Akiko Fujita

Bitcoin hit a new record as results from the US Presidential election improved prospects for former President Donald Trump. The crypto asset soared to $75,000 on hopes of friendlier regulation. With polls closed in all states, the US dollar posted its biggest gain since February 2023, while stock futures soared. US treasury yields jumped as investors now turn their attention to the Federal Reserve’s two-day policy meeting Wednesday.

President Biden signed the CHIPS and Science Act into law in 2022, which provided roughly $39 billion in federal grants to boost semiconductor manufacturing within the United States. However, only a small fraction of the allocated funding has actually been distributed to chip companies so far. With just over two months remaining before President-elect Donald Trump reassumes office, Biden is now racing to finalize these CHIPS Act contracts before the transition of power, according to a Bloomberg report. Yahoo Finance special reporter Akiko Fujita breaks down the details, discussing the feasibility of Biden completing these deals within the limited time frame. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith

President-elect Trump has previously slammed Biden's signature Inflation Reduction Act. But pressure from GOP lawmakers, whose districts have benefited from clean energy investments, suggests the law is more likely to be stripped down than repealed.

Inflation data has long signaled Fed policy changes because of a dual mandate that includes price stability. But now, critics argue the central bank may be too tied to the 2% target.

Yahoo Finance's Akiko Fujita runs through several of this morning's biggest market stories: Bitcoin (BTC-USD) rallies above $93,000, another new record high for the cryptocurrency, while the altcoin dogecoin (DOGE-USD) rises after President-elect Donald Trump taps supporter Elon Musk for his government efficiency initiative. Super Micro Computer (SMCI) has delayed its latest earnings filing yet again. Gym chain Planet Fitness (PLNT) loses out to PureGym on its bid to acquire the bankrupt Blink Fitness, which is owned by Equinox. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

As Big Tech companies look for power sources for their artificial intelligence (AI) data centers, they turn to crypto miners. Both crypto and AI are power-intensive, demanding a significant amount of energy. Yahoo Finance's Akiko Fujita breaks down why bitcoin (BTC-USD) miners, like Hut 8 Mining (HUT), Hive Blockchain (HIVE), Bit Digital (BTBT), and Riot (RIOT), are selling existing power to AI hyperscalers. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.

Inflation is moderating, but economists expect that trend could reverse quickly if Donald Trump follows through with a proposal to impose 10%-20% tariffs on all imports and a 60% tariff on Chinese goods.

The all-out search for electricity to sustain the insatiable appetite for artificial intelligence is providing a lift to another industry with considerable energy usage: crypto mining.

Retailers are approaching the holiday season with cautious optimism, even as shoppers signal they plan on keeping spending in check. That’s the message from analysts as well as from retailers themselves as consumers delve into Black Friday and Cyber Monday deals. The National Retail Federation expects a 3.5% bump in spending online and in-store, between November and December. That would mark the slowest growth rate in six years. At the same time, consumer sentiment is showing signs of improvement, as inflation moderates and lower interest rates take hold. The University of Michigan’s Consumer Sentiment Index ticked up for a fourth straight month in November. However, shoppers remain cautious, citing uncertainty around the economic outlook and President-elect Donald Trump’s policies, including additional tariffs. “I think we will see a little bit more inflation as we move into next year, so I’m a little bit concerned from that perspective,” said Donna Campbell, as she shopped with her daughter. Wit

Retailers rejoice as shoppers search for the best Black Friday deals and promotions, officially kicking off the holiday season for many seeking to finish their Christmas shopping early. Yahoo Finance's Akiko Fujita reports live from the Glendale Galleria shopping mall as outlets prepare for the monumental shopping day, outlining this year's consumer spending forecasts and expectations from major retail chains. The National Retail Federation expects $989 billion to be spent on holiday shopping between November and December 2024. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance host Akiko Fujita examines three of this morning's top trending stories and stocks. Initially rallying on bitcoin (BTC-USD) going above and beyond $100,000 this morning, several crypto stocks are reversing course. ChargePoint Holdings (CHPT) soars as high as 21% after reporting its third quarter earnings results. Salesforce (CRM) stock is taking a dip after pushing higher earlier in the week on the company's latest revenue print and AI outlook. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

Yahoo Finance host Akiko Fujita highlights three of this morning's top stories and trending stocks. Palantir (PLTR) shares are rising after signing a new AI partnership with defense contractor Booz Allen Hamilton (BAH). Shopify (SHOP) gets an upgrade to a Buy rating from Loop Capital Markets analysts. Uber (UBER) will team up with Chinese robotaxi operator WeRide in a move to expand services to Abu Dhabi in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

The timing may finally be right for open platforms like Bluesky as social media moves toward a more fragmented future.

Enterprise artificial intelligence developer C3.ai (AI) surges in Monday's after-hours trading session after posting revenue of $94.3 million and narrowing adjusted losses to $0.06 per share, both prints better than Wall Street expected. Yahoo Finance host Akiko Fujita reports on the company's second quarter performance as it also raises its guidance for fiscal full-year 2025. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

Yahoo Finance host Akiko Fujita breaks down key market headlines in today's Market Minute. Broadcom (AVGO) shares have risen by nearly 20% as fourth quarter results showed strong revenue growth for artificial intelligence. Adobe (ADBE) shares have fallen after TD Cowen downgraded the stock to Hold. Analysts lowered the price target on the company from $625 to $550 per share, citing the company's inability to monetize its AI tech. Affirm (AFRM) acquired its largest-ever capital commitment from private credit firm Sixth Street, investing in $4 billion worth of loans. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Kevin Hall

Logistics firms say lessons learned from the US-China trade war in 2018 and the changes implemented since may help cushion the blow if Trump makes good on promises to hike tariffs on US imports.

Questions are emerging in the space industry about how Elon Musk's relationship with President-elect Donald Trump might advantage SpaceX. ProcureAM Co-founder and CEO Andrew Chanin joins Market Domination Overtime to discuss the implications for the broader space sector. "That's been a big question mark on people's minds," Chanin acknowledges. However, he emphasizes that the space industry requires various participants to maintain successful and efficient operations, particularly as the sector becomes "very geopolitically focused." "Countries may choose to work with certain countries, certain companies and not others," he tells Yahoo Finance. While acknowledging SpaceX's current position, he adds, "SpaceX may have... a pretty decent lead in the race, but that doesn't mean that it's necessarily the only show in town." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith

According to one analyst, crude oil's (CL=F, BZ=F) appeal as a speculative investment play has significantly faded, with the expert going as far as to state, "we may never return to that level of interest." Tom Kloza, OPIS global head of energy analysis, joins host Akiko Fujita to highlight oil’s now fading reputation in the capital world. Kloza reminisces about oil being a major hero during the ages of the Arab Spring crisis (uprisings across Arab world from 2010-11) but now says it's being outplayed by big tech and crypto. "[Oil] was a place that you would see a lot of speculative money go, but it really has lost its mojo," Kloza tells Fujita. "I mean, now that money, that hot money, that fast money, that huge money goes into crypto and it goes into big tech." "I would submit that we may never go back to that," he added. Watch the video above to hear Kloza's forecast for oil prices. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This pos

The Consumer Staples Select Sector SPDR Fund (XLP) is seeing steady gains this year, rising more than 10%. Market Domination Overtime host Akiko Fujita names some of the top performers including Walmart (WMT), Costco (COST), Philip Morris (PM), and Colgate-Palmolive (CL). Walmart is on track for its biggest annual share price gain in decades. On the other hand, Costco continues to drive in big gains with cost-conscious consumers and growth in its e-commerce businesses. Another consumer doing well is Philip Morris — with the tobacco consumer gaining 30% in its smoke-free products. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Josh Lynch

Abrdn director of ETF investment strategy Robert Minter joins Market Domination to discuss the commodities sector outlook as markets prepare for a new administration in 2025. "'Drill baby drill' is the rhetoric for this, but baby's all grown up," Minter tells Yahoo Finance, adding, "What worked in the first Trump administration might not work this time." He explains that the US oil supply is driven by private companies that previously received incentives to increase production, but those incentives have since been taken away. "It takes prices and profit to drive more production, so we might not see just as bullish of a supply increase as people are thinking," he states. Looking ahead, Minter projects Brent crude oil (CL=F, BZ=F) prices will range between $70-85 in the coming year, with prices largely dependent on dollar (DX=F) strength, noting that both oil prices and the dollar cannot simultaneously remain elevated. On gold (GC=F), Minter observes, "This story hasn't changed for three years," pointing to ETF