Workflow
Yahoo Finance
icon
Search documents
Bitcoin bounces back, Dell founder gifts $6 billion for 'Trump accounts'
Yahoo Finance· 2025-12-03 05:21
Market Domination anchor Josh Lipton breaks down the latest market news for December 2, 2025. Bitcoin hovers below $92,000 as the cryptocurrency tries to hold onto Tuesday's gains. Yahoo Finance senior markets reporter Ines Ferré breaks down the price moves in the crypto space, along with taking a look at crypto-related stocks. Dell Technologies founder, chairman, and CEO Michael Dell and his wife, Susan Dell, are pledging $6.25 billion to "Trump accounts" for 25 million kids in the US. Yahoo Finance Washin ...
Yahoo Finance: Market Coverage, Stocks, & Business News
Yahoo Finance· 2025-12-03 05:21
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://www.instagram.com/yahoofinance/?hl=en TikTok: ...
CrowdStrike beats Wall Street expectations
Yahoo Finance· 2025-12-02 23:17
Well, Crowd Strike is just out now with its third quarter results. Let's get you those numbers. Q3 EPS 96 cents versus an estimate of 94 cents. Q3 revenue 1.23% billion versus an estimate of 1.21% billion.So, beats there on the bottom and the top. Let's get to the guidance. Q4 adjusted EPS calling for between 109 to 111.The estimate was 108. Q and Q4 revenue, they're calling for between 1.2% 29 or 1.3% billion. The estimate was 1.29% billion.And for fullear revenue outlook, they're now seeing, it looks like ...
New rules for charitable giving, Black Friday weekend brings record shopping
Yahoo Finance· 2025-12-02 23:03
Retail & Consumer Trends - The Thanksgiving weekend saw a record of nearly 203 million shoppers, up from 197 million last year, indicating strong consumer demand driven by promotional deals [3][4] - 54% of shoppers took advantage of early holiday sales, potentially impacting December sales due to front-loading [8] - Consumers have completed about 40% of their holiday shopping, leaving 53% of shopping for the holiday season [12] - Top purchased items include clothes, toys, and books, while gift cards are the most desired items [14] - American Eagle reported better-than-expected revenue with double-digit comparable sales increase and positive growth, raising its fourth-quarter operating income outlook [55][56] Economic Outlook & Market Analysis - The consumer is seen as sentimentally weak but fundamentally sound, with wages exceeding inflation for 30 straight months and low unemployment [16] - The US Dollar Index is being closely watched around its 50-day moving average, with potential implications for commodities, crypto, and stocks [24][27] - Bitcoin experienced a significant dip followed by a rebound, finding support around $85,000, but further washout is anticipated before a clear bullish trend [32] Charitable Giving & Tax Planning - New tax rules in 2026 will limit deductions for charitable giving to amounts exceeding 05%-1% of adjusted gross income [39] - Donor-advised funds are highlighted as a strategy to frontload giving and maximize tax deductions, especially beneficial for smaller donations [42][49] - Americans are generous, giving more than twice as much as a percentage of GDP compared to other countries [48] Technology & Software - Intel is up almost 85%, NXP up 8%, Texas Instruments up 4%, indicating the AI chip sector is still active [21][22] - GitLab's fourth-quarter sales forecast is weighing on the stock, despite adjusted earnings per share coming in at 25 cents versus estimates of 20 cents, and revenue beating analyst estimates coming in at $2444 million versus $2395 million estimated [57]
Congress questions if regulators are independent of the president.
Yahoo Finance· 2025-12-02 22:30
I have a question about the independence of regulatory agencies. Start with the Fed. Do do you see your regulatory agency as independent of the president or as a creature of the president. >> The Federal Reserve is an independent a-olitical agency. >> The FDIC is defined by statute as an independent regulatory agency.We have also always tried to coordinate our activities with other agencies throughout the government. >> NCUA is an independent agency within the executive branch. One way you could describe ou ...
Dell CEO pledges $6.25B to fund 'Trump Accounts' for 25 million kids. 💰
Yahoo Finance· 2025-12-02 21:20
Susan and I are super excited to announce our $6.25% billion gift to 25 million American children. We believe the smartest investment that we can make is an investment in children. Our gift will cover most of the children that are 10 and under that are not part of the federal program, the zero to two year olds and who also live in zip codes where the median income is $150,000 or less.We believe that when children have a future that they can see is worth saving for, then that will help build hope and opportu ...
Trump: Even Jamie Dimon said Powell should be reducing rates.
Yahoo Finance· 2025-12-02 19:00
Even Jamie Diamond said he should be reducing rates. I never saw Jaime Diamond say that. I wonder why he said that, but he really said it because he's right.But we have a guy that's just a stubborn ox who probably doesn't like your president, your favorite president. But uh they're going to be coming down. We'll be announcing somebody uh probably early next year for the new chairman of the Fed. ...
Why retirees are finally taking crypto seriously
Yahoo Finance· 2025-12-02 18:29
Cryptocurrency is gaining ground as an increasingly important asset across the world of finance, but does it hold promise as a way for retirees to grow their nest eggs? This week on Decoding Retirement, Robert "Bob" Powell speaks with Coinbase's chief security officer Philip Martin about the promise and perils of crypto. Martin discusses how to determine if a crypto platform is trustworthy, the basics of blockchain technology, and what red flags to look out for in transactions involving cryptocurrency. Yaho ...
Strategy CEO talks bitcoin investing strategy amid volatility, buying opportunities
Yahoo Finance· 2025-12-02 17:32
Strategy shares are back in the green along with Bitcoin today. Now, CEO Fong Lee made headlines when he said on the podcast podcast, "What Bitcoin did, that the company would consider possibly selling some of its cryptocurrency if needed to cover its dividend." But then the company announced it had acquired 650,000 Bitcoin. Now, that's the total, just over 3% of the total supply.It also established a $ 1.44% 44 billion US cash reserve that would cover that dividend for 21 months. Fong Lee is joining me now ...
OpenAI CEO Sam Altman reportedly sends out 'code red' warning over AI competition
Yahoo Finance· 2025-12-02 17:02
AI Market Competition & Dynamics - Google's Gemini 3 has leapfrogged OpenAI in LLM performance, intensifying competition in the AI space [4] - The AI sector is becoming a "blood sport" among large, capitalized organizations, increasing the risk of overspending and outdoing each other [4] - Rotation into Google and Broadcom from Nvidia and Oracle indicates investors are acknowledging risks in the AI space [6] - OpenAI's $1.4 trillion spending commitments are causing uncertainty among investors, especially with Google's advancements [7] - Google's integration of Gemini into its search engine allows it to compete with ChatGPT while maintaining its ad revenue stream [20][21] Impact on Companies - OpenAI's potential decline could negatively impact the broader AI ecosystem and related trades [13][15] - Meta is positioned as a strong player in AI, not heavily reliant on OpenAI and capable of funding its own projects [17][18] - AMD shareholders should be concerned if OpenAI cannot deliver on its commitments, potentially affecting AMD's deal with OpenAI [19] - Nvidia's stock fell upon reports of Google and Meta's potential deal with Google's TPUs, indicating market sensitivity to AI chip competition [19] Macroeconomic Factors - The Fed's actions are becoming less relevant, with a large balance sheet and potential rate cuts adding fuel to a speculative environment [9][10][11]