Economic Sector Performance Dashboards - Yahoo Finance
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Big names in Big Tech such as Apple (AAPL) and Amazon (AMZN) reported their latest quarterly results with Apple beating expectations on the top and bottom lines while Amazon missed revenue expectations but beat profit expectations. Both reports give insight into the state of the consumer domestically and abroad which is still under pressure from inflation. Maxim Group Managing Director and Senior Consumer Internet Analyst Tom Forte joined to discuss Apple's earnings and give insight into its performance in China. The major indexes closed lower as Wall Street digests hotter-than-expected jobless claims data and a soft US manufacturing print. Coinbase (COIN) posted second quarter earnings, reporting revenue that more than doubled from a year ago. Transactional revenue for the company did jump 138%, however, it missed the 141% Wall Street expectation. Fintech companies are also in the spotlight as major players such as Block (SQ) and MicroStrategy (MSTR) report their quarterly earnings. Both companies fell short on revenue expectations. Shares of Roku (ROKU) are moving higher in after-hours trading on Thursday after the company reported its second quarter earnings, beating expectations for revenue, benefiting from strong ad sales. In addition, the company's guidance for the third quarter were in-line with Wall Street estimates. Shares of Twilio (TWLO) are jumping after the company reported its second quarter earnings, beating analyst expectations for both the top and bottom lines. In addition, the company's third quarter guidance for adjusted earnings per share came in higher than expected. DraftKings (DKNG) stock is moving slightly lower after it reported second quarter earnings with a revenue of $1.10 billion, up 26% year-over-year, but slightly missed expectations. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. For the third quarter, DoorDash sees adjusted EBITDA of $470 million to $540 million far above the Street's $449.2 million estimate. For the second quarter, the company reported an adjusted loss of $0.38 per share and revenue of $2.63 billion, which was better than the estimated $2.54 billion. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. US Secretary of Transportation Pete Buttigieg discussed the Biden administration's new consumer protections for airlines customers, also weighing in on Boeing's (BA) CEO changeup. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. Amazon reported second quarter earnings after the bell on Thursday. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. For the third quarter, DoorDash sees adjusted EBITDA of $470 million to $540 million far above the Street's $449.2 million estimate. For the second quarter, the company reported an adjusted loss of $0.38 per share and revenue of $2.63 billion, which was better than the estimated $2.54 billion. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. The chip sector reverses course from gains seen earlier this week. Will this trend continue or will chip stocks rebound even higher? Volkswagen (VWAGY, VOW3.DE) reported mixed second quarter earnings, missing out on profit expectations which fell year-over-year. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. Moderna's (MRNA) stock is under pressure Thursday morning, falling by up to 20% after reporting mixed second quarter results. Meta shares climbed higher in trading Thursday after the company reported better-than-expected second quarter earnings Wednesday. Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. As the summer travel season continues, major companies like hotel chain Marriott International (MAR) and Norwegian Cruise Line (NCLH) are presenting a mixed picture of consumer travel trends. Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended June 29, 2024. The Hershey Company (HSY) is lowering its full-year outlook after missing second quarter earnings estimates. Roblox (RBLX) stock edges lower despite positive second quarter results and raising its projections for annual bookings. Lastly, shares of fast-casual chain Shake Shack(SHAK) skyrocket on its full-year guidance and second quarter earnings results. Pharmaceutical giant Moderna's (MRNA) stock is under pressure Thursday morning, falling by up to 20% after reporting mixed second quarter results. Meta shares climbed higher in trading Thursday after the company reported better-than-expected second quarter earnings Wednesday. Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. The chip sector reverses course from gains seen earlier this week. Will this trend continue or will chip stocks rebound even higher? Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. As the summer travel season continues, major companies like hotel chain Marriott International (MAR) and Norwegian Cruise Line (NCLH) are presenting a mixed picture of consumer travel trends. Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended June 29, 2024. The Hershey Company (HSY) is lowering its full-year outlook after missing second quarter earnings estimates. Roblox (RBLX) stock edges lower despite positive second quarter results and raising its projections for annual bookings. Lastly, shares of fast-casual chain Shake Shack(SHAK) skyrocket on its full-year guidance and second quarter earnings results. Pharmaceutical giant Moderna's (MRNA) stock is under pressure Thursday morning, falling by up to 20% after reporting mixed second quarter results. Meta shares climbed higher in trading Thursday after the company reported better-than-expected second quarter earnings Wednesday. Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. Wingstop (WING) reported second quarter earnings that exceeded expectations on both revenue and profit. DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales. Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade. Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. The chip sector reverses course from gains seen earlier this week. Will this trend continue or will chip stocks rebound even higher? Volkswagen Group reported mixed results and a downbeat forecast, reflecting some of the deeper challenges facing large multinational automakers. As the summer travel season continues, major companies like hotel chain Marriott International (MAR) and Norwegian Cruise Line (NCLH) are presenting a mixed picture of consumer travel trends. Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended June 29, 2024. The Hershey Company (HSY) is lowering its full-year outlook after missing second quarter earnings estimates. Roblox (RBLX) stock edges lower despite positive second quarter results and raising its projections for annual bookings. Lastly, shares of fast-casual chain Shake Shack(SHAK) skyrocket on its full-year guidance and second quarter earnings results.



https://finance.yahoo.com/sectors/ 

 The global market outlook on China chip restrictions
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Chip stocks are beginning to fall Wednesday as a report from Bloomberg outlines the Biden administration's plans for stricter trade regulations on chip exports to China. Former President Donald Trump made comments in an interview with Bloomberg suggesting Taiwan should pay for US security. Principal Asset Management chief global strategist Seema Shah believes that the US economy will benefit the most from global economic tightening, while the rest of the world will struggle. Shah also highlights India and Japan as countries that are outside of the spotlight and can do well in this trade tariff environment. The chip sector is under pressure due to the potential crackdown on chip makers who ship to China. Shah advises investors to consider diversification and look for other parts of the market that are less expensively valued. The small-cap sector has seen a rotation in recent trading sessions, driven by factors such as valuation, geopolitical tensions, and rate cuts. Shah believes it is still early to determine if this rotation will be sustained. She recommends having exposure to large-cap companies and considering international markets outside of the US. In terms of global economic growth, Shah points out that the US would benefit the most from increased tariffs, while India and Japan are less exposed. She also mentions that a weaker dollar would be good news for emerging markets. Overall, Shah advises investors to focus on high-quality, high-liquidity companies and to consider diversifying their portfolios internationally.



https://finance.yahoo.com/video/global-market-outlook-china-chip-143532161.html 

 Long Beach Economic Partnership Announces Inaugural Participation at SelectUSA Investment Summit
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The Long Beach Economic Partnership (LBEP) made its debut at the SelectUSA Investment Summit in Washington, D.C. The summit, led by the U.S. Department of Commerce, is dedicated to promoting foreign direct investment and has facilitated over $200 billion in investment and the creation/retention of over 200,000 U.S. jobs. The Long Beach delegation included LBEP President/CEO Leah Goold-Haws, City of Long Beach Economic Development Department Executive Director Bo Martinez, and World Trade Center Long Beach Executive Director Felipe Cusnir. The summit aimed to facilitate the export of Long Beach goods and services to countries in Asia, Latin America, Africa, and the European Union, and showcased the city's investment climate and competitive standing. Key connections were made with companies looking to establish their U.S. headquarters, enter the U.S. market, and operate in Southern California.

#LongBeachEconomicPartnership #SelectusaInvestmentSummit #ForeignDirectInvestment #WashingtonDc #Export #Investment #EconomicDevelopment

https://finance.yahoo.com/news/long-beach-economic-partnership-announces-132400003.html 

 Retail sales come in better than expected in June
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Retail sales in June were flat, defying Wall Street's prediction of a decline. Economists had expected a 0.3% decline in spending. However, retail sales in May were revised higher to an increase of 0.3%. June sales, excluding auto and gas, increased by 0.8%, above consensus estimates for a 0.2% increase. The control group, which factors into the Gross Domestic Product reading for the quarter, increased 0.9% in June, above estimates for a 0.2% increase. Nonstore retailers led the gains, rising 1.9%, while gasoline stations saw a 3% decline and motor vehicle and parts dealers saw a 2% decline. The update on consumer spending comes amid a cooling but still growing US economy. The latest data, combined with better-than-expected readings on inflation, have prompted markets to widely expect the Fed's first interest rate cut by the end of its September meeting. Federal Reserve chair Jerome Powell declined to specify when the Fed may start its easing cycle.

#RetailSales #UsEconomy #ConsumerSpending #FederalReserve #InterestRateCut

https://finance.yahoo.com/news/retail-sales-come-in-better-than-expected-in-june-123446812.html 

 June retail sales preview: What to expect
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Wall Street is eyeing the release of June retail sales data, which will provide an update on the state of the US economy. Economists predict a 0.2% drop in retail sales excluding autos, while retail sales including autos are predicted to rise 0.1%. Some American consumers are feeling stretched, with signs of financial challenges and prioritizing essentials over discretionary items. However, there is still spending at the upper end of the income distribution, especially on services. The impact of inflation and higher borrowing costs varies across different types of consumers. The University of Michigan survey of consumers showed a slip in consumer sentiment and concerns about high inflation. The future readings will reveal the effects of inflation and higher rates on retail sales. The release of the June retail sales report will provide important insights into the American consumer and the state of the economy.

#JuneRetailSales #UsEconomy #AmericanConsumer #Inflation #BorrowingCosts

https://finance.yahoo.com/video/june-retail-sales-preview-expect-164025975.html 

 JPMorgan Comes First in Wall Street’s Bank Bond Sales Spree
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JPMorgan Chase & Co. became the first of Wall Street’s six biggest banks to tap the US investment-grade bond market after reporting second-quarter earnings. The bank is selling bonds in as many as four parts, with the longest portion of the offering, an 11-year security, expected to yield 1.35 percentage point above Treasuries. Wells Fargo & Co., Citigroup Inc., and Goldman Sachs Group Inc. have also posted earnings and are potential candidates to sell debt. Bank of America Corp. and Morgan Stanley are scheduled to report on Tuesday. The top banks are expected to borrow more than usual after posting earnings to take advantage of falling yields and get ahead of upcoming US elections. JPMorgan credit analyst Kabir Caprihan expects $21 billion to $24 billion of issuance from the six biggest domestic banks, while Barclays Plc is calling for about $30 billion of sales from the set in the third quarter. The funding backdrop is attractive for bank issuers, with risk premiums on investment-grade bonds narrowing and the overall cost to sell debt falling to the lowest in five months.

#Jpmorgan #WallStreet #BankBondSales #InvestmentgradeBondMarket #Earnings #DebtMarket #Yields #UsElections #RiskPremiums #InvestmentgradeBonds

https://finance.yahoo.com/news/jpmorgan-comes-first-wall-street-153034316.html 

 Dollar Gains and Treasuries Slump on Trump Bets: Markets Wrap
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The dollar advanced and Treasuries fell as investors ratcheted up wagers that Donald Trump would win the US presidential election after an assassination attempt. The greenback strengthened against all other Group-of-10 currencies, the Mexican peso slipped and Bitcoin touched its highest in nearly two weeks. The yield on 10-year Treasuries climbed six basis points to 4.24%. European equity futures traded lower, while S&P 500 contracts pointed to a higher US open. Stocks slipped Asia, with Chinese stocks in Hong Kong extending losses after data showed weakening momentum in the world’s second-largest economy.

#Dollar #Treasuries #Trump #Markets #Investors #PresidentialElection #AssassinationAttempt #Greenback #Groupof10Currencies #MexicanPeso #Bitcoin #Yield #10yearTreasuries #EquityFutures #S&p500Contracts #Stocks #ChineseStocks #HongKong #WeakeningMomentum #Economy

https://finance.yahoo.com/news/us-futures-waver-traders-juggle-221846138.html 

 7 Lessons From the Gen Z Invasion of Costco and Sam’s Club
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Gen Z is playing an important role as some of these major retailers and grocers’ most influential shoppers. Membership for people aged 27 and under has increased by over 60% for Sam’s Club in the last two years. Gen Zers seem to love a good deal and gravitate more toward lower per-unit food costs than previous generations. Items bought in bulk at Costco or Sam’s Club are often split up amongst roommates, friends or family members. Splitting memberships is not allowed, but you can work off a master list and have others Venmo you later. Gen Z shoppers split the cost of membership, focus on the price per unit, prioritize quality, leverage membership benefits, prioritize sustainability, get influenced by social media, and utilize in-store vs. online shopping options. The Gen Z invasion of Costco and Sam’s Club has brought a fresh perspective to wholesale and bulk shopping, emphasizing a blend of digital savviness, value-consciousness, and cost-effective considerations.

#GenZ #Costco #Sam'sClub #WholesaleShopping #BulkShopping

https://finance.yahoo.com/news/7-lessons-gen-z-invasion-210020085.html 

 Trump-victory trades to swell after shooting, investors say
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Investors predict that trades betting on Donald Trump's victory in the 2024 election will increase after the shooting incident at his campaign rally in Pennsylvania. The shooting, treated as an assassination attempt, raises Trump's odds of winning back the White House. Before the incident, markets had reacted to the prospect of a Trump presidency by pushing the dollar higher and positioning for a steeper U.S. Treasury yield curve. Investors expect a more hawkish trade policy, less regulation, looser climate change regulations, and an extension of corporate and personal tax cuts under Trump. Stock prices have been rising, with the S&P 500 and Dow Jones Industrial Average hitting record highs. CEO confidence, consumer sentiment, and small business optimism have historically shifted more favorably in response to Republican victories. World leaders and U.S. politicians condemned the shooting, while some industry executives, including Elon Musk, declared their support for Trump.

#DonaldTrump #2024Election #ShootingIncident #Investors #Trades #MarketReaction #UsTreasuryYieldCurve #HawkishTradePolicy #TaxCuts #StockPrices #CeoConfidence #ConsumerSentiment #SmallBusinessOptimism #ElonMusk

https://finance.yahoo.com/news/trump-victory-trades-swell-shooting-074048986.html 

 Chinese tech companies face increased EU compliance costs amid bloc's new AI rules
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Chinese tech companies are expected to face increased compliance costs in the European Union (EU) due to the implementation of the EU's new Artificial Intelligence Act on August 1. The Act aims to protect fundamental rights, democracy, and the environment from high-risk AI while promoting innovation. Chinese AI firms anticipate spending more time and money to comply with the new rules, potentially hindering innovation. Compliance and assessment requirements are projected to increase research and development (R&D) and testing costs for some companies by 20-40%. The EU's AI Act establishes obligations based on the potential risks and impact of the technology, including prohibited practices, high-risk systems, transparency obligations, governance, post-market monitoring, and market surveillance. Non-compliance can result in fines of up to €35 million or 7% of the offending firm's total worldwide annual turnover. The Act also focuses on the quality, relevance, and representativeness of training data. Chinese regulations, on the other hand, emphasize adherence to socialist values and avoiding content that could harm political and social stability. The EU's AI rules are seen as a blueprint for other governments, and some jurisdictions in Asia are considering similar regulations.

#ChineseTechCompanies #EuComplianceCosts #AiRules #ArtificialIntelligenceAct #Innovation #R&d #TestingCosts #ProhibitedPractices #HighriskSystems #TransparencyObligations #Governance #PostmarketMonitoring #MarketSurveillance #Fines #TrainingData #SocialistValues #PoliticalStability #SocialStability #Asiapacific #HarmonyAndConsistency #CrossmarketRules

https://finance.yahoo.com/news/chinese-tech-companies-face-increased-093000150.html 

 CRH plc (CRH): Why Is It Among the Best Industrial Stocks to Buy Now?
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CRH plc (NYSE:CRH) is listed among the top 10 industrial stocks to buy according to hedge funds. Industrial stocks in the US encompass sectors like manufacturing, transportation, aerospace, defense, and construction. The performance of industrial stocks is closely tied to the overall health of the economy. Recently, industrial stocks have shown resilience amid global supply chain disruptions and economic uncertainty, thanks to technological advancements and diversified service offerings. CRH plc specializes in providing building materials solutions globally and operates through four main segments. In Q1 2024, the number of hedge funds with stakes in CRH plc increased to 75 from 65 in the previous quarter. The combined value of these stakes is approximately $7.92 billion. CRH plc stands to benefit from concentrating its operations exclusively in North America. The company is a significant beneficiary of the exceptional growth in US infrastructure spending. CRH plc ranks 5th on the list of best industrial stocks to buy according to hedge funds.

#CrhPlc #IndustrialStocks #HedgeFunds #Investment

https://finance.yahoo.com/news/crh-plc-crh-why-among-213712825.html 

 Factbox-US banking execs weigh macroeconomic risks, Fed's interest rate path
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Executives from top U.S. banks remain divided over the U.S. Federal Reserve's future path on interest rate cuts and flag deterioration in consumer health. JPMorgan Chase CEO Jamie Dimon warns of potential tail risks, including a changing geopolitical situation. Wells Fargo CEO Charlie Scharf acknowledges the slowing economy and continued headwinds from inflation and interest rates. Citigroup CEO Jane Fraser notes softening labor market and tightening consumer budgets. The banks also highlight stress on consumers with lower credit scores. The challenge for the Fed is finding the best timing for rate changes to cushion against potential softness in the future.

#UsBanking #FederalReserve #InterestRates #Economy

https://finance.yahoo.com/news/factbox-us-banking-execs-weigh-172651075.html 

 CGL Announces Key Promotions and New Service Lines to Enhance Justice Services Operations
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CGL Companies (CGL) has announced organizational changes to enhance its Justice Services operations. The changes include the introduction of a new Deputy Director of Justice Services position and two new service lines: Program Management and Design Services. J. Richard Davidson has been promoted to Deputy Director of Justice Services, Ed Whatley to Director of Program Management, and Tamara Clarke to Director of Design Services. CGL's Program Management approach ensures cost-effective justice facility projects, while Design Services provide a client-centered approach to ensure projects meet the highest standards. CGL is a leading justice consulting and facility maintenance firm with a global presence.

#CglCompanies #JusticeServices #Promotions #ServiceLines #OrganizationalChanges

https://finance.yahoo.com/news/cgl-announces-key-promotions-lines-175100574.html 

 Stock market today: US stocks hold near records as Powell buoys rate-cut hopes
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US stocks held near all-time highs on Wednesday as Jerome Powell's remarks to the Senate and House buoyed rate-cut hopes. The S&P 500 rose roughly 0.5% in mid-afternoon trading after coming off a 36th record close for the benchmark. The Dow Jones Industrial Average jumped 0.4% following a sluggish start to the morning, while the tech-heavy Nasdaq Composite edged more than 0.6% higher. Bets on interest rate cuts have helped stocks eke out fresh all-time highs as signs of slowing in the US economy pile up. In his semiannual testimony to Congress, Powell hinted the stage is almost set for lowering interest rates from two-decade highs, pointing to a cooling in inflation and in the jobs market. But a key test for stocks and rate-cut prospects still lies ahead in the crucial consumer inflation report due Thursday. Meanwhile, TSMC shares popped after the Taiwanese chipmaker's second quarter sales grew at their fastest pace since 2022, thanks to the AI boom. In other corporate news, Microsoft and Apple dropped plans to take observer board seats at OpenAI as antitrust scrutiny heats up.

#UsStocks #RatecutHopes #JeromePowell #S&p500 #DowJonesIndustrialAverage #NasdaqComposite #InterestRateCuts #UsEconomy #Inflation #JobsMarket #ConsumerInflationReport #Tsmc #Microsoft #Apple #Openai #AntitrustScrutiny

https://finance.yahoo.com/news/live/stock-market-today-us-stocks-hold-near-records-as-powell-buoys-rate-cut-hopes-133104537.html 

 Nearly Three-Quarters of US Back-to-School Consumers Will Shop In-Store, According to Sensormatic Solutions Annual Survey
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According to Sensormatic Solutions Annual Survey, 74% of US back-to-school consumers plan to shop in-store, with 43% utilizing 'buy online, pick up in-store' (BOPIS) and 25% using curbside pickup. The survey also reveals that 18% of shoppers plan to start shopping in June, but August is expected to be the busiest month for back-to-school shopping. Safety and comfort in-store, price, and sustainability are key factors for back-to-school shoppers. 34% of respondents plan to spend significantly less due to the state of the US economy. 83% of respondents consider sustainability in their purchasing decisions, with 45% using reusable shopping bags and 41% choosing products with sustainable packaging. Sensormatic Solutions advises retailers to use data-driven technologies to understand customer behavior and adjust their strategies accordingly.

#Backtoschool #Shopping #Instore #Bopis #CurbsidePickup #Safety #Comfort #Price #Sustainability #UsEconomy #Retailers #DatadrivenTechnologies

https://finance.yahoo.com/news/nearly-three-quarters-us-back-133300783.html 

 Stock market today: S&P 500, Nasdaq build on record highs as Powell testimony keeps rate cut hopes alive
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The S&P 500 and Nasdaq closed at new record highs as rate cut hopes remained intact after Federal Reserve chair Jerome Powell's testimony to Congress. The S&P 500 finished just above the flatline to book its 36th record close of the year, while the Nasdaq Composite also built on its previous record. Traders still placed bets that the Fed will cut interest rates twice this year. Powell will appear before the House on Wednesday, setting the stage for a key update on consumer inflation on Thursday. However, there is caution in the market as some analysts predict a summer pullback and a 10% correction.

#StockMarket #S&p500 #Nasdaq #RateCut #JeromePowell #RecordHighs

https://finance.yahoo.com/news/live/stock-market-today-sp-500-nasdaq-build-on-record-highs-as-powell-testimony-keeps-rate-cut-hopes-alive-200102072.html 

 S&P 500 and Nasdaq notch record highs as Nvidia gains
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The S&P 500 and Nasdaq closed at record highs on Tuesday, driven by gains in Nvidia following comments from Federal Reserve Chair Jerome Powell about the potential for rate cuts. Nvidia's stock rose 2.5%, offsetting declines in other chip stocks. Microsoft dipped 1.4%, while Tesla gained 3.7%. Powell stated that more positive economic data would strengthen the case for rate cuts, but he did not provide any signals about the timing of future actions. The Nasdaq achieved its sixth consecutive record-high close, while the S&P 500 achieved its fifth. The market remains optimistic about the growth of artificial intelligence (AI) in the U.S. corporate landscape. Inflation data is expected later in the week, and the three major banks, JPMorgan, Wells Fargo, and Citi, will release their quarterly results on Friday. Analysts predict a 10.1% increase in aggregate earnings per share for S&P 500 companies in the second quarter.

#S&p500 #Nasdaq #RecordHighs #Nvidia #FederalReserve #RateCuts #ArtificialIntelligence #Inflation #Jpmorgan #WellsFargo #Citi

https://finance.yahoo.com/news/futures-higher-megacaps-chip-stocks-102658228.html 

 Offshore Wind Power: A New Era of Energy
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The U.S. offshore wind sector is strengthening the American economy and providing energy independence. Offshore wind projects are creating jobs, enhancing the grid, and improving air quality. The American Clean Power Association (ACP) is leading the clean energy industry in the U.S. with over 800 companies. Frank J. Macchiarola, Chief Policy Officer at ACP, conducted a media tour discussing the momentum of the offshore wind sector, job creation, economic benefits, and environmental advantages. The sector has more than 35 projects under development, with three major projects in active construction. Offshore wind is expected to create 56,000 jobs in the U.S. by 2030 and has committed $3 billion of supply chain investments. The development of more than 40 American-made vessels is underway. The media tour highlights the contributions and potential of the offshore wind sector in transforming the U.S. energy landscape.

#OffshoreWindPower #CleanEnergy #AmericanCleanPowerAssociation #JobCreation #EconomicBenefits #EnvironmentalBenefits #EnergyIndependence

https://finance.yahoo.com/news/offshore-wind-power-era-energy-183800657.html 

 Asian shares track Wall Street higher, markets hope for dovish stance from Powell
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Asian shares tracked Wall Street higher on Tuesday as markets hoped the U.S. Federal Reserve Chair Jerome Powell would sound dovish about easing prospects later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% to just a touch below a two-year top hit on Monday. Japan's Nikkei jumped 1% to a fresh record high. S&P 500 futures gained 0.2% and Nasdaq futures firmed 0.3%, after Wall Street equities inched higher to close at record highs overnight. Fed Chair Powell is set to appear before Congress on Tuesday and Wednesday, as investors wagered a slew of soft labour market data has greatly increased the chance of a rate cut in September to about 80%. The main economic event this week will be the U.S. consumer price report on Thursday, where headline inflation for June is expected to slow to 3.1%, from 3.3% in May, with the core steady at 3.4%. In the foreign exchange markets, the U.S. dollar steadied near four-week lows at 104.98 against a basket of currencies, offering some respite to the battered yen and yuan. Treasuries were steady, having ended Monday mixed. Ten-year government bond yield held at 4.2764%, having slipped for four straight sessions, while two-years were flat at 4.6243%, nearing a three-month low. In commodity markets, gold rose 0.2% to $2,363.31 an ounce, having fallen 1.4% overnight. Oil prices were little changed after a hurricane that hit a key U.S. oil producing hub in Texas caused less damage than expected.

#AsianShares #WallStreet #JeromePowell #FederalReserve #DovishStance

https://finance.yahoo.com/news/asian-shares-track-wall-street-021507219.html 

 US job growth slows moderately; unemployment ticks up
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The U.S. job market remains strong, but is loosening up. The economy added 206,000 jobs in June, higher than expected. However, the unemployment rate ticked up to 4.1%, the highest in over 2-1/2 years, due to more people entering the workforce. Wage gains moderated, indicating easing inflation pressures. Job growth for April and May was revised downward. The U.S. economy has added an average of about 220,000 jobs per month over the past year. Economists say at least 150,000 jobs per month are needed to keep up with growth in the working-age population. Financial markets expect the Federal Reserve to start cutting rates in September.

#UsJobMarket #Unemployment #WageGains #FederalReserve

https://finance.yahoo.com/video/us-job-growth-slows-moderately-155755695.html 

 Global Stocks Hit Peak Level Before US Jobs Data: Markets Wrap
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Global equities were set to hold onto record highs achieved Thursday as traders turned their attention to US jobs data due Friday for clues on Federal Reserve rate cuts. Tokyo’s Topix index touched another record, before slipping. The moves followed gains for European shares, led by French equities. US stock futures were little changed in Asia after markets were closed Thursday for a holiday. A gauge of global stocks was on track for its longest stretch of weekly gains since March. Emerging market equities also benefited as the MSCI Emerging Markets Index rose to the highest level in two years on Thursday. An index of dollar strength steadied Friday after falling for a third day as developing-world currencies were broadly higher, led by the Brazilian real. The pound was little changed after a run of strengthening that began last week, as investors digested the prospect of a Labour Party victory in Thursday’s general election. Exit polling data showed Keir Starmer’s Labour Party is projected to win with a huge majority, as Rishi Sunak’s governing Conservatives were on track for their worst-ever performance and would likely see some of the party’s biggest names voted out of Parliament. France’s CAC 40 benchmark index advanced for a second day in the buildup to this weekend’s final round of voting in snap parliamentary elections. The gauge extended gains as polls suggested Marine Le Pen’s National Rally and its allies will fall well short of a majority. In Asia, Australian and New Zealand yields were little changed early Friday. The yen was also steady after slightly strengthening in a rebound from the lowest level since 1986 reached on Wednesday. Data releases in the region Friday include inflation for the Philippines, Thailand and Taiwan. Reports on Wednesday showed the American services sector contracted at the fastest pace in four years, while the labor market saw further signs of softening before Friday’s key jobs figures. West Texas Intermediate, the US oil price, edged higher early Friday. Bitcoin slipped to trade around $57,800.

#GlobalStocks #UsJobsData #FederalReserve #RateCuts

https://finance.yahoo.com/news/asian-equities-tread-water-us-221926837.html 

 Oil falls on concerns of weaker demand forecasts, slowing U.S. economy
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Oil prices fell in Asia on Thursday, with investors turning cautious on expectations of lower demand as U.S. employment and business data came in weaker than forecast, signalling the economy of the world's top oil consumer may be cooling. Brent crude futures were down 48 cents, or 0.55%, at $86.86 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell 51 cents, or 0.62%, to $83.36 by 0342 GMT. Physical markets are trading post-summer September cargoes when demand could soften partly due to hurricane risks. U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheaper regional and West African oil. Weaker economic data may add to the Federal Reserve's arguments to start cutting rates, analysts said, a move that would be supportive for the oil markets as lower rates could boost demand. U.S. crude and fuel stockpiles all fell by more than expected in the week ending June 28, the Energy Information Administration said on Wednesday.

#OilPrices #DemandForecasts #UsEconomy #BrentCrudeFutures #WtiCrudeFutures #FederalReserve #EnergyInformationAdministration

https://finance.yahoo.com/news/oil-prices-slip-data-points-003723011.html 

 Will Fed rate cut be 'reactive or proactive'?
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The June ISM manufacturing data fell short of expectations, reigniting speculation about a potential Federal Reserve rate cut. BCA Research chief US equity strategist Irene Tunkel anticipates the first cut could come by the end of the year, partly due to "political uncertainty." However, Tunkel emphasizes that the crucial factor is whether the Fed's rate cut is "reactive or proactive." Tunkel believes that if the Fed cuts rates in response to clear signs of a recession, it may not help equity markets. On the other hand, if the Fed cuts rates proactively while the economy is still strong but slowing gently, it could prolong the strong performance of the market. Tunkel also notes that the longer-term trajectory of interest rates and the perception of the market about it will matter. She suggests that the current market rally, driven by a few stocks, is getting tired and it may be time to take profits.

#FederalReserve #InterestRates #RateCut #Economy #EquityMarkets

https://finance.yahoo.com/video/fed-rate-cut-reactive-proactive-151424850.html 

 Novo Nordisk A/S - share repurchase programme
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Novo Nordisk A/S has initiated a share repurchase programme in accordance with regulations. The programme, which began on May 6, 2024, is part of an overall share repurchase programme of up to DKK 20 billion to be executed over a 12-month period starting on February 6, 2024. Under the current programme, Novo Nordisk will repurchase B shares for an amount up to DKK 2.2 billion between May 7, 2024, and August 5, 2024. As of June 28, 2024, Novo Nordisk has repurchased a total of 10,061,625 B shares at an average share price of DKK 873.45 per B share, equal to a transaction value of DKK 8,788,370,170. Novo Nordisk currently owns a total of 11,427,189 B shares as treasury shares, corresponding to 0.3% of the share capital. The company expects to repurchase B shares for an amount up to DKK 20 billion during the 12-month period. Novo Nordisk is a global healthcare company founded in 1923 and headquartered in Denmark. It employs about 66,000 people in 80 countries and markets its products in around 170 countries.

#NovoNordisk #ShareRepurchase #Regulations #BShares #TreasuryShares #Healthcare

https://finance.yahoo.com/news/novo-nordisk-share-repurchase-programme-131900091.html 

 The State with the Most National Historic Landmarks in the US
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New York has the most national historical landmarks in the USA, totaling 275. The state has 6.07 historic landmarks per 1000 square miles. These landmarks represent a rich history including wars, colonial times, heritage, and architecture. One of the most famous NHLs in New York is the Statue of Liberty, also known as Liberty Enlightening the World. The statue symbolizes freedom and democratic values. New York is also among the states with the most Medal of Honor recipients, at 672.

#NationalHistoricLandmarks #NewYork #Usa

https://finance.yahoo.com/news/state-most-national-historic-landmarks-214555107.html 

 Biden and Trump spar on economy in first presidential debate
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President Joe Biden and former President Donald Trump faced off in their first presidential debate of the 2024 general election season. The debate focused on the economy, with topics including inflation, job creation, national debt, Social Security, black unemployment, and the climate crisis. Trump claimed that Biden inherited a perfect economy and blamed corporate greed for inflation, while Biden blamed Trump for ballooning the national debt. They discussed different approaches to address Social Security, with Biden proposing a wealth tax and Trump suggesting tariffs. They also debated the state of black unemployment and the climate crisis. Other topics discussed include abortion, immigration, geopolitics, and the January 6th attacks. The debate included testy exchanges and a strange argument about golf skills. The next scheduled debate is set for September 10th.

#Biden #Trump #Economy #PresidentialDebate

https://finance.yahoo.com/video/biden-trump-spar-economy-first-061429993.html 

 The Most Technologically Advanced City in the US
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The United States is a leader in technological advancement, with trends such as Augmented Reality (AR), Artificial Intelligence (AI), and Blockchain gaining popularity. The tech industry is valued at approximately $ trillion and contributes over 10% to the country’s GDP as of 2024. The tech industry is the second-largest industry in the U.S., with 56% of its market comprised of hardware, software, and services. The U.S. was home to 557,000 tech firms and 13,400 startups as of 2019. San Francisco, CA is ranked as the most technologically advanced city in the US, with a score of 4. It is home to influential companies such as Salesforce and Udemy, and is located near Silicon Valley, the epicenter of tech innovation. The San Francisco Bay Area is the top market for tech talent, with the largest tech labor market employing 378,870 workers. Other technologically advanced cities in the US include Seattle, WA; Austin, TX; Boston, MA; and New York, NY.

#Technology #Us #Cities #SanFrancisco #SiliconValley

https://finance.yahoo.com/news/most-technologically-advanced-city-us-020636959.html 

 16 Nobel Prize-winning economists say Trump policies will fuel inflation
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Sixteen Nobel prize-winning economists signed a letter warning that the U.S. and world economy will suffer if Donald Trump wins the U.S. presidential election. They state that Joe Biden's economic agenda is vastly superior to Trump's. Trump's economic plans, including stiffer tariffs on Chinese imports, would reignite inflation and hike prices on goods bought by U.S. consumers. The letter was signed by economists including Joseph Stiglitz and Sir Angus Deaton. Trump's campaign did not respond to a request for comment. Biden's campaign spokesperson called Trump's economic agenda dangerous.

#Trump #Biden #Economists #Inflation #Tariffs

https://finance.yahoo.com/news/16-nobel-prize-winning-economists-215749577.html 

 "Venture into Storm Center - 2024 WikiEXPO Tokyo Special Summit" Successfully Concluded
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The high-profile "Venture into Storm Center- 2024 WikiEXPO Tokyo Special Summit" concluded in Nihonbashi, Tokyo, Japan on June 22nd. The summit, organized by WikiGlobal, featured discussions on topics such as "Forex Market Forecast for the Second Half of 2024" and "The Path to Successful Forex Trading." Experts shared insights on the potential changes in the value of the Japanese yen and how it affects Japan's global market competitiveness. The summit also included a special networking session for participants to interact with industry-leading experts and establish connections.

#Wikiexpo #Tokyo #Summit #ForexMarket #JapaneseYen

https://finance.yahoo.com/news/venture-storm-center-2024-wikiexpo-224000830.html 

 The Country that Drinks that Most Alcohol per Capita in 2024
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Romania is the country that drinks the most alcohol per capita in 2024, with a per capita consumption of 27.3 liters of pure alcohol in 2019. The most consumed alcoholic beverage in Romania is beer. The market for spirited drinks in Romania has reached around $800 million. The economic costs of harm due to alcohol amount to $1,306 per adult or 2.6% of the global GDP. Anheuser-Busch InBev SA/NV has launched its Global Smart Drinking Goals initiative to reduce the harmful use of alcohol globally and ensure that low- or no-alcohol beer products make up at least 20% of its global beer volume by 2025. Anheuser-Busch InBev had a global production volume of 585 million hectoliters in 2023 and a revenue of $59.38 billion. Men in Romania consume an average of 8.2 drinks per day. The psychiatrist Dan Prelipceanu highlights the significant social costs of alcohol consumption in Romania, including medical complications, premature deaths, and domestic violence.

#AlcoholConsumption #Romania #AnheuserbuschInbev #Beer #EconomicCosts

https://finance.yahoo.com/news/country-drinks-most-alcohol-per-184334968.html 

 Stock market today: Stocks wobble as Nvidia, AI rally shows signs of fatigue
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US stocks mostly wavered below the flatline Friday as a tech-led rally showed real signs of fatigue for the first time in over a week. The benchmark S&P 500 lost around 0.1%, while the tech-heavy Nasdaq Composite fell by 0.2%. The Dow Jones Industrial Average rose close to 0.2%. The AI-fueled rally has been driven by Nvidia, which briefly catapulted to the title of world's most valuable company this week. After a sizable loss on Thursday, it was down more than 2% in morning trading Friday. Other chip stocks, including Broadcom, Super Micro Computer, and Qualcomm, slumped with Nvidia in the early going. Investors are also assessing the broader health of the US economy and the path for interest rates. Former St. Louis Fed president James Bullard, an inflation hawk, suggested that last week's cool Consumer Price Index reading could pave the way for a rate cut in September. Around two-thirds of traders still expect rate cuts to begin then, according to the CME FedWatch tool. On the macroeconomic front, an initial read on US economic activity from S&P Global is due out Friday morning.

#StockMarket #Nvidia #AiRally #Fatigue

https://finance.yahoo.com/news/live/stock-market-today-stocks-wobble-as-nvidia-ai-rally-shows-signs-of-fatigue-133059888.html 

 German Investor Confidence Increases Less Than Anticipated
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Investor confidence in Germany’s economy improved less than anticipated, with the ZEW institute's expectations gauge rising to 47.5 in June from 47.1 in May, falling short of the forecasted 50. A measure of current conditions fell slightly. The manufacturing sector has been a weak spot in the German economy, and there are indications that the moderate recovery is coming to an end. The Bundesbank forecasts the German economy to slowly gain momentum in 2024, with real GDP increasing by 0.3% this year and growth accelerating to 1.1% in 2025 and 1.4% in 2026. However, some economists argue that a renewed phase of stagnation is imminent. Industry data in April suggested a poor start to the second quarter.

#GermanEconomy #InvestorConfidence #ManufacturingSector #EconomicRecovery

https://finance.yahoo.com/news/german-investor-confidence-increases-less-091132947.html 

 The Most Liberal State in the US
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Massachusetts is considered the most liberal state in the US, with 35% of its population identifying as liberal and only 21% as conservative. The state has liberal policies on abortion rights and strict gun control laws. It is known for its robust social safety net, including universal healthcare coverage. Both US Senators from Massachusetts are Democrats. Companies like Amazon, Nike, and Google are known for their liberalism. Amazon supports LGBTQ+ rights and has made significant investments in the US. Nike has consistently given a majority of its political donations to Republicans. Google has been perceived as a liberal-leaning company based on its employees' political contributions. The methodology for ranking the most liberal states is based on liberal-to-conservative ratios. Massachusetts tops the list with a ratio of 1.60. For more details on the most liberal states in the US, refer to the full report.

#Liberalism #Massachusetts #UsPolitics #Companies #Amazon #Nike #Google

https://finance.yahoo.com/news/most-liberal-state-us-162333024.html 

 Stocks Fall on US Economic Data and Europe Angst: Markets Wrap
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The stock market is ending the week on a sour note after a disappointing US economic data and worries that a political crisis in France is deepening. US consumer sentiment unexpectedly fell to a seven-month low. French shares lost roughly $200 billion in market capitalization following President Emmanuel Macron’s decision to call a snap election. The nation’s bonds were at the heart of the rout, with the premium that investors demand to own 10-year debt over safer German peers heading for the biggest weekly surge on record. Traders shunned risk assets. The S&P 500 dropped to around 5,410. The Stoxx Europe 600 fell almost 1%. Treasury 10-year yields declined five basis points to 4.20%. The dollar headed toward its highest since November. The euro is the worst-performing major currency this week against the greenback. Transactions of more than $1 million among the dollar-denominated bonds of major French banks have proliferated in recent days. Tesla Inc. investors re-approved Elon Musk’s compensation and cleared the company moving its legal home to Texas. Adobe Inc. projected strong future sales for its creative products. Furniture retailer RH reported a heavier-than-expected first-quarter loss.

#StockMarket #UsEconomicData #Europe #France #UsConsumerSentiment #Bonds #RiskAssets #S&p500 #StoxxEurope600 #TreasuryYields #Dollar #Euro #Tesla #Adobe #Rh

https://finance.yahoo.com/news/asian-stocks-set-fall-yen-223414813.html 

 Healthcare Spending Will Account for Almost 20% of US Economy by 2032: CMS
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U.S. healthcare spending is projected to grow to nearly one-fifth of gross domestic product (GDP) by 2032, according to a report by the Centers for Medicare and Medicaid Services (CMS). The report states that healthcare spending is expected to grow at an average rate of 5.6% per year from 2023 to 2032, outpacing expected nominal economic growth of 4.3% per year. In 2023, healthcare spending increased by 7.5% annually, reaching a total of $4.8 trillion. Medicare spending rose by 8.4% in 2023, topping $1 trillion, and is projected to climb 6.1% in 2024. Medicaid spending grew by 5.7% in 2023, while private health insurance spending is projected to have risen 11.1%. Hospital spending is projected to have increased by 10.1% in 2023. The report also highlights that insurance coverage is expected to remain above 90% through 2032, with Medicaid enrollment projected to drop by 10.2 million in 2024.

#UsEconomy #HealthcareSpending #Cms #Medicare #Medicaid #InsuranceCoverage

https://finance.yahoo.com/news/healthcare-spending-account-almost-20-232746519.html 

 Oil edges up as OPEC sees relatively strong growth in 2024 oil demand
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Oil prices edged slightly higher as OPEC maintained its forecast for relatively strong growth in global oil demand in 2024. Brent crude futures rose 0.6% to $82.11 a barrel, while U.S. West Texas Intermediate (WTI) crude futures gained 0.6% to $78.15. OPEC and allies agreed to extend deep oil output cuts into 2025. The World Bank lifted its 2024 global growth outlook slightly, but warned that overall output would remain below pre-pandemic levels through 2026. The release of U.S. consumer prices data for May and the conclusion of the Federal Reserve's policy meeting are scheduled for Wednesday. Traders are cautious ahead of the release of macroeconomic data from China on Wednesday, as China's inflation data could impact oil prices. Saudi crude exports to China fell for a third straight month. U.S. crude oil stockpiles were expected to have fallen by 1.8 million barrels in the week to June 7.

#Oil #Opec #GlobalDemand #BrentCrude #WestTexasIntermediate #OutputCuts #WorldBank #FederalReserve #UsConsumerPrices #China #SaudiCrudeExports #UsCrudeOilStockpiles

https://finance.yahoo.com/news/oil-prices-extend-rally-potential-005920418.html 

 Global Peace Index reveals highest number of countries engaged in conflict since Second World War
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The 18th edition of the Global Peace Index (GPI) reveals that 97 countries deteriorated in peacefulness, the highest number since the inception of the index in 2008. Conflicts in [unknown location] were the primary drivers of the global fall in peacefulness, with battle deaths reaching 162,000 in 2023. The GPI also found that 92 countries are currently involved in conflicts beyond their borders, the highest number since the index began. The global economic impact of violence increased to $19.1 trillion in 2023, representing 13.5% of global GDP. Militarisation recorded its largest yearly deterioration, with 108 countries becoming more militarised. There are currently 56 conflicts, the most since World War II, and they have become more international with 92 countries involved in conflicts outside their borders. Last year recorded 162,000 conflict-related deaths, the second-highest toll in the past 30 years. The global economic impact of violence in 2023 was $19.1 trillion, or $2,380 per person. Iceland remains the most peaceful country, followed by Ireland. [Unknown location] is the least peaceful country. The Middle East and North Africa (MENA) is the least peaceful region, home to four of the ten least peaceful countries. The UAE recorded the largest improvement in peacefulness in the region. The number of conflicts resulting in a decisive victory has fallen from 49% in the 1970s to less than 9% in the 2010s. The impact of asymmetric warfare technology has made it easier for non-state groups and smaller states to compete in conflicts. The number of states using drones rose from 16 to 40 between 2018 and 2023, while the number of non-state groups using drones rose from 6 to 91. The conflict between [unknown location] and [unknown location] has caused a deterioration in peacefulness, with Israeli media stories showing negative sentiment towards Palestinians increasing to 92% in early 2023. The conflict has also affected the entire [unknown location] region, with economic consequences and a high risk of open warfare. Militarisation has increased in 91 countries since the start of the [unknown location] war. The US has substantially higher military capability than [unknown location], followed by [unknown location]. Sub-Saharan Africa is now the second least peaceful region, facing increasing political unrest and terrorism. [Unknown location] remains the second most peaceful region, while [unknown location] recorded the worst deterioration in the region. [Unknown location] experienced a minor decline in peacefulness, while [unknown location] recorded the world's most significant peace improvement. The full Global Peace Index 2024 report can be accessed at visionofhumanity.org and economicsandpeace.org.



https://finance.yahoo.com/news/global-peace-index-reveals-highest-040000332.html 

 Euro Falls After Elections, Japanese Shares Rise: Markets Wrap
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The euro fell to its weakest in nearly a month after French President Emmanuel Macron and German Chancellor Olaf Scholz suffered defeats in the European Parliament elections. Japanese shares opened higher thanks to robust economic data. Japan’s Topix rose 0.5% after data on Monday showed the country’s economy contracted less than initially estimated in the first quarter. The yield on 10-year Treasuries advanced after surging Friday, when a solid US jobs report spurred a rethink on Federal Reserve interest-rate cuts and eased concern about an economic slowdown. Upcoming data highlights this week include UK wage numbers, China inflation, and US consumer and producer price figures. Economists at Citigroup Inc. and JPMorgan Chase & Co. changed their calls for a Fed cut in July after the jobs report. Citi’s Andrew Hollenhorst now sees cuts in September, November, and December. JPMorgan’s Michael Feroli predicts a Fed reduction in November. Investors may glean more on the Fed’s resolve to ease monetary policy when US policymakers update their forecasts for interest rates Wednesday. Some key events this week include the FOMC decision, quarterly summary of economic projections, and Fed Chair Jerome Powell’s press conference on Wednesday, and the Japan rate decision on Friday.

#Euro #JapaneseShares #EuropeanParliamentElections #EconomicData #FederalReserve #InterestRates

https://finance.yahoo.com/news/euro-falls-elections-us-stock-222715246.html 

 Why Gen Z may be skewing the employment data
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The US added 272,000 jobs in May, higher than the estimated 180,000. The unemployment rate rose to 4.0%, but average hourly earnings increased more than expected. Deutsche Bank Securities Senior US Economist Brett Ryan believes the Federal Reserve won't cut rates until December based on these data. Ryan points out that the household survey shows a decline in employment for 20 to 24-year-olds, which may be skewing the data. The household survey is also affected by volatility and the impact of immigration. The establishment survey, which provides the nonfarm payrolls number, is more likely to capture the impact of immigration. The employment growth rate for prime age workers is positive, supporting continued consumer spending. The Fed's decision to cut rates will depend on the inflation story.

#EmploymentData #FederalReserve #GenZ #UnemploymentRate #AverageHourlyEarnings #HouseholdSurvey #EstablishmentSurvey #BrettRyan

https://finance.yahoo.com/video/why-gen-z-may-skewing-110002442.html