Opening Bid Unfiltered

Yahoo Finance
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Nov 25, 2024 • 26min

Tariffs could send apparel prices 10% to 20% higher: Former Gap and J Crew CEO

The holiday shopping season is upon US consumers. While many experts are forecasting a solid shopping season for retailers amid record high stock prices and ongoing job market gains, there are several wildcards. Consumers continue to battle inflation for food, causing pullbacks in demand for discretionary categories such apparel and home goods. Prices on apparel are still high, too. This as President-elect Trump eyes potential tariffs, which could negatively impact some of the world’s largest apparel purveyors. Yahoo Finance executive editor Brian Sozzi speaks with Alex Mill Chairman Mickey Drexler. The former long-time CEO of Gap and J Crew not only shares many of his legendary retail stories, but reveals some of his biggest concerns on the impact of potential Trump tariffs on the apparel industry he has been part of for decades. Drexler adds the retail industry is awash in discounts, while at the same time consumers have luxury fatigue. He also shares how he is growing his business with his son Alex Drexler.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Mickey Drexler joins Opening Bid05:45-Micromanaging appreciation08:00-Learning from Steve Jobs 12:00-Holiday 2024 retail outlook18:50-Projections on potential Trump tariffs21:00-Can manufacturing come back to the US?Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Millard "Mickey" Drexler is an American businessman, who is the Chairman of Alex Mill, and head of Drexler Ventures. He was formerly the CEO and chairman of J.Crew Group, as well as the CEO of Gap Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 22, 2024 • 25min

Craigslist founder's big worry? Cyber threats to infrastructure

Spreading the wealth. That’s exactly what Craigslist founder Craig Newmark is doing now that he is fully retired from a customer service role at the company he took after leaving the leadership team years ago. Through Craig Newmark Philanthropies, Newmark has earmarked $100 million to help defend the country’s critical infrastructure from things like cyber attacks. The latest giving comes alongside ongoing contributions to trusted journalism platforms and veterans. Yahoo Finance Executive Editor Brian Sozzi sits for a rare interview with the self-proclaimed nerd Newmark to discuss why he is giving away all his wealth and lives a notoriously frugal lifestyle. The pair also chats about the rise of artificial intelligence and how it will shape the internet. Seeing as Newmark founded Craigslist at the start of the internet, who better to ask about the future of the world wide web!Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Craig Newmark joins Opening Bid02:00-Craigslist founder on AI fears07:50-Giving away wealth and disowning 'billionaire' status11:30-Cyber security risk to country17:40-Looking for a seance?21:00-What's next for CraigslistYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Craig Newmark is best known as the founder of the classifieds ad site Craigslist, which showed tens of millions of Americans that the Internet could be reasonably useful and easy to use. Now, he engages in full time philanthropy, focusing on helping and protecting the people who help and protect our country, including cybersecurity, trustworthy journalism, and support for military families and veterans. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 20, 2024 • 26min

Nvidia earnings: How to trade stock like a pro

The most popular stock in the world, Nvidia (NVDA), is poised to announce its hotly anticipated quarterly earnings on Wednesday after the close of trading. Investors have scooped up Nvidia shares ahead of the results on expectations for a big quarter and a strong outlook as the company’s new Blackwell AI chip ships.But there are more ways to trade Nvidia than simply smashing the buy button down on the stock or shorting inferior rivals. While there is more risk to trading Nvidia using more complex strategies, if right, the wagers could pay off handsomely. In today's Opening Bid, Yahoo Finance Executive Editor Brian Sozzi drills deep into the Nvidia trade with 22V Research Head of Derivative Strategy Jeff Jacobson. Jacobson outlines three complex trades one can undertake on Nvidia.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Jeff Jacobson joins Opening Bid00:15-Target stock down: today's market minute05:20-Nvidia stock hasn't moved a lot07:30-First trade on Nvidia10:00-Second trade on Nvidia12:30-Third trade on Nvidia18:20-The market is all about rates: StrategistYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Jeff Jacobson is a managing director, head of derivative strategy, at 22V Research. Jeff has nearly thirty years of equity trading and equity derivative experience, including the last thirteen years as head derivative strategist for Knight Capital, Raymond James Financial and most recently Seaport Global. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 18, 2024 • 25min

Property Brothers on why the housing crisis is still raging on

The US housing market has been enduring its fair share of challenges since the COVID-19 pandemic. Higher interest rates and home prices have pushed many people out of home ownership. However, with the Federal Reserve having cut interest rates in recent months, the housing affordability crisis in the country appears to be loosening up a little. New home sales results have been solid despite the lack of inventory. Can the positive momentum persist if the Fed takes a break with its rate cuts?Yahoo Finance Executive Editor Brian Sozzi sits down with the Property Brothers & Scott Brothers Global Co-Founders Jonathan and Drew Scott. The group discusses the brothers’ new show "Don’t Hate Your House," the biggest challenges that exist in today’s housing market and what 2025 may hold. The brothers also serve up a few tips on how to negotiate a good price when buying or selling a home and ways to cost-effectively renovate your home.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Property Brothers Jonathan & Drew Scott join Opening Bid01:00-The brothers' favorite home appliances05:20-Biggest home trends in the next decade06:40-The future of senior proofing12:45-What's up with the affordability crisis?17:30-The role of private equity in the housing market20:10-The Property Brothers' HOT TAKEYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.The Property Brothers, Drew and Jonathan Scott, have helped hundreds of families design their dream homes on their series like Forever Home, Celebrity IOU, and the show that started it all, Property Brothers. But the Scott Brothers are always looking for other ways to create healthy, happy homes, whether it’s through their Scott Living and Drew & Jonathan Home product lines, their mobile game, or sharing advice and tips with their fans on DrewandJonathan.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 15, 2024 • 26min

Investor Guide: Opening Bid round-up of Invest 2024

Amid a changing political landscape in the US and uncertainty across the world, many investors are looking for guidance for the rest of the year and beyond. Yahoo Finance’s marquee event, Invest 2024, brings together executives from some of the world’s largest corporations, thought leaders, and policymakers to help investors make strong decisions. This year, the lineup included Federal Reserve Bank of Minneapolis President & CEO Neel Kashkari, Bank of America Chair of the Board & CEO Brian Moynihan, and The Vistria Group Senior Partner Margaret C. Anadu, among many others.In this episode of Opening Bid, we're bringing you key commentary from the event, covering the potential impact of geopolitics on the bond market, the future of the defense sector, tech in retail and healthcare, and modern approaches to a diversified portfolio. You’ll hear from Apollo Global Management Co-Founder and CEO Marc Rowan, Macy’s Inc. Chairman & CEO Tony Spring, and Lux Capital General Partner Deena Shakir, among others.To enjoy more interviews and highlights from Invest 2024, watch on our website or listen on your favorite podcast platform.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Invest 2024 round-up from Opening Bid00:55-Saira Malik & Nela Richardson04:12-Marc Rowan07:18-Rick Rieder11:03-Tony Spring15:17-Deena Shakir19:32-Brian SchimpfYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 13, 2024 • 25min

Trump economy will be unpredictable: top economist

The Federal Reserve arguably has never been under a greater microscope than right now, excluding of course the Great Financial Crisis period. Fed chief Jerome Powell is likely to face fresh pressure from returning president Donald Trump. Powell has been steadfast in saying he will not let Trump push him around and will not resign if asked. Meanwhile, markets have rallied hard in recent months on expectations for further interest rate cuts from the Fed. Not delivering those cuts could have ramifications for investors worldwide. Yahoo Finance executive editor Brian Sozzi talks with Deutsche Bank chief US economist Matthew Luzzetti about the future of monetary policy. The direction of policy in 2025 will be key to sustaining the rally markets have enjoyed, many pros say.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Matthew Luzzetti joins Opening Bid02:00-State of economy05:30-Consumer fundamentals13:00-Looking at stagflation15:30-Impact of immigration policy on the economy20:00-Chaos or calm under TrumponomicsYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Matthew Luzzetti is Chief US Economist and Head of US Economic Research at Deutsche Bank in New York. In 2017, Matthew was named to Business Insider's Rising Stars on Wall Street Under 35.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 12, 2024 • 26min

Opening Bid @ Invest 2024: Saira Malik and Nela Richardson

Coming to you from Yahoo Finance Invest 2024, executive editor Brian Sozzi hosts a special live edition your favorite weekly vodcast Opening Bid. On today’s episode, enjoy a riveting conversation with Nuveen Head of Nuveen Equities and Fixed Income & Chief Investment Officer Saira Malik, and ADP Chief Economist and ESG Officer Nela Richardson.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 11, 2024 • 26min

Automation is the future of fast food: Sweetgreen co-founder

Most in the fast food industry have had a challenging 2024. Many players such as McDonald’s have jacked up prices to compensate for higher worker wages, especially in California. That has sent consumers back to preparing their food at home in a bid to save money. Meantime, ingredient inflation has remained stubborn. Then there is Sweetgreen, which has notched several quarters of solid sales as its higher income diner embraces new menu items. The company has also stayed aggressive in opening new locations, while beginning to add robot food making machines to certain sites. Yahoo Finance executive editor Brian Sozzi talks with Sweetgreen co-founder and chief concept officer Nicolas Jammet. Sweetgreen has returned to stock market darling status after falling out of favor post a sizzling 2021 IPO. Jammet reveals his plans for Sweetgreen, and how a move to put robots in restaurants could unlock major growth for the company.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Nicolas Jammet joins Opening Bid01:30-Sweetgreen founded by college friends04:45-Reimagine fast food11:30-Infinite kitchen evolution17:20-Metrics on expansionYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Nicolas Jammet is the co-founder and chief concept officer of Sweetgreen. Having grown up in a NYC mom-and-pop restaurant set him up for a passionate future in food. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 8, 2024 • 26min

Nvidia enters the Dow: why the stock could still double

The tech stock landscape may look quite different over the next four years of returning President Donald Trump. For one, AI regulation of some form will likely have to come from the Trump administration as the fast-moving technology was not clamped down on by the Biden administration. Is that regulation soft or anti-AI innovation? That’s one of the key questions investors will aim to figure out. At the same time, questions will swirl on if a Trump administration plans to move forward with a breakup of Google and possibly, others in big-cap tech. Yahoo Finance executive editor Brian Sozzi talks with EMJ Capital founder Eric Jackson. The pair dive into the outlook for market darling Nvidia and AI more broadly in the wake of Donald Trump’s historic White House Win. Trump’s win will also likely have ramifications for the big tech companies such as Microsoft and Tesla that dominate the popular Magnificent 7 complex. Is there one big name in tech that investors should own over another? Nvidia is also entering the Dow Jones Industrial Average, which may add further gains to the stock Jackson hints.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Eric Jackson joins Opening Bid01:00-Looking at Nvidia in the wake of Trump's victory05:50-Bullish on crypto10:30-Trump tariffs won't stop Nvidia16:40-Nvidia joins the Dow18:20-Hot takes on NvidiaYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Eric Jackson is the Founder of EMJ Capital with a proprietary AI/ML-driven algorithm for selecting long/short tech equities.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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Nov 6, 2024 • 55min

Election Special from Yahoo Finance: OPENING BID

Opening Bid joins forces with the rest of Yahoo Finance for this hour-long special election episode. In our Opening Bid segment, we focus on global market reactions to President-elect Trump's victory. Our panel of experts includes Truist Co-CIO & Chief Market Strategist Keith Lerner, Wind Shift Capital Founder Bill Blain, and State Street Global Markets Head of Equity Research Marija Veitmane.In the full hour-long special, Yahoo Finance breaks down how Wall Street is digesting the results the morning after the 2024 election. Tune in as we bring the power of the Morning Brief, Opening Bid, and Capitol Gains and Yahoo News together to guide you through what you need to know about the market day ahead. You can watch this full hour-long special episode at https://finance.yahoo.com/video/dow-rises-investors-await-election-191637550.htmlKey guests include: Steve Sosnick, Interactive Brokers Chief Strategist Doug Holtz-Eakin, American Action Forum President, Former Director of the Congressional Budget Office Keith Lerner Truist Co-CIO & Chief Market Strategist Bill Blain Wind Shift Capital Founder Marija Veitmane State Street Global Markets Head of Equity Research Andrew Romano, Yahoo! News Political Reporter Meltem Demirors, Crucible Capital General Partner 00:00-Welcome to Yahoo Finance's election special24:00-Opening Bid36:00-Exit polls breakdown45:00-Bitcoin high52:00-Capitol GainsFind more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Learn more about your ad choices. Visit megaphone.fm/adchoices

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