US stock futures higher with PPI inflation, retail sales data in focus

Vanessa Pham might not be a household name on Wall Street yet, but she has plenty of time to make that happen. The 29-year-old co-founded Asian food startup Omsom with her sister, Kim. The company sells chef-crafted packaged noodles and sauces. So far, Omsom has managed to sell more than 4 million products and is available in more than 2,000 stores, including Whole Foods (AMZN), Target (TGT), and Sprouts (SFM). Pham and her sister, the daughters of Vietnamese refugees, were able to secure investors such as Away Co-founder and CEO Jen Rubio, Zola Co-founder and CEO Shan-Lyn Ma, and food-focused VC firm New Fare Partners Founder Elly Truesdell. At Omsom’s office in Bushwick, Brooklyn, Pham gives Yahoo Finance Senior Reporter Brooke DiPalma a literal taste of how she leads her small team to shake up ethnic aisles and change the way consumers eat and think about Asian cuisine. “Omsom is all about being proud and loud, especially when the stereotype of Asian Americans in America's kind of like submissive, or docile,” Pham says. “Omsom is our true kind of energy and ethos and spirit.” Pham details not only how she and her sister have managed to build the brand at such a young age, but also how they were able to launch during the pandemic and endure the collapse of Silicon Valley Bank, which held the business’s capital. Lead This Way is an interview series that features frank conversations with today’s leaders. The series gives consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change, and how they define success for themselves and their organizations. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday. Editor's note: This article was written by Luke Brooks.

Coinbase Global prices upsized private offering of $1.1B convertible senior notes due 2030, aiming to repay outstanding notes and fuel corporate growth.

BNB Chain has unveiled a rollup-as-a-service (RaaS) solution to enable the expansion of custom Layer 2 networks in its ecosystem. The RaaS will …

BNB is also on a roll, and has soared past $600 for the first time in over two years.

ASIC filed a case against Finder Wallet in Dec. 2022 alleging that the Finder’s Earn product offered a debenture.

ETHTaipei: Vitalik Buterin to Share Ethereum's Post-Dencun Upgrade Vision

The Hong Kong Monetary Authority said the second phase will delve deeper into select cases from the first phase.

An Australian court has ruled in favor of Finder Wallet in a lawsuit brought by the country’s financial watchdog against the crypto firm. The court …

A federal judge has ruled that the SEC's lawsuit against crypto firms Gemini and Genesis will proceed in court. 

Amidst a tech-driven market rally and AI stock surges, Bitcoin's climb to $73,400 sparks talks of a buy signal over $72,500.

TAIPEI (Reuters) -Apple supplier Foxconn said on Thursday it expects revenue to increase significantly in 2024 following a slow start to the year amid booming demand for AI servers, after it posted fourth-quarter profit that beat market estimates. The outlook has turned rosier since Foxconn Chairman Young Liu said in November the world's largest contract electronics maker had "relatively conservative and neutral" expectations for 2024. The Taiwanese company said October-December net profit jumped 33% to T$53.14 billion ($1.69 billion) from T$40 billion in the same period the previous year thanks to robust demand for AI servers and strong sales during the peak year-end holiday season.

An Australian Federal Court handed the Australian cryptocurrency industry a major victory in a landmark judgement on Thursday.

Meme coin PEPE has gained more than 21% over the past day, with DogWifHat (WIF) commanding an impressive 44% gain. 

Presidential politics may have sway over the performance of certain stocks, the markets possibly reacting to comments about Meta (META) and Rumble (RUM) from former President Donald Trump.  The commodity market is currently on a run, with prices of Gold (GC=F), Silver (SI=F), and Cocoa (CC=F) trading higher. Silver's relationship to gold may also serve as a useful economic indicator: historically, when silver outperforms gold it signals stagflation.  Beyond the tech sector, the market recorded new record highs among names like Materials (XLB), possibly pointing to a broader market rally. Yahoo Finance Market Report Josh Schafer joins the Live show for break down the top market takeaways for Wednesday, March 13 For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Blockchain Expo North America 2024 Set to Showcase Latest Developments in Crypto Innovation

Yesterday’s Dencun upgrade on Ethereum appears to have fulfilled its promise of reducing transaction costs on Layer 2s. Major Layer 2 chains that …

Franklin Templeton highlights the significant relationship between meme coins like Dogecoin and their underlying blockchains.

FinCEN said in a letter that the $165 million worth crypto transactions linked to Hamas might be exaggerated.

Major Layer 2 chains implementing EIP-4844 have experienced a dramatic drop in average transaction fees following the Dencun upgrade.

Two Binance employees remain under custody in Nigeria over a spat between the government and the cryptocurrency exchange.

Elon Musk said that people will be able to buy Tesla automobiles with Dogecoin cryptocurrency “at some point” in the future.

A South Korean law firm operator was jailed in Busan on March 11 after stealing clients’ money to spend on crypto investments. Read more!

“People with very high expectations have very low resilience—and unfortunately, resilience matters in success,” the billionaire tech founder said.

If you find yourself in a position where you need to withdraw a significant amount of money from your bank account, like $5,000 in one shot, it's important you know what that entails. Find Out: How...

Data centers are expected to drive a surge in electricity demand growth, tripling their power consumption in the US over the next seven years.

Figure introduced a humanoid robot that one engineer said exhibits “common sense,” answering questions and performing tasks simultaneously.

A proposed rule by the Consumer Financial Protection Bureau to supervise digital payment companies faces strong criticism from GOP lawmakers.

The Layer-2 Blockchain Blast network had encountered a disruption in block production due to the Ethereum Dencun upgrade.

Canned water company Liquid Death has become a rising brand in internet circles and music scenes, particularly for its trendy tallboy packaging. Liquid Death Founder and CEO Mike Cessario managed to give water a whole new look, leveraging the popular aesthetic to expand Liquid Death's catalog to now include cans of lemonade and iced tea. Cessario joins Yahoo Finance Live anchor Josh Lipton and reporter Brooke DiPalma to talk about Liquid Death's marketing and its partnership with concert promoter Live Nation (LYV) "All the fun marketing for most food and beverage brands are for unhealthy things. anything that's funny or exciting is typically for candy, junk food, fast food, beer. So we're trying to make a healthy brand that markets in the same funny and fun way as... unhealthy brands," Cessario explains. "We're even starting to source occasions from the beer side of things because this is more of a replacement for beer or soda in people's routine..." Cessario also touches on whether a TikTok ban in the US will put a drag on Liquid Death's online exposure and the brand's general pricing in the food category. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Bitcoin nearly doubled in price since late January, but a "counter move seems to be near," Swissblock analysts said.

Chainlink price is set to witness a major decline due to this cohort. However, LINK could prevent a decline this way.

The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.

(Bloomberg) -- MicroStrategy Inc. announced for the second time in less than two weeks that it will sell convertible notes to buy more Bitcoin while the cryptocurrency surges to record highs. Most Read from BloombergPutin Says Ukraine Deal Requires Security Pledges for RussiaUS House Passes Bill That Would Force TikTok Sale or Ban ItEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryPhysical Intelligence Is Building a Brain for RobotsUnited Tells Boeing to Stop Making Its Long Dela

MicroStrategy is looking to raise more money via debt to continue growing its Bitcoin hoard despite completing a similar offer last week.

The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud.

Boeing’s legal problems are mounting. They are starting to become a problem for the rest of the airline industry too.

Following its $800 million debt raise last week, Microstrategy is planning to sell an additional $500 million of its debt to snap up more bitcoin, as …

Following its $800 million debt raise last week, Microstrategy is planning to sell an additional $500 million of its debt to snap up more bitcoin.

Bitcoin (BTC) is re-entering a bull market “euphoria” zone highly reminiscent of the asset’s strongest historical price runs, according to on-chain analysts at Glassnode.

Advertising companies are poised to benefit from the widespread adoption of artificial intelligence. Macquarie Senior Media Tech Analyst Tim Nollen joins Yahoo Finance Live to discuss how AI can help advertising companies optimize their budgets. Nollen acknowledges that AI "has been a factor for many years already" in the advertising and media landscape. However, he also highlights the "broader implications" of language models like ChatGPT, which could fundamentally change how consumers perform searches. This shift could substantially impact search market revenue, which is already a $200 billion industry, Nollen explains. He notes AI could open up opportunities for advertisers who allocate ad spending to search engines, allowing them to diversify their budgets and explore alternative avenues. Nollen points to companies like AppLovin (APP) as potential beneficiaries: the company could leverage its data "to make their automated ad buying platforms more effective," potentially delivering higher "returns on spending" for advertisers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

Crypto bulls remain in control, with Bitcoin (BTC) hitting fresh record highs above $73,000 on Wednesday, and Ether (ETH) continuing to probe $4,000 in

Yahoo Finance Live anchors Julie Hyman and Josh Lipton provide a preview of the top stories for Thursday, March 14. Economic data will take center stage, with several key reports scheduled for release. Investors will closely monitor February's Producer Price Index (PPI), February US retail sales, and Initial jobless claims for the week of March 8 — potentially influencing the Federal Reserve's decision-making regarding future interest rate cuts. In addition to the slew of economic data, the earnings season will continue with reports from notable companies such as Dollar General (DG) and Ulta Beauty (ULTA). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

Nvidia (NVDA) shares have soared thanks to its early investment in artificial intelligence. Now, investors are constantly on the lookout for the next Nvidia-like stock, especially as the buzz around AI also continues to be the center of discussion on Wall Street. Costanoa Ventures Partner Martina Lauchengco, an early investor in startups, joins Yahoo Finance to discuss where the next round of innovation will come in the AI sector. Lauchengco affirms what's the most important factor in investing in AI-based companies: "For sure the team is the most important thing, you have to assess that through references, but the bar has just become higher. There was $11.5 billion invested into the seed stage last year, but thats down from its peak from a couple of years ago. So we always want to make sure is this a team that knows how to learn and adapt quickly." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Upcoming Bitcoin halving stirs market dynamics with increased selling, but bullish trends may be sustained post-event.

As the adoption of generative AI in business continues to grow, the banking sector is the latest to embrace the technology, aiming to boost productivity and streamline operations. Wells Fargo Managing Director and Head of US Large-Cap Bank Research Mike Mayo joins Yahoo Finance Live to discuss his top AI picks in the banking industry, emphasizing that "if a bank does not have a good AI strategy, I would say they don't have a strategy." Mayo names JPMorgan (JPM) as his "best-in-class" pick, stating that the bank has the potential to become "the Nvidia of banking." He highlights that "more than any other bank" JPMorgan possesses the necessary resources, spending power, data, processes, and personnel to successfully implement and leverage AI across its business. Mayo notes JPMorgan's massive amount of data "is the fuel for AI," which the bank can utilize to gain valuable insight into its operations. Like TikTok's recommended content algorithm, JPMorgan can take advantage of "predictive behavior" models for its consumers.  On the other hand, Mayo identifies Citigroup (C) as his "worst-in-class" pick, stating that "they've failed the last twelve restructurings." He notes that the bank has fallen short on returns and efficiency. However, Mayo says that their consolidation into "five lines of business" could make it easier to tackle problems in each segment. "If they simply meet their targets, they will probably have some of the best year-over-year performance of any large bank."  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

Though meme coins have no "inherent" value and are highly volatile, Franklin Templeton said, they maintain a "strong relationship" with their native …

Just do it. Nike's (NKE) slogan and 'Swoosh' logo that defines the iconic brand is now a staple for footwear, athletic apparel, and pop culture. The company generated more than $51 billion in revenue in 2023, an increase of about $4.5 billion year-over-year. Let's take a closer look at Nike's biggest moments with Beyond the Ticker, which charts its path to becoming a global icon. 1964 Nike was originally founded as Blue Ribbon Sports by Phil Knight and Bill Bowerman on January 25, 1964. 1971 The company was renamed Nike and began using the 'Swoosh' logo, created by Portland State University student Carolyn Davis, who sold Nike the logo for just $35. 1980 On December 2, 1980, Nike went public via initial public offering (IPO) on the NASDAQ at $22 per share. 1984 The company signed Michael Jordan, launching the Air Jordan series. Within the first two months of the shoe’s release, Nike sold $70 million worth of Air Jordans. 1997 Nike spun the Jordan brand into its own division featuring the 'Jumpman' logo. 2004 Nike acquired rival Converse for $309 million. Later that year, Phil Knight stepped down as CEO and president of Nike, but continued his chairman role. 2012 Nike became the official supplier for NFL apparel. 2013 Nike became a member of the Dow Jones Industrial Average (^DJI), replacing Alcoa (AA). 2015 The company was named the official supplier for NBA apparel. 2016 Phil Knight officially stepped down from all duties with the company on June 30, 2016. 2019 In November 2019, Nike stopped selling directly through Amazon (AMZN), focusing more on direct relationships with customers. 2021 On November 5, 2021, Nike stock hit an all-time high, trading at $173.12 per share. With the stock down nearly 20% over the past year, as concerns over slowing sales growth and demand in China mount, investors are waiting for the next leg of innovation from the shoe company. From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today. Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance. Editor's note: This video was produced by Zach Faulds.