Seana Smith

    Host

    Seana Smith hosts Morning Brief an Catalysts from 9-11 a.m. ET. Previously, she anchored ‘The Ticker’ and ‘Midday Movers’ on Yahoo Finance, and spent time reporting from the floor of the New York Stock Exchange. Before joining Yahoo Finance, Seana worked as a writer and producer at Fox Business. Seana holds a master’s degree in economics and a bachelor’s degree in journalism with a minor in business from Lehigh University.

  • Trump tax cuts not a guaranteed jolt to the markets: Wall Street pros

    Tax cuts are a critical issue for the markets in this upcoming presidential election. The evidence of this played out in the bond market this past week.

  • Threads user count reaches 175 million in its first year

    Meta Platforms's (META) Twitter-alternative Threads was launched nearly one year ago on July 5, initially appearing on the Apple App Store on July 3. In that time, the social media platform has amassed 175 million users. Market Domination Overtime anchors Seana Smith and Josh Lipton chat about Threads' massive growth from third-quarter 2023 to the the second quarter in 2024. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

  • Market highs, American Giant CEO, smartphones: Market Domination Overtime

    The Fourth of July holiday is nearly here as Seana Smith and Josh Lipton break down Wednesday's market close (^DJI, ^IXIC, ^GSPC) in the shortened trading session. The S&P 500 and Nasdaq Composite accelerate into new record highs, just after the S&P 500 broke through 5,500 in yesterday's session. American Giant founder and CEO Bayard Winthrop joins the program to talk about the apparel brand's partnership with Walmart (WMT) as it seeks to cut clothing prices for consumers amid expensive fast fashion trends. Market Domination Overtime is joined by Yahoo Finance tech editor Dan Howley to discuss the tightening AI smartphone race between tech companies Samsung (005930.KS), Alphabet (GOOG, GOOGL), and Apple (AAPL). Yahoo Finance personal finance writer Rebecca Chen covers US mortgage rate's slow ascent for the first week since May. This post was written by Luke Carberry Mogan.

  • Tesla's 'turning point,' Q2 earnings season, bitcoin dips: Market Domination

    On today's episode of Market Domination, hosts Josh Lipton and Seana Smith break down key trading events ahead of Fourth of July. On the pharmaceutical front, Annovis Bio (ANVS) released new data from its phase III Parkinson's study that showed cognition improvements in patients. Yahoo Finance reporter Anjalee Khemlani joins Market Domination to explain why the biotechnology company's shares are declining despite the positive trial results. Novo Nordisk (NVO) and Eli Lilly (LLY) shares are dipping in reaction to a Harvard study that found GLP-1 weight-loss drugs Ozempic and Wegovy could be linked to rare cases of vision loss. Wedbush Securities has increased its price target on Tesla (TSLA) to $300 from $275 per share following the automaker's second quarter vehicle delivery numbers, which beat expectations. Dan Ives, managing director and senior equity analyst at Wedbush Securities, explains why the EV maker is at a "turning point." Horizon Investments head of portfolio strategy Zach Hill also highlights which factors to watch for as companies begin releasing second quarter earnings. Software stocks are gaining attention as investors identify potential market upside. Victor Cossel, Seaport Research Partners senior macro and equity strategist, joins Market Domination to offer guidance on navigating this sector. This article was written by Gabriel Roy

  • China needs export markets: Expert on US tariffs, election

    Cornell University professor Eswar Prasad joins Market Domination to give insight into the potential for increased tariffs imposed on China from the US and what the US-China trade war could look like. Both President Biden and former President Trump favor tariffs, with the latter campaigning on even steeper import taxes. Prasad, a Brookings Institute Senior Fellow, elaborates on the current situation China finds itself in: "I think there is a baseline right now that is going to be very difficult to go below, meaning that it's going to be difficult to deescalate tensions because in the US there is very little political or economic payoff to doing so. But the reality, of course, is that, if one limits imports from China, that does have effects on US inflation, that does have effects in terms of limiting access to a lot of products that China is now marketing to a very significant extent, where it has a large part of the world capacity. Now, China cannot afford to lose access completely to US and other Western markets..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • Mortgage rates rise after five-week decline

    Mortgage rates have reversed their downward trend, climbing for the first time in five weeks. According to Freddie Mac data, rates have increased by 9 basis points. Yahoo Finance reporter Rebecca Chen delves into the implications of this shift for the housing market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • Why manufacturing domestically is worth higher prices

    Walmart (WMT) has partnered with American Giant to roll out a line of American-made t-shirts just in time for the Fourth of July holiday. American Giant founder and CEO Bayard Winthrop joins Market Domination Overtime to discuss the partnership and some of the core principles behind the brand. "It was a real breakthrough moment for our brand, and for textiles more broadly, when you have a partner like Walmart stepping up to a long-term commitment and a volume commitment that allows the supply chain partners to really rethink the way they're thinking about producing apparel in the United States again," Winthrop says. While textiles cost more to produce in the US, he believes the benefits are worth it: "When you make things here, you do it within the constraints of the American system, which includes human rights protections, environmental protections, child labor protections, living wages, things that I think we all as Americans really appreciate." Winthrop stresses the importance of investing in America's manufacturing capabilities and workforce, explaining, "We begin to give good opportunities to those towns, those cities that want to have good, viable, and dignified work. And so that was a real founding mission for our brand." He notes that American Giant fulfills the need of consumers looking for access to good-quality, American-made products at reasonable prices. He adds, "I think the larger brands and retailers have, as a generalized statement, tried to be a part of the solution here. And I think this now points a way forward for them to join the conversation." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl

  • UK election, June jobs report, Fedspeak: What to Watch

    Markets are closed tomorrow for the Fourth of July holiday. In the meantime, the United Kingdom is holding an election for its Prime Minister and Parliament tomorrow, with most polls pointing to a major win for the Labour party. On July 5, the US Bureau of Labor Statistics will release the June jobs report. Nonfarm payrolls are estimated to drop to 190,000, falling below May's 272,000. Unemployment and hourly wages are estimated to hold mostly steady. New York Federal Reserve President John Williams will speak on July 5 as the keynote speaker at an event organized by the Reserve Bank of India. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

  • If Biden drops out of the presidential race, what happens next?

    President Biden is under fire after his debate performance sparked concerns about his age and cognitive abilities. Yahoo Finance Senior Columnist Rick Newman breaks down the latest news as the president receives more calls to step down from the 2024 election. According to the New York Times, Biden has told a close ally that he is weighing whether to continue his candidacy in the presidential race. Newman explains that this signals that Biden and his inner and outer circles are aware of the public's perception of his candidacy as polls remain mixed. He notes that if Biden willingly steps down, it's not all bad news for Democrats. He explains that if the president does endorse somebody — likely vice president Kamala Harris — they would immediately become the frontrunner. "What will probably happen is there will be a ticket with Kamala Harris at the top and perhaps somebody new and interesting as her running mate. And then the challenge for Kamala Harris is, can she overcome all the doubts that surrounded her after she had a very poor presidential campaign in 2020," Newman states. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

  • S&P 500, Nasdaq close at new records in shortened session

    The S&P 500 (^GSPC) climbs above 5,530 while the Nasdaq Composite (^IXIC) surges by 156 points in the shortened trading day ahead of the July 4th holiday; both indexes set new record highs. Market Domination Overtime's Seana Smith recaps the day's market performances and Nvidia's (NVDA) intraday gains, joined by Jared Blikre who examines the tech-heavy Nasdaq 100 (^NDX) and Chinese stock components of the Nasdaq Golden Dragon index (^HXC). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

  • How an interest rate cut will factor into the housing market

    Mortgage rates have ticked up this week, with the 30-year fixed rate sitting at 6.86%. Toggle AI chief market strategist RJ Assaly joins Market Domination to analyze the state of the housing market and where buying opportunities lie for investors. Assaly points to homebuilders as a good opportunity despite their recent underperformance. He explains that interest rate cuts from the Federal Reserve will likely make mortgages more affordable, increasing the demand for homes. He adds that lumber has been down, but the tide is beginning to turn, which is good news for homebuilders. He says that rate cuts, in particular, will be a major factor in the housing market, explaining, "On the macro side, you've seen this sort of lock-in of mortgages where people who have had very low rates on their mortgages being unwilling to move. And you're starting to see even with the wage increases and wage pressures, hopefully, the mortgage rates coming down sort of helps that problem of job mobility and people moving and help with the volume of housing that's turning over." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

  • Fed won't hit 2% target until 2026: Economist

    With somewhat cooling inflation and stagnant labor market growth, conversations about whether the Federal Reserve's interest rate cut timing persist. Interactive Brokers senior economist José Torres joins Market Domination to give insight into the labor market, the broader stock market, and the Fed's future policy decisions. "I think we're going to hit the Fed's 2% target somewhere in 2026. Fed Chair Powell was asked about it; he didn't think that we would hit it this year or next year. In fact, when we consider the disinflation that occurred last year in the second half, now those base effects become unfavorable into the second half of this year. So we're going to actually see core PCE start to tick higher. And if you look at the dots of summary of economic projections from the Fed, they're expecting core PCE to finish the year around 2.8," Torres tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • Loop Capital lifts Reddit price target on OpenAI licensing deal

    Loop Capital has raised its price target on Reddit (RDDT) from $60 to $75, citing its OpenAI licensing deal. Josh Lipton and Seana Smith discuss the call and Reddit's partnership with OpenAI. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

  • Two factors to watch for in Q2 earnings

    The S&P 500 (^GSPC) and the Nasdaq (^IXIC) are aiming for record highs ahead of the Fourth of July holiday. Horizon Investments head of portfolio strategy Zach Hill joins Market Domination to analyze the state of the market and how investors should think about their portfolios. "We do think that inflation is largely under control. And at the same time, the economy is showing that it's more resilient to higher interest rates," Hill explains. He highlights how critical second quarter earnings will be given the narrow performance of the S&P 500. "We're going to get top-line good earnings growth of about 9% year over year on a consensus basis. And so, broadly speaking, that's healthy for the overall market. It should be healthy, too, for not just the top of the market but the rest of the market," he states. Hill will specifically look at margins and continued AI enthusiasm during the upcoming earnings season. On the margins front, he explains that "companies that can maintain their margins and pricing power are going to be rewarded by the market, and companies that can't, what we'll see is underperformance." He adds that the stocks that have been driving the market are focused on AI, and the trend keeps contributing to earnings beats. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

  • The Fed's soft landing is in sight: Strategist

    The S&P 500 (^GSPC) closed Tuesday above 5,500 for the first time ever, while June's ADP employment report revealed slowing jobs growth. JPMorgan Wealth Management global investment strategist Elyse Ausenbaugh joins Morning Brief to discuss the economy's health as Wall Street enters the second half of the year. "All in all, we continue to see a labor market that remains rather robust and working in the favor of consumers with positive real wage growth. And I think we're finding ourselves in kind of this healthy slowdown that ultimately gives one of those key ingredients for the soft landing," Ausenbaugh explains. However, she notes that if the unemployment rate rises above 4%, it will begin to stoke concerns, and the Federal Reserve may not initiate an interest rate cut. As the markets (^DJI,^GSPC, ^IXIC) continue to reach all-time highs, Ausenbaugh is comfortable with the current stock valuations: "In an environment where inflation concerns and risks are perhaps as great as recession risks — neither of which we think are particularly meaningful, our base case is for a soft landing — I think so long as that remains part of the equation, these valuations are actually fairly justifiable, particularly because the rally is being driven by these really profitable companies that are surprising to the upside." Ausenbaugh believes that the election could cause market volatility in the second half of the year, especially as investors await the Fed's first rate cut. She also explains that earnings will be a major catalyst that will continue to push the S&P 500 to new heights. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl

  • Boeing, Tesla stock reaction, small-cap portfolio: Market Domination

    The market (^DJI, ^IXIC, ^GSPC) is heading into its final trading hour on Tuesday, but the headlines keep coming. Market Domination Hosts Seana Smith and Josh Lipton detail the biggest industry stories and stock movements ahead of the closing bell. Market Domination welcomes Barron's associate editor Al Root to discuss Boeing's (BA) latest legal obstacle as it faces potential charges from Department of Justice (DOJ) officials. Sanders Morris Harris chairman George Ball later joins the show to elaborate why he believes the US economy isn't a textbook case of being in a Goldilocks environment, but is actually reflective of a "Winnie the Pooh" environment. The top trending tickers on the Yahoo Finance platform this hour include Eli Lilly (LLY) and Novo Nordisk (NVO); Archer Aviation (ACHR); Paramount Global (PARA); and Nikola (NKLA). This post was written by Luke Carberry Mogan.

  • I'm tired of govt. incompetence: Joe Lonsdale on backing Trump

    8VC Founder and Managing Partner Joe Lonsdale is supporting former President Trump in the upcoming 2024 election, laying out his reasoning in an article for The Economist in June. In an interview with Josh Lipton on Market Domination Overtime, the Palantir (PLTR) co-founder says he is "more focused... on policies and rule of law than I am on the personalities" of the candidates and that he is "tired of this incompetence in government." Lonsdale finds Trump to be more bold in his interactions with geopolitical leaders, whereas the Biden administration is "more focused on virtue signaling... buying votes with student debt relief than actually doing things that are rational and logical for the economy." Trump has campaigned on raising tariffs on imports into the US, a topic another Trump ally and rumored Secretary Treasury candidate Scott Bessent spoke to Yahoo Finance about. "There are probably certain areas where we've had free trade, where it's great for us on Wall Street and not as great for certain communities that are competing against the rest of the world," Lonsdale says on Trump's proposed tariff policies. "I understand where he's coming from. It's not crazy. And it is potentially the right thing to do sometimes to protect some of these communities." Lonsdale then weighs in on potential picks for Trump's vice president, Silicon Valley's sentiment toward Biden, and what he envisions for the VC space if Biden does secure a second-term victory. "Generally the value of our investments, the value of like being able to disrupt things in the economy aggressively with AI and create wealth, that that's all going to work better with more free market policy, with less law from the regulators, with less of the administrative state randomly harassing people... The sad thing is as a venture investor, if Biden wins, we'll probably spend a lot more time and money hiring people to go to DC to argue our cases for things..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

  • Emerging market opportunities, Biden's waning support: Market Domination Overtime

    On Tuesday's episode of Market Domination Overtime, hosts Josh Lipton and Seana Smith explore trending tickers and the afternoon's leading market stories. All major indexes (^DJI, ^IXIC, ^GSPC) closed Tuesday in the green. The Dow Jones Industrial Average pushed ahead by over 160 points while the Nasdaq Composite and S&P 500 boasted new record highs. However, on the political front, worries are growing about Biden's ability to stand as the Democratic Party's presidential nominee. Senior columnist Rick Newman joins the show to discuss why the dam might be about to break for Biden. As several emerging market economies are also grappling with consequential elections, UBS emerging markets chief investment officer Alejo Czerwonko joins Market Domination Overtime to discuss how these markets have matured and now present investment opportunities.  This article was written by Gabriel Roy.

  • Apple to get observer role on OpenAI's board: Bloomberg

    Apple (AAPL) is taking a new step in its relationship with OpenAI. The tech giant has secured an observer role on OpenAI's board, according to a Bloomberg report. The seat will go to Phil Schiller, Apple's former marketing chief, who will be critical in providing Apple with key insight into OpenAI. Schiller will be allowed to attend board meetings but will not be able to vote or exercise any other director powers. This move comes after Apple announced at its Worldwide Developers Conference in June that it would begin integrating OpenAI's ChatGPT into its devices. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl

  • Earnings growth in S&P 500 to broaden beyond Mag 7: Wells Fargo

    A new chart from Wells Fargo shows the potential rebalancing of earnings growth in the S&P 500 (^GSPC). Seana Smith joins Asking for a Trend to give a closer look ahead of the second quarter earnings season. Wells Fargo notes that earnings growth will broaden beyond the "Magnificent 7." They also expect to see more broadening in participation and profitability outside of tech and communication services. As the S&P 500 and Nasdaq (^IXIC) close at another set of record highs, the momentum should continue through the next year. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl