2023 has seen a cultural shift with icons the likes of Taylor Swift, Greta Gerwig's Barbie movie, and Beyoncé inspiring female empowerment in modern media and a renewed sense of urgency for consumer spending. Marcus Collins, University of Michigan Ross School of Business Marketing Professor, sits down with Yahoo Finance Live to discuss the sociopolitical themes being represented in these media milestones. "The most powerful thing of all this is people aren't consuming because of what these things are, they're consuming because of who they are," Collins explains. "Because of their cultural subscription, how they see the world, and it's being manifested or made material through their consumption." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
2023 has seen a cultural shift with icons the likes of Taylor Swift, Greta Gerwig's Barbie movie, and Beyoncé inspiring female empowerment in modern media and a renewed sense of urgency for consumer spending. Marcus Collins, University of Michigan Ross School of Business Marketing Professor, sits down with Yahoo Finance Live to discuss the sociopolitical themes being represented in these media milestones.
"The most powerful thing of all this is people aren't consuming because of what these things are, they're consuming because of who they are," Collins explains. "Because of their cultural subscription, how they see the world, and it's being manifested or made material through their consumption."
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Reuters
The deadliest attack on civilians in Israeli history on Saturday has led to a dramatic escalation of violence in the region. The Israeli death toll has risen to more than 1,300, according to public broadcaster Kan, while Gaza authorities said more than 1,400 Palestinians have been killed. The attack could prompt "an increase in antisemitism and Islamophobia around the globe", Dimon said, adding that the bank was working closely with the U.S. and international government agencies to guarantee the safety of its employees.
TechCrunch
X, the social platform formerly known as Twitter, came under fire earlier this week in Europe, when European Commissioner Thierry Breton sent a stark open letter to the company warning it of its failure to clamp down on disinformation and illegal content on the platform circulating in the aftermath of the deadly Hamas terrorist attack on Israel. A letter signed by X CEO Linda Yaccarino notes that company has "redistributed resources" and "refocused teams". The letter stays, in Yaccarino's words, "high level", which means that it is light on specific numbers.
Benzinga
Although stock market analysts are not infallible, many investors rely on their ratings and price targets when making decisions about stocks to purchase. This is especially observable on the day when an analyst's rating comes out, as share prices tend to rise or fall significantly from upgrades, downgrades or changes in price targets. Every so often a market will over-correct to an extreme, leaving the price of certain stocks well below recent analysts' price targets. This creates a favorable si
The Wall Street Journal
Homebuilder stocks were down sharply Thursday as mortgage rates hit a fresh 23-year high, prompting concern about a slowdown in demand. Lennar's class A shares were down 5.2% and PulteGroup was 5.1% lower. The SPDR S&P Homebuilders exchange-traded fund was down 4.6%.
Investor's Business Daily
Helmerich & Payne stock just cleared that benchmark with an upgrade from 70 to 81. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they begin their biggest runs.
SmartAsset
New bonds pay more and old bonds are worth less. This is the plain English version of what's going on in the bond market right now. Translated to finance-speak, bond yields are on the rise while returns are steadily falling. For investors, it's a good time to hold and an even better time to buy […] The post Bond Yields Are High and Prices Are Falling: What Does It Mean for Your Portfolio? appeared first on SmartReads by SmartAsset.
Barrons.com
Eli Lilly has agreed to pay $2.4 million to settle an age-discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission. Lilly denied positions to pharmaceutical sales representative applicants due to the company’s “Early Career” hiring initiative, the EEOC’s lawsuit alleged. The initiative, which was in place from 2017 to 2021, included goals designed to change hiring preferences to add more millennials to Lilly’s workforce, the EEOC said.
Bloomberg
(Bloomberg) -- In a fiery start to Bloomberg’s inaugural Screentime conference, Hollywood superagent Ari Emanuel took shots at rival Creative Artists Agency, the leadership at Paramount Global and Fox Corp., and called on Israeli Prime Minister Benjamin Netanyahu to step down.Most Read from BloombergIsrael Latest: US to Offer Citizens Charter Flights From IsraelIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Stocks Drop
Reuters
Tesla now dominates just half of the market, down from the 62% it held in the first quarter, despite a price war started by the Elon Musk-led company to solidify its foothold in the competitive EV arena. However, the company could reverse the downward trend with the launch of its Cybertruck electric pickup truck, which is set to be delivered to customers in the current quarter, the market research firm said. "Higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market," Cox said.
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