U.S. stocks (^DJI, ^GSPC, ^IXIC) rebound on strong bank earnings from Morgan Stanley (MS) and Bank of America (BAC), along with hopes of further stimulus measures from Beijing after China's economic growth fell to its slowest pace since 2009.
To discuss today's market moves and some of the other stories Yahoo Finance is keeping an eye on today, Alexis Christoforous is joined by Yahoo Finance's Rick Newman and Thomson Reuters' Bobbi Rebell.
Silicon Valley spends big on the Super Bowl
Silicon Valley heavyweights are looking to cash in on Super Bowl 50. Apple (AAPL), Google-Alphabet (GOOGL), and Yahoo (YHOO) are some of the big names sponsoring the Super Bowl Host Committee. Why is this a strategic opportunity for tech giants?
General Motors' new ride-sharing bet
After investing $500 million in Lyft, General Motors (GM) is about to scoop up a former competitor. According to Bloomberg, the auto giant will purchase Sidecar for less than $39 million. How does this acquisition play into GM's strategy long term?
Millennials are getting driver's licenses at a slower pace
A new report out by the University of Michigan Transportation Research Institute says young adults are ditching driver’s licenses at a rapid pace. Just over 3 in 4 (76.7%) people ages 20 to 24 years old had a driver’s license in 2014. That's down from 82% in 2008. Is this a troubling trend for big automakers?