Yahoo Finance’s Post

Tesla stock jumped more than 8% on Tuesday after the electric vehicle giant reported quarterly vehicle deliveries that beat Wall Street expectations. The EV maker delivered 443,956 vehicles during the second quarter, versus an analyst consensus estimate of 439,302, per Bloomberg data. https://yhoo.it/3W5kL0C

Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. In its second-quarter earnings release in May, Deere reported a more than 15% decline in revenue, the third straight quarter of year-over-year sales declines. Company executives said at the time that they expected further sales declines in the second half of the fiscal year. https://yhoo.it/4cCfG5u

This Fourth of July, sticker shock will still be present at the register. Those hosting cookouts can expect to spend a little more. A barbecue index showed that a 10-person barbecue this year will cost Americans roughly $99, the most on record, with key fixings such as beer, beef, soda, and lettuce making up nearly two-thirds of the overall cost. https://yhoo.it/3XH5ww3

Amazon didn’t become the tech and retail giant it is today by sitting back and watching its competitors do business. The Jeff Bezos-founded company has long been seen as ruthless on prices and a relentless innovator, but at the core of those things is the notoriously cutthroat Amazon culture, believed to be a win-at-any-cost mindset. But Amazon’s ways may be catching up to it, with the Federal Trade Commission on the attack against the company for its alleged monopolistic behavior. So, what’s next for Amazon and its investors? Yahoo Finance Executive Editor Editor Brian Sozzi talks with The Wall Street Journal reporter Dana Mattioli about her explosive new book, "The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power." More: https://lnkd.in/eBJYEqGE #yahoofinance #finance #amazon #business #tech #retail

In Yahoo Finance's debut episode of "Financial Freestyle with Ross Mac," TIAA Chief Administrative Officer Derek F. takes us on a journey from his roots in the Bronx to his influential role in finance today. He also spent some time detailing early goals of TIAA. Ferguson said the nonprofit was founded by Andrew Carnegie over 100 years ago, and one of Carnegie's first efforts was to help educators "retire with dignity." Watch the full podcast here: https://lnkd.in/eCKCEWiT #yahoofinance #finance #money #retirement #education

Verizon just got a new look. The telecoms giant unveiled a brand refresh last week, ditching the checkmark symbol that has been part of its identity since 2000. The company last updated its logo in 2015.⁠ https://yhoo.it/3RRfSpc

Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. Here are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden administration’s Infrastructure Investment and Jobs Act, enacted in 2021. https://yhoo.it/4cAmzUK

A federal appeals court has allowed the U.S. Education Department to move ahead with a plan to lower monthly payments for millions of student loan borrowers, putting on hold a ruling last week by a lower court. The ruling puts back on track a central part of President Joe Biden's efforts to address student debt — a rule that lowers from 10% of discretionary income to 5% the amount that some borrowers qualifying for a repayment plan need to pay. https://yhoo.it/3XGkJgS

BlackRock has launched a 'buffer' exchange-traded fund that seeks to offer a 100% downside hedge to risk-shy investors looking to tap the equity markets. The novel product will likely appeal to investors who are hoping to ride a rally in the stock markets as they continue to trade near record highs, but are concerned that a slowing economy and higher-for-longer interest rates can together hurt sentiment going forward. https://yhoo.it/45NrMWW

Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities, sending shares in all three companies higher in a rare transatlantic break-up. The near-two-decade independence of the world's largest standalone aerostructures company ended in a carve-up between its largest customers after the latest Boeing 737 MAX crisis. https://yhoo.it/3W6iYZh