YAHOO FINANCE CHARTBOOK 32 charts that explain markets and the economy right now Taiwan - Delayed Quote • TWD (063996.TW) Follow Compare 0.7100 -0.0900 (-11.25%) At close: July 26 at 12:41 PM GMT+8 Related News Crypto libertarians and Silicon Valley billionaires: The mashup fueling new support for Trump Donald Trump looks to solidify support from the crypto world with a speech before thousands of bitcoin enthusiasts in Nashville. Best High-Yield Stock to Buy Right Now: Realty Income vs. Agree Realty Realty Income is the industry giant and Agree Realty is a budding upstart. Which one you'll want to own depends on your investment goals. The Best Growth Stock That Nobody Is Talking About This e-commerce giant is taking the world by storm. Wall Street's Cantor Fitzgerald to Open Bitcoin Financing, Lending Business Financial services firm Cantor Fitzgerald will open a bitcoin financing business, CEO Howard Lutnick said at the Bitcoin Conference Saturday. Cantor Fitzgerald's new lending facility isn't its first step into crypto; It already does business with stablecoin issuer Tether. Cantor Fitzgerald is well known on Wall Street as one of the world's biggest bond brokerages and already handles U.S. Treasury trading with the biggest stablecoin issuer, Tether. Democrats Pushing Harris Campaign for 'Reset' on Crypto Stance, House Rep Says Democratic members of Congress wrote a letter to the Democratic National Committee asking for it to embrace pro-crypto policy. Democratic Crypto Supporters Call for Crypto-Friendly Party Platform More than a dozen Democrats in the U.S. House of Representatives and a long list of candidates for congressional seats are pushing their national committee to adopt a pro-crypto stance, according to a letter they sent on Saturday. These 2 Growth Stocks Are Set to Soar This Summer and Beyond It's a great time to invest in wonderful stocks. 5 Companies Feeling the Impact of the Paris Olympics The 2024 Summer Olympics will be among the most highly anticipated sports events of year. These companies stand to benefit—or lose out—as a result. Is the Stock Market Going to Crash? Who Knows? That's Why I Own This High-Yield Dividend Stock. This REIT provides income and stability for my portfolio. Why I Just Bought This Stock With an Ultra-High 7.4% Dividend Yield This midstream energy leader looked too good to pass up. 1 Warren Buffett Stock That Could Go Parabolic in 2024 and Beyond The market is proactively trying to not see that this company's overhaul is finally working. Could Investing $100,000 in Realty Income Make You a Millionaire? The short answer is no. But it will generate growing dividend payouts that you could use for a host of purposes. Abbott Ordered to Pay $495 Million in Baby-Formula Verdict A jury determined that the company failed to warn that a certain formula increased risk for a bowel disease. Abbott disagrees with the verdict. Stocks jump on hope for September rate cut : Market Domination Overtime On today's episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton break down the market close and some of the top stories that dominated the trading week. US equities closed out Friday's session on a high note. The Dow Jones Industrial Average (^DJI) recaptured 650 points, a 1.6% gain, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) both rose by over 1%. Merrill and Bank of America Private Bank senior investment strategist Lauren Sanfilippo believes that second quarter earnings will indicate whether a market rotation will continue, stating, "if that 493, the other stocks, will catch up and the Mag 7 will catch down," potentially leading to a broadening out in the market. Vice President Kamala Harris is positioning herself for a face-off against former President Donald Trump in the upcoming presidential election. However, with inflation concerns still lingering, her challenge lies in convincing voters of the economic progress made during the Biden administration. Yahoo Finance senior columnist Rick Newman analyzes the political landscape, discussing how Harris needs to convince voters she is the right person to lead the economy. Lineage (LINE) debuted on the Nasdaq on Thursday, raising $4.4 billion in its IPO (initial public offering) and making it the largest IPO seen in 2024. With inflation putting pressure on all corners of the economy, the market has seen a dip in IPOs. Citi co-head of equity capital markets for North America Paul Abrahimzadeh believes that "the private market is starting to thaw" in the post-pandemic period: "The market is showing some green shoots. We're seeing an increase in valuations for sequential rounds. We're seeing less structure in the current period. But the reality is the IPO market's offering excessive demand. There's plenty of demand to get companies public at rich valuations. And deals are generally doing well." Finally, Julie Hyman and Josh Lipton preview the week ahead, from Big Tech earnings to July jobs data. This post was written by Melanie Riehl Airbnb, Inc. (ABNB) Gains But Lags Market: What You Should Know Airbnb, Inc. (ABNB) closed at $140.10 in the latest trading session, marking a +0.05% move from the prior day. Big Tech rotation, Japanese yen, bitcoin: Top takeaways Stocks (^DJI, ^IXIC, ^GSPC) are ending the week on a positive note, recouping some losses after a turbulent period on Wall Street. Yahoo Finance reporter Jared Blikre analyzes the day's top trading takeaways, examining the ongoing market rotation out of Big Tech and into small caps, the Japanese yen's performance, and bitcoin's (BTC-USD) recent price action. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Angel Smith Lineage Announces Closing of Initial Public Offering NOVI, Mich., July 26, 2024--Lineage, Inc. (the "Company") (Nasdaq: LINE) today announced the closing of its underwritten initial public offering of 56,882,051 shares of its common stock at a public offering price of $78.00 per share. The net proceeds from the offering were approximately $4.2 billion, after deducting underwriting discounts and commissions and estimated expenses payable by the Company. The Company intends to use the net proceeds received from the offering to repay borrowings outst Vale (VALE) Q2 2024 Earnings Call Transcript VALE earnings call for the period ending June 30, 2024. June PCE and Fed rates, crypto, Social Security: Wealth! On today's episode of Wealth!, host Madison Mills covers the biggest stories impacting the market, from June's PCE data to the Bitcoin 2024 Conference. June Personal Consumption Expenditures (PCE) data came in line with expectations, and Yahoo Finance Senior Reporter Jennifer Schonberger explains that the reading is good news for the Federal Reserve as it continues to tackle inflation. The print provided yet another data point strengthening the possibility of an interest rate cut in September. She notes that the Fed "can't commit wholeheartedly because we still are going to get some more data for July and August. But it seems to be moving in the right direction." Billionaire Elon Musk is widely known for taking the lead on multiple ventures while juggling responsibilities as CEO of electric vehicle maker Tesla (TSLA). Julie Hyman provides an overview of the extensive coverage Musk receives on the Yahoo Finance platform, detailing Musk's various companies and accomplishments, while also highlighting Tesla's particular popularity among Yahoo Finance viewers and investors who use the site for research. Mortgage rates have risen slightly over the last week as the average rate on the 30-year fixed mortgage ticked up to 6.78% Zillow Home Loans senior economist Orphe Divounguy joins the show to discuss how high rates are weighing on buyers and if an interest rate cut from the Federal Reserve could alleviate issues for the US housing market: "People are very excited about the prospect of the Fed cutting interest rates, but I don't think that normal rates will translate into lower mortgage rates immediately as some expect. I think mortgage rates are likely already reflecting Fed expectations," Divounguy explains. "And if the Fed delivers fewer rate cuts or none at all, we're likely going to see some upward pressure, not downward pressure on rates." Bitcoin (BTC-USD) has gained steam in the days leading up to the Bitcoin 2024 conference in Nashville, Tennessee, where former President Donald Trump and Robert F. Kennedy, Jr. are scheduled to deliver speeches. Macanomics founder and Yahoo Finance contributor Ross Mac joins Wealth! to break down the basics of crypto investing and what investors new to the space need to know. Mac suggests starting with the ETFs associated with crypto before owning the asset itself, such as the spot bitcoin and spot ether ETF products approved by the Securities and Exchange Commission (SEC). This post was written by Melanie Riehl June PCE inflation print, auto earnings: Morning Brief The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, showed prices rising at its slowest rate in over three years while core PCE data came largely in-line with expectations. Seana Smith and Jared Blikre help investors start the day off right, highlighting the biggest market stories this morning as the three major averages (^DJI, ^IXIC, ^GSPC) digest the June PCE print. Bank of America Securities head of US economics Michael Gapen joins the program to shine a light on how the Fed may be looking at the June PCE data, alongside other recent inflation prints, in terms of its interest rate cut strategy. Bernstein senior analyst Daniel Roeska also sits down with The Morning Brief team to cover the auto industry's earnings performance this week, including Tesla (TSLA) and Stellantis (STLA). Other top trending tickers on the Yahoo Finance platform include the 3M Company (MMM), Deckers Outdoor (DECK), DexCom (DXCM), Norfolk Southern (NSC), and Coursera (COUR). This post was written by Luke Carberry Mogan.
