Yahoo News

Netflix (NFLX) stock sank 7% in early trading on Thursday after a new report from Digiday said the streaming giant is falling short on viewership guarantees it made to advertisers for its new ad-supported tier. According to Digiday, which cited five agency executives, Netflix is now allowing ad buyers to take their money back after missing viewership targets. The company reportedly only delivered around 80% of the expected audience. Yahoo Finance reached out to Netflix for comment but did not… Source link

So much for dining out on a dime. Menu prices are up significantly, 12.9%, at fan favorites like Wendy’s (WEN), Chick-fil-A, Taco Bell, Burger King and McDonald’s (MCD). The most expensive of the five fast food joints? Wendy’s. Over the past year the cost to dine at the Dublin, Ohio-based chain increased by 35%, making it the largest bump across the Big Five this year. That’s according to new data from Pricelisto.com, which gathered the data from in-store visits, phone interviews and uploaded… Source link

Tesla (TSLA) CEO Elon Musk’s selling spree continues, to the chagrin of Tesla investors who can’t seem to catch a break. In a filing yesterday, Musk disclosed that he sold 22 million shares of Tesla stock Monday through Wednesday. The value of those Tesla stock sales was around $3.6 billion. Tesla shares have been under immense pressure the past few days, with shares down nearly 13% since the start of the week. Musk’s stock sales this week bring his total amount sold since April, when he… Source link

Tesla (TSLA) CEO Elon Musk’s selling spree continues, to the chagrin of Tesla investors who can’t seem to catch a break. In a filing yesterday, Musk disclosed that he sold 22 million shares of Tesla stock Monday through Wednesday. The value of those Tesla stock sales was around $3.6 billion. Tesla shares have been under immense pressure the past few days, with shares down nearly 13% since the start of the week. Musk’s stock sales this week bring his total amount sold since April, when he… Source link

U.S. stock futures descended Thursday morning as Wall Street reeled from another sizable rate hike by Federal Reserve officials and assessed similar moves by central bank officials across the Atlantic. The European Central Bank and the Bank of England followed the U.S. Fed in raising interest rates by 50 basis points Thursday morning. The BoE’s hike brought rates in the country to their highest since 2008. Futures tied to the S&P 500 (^GSPC) slid 1.2%, while futures on the Dow Jones Industrial… Source link

U.S. stocks descended Thursday morning as Wall Street reeled from another sizable rate hike by Federal Reserve officials and assessed similar moves by central bank officials across the Atlantic. A disappointing reading on consumer spending also weighed on sentiment. The European Central Bank and the Bank of England followed the U.S. Fed in raising interest rates by 50 basis points Thursday morning. The BoE’s hike brought rates in the country to their highest since 2008. The S&P 500 (^GSPC)… Source link

Elon Musk fan Cathie Wood seized a sizable chunk of Tesla stock (TSLA) late Wednesday after the stock extended a recent skid to its lowest level in more than two years. ARK Invest, Wood’s investment management firm, snapped up 74,862 shares of the electric-vehicle maker across three of her exchange-traded funds, according to a daily transaction report sent via email. The purchase was valued around $11.7 million, based on Wednesday’s closing price of $156.80. The snap-up by ARK also comes… Source link

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 Thursday, December 15, 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.Yahoo Finance App. The Federal Reserve expects an economic downturn next year. But just don’t call it a recession. In its… Source link

Today, Yahoo has announced a new integration with DAX, the pioneering digital advertising exchange created and operated by Global, the media and entertainment group. DAX’s premium digital outdoor inventory is now available for advertising partners to purchase programmatically through Yahoo’s omnichannel DSP, in addition to audio.  The integration means Yahoo DSP customers can now activate digital outdoor campaigns on DAX’s inventory of over 2,400 premium digital screens across the UK,… Source link

Subscribe to the Yahoo Fantasy Football Forecast This content is not available due to your privacy preferences. Update your settings here to see it. Matt Harmon is joined by guest co-host Rich Hribar for a very special episode of Stat Nerd Thursday, where the guys provide one stat for all 32 teams and preview the Thursday night game between the 49ers and Seahawks. Find out why it’s pointless to complain about the Cowboys’ backfield committee, how high is too high for Isiah Pacheco, what… Source link