Josh Lipton
Josh Lipton is a financial journalist with over 20 years of reporting experience, having previously served as Technology Correspondent for over eight years at CNBC and held editorial roles at Bloomberg and Forbes.
- Yahoo Finance Video
Qualcomm & Intel, triple witching: Market Domination Overtime
On today's episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton analyze the market close and discuss some of the biggest stories from the trading day. The Dow Jones Industrial Average (^DJI) closed above its flatline on Friday, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) stumbled in the trading session. Overall, the three market indexes capped off another week of gains on their five-day moving averages following the Federal Reserve's decision to cut interest rates. Lazard chief market strategist Ron Temple argues that the market is "well positioned to continue to gain ground over the long term and the intermediate term." He believes that the Fed's 50-basis-point cut "effectively bought an insurance policy against excessive weakening in the labor market." He continues, "Now you combine that with a strong corporate sector, a strong household sector, good corporate earnings, this is a market that can continue to work." A new Wall Street Journal report notes that Qualcomm (QCOM) approached Intel (INTC) about a possible takeover. Futurum Group chief market strategist Cory Johnson explains, “This would be the biggest deal in the history of the semiconductor industry, ever.” As the election lies just a month and a half away, Yahoo Finance Senior Columnist Rick Newman discusses how voters are weighing Vice President Kamala Harris and former President Donald Trump's contrasting economic agendas. Newman notes that Harris and Trump are polling neck-and-neck when it comes to handling the economy. He explains that the economy used to be one of Trump's biggest advantages over President Biden, and since he exited the race, Harris has "completely neutralized" the advantage. Friday’s market close marked the end of a “triple witching” session where $5.1 trillion in stock index futures, stock index options, and stock options expire simultaneously. EToro US investment and options analyst Bret Kenwell tells Yahoo Finance, “Today was one of the four big expiration dates of the year when it comes to the options market, and you saw that action leading up to today's session with so much back and forth." Finally, Julie Hyman and Josh Lipton break down what to watch next week, from Fed commentary to August's Personal Consumption Expenditures (PCE) data. This post was written by Melanie Riehl
- Yahoo Finance Video
Nuclear energy for AI data centers, Qualcomm & Intel: Market Domination
It's the witching hour for traders: the final trading hour of the week, conventionally coming on a "triple-witching" session for expiring futures and options contracts. Julie Hyman and Josh Lipton are here to catch investors up on the biggest market stories heading into Friday's closing bell. Infrastructure Capital Advisors CEO Jay Hatfield lays out his market predictions in the case of either a Harris or Trump election victory, believing "a Republican sweep" could send his S&P 500 (^GSPC) year-end price target soaring to 6,700. Radiant Energy Group founder and managing director Mark Nelson — who also has a background in nuclear engineering — weighs in on what Constellation Energy's (CEG) deal with Microsoft (MSFT) could mean for adopting nuclear energy to meet electricity demands for AI and cloud computing data centers. According to a Wall Street Journal report, Qualcomm (QCOM) approached Intel (INTC) about a possible takeover bid. TECHnalysis Research president and chief analyst Bob O'Donnell joins the program to talk whether this deal is in the realm of possibility for Qualcomm and its product portfolio. Other top trending stocks on the Yahoo Finance platform include VinFast (VFS), Eli Lilly (LLY), Novo Nordisk (NVO), Qualcomm (QCOM), Intel (INTC), FedEx (FDX), and Trump Media & Technology Group (DJT, DJTWW). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Analyst outlines best options market plays post-triple witching
Friday’s market close marked the end of a “triple witching” session where $5.1 trillion in stock index futures, stock index options, and stock options expire simultaneously. September’s triple witching comes the same week as the Federal Reserve kicks off its rate-cutting cycle and a rebalancing of the S&P 500 (^GSPC). eToro US investment and options analyst Bret Kenwell joins Julie Hyman and Josh Lipton to discuss the options playbook after the big day for options traders. “Today was one of the four big expiration dates of the year when it comes to the options market, and you saw that action leading up to today's session with so much back and forth," Kenwell tells Yahoo Finance. “We had a late day pop in stocks, and a lot of that plays into the expiration, but I think what's really interesting is when you look at the seasonality in September, it tends to be pretty bad for US stocks, and when you really dial into that seasonality, you see a lot of it comes in the so-called back half of mid-month…so that leaves the door open at least to see some choppiness, some profit taking, or some outright seasonal weakness kind of going into the end of the quarter.” Kenwell says he’s expecting strength in the tech sector after “tech has sort of fallen by the wayside amid all this, you know, breadth expansion...suddenly it's gone from the favorite stocks, the leadership group to being, I think it's the fourth or fifth best performer of the year.” Kenwell says there were “a lot of put sales into some of the Magnificent Seven names or a lot of the semiconductor leaders” during downturns earlier in the month. He adds “I don't know that that's necessarily the best way for a retail investor to play. It's probably a more reasonable way to play at this point would be by either buying calls or if they wanted to reduce that cost and limit their upside a bit. Call spread would be a great way to get into it.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Naomi Buchanan.
- Yahoo Finance Video
Market can 'continue to work' through Fed cuts, earnings growth
Lazard chief market strategist Ron Temple joins Market Domination Overtime to discuss the state of the market (^DJI, ^IXIC, ^GSPC) and its outlook as the Federal Reserve has officially kicked off its interest rate easing cycle. "I think the market is well positioned to continue to gain ground over the long term and the intermediate term. I think the Fed's decision this week to cut rates by 50 basis points was somewhat unexpected — yes, priced by the market — but most economists and strategists, including myself, did not think they would actually go through with the 50. I'm glad that they did. I think they effectively bought an insurance policy against excessive weakening in the labor market. Now you combine that with a strong corporate sector, a strong household sector, good corporate earnings, this is a market that can continue to work," Temple tells Yahoo Finance. He notes that the election could be a risk moving forward, explaining that the combination of the winning presidential candidate and whichever party secures control of Congress has the potential to change the United States' economic trajectory. He also points to the growing deficit as a longer-term concern: "You can't continue to run a 6% of GDP [Gross Domestic Product] deficit and expect not to have some consequences down the road." With the third quarter earnings season on deck, Temple expects to see a broadening of corporate profit out of Big Tech and into the rest of the S&P 500 (^GSPC). "When you look, for example, at the second quarter earnings season that we wrapped up about a month ago, the big six tech stocks had earnings gains of over 40%. The rest of the market only delivered about 5% earnings growth year-on-year. By the fourth quarter of this year, the consensus is that's going to narrow down to a 21% earnings growth for the big six tech stocks and 9 to 10% for the rest of the market." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
- Yahoo Finance Video
Fed commentary, August PCE, Costco earnings: What to Watch
The whole gaggle of Federal Reserve officials, including Chair Jerome Powell and Vice Chair for Supervision Michael Barr, will be releasing commentary next week following the central bank's move to cut interest rates by 50 basis points this past Wednesday. August's Personal Consumption Expenditures (PCE) index — the Fed's preferred inflation gauge — is due out next Friday, September 27. Costco Wholesale (COST), Micron Technology (MU), and Accenture (ACN) are among the companies reporting quarterly earnings results throughout the week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
A takeover of Intel could push Qualcomm into new realm: Strategist
Amid reports that Qualcomm (QCOM) approached Intel (INTC) about a possible takeover, Futurum Group chief market strategist Cory Johnson sits down with Josh Lipton and Julie Hyman on Market Domination to take a closer look at what a potential acquisition would mean for the two chip companies. “This would be the biggest deal in the history of the semiconductor industry, ever,” Johnson says, explaining, “Intel was once the largest semiconductor company in the world. It is no longer… They are still very much wedded to selling chips into PCs because their business is selling chips into the data center has just not worked out. They've missed so many product cycles with Nvidia (NVDA) cleaning their clocks in the data center, and that shows no sign of any immediate change.” Johnson notes that Intel’s recently announced deal with Amazon Web Services (AMZN) could give some hope that “they're going to be able to get some of their semiconductor manufacturing business into a better place as they build out facilities all around the world, and especially in the US.” Looking at how a merger would complement Qualcomm’s and Intel’s respective portfolios, Johnson says “Intel [has] things that Qualcomm really doesn't have." "It's got manufacturing prowess; it's got a place in data centers and in PCs. Qualcomm has some plans around PCs, but Qualcomm is largely a smartphone company. Most of their business is making chips for smartphones…. that is something that Intel's famously missed out on for decades now," he says. If Qualcomm were to take over Intel, it could fundamentally change the company’s business as “historically [Qualcomm] has not made their own chips.” An acquisition would have to be approved by regulators, but the strategist believes in this instance, national security interests may trump antitrust concerns: “We really need a strong chip industry in this country to fight against the risk of the concentration we have in Taiwan. And something that would help Intel survive and do better, which this merger might be seen as might be welcomed by Washington.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Naomi Buchanan.
- Yahoo Finance Video
A potential Qualcomm takeover of Intel 'makes sense': Analyst
The Wall Street Journal has reported that Qualcomm (QCOM) has approached Intel (INTC) about a potential takeover. Bob O'Donnell, TECHnalysis Research president and chief analyst, joins Market Domination to break down the news and what it could mean for the struggling chip designer. "It would be an enormous change. I do think in the current regulatory environment, it's going to be very difficult for Qualcomm to pull it off. I mean, there is a certain logic to it... Obviously, Qualcomm is this very successful US-based chip designer. Intel's got their own business. They have had a lot of challenges..." O'Donnell tells Yahoo Finance. "It's not surprising to me that we've seen some people, potential suitors, come out and say, 'Hey, this looks like a great opportunity because I still believe in the long run, Intel has got a lot of opportunity.'" He explains that the move makes "a lot of sense" since Intel and Qualcomm's products do not have significant overlap. "They have complementary types of products. Some of their products compete, for example, in PCs, but they could be seen as complementary offerings," he says. Overall, he sees regulatory issues becoming more of a concern than product offerings. If Qualcomm were to buy a portion of Intel's business, O'Donnell believes it would likely have its eye on the existing chip business, since it does not have much experience in the foundry. He adds, "My initial thought is they're going to go for the products. But you know, part of the challenge that Intel is facing is that that foundry business has to stay alive. It's too important to fail from a US manufacturing and tech competitiveness perspective. And it's not clear that right now it's got enough on its own." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
FedEx downgraded by Morgan Stanley after Q1 earnings miss
Morgan Stanley downgrades FedEx (FDX) from Equal-Weight to Underweight after the company's fiscal first quarter earnings miss sent shares reeling on Friday. Market Domination hosts Josh Lipton and Julie Hyman take a look at the analyst note from Morgan Stanley's Ravi Shankar and what it means for the postal carrier heading into the 2024 holiday season. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
- Yahoo Finance Video
Microsoft goes nuclear to power AI data centers: Expert
Nuclear energy has been a hot topic in investors' minds after Microsoft (MSFT) and Constellation Energy (CEG) announced an agreement to restore a dormant nuclear power plant to power the tech company’s AI and cloud data centers. Radiant Energy Group founder and managing director Mark Nelson joins Josh Lipton and Julie Hyman to explain how nuclear energy could power the artificial intelligence era. Microsoft wants to restore the Three Mile Island nuclear power plant in Londonderry Township, Pennsylvania, known for one of the largest nuclear disasters in the US when one of the plant's two reactors melted down in 1979. A nuclear engineer himself, Nelson explains that the plant’s other reactor “kept going for 40 years. The only reason it closed in 2019 is because fossil fuels were really cheap.” He says there’s a renewed interest in nuclear energy today because “we're running out of other energy sources… we're running out of power, and we're realizing that if we're going to have everybody buy electric vehicles, we have to be able to charge it from power plants that run all the time.” Nuclear power plants could help meet the energy-intensive needs of training and running AI, which has brought the utilities sector into focus. Nelson says building new nuclear plants and restoring existing ones could help. “The very best American design for a nuclear plant is being built in China over and over again for about four years or so per reactor and about $3 billion. I don't think we're going to meet China's prices for building our reactors, but we could probably do a lot better building our reactors if we do it in series with the same design, the same plant layout, and we do it over and over," the expert tells Yahoo Finance. “Fortunately, we've got designs that are licensed and ready to go today at existing nuclear plants that already serve tens of millions of customers. Aand those are the plants that are being approached by the data centers. So I think to get over this hump, we have to accept that we've got outstanding equipment ready to install. We've just forgotten how to do it and we need to do it the same way every time.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
- Yahoo Finance Video
A Republican sweep would raise S&P 500 target to 6,700: Strategist
US stocks (^DJI, ^IXIC, ^GSPC) slipped from record highs on Friday as the Federal Reserve's rate cut rally faded following a surge in Thursday's session.. Infrastructure Capital Advisors CEO Jay Hatfield joins Market Domination to speak with Julie Hyman and Josh Lipton about the moves in the markets this week. “We really just thought they wouldn't raise 50 [basis points] because we think the Fed really needs to be reformed. They have a very rigid, rule-based approach," Hatfield says, who later added that the Fed "absolutely should have cut in July. That became obvious to everyone.' As the 2024 presidential election approaches, investors are waiting to see how the results will impact their portfolios. When speaking about the impact of the election, Hatfield says "we do have two different targets — 6,700 if the Republicans sweep and they cut taxes to 15% because the regulation, it helps a little bit." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Conor Hickey.
- Yahoo Finance Video
VinFast under pressure after reporting Q2 losses, stock falls
Shares of VinFast (VFS) are under pressure after delivering wider-than-expected unaudited second-quarter losses. Market Domination Hosts Julie Hyman and Josh Lipton dig into the Vietnamese EV maker's latest earnings report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Why Apple's iPhone 16 just is 'not hitting home' with consumers
Apple’s (AAPL) newest iPhone lineup is now in stores. However, the release of the iPhone 16 comes without the tech giant’s AI features — dubbed Apple Intelligence — which is slated for an October rollout. “We're very much in the early days of AI, a lot of questions by consumers around the benefits” says TECHnalysis Research President and Chief Analyst Bob O'Donnell. O'Donnell tells Yahoo Finance that there are some “fundamental challenges” right now in Apple's push for a device upgrade cycle, affirming that he is still a big believer in AI in the long run. As for the smartphone business overall? O'Donnell says it has stalled as consumers wait longer to upgrade their smartphones: "The hope was that these AI features from Apple would be that trigger for change, but it doesn't look like that's going to happen for a while." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Ivana Freitas.
- Yahoo Finance Video
Trump Media stock plummets further as lock-up period expires
Shares of Trump Media & Technology Group (DJT, DJTWW) are falling as the lock-up period preventing investors from selling their shares expires today. Former President Donald Trump said he has no plans to sell his stake in the company. Market Domination Hosts Julie Hyman and Josh Lipton analyze the stock's performance over the last six months and note some of the smaller shareholders who have sold their stakes. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Intel reportedly approached by Qualcomm for takeover: WSJ
Chip giant Qualcomm (QCOM) reportedly approached fellow semiconductor manufacturer Intel (INTC) about a possible takeover bid, according to the Wall Street Journal. Market Domination co-hosts Julie Hyman and Josh Lipton report on this story with the details current available and how Intel's stock is reacting to this headline. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Apple iPhone 16 lineup hits stores without its AI features
Apple's (AAPL) iPhone 16 lineup is finally available in stores today as consumers continue to wait for its highly anticipated AI features. Asking for a Trend Host Josh Lipton joins Catalysts from the Fifth Avenue Apple Store to discuss the rollout of Apple Intelligence next month and whether it will spark a meaningful upgrade cycle. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Yahoo Finance Video
Apple customers are lining up for the iPhone 16, now on sale
Apple's (AAPL) iPhone 16 is here and consumers are already coming in droves to get their hands on the new device. Yahoo Finance anchor Josh Lipton reports live from the Fifth Avenue Apple Store in New York City where the new iPhones are already being sold, an occasion marked by CEO Tim Cook opening the doors to customers For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
What the new Nike CEO's priorities should be: Analyst
Nike (NKE) is getting a new CEO. Elliott Hill, who was a longtime executive at the company, will be replacing retiring CEO John Donahoe effective October 14. Bernstein senior analyst Aneesha Sherman thinks Hill has "the right skill set" for the role and that the C-suite shake-up is good for the stock. So what will he need to do? Sherman says his first task will be "to set a path forward" for the apparel giant and "give investors a sense of where this company is headed." But then he'll really have to get to work. "This is a tanker that needs to be moved and it takes time. But I think investors will give him a pass if the targets sound reasonable, the goals sound reasonable and will give him a pass for the next 6 months to a year to fix the ship before it starts moving again," she tells Yahoo Finance. Watch the video above to hear why Sherman says one of Hill's priorities also needs to be helping Nike get its "mojo" back. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Nike CEO's retirement, AI-powered ETF: Asking for a Trend
On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories from the trading day. A big C-suite shake-up is coming to Nike (NKE) as CEO John Donahoe announced his retirement. He will be replaced by former Nike executive Elliott Hill, effective October 14. Bernstein senior analyst Aneesha Sherman likes the move, arguing it's good news for the stock for two reasons: Hill will be the new CEO and the announcement's timing. She notes that Hill has a long history at Nike, especially with the product, and appears to be well-liked at the company. "This is not only the right skill set in terms of understanding product and understanding Nike. I think he will be the right leader in terms of communication and vision because he's already very well known and liked within the organization," Sherman tells Yahoo Finance. Intelligent Alpha founder and CEO Doug Clinton joins the show to break down the investment firm’s new artificial intelligence-powered exchange-traded fund (ETF), Intelligent Livermore (LIVR), and how AI could transform trading. “We have created an investment committee built on AI [with] three different large language AI models: GPT, Claude, and Gemini. They analyze data and a philosophy that we give those committee members, and then they create a portfolio of stocks that reflect whatever portfolio or exposure we want the AI to create for us,” Clinton explains. Intelligent Alpha launched its AI-powered ETF Wednesday on the Nasdaq, and says that it is currently exposed to major investing themes like AI through names like Meta (META), as well as global markets like Asia and Latin America. TikTok was in court earlier this week making its case against the so-called "ban bill" which would require its Chinese parent company ByteDance to divest from the social video app or risk a nationwide ban. Project Liberty Founder Frank McCourt is hoping to acquire the company. "I think it's pretty clear to everyone now that the Chinese Communist Party controls TikTok and that they're holding the information on 170 million Americans, is not a good thing. It's a real threat. And of course, the ability to manipulate 170 million Americans is even more of a threat." If McCourt were to acquire TikTok, he would plan to migrate the platform's users to a "new protocol where each individual would control their identity and their data." He emphasizes that he is not interested in the algorithm, saying, "We don't need it, and we don't want it." This post was written by Melanie Riehl
- Yahoo Finance Video
Stocks roar to life after Fed cut, biotech names: Market Domination
It's the final trading hour of Thursday, and seemingly nothing can keep stocks from moving higher today. Market Domination hosts Julie Hyman and Josh Lipton cover the biggest market themes and industry stories as equities soar in response to yesterday's interest rate cut announced by the Federal Reserve. Market Domination welcomes Evercore ISI senior managing director of equity, derivatives, and quantitative strategy Julian Emanuel to talk about whether "undue speculation" has enough stopping power to kill the bull market run. Eric Rosengren, the former president of the Federal Reserve Bank of Boston, weighs in on the Fed's decision to cut by 50 basis points at the central bank's September policy meeting. BMO Capital Markets managing director of biopharma equity research Evan Seigerman shares expert insights into the biotech stocks making waves in the medical world that aren't just another pair of weight-loss drug manufacturers. Other top trending stocks on the Yahoo Finance platform include Mobileye Global (MBLY), Intel (INTC), Mercedes-Benz (MBG.DE, MBGAF), Target (TGT), and Skechers (SKX). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Dow, S&P 500 notch record closes, Nike's CEO is out: Market Domination Overtime
US stocks continued to rally as investors digested the Federal Reserve's rate cut with the Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) closing at record highs. Josh Lipton and Julie Hyman take a look back at the day's market moves and the top trends on investors' minds on Market Domination Overtime. Morgan Stanley Investment Management co-CIO of global balanced funds Jim Caron joins to discuss the Fed's move and what it means for markets. Amid the artificial intelligence (AI) boom, power has become a key concern given the energy-intensive demands of data centers. Schneider Electric (SU.PA, SBGSY) CEO Peter Herweck sits down with Yahoo Finance to discuss the energy needs of AI infrastructure and how it's driving demand. After Nike (NKE) announces its CEO, John Donahoe, is stepping down to be succeeded by Elliott Hill, Yahoo Finance executive editor Brian Sozzi joins the Market Domination Overtime team to examine what the news means for the company and its investors. MGM Resorts International (MGM) president and CEO Bill Hornbuckle outlines the hotel-casino operator's performance and outlook for Yahoo Finance. This post was written by Naomi Buchanan.