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NVDA Jan 2025 1400.000 call

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  • Yahoo Finance Video

    The Trump trade, CDK cyberattack: Asking for a Trend

    On today's episode of Asking for a Trend, Host Josh Lipton break down some of the biggest stories and trends impacting markets. The cyberattack on CDK Global, the software provider for car dealerships across the US and Canada, led to system outages for auto dealers across North America. Meanwhile, prices for new cars remain well above pre-pandemic levels. CoPilot founder and CEO Pat Ryan explains that the hack "really threw the industry back to the Stone Age in a lot of ways because with the systems locked down, they [car dealerships] couldn't do business the way they are." He also points to "structural increases in car prices" leading to consumer pressures: "We're still up over 30% from pre-COVID. So there's sticker shock for people who have bought a car since before COVID. And then when you add in that most cars are bought with financing, about 80% of cars. And so when your car is bought with financing, interest rates go up and prices go up. That has a compounding effect that has really made them unaffordable." The tech sector was dealt a major blow in Wednesday's trading session as chip giants like Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and ASML Holding (ASML) sank in the day's session. Meanwhile, signs of a so-called "Trump Trade" are ringing throughout Wall Street, specifically with interest in M&A activity which could see a pullback if the former president were to take the White House once again. Yahoo Finance markets reporter Josh Schafer joins the show to break down the latest market trends for July 17. The Russell 2000 (^RUT), an index tracking small caps, broke its 5-day winning streak at market close on Wednesday. Market Domination Anchor Julie Hyman breaks down the latest data pointing to potential signs of a rotation out of Big Tech. Warner Bros. Discovery's (WBD) TNT may be losing out on the media rights to the NBA as Comcast (CMCSA) has reportedly reached a deal with the basketball giant. In addition, Disney's (DIS) ESPN and Amazon's (AMZN) Prime Video platform will be paying the NBA more for their game rights. Although Warner Bros. has the option to match the incoming offers, LightShed Partners media and technology analyst Rich Greenfield doubts it will: "I don't believe that Warner Bros. really wants to spend 1.8 plus billion dollars on a rights package for a much smaller package with less playoff games." Catch more Yahoo Finance coverage on the media and streaming landscapes as part of this week's Media, Streaming, & Investing: What's Next special. This post was written by Melanie Riehl

  • Yahoo Finance Video

    China restrictions minimally impact chip makers: Analyst

    The tech-heavy Nasdaq Composite (^IXIC) continues to slide as semiconductor stocks takes a hit from potential plans from the Biden administration to impose stricter restrictions around AI chip exports to China. Former President Donald Trump also made comments to Bloomberg about potentially making Taiwan pay for US defense.  Wedbush Securities SVP of equity research Matt Bryson joins Market Domination to give insights into the chip stock slide. "When you look at what the US is doing in terms of restricting capital equipment sales into China, if they are successful, certainly that would weigh on ASML (ASML), that would weigh on some of the other capital equipment names, Tokyo Electron (TOELY), and that's something to think about," Bryson says. "If China takes a harder stance and starts banning imports, that's something to think about. But, in terms of, again, things shifting immensely for someone like Nvidia (NVDA), where China is a relatively small portion of their revenue because there's already such significant restrictions in place. Thinking about moving away from Taiwan Semi (TSM) anytime in the next 2 to 3 years, I just don't think there's any real implications...There's just there's no alternative to Taiwan Semi." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino


    Nvidia Stock Fights Back. It Won’t Go Gentle Into the Night.

    Investors fled the chip sector Wednesday following comments by former U.S. President Donald Trump over the defense of Taiwan.