Huawei Tops China Smartphone Market for First Time in Years
The hardware giant held on to a roughly 18% share of the market in the June quarter, while other leading competitors like Vivo and Oppo slumped, according to IDC data. The Shenzhen device maker showed greater resilience than rivals as overall shipments in China fell 4% to 69 million units.
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18 minutes ago
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Rice prices have skyrocketed in Japan — and farmers warn that ‘everyone who eats' that disaster could be near
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. In today's developed economies, lining up to buy a staple grain may seem like a thing of the past. But in Japan, it's become a stark reality as a rice shortage sends prices soaring. A 5 kilogram (11 pound) bag of rice cost 4,280 yen ($29) in May 2025 — double the price from a year earlier, according to Bloomberg. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how The surge stems from a supply crunch dating back to 2023, when a severe heat wave hit Japan's rice harvest. The extreme temperatures not only lowered the quality of the crop but also caused a sharp decline in overall production. In response, the government has begun releasing rice from its stockpiles. Long lines now form hours before stores open to buy stockpiled rice, with The Japan Times reporting some customers start queuing as early as 8 p.m. the night before. According to Nikkei Asia, shelves in Tokyo have been 'frequently empty' as of early July, with supermarkets rationing sales to one bag of rice per family per day. Nobuhiko Kurosawa, a rice farmer in Yamagata, is worried about what could happen next. 'The Japanese government has already released most of its rice reserves, so if this summer turns out to be as hot as the year before last, it could be disastrous,' he told Nikkei Asia. 'If we have no reserves left and the quality of the rice has deteriorated due to the extreme heat, Japan may have to import a considerable amount. The food problem is not [just] a problem for farmers, but a problem for everyone who eats.' While Japan's rice crisis is especially severe, it's also part of a broader trend: Food prices around the world have been steadily climbing. From staples like grains and cooking oil to fresh produce and meat, inflation has put pressure on household budgets everywhere — not just in Japan. In the U.S., the Consumer Price Index has increased 25% over the last five years, with the food index surging 26%. The U.S. Department of Agriculture expects food prices to rise another 2.9% in 2025. But there are steps consumers and investors can consider to help protect their purchasing power as the cost of living rises. Real estate Real estate has long been considered a reliable hedge against inflation, thanks to its intrinsic value and income-generating potential. When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation. Legendary investor Warren Buffett has often pointed to real estate as a prime example of a productive, income-generating asset. In 2022, Buffett stated that if you offered him '1% of all the apartment houses in the country' for $25 billion, he would 'write you a check.' Why? Because no matter what's happening in the broader economy, people still need a place to live and apartments can consistently produce rent money. Traditionally, investing in real estate meant buying property and becoming a landlord. New investing platforms are making it easier than ever to tap into the real estate market. For accredited investors, Homeshares gives access to the $35 trillion U.S. home equity market, which has historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property. With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets. If you're not an accredited investor, crowdfunding platforms like Arrived allow you to enter the real estate market for as little as $100. Arrived offers you access to shares of SEC-qualified investments in rental homes and vacation rentals, curated and vetted for their appreciation and income potential. Backed by world-class investors like Jeff Bezos, Arrived makes it easy to fit these properties into your investment portfolio regardless of your income level. Their flexible investment amounts and simplified process allows accredited and non-accredited investors to take advantage of this inflation-hedging asset class without any extra work on your part. Read more: Rich, young Americans are ditching the stormy stock market — Gold When it comes to preserving wealth and fighting inflation, few assets have stood the test of time like gold. Its appeal is simple: Unlike fiat currencies, the yellow metal can't be printed at will by central banks. Gold is also considered the ultimate safe haven. It's not tied to any one country, currency or economy, and in times of economic turmoil or geopolitical uncertainty, investors often flock to it — driving prices higher. Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, recently highlighted gold's role in a resilient portfolio. 'People don't have, typically, an adequate amount of gold in their portfolio,' Dalio told CNBC earlier this year. 'When bad times come, gold is a very effective diversifier.' In just the last 12 months, the price of gold has surged by 39%. One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Goldco. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, which combines the tax advantages of an IRA with the protective benefits of investing in gold, making it an attractive option for those looking to potentially hedge their retirement funds against economic uncertainties. With a minimum purchase of $10,000, Goldco offers free shipping and access to a library of retirement resources. Plus, the company will match up to 10% of qualified purchases in free silver. If you're curious whether this is the right investment to diversify your portfolio, you can download your free gold and silver information guide today. Farmland The steady rise in food prices serves as a powerful reminder: No matter what happens in the economy, people still need to eat. That's why farmland is considered a natural hedge against inflation. As food prices climb, so does the value of the land that produces it. At the same time, farmland is a tangible, income-generating asset that isn't directly tied to the ups and downs of financial markets. According to the U.S. Department of Agriculture, U.S. farmland values have steadily climbed over the past few decades, driven by increasing demand for food and limited supply of arable land. These days, you don't need to buy an entire farm or know how to grow crops to get in on the opportunity. FarmTogether is an all-in-one investment platform that lets qualified investors buy stakes in U.S. farmland. The platform identifies high-potential agricultural properties and then partners with experienced local operators to manage the land effectively. Depending on the type of stake you want, you can get a cut from both the leasing fees and crop sales, providing you with cash income. Then, years down the line after the farm rises in value, you can benefit from the land appreciating and profit from its sale. What to read next Here are the 6 levels of wealth for retirement-age Americans — are you near the top or bottom of the pyramid? This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Car insurance in America could climb to a stunning $2,502/year on average — but here's how 2 minutes can save you more than $600 in 2025 Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Money doesn't have to be complicated — sign up for the free Moneywise newsletter for actionable finance tips and news you can use. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Sign in to access your portfolio
Yahoo
38 minutes ago
- Yahoo
Inflation ticks up in June following tariffs
Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump's tariffs would make it through value chains and start to show up in consumer prices over the summer. The Labor Department's consumer price index (CPI) rose by 0.3 percent on the month to hit an increase of 2.7 percent compared to last year. The Federal Reserve's target for inflation is 2 percent. Economists were expecting an annual rise in the June index of between 2.6 percent and 3.0 percent, so the increase is in line with their expectations. 'And so it begins?' UBS economist Paul Donovan wrote in an analysis Tuesday, noting the expectation of higher prices from tariffs and the uncertainty of when exactly they would manifest. 'Only half the expected trade tax rise has hit the economy so far. Inventory stockpiling means pre-tax items are still available. How readily US firms can pass on price increases matters,' he added. June marks the second consecutive month with a rise in the CPI, which climbed to a 2.4 percent annual increase in May from 2.3 percent in April. Though some of Trump's tariffs started earlier, his wide-ranging 'reciprocal' tariffs were announced in early April — but many of them have been paused until Aug. 1. U.S. inventories take roughly three months to clear, and there was a huge pull-ahead in orders from U.S. importers prior to the tariffs, so the April-to-July price lag confirms many economic forecasts. Trump's 'reciprocal' tariffs were initially paused until July 9, but the president extended that delay earlier this month as trade negotiations with multiple countries continue. Tentative trade deals with China, the United Kingdom and Vietnam have been announced so far. A general 10 percent tariff, along with China-specific tariffs and import taxes on automobiles and various metals, have been put in place. The Fitch ratings agency recently put the overall U.S. tariff rate at 14.1 percent, the highest level in decades. Taking out the more volatile categories of food and energy, the 'core' CPI for June increased to a 2.9 percent annual rise, up from 2.8 percent in May. Core prices, a more important measurement for the path of interest rates as set by the Federal Reserve, had been falling between January and May, making June's their first increase in four months. Shelter prices climbed 0.2 percent in June. The Labor Department said shelter was the primary factor in the monthly increase. Household furnishings and apparel, which is heavily imported in the U.S., also saw increases. The household furnishings index rose 1.0 percent in June, and apparel increased 0.4 percent. 'Import levies are slowly filtering through to core goods prices,' Principal Asset Management strategist Seema Shah wrote in a commentary. Economists expect this trend to continue. 'There is a trickle of what is likely tariff-induced inflation in some categories, particularly household appliances and furnishings. This trickle is likely to gain momentum in the coming months,' wrote Olu Sonola, head of U.S. economic research at Fitch Ratings. The uptick in inflation diminishes the odds the Federal Reserve will resume its interest rate cuts, which it paused at the beginning of this year. This is likely to exacerbate tensions between the White House and the Federal Reserve. 'A July cut is clearly off the table,' Sonola wrote. 'But the Fed will view this report as the first of three that will shape the decision on a possible rate cut in September.' Import prices have been holding steady so far this year, reaching an index level of 141.8 in May, the same number as January. The Fed has been waiting to see where exactly the cost of the tariffs within different value chains is going to be borne. It could be paid by foreign manufacturers, exporters, wholesalers or retailers, or it could be passed along to consumers. It could also simply sap wholesale demand for certain products. Inflation also recently hit an inflection point in another major price metric, the personal consumption expenditures (PCE) price index, which rose to a 2.3-percent annual increase in May from 2.2 percent in April. Updated at 9:17 a.m. EDT Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Nvidia, ARK Invest buys more Tesla, Bitmine: Trending Tickers
These are some of the stocks on the move on Wednesday, July 16. Nvidia CEO Jensen Huang sold roughly 225,000 Nvidia (NVDA) shares as part of a previously disclosed plan to sell up to 6 million shares. Cathie Wood's ARK Invest is buying Tesla (TSLA) stock ahead of the electric vehicle (EV) maker's earnings report on July 23. Peter Thiel's fund disclosed a stake in Bitmine (BMNR), sending the stock higher. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. Now, let's get to some of today's training tickers. We're watching Nvidia, Tesla, and Bitmine. First up, Nvidia CEO Jensen Wong has sold another $37 million worth of the company's stock. That's according to an SEC filing. This sale of 225,000 shares is part of a previously disclosed plan from March for Huang to sell up to 6 million shares of Nvidia. So far this year, he has disclosed sales of 1.2 million shares overall of the chipmaker. So with me, uh, Brook DePalma here, um, you know, investors watch this stuff, right? But given how the shares have done, and given sort of how these share sales are planned in advance, I, I mean, I don't know if it's a signal or not for the shares. Yeah, what we're seeing right now in early hours of trading, if I take a closer look, Nvidia moving, uh, down about roughly flat here. But what we've seen if you take a look over the past five years is, believe it or not, Nvidia was at just $11 a share back in 2020. Now we're seeing the shares hover around those record highs of 170. Of course, it hit a high yesterday at $171. But this stock has just had so much momentum over these past five years. You can really take a look at this chart. This AI revolution has really led to this increased optimism, this bullishness around Nvidia and those other AI stocks. And I was reading today that Jensen Huang now is above Berkshire Hathaway's Warren Buffett when it comes to that, uh, Bloomberg's billionaire index. And what I find so amazing is Jensen Huang, not only leading this AI revolution, but what I love most is that if you look at his LinkedIn, he still has the fact that he's a Denny's dishwasher, uh, back in the 19, 19, uh, late 1970s or early 1980s. But really, the momentum's there for Nvidia. Jensen Huang certainly, you know, uh, certainly seeing the benefits of that as well. Yeah, let's talk about Tesla shares too. They're on the rise after Kathy Woods Ark Invest has closed the purchase of additional shares in the automaker. The move comes ahead of Tesla's second quarter earnings, and after a rocky year for Tesla that's seen the magnificent seven name down over 20%. Uh, longtime bull Woods price target for Tesla $2,600. I mean, every time I talk to her about it, Brook, um, she is one of these people who believes in the sort of AI future of Tesla, even though right now it makes most of its money from cars. Yeah, she's definitely very bullish on this idea of the Robo taxi. She actually said in a recent interview that Robo taxis will account for 90% of the value of the company in five years, she believes. And so she's definitely very bullish about this autonomous vehicle market and what essentially it could become. Of course, you really can't get over that noise that has been around Tesla. Of course, Elon Musk's role in the Trump administration, that is certainly taking a toll on the stock. And if you take a look year to date, what we've seen here is the stock up relatively. Sorry, let me take a closer look at the YF interactive here. What we've seen so far year to date is this stock coming to play, or rather let's take a look over the past year. We've seen the stock up 24% over the past year. But really, over the past month, they've been trying to hold on to this momentum, especially around that end of June rally that we got a bit there around this autonomous vehicle testing. But there's been lots of fluctuation in the stock, lots of confusion around where Elon Musk stands here, and also we've heard about multiple executives leaving Tesla. And so investors really trying to weigh all of these, but of course, getting a bit of, uh, optimism here, especially after this latest announcement for from Kathy Wood here. And finally, uh, Brook, shares a bit mine immersion technologies rising double digits after billionaire Peter Thiel's venture capital firm founders fund disclosed a 9% stake in that company. Bit Mine recently bought Tom Lee, uh, brought Tom Lee, a fund strat on board as the company shifts from being a Bitcoin miner into an Ethereum Treasury. Um, and shares moving up 15% today. Shares certainly moving higher. Now up about 17% in early hours trading here. And, and what we've seen this sort of correlate with is that run-up of Ethereum. Like I said earlier, Ethereum really has had quite the run in the past few months. In the past few months alone, over the course of three months, we've seen Ethereum jump from about $1,500 to now crossing that, or nearing that 3,500 threshold. And largely that's been in line with this environment where we're getting more regulation around cryptocurrency. And that certainly has investors excited. Of course, if you take a name like Peter Thiel, we also know that he's the co-founder of PayPal, of Palantir. And so there's definitely optimism running into this stock today. Thanks, Brook. Appreciate it. Related Videos Big Bank CEOs see consumer strength, but signs of stress remain Fed independence faces a 'showdown' between Trump & the market Stablecoin Will Touch Every Part of the Economy, Moneygram How to play financials: Large vs. regional banks Sign in to access your portfolio
