From anchoring, to the NASDAQ, NYSE, the field, contributing to other networks and so much more - what a year it has been @YahooFinance!
Super proud of the work and excited for what’s ahead. Feel free to check my latest reel, now live! 🎙️🤳
https://t.co/L7tpgdPScz
BREAKING: the national average price of gasoline fell by 6.2c/gal yesterday, the third largest single day decline in GasBuddy’s 26 years of price tracking.
Nvidia CEO Jensen Huang has resigned, so what does that mean for the rest of the market?
Don't forget, Nvidia reports earnings on November 17 after the bell.
@BrookeDiPalma breaks it down:
In the chaos of this week, missed this — Starbucks launched an online merch store. Sweatshirts are going for $60-$70 for pre-order, and you can even add custom embroidery on the sleeve for an additional $15. #Starbucks
Some items already sold out. 🤔☕️
Oppenheimer just took the eye-opening move (at least from a stock analyst perspective) to completely remove its price target on Nvidia as the Jensen Huang saga ratchets up.
This action is usually done on sub $10 stocks with extreme volatility after a major negative event.
Including the drop right now, Nvidia has now lost $2 TRILLION in investor value in a month.
$NVDA's market cap loss is larger than all of Meta, six of Intel or three combined ExxonMobils
Expensive stuff.
The one mature, fast-food industry sector growing demand is the beverage business. Coffee chain sales per @technomic grew 6% last year, compared to 1% for burgers. Brands like 7 Brew and Dutch Bros are soaring.
So why would struggling consumers opt for $8 drinks? Here are some thoughts:
First: Many of these chains are hot and the drinks are a natural for the social media crowd. So their expansion effectively creates demand.
Second: A lot of consumers instead of getting a snack at a fast-food chain or whatever may be opting for a drink instead.
Third: A lot of younger consumers don't eat three meals a day but have more, smaller meals. That works to the benefit of the drink chains.
Can this keep going? Well, like any popular business in the restaurant industry, when one idea does well, it attracts a whole bunch of competitors. So everybody's doing refreshers and dirty soda and energy drinks and whatnot, which will eventually spread that demand and hurt individual chains' performances. For now, though, it appears that the business of specialty beverages is humming along nicely.
Contrary to popular belief, the kiosk was not, at least initially, developed as a labor-saving device.
They first emerged at McDonald's locations in France in 2007, for a relatively simple reason, per the company's IOM President Manu Steijaert: Peak times in the country can get very busy, with hundreds of customers per hour.
The company's restaurants didn't have the capacity to add registers to handle that capacity, which led to lost customers.
So McDonald's France, where it's known as McDo, added kiosks into its restaurants to be able to handle that capacity. and realized that a lot of customers preferred them. They also generate higher sales, because customers feel less rushed ordering on a kiosk and will sometimes select more. The kiosk also always suggestive sells.
Kiosks quickly spread through Europe and are now everywhere in the U.S. They also tend to be divisive: Some customers hate them. Some love them.
Breaking: Nvidia’s board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy. https://t.co/Pjsu5j87CF
Breaking: Nvidia’s board is preparing to oust CEO Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy. https://t.co/Pjsu5j87CF
truly mind boggling
Bull case is Nvidia is bigger than Jensen so just buy the dip.... but history says otherwise. Every big shift (gaming, CUDA, AI) happened because he bet early when almost no one else would. Don’t see an obvious successor with that same instinct.
BREAKING: Nvidia, $NVDA, surges over +6% as investors buy the dip in the stock amid the Jensen Huang situation.
The stock has now erased yesterday’s decline.
Shoppers are heading to the mall this holiday season—not just to shop, but to eat and experience. 🍔🛍️
Our Head of Analytical Research, @RJ_Hottovy, joined @YahooFinance to break down the data: mall visits are outpacing discretionary retail, with dining driving a growing share of traffic.
Watch the full interview with @BrookeDiPalma:https://t.co/tnti4U0A6v
@YahooFinance Seema Shah, @Principal Asset Management, said:
A December hike now looks locked in...mid-term elections exposed the depth of voters’ concerns about affordability, the message for the Fed is uncomfortable but clear: the inflation fight is not finished.
BREAKING: CPI print came in hotter than expected, up 0.4% month-over-month, compared to 0.3% increase expected.
Remember: The report does not include an annual rate because of Oct. 2025's government shutdown.
@YahooFinance Energy prices remain sticky in Oct.'s CPI print:
⛽️Gasoline (all types): ⬆️ 1.0%, a modest gain compared to Sept.'s print, ⬆️ 9.1%
🔥Fuel oil: ⬆️ 2%, a much smaller gain than last month's 15.3% jump
🔌Electricity: ⬆️ 0.9%, hottest print in a while, after last months' 0.2% gain