This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, January 3, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. After a brutal 2022, investors are thrilled to see the calendar flip over to 2023. The S&P 500 suffered its worst year since… Source link
Read More »Stocks usually go up. Just make sure to give it 20 years.
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, January 3, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. After a brutal 2022, investors are thrilled to see the calendar flip over to 2023. The S&P 500 suffered its worst year since… Source link
Read More »Starbucks, with the new Pistachio Cream Cold Brew, bets more on chilly drinks
Starbucks is adding a new, limited-run, cold brew option, reflecting continued sales growth in the cold drink category at the coffee chain and the industry in general. The coffee giant today unveiled the Pistachio Cream Cold Brew. The new, iced option is part of Starbucks’ winter menu. The drink is sweetened with vanilla syrup and is topped with pistachio cream cold foam and brown buttery sprinkles. In addition to the cold brew, the Pistachio Latte returns to menus, along with the bakery item,… Source link
Read More »For one night, the NFL machine had to stop in response to gravity of Damar Hamlin injury
Someone made the right call. The human call. The only call, really. When it mattered, when only the compassionate decision made sense, the show did not go on. Instead, Monday Night Football ended in a maelstrom of agony, frustration and 1,000-yard stares. We watched as two teams locked arms in a cocoon of humanity around Buffalo Bills safety Damar Hamlin, who was receiving CPR compressions after colliding with Cincinnati Bengals wideout Tee Higgins and then falling unconscious in front of a… Source link
Read More »The harsh reality for investors eyeing tech stocks in 2023
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, January 2, 2023 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Yes, markets are closed today. So you are probably wondering why I’m delivering a Morning Brief newsletter directly to… Source link
Read More »Here’s what Google will need to break even
Execs at Alphabet (GOOG, GOOGL) better hope people really, really enjoy watching football on YouTube instead of — or in addition to — their broadcast networks. Baird internet analyst Colin Sebastian estimates in a new note that Alphabet-owned YouTube TV will need to attract 2.25 million annual subscribers for Sunday NFL Ticket to reach a revenue breakeven point. “We estimate that roughly 1.7 million would be new subscribers to YouTube TV (and pay the standard YTTV monthly fee), with about… Source link
Read More »Active investing poised to be on the rise in 2023
As 2022 nears a wrap, a trend is emerging that’s expected to gain traction next year — actively managed investment strategies — along with a custom strategy for people who like the idea of investing in a basket of companies, but want more control of what they invest in. Assets in direct indexing are expected to climb to $825 billion by 2026, from roughly $462 billion now, according to Cerulli Associates, a global research and consulting firm, based in Boston, Mass. That tops growth… Source link
Read More »Editors’ picks are in! Here are the 12 products Yahoo staffers loved most in 2022 — all under $40
Our editors’ picks cover everything from beauty and health to fashion and laundry. (Photo: Amazon) Think you love shopping? Try being a shopping editor or writer! We’re constantly on Amazon scrolling through the best deals on the most popular, top-rated products sitewide. That means our personal shopping lists are long, but we’re also pretty discriminating. When it comes to editors’ picks — the things we actually spend our money on — only the best of the best make the cut. So we rounded up… Source link
Read More »Southwest stock sinks after mass flight cancellations, scrutiny from Biden admin
Shares of Southwest (LUV) sank as much as 6% on Tuesday after the airline canceled thousands of flights, leaving passengers stranded at airports and drawing scrutiny from federal officials. Southwest had canceled more than 2,590 flights on Tuesday as of 2:30 p.m. ET, or about 63% of its scheduled flights, according to tracker FlightAware. The disruption exacerbates a meltdown that began over the holiday weekend and saw 2,900 flights canceled on Monday. The U.S. Transportation Department (USDOT)… Source link
Read More »China stocks tell 2 different stories about the economy
Chinese stocks listed in the U.S. were mostly higher on Tuesday amid optimism around Beijing’s decision to drop COVID-19 quarantine rules for inbound visitors, as the world’s second-largest economy abandons its long-held “COVID Zero” policy. But the slide in shares of EV makers like Tesla (TSLA) and a drop in Apple (AAPL) stock shows the all-clear hasn’t yet been given on negative impacts from the Chinese economy. And this divided reaction on Chinese stocks shows investors both holding out… Source link
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