Latest news with #JoshLipton
Yahoo
5 hours ago
- Business
- Yahoo
Robinhood hits $100, Intel turnaround, Centene pulls outlook
Yahoo Finance anchor Josh Lipton takes a closer look at some of the trading day's top stories on Yahoo Finance's Market Minute. Robinhood (HOOD) shares hit $100 for the first time. The trading platform stock has more than doubled year to date. Intel (INTC) CEO Lip-Bu Tan is reportedly considering scrapping the American chipmaker's efforts for the 18A manufacturing process, a staple of his predecessor Pat Gelsinger's tenure, according to reporting from Reuters. Centene (CNC) stock plunges after the company withdrew its 2025 outlook. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo Finance's market minute. Shares of Robinhood rising in today's trade touching a record high of $100 for the first time ever. The move higher comes amid momentum around the trading platform's continued expansion, that stock extending a monster year to date rally of more than 160%. Intel under pressure as the chipmaker's new CEO reportedly considered scrapping the company's long awaited 18A technology for external customers. That's according to Reuters. That technology involves a chip manufacturing process that analysts have said is Intel's greatest hope for succeeding in a turnaround. And lastly, Centene shares struggling as the company withdraws 2025 guidance. Healthcare enterprise noting that preliminary data for 22 of its 29 marketplace states showed lower than expected market growth. And that's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the session. Sign in to access your portfolio
Yahoo
a day ago
- Automotive
- Yahoo
Tesla Q2 deliveries, June ADP employment data: What to Watch
Asking for a Trend host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, July 2. Tesla (TSLA) will be reporting its delivery numbers for the second quarter. Analysts are expecting 389,400 — an increase from Tesla's first quarter deliveries. ADP employment data for the month of June will be published, as economists expect an increase from the month prior in private payrolls. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Time now for to watch Wednesday, July second. I'm gonna start off on Tesla. The electric vehicle maker is reporting delivery numbers for the second quarter on Wednesday. Analysts forecasting Tesla to report global deliveries of about 390,000 the quarter. Well, that would be significantly higher than first quarter deliveries. It is still an 11% decline year over year. The company is facing tougher competition around the world, we know, and the stock has been pressured by other factors, including CEO Elon Musk's political battles with President Trump. But analysts say there is a bright spot, full self-driving and the robotaxi business on the heels of the launch last month. Benchmark raising its price target on the stock to $475. And turning to a look at the labor market, ADP employment data for June, that's coming out on Wednesday. Economists expecting private payrolls to increase by 95,000, which would be up from May, which saw the lowest hiring numbers in more than two years. And the report comes just a day ahead of that June jobs report, which is out early due to the early due to the July 4th holiday. The expectation, 110,000 jobs added to the economy and the unemployment rate to tick higher to 4.3%. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Tesla Q2 deliveries, June ADP employment data: What to Watch
Asking for a Trend host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, July 2. Tesla (TSLA) will be reporting its delivery numbers for the second quarter. Analysts are expecting 389,400 — an increase from Tesla's first quarter deliveries. ADP employment data for the month of June will be published, as economists expect an increase from the month prior in private payrolls. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
a day ago
- Business
- Yahoo
Labor market data, GOP tax bill, risk trading: Market Takeaways
Yahoo Finance Senior Reporter Allie Canal joins Asking for a Trend with Josh Lipton to go over some of the main takeaways from the trading session: positive labor market data, the Senate's passing of President Trump's "big, beautiful" tax bill, and the possibility of a frothy market. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Oracle soars, Amazon sinks, Home Depot's $4.3B acquisition
Market Domination co-host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute. Oracle (ORCL) shares are surging after landing a massive $30 billion cloud contract. Amazon (AMZN) is under pressure as prices for China-made goods on its platform rise. Home Depot (HD) announces a $4.3 billion deal to acquire building products supplier SRS Distribution. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's Market Minute. U.S. stocks edging higher amid signs of progress and trade talks, sending up the major gauges for more all-time highs here as the second quarter comes to a close. Oracle set to notch a fresh record. That says the company discloses multiple cloud service deals. Software giant sharing that one of the agreements is expected to contribute more than $30 billion in annual revenue starting in fiscal year 2028. Oracle's move higher also follows a note from Stifel upgrading that stock to buy from hold, citing momentum in the cloud business. Amazon under some pressure as the U.S. prices of China-made goods jump on the e-commerce platform. That's according to Reuters. Data analyzed by DataWeave showing prices rising faster than overall inflation for products made in China that are sold on Amazon. And lastly, shares of Juniper Networks seeing a pop. The move higher comes as the Justice Department settles its lawsuit challenging Hewlett Packard Enterprise's $14 billion takeover of Juniper. And that's your Yahoo! Finance Market Minute. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
