Opening Bid

It happened with Starbucks (SBUX) it happened with Boeing (BA), it happened with Nike (NKE), and now it’s happening with OpenAI. Executive management turnover seems to be the recent corporate trend, and it’s causing concern for leaders, analysts, and investors alike In this week’s episode of Opening Bid, Market Domination anchor Julie Hyman sits down with Gautam Mukunda, Lecturer of Management Practice at the Yale School of Management and author of “Picking Presidents” to discuss executive management changes and corporate leadership within corporations, focusing in on OpenAI and rising concerns for the tech giant. Hyman also touches upon Mukunda’s recent article for Forbes in which he breaks down a recent psychological study where researchers who focus on psychopathy and management determined CEOs have elevated levels of psychopathic traits. Mukukda elaborates on this, explaining the concept of ‘fearless dominance,’ and how CEOs are fearless, take risks, and never rattle under pressure. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 1:16-5:14 Shifting management at OpenAI and concerns about future of technology 8:37-12:00 Impact of OpenAI's business plan on investors. Emphasis on profit over product. 13:20-16:59 Executive management changes in other companies like Nike, Starbucks, and Boeing 20:59 Mukunda's overview of a Forbes article containing a study of psychological between traits of prisoners and CEOs Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Gautam Mukundaam is a Lecturer of Management Practice at the Yale School of Management, an Adjunct Associate Professor at Fletcher School of Law and Diplomacy, and the author of Picking Presidents. Learn more about your ad choices. Visit megaphone.fm/adchoices

By most indications, the Federal Reserve has engineered a soft landing for the economy. Loosely defined, that is the economy is still growing solidly in terms of jobs and wages despite a heavy dose of interest rate hikes from the Fed. Now many on Wall Street expect the economy to re-accelerate into year end and in 2025 as the Fed begins a rate cutting campaign. But are investors being too optimistic about the economy? After all, inflation continues to pressure the average household and many feel economically left behind from the past four years. Yahoo Finance executive editor Brian Sozzi sits down with Mastercard Economics Institute chief economist Michelle Meyer inside the Nasdaq MarketSite in Times Square to get an inside view of the US economy, and how things may shake out post-election for consumers. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Michelle Meyer joins Opening Bid 03:00-Holiday forecast from the Mastercard Economics Institute 06:20-Fed rate cuts impact on consumers 14:00-Does pandemic inflation linger? 19:30-Taylor Swift's 'Swift Lift' Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Leading the Mastercard Economics Institute as chief economist, Michelle Meyer’s responsibilities include development and delivery of differentiated economic, financial, policy and market thought leadership for customers, Mastercard and public policy. Learn more about your ad choices. Visit megaphone.fm/adchoices

Turning around an iconic company that has been experiencing stumbles is no small task. Sometimes a turnaround never materializes, and sometimes it happens very slowly. But sometimes a new CEO’s initiatives gain hold, reinvigorate the organization and the one-time iconic company enters a new period of growth. Investors in legendary digital payments company PayPal are waiting to see what one of those buckets it will fall into under new CEO Alex Chriss. Chriss is now officially one-year into the top job, and has wasted no time shaking up the company’s internal mindset and leadership team. He is beginning to rollout new products to go alongside a revamped corporate logo and marketing campaign. Yahoo Finance executive editor Brian Sozzi sits down with Chriss inside the Nasdaq MarketSite in Times Square to get the scoop on PayPal’s turnaround plan. Will it work? Chriss makes the pitch that it will.  Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Alex Chriss joins Opening Bid 02:40-PayPal CEO's word of the year 07:00-What's the biggest advantage PayPal has? 13:00-Evolving Venmo under PayPal 16:00-Is PayPal and crypto compatible? 21:00-PayPal CEO's mentors and best advice Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. As as PayPal's President and CEO, Alex Chriss brings deep expertise in leading high-growth businesses, global product strategy, and customer-driven innovation to his role. Learn more about your ad choices. Visit megaphone.fm/adchoices

Don’t be upset with yourself if you have never heard of Tradeweb Markets, just promise to do better next time. Because the reality is you should have heard about Tradeweb Markets five years ago – the stock is up more than 200% and the company’s market cap now stands at about $26 billion. The company is one of the more under-the-radar names in the financial services space, focused on electronic trading operations for various asset classes. At the helm is CEO Billy Hult, who has been with Tradeweb pretty much since its founding in 1996. Hult has been leading the company as CEO since 2023, and quietly signing off on several transformational acquisitions that will expand Tradeweb’s reach. Yahoo Finance executive Brian Sozzi talks with Hult about the future of trading, how AI will reshape the investing landscape and what it means to lead with purpose. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Billy Hult joins Opening Bid 02:06-Magnificent and lesser-known Tradeweb 06:00-Eyes on market regulation 13:00-Surviving 9/11 with Tradeweb 17:15-What sets Tradeweb apart Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Billy Hult is Chief Executive Officer of Tradeweb Markets. Hult has played a pivotal role in Tradeweb’s evolution as a leading global operator of electronic marketplaces for rates, credit, equities and money markets. He has led the development of numerous innovations connecting liquidity providers and investors across retail, wholesale and institutional markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

AI development seems like it’s moving at the speed of sound. If 2023 was about co-pilots, this year is shaping up to be about agents that work with humans to improve business performance. At the same time, AI chip giants Nvidia and AMD are racing to keep up with demand for their new chips. Yahoo Finance executive editor Brian Sozzi sits down for an extensive chat with You.com founder Richard Socher. Socher has pretty much seen and done it all in terms of AI development. He was chief scientist at Salesforce helping to develop many of the company’s advancements in AI. At You.com, he is using AI to better drive the company’s search engine business and take the fight to Google. You.com recently raised $50 million from the likes of Nvidia and Salesforce Ventures, valuing the business close to $1 billion. What’s next in AI? Socher is the guy to pontificate on it. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Richard Socher joins Opening Bid 01:00-Talking AI agents 12:00-Competitive Google battles 16:00-AI represents a shift in humanity 21:00-Nvidia is second largest investor in You.com Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Richard Socher is the CEO and founder of You.com, the first chat-search assistant. He also invests in and mentors other startups at AIX Ventures where he's a founder and managing partner. Learn more about your ad choices. Visit megaphone.fm/adchoices

Whole Foods CEO Jason Buechel has had his hands full since taking over as CEO from iconic founder John Mackey in 2022. He has guided the organic grocer through unprecedented levels of inflation, impacting how even his higher end shoppers shop. The competition in the organic grocery space has intensified. Meanwhile, the company remains a retailer inside the behemoth that is tech giant Amazon — which has gone on a stretch of financial belt tightening of late. Whole Foods and Buechel are looking to persevere, accelerating the pace of new store openings while staying true to the unique culture established by Mackey. So what’s next for Whole Foods? Yahoo Finance executive editor Brian Sozzi chats with Buechel about business, life and what his leadership future may hold. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Jason Buechel joins Opening Bid 06:00-The vision for stores 10:00-Addressing inflation 14:00-Gen Z looking toward the future of food 18:00-Family farms to Fortune 500 Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Jason Buechel serves as Chief Executive Officer at Whole Foods Market. Prior to his role as CEO, he served as Chief Operating Officer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Developments on the AI front are coming in hot and heavy. OpenAI is eyeing a huge capital raise. Microsoft is full steam ahead with a co-pilot for everything. Tesla CEO Elon Musk is whipping up humanoid robots. And bumbling lawmakers are still trying to figure out how to regulate the technology before the year 2040. And then there is a tech giant like Salesforce, which is going all in on “autonomous agents” to help unleash the power of businesses around the world. Salesforce says it’s agents could bring in big business, and usher in a whole new way of closing deals. Yahoo Finance executive editor Brian Sozzi sits down with Salesforce co-founder and CEO Marc Benioff – a champion of these agents – from inside the company’s annual extravaganza in San Francisco known as Dreamforce. How big is “Agentforce” going to be for Salesforce? Sozzi gets to the bottom of it! Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Marc Benioff joins Opening Bid 03:00-Salesforce agents vs Microsoft co-pilots 06:00-For the love of Disney 10:40-Is AI going to steal our jobs? 14:40-Terminator: biggest AI fear 20:27-Pay parity at Salesforce Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Marc Benioff is Chair, CEO, and Co-Founder of Salesforce and a pioneer of cloud computing. He is also a philanthropist, boosting healthcare and affordable housing in Hawai'i with major donations and land contributions, and has campaigned for gender and LGBTQ+ rights. Learn more about your ad choices. Visit megaphone.fm/adchoices

All eyes are on the Federal Reserve as its highly-anticipated September meeting has finally arrived. The central bank is expected to cut interest rates for the first time in four years as it eyes a soft landing for the US economy in its battle against inflation. Dan Niles, Niles Investment Management founder and portfolio manager, joins Yahoo Finance anchor Seana Smith on Opening Bid to discuss how the Fed's rate-easing cycle could impact the market and why he believes a soft landing is in sight. Niles also discusses the state of AI and Big Tech as investors brace for a market rotation and look for returns on AI players' massive CapEx spending. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Dan Niles joins Opening Bid 04:00-Looking at a soft landing 08:50-Why META is Nile's favorite 14:40-Apple is always a bit late 18:00-Revenue of AI stocks aren't aligned with spend Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Dan Niles is the founder and portfolio manager of Niles Investment Management serving institutional and high net-worth investors since 1990. Before the Wall Street bell called to him, launching a 34 year-long career, Dan was an engineer, having received a Bachelor of Science in Systems Engineering from Boston University and a Master of Science in Electrical Engineering from Stanford University. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you know the name Joe Lonsdale, Founder and Managing Partner of 8VC, you’ll also know of his brand of bold—as he self-describes—and sometimes controversial stances across technology, politics, and social issues. But as a billionaire, Silicon Valley-turned-Texas venture capitalist, no one can deny the incredible success he’s seen in business. He co-founded Palantir Technologies (PLTR) alongside Peter Thiel and others. That company is about to celebrate a big milestone with the announcement that it will join the S&P 500 (^GSPC). Lonsdale joined Asking for a Trend anchor Josh Lipton on Opening Bid to discuss the state of the company, how to succeed in business, why he’s supporting former President Trump's reelection bid, and his hot takes on American society.  Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Joe Lonsdale joins Opening Bid 00:40-Trump, Vance, and shifts in republican party 07:40-Advice to young people in tech 11:18-Shift in venture capitalist funding to defense 15:10-Talking Musk, Thiel, Zuckerberg, Levchin, Hoffman 20:55-Inaugural year of University of Austin Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Joseph Lonsdale is an American entrepreneur and venture capitalist. He co-founded companies including Palantir Technologies, Addepar, and OpenGov, and co-founded and serves as the managing partner at the technology investment firm 8VC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Behind popular AI tools like ChatGPT, DALL-E, and Gemini lies the vast, often overlooked realm of infrastructure. From chip manufacturing to massive data centers, these facilities form the backbone of our digital landscape. However, they consume huge amounts of electricity, land, and water— all while dealing with a shortage of construction companies and workers. In today's episode of Opening Bid, Clayco executive chairman and founder Bob Clark sits down with Yahoo Finance anchor Julie Hyman to unpack the intricate world of AI infrastructure, the broader U.S. construction landscape, and what August's jobs report tells us about the industry. As Clark puts it, "When you're paying just $100 a day for people to show up, that is a sign of a topped out labor market." Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Bob Clark joins Opening Bid 02:00-Harris has picked up independents, but how is Trump's ceiling so high? 06:00-The struggle with regulators 13:00-Wall Street to building a street 16:00-AI chip infrastructure building constraints Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Bob Clark is the founder and executive chairman of construction firm Clayco, which he started in 1984 as a college dropout. Bob has grown Clayco into one of the top full-service building firms in North America while building Clayco's commitment to the communities in which they work. Learn more about your ad choices. Visit megaphone.fm/adchoices

The debate Tuesday between former President Donald Trump and Vice President Kamala Harris was fiery, with both nominees hoping they won over voters with their arguments on everything from the economy to immigration. While Wall Street veteran strategist and former Wells Fargo Chief Investment Strategist Jim Paulsen, however, is more focused on the micro things, like what policies will affect individual sectors. Paulsen joined Yahoo Finance anchor Seana Smith on Opening Bid to break down what's happening in the markets, recession predictions, and expected Federal Reserve rate cuts. As far as politics go, Paulsen shared his hot take. He thinks investors should care more about split power instead of who sits in the White House. “It’s more harmful for one party to have all the power,” he explained, and would prefer a combination of parties across the three branches of government to benefit the market. All that and more on Opening Bid. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Jim Paulsen joins Opening Bid 02:30-Soft-landing and recessions look the same 08:00-The fiscal juice 14:40-Post-debate recap 18:40-Feeling like a whole new bull market Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Jim Paulsen is a retired Wall Street Economist after 40 years, and Former Wells Fargo Chief Investment Strategist. We're also big fans of his substack publication “Paulsen Perspectives” Learn more about your ad choices. Visit megaphone.fm/adchoices

On the eve of the first presidential debate between Vice President Kamala Harris and former President Donald Trump, voters wait to see the two face-off. Some look for the presidential hopefuls to elaborate on policy plans, while others might tune-in for the drama and zingers; here at Yahoo Finance, we’re watching all things economics and markets. To bridge the gap between markets and the election, Evercore chairman emeritus Ralph Schlosstein joined Opening Bid, speaking with with Yahoo Finance's Julie Hyman, in for Brian Sozzi. As an avid democrat donor and a notable figure in investment banking for decades, Schlosstein explained that if Harris wins in the rapidly approaching November election, “there’s going to have to be a major discussion about taxes because all of Trump tax cuts expire in 2025.” He added, he thinks a Harris administration would have a modest effect on the markets, while the risk of market volatility is higher under another Trump administration. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Ralph Schlosstein joins Opening Bid 03:00-Looking at Fed rate cuts 06:00-Uncertainty is the enemy of M&A 13:45-Corporate tax rates must still be competitive, globally 22:30-What it's like being husband to US Ambassador to the UK, Jane Hartley Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Ralph Schlosstein has been a notable figure in the field of investment banking for more than four decades. He is chairman emeritus of Evercore, a leading global independent investment bank in New York City.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Not many banks can say they are America’s oldest bank. In fact the only one who could lay claim to that title is BNY, founded 240 years ago by Alexander Hamilton. BNY has gone from its storied lineage tied to Hamilton and banking titans in the Mellon family, to a financial institution that oversees $50 trillion in assets. The company is a powerhouse in the business of wealth management, and is the country’s largest custodian. Interestingly, it still doesn’t operate a retail bank – hence making it lesser known than JP Morgan, Citi and Bank of America. Yahoo Finance executive editor Brian Sozzi sits down for a chat with BNY CEO Robin Vince. Besides sharing a history listen on the storied bank, the British-born Vince reveals his biggest financial system concern and the impact to stocks as the Federal Reserve prepares to embark on interest rate cuts. As icing on the cake, Vince shares his thoughts on the impact of new artificial intelligence on the banking system and crypto – and likely your life. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Robin Vince joins Opening Bid 04:00-What this company has learned in it's 240 years 08:00-Personal advice: don't try to have it all 12:00-Looking at interest rate cuts 16:00-Smaller banking institutions can serve some communities better Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Robin Vince is the President and Chief Executive Officer at BNY and a member of its Board of Directors. Learn more about your ad choices. Visit megaphone.fm/adchoices

The year end is fast-approaching for investors, and the waters are getting rocky. Stocks experienced their first growth scare in early August as recession fears resurfaced out of the blue. Markets stabilized by month’s end. But the one-two punch of disappointing earnings out of AI darling Nvidia and weakening US economic data has markets back in a tizzy in September. Back top of mind with investors: will the economies low sharply in 2025, and how much. The fears around growth have investors clamoring for a 50 basis point rate cut from the Fed in September, which is unlikely to happen. Sprinkle in Election Day nearing, and investors look to be in a state of confusion. Yahoo Finance executive editor Brian Sozzi talks with State Street Global Markets head of equity research Marija Veitname in a bid to make sense of this confusion. Vietnam serves up her top investment strategies, and also walks investors through how to build success models in such a topsy-turvy backdrop for the markets. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Marija Veitname joins Opening Bid 04:00-Looking at market volatility 07:30-What rate cuts mean for the stock market 14:30-Pushing US investors to think globally 18:30-The 'election factor' in data Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Marija Veitmane is a Head of Equity Research at State Street Global Markets. She has worked in the research team since its inception two decades ago. Learn more about your ad choices. Visit megaphone.fm/adchoices

Not many people know former president Donald Trump like Wilbur Ross. Ross has known Trump for decades first as a real estate mogul and then as his boss, serving in the capacity of US Commerce Secretary. As a member of Trump’s cabinet, Ross was instrumental in pushing through tariffs on China and helping to usher in lower taxes for businesses and households. Yahoo Finance executive editor Brian Sozzi goes in-depth with former US Commerce Secretary and long-time businessman Wilbur Ross. Ross takes Sozzi inside the thinking of the former president on all things business, including tariffs on China and the Federal Reserve. Ross also weighs in on what a second Trump presidency may look like and why. Ross – the author of the new book Risks and Returns: Creating Success in Business and Life – goes onto discuss the potential impact of higher taxes and more regulation on business should vice president Kamala Harris win the White House. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Wilbur Ross joins Opening Bid 01:00-Wilbur Ross' new book 'Risks and Returns: Creating Success in Business and Life' 07:00-Early lessons in business 15:00-Taxes taxes taxes 20:00-What a Trump vs Harris presidency could mean Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky.  Wilbur Ross is an American businessman who served as the 39th United States secretary of commerce from 2017 to 2021.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The stock market has bounced back from the growth scare that ensued earlier in August. To many folks on Wall Street, the sell-off was overdone and opportunities continue to exist into the fall. There are certainly catalysts to warrant the more upbeat assessment on risk assets: the Fed may cut rates in September and Corporate America continues to churn our healthy profits. Yahoo Finance executive editor Brian Sozzi drills into all things stock market with Raymond James CIO Larry Adam. Adam not only has his pulse on the markets from the opening bell to the closing bell, but he is tasked with providing top level insights to wealthy investors around the world. Adam tells Sozzi he remains bullish on tech stocks, but is more cautious on consumer discretionary names such as Disney and AirBNB. Small-cap stocks could be worth nibbling at ahead of Fed rate cuts this fall, which could boost the economy, fancies Adam. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Larry Adam joins Opening Bid 00:16-Today's market minute 04:30-The problems with panic-selling 08:30-Proactive rate cuts 13:11-Election breakdown 16:30-Investor advice Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Larry Adam is the Chief Investment Officer at Raymond James. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bottom line is that the stock market remains obsessed with Nvidia. The company is seen as the hands down leader in AI chips. But does that make Nvidia a great stock to buy and hold right through its coming earnings report? Remember with a track record of greatness like Nvidia comes with its expectations for financial greatness every single quarter. Yahoo Finance executive editor Brian Sozzi chats with veteran tech investor and analyst Paul Meeks to get his thoughts on Nvidia’s coming earnings report and what its future may hold. Meeks reminds investors that there are other great tech stocks to own besides Nvidia such as retail investor favorite Super Micro. Meeks adds that humanoid robots may not be a big thing, and as such Tesla’s Elon Musk is simply distracting investors from bad EV results. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Paul Meeks joins Opening Bid 04:00-What to expect of Nvidia earnings 09:00-Where to get in and out on Nvidia 12:00-How do investors know when we're hit the tech top? 16:00-Comparing AI 1.0 to 2.0 plays Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Paul Meeks has covered the technology industry as an analyst and manager since 1992, and has worked as the CIO and Portfolio Manager of Harvest Portfolio Management for 37 years. Learn more about your ad choices. Visit megaphone.fm/adchoices

When isn’t Tesla’s stock a lightning rod for sharp opinions from both bulls and bears!? Now is one of those moments where views from each passionate camp are coming in hot and heavy. On the one side, you have a Tesla retail investor like Alexandra Merz saying on the Opening Bid podcast that Tesla’s stock is severely undervalued. “I’m very convinced this [stock] goes to $5,000 or $10,000 [long-term] once people understand what Tesla is all about,” Merz said. On the other side of the coin there are those less enthusiastic about the stock as Elon Musk voices continued support for former President Donald Trump. The company is also dealing with more sluggish sales of EVs as hybrids return to the forefront. So who is right and who is wrong on Tesla’s wild stock? Yahoo Finance Executive Editor Brian Sozzi goes in-depth with Gerber Kawasaki Co-Founder, CEO and CIO Ross Gerber. Gerber is a Tesla investor, but has had no problems calling out the company’s problems…and Musk. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Ross Gerber joins Opening Bid 00:15-Market Minute 03:00-Tesla evaluation on X is just wrong 08:30-How do we know the robots won't kill us? 12:00-EV loving liberals trumped by magas and Trump 16:40-Sensitive innovators 20:00-The Nvidia guy Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. As the co-founder, president, and CEO of Gerber Kawasaki Wealth and Investment Management, Ross Gerber and his team oversee $2.2 billion in investments. He is also a regular media contributor, and his company is very popular on social media. Learn more about your ad choices. Visit megaphone.fm/adchoices

A sense of calm has returned to markets after a volatile start to the month. But that doesn’t mean the coast is clear. Pros that Yahoo Finance are speaking with are gearing up for a volatile September for markets amid the looming presidential election and a new Fed meeting, where the monetary policy stewards may cut interest rates. So what’s the play for your portfolio with this unknown backdrop? Yahoo Finance executive editor Brian Sozzi and Yahoo Finance ‘Market Domination’ host Julie Hyman talk at length with Blackrock chief investment officer of fixed income Rick Rieder. In this Opening Bid episode, Rieder shares his top volatile trades and offers perspective into how markets may trade around the election. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Rick Rieder joins Opening Bid 04:00-Evaluating the market calm 08:00-Looking forward to seasonal events 11:30-Early slowing signals 17:00-Breaking down BINC: BlackRock's Flexible Income ETF 18:00-Looking at Gen X at 'net savers' Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. As CIO of Global Fixed Income and Head of the BlackRock Global Allocation team, Rick Rider talks across equities and fixed income. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are Tesla and Ford friends or foes? What stocks doest Howard Buffett trade? Can Nvidia keep the trend moving up up up? The summer might be coming to a close, but we're just getting started. This week marks 4 months and our 40th episode since we launched this podcast, so we're bringing you our favorite big moments from the pod so far: from interviews with Jim Farley and Howard Buffett, to big stocks wrap-ups! Like, follow, and subscribe to stay-tuned for more great content. Plus, a new week means fresh market news to digest. We're looking at Goldman Sachs (GS), Chipotle (CMG), McDonald's (MCD), and more. Look out for that at the top. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Special episode on Opening Bid 00:10-Today's market digest 02:11-Nvidia: EMJ Capital founder Eric Jackson 05:52-Elon and Tesla: L&F Investor Services CEO Alexandra Merz 09:35-Starbucks vs. Chipotle: Former Medtronic CEO Bill George 13:09-Ford CEO Jim Farley 15:49-Affirm founder and CEO Max Levchin 19:01-Howard G. Buffett Foundation Howard Buffett Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Learn more about your ad choices. Visit megaphone.fm/adchoices