Most stocks slumped heading into the close aside from the cannabis sector, which surged on news of President Biden pardoning all prior federal offenses for simple marijuana possession.
Yahoo Finance Live's Jared Blikre breaks down Mizuho's price target cuts on EV competitors Tesla and Nio.
Tic-tac-toe, three in a row, shares of Ford Motor Company (NYSE: F), Tesla (NASDAQ: TSLA), and Nio (NYSE: NIO) are down 2%, 1.9%, and 5.9%, respectively. In the case of electric vehicle (EV) specialists Tesla and Nio, it's basically Wall Street to blame for today's declines. Granted, yesterday's announcement that Elon Musk has apparently decided he will buy Twitter after all is probably still having an effect on Tesla stock -- but there's new news, too.
Elon Musk's recently released text messages with fellow billionaires, family members, investors, Twitter executives, and others can provide clues into how he aims to transform his new company.
In this article, we discuss 15 best short squeeze stocks to buy now. If you want to see more stocks like these, check out 5 Best Short Squeeze Stocks to Buy Now. In 2021, retail trading activity resulted in an unparalleled short squeeze that led major capital market players to lose billions of dollars. In […]
Yahoo Finance Live checks out cannabis stocks following headlines that President BIden will pardon all prior offenses of marijuana possession.
The Tesla CEO has come under fire for several days, after proposing a perceived pro-Russian peace plan to end the war in Ukraine.
Oil prices have been all over the place this year. WTI, the primary U.S. oil price benchmark, started 2022 at around $75 a barrel before rocketing over $120 a barrel following Russia's invasion of Ukraine. The move could keep a floor under crude prices and potentially push them higher depending on demand and other supplies.
These two stocks are among the riskiest in the Berkshire Hathaway portfolio, but they could be huge winners.
Yahoo Finance Live co-host Dave Briggs reports that Twitter's board and Elon Musk could potentially reach an agreement in acquisition terms by October 28 amid ongoing litigation.
Lumen (LUMN) closes the sale of ILEC business in 20 states to Brightspeed.
The top two family cruise lines, along with rivals including MSC, have an issue that's good for consumers (but maybe bad for investors).
Frontline workers are stressed by the limited-time promotion that runs through the end of October.
Two of the most prominent mortgage real estate investment trusts (REITs), Annaly Capital Management (NYSE: NLY) and AGNC Investment (NASDAQ: AGNC), were down sharply during trading on Wednesday. Annaly Capital was down as much as 9% on the day at around noon ET, while AGNC fell as far as 9.7% on the day at around the same time. As both Annaly Capital and AGNC Investment are mortgage REITs, they were each negatively affected by the latest news from the housing industry.
While the SPDR S&P Healthcare ETF is down 10% year to date, the SPDR S&P Biotech ETF has plummeted 29%. Investors should always keep the long-term potential of businesses in mind when investing in the stock market. Sunosi, purchased from Jazz Pharmaceuticals in May, has been Axsome's blockbuster drug.
Warren Buffett has been making a bold bet on oil prices over the past year. While oil prices have cooled off on fears that we're about to enter a global recession, that slump has reversed recently thanks to OPEC.
(Bloomberg) -- Talks between Elon Musk and Twitter Inc. to reach a resolution of the $44 billion takeover are stuck in part over Musk’s statement that his offer is now contingent on receiving $13 billion in debt financing, according to people familiar with the matter.Most Read from BloombergTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.Nord Stream Leaks Caused by Detonations in Sign of SabotageSecretive Chip Startup May Help Huawei Circumvent US SanctionsKremli
“If you buy at the (inflation) peak, you do pretty darn well over the next 12 months,” says investment strategist Jim Paulsen.
Sinan Aral, author and professor of management at MIT, joins Yahoo Finance Live to discuss what's next for Twitter should the deal with Tesla CEO Elon Musk go through.
Apart from Shell (SHEL) and Enbridge (ENB), TechnipFMC (FTI), Transocean (RIG) and VAALCO Energy (EGY) hogged the limelight during the week.