Yahoo Finance Live examines several trending stocks this morning.Here's where Wall Street strategists see the stock market headed next after a brutal September
‘Tired of the crazy train’: Dave Ramsey tells a frustrated young landlord to ditch the duplex and ‘go get a house’ — 3 ways to invest in real estate without the headaches of having tenantsHere's why Restaurant Brands remains a top long-term holding investors should consider adding to their portfolios right now. The post This TSX Stock Doesn’t Even Blink in the Face of Rising Inflation appeared first on The Motley Fool Canada.Energy stocks are great, but not all are created equal.
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Mortgage rates rise, Rivian stock slumps on plans to raise $1.5 billion: Yahoo Finance LiveThe average 30-year mortgage rate has risen to 7.49%, according to Freddie Mac. We’ll be discussing the rise in rates with Redfin CEO Glenn Kelman (RDFN) at 3:35 p.m. ET. Meanwhile, Rivian (RIVN) shares are being pummeled after the EV maker announced plans to raise $1.5 billion through a convertible note offering. Other trending tickers on Yahoo Finance include Coca-Cola (KO), BlackBerry (BB), and Lucid Group (LCID).Top guests on Yahoo Finance Live today include:3:05 p.m. ET - John Stoltzfus, Oppenheimer Asset Management Managing Director and Chief Investment Strategist3:25 p.m. ET - Scott Devitt, Wedbush Securities Analyst3:35 p.m. ET - Glenn Kelman, Redfin CEO4:05 p.m. ET - Joseph Wang, Monetary Macro CIO4:20 p.m. ET - Karin Kimbroug, LinkedIn Chief Economist
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KeyBanc downgrades Apple stock on slowing sales predictionsApple (AAPL) stock was hit with a downgrade to 'Sector Weight' by KeyBanc Capital Markets Analyst Brandon Nispel, citing potential sales slowdowns in the U.S. market. Yahoo Finance Live takes a closer look at Nispel's note on the iPhone maker, examining Apple's stock performance and growth potential ahead of the holiday season. 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 demand: We are still in an oil bull market, analyst explainsOil demand remains high despite inflation and other economic pressures keeping consumers on tightened budgets. Claudio Galimberti, Rystad Energy SVP & Head of Americas Research, joins Yahoo Finance Live to share his oil demand predictions for 2024. 'We are still in that phase' of an oil bull market, Galimberti tells Yahoo Finance, making a callback to previous comments on the energy market's reaction to OPEC's production cuts. Galimberti predicts a 'very sizable' rate of oil demand heading into 2024, coinciding with forecasts for extended production cuts from Saudi Arabian producers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Amazon Prime day sales event to kick off holiday deals: ExpertAmazon's Prime Big Deal Days (AMZN) event will run on October 10 and 11. Adobe's Head of Digital Insights Vivek Pandya tells Yahoo Finance Live that the event will be one of the first big discounting events of the holiday shopping season. Pandya says that they are anticipating discounts will weaken after the event only to escalate, with discounts as much as 20 percent, starting November 1. The best deals will 'kick in' the weekend going into Thanksgiving week, Pandya says, with discounts as deep as 35 percent, only to weaken to about 16 percent for the rest of the season. Overall, Adobe Analytics predicts up to $221 billion in e-commerce sales driven by promotions like cyber week sales and 'Buy Now, Pay Later.' 'The holiday season is that time period where they're really looking to get their gift giving done,' Pandya tells Yahoo Finance, adding, 'and they're wanting to do it in a way where they can get maximum value and kind of manage costs.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live
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