Nvidia (NVDA) CEO Jensen Huang reportedly met with Chinese officials in Beijing after the chipmaker disclosed a $5.5 billion loss due to new US chip trade restrictions on exports to China, which sent the stock tumbling on Wednesday. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Morning Brief with Madison Mills…
Microsoft has closed its IoT & AI Insider Lab in Shanghai’s Zhangjiang hi-tech zone, marking the latest sign of the US tech giant’s retreat from China amid rising geopolitical tensions. The Shanghai lab, meant to help with domestic development of the Internet of Things (IoT) and artificial intelligence (AI) technologies, closed earlier this year, according…
In This Story Elon MuskPhoto: Samuel Corum (Getty Images) Gap is betting Old Navy and AI will help solidify its position in retail Elon Musk on Thursday led a team of DOGE leaders to defend their work in a Fox News interview as they attempt what Musk calls the biggest government revolution since 1775….
Microsoft founder Bill Gates recently named three key figures who supported Satya Nadella’s appointment as CEO: Gates himself, former CEO Steve Ballmer, and Microsoft Vice Chair and President Brad Smith. In a conversation with Smith, Gates reflected on the decision-making process and shared his concerns about Microsoft’s future after stepping away from day-to-day operations. During…
China imposed various retaliatory tariffs on the US in response to US President Donald Trump’s tariff policy. Particularly notable is the 10% tariff China imposed on US soybeans (ZS=F), as soybeans are the US’s top agricultural export, with China as the top importer. US Soybean Export Council CEO Jim Sutter joins Brad Smith on Wealth…
US stock futures (ES=F, NQ=F, YM=F) tick up Wednesday morning, looking to rebound from recent market turbulence as the Magnificent Seven near correction territory. Semiconductor giant Nvidia (NVDA) is due to release its fourth quarter earnings results after today’s market close, with Wall Street paying close attention to how Nvidia will respond to the emergence…
All three of the US market averages (^DJI, ^IXIC, ^GSPC) opened Thursday’s session in the red, coming off of Walmart’s latest earnings report and the S&P 500’s fresh record close yesterday. Morning Brief anchor Brad Smith and Yahoo Finance markets and data editor Jared Blikre examine the market and sector action this morning, particularly in…
Brad Smith and Madison Mills outline three trending stocks that investors need to know about on Morning Brief. AppLovin (APP) shares explode on its earnings beat and the company’s announcement that it’s selling its apps business to focus on advertising. MGM Resorts International (MGM) stock soars after its fourth quarter earnings results beat on the…
Yahoo Finance Senior Reporter Josh Schafer sits down with “Morning Brief” hosts Seana Smith and Brad Smith to discuss how Big Tech earnings and AI spending are shifting the bull market narrative. Big Tech earnings have been strong overall, and there are several signs of a bull market persisting. Although Alphabet’s (GOOG, GOOGL) stock tumbled…
US stocks (^DJI, ^IXIC, ^GSPC) are sinking Monday morning, the Nasdaq Composite starting the week off by opening over 2% lower in a sell-off fueled by President Trump’s tariffs enacted against Canada, Mexico, and China over the weekend. The Morning Brief’s Brad Smith and Yahoo Finance markets and data editor Jared Blikre make sense of…