Morning Brief

Yahoo Finance's flagship show, the Morning Brief, is your ultimate guide to making smarter decisions for your portfolio.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your top 3 things: Nvidia tumbles, Salesforce CEO touts AI opportunities, and a read on the economy.Yahoo Finance's flagship show, the Morning Brief, is your ultimate guide to making smarter decisions for your portfolio.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wall Street faces a heavy day of earnings from retail giants Kohl's Corp. (KSS), Abercrombie & Fitch Co. (ANF), and Foot Locker (FL) this morning. After the bell, CrowdStrike (CRWD) will also report its first earnings results since its massive outage impacted operations worldwide in July. Nvidia's (NVDA) highly anticipated results will also be released after the bell.Takeaways: The main spotlight is on Nvidia as the semiconductor giant prepares to release its second-quarter earnings after the closing bell. Crypto asset bitcoin (BTC-USD), which has seen its price dip below $60,000 in Wednesday's trading session. Then, the focus shifts to the retail sector, following earnings reports from industry giants Kohl's (KSS), Foot Locker (FL), and Abercrombie & Fitch (ANF). Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Morning Brief hosts Brad Smith and Madison Mills guide investors through the market open, covering the biggest industry stories and talking to top Wall Street and economic experts.Takeaways: Tech drags the S&P 500 and Nasdaq lower. Apple CFO Luca Maestri will step down at the beginning of 2025 and transition into a new executive role on Apple's Corporate Services team. Media mogul Edgar Bronfman Jr. withdraws $6B offer to acquire Paramount parent company National Amusements. Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stocks (^DJI, ^IXIC, ^GSPC) jumped last week, fueled by Federal Reserve Chair Jerome Powell's commentary on Friday that boosted investor confidence in a potential rate cut in September. We also cover a range of trending tickers, providing stock reactions and company updates for IBM (IBM), PDD Holdings (PDD), and Boeing (BA). Takeaways: Nvidia has rallied in recent trading sessions but has failed to spark similar gains in the broader market. NASA is turning SpaceX for it's ongoing astronaut rescue mission instead of having them return on Boeing's Starliner. Crude oil prices take center stage as Middle Eastern tensions escalate.  Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

VP Kamala Harris accepts the Democratic nomination on the final night of the Democratic National Convention in Chicago. Federal Reserve Chairman Jerome Powell is speaking at the Federal Reserve Bank of Kansas City’s Jackson Hole Economic Policy Symposium. And, Cava (CAVA) shares are jumping after its most recent quarterly earnings topped expectations, with the company raising its full-year outlook.Takeaway:  Investors digest Vice President Kamala Harris's nomination speech at the Democratic National Convention last night. Federal Reserve Chair Jerome Powell will deliver his own speech Friday morning at the Jackson Hole Economic Symposium. Cava Co-Founder and CEO Brett Schulman sits down with Brad Smith and Brooke DiPalma in-studio to talk about the Mediterranean fast-casual restaurant's latest earnings results, guidance, and plans to integrate AI into its kitchens. Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Reserve kicks off its annual symposium in Jackson Hole, WY, this morning. The gathering comes after the minutes from the central bank’s latest meeting pointed to a likely interest rate cut next month. On the earnings front, we heard from big names, including Peloton (PTON), Baidu (BIDU), and Advance Auto Parts (AAP) this morning. Yahoo Finance trending tickers include Snowflake (SNOW), Lucid (LCID), and Zoom Video (ZM).Takeaways: Fed Chair Jerome Powell is set to give a speech Friday night that could hint at how much the central bank could cut interest rates in its September policy meeting. US initial jobless claims for the prior week came in line with economist expectations — 232,000 — while increasing from the previous week, which could point to a cooling labor market after yesterday's payroll revisions. Minnesota Governor and Vice Presidential candidate Tim Walz accepted his nomination in a speech at the Democratic National Convention (DNC) on Wednesday night, endorsing Kamala Harris’s economic agenda. Vice President Harris is scheduled to formally accept her nomination and speak at the DNC tonight. Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Major retailers Target (TGT) and Macy's (M) released their latest earnings results. While Target surges after topping estimates and Macy's sinks on a revenue miss, both companies showcase different sides of the American consumer that continues to seek out discounts.The Morning Brief hosts Seana Smith and Brad Smith tackle all this and more leading into Wednesday's market open.Truist Co-Chief Investment Officer and chief market strategist Keith Lerner shares his insights into the stock market (^DJI, ^IXIC, ^GSPC) rebound led by major tech stocks.TD Cowen senior research analyst Oliver Chen also joins the program to discuss the "choppy" consumer environment for Target as elevated inflation is still a hindrance to large segments of Americans.Other top trending stocks on the Yahoo Finance platform include Ford (F), Tesla (TSLA), Walmart (WMT), and JD.com (JD).you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Stock futures (^DJI, ^IXIC, ^GSPC) are mixed ahead of Tuesday's market open as the S&P 500 and Nasdaq Composite seek to extend their win streak. Simultaneously, investors are increasingly bullish on the idea that the Federal Reserve will cut interest rates by 25 basis points in September.Home improvement retailer Lowe's (LOW) reported mixed second quarter results, posting revenue of $23.59 billion ($23.9 billion expected) and adjusted earnings of $4.10 per share ($3.97 per share expected). Lowe's cut its full-year guidance and sales forecasts on consumer pullbacks tied to housing market challenges.President Biden delivered a keynote speech at the first night of Democratic National Convention (DNC) in Chicago, where he passed the baton to Vice President Kamala Harris in her 2024 presidential bid.Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Stock futures are flat ahead of Monday's market open as the Federal Reserve's Jackson Hole Economist Symposium is set to start on Thursday, August 22. Nearly 75% of traders expect a 25-basis-point interest rate cut to come in September, according to the CME. Lowe's, Macy's, and Target are among the US retailers reporting earnings this week. The Democratic National Convention begins Monday with a speech by President Biden tonight.Takeaways: The Federal Reserve will kick off its Jackson Hole Economic Symposium on Thursday, giving investors a clearer picture of the pathway ahead for interest rate cuts. S&P Global Ratings chief US and Canada economist Satyam Panday breaks down what to expect from Powell on Friday. the Democratic National Convention (DNC) is kicking off in Chicago, with President Biden expected to deliver a speech this evening as he passes the torch to Vice President Kamala Harris.  Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices