Yahoo Finance LIVE - Jan 18
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Nvidia was the first chip stock to reach a trillion-dollar market cap, but another could reach that milestone very soon.
Each of these companies is entering a new phase of its existence, or entering an environment that favors its business.
(Bloomberg) -- ConocoPhillips agreed to acquire Marathon Oil Corp. in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest players in the US oil and gas industry.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughNew BYD Hyb
The drop comes as Moderna awaits important developments involving its experimental cancer treatment, a new respiratory vaccine, and a possible avian flu vaccine under development.
The April PCE price index is scheduled for Friday.
(Bloomberg) -- ConocoPhillips is in advanced talks to acquire Marathon Oil Corp., which would extend a major wave of consolidation among the US oil and gas industry, according to people familiar with the matter.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughNew BYD Hybrid Can
This index fund provides exposure to artificial intelligence stocks like Microsoft, Apple, Nvidia, Alphabet, and Amazon.
The U.S. oil and gas industry has been riding a consolidation wave over the last two years. The momentum has carried over into this year as the stock market continues to boom and as U.S. oil production scales new records. The deal follows the announced purchase by U.S. majors Exxon Mobil of Pioneer Natural Resources in October, and Chevron's proposed $53 billion merger with Hess that was approved by the latter's shareholders on Tuesday.
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most worrisome economic indicators currently being monitored. His concerns now appear prescient as new data reveal a significant uptick in delinquency rates in the first quarter of 2024. "If the delinquency rate of consumer loans starts rising, that is often a leading indicator that things are about to get worse," Goolsbee stated. Recent figures from the Federal Reserve published
Stocks are looking to retreat from recent record highs as inflation pressures test Federal Reserve rate cut bets.