Just like that, the crypto bears have resurfaced. The fall has brought a bear market for bitcoin and other cryptocurrencies. Experts cite a range of factors. For one, the Fed's lack of enthusiasm for a December rate cut has reduced investors' risk appetite. Crypto is still one of the riskiest assets in the game. And two, a questionable presidential pardon of Binance founder Changpeng Zhao has cast new scrutiny on the cast of characters continuing to linger in the crypto space. How long will the bear market ...

Holiday Spending Trends - AAA estimates nearly 82 million Americans are expected to travel at least 50 miles away from home over the Thanksgiving week [4] - The average consumer is looking at just over $700 for their holiday expenses [18] - The National Retail Federation forecasts US holiday sales will surpass $1 trillion for the first time ever this year [29] - KPMG estimates consumer holiday shopping will rise 46% this year compared to a year ago, or that's about $847 per shopper [34] Credit Card Strategies - Opening a travel rewards credit card can help save on holiday trips due to extra spending [2][5] - Consumers should look for points and miles cards for travel or cashback cards for everyday expenses [11] - Travel cards offer benefits like trip delay, cancellation insurance, and rental car insurance [13][14] Saving and Budgeting Tips - Consumers are advised to start holiday expense planning early to get budgets in order and comparison shop [19][20] - Consider a seasonal side gig to pad the budget and avoid relying on credit cards [23][24] - Whittling down the gift recipient list or doing a gift exchange can save money [25][26] - Consumers should check credit card rewards for unused points to offset holiday costs [27] Impact of Tariffs and Inflation - Tariffs have disrupted supply chains and led to higher prices for some products, especially electronics [29][30] - There is still a 50% tariff on most Indian goods [31] - Tariffs can drive prices sharply higher: over 30% for smartphones, 34% for laptops and tablets, and 69% for video game consoles [31] Retail Strategies and AI - Retailers are giving consumers more options and availability to shop early [36] - 41% of consumers are already using AI for research, searching products, and comparison shopping [42] - AI can be a personal shopping agent to narrow down shopping results and find the best prices [45][46] Labor Market - Retailers are hiring fewer seasonal workers this year compared to 2024 [48] - Searches for seasonal holiday work were up 27% at the end of September compared to a year earlier [54]

Market Sentiment and Macroeconomic Factors - The crypto market is likely approaching a bottom, with value emerging and stabilization observed in market drivers [1] - Macroeconomic shifts, particularly changes in US policy outlook and concerns about the labor and credit markets, have weighed on crypto [2][3] - A "jittery" crypto market exists due to concerns around a perceived 4-year cycle, though this perception may be misguided [4][5] - Crypto is no longer an isolated ecosystem; it's a $4 trillion mid-size alternatives asset class correlated to the broader economy [8] Institutional Investment and Market Structure - Misperception exists that digital asset treasuries are selling off crypto due to price drops; however, there has been virtually no selling by these vehicles [12] - Progress on market structure legislation in the US Senate is a potential positive catalyst for driving institutional investment [14][15] - Investors should focus on ETF flows as a barometer for shorter-term market sentiment; stabilization in these flows could confirm a bottom [16][17] Portfolio Diversification - Crypto, like other commodity markets, exhibits some beta to broader equity market moves and Fed policy, but also marches to its own drummer, offering diversification benefits [9] - Incorporating crypto into a diversified portfolio is still seen as beneficial for the longer term, despite recent market moves [10]

[music] [music] Hello and welcome to Ask for a Trend. I'm Josh Whipton. For the next half hour, we are breaking [music] down the trends of today that'll move stocks tomorrow.There's a lot to keep track of, so we're focusing on [music] what you need to know to get ahead of the curve. Here are some of the trends we're going to be diving right into. A stunning reversal on Wall Street Thursday.[music] Dow industrials erasing a 700 point gain. The NASDAQ sinking 2%. Strong results from Walmart, Nvidia, [music] n ...

Market Performance & Trends - The Dow Jones Industrial Average experienced a significant reversal, closing down 0.8% after starting much higher [1][2] - The NASDAQ Composite closed down 2.15%, near its daily lows, reversing from a green first half of the day [2] - The S&P 500 also followed a similar pattern to the NASDAQ, closing down 1.5% [2] - The NASDAQ 100 experienced a rare occurrence, reversing from being up 2% to closing down more than 2% [3] - The VIX (Volatility Index) closed at 26.51%, the highest level since April [3] - Bitcoin experienced a decline of 3.5% over 24 hours, reaching an 86 handle, with market troubles starting when it cracked 90,000 [8] Sector Performance - Only staples (XLP) were in the green, up about 0.8% [4] - Technology (XLK) reversed from a leadership position, closing down 3% [4][5] - Industrials were down about 1.5% [5] - The chip space experienced outsized losses, with some names down double digits [6] - The software sector also saw losses, though not as severe as the chip sector [7] AI & Tech Industry - Nvidia's earnings beat provided some relief, but concerns about an AI bubble persist [9][10] - Nvidia's investment strategy and its impact on the ecosystem are being scrutinized [14] - Oracle secured a significant contract with OpenAI, leading to discussions about its valuation [21][22][23] - Nvidia is now the largest networking company, surpassing Cisco's networking business [31] Economic Indicators & Labor Market - Gen Z unemployment is increasing, rising as much as 3.5 percentage points for teenage workers [33] - Wage growth for younger workers is slowing dramatically [39] - Consumer sentiment is forecasted to rise to 50.6%, indicating slight optimism about the economy [52] Retirement Savings - Fidelity reported a record number of Americans reaching 401k millionaire status, with millennials showing significant growth [44][45] - The average 401k balance at Fidelity was approximately $144,000, up 5% [46] - The average savings rate for 401k millionaires is 17.6%, with a total contribution rate (including employer contributions) of 26.2% [48]

We've seen a lot of volatility in this data, but they still view this as healthy. Taking a look at the actual report, you looked at payroll growth that rebounded strongly to by 116,000 jobs for the month of September versus the expectation for 51,000. And we know that given lower immigration, the so-called break even rate, that is the number of jobs that need to be added in this economy to hold the unemployment rate steady, has fallen.There is some reassuring element in this September report still in the se ...

Are entrepreneurs born or made? This Harvard professor built a full curriculum to answer that. This week on The Big Idea with Elizabeth Gore, Alignvest Management Corporation Managing Partner and Harvard Business School professor Reza Satchu joins the show to answer the question: Can entrepreneurship be taught? Satchu shares his expert insight on the skills needed to become an entrepreneur and how he teaches his students to become top founders in their respective fields. Yahoo Finance’s The Big Idea with El ...

Market Dynamics - Sizable purchase orders did not materialize due to geopolitical issues and increased competition in China [1] - The company is disappointed that the current state prevents shipping more competitive data center compute products to China [1] - The company is committed to engaging with the US and China governments to advocate for America's ability to compete globally [1] Strategic Focus - To establish leadership in AI computing, America must win developer support and be the platform of choice for every commercial business, including those in China [1]

Market Overview & AI Impact - Nvidia's strong quarter and bullish guidance alleviate AI bubble fears, driving market gains [2][3] - Tech sector outperforms, up 235%, with broad gains across industrials, consumer discretionary, financials, and other sectors [6][7] - AI-related stocks dominate market cap, reminiscent of railroads in the 19th century, indicating a significant AI influence [60] - Market sentiment shifts to "risk on," with meme stocks showing green and crypto experiencing slight gains [11][12] Company Performance & Strategy - Nvidia's revenue growth jumps by $10 billion due to increased US wafer production and partner readiness [20] - Walmart's e-commerce sales increase by 27%, demonstrating strong execution and technology adoption [14][41] - Macy's stock rises 62% in 6 months due to same-store sales increase and portfolio adjustments [47][50] - Walmart is shifting its listing to NASDAQ, signaling its focus on technology and AI [39][61] Economic Indicators & Consumer Behavior - Walmart expects a strong holiday season, but notes pressure on low-income consumers due to wage growth [37][39] - Consumer confidence declines despite stock market gains, attributed to cumulative inflation [35][36] - The odds of a Fed rate cut in December increase from 30% to 42%, influenced by the jobs report [64] Investment Opportunities & Risks - Analysts raise price targets for Nvidia, encouraged by a $500 billion pipeline [26][27] - Some analysts suggest potential overspending in AI, questioning the economics of GPU purchases [24] - Consumer discretionary stocks are cut by fund managers, potentially creating opportunities in turnaround stories like VF Corp and Nike [57][58]

Welcome to Yahoo Finance's special coverage of the September jobs report. I'm Julie Hyman and we are just moments away from the September payroll sprint. Let's get a check on stock futures ahead of those numbers.Of course, there is a big other factor to consider today when you're looking at stock futures and that is Nvidia and its blowout numbers are reported last night. That's setting NASDAQ futures higher by 1.6%. S&P and Dow futures are also participating and we'll see how the September jobs report affec ...