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Apple (AAPL) could face significant financial impacts if President-elect Donald Trump's proposed tariff policies come to fruition, according to Jefferies analyst Edison Lee. Lee estimates that if the China tariffs were to be implemented, it could result in an increased cost of $256 per iPhone for Apple — impacting gross margins by 7%. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith...
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Earnings preview of key companies reporting next week and what to look out for...
Continue ReadingApple and Roskomnadzor did not immediately respond to requests for comment. Reuters reporters in Russia could still access the app on mobile devices. Under President Vladimir Putin, Russia has put dozens of opposition media websites on blacklists and banned several foreign social-media platforms in a crackdown it casts as part of an information war unleashed by the West after Moscow's 2022 invasion of Ukraine...
Continue ReadingThe proposed repeal is under discussion by a transition team led by oil magnate Harold Hamm and North Dakota Governor Doug Burgum...
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The aggressive growth fund investor was busy adding to some of her existing positions on Thursday...
Continue ReadingMcGarvey's Timely Tesla Bet: Congressman Buys Before Stock Surge...
Continue ReadingElectric vehicle stocks Tesla (TSLA) and Rivian (RIVN) are in focus amid reports that President-elect Donald Trump plans to end the federal tax credit for electric vehicle purchases. The $7500 subsidy has been a key incentive driving consumer adoption of EVs in the US, and its removal could make these vehicles less affordable. Additionally, vaccine maker stocks like Moderna (MRNA) and Pfizer (PFE) are falling after Trump named Robert F. Kennedy Jr. as Secretary of Health and Human Services. Kennedy Jr. has been openly skeptical of vaccines. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith...
Continue ReadingWarren Buffett's investment strategy is a case study in bold and safe play. Nearly $99 billion is pegged on two iconic names: Apple and Coca-Cola. Through Berkshire Hathaway, Buffett has channeled a whopping half of his equity holdings into Apple alone and he's held tight to his Coca-Cola shares since the late 1980s. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – You can still get 4,000 of its pre-IPO shares for just $1,000 This Adobe-backed AI m...
Continue ReadingThe electric-vehicle purchase tax credit makes buying Teslas and other electric vehicles more affordable for most car buyers...
Continue ReadingThe October retail sales data shows the consumer is still going strong. The Census Bureau data shows retail sales rose 0.4% in October. That was higher than the 0.3% economists were expecting, according to Bloomberg. September's headline number was also revised upwards. LSEG Director of Consumer Research Jharonne Martis says the data point that stood out to her was the year-over-year growth in e-commerce sales. She notes that the October data benefits from Amazon's (AMZN) Prime Deal Days but adds that other retailers piggyback off that promotion and offer their own deals. "It's telling us the consumer is still gravitating toward those online deals," she says. When it comes to the e-commerce business, Martis thinks Walmart (WMT) is starting to give Amazon some more competition. Why? "They're giving the consumer the ability to shop the way they want to, whether it be ordering it on your mobile... and picking it up at the store on your way home or just having it delivered right there from the store to your house. Walmart is definitely giving Amazon a lot of competition," she tells Yahoo Finance. Watch the video above to hear which companies Martis is watching this holiday season and how tariffs may impact retailers and shoppers. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Stephanie Mikulich...
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