beats on top and bottom lines
Yahoo Finance· 2025-07-31 21:29
That's closing bell on Wall Street. And now it's market domination overtime. We're awaiting Apple and Amazon quarterly results. And we're giving you full team coverage of all the moves to get you up to speed on the action from today's trade. Jeff Mlan, Solidarity Capital CEO and Markets and Data Editor Jared Blickery joining us to break down the moves. say Jared, my friend, let's start with you on that close. All right, I was looking at a mixed market until the NASDAQ dipped into the red. So, now it is a re ...
WH: Reciprocal rates will be going into effect Aug. 1 🗓️
Yahoo Finance· 2025-07-31 21:28
will take effect tomorrow. Does that include the new auto rates for instance on Japan, Korea, the EU. Is this all coming effective tomorrow.So the countries, some of the countries you just mentioned, Japan, South Korea, they have bespoke trade deals that the president would negotiate with countries all around the world to cut um tailormade trade deals depending on those countries. Challenges of the our 18 major trading partners, twothirds of those trading partners have a deal. We've sent out 17 letters to c ...
Trump's tariff deadline, 3 reasons to consider Nike stock
Yahoo Finance· 2025-07-31 21:10
Market Domination anchor Josh Lipton breaks down the latest market news for July 31, 2025. President Trump's tariff deadline is fast approaching. Washington correspondent Ben Werschkul breaks down the latest developments. The July jobs report will be released on Friday. KPMG U.S. chief economist Diane Swonk discusses what to expect. Solidarity Capital CEO Jeff McLean explains his three reasons why Nike stock is a buy. Mclean also discusses why Citigroup is a stock to avoid. #youtube #stocks #news About Yaho ...
Demystifying venture capital for under-served founders
Yahoo Finance· 2025-07-31 21:03
The good part is this helps build your wealth and uh besides building your wealth, you're making an impact. You're leaving a legacy. You're changing things up. And so anybody that can put 2 to 5% of their portfolio into venture capital should be doing that. >> Welcome to So Fabulously, where raw honesty collides with your bank account and a respectable amount of litter. You know, if we had a dollar for every time someone told us that money was the same for LGBTQ plus people and for women, we would have enou ...
Zuckerberg spent the last quarter building an “elite” AI team at Meta.
Yahoo Finance· 2025-07-31 20:19
AI Development & Investment - Meta's strong business performance enables significant investment in AI initiatives [1] - Meta has established Meta Super Intelligence Labs, encompassing foundations product and fair teams, to develop next-generation AI models [1] - The company is building an elite, talent-dense team focused on pushing the frontier of AI models in the next year or so [1] AI Progress & Vision - Meta believes it possesses all necessary components to build leading AI models and deploy them to billions of users [2] - Meta has observed initial signs of its AI systems self-improving, albeit slowly, but undeniably [2] - Meta anticipates achieving super intelligence, defined as AI surpassing human intelligence in every aspect, is now within reach [2][3] - The company's investments in super intelligence are aimed at improving every facet of its operations [3]
LIVE: White House press secretary Karoline Leavitt holds briefing
Yahoo Finance· 2025-07-31 16:53
LIVE: White House press secretary Karoline Leavitt holds briefing #China #US #youtube #news 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: ...
FDA head talks rebuilding the food pyramid and cracking down on ultra-processed foods
Yahoo Finance· 2025-07-31 16:19
Regulatory Transparency & Flexibility - The FDA emphasizes regulatory flexibility, tailoring processes to specific conditions, especially rare and incurable ones, considering limited alternatives [1][2] - Drug developers and pharmaceutical companies deserve predictability, as highlighted by the framework for COVID vaccine regulation published in the New England Journal of Medicine [4][5] - The FDA aims for transparency by releasing decision letters to the public and drug developers, modernizing the agency, and addressing misinformation, including rewriting dietary guidelines with USDA [12][13] Vaccine & Booster Recommendations - While the CDC sets the vaccine schedule, the FDA has approved vaccines for high-risk populations; booster shots for low-risk individuals require more research [5][6] - There are scientific unknowns and polarizing views regarding the necessity and frequency of COVID boosters, especially for healthy young individuals, alongside concerns about vaccine injuries [8][9] Public Trust & Misinformation - Public trust in health institutions has significantly declined, with trust in doctors and hospitals dropping from 71% to 40% in the last four years, necessitating rebuilding efforts [10][11] - The FDA is addressing misinformation by rewriting the food pyramid with USDA, ending the "war on natural saturated fat," and clarifying the difference between whole grains and ultra-processed foods [13] Food & Dietary Guidelines - The FDA is taking action to remove petroleum-based food dyes, inspired by previous discussions on removing "poisons and chemicals" from the food supply [17][18] - The FDA acknowledges the addictive nature of processed foods, designed by food scientists, contributing to chronic diseases and insulin resistance in children [20][21] - The SNAP program now has waivers for states to restrict taxpayer dollars from being used for junk food and sugary drinks [22] Women's Health - Women's health issues have been historically overlooked, prompting the FDA to host a roundtable on hormone replacement therapy for perimenopausal women [25][26] - The NIH is refocusing its funding to study root causes of chronic diseases, including school lunch programs, sleep medicine, and environmental exposures [29] Opioid Crisis & Supplements - The FDA, along with the DEA, is taking action to schedule 7-hydroxy mitragynine (7-OHM), a synthetic opioid found in vape stores, which is 13 times more potent than morphine [35][36] - The FDA is concerned about the unregulated nature of supplements and the need for regulation to ensure Americans are taking trustworthy and healthy products [33]
Apple and Amazon earnings preview, Big Tech rally, Zeeker CEO on why he is against tariffs
Yahoo Finance· 2025-07-31 14:35
Market Trends & Trade - US imposed a deadline for trade deals, South Korea secured a deal with a 15% levy, avoiding a higher 25% rate, while India failed to reach an agreement and will face a 25% levy on its imports [2][4] - President Trump imposed a 50% tariff on copper imports, causing prices to fall over 20%, marking the metal's largest single-day decline since 1989 [4][5] Company Earnings & Performance - Microsoft is set to become the second company to reach a $4 trillion market capitalization, with its stock soaring over 8% after reporting better-than-expected quarterly earnings and a 39% rise in sales for its Azure cloud computing unit [16][17] - Meta's Q2 results outperformed expectations, with revenue growing 22%, and the company offered a better-than-expected outlook for Q3, driven by AI investments and growth in the digital advertising market [19][20] - Amazon shares are up over 3% pre-market, with analysts expecting revenue to grow by 95% year-on-year to $1622 billion, focusing on the AI-powered growth of Amazon Web Services Cloud [8][9] - Ford reported Q2 earnings better than expected but took an $800 million hit due to tariffs, which could amount to $2 billion for the whole of 2025 [26] - Rolls-Royce reported a 50% increase in underlying operating profit in the first half, jumping to £173 billion (approximately $229 billion) from £115 billion a year earlier, with its market value almost doubling in 2025 [44][45] - Carvana reported a six-fold increase in net income and record quarterly sales of used vehicles, with shares jumping as much as 17% in after-hours trading [41][42] AI & Technology - Apple faces challenges including an estimated $20 billion a year hit to its services business due to the Justice Department's antitrust lawsuit against Google and struggles with its AI development [7] - Akre ASA, a Norwegian Industrial Conglomerate, saw its shares pop by more than 10% after announcing a partnership with OpenAI and Nscale Global Holdings to build a major AI facility in Northern Norway, investing $1 billion in phase one [37][38][39] Monetary Policy & Economy - The Fed kept rates steady for the fifth straight time, with the core PCE price index expected at 03%, while inflation stands at 27%, still above the Fed's 2% target [46][47]
Venture capital is booming, but only if you’re in AI
Yahoo Finance· 2025-07-31 13:13
64% of venture capital funding this year has gone straight to AI startups, leaving consumer ventures starving for cash. That’s what Bryanna Samuels, a Wall Street-trained VC investor, reveals on Stocks in Translation. Samuels explains how public markets shape private valuations, breaks down the power-law math behind unicorn investing, and warns that emerging fund managers face longer fundraising timelines and fewer dollars. Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers an ...
Meta and Microsoft stocks surge on earnings reports that topped Wall Street's expectations
Yahoo Finance· 2025-07-30 23:08
Look at that move in the price. Yeah, Josh, you're seeing a big move in Meta there. Shares up almost 9%.So, I want to just hit the high level numbers here for you first. So, in that second quarter, Meta reporting adjusted earnings per share of $7.14%. That was against a street estimate of 5.89%.So, pretty significant beat there. Then you move over to Meta's Q3 guidance. That also coming in better than expected at least up from a sales perspective.Meta guiding for a range of 47.5% billion to 50.5% billion. S ...