News & Updates

Today on Yahoo Finance's Good Buy or Goodbye, host Julie Hyman is joined by Great Hill Capital Chairman and Managing Member Tom Hayes to discuss his top stock picks and avoidances in the logistics and utilities sectors. Hayes recommends GXO Logistics (GXO) as a buy, highlighting chairman Brad Jacobs' "Midas touch" and track record of creating shareholder value. He notes the company's transition from a destocking to a restocking cycle, forecasting EBITDA growth to nearly double by 2027. Hayes predicts this will drive multiple expansion and boost the stock price in coming years. On the flip side, Hayes advises investors to avoid the entire utilities sector (XLU). He argues that the sector's recent rally, driven by AI narratives and anticipated Federal Reserve rate cuts, is a classic "buy the rumor, maybe sell the news" situation. Hayes emphasizes that utilities are a defensive sector, stating, "I don't think you want to be overly defensive right now" given current market conditions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Financial advisors ponder if investors should be loading up on the precious metal.

Twenty-year veteran will lead several units as well as ETF distribution in EMEA.

US Housing starts hit a four-year low in the month of July, according to the US Census Bureau, dropping 6.8% month-over-month and 16% year-over-year. Vice President Kamala Harris unveiled her economic policy proposals for the housing market and homebuyers she would attempt to implement in her first 100 days in office if elected. Yahoo Finance housing reporter Dani Romero joins Wealth! to break down Harris's agenda which includes provisions for constructing more housing units and providing downpayment assistance for first-time homebuyers. Harris is expected to go into greater detail on her potential policy agenda at a speech in Raleigh, North Carolina, on Friday. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

Historic changes are coming to the housing market this weekend. New rules from the National Association of Realtors (NAR) will transform how realtors get paid and compensated for helping people buy and sell their homes, going into effect on Saturday, August 17.  KBW managing director Ryan Tomasello joins Catalysts to discuss how the new regulations could transform the housing market. "Over the long run, this is going to provide a lot more transparency for home shoppers. It's going to allow more agents to compete more heavily on price and quality. But over the near term, I think it's probably going to be a bit of a bumpy road as the market digests these changes in such short order, and also at a time when the housing market itself has a laundry list of complexities around it, from rates to supply," Tomasello explains.  In the long-term, Tomasello believes these rules are likely to reduce the friction costs of buying and selling a home, which, in turn, could increase transaction activity. "There's been a lot of chatter amongst the agent community, more and more education on the part of consumers. And so the question becomes if belief creates reality around commissions actually coming down, if both agents think that commissions are coming down and consumers are aware of this new structure, we do think that that puts downward pressure on commissions at the margin over time," he adds. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl

Equity markets (^DJI, ^IXIC, ^GSPC) are rebounding, with the technology sector (XLK) at the forefront. CFRA Research Senior Equity Analyst Angelo Zino joins Catalysts to share his outlook on the tech market. Zino notes that while tech has "led the way" in the market recovery, it remains "the worst performing sector" since July's market peak. Semiconductors experienced the most severe sell-off but have since shown the strongest gains and recovery. Looking ahead, Zino predicts "more choppy action" following this surge, expecting market volatility to persist for the next 2-3 months and through the election period. He notes that earnings drive tech stocks and highlights two potential catalysts: Nvidia's (NVDA) upcoming Blackwell launch and the likely Apple (AAPL) iPhone 16 release. "Those are the two product launches that we think could potentially see more upside to consensus estimates," Zino states. However, he cautions investors not to "expect anything too extreme here, at least in the immediate near term" from the tech sector. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

The major market averages (^DJI, ^IXIC, ^GSPC) opened Friday's trading session below their flatlines as tech stocks lead the market rally in the Nasdaq Composite and S&P 500. Seana Smith, Brad Smith, and Jared Blikre track market movements after the opening bell, as well as market volatility levels (^VIX) and the tech sector's (XLK) recent gains. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) indexes are rebounding from downward pressures that hit tech stocks (XLK) at the beginning of August. Now, Big Tech names, particularly Nvidia (NVDA), are seeing major gains. Why are tech stocks seeing this rebound and is it time to buy back into the sector? Yahoo Finance markets reporter Josh Schafer joins Morning Brief to break down tech's reversal from last week's sell-off and how the sector is leading the market rally on Friday morning. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Stock futures (^DJI, ^IXIC, ^GSPC) are dipping into negative territory ahead of Friday's market open, coming off of Thursday's rally fueled by July retail sales and lower-than-expected initial jobless claims. The tech sector (XLK) is leading market rallies in the S&P 500 and Nasdaq Composite as Big Tech names rebound from recent sell-offs. Chipmaker Nvidia (NVDA) is up over 17% in the last five trading days. Vice President Kamala Harris will outline her economic policy agenda at a speech in Raleigh, North Carolina, on Friday, focusing on taming inflation and reducing grocery, housing, and prescription drug prices for American consumers. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

After a massive drawdown to kick off August, tech stocks are leading the market out of its recent slog.