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2021 was hardly a banner year for the Canadian weed company; perhaps its fortunes are about to change.
High-quality items seldom go on sale. Grab them when they do.
Retail stocks including Costco (NASDAQ: COST), Kohl's (NYSE: KSS), and Five Below (NASDAQ: FIVE) were getting shocked today after retail giants including Walmart and Target badly missed bottom-line estimates and their first-quarter earnings reports. Both companies also cut their guidance for the year, warning that challenges from inflation and supply chain disruptions would persist. As of 11:05 a.m. ET, Costco stock was down 11.4%, while Kohl's had given up 10%, and Five Below was off 9.1%.
S&P Dow Jones Indices said the company, which has helped push the car industry toward electric vehicles, doesn't have a comprehensive low-carbon strategy.
UPDATE (May 18, 12:24 p.m.): The Cincinnati Police Department issued a statement that it is involved in an ongoing, multi-jurisdictional investigation and nobody has yet been charged. Cincinnati-based Procter & Gamble has closed its downtown offices on Wednesday over a reported security concern. A spokesperson for P&G (NYSE: PG) on Wednesday morning confirmed the closure of the company's downtown headquarters.
Yahoo Finance Live anchors discuss first-quarter earnings for Target.
Shares of AMC Entertainment (NYSE: AMC) were 3.4% higher at 11:24 a.m. ET on Wednesday after the movie theater operator filed a statement with the Securities and Exchange Commission that it now owns a 6.8% stake in National CineMedia (NASDAQ: NCMI), which runs advertisements on movie theater screens. CEO Adam Aron has said he would be making more investments using the $1.8 billion in liquidity AMC has available, and a purchase like this is probably what most people had in mind. National CineMedia is a holding company whose sole purpose is to operate National CineMedia LLC (NCM), which distributes ads to theaters.
Shares of Apple (NASDAQ: AAPL) were falling 3.9% heading into noontime trading Wednesday as retail sector earnings have been weaker than expected this week and the Federal Reserve is expected to further tighten the screws on the economy. There has also been an uptick in cases of COVID-19, which caused Apple to delay implementation of its three-days-in-the-office policy.
Russia's invasion of Ukraine has made energy security a priority for a growing number of countries. The energy industry needs to build more pipeline capacity to transport natural gas to new liquefaction and export terminals. Two leaders in developing natural gas infrastructure are Energy Transfer (NYSE: ET) and Kinder Morgan (NYSE: KMI).
Warren Buffett is having a good year with S&P 500 stocks — it's his kind of market. But he's suffering from his fair share of blowups.
Now investors can add one more item to the list of concerns: Shopify reported a $1.47 billion net loss in Q1 2022, compared to a $1.26 billion net profit a year ago. During the full-year 2021 financial update a few months ago, Shopify outlined how it would ramp up its investment in its shipping and logistics segment Shopify Fulfillment Network (SFN) in the next couple of years. This concerned some shareholders as Shopify continuously moves away from its ultra-asset-light and profitable e-commerce software business as it tries to woo over more merchants from platforms like Amazon.
Novavax disappointed investors when its regulatory submissions fell behind. Now, all eyes are on Novavax's next step: winning authorization in the U.S. Could this nudge the stock out of its slump -- and even turn it into a multibagger? Novavax reported revenue of $704 million and net income of $203 million.
Inflation remains white-hot. These stocks can help ease the pain.
Yahoo Finance Live's Brian Sozzi breaks down the stat of the day.
Palantir (NYSE: PLTR) and Amazon (NASDAQ: AMZN) both burned the bulls after their stocks hit all-time highs last year. Palantir's stock started trading at $10 after the data-mining firm went public via a direct listing in September 2020. Amazon's stock closed at an all-time high of $3,731.41 last July, but it subsequently tumbled to about $2,200 as investors fretted over its slowing e-commerce growth and rising expenses.
Investors instead looked at the massive declines in stocks over the first four months of 2022 and concluded that even with some reasons for worry, the downturn had been too fast. Both Upstart Holdings (NASDAQ: UPST) and Global-e Online (NASDAQ: GLBE) were up quite strongly on the day, and shareholders seem to be having a change of heart after having been extremely negative on the high-growth companies ' prospects recently. Shares of Upstart Holdings jumped 23% on Tuesday.
(Bloomberg) -- Jamie Dimon was handed a rare defeat from shareholders as they rejected a pay proposal, just months after the board unfurled lucrative incentives for the JPMorgan Chase & Co. chief to stay on for a number of years.Most Read from BloombergUS Set to Block Russian Debt Payments, Raising Default OddsOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneWalmart Flashes a Warning Sign to the Entire Consumer EconomyElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt Burde
Elon Musk and Twitter are at odds as to whether the deal hinges on additional information on fake accounts.
Keeping up the returns would be a neat trick in today’s market, as the main indexes are all steeply down for the year so far – with losses of 15% on the S&P 500 and 24% on the NASDAQ. For investors, then, the best strategy may just be to follow a winner. Billionaire investing legend George Soros is most definitely a winner. He’s built a portfolio worth billions, and had possibly the greatest bull run in hedge fund history, averaging 30% annualized returns for 30 years. Starting in 1992, when he
What's more, the huge end-market opportunity the company is sitting on in real-time 3D content makes buying Unity stock a no-brainer following its big plunge. The impressive increase in revenue was driven by robust growth in customer spending.
In this article, we discuss 10 best stocks to consider for retirement. If you want to see more dividend stocks in this selection, click Living Off Dividends in Retirement: 5 Best Stocks To Consider. The average age of retirement in the United States is 62, and American retirees represent a significant proportion of the adult […]