Moderna, Novovax stocks slide after Trump nominates Robert F. Kennedy Jr. to be top health official

Vaccine stocks slid late Thursday as reports stated noted anti-vaccine politician Robert Kennedy Jr. will serve as the next head of the Department of Health and Human Services.

Disney stock jumps as earnings, streaming profit, and guidance top estimates

Disney reported fiscal fourth quarter earnings that beat expectations on both the top and bottom lines as its streaming business swung to a profit.

'Content is king, and Disney is the king of content': Strategist

Disney (DIS) shares gain after the company announced an earnings beat and provided a promising outlook. "The magic is back at Disney," the company's CFO Hugh Johnston tells Yahoo Finance. Tigress Financial Partners CIO Ivan Feinseth joins The Morning Brief to discuss these earnings results. "It was a great quarter. I think they're definitely turning a corner. I continue to say that content is king, and Disney is the king of content. And the power of their content goes beyond just streaming or even theaters. It goes into the parks. It goes to licensing [and] product sales. So they get multiple bites at the apple for all of the content that they produce. They're just great at telling stories and making great content that resonates across all demographics and endures," Feinseth says. "The profit in streaming is just really a powerful statement," the strategist adds, noting that he expects streaming gains to offset linear losses. "I believe we will continue to see the growth in streaming. They have multiple platforms addressing multiple audiences. I mean, live sports is also a powerful driver of viewership. They have both the fully paid-for subscription model and an advertising paid subscription model, which they're expanding. [There are] more and more companies [that] want to advertise on platforms [where] they can better target the audience and get a better response and measure of the return on their invested advertising dollar. And Disney helps with that." With Disney CEO Bob Iger set to retire in 2026, investors wait for the company to announce his successor. Feinseth says, "Iger has been an incredible CEO. He came back, and he's doing an incredible job. And one of the things I believe a good CEO does is to build an enterprise that endures, and whoever takes over will continue to build on the success that he has built." The strategist adds he hopes Iger's successor is an internal hire. Watch Yahoo Finance’s Executive Editor Brian Sozzi's full interview with Disney CFO Hugh Johnston here. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

How Trump's policies could impact Big Tech

Morningstar technology analyst William Kerwin joins Morning Brief to discuss the potential impact of the Trump administration on Big Tech companies. While Kerwin notes that "a lot remains to be seen," he is focused on how Trump's trade policies could affect companies like Apple (AAPL) that have a presence in China. Kerwin believes these companies may seek to diversify their trade relationships to regions like India or Southeast Asia, stating "it will be a trend across the sector." However, he cautions that high China exposure does not necessarily equate to high investment risk, saying, "You really have to unpack what's in that exposure." Regarding regulatory impacts, Kerwin thinks "there could still be some antitrust [action] against the largest of tech companies." But he also expects "M&A deals at the rung just below those largest of largest tech companies can start to pick up again over the next four years." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith

Capri, Tapestry call off merger, cite regulatory woes

Fashion companies Capri (CPRI) and Tapestry (TPR) have mutually decided to abandon their $8.5 billion merger. The companies cited regulatory hurdles, saying in a statement "the required closing condition of receiving necessary US regulatory approvals was unlikely to be met by the merger agreement’s outside date of February 10, 2025." Morning Brief Anchors Seana Smith and Brad Smith discuss the announcement in the video above.  To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Stephanie Mikulich.

Disney earnings, Fedspeak, mortgage rates: What to Watch

Disney (DIS) will release its fiscal fourth quarter earnings results tomorrow morning, before the market open. Other notable companies reporting quarterly results include Applied Materials (AMAT), Oklo Inc. (OKLO), and JD.com (JD). Commentary is expected out from Federal Reserve Chair Jerome Powell, Fed Governor Adriana Kugler, and New York Fed President John Williams on Thursday, November 14. Lastly, October's Producer Price Index (PPI) and this week's mortgage rate readings are due out as well. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

Two issues for legacy TV's streaming shift: ads and distribution

The former Chairman and CEO of CNN Worldwide, Chris Licht, told Yahoo Finance during Tuesday's Yahoo Invest that cable is experiencing a similar death as radio. MoffettNathanson senior analyst Robert Fishman joins Julie Hyman and Josh Lipton to discuss the future of TV. Fishman says from an advertising standpoint, linear TV "is going to continue to come under significant pressure going forward as the eyeballs continue to shift to the connected TV and streaming landscape." However, as far as the distribution goes and figuring out where the pay-TV floor is, "we are [becoming] increasingly worried about where that floor really is as a lot of the sports rights continue to go over the top." Several streamers have pushed into live sports to drive consumers to their streaming services and bundled offerings. As far as what to expect from the media space in the longer term, Fishman says, "all paths lead back to streaming [as that's] where this industry is going." Watch the video above for more on the analyst's expectations for Disney (DIS) earnings, his outlook for media consolidation, and his Netflix (NFLX) valuation. For former Chairman and CEO of CNN Worldwide Chris Licht's full interview with Yahoo Finance Anchor Seana Smith at the Yahoo Finance Invest conference, click here. 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.

Applied Materials forecasts quarterly revenue below estimates on weak demand

Applied Materials soft revenue guidance overshadows Q4 results beat

nvesting.com -- Applied Materials (NASDAQ:AMAT) reported fiscal fourth-quarter results that beat Wall Street estimates, but the memory chip maker's revenue guidance for the current quarter fell short of estimates.

Why Tesla Stock Was Sliding Today

Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 electric vehicle (EV) tax credit. Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. Tesla wasn't the only EV stock to fall on the news.

Applied Materials: Fiscal Q4 Earnings Snapshot

AMAT) on Thursday reported fiscal fourth-quarter net income of $1.73 billion. On a per-share basis, the Santa Clara, California-based company said it had net income of $2.09. Earnings, adjusted for one-time gains and costs, came to $2.32 per share.

Ron Baron's Strategic Moves in Q3 2024: A Closer Look at Tesla's Position Adjustment

Insights into Baron Capital's Latest 13F Filings and Key Stock Movements

Tapestry Stock Could Extend Rally to 11-Year Highs

TPR is benefiting from rival Capri Holding's downfall

Is Rivian Stock A Buy Or A Sell With $5.8 Billion Volkswagen Joint Venture Finalized?

Rivian shares have plummeted 56% in 2024 as the EV startup is looking to challenge Tesla, Ford, General Motors and other autos with its adventure-styled electric vehicles. RIVN shares fell 14.3% to 10.31 during market trade on Thursday, giving up its 13.7% gain from Nov. 13 when the company announced it finalized its $5.8 billion joint venture with Volkswagen. The deal gives Volkswagen access to Rivian's software technology, while the U.S. EV maker gets much-needed cash and better economies of scale.

Jim Cramer on The Walt Disney Company (DIS): ‘Can The Cruise Expansion Actually Move The Needle Though?’

We recently compiled a list of the 10 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where The Walt Disney Company (NYSE:DIS) stands against the other stocks on Jim Cramer’s radar. Jim Cramer, the host of Mad Money, recently shared his outlook for Wall Street, focusing on earnings […]

Applied Materials Tops Quarterly Targets But Offers Mixed Guide. AMAT Stock Falls.

Applied Materials beat Wall Street's targets for its fiscal fourth quarter but offered mixed guidance for the current period. AMAT stock fell.

Jim Cramer on Applied Materials, Inc. (AMAT): ‘I Think This Group’s Been Falsely Accused Of Weak Demand’

We recently compiled a list of the 10 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where Applied Materials, Inc. (NASDAQ:AMAT) stands against the other stocks on Jim Cramer’s radar. Jim Cramer, the host of Mad Money, recently shared his outlook for Wall Street, focusing on earnings reports. […]

Applied Materials (NASDAQ:AMAT) Posts Better-Than-Expected Sales In Q3 But Quarterly Revenue Guidance Slightly Misses Expectations

Semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 4.8% year on year to $7.05 billion. On the other hand, next quarter’s revenue guidance of $7.15 billion was less impressive, coming in 1.3% below analysts’ estimates. Its non-GAAP profit of $2.32 per share was 5.7% above analysts’ consensus estimates.

Is Tesla Stock A Buy Or A Sell As Donald Trump Plans To Kill $7,500 EV Tax Credit?

Tesla stock has been rallying since Donald Trump won the presidential election and is now up about 33% in 2024.

Applied Materials Announces Fourth Quarter and Fiscal Year 2024 Results

Quarterly revenue $7.05 billion, up 5 percent year over yearQuarterly GAAP EPS $2.09 and non-GAAP EPS $2.32, down 12 percent and up 9 percent year over year, respectivelyAnnual revenue $27.18 billion, up 2 percent year over yearAnnual GAAP EPS $8.61 and non-GAAP EPS $8.65, up 6 percent and 7 percent year over year, respectively SANTA CLARA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its fourth quarter and fiscal year ended Oct. 27,