Large cap cryptocurrencies are all moving violently this weekend, though not all in the same direction.
Yahoo Finance's Brad Smith and Akiko Fujita discuss how the market is reacting to Peloton's production pause.
Peloton shares get crushed on reports of a production halt.
Shares of Peloton Interactive were halted midday Thursday after a report from CNBC said the exercise equipment maker was temporarily halting production of its fitness products due to slumping demand.
Shares of TaskUs (NASDAQ: TASK) fell sharply on Thursday after the release of what's known as a short report. Spruce Point Capital Management believes TaskUs stock has 25% to 50% downside. Putting their money where their mouth is, Spruce Point Capital is short shares of TaskUs, meaning it will profit if the stock goes down.
Electric vehicles are quickly taking market share in the auto space and there are opportunities beyond hot stocks like Lucid Group.
Affirm and its "buy now, pay later" rivals allow consumers to pay for items in scheduled instalments, instead of using a traditional credit card. Credit card companies like Mastercard and Visa make money by charging their customers compounding interest and late fees. For 0% financing, Affirm makes money by charging merchants fees to use its services; those shops pay up in hopes that Affirm's flexible payment options will encourage customers to buy from them.
Sorrento Therapeutics Inc (NASDAQ: SRNE) has released new data on STI-9167, an advanced stage antibody against COVID-19. The antibody was discovered and developed in an ongoing collaboration between Sorrento and the Icahn School of Medicine at Mount Sinai. STI-9167 was observed to bind with high affinity and provide highly potent neutralizing activity against the omicron variant. The Company says that STI-9167 is unique compared to tests of EUA-approved SARS-CoV-2 antibodies in that binding and
Though crashes and corrections are inevitable, they're also an ideal opportunity to buy great stocks at a discount.
Paysafe (NYSE: PSFE) shareholders beat the market on Thursday morning as shares rose 12% by 11 a.m. ET compared to a 1.1% increase in the wider market. It helped that the broader market jumped, but Paysafe also benefited from improving sentiment from Wall Street pros. An analyst at the Wall Street firm Cowen upgraded the digital gambling and payments processing stock and issued an aggressive short-term outlook that sees the stock nearly doubling over the next year.
(Bloomberg) -- Most Read from BloombergEarly Omicron Breakthroughs Show mRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omicron and Others Don’tBiden Expects Russia to ‘Move In’ on Ukraine; Warns of SanctionsThailand to Resume Quarantine-Free Tourism as Covid EasesOmicron Is a Bigger Risk for the Young, Medical Data ShowsJeremy Grantham, the famed investor who for decades has been calling market bubbles, said the historic collapse in stocks he predicted a year ago is underway and even i
(Bloomberg) -- Mercedes-Benz plans to use laser sensors from Luminar Technologies Inc. in a next-generation vehicle platform to enable semi-autonomous driving features on highways.Most Read from BloombergEarly Omicron Breakthroughs Show mRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omicron and Others Don’tBiden Expects Russia to ‘Move In’ on Ukraine; Warns of SanctionsThailand to Resume Quarantine-Free Tourism as Covid EasesOmicron Is a Bigger Risk for the Young, Medical Data ShowsDai
Yahoo Finance's Julie Hyman and Brian Sozzi discuss Ford stock's dip, Mercedes-Benz teaming up with Luminar for self-driving technology, and Signet Jewelers shares rising.
Nvidia (NASDAQ: NVDA) may be down 22% from its 52-week high, but shares of the semiconductor stock have doubled over the past year. In contrast, the S&P 500 is up a measly 109% in the past five years, meaning had someone invested $10,000 in Nvidia shares back then, they would be sitting on well over $100,000 today versus a $20,000 or so gain in the index. Is it too late to buy Nvidia stock now?
An overheated housing market is pricing out many homebuyers. So people are starting to buy cheaper, souped-up mobile homes as an alternative.
Select analysts and investment banks see "high" return potential for these cannabis stocks.
Both Palantir and Snowflake have experienced heavy sell-offs as technology stocks undergo a correction.
A Bank of America analyst cut his price target on the stock in half on Wednesday, but hope springs eternal.
The IRS has good news for retirees starting in 2022: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs). For the first time in 20 years, the Internal Revenue Service has … Continue reading → The post Good News for Retirees: RMD Formula Changing for First Time in Decades appeared first on SmartAsset Blog.
Such enterprises often beget lucrative stock investments, and investors often turn to such stocks in hopes of beating the market. IIP is a different kind of real estate investment trust (REIT). IIP is one of the few REITs devoted exclusively to this property type.
After some big sell-offs, the market is rallying today, and Palantir (NYSE: PLTR) is getting a boost from the momentum. The data analytics specialist's share price was up roughly 5.7% as of noon ET on Thursday. In the absence of any fresh, business-specific news, Palantir stock has frequently made outsize moves in conjunction with the market's shifting appetite for growth-dependent technology companies.