Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.A possible trade truth with China. Treasury Secretary Scott Besson saying there is a quote very successful framework for a deal. That's ahead of President Trump's meeting with Chinese President Xiinping on Thursday.Some of the key issues in focus, soybeans, rare earth minerals, tariffs, and fentanyl. Futures have been rallying on the news, and all three major indices are set to ...

[Music] Hello and welcome to Morning Brief Market Sunrise. I'm Ramsan Karamali live from Yahoo Finance Studios in London. It's Monday 27th October.It's a big tech earnings week coming up on the show. So the US and China agree on a framework for a trade deal. Then there were five.Trump says he could name his next Fed chair before year end. and I'll tell you about a stock that's up nearly 900% in just six months. So, grab your coffee and let's own the morning.[Music] Well, the first thing you need to know is ...

Opening Bid Unfiltered is available on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. Retail turnarounds aren’t easy. That’s especially the case now as the Trump administration tariffs weigh on apparel margins and consumer sentiment. Can one be pulled off successfully against this uncertain backdrop? Yahoo Finance Executive Editor Brian Sozzi discusses the Opening Bid Unfiltered podcast with Stitch Fix (SFIX) CEO Matt Baer. Baer joined Stitch Fix in June 2023, after spending time in e- ...

Gen Z is stepping in to save the day. 340,000 accountants have quit the profession in the last 5 years, and three out of the four of those left are expected to retire in the next decade, according to Bloomberg. And guess what.America's tax system is just getting more complicated. But just as the industry faces a massive shortage, students are volunteering to join the IRS's income tax assistance program, filing taxes for free for low-income Americans. California State University says that in 2024, its studen ...

Energy Industry Overview - Electricity is considered the new oil, with natural gas and nuclear energy positioned as future energy supply sources [1] - Data and electricity are essential for the functionality of AI, including applications like Chat GPT [1] Electricity Demand Trends - US electricity demand had been flat for the past two decades, but is now changing and expected to accelerate significantly over the next two decades [2] - The increasing electricity demand necessitates the utilization of all forms of energy supply sources [2] AI and Infrastructure - The energy sector is evolving rapidly, driven by the focus on AI and the future economy [3] - AI development is heavily reliant on infrastructure, creating opportunities for investors [3]

I took a cab ride one evening with a professor who said to me, "I have a childhood friend uh who runs a small handbag company and he's looking for a protetéé. Do you have any interest?" And uh four interviews later, I accepted his offer. >> That was what n was 1979. >> 1979.>> Wow. What was Coach in those early days. >> Coach was a uh maker of natural leather cowhide bags.Durable quality leather developed a patino over time. And even though the business was small, only $6 million, it had a very loyal and de ...

AI Investment and Market Dynamics - Big Tech companies like Microsoft, Amazon, Google, and Meta are making prudent AI investments to match customer demand, supported by long-term contracts [1] - Some entities are creating special purpose vehicles for AI investments, funded by tens of billions of debt, which could be a sign of a potential bubble [1][2] - Nvidia's practice of investing in companies like OpenAI, which then commit to Nvidia's chips, is considered an unhealthy behavior, especially when funded by high-leverage debt [1] - OpenAI, while not currently selling ads, is expected to eventually enter the advertising market and take market share from Meta, Google, and ByteDance (TikTok) [5][6] Ad Market Performance - Meta's ad revenue grew 22% last quarter, while Google's grew 12%, but the gap is expected to narrow [4] Apple's Performance and Geopolitical Risks - The strength of the current iPhone upgrade cycle is uncertain, and Apple's stock is currently expensive relative to its growth potential [7][8] - US-China trade tensions pose a risk to Apple, adding volatility, but this risk is largely priced in [10] - There is a slow decoupling from China, with Apple pulling production out of China and Nvidia moving production out of Asia [10][11]

Financial Performance - Tesla's Q3 adjusted EPS was $0.50, versus consensus at $0.54 [1] - Tesla's Q3 revenue was $28.10 billion, beating the street's expectation of $26.36 billion [1] - Q3 gross margins were better than expected [1] - Q3 free cash flow was $3.99 billion, beating the estimate of $1.25 billion [2] EV Market and Demand - The expiration of EV tax credits in the US may lead to a decline in Q4 deliveries and overall deliveries in 2026 [49] - Tesla's EV sales potential is estimated to be around 1.9 million units per year [6] - Analysts estimate Tesla is looking at more like 1.6 million cars next year [7] - Tesla released two models under $40,000, but they may still be more expensive than comparable midsize SUVs [51][52] Autonomous Driving and Robotics - The autonomous valuation is believed to be worth $1 trillion alone to the Tesla story over the next few years [55] - Tesla aims to transition from selling cars to software and robotics in the future [56] - The success of Tesla's robo taxi business depends on the software's functionality, safety, and regulatory approvals [60] - Analysts predict that in 2-3 years, it will become commonplace to have robots in houses [35] Executive Compensation and Governance - Shareholders are expected to approve Elon Musk's potential $1 trillion pay package [62][63] - The pay package incentivizes Elon Musk to grow Tesla's market cap to a maximum of $8.5 trillion and successfully roll out robo taxis and Optimus robots [63]

Market Analysis - The Magnificent 7 stocks lack a margin of safety [1] - The Magnificent 7 are trading at 30 times earnings [1] - Earnings growth for the Magnificent 7 has fallen from 32% to 14% year-over-year [1] Company Performance - Netflix and Tesla are experiencing margin compression [1] AI Investment - Netflix and Tesla are not the biggest spenders in AI [1] - The biggest vendors in AI are yet to be seen [1]

I can't guarantee you that your flight's going to be on time. I can't guarantee you that your flight's not going to be cancelceled. It's going to depend on our air traffic controllers coming in to work every single day.>> There is not an existing pot of money that could cover the air traffic controllers salaries right now. And so that is why we have to get the government reopen. >> A week ago, air traffic controllers got 90% of their pay.Next Tuesday is the first paycheck that they will not receive for the ...