Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Today's newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on...
Restaurant Brands CEO José Cil says don't expect $1 Whoppers to return to the Burger King menu as raging inflation leads U.S. consumers to demand more value. After years of heavy couponing, Cil...
Tesla stock is inflated and could lose more than half of its value, according to Citi analyst Itay Michaeli. In a note to clients, Michaeli reiterated a sell rating on Tesla's stock on with a $424...
With recession fears mounting, Marriott CEO Anthony Capuano is striking an upbeat tone on future demand. "We had a terrific quarter, which illustrated the resilience of travel broadly and the...
JetBlue CEO Robin Hayes sees no loss in altitude for consumer demand headed into the back half of the year. "Demand remains extremely strong," Hayes said on Yahoo Finance Live Tuesday. "We...
The FAA has reportedly signed off on Boeing's plan to correct 787 production issues. Boeing may realize $17 billion in sales from the 120 787 airplanes it currently has in inventory waiting for...
Target stock could stay in the penalty box as the retailer aggressively sells slow-moving inventory. Jefferies analyst Stephanie Wissink cites "profit warnings from peers & suppliers and pressure...
Hilton's new TV marketing campaign featuring none other than Paris Hilton, the granddaughter of Hilton founder Conrad Hilton, made perfect sense, one of the company's top execs said. "We have had...
By summer end, Mr. Market could be back to taking souls. But a few more weeks, one top Wall Street strategist argues, conditions are in place for July's rally to be extended, "We had expected...
"I think we will see a flurry of bankruptcies likely in the first quarter of 2023," Mark Cohen says. Cohen is a former longtime CEO of Sear Canada and current Columbia University professor of...
Walmart just gave all the recession mongers on Wall Street a huge adrenaline shot in the collective arm. The world's largest retailer slashed its second quarter and full-year profit outlooks late...
Bed Bath & Beyond has one foot in the grave and may be at risk of being pulled six feet under, one former retail CEO warned. "Bed Bath & Beyond is in a world of hurt because they have burned an...
Brian Sozzi: Rich, powerful people are going to do whatever they damn well please. He says they have the money, connections, and the ruthless aggression to foster whatever reality they so desire....
The Dow Jones Industrial Average plunged 1,120 points on Thursday, or 3.3%. The S&P 500 tanked 3.7%. As for the Nasdaq Composite, it tanked 5.2% for its worst day since 2020. Amazon shares hit a...
Pimco co-founder Bill Gross has been betting against GameStop and AMC using options. Gross: "I simply think that the AMC and GameStop are lottery tickets" Gross just penned his own memoir called...
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss quarterly earnings for Adobe, General Mills, and Poshmark. Adobe's revenue is going to be about $4.34 billion in its fiscal second quarter....
Warren Buffett is channeling one of his long-held investing philosophies. Research Affiliates CEO Chris Brightman: "When the tide goes out, we see who has been swimming" The 91-year-old...
GameStop's ugly fourth quarter and light-on-the-details earnings call are two of the latest examples why shares of the video game retailer probably doesn't deserve to trade at the levels they do....
Goldman Sachs cut its 2022 U.S. GDP forecast to a growth of 1.75% from 2% previously. Chief Economist Jan Hatzius: "We now see the risk of a recession as broadly in line with the 20-35% odds...
Shares of Amazon rose 5% in pre-market trading on Thursday. The company also revealed a massive $10 billion stock buyback plan. Amazon's stock split is the fourth one in its history. The split...
Brent traded in a $20 range over the past 24 hours. Two weeks ago, such a notion would have been ludicrous. "It is not unfathomable for prices to rocket to $200 a barrel by summer, spur a...
AMC CEO Adam Aron: "What a load of cow dung" Aron says fourth quarter sales were its strongest on a quarterly basis in two full years. Aron finally has better financials to back up his quarterly...
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss fourth quarter earnings for Macy's and Home Depot. Earnings: Macy’s tops estimates, Home Depot reports strong sales growth. Macy's not...
Roku stock plummets on Q4 revenue miss. Yahoo Finance's Julie Hyman and Brian Sozzi break down Roku's latest earnings results. Roku stock is tumbling more than 27%, almost 28%. The company's first...
Walmart CFO on inflation: Consumers are still shopping as normal. "We haven't seen any meaningful difference yet in how they're shopping," Brett Biggs tells Yahoo Finance. Walmart saw sales...
Amazon stock soars, Meta falls, Snap skyrockets, Pinterest rises amid flurry of tech earnings. Yahoo Finance's Julie Hyman and Brian Sozzi discuss how Amazon, Meta, Snap, and Pinterest stocks are...
UPS stock rips to a record high, CEO says results are sustainable. CEO Carol Tome says the shipping giant is firing on all 12 cylinders as it focuses on more profitable packages. Tome feels the...
