Netflix shares are in focus after the Wall Street Journal reported that the streaming service plans on raising the price of its ad-free tier after a deal is reached with the actors’ union. On Wall Street, all three of the major indices are trading lower as the U.S. 10-year Treasury Yield hit levels not seen since 2007. Trending tickers on Yahoo Finance today include Airbnb , POINT Biopharma Global , and McCormick & Company .3:20 p.m.
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Billionaire investor Bill Ackman says he would be 'absolutely' interested in a deal with Elon Musk's X However, Ackman — who is worth $3.6 billion as of Sunday — told the WSJ he doesn't know if X is interested, or if the deal is doable.Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock markets, a UBS note seen by Reuters shows.
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Netflix considers raising price of ad-free tier: ReportNetflix (NFLX) is considering raising prices for its ad-free streaming plan after the conclusion of the Hollywood actors' strike, according to the Wall Street Journal. Yahoo Finance Entertainment Reporter Alexandra Canal details the streaming service's price hike decision, examining rising subscription costs in the streaming space over the past decade. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Chinese EV makers shine in Sept. deliveries, while Tesla lags in Q3Chinese EV makers Nio Inc. (NIO), Li Auto (LI), XPeng Motors (XPEV) reportedly delivered 66,831 vehicles in the month of September, while Tesla (TSLA) shares tick down in early market trading after missing on third-quarter delivery estimates. Yahoo Finance Live compares the electric vehicle manufacturers' performances, breaking down potential regional trends. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Oil prices on the rise, Bitcoin passes $28K: What to watchOil prices continue to rise as global demand increases while production from OPEC+ decreases, with many bets placed that oil will reach $100 per barrel. In addition, bitcoin (BTC-USD) reached just over $28k, with some experts wondering if it's headed towards a rally. Yahoo Finance Markets Reporter Ines Ferre joins the Live show to break down China's oil demands and Congress' letter to the SEC to approve a spot bitcoin ETF. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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JPMorgan CEO Jamie Dimon predicts AI will cut workweek to 3.5 daysJPMorgan Chase Chairman and CEO Jamie Dimon has high hopes for AI. Dimon believes that next generation will 'probably be working 3.5 days a week' due to advancements in technology such as AI. The Yahoo Finance Live team chimes in the role of AI in productivity and job security. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Job openings soared, hiring steady in AugustJob openings climbed to 9.61 million in the month of August, outpacing previous estimates of 8.81 million. The rate of hires appears unchanged from previous months at 5.9 million. Yahoo Finance Live breaks down the data from the August JOLTS (Job Openings and Labor Turnover Survey) report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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HP upgrade, Ford lay offs, Warner Music: Top StocksBank of America analysts issued a double upgrade on HP Inc. (HPQ) shares, promoting the stock to 'Buy.' Ford (F) temporarily lays off 330 additional workers amid the ongoing UAW strike. Lastly, Warner Music Group (WMG) stock was upgraded to 'Buy' by UBS analysts. Yahoo Finance Live anchors Brad Smith and Seana Smith take a closer look at several trending stocks from the Nasdaq MarketSite. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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