Posts by Yahoo Finance

  • Tesla's charging troubles, Bill Gross gets a partner and Twitter's CEO shuffle

    Yahoo Finance at Yahoo Finance 3 days ago

    Yesterday's weak market bounce has given way to an all-out rally today with all three indices (^DJI, ^GSPC, ^IXIC) solidly in the green.

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    Get the Latest Market Data and News with the Yahoo Finance App

    Bill Gross was once the undisputed Bond King of Wall Street. Since moving from PIMCO to Janus (JNS) last September however, the fund he has led has disappointed with respect to both inflows and performance. Now the Denver-based Janus is buying a majority interest in Kapstream Capital and with it they are giving Gross a new partner - Kumar Palghat - a Kapstream founder and former PIMCO employee

     

  • Greece's white flag; Insurance mega merger; New Balance's new groove

    Yahoo Finance at Yahoo Finance 3 days ago

    Investors on both sides of the Atlantic are applauding the possibility of a deal between Greece and its creditors this morning. 

    Stocks (^GSPC) (^IXIC) (^DJI) are rallying on news Greek Prime Minister Alexis Tsipras  may accept most of the bailout terms by creditors after the country missed a debt payment to the IMF yesterday. 

    Economic data back in focus in he U.S.  Businesses added a better-than-expected 237,000 jobs in June according to payroll processor ADP. This comes ahead of tomorrow's closely watched jobs report. 

    Here's a look at some of the stocks the Yahoo Finance team will be watching for you

    Mega merger

     

  • Apple Music arrives, Obama's new overtime rules, Greek debt crowdsourcing

    Yahoo Finance at Yahoo Finance 4 days ago

    The major stock indices (^DJI, ^GSPC, ^IXIC) are bouncing after yesterday's big slide, but not by very much. Investors are still watching from across the Atlantic as Greece tries to find a way to stay afloat ahead of Sunday's referendum.

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    Apple Music launches The big news for techies and music fans alike today is the release of Apple Music (AAPL). The service allows users to stream millions of songs, create playlists and includes an internet radio station called Beats 1. Much of the functionality is similar to streaming leader Spotify.

    Get the Latest Market Data and News with the Yahoo Finance App

  • Stocks aim for a comeback; Next Greek Act; McDonald's upscale twist

    Yahoo Finance at Yahoo Finance 4 days ago

    What a difference a day makes. Wall Street is aiming to close out the second quarter on a high note after stocks (^GSPC) (^DJI) (^IXIC) posted their biggest drop this year yesterday.    

    Yahoo Finance Senior Columnist Michael Santoli says there was a little bit of chatter that perhaps Greece and its creditors will resume debt talks, and investors are starting to realize Athens' crisis is contained. 

    “I think once we registered the initial shock that they had called this referendum, and interrupted the negotiating process, after that it was kind of wait and see," he explains. "Honestly, I think the big rebound in the Chinese stock market overnight (000001.SS) also has people thinking, 'OK-- this isn’t some kind of unhinged chain reaction that is going to spill around the globe.'”

    Greece has until midnight tonight to meet  a $1.7 billion IMF payment and its bailout progam also expires today. 

  • Greece in crisis, Google's railroad warning and Amazon in China

    Yahoo Finance at Yahoo Finance 5 days ago

    U.S. stocks (^DJI, ^GSPC, ^IXIC) join the rest of the world, sliding lower as fear mounts over the Greek debt crisis. But Greece isn't the only locale facing financing troubles. Closer to home, Puerto Rico has plenty of debt troubles of its own. The U.S. territory's governor, Alejandro García Padilla, says the island is in a "death spiral" and their debt is "not payable." Here are some of the other stories yahoo Finance is keeping an eye on today.

    Amazon small business loans Amazon (AMZN) is expanding its small business lending program to eight countries including China. The program, called Amazon Lending, will offer short-term loans to sellers who participate in Amazon's marketplace. Amazon's Chinese competitor Alibaba (BABA) has a similar program in China and here in the U.S. Can either succeed in the other's home country?

  • Greece teeters on default; SpaceX explosion; Airbnb's whopping valuation

    Yahoo Finance at Yahoo Finance 5 days ago

    Wall Street kicking off the holiday-shortened week with a selloff. 

    Stocks are tumbling across the board with all three major indexes down sharply (^GSPC) (^DJI) (^IXIC)  in early trading as the risk of the Greek default grows  after Greece failed to strike a deal with its creditors over the weekend.  Athens has closed banks and the stock market, and imposed capital controls.

    The  Greek ETF  --  Global X FTSE Greece 20 ETF   ( GREK ) which tracks the performance of the 20 largest securities listed on the Athens Stock Exchange ( SAGD.AT ) is taking a big hit this morning. 

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some stocks the Yahoo Finance team will be tracking for you today.  

    Airbnb's BIG valuation 

    AIIB launches 

  • Gay marriage ruling, Tesla vs. Chevy and Boeing CEO's big retirement plan

    Yahoo Finance at Yahoo Finance 8 days ago

    The major stock indices are mixed, with the Dow (^DJI) and S&P (^GSPC) trading in the green, and the Nasdaq (^IXIC) slightly down, as investors continue to keep an eye on developments out of Greece. Much of the gains in the Dow are due to a surge in Nike's (NKE) stock, which rose 4.7% after the company reported a better-than-expected profit.

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    Supreme Court declares same-sex marriage legal across U.S.

    Are CEO pensions too big?

    Nestle CEO: U.S. consumers feel threatened by big firms

    Chevy takes shot at Tesla with new all-electric Bolt

    More from Yahoo Finance:

    Money is keeping you awake

     

  • Greece, China in focus; Nike profit beats; Lululemon faces new woes

    Yahoo Finance at Yahoo Finance 8 days ago

    Wall Street (^GSPC) in a cautious mood today after stocks in China (000001.SS) sank and a key deadline approaches in the Greek debt crisis.

    In an exclusive interviewwith Yahoo Editor-in-Chief Andy Serwer, Treasury Secretary Jack Lew said while the U.S. may not be directly impacted by the situation with Greece, he's still keeping an eye on what's happening across the pond:

    It’s fundamentally a European challenge, but the European economy and the global economy don't need a shock right now.

    Get the Latest Market Data and News with the Yahoo Finance App

    Nike kicks it in high gear

    Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

    Related: Nike sprints to new high; Micron hits new low; Lululemon hit with a recall

  • Obamacare subsidies upheld, Uber protests and cash for beer drinkers

    Yahoo Finance at Yahoo Finance 9 days ago

    The three major stock indices (^DJI, ^GSPC, ^IXIC) traded just north of flat into the middle of Thursday's session. One sector outperforming in a serious way was healthcare (XLV) thanks to the Supreme Court ruling that upheld key subsidies in the Affordable Care Act or Obamacare.

    Get the Latest Market Data and News with the Yahoo Finance App

    And that wasn't the only victory for the President to celebrate today. Last night the Senate approved a bill to give Mr. Obama more negotiating power with respect to the Trans-Pacific Partnership trade deal.

  • Renewed Greek optimism; Match.com IPO; Personal spending soars and so does income

    Yahoo Finance at Yahoo Finance 9 days ago

    For stocks (^GSPC), it's like the movie Groundhog Day as Greece once again dominates the headlines.  But unlike yesterday's selloff on fears Athens won't strike a deal with creditors, Wall Street is looking at gains today as some see a possible resolution to the crisis ahead. 

    Yahoo Finance's Aaron Task says despite the many "boy who cried wolf" twists in the Greece story, investors have to keep their eye on what's happening.

    "Every time we get to one of these deadlines and there's no deal, the markets freak out a little bit because nobody knows what will really happen if Greece leaves the Euro Zone," he points out. "And you can talk all you want about how it's priced in or the markets can handle it, but nobody wants to test that thesis."

    One possible market-moving headline here in the U.S. is the Commerce Department reports consumer spending rose 0.9% last month, more than economists had forecast.

    Match.com going public

    McDonald's makes moves in Asia