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Market Domination
Market Domination will bring the Yahoo Finance community into that action-packed last hour of trading where wild swings in markets are the norm and access to big interviews are a regular occurrence. The final hour of trading is told like every day is game day, and every decision and every move matters.
- BusinessYahoo Finance Video
Barbell approach to markets, nuclear energy investing: Market Domination
Markets are settling down, but traders are still making moves in the final hour of Thursday's session. Market Domination's Julie Hyman and Josh Lipton navigate the biggest market stories and interview Wall Street's top analysts and strategists. B. Riley Wealth chief market strategist Art Hogan highlights why the barbell approach could be the best investment strategy for navigating current market dynamics. After US retail sales rose by 0.4% in September, RBC Capital Markets US economist Mike Reid comes on the program to speak about the "encouraging" signs from consumer spending, pricing pressures, and the labor market's strength. Canaccord Genuity Managing Director George Gianarikas addresses the booming trend in Big Tech names turning to nuclear energy providers to power their AI data centers, naming NuScale Power (SMR) as a developer who could greatly benefit a hyperscaler. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Other top trending stocks on the Yahoo Finance platform include Deere & Company (DE), Elevance Health (ELV), Blackstone (BX), Affirm (AFRM), Apple (AAPL), and gold (GC=F). This post was written by Luke Carberry Mogan.
- BusinessYahoo Finance Video
Nuclear reactors an 'emerging space' to meet rising energy needs
Big Tech has been going nuclear over its AI data centers, turning to energy startups to build nuclear reactors to meet the energy demands of artificial intelligence. This ranges from Amazon (AMZN), Microsoft (MSFT), and Alphabet's Google (GOOG, GOOGL) recent agreements with providers. Canaccord Genuity Managing Director George Gianarikas joins Julie Hyman and Josh Lipton for a conversation about investing in nuclear energy adoption, starting with stocks like small modular reactor designer NuScale Power (SMR) and uranium materials company ASP Isotopes (ASPI). "There are the utilities (XLU) which are investing directly in the reactors and signing the power purchase agreements with some of the large hyperscalers. But those are more indirect ways to invest in the trend," Gianarikas tells Yahoo Finance, claiming that the US energy grid "isn't ready to deal with" surges in electricity consumption for AI. "For some of the private companies, they actually have to get something called NRC — US Nuclear Regulatory Commission — approval to actually build those reactor designs. The one company that we do cover, Nuscale ticker symbol SMR, actually has that very approval from the US Nuclear Regulatory Commission," Gianarikas says. He goes on to explain the vitality of uranium enrichment to this process, which is where ASP Isotopes comes in: "They're taking that feedstock from the miners and then enriching it, isolating the isotope that's needed for a fission reaction and then selling that to the reactor company. So there's an entire food chain here that's really important to make all this stuff happen." Kairos Power Co-Founder and CEO Mike Laufer sat down with Yahoo Finance earlier this week to elaborate on the energy startup's agreement with Google to build out small modular reactors. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.
- BusinessYahoo Finance Video
Strong retail sales result of labor market holding: Economist
Retail sales data came in stronger than expected, suggesting resilient consumer spending and signaling a strong economy in the third quarter despite lingering macroeconomic worries. RBC Capital Markets US economist Mike Reid sits down with Market Domination Hosts Julie Hyman and Josh Lipton to break down the latest retail data and what it means for the Federal Reserve’s November meeting. “In terms of inflation, we continue to see price pressures move lower. So that's encouraging,” Reid says, noting, “In our thesis, the consumer is going to hold up because labor continues to hang in there. And what we mean by that is we saw some weakness over the summer. We got some pretty weak jobs reports in July and August. But the most recent report showed perhaps that that was due to some seasonal effects. So taken all together, as long as consumers continue to have jobs and confidence they'll have income, they're going to continue to spend.” Reid says “We're heading into a period where base effects are really important, and really what that means is what happened in the prior month. Last year we saw some really low prints…. So it puts the fed in a tight spot just given how people perceive that year-over-year pace.” The economist outlines his expectations for the Fed’s rate cuts. “We're looking for the Fed to cut 25 basis points both in November and December. We're also looking for one more cut of 25 basis points in January. But that's where we think they stop, and that's a result of the economy.” To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.
