It’s the first day of this shortened trading week — for Thanksgiving — and stock futures are already buzzing on President-elect Donald Trump’s decision to nominate Scott Bessent as the US Treasury secretary. Seana Smith and Brad Smith tackle several of this morning’s biggest market stories ahead of the opening bell. Freedom Capital Markets Chief…
Berkshire Hathaway (BRK-A, BRK-B) Chairman and CEO Warren Buffett revealed his plans for transferring his wealth and managing his Berkshire holdings, including a mass conversion to Class B shares that will be donated to several of his family’s charity organizations. Wealth host Brad Smith explains Buffett’s inheritance plan for his family and recent will adjustments,…
Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) recently disclosed stakes in Domino’s Pizza (DPZ) and Pool Corp. (POOL). Berkshire bought 1.3 million shares in Domino’s — now a 3.6% stake, valued at $550 million following recent comments and stronger-than-expected retail sales — and a 1% stake in Pool Corp, valued at $152 million. Morning Brief Anchors…
We recently published a list of 15 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other trending AI stocks on latest news and analyst ratings. OpenAI, the AI startup of ChatGPT fame, recently urged the United States…
Microsoft Vice Chair and President Brad Smith speaks at the Web Summit, in Lisbon, Portugal, November 12, 2024. REUTERS/Pedro Nunes Microsoft‘s president and vice-chairman, Brad Smith, cautioned the West against assuming China is lagging behind in technological development. Speaking recentky at the Web Summit tech conference in Lisbon, Portugal, Smith told CNBC that China is…
In This Story Despite a yearslong effort to curb China’s technological advances, a top Microsoft (MSFT+0.54%) executive is warning that the country is not as far behind as the West might think. How AI is helping advertisers pinpoint exactly what we want Microsoft president Brad Smith said in an interview with CNBC (CMCSA0.00%) that “in…
Donald Trump’s reelection resulted in serious gains across markets and particular sectors in Wednesday’s trading session. Investors saw the Trump Trade turn into a “Trump Everything Rally,” Powers Advisory Group Managing Partner Matt Powers tells Yahoo Finance, noting the spark seen in the financial (XLF) and utilities (XLU) sectors. Powers sits down with Brad Smith…
In today’s installment of Wealth, Brad Smith tackles the biggest personal finance topics ahead of Tuesday’s presidential election. The show welcomes Haywood Wealth Management president and co-founder Justin Haywood to discuss how investors should interpret market volatility connected to the 2024 election and the Federal Reserve’s interest rate decision this week. Romer Debbas managing partner…
Pharmaceutical giant Bristol Myers Squibb (BMY) raises its full-year earnings guidance after topping third quarter estimates, sending shares higher in pre-market trading. Concurrently, Merck & Co. (MRK) lowered its sales outlook despite topping third quarter estimates, sending the stock lower. Julie Hyman and Brad Smith report more on these two pharma companies’ earnings results tied…
The Nasdaq Composite (^IXIC) is leading US stocks lower Thursday morning as Big Tech earnings continue to roll out. Shares of Microsoft (MSFT) and Meta Platforms (META) are taking a dip since reporting earnings yesterday; Amazon (AMZN) and Apple (AAPL) are the next members of the Magnificent Seven to report after today’s market close. The…