• Fed cut, Nvidia on the Dow, Airbnb and Paramount

  • Nov 8 2024
  • Length: 52 mins
  • Podcast

Fed cut, Nvidia on the Dow, Airbnb and Paramount

Listen for free

View show details

  • Summary

  • It's been an eventful week for stocks, from Donald Trump's reelection in the 2024 presidential race to the Federal Reserve's latest interest rate cut. Takeaways: The Federal Reserve cut interest rates by 25 basis points on Thursday, while Fed Chair Jerome Powell said another rate cut in December is a possibility in a press conference that followed the announcement. Powell went on to say that President-Elect Donald Trump is "not permitted under the law" to remove him from his position at the central bank. Chip giant Nvidia (NVDA) replaces Intel (INTC) on the Dow Jones Industrial Average (^DJI), trading on the exchange beginning Friday. Airbnb (ABNB) shares reversed course in extended hours and are now falling following the homestay booking platform's third quarter revenue beat. While reporting major improvements in its streaming businesses, Paramount Global (PARA, PARAA) missed on revenue in its latest quarter. Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions. Find this and other episodes of Morning Brief here. 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
    Show more Show less
Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Fed cut, Nvidia on the Dow, Airbnb and Paramount

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available