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S&P 500 (^GSPC)

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  • Yahoo Finance Video

    Nvidia earnings, housing market outlook, BNPL regulatory pressure: Market Domination

    On today's episode of Market Domination, Yahoo Finance hosts Julie Hyman and Josh Lipton break down the trading day's biggest stories and latest trends. Nvidia (NVDA) topped earnings expectations and announced a 10-to-1 stock split. Will McGough, Director of Investments at Prime Capital Investment Advisors says the company's AI play "has huge implications across multiple markets." RBC Capital Markets Software Equity Analyst Rishi Jaluria adds, "80% of CIOs are telling us that they are either currently in production or expect to be in production with AI over the next 12 months, so the appetite is real, the use cases are real." Macquarie Head of US AI and Software Research Frederick Havemeyer notes that cybersecurity companies will benefit from the AI race, pointing to CrowdStrike (CRWD), which he believes will see growth as the competition heats up. New housing data reveals that April home sales fell below estimates, declining more than expected: a 1.9% drop month over month. Chief Economist Danielle Hale expects the real estate market and buyer activity to "ramp up" with every mortgage rate dip but forecasts a "slow comeback" overall. Goldman Sachs upgraded Shopify (SHOP) to Buy from Neutral, raising its price target on the stock to $74 from $67. Meanwhile, Citigroup downgraded Hims & Hers Health (HIMS) to Neutral from Buy and raised its price target to $20 from $16. Buy now, pay later (BNPL) stocks (AFRM, PYPL, SQ) are under pressure after the Consumer Financial Protection Bureau proposed a new rule that would force lenders to adhere to the same consumer protections as credit cards. This post was written by Melanie Riehl

  • Yahoo Finance Video

    Dow sheds 200 points, FOMC minutes weigh on stocks

    The Dow Jones Industrial Average (^DJI) falls by over 200 points in Wednesday's session as all three of the major averages (^IXIC, ^GSPC) close the day lower. Stocks are on high alert as they attentively wait for chip maker Nvidia (NVDA) to report its first-quarter earnings today. Market Domination Anchor Julie Hyman reviews the day's market performance, joined by Yahoo Finance Senior Markets Reporter Jared Blikre who breaks down the sector winners and losers from the session. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

  • Yahoo Finance

    Some Fed officials willing to raise rates if needed: Meeting minutes

    Fed officials said at their last policy meeting that rates would likely stay higher for longer if inflation readings continued to disappoint, while some policymakers discussed their willingness to raise rates if needed.