Previous close | 6.75 |
Open | 6.75 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 75.00 |
Expiry date | 2024-06-21 |
Day's range | 6.75 - 6.75 |
Contract range | N/A |
Volume | |
Open interest | 846 |
As the first quarter of 2023 comes to a close, we asked 4 CEOs what they expect to see in Q2. The chief executives of WeWork (WE), Trex Co. (TREX), Santander (SAN), and the incoming CEO of Lyft (LYFT), all joined Yahoo Finance to share their outlook for the coming quarter. Santander U.S. CEO Tim Wennes told Yahoo Finance LIVE, “the consumer is resilient today. We've still seen consumer spending holding up. We've seen continued activity in terms of borrowing, but there's a lot of uncertainty.” You can find full video interviews below: 'Efficiency is in the air': Incoming Lyft CEO WeWork: ‘This is our moment,’ CEO says U.S. housing market: The ‘higher-end consumer is still very active,’ Trex CEO says Trust, confidence ‘impacted’ by U.S. banking crisis, Santander CEO says
Blue chip stocks can be an excellent source of stability for your portfolio because they're established companies with recognizable brands and track records of success. During difficult market conditions, blue chip stocks often hold up quite well. In recent weeks, the fall of SVB Financial and Signature Bank have dragged down the entire financial sector.
The Federal Reserve is still battling stubbornly high inflation, along with new concerns over the state of the country's financial system. The concerns have sparked global jitters and can ultimately "trump the inflation objective in the very near term," Krishna Guha, Evercore ISI Vice Chair, tells Yahoo Finance. The Fed is trying to "walk and chew gum at the same time," he says. Much of Wall Street remains split on the Fed's next move. The bar for pausing and the bar for cutting are "very, very different," Guha says. "The bar for pausing is not that high," while the bar for cutting is "much higher" on both a qualitative and quantitative sense, Guha explains. "You can pause on the expectation that things are going to move in a more disinflationary direction. But...you're only cutting upon substantial further realized growth in moving toward inflation heading back toward target," he says. "A severe enough episode..could stomp out the Fed's focus on realized inflation progress." You can watch Guha's entire interview with Brad Smith and Julie Hyman here. Key Video Moments 00:00:21: Fed's inflation objective 00:00:47: The bar for pausing vs. cutting