Yahoo Finance's Jared Blikre joins Seana Smith to break down the day's price action in stocks as well as a long in Micron Technologies (MU), a Yahoo Finance Premium Investment Idea....
A Tesla owner has posted dashcam video showing his car avoiding a deer standing in the road at the last second.The owner claims autopilot saved him from having a "very bad day," referring to the fact that without Autopilot, his car would have hit the deer at highway speeds.While Tesla's most basic Autopilot and safety features are standard in the car, the company recently started charging ,000 for its most expensive autonomous driving software package. What Happened: The video shows about 10 seconds of footage where the road ahead looks clear. At around the 12-second mark, a deer is suddenly visible. With not enough time to brake and traffic behind, the Tesla hits the brakes and seemingly dodges the deer at the last second by swerving into the opposite lane. After this, either the car or human correct the steering to enter back into the proper lane.All Tesla vehicles built within...
Matthew Luzzetti, Deutsche Bank Chief U.S. Economist, discusses the U.S. labor market and expectations for the upcoming June jobs report on The Final Round.
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The S&P 500 and Nasdaq closed higher Wednesday on the news that Pfizer reported positive data on its coronavirus vaccine. However, the Dow closed slightly lower as coronavirus cases continue to spike. The Final Round panel breaks down the details. ...
(Bloomberg) -- One of Wall Street’s hottest innovations is being hailed as the potential key to luring trillions of actively managed dollars to the booming market for exchange-traded funds. Yet two of the industry’s biggest players want no part of it for now.Vanguard Group and State Street Corp. say they’re in wait-and-see mode as active, non-transparent funds take their crucial first steps in the $4.3 trillion U.S. arena for ETFs.These products come with many of the benefits of traditional ETFs but drastically reduced disclosure requirements. That makes so-called ANTs a likely conduit to bring stock-picking strategies to the exchange-traded universe.The market’s largest player, BlackRock Inc., has already filed to use the structure after the funds debuted in April. JPMorgan Chase & Co. -- which also plans its own ANTs -- estimates non-transparent ETFs could ultimately command more than $7 trillion in assets.Vanguard, No. 2 in ETFs, is in no rush to...
