Yahoo News

Apple could have 2 non-China problems on its hands in 2023: Analyst

Apple (AAPL) could have a few other problems on its hands in 2023 besides an uncertain manufacturing situation in China, according to one Apple bull on the Street. “I think there are two main issues lying ahead of Apple for 2023,” Oppenheimer analyst Martin Yang said on Yahoo Finance Live (video above). “Number one is we’ve seen two years of very strong upgrade and replacement cycle for iPhone, … and that replacement cycle strength may weaken into ’23 by two factors. One is the majority of… Source link

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Apple could have 2 non-China problems on its hands in 2023: Analyst

Apple (AAPL) could have a few other problems on its hands in 2023 besides an uncertain manufacturing situation in China, according to one Apple bull on the Street. “I think there are two main issues lying ahead of Apple for 2023,” Oppenheimer analyst Martin Yang said on Yahoo Finance Live (video above). “Number one is we’ve seen two years of very strong upgrade and replacement cycle for iPhone, … and that replacement cycle strength may weaken into ’23 by two factors. One is the majority of… Source link

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Yahoo wants to launch a trading platform to become the ‘Bloomberg’ for retail investors, report says

Yahoo execs want to build a retail trading platform in an effort to bolster growth, Axios reported. Yahoo reported $7.1 billion in full year revenues in 2020. Yahoo is mulling plans to launch a stock trading platform to bolster growth, mounting an effort to become the Bloomberg for retail investors, Axios reported Tuesday. Yahoo, which was acquired by private-equity giant Apollo Global Management, has a slew of initiatives in mind to expand its commerce and transactions businesses. (Apollo… Source link

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Yahoo Plays and Strategy for Tuesday, November 29

This article is part of our Yahoo DFS Basketball series. Tuesday doesn’t exactly bring a ton of action in the NBA with only three games on the schedule. The most exciting matchup will see Luka Doncic and the Dallas Mavericks host Stephen Curry and the Golden State Warriors. The Mavericks are 8-3 at home, while the Warriors are just 2-9 on the road. Let’s dig into these three matchups and highlight some players to consider for your Yahoo lineups, as well as a few to possibly avoid.

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Lordstown stock higher as first deliveries begin

Lordstown Motors (RIDE), the embattled EV truck maker, finally has some good news to share with the automotive world, and investors. The company’s long-awaited EV pickup, the Endurance, has achieved full homologation, meaning it now complies with safety requirements for sale in the U.S., the company said. In addition, the Endurance has received EPA and CARB (California Air Resources Board) certification, meaning it is now rated by both agencies. Finally, and most importantly, the company… Source link

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‘Cash is king’ right now, says strategist

Rallies within the current bear market are a good time to reallocate holdings — and staying in cash isn’t a bad idea, says one strategist. “We’re recommending to take advantage of these times when the market is having a bull rally, during this bear market — to reallocate portfolios —to clean up some of the holdings that you don’t want any more and repositions to things that we like,” Kathy Entwistle, managing director at Morgan Stanley, told Yahoo Finance Live. “Surprisingly,… Source link

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Bank of America sees stocks going nowhere in 2023

Roughly a year from today, the S&P 500 will likely have gone nowhere, strategists at Bank of America Global Research said in their year-ahead outlook published Monday. Equity strategists at BofA set a 2023 year-end price target of 4,000 on the benchmark index — an increase of less than 1% from Monday’s close of 3,963.94 — as annual earnings per share for the S&P 500 are seen declining 9% next year to $200. This drop in earnings reflects a figure roughly 15% below current estimates. In… Source link

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TikTok is ‘literally like a communications network’ for the Chinese Communist Party

TikTok has become enormously popular with teens and young adults globally, and one U.S. senator is sounding the alarm on the security risks that the Chinese-operated app poses to the general public. “My kids are now in their early 30s and late 20s, so I can’t completely regulate what they’re doing,” Sen. Mark Warner (D-VA) recently said on Yahoo Finance Live (video above). “But if I had young kids, I wouldn’t want them on TikTok.” Warner, a former technology and telecommunications executive… Source link

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Yahoo eyes $8 billion in annual revenue as it explores more deals following Taboola partnership

Photo illustration by Jakub Porzycki/NurPhoto via Getty Images Yahoo’s latest deal underscores its move to boost revenues and use its cash to grow its core businesses, including Yahoo Sports, Yahoo Finance and Yahoo Mail. Why it matters: Acquired last year by Apollo Global Management, Yahoo plans to add on new commerce and transaction businesses, such as sports betting and, according to a company source, retail stock trading. Of note: Yahoo generates around $8 billion in GAAP revenues… Source link

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Rainbow flag-waving protester invades pitch during Portugal-Uruguay match

Ronaldo watches as a protester carrying a rainbow flag runs onto the field Monday during Portugal’s game versus Uruguay at the Qatar World Cup. (Photo by Francois Nel/Getty Images) LUSAIL, Qatar — In what initially appeared to be the first in-game demonstration in support of LGBTQ rights at the 2022 World Cup, a protester disrupted Monday night’s game between Portugal and Uruguay by running onto the field with a rainbow flag. The protester also wore a shirt that read “RESPECT FOR IRANIAN… Source link

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