Waymo, which has about 700 vehicles in its fleet, is the only U.S. firm operating uncrewed robotaxis that collect fares. https://yhoo.it/4dwBlg6
Yahoo Finance
Online Audio and Video Media
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Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Sign up for our daily morning newsletter, the Morning Brief through our profile URL. Sign up for Yahoo Finance's Morning Brief Newsletter. Need-to-know market analysis and finance news delivered right to your inbox: https://bit.ly/3Fq3C7C
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Updates
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As investors anticipate the Federal Reserve to cut interest rates this September, what implications does this have for Americans' personal finances, particularly regarding debt? Tayne Law debt relief attorney Leslie H. Tayne, Esq. sat down with Yahoo Finance's Brad Smith to discuss how to approach debt management in light of this upcoming interest rate shift. Tayne emphasizes that individuals with debts should be "paying close attention" to the Federal Reserve's rate cut decision, "because now’s the time to start thinking about what your budget’s going to look like." She advises individuals to be mindful of the amount of debt they accumulate during this transitional period. More: https://lnkd.in/eyXawh6d #yahoofinance #finance #economy #personalfinance #money
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Target is hitting its goals. In its second quarter report, Target's 28.9% gross profit margin beat estimates, up from 27% a year ago. https://yhoo.it/4g8aQzt
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Yahoo Finance reposted this
Locked in today on the Yahoo Finance Opening Bid podcast. Two all-stars in the house. Yahoo Finance anchor Julie Hyman made a guest appearance, and came fired up about stock prices. BlackRock chief investment officer of fixed income Rick Rieder was fired up about everything: stocks, bonds, everything! A few things we learned: 😎 Rick is still waking up around 3am to trade stocks. 📈 Julie has Fed stuff on her mind. 😱 It's reasonable to expect wild market swings getting closer to the election. Full watch here or on your favorite podcast platform! https://lnkd.in/grRSqKTM
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The US economy employed 818,000 fewer people than initially as of March 2024, showing the labor market may have been cooling long before initially thought. https://yhoo.it/3SYUXRX
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Gold is in focus as its price hovers near an all-time high. UBS analysts have issued a bullish forecast, predicting that the precious metal could reach $2,600 per ounce by the end of 2024. Yahoo Finance's Madison Mills breaks down how potential market volatility risks could end up driving a gold rally. More: https://lnkd.in/eBzv9RFt #yahoofinance #finance #markets #money #economy #investing
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Target shredded Wall Street profit forecasts on Wednesday, topping them by $0.39 a share on the back of renewed traffic to stores. Traffic increased by 3%, with all six departments at Target contributing to the improvement. Shares in Target jumped more than 13% in premarket trading after the report. https://yhoo.it/3YWKU3p
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More Americans are looking for jobs and unemployment worries are at their highest level in a decade, according to a new survey. According to the NY Fed, the average expected likelihood of becoming unemployed in the next four months reached 4.4% in July, the highest in the survey's 10-year history. https://yhoo.it/3AAtJL6
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The S&P 500 is back near all-time highs. A recent rally in tech, including a nearly 30% pop in Nvidia, has helped bring the index up more than 7% since its Aug. 5 bottom. https://yhoo.it/3yNz5C8
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Netflix stock nabbed a closing record on Tuesday, finishing the day up more than 1% to trade just under $699 a share. The stock's previous record close was just below $692 in 2021. Earlier in the session, the stock also hit an intraday record of $711 a share, ahead of its prior $701 intraday high. https://yhoo.it/3MkmglD
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