Bank of America Senior Semiconductor Analyst Vivek Arya joins Yahoo Finance Live to discuss the plunge in stock for Intel following quarterly earnings, chip stocks, the value of computing, cost-cutting, and the outlook for semiconductor corporation Intel.
A new era is about to begin at Toyota. The reasoning of the Japanese behemoth has always been that consumers were not ready to adopt electric vehicles. As a result, Toyota favored a policy of small steps.
Nio (NYSE: NIO), a stock that rode the electric vehicle (EV) hype in 2021, turned out to be among the biggest losers in 2022 -- it plunged 69% last year. At current prices, Nio could be a rare opportunity to buy a growth stock in a fast-growing industry. Here are the three biggest reasons why Nio stock is a solid buy right now for 2023.
Cruise line stocks are showing signs of recovery, but operators still face inflation, recession fears, and ongoing geopolitical conflicts. As for Carnival Corporation (NYSE: CCL)(NYSE: CUK), I personally think the company's potential outweighs its challenges. In the fourth quarter of fiscal 2022, Carnival earned more revenue from onboard passengers than in pre-pandemic 2019.
Right now, the average price for a loaf of bread is, approximately, $1.87. Under a new law proposed by House Republicans, that price would go up to more than $2.50. This would be the result of the Fair Tax Act, … Continue reading → The post Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate appeared first on SmartAsset Blog.
Let's see if some analysis can provide the answer to whether or not investors should consider SoFi stock right now. Today, while student financing remains a major part of its business, it offers a broad array of services, such as personal banking, investing, credit cards, and mortgages.
Earnings season for the quarter that ended Dec. 31, 2022, is now underway, and Microsoft (NASDAQ: MSFT) was the first of the major technology companies to report. Microsoft's overall revenue growth slowed to a crawl, and its profits dipped compared to the same period in the prior year. Microsoft stock has declined by 28% from its all-time high, but here's why the $1.8 trillion megacap is a buy on the dip.
Investors are reeling from a shocking set of results late Thursday from Intel, whose shares were set to tumble 10% at the start of trading on Friday.
Three Motley Fool contributors were asked to identify great growth stocks down 20% or more to buy now. Here's why they chose Beam Therapeutics (NASDAQ: BEAM), Maravai LifeSciences (NASDAQ: MRVI), and Novavax (NASDAQ: NVAX). Keith Speights (Beam Therapeutics): Beam Therapeutics was flying high in the early part of 2021.
The electric vehicle (EV) market is growing fast, and by 2030 an estimated 60% of new vehicle sales will be EVs, according to the International Energy Agency. All of these new EVs will need a place to charge, and ChargePoint Holdings (NYSE: CHPT) is hoping that many of them get their electron fix from its charging stations in the coming years. To better understand the company's potential and its hurdles, let's look at what's happening with ChargePoint right now and where it's headed in the next few years.
Thursday was a good day for the Nasdaq, which closed the day up 1.8%. But Thursday was not a good day for investors in one of the best-known alternative energy plays on the Nasdaq: Hydrogen fuel cell company Plug Power (NASDAQ:PLUG), which closed the day down nearly 6%. What went wrong with Plug stock? To find out, we need to travel back in time, to when Plug Power gave investors its 2023 January Business Update Wednesday evening. Much of what Plug told investors came as no surprise. As before,
Don't beat yourself with someone else's yardstick.
On Jan. 18, Innovative Industrial Properties (NYSE: IIPR) dropped a bombshell with its operating and investment activity update for the fourth quarter and full year 2022. Now, the company's difficulties are clearly much larger than in July 2022, when its tenant Kings Garden defaulted, spooking investors. As a real estate investment trust (REIT), Innovative Industrial Properties makes money by doing sale-leaseback transactions in which it pays cash for cannabis cultivation real estate and then inks a lease for the space's former owner, turning it into a rent-paying tenant.
Enphase Energy (ENPH) closed the most recent trading day at $208.02, moving -1.09% from the previous trading session.
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
While the overall stock market direction so far this year remains up, the path ahead still presents plenty of potential headwinds. Inflation has yet to be properly tamed, the geopolitical map remains uncertain with Russia’s invasion of Ukraine still ongoing and Covid variants could reappear at any time. Add in the prospect for a fiery battle in Congress around raising the debt ceiling, and Oppenheimer’s Chief Investment Strategist John Stoltzfus thinks market volatility is “unlikely to leave the
Eastman Chemical's (EMN) Q4 performance reflects headwinds from weak demand in key end markets, consumer de-stocking and input cost inflation, along with impacts from adverse currency movements.
The Dow Jones Industrial Average reversed higher Friday after key inflation data. Intel stock plunged over 10% on an earnings miss.
WASHINGTON (Reuters) -U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal Reserve room to further slow the pace of its interest rate hikes next week. The report from the Commerce Department on Friday also showed the smallest gain in personal income in eight months in December, in part reflecting moderate wage growth, which does not bode well for consumer spending in the months ahead. "The Fed needs to tread cautiously here with the economic outlook starting to darken," said Christopher Rupkey, chief economist at FWDBONDS in New York.
While the top- and bottom-line numbers for L3Harris (LHX) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.