Equinix assumes no obligation and does not intend to update or comment on forward-looking statements made on this call. In addition, in light of Regulation Fair Disclosure, it is Equinix's policy not to comment on its financial guidance during the quarter unless it's done through an explicit public disclosure.
Marvin Loh, State Street senior global macro strategist joins Morning Brief to discuss how the tech sector (XLK) will be impacted by the Federal Reserve's rate-cutting cycle. Loh believes that tech will be "one of the bigger beneficiaries" of the Fed's interest rate cuts. He notes that the sector has demonstrated strong earnings growth, and it is one of the few areas of the market that hasn't experienced significant revisions. "So that kind of stronger story is still out there. You know, quality growth generating cash and really defendable moats are kind of where you want to put some of your long-term bets," he tells Yahoo Finance. He is bullish on AI, and believes that the technology will continue to drive valuations higher. Thus, if investors have exposure to these mega-cap AI players, he advises them to "sit tight, hold on," as "the story still has many chapters to be played out." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Melanie Riehl
Addison Rowan was captain of her high school volleyball team when she was diagnosed with a rare kind of cancer in her left breast
The charts for nuclear power plays Vistra and Constellation Energy suffered notable setbacks this week, leading the losses on the S&P 500 on Wednesday. Vistra recently leapt past Nvidia, taking the mantle of "new king" as the S&P 500's top gaining stock this year. Vistra advanced 1% to 125.41 and CEG edged up 0.8% to 264.28 Thursday during market action.
While September's Consumer Price Index (CPI) report saw prices inflate by 0.2% month-over-month and 2.4% year-over-year, what does this entail for sectors where inflation tends to be a lot more sticky? Yahoo Finance’s Alexandra Canal and Madison Mills sit down with Morning Brief hosts Seana Smith and Brad Smith to break down September’s hotter-than-expected Consumer Price Index (CPI) with a focus on shelter pricing and auto insurance costs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.
Where to go to beat the post-Christmas blues
Nike stock received an upgrade. Analysts feels more positive about the retailer's recovery process. Shares led the Dow premarket.
We're taking notes...
When there is a common disconnect between the economy in the U.S. and the general public's negative perception of it, especially when it comes to younger generations, you might find yourself in...
The partnership will create a free digital hub that guides fans to women’s sports news and analysis from Yahoo Sports and The Athletic.
KANARRAVILLE, Utah, October 10, 2024--BZI's Commitment to Utah Communities and Innovation Park Featured at the One Utah Summit, October 7-9, 2024
Prestigious Annual Awards Program Recognises Outstanding Information Security Products and Companies Around the WorldLOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- CyberSecurity Breakthrough, a leading independent market intelligence organisation that recognises the top companies, technologies and products in the global information security market, today announced that BLOCKAPT has been named “Overall Cyber Posture Company of the Year” in the 8th annual CyberSecurity Breakthrough Awards program.
WASHINGTON, October 10, 2024--Odgers Berndtson Aligns U.S. and Canadian Businesses: A strategic move to prioritize clients and enhance the firm’s integrated leadership offering.
Prestigious Annual Awards Program Honors Outstanding Information Security Products and Companies Around the WorldLOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies, and products in the global information security market, today announced that it has named Barracuda Networks, Inc., a trusted partner and leading provider of cloud-first security solutions, as the winner of t
SAN JOSE, Calif., October 10, 2024--Zumigo DeRiskify wins "Fraud Prevention Innovation of the Year" in 2024 CyberSecurity Breakthrough Awards program.
Multiple fatalities have already been reported as Hurricane Milton continues to wreak havoc as it moves off Florida’s east coast
Health workers have been told to look out for signs and symptoms of blood clots.
Musk said the rollout of Space X’s Starlink services has been ‘accelerated’ for people in areas affected by the hurricanes
Prestigious Annual Awards Program Recognizes Outstanding Information Security Products and Companies Around the WorldLOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market, today announced that BlackFog, the leader in ransomware protection and anti data exfiltration (ADX), has been selected as winner of the “AI-based Cyb
Stock Market Today: The Dow Jones dropped Thursday on a hot inflation report. Tesla skidded before its Robotaxi event.
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