The whispers around the McGold card are not dissimilar to Willy Wonka's golden ticket -- it is part of food culture lore and opens up the doors to every child's dream world of a lifetime of free McDonald's . While rumors of a truly unlimited gold card still abound, the one given out back then was also valid for two meals a week and was estimated to be worth $52,350.
Shares of Bill.com Holdings (NYSE: BILL), the payments specialist for small and medium-sized businesses (SMBs), were taking a dive today after the company posted strong results in its fiscal second quarter but offered disappointing guidance for the current period. Bill.com, which is a software-as-a-service company that helps SMBs handle payments and back-office accounting, said core revenue rose 49% in the quarter, and total revenue jumped 66% to $260 million, which beat estimates at $243.5 million. CEO Rene Lacerte said, "We delivered strong second-quarter results and achieved another quarter of non-GAAP profitable growth as we executed on our strategy to be the essential financial operations platform for SMBs."
Ukraine unveiled a criminal case on Friday against the boss of Russia's Wagner mercenary company, and promised to track down and prosecute the company's fighters who try to flee abroad. Wagner, run by businessman Yevgeny Prigozhin, an ally of President Vladimir Putin, has recruited thousands of fighters, including convicts from Russian prisons, to wage war in Ukraine. Prigozhin says his group is pivotal in recent battles in the east of Ukraine, among the bloodiest of the war.
The Oracle of Omaha has spent over $63 billion since mid-2018 buying a stock that doesn't show up in Berkshire Hathaway's 13F filings or investment portfolio.
Exxon Mobil Corporation ( NYSE:XOM ) has announced that it will be increasing its dividend from last year's comparable...
Palantir makes data analytics software used by government and commercial customers. In a regulatory filing overnight, the company disclosed that on Jan. 29 Chief Accounting Officer Jeffrey Buckley announced plans to step down as soon as Palantir's 2022 10-K is filed. Palantir also said that Chief Operating Officer Shyam Sankar was named chief technology officer and Chief Legal Officer Ryan Taylor was named chief revenue officer.
Shares have spent more time in a downtrend than in an upward trend. Here's what could be in store next.
Dividend stocks are a great way to mitigate downside risk, hedge against inflation, and generate reliable levels of passive income. Closed-end funds, real estate investment trusts (REITs), and some actively managed diversified holding companies are purpose-built to return an outsize portion of cash flows to shareholders via regular distributions. Arbor Realty Trust (NYSE: ABR) is a REIT with a current annualized yield of 10.75%.
When Cathie Wood speaks, people listen. The chief executive of Ark Investment Management has had a far-from-perfect record when it comes to her investment choices -- not to mention not exactly flattering feedback from CNBC's Jim Cramer. When asked what stock Wood would choose she won a million dollar lottery and was forced to choose a stock for ten years, Wood's pick was just as disruptive as her reputation.
Yahoo Finance Live anchors recap the January jobs report, Apple's first-quarter earnings, and why Nerdy stock is surging on Friday.
The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. The semiconductor industry is a good example. The pandemic triggered chip shortages across the world in 2020 and 2021, which gave manufacturers pricing power and drove monumental growth.
JMP Securities, a Citizens Company, Equity Research Analyst Nick Jones sits down with Yahoo Finance Live to dissect Amazon's latest earnings report and unit sales in the greater tech environment.
Yes, there's math. No, it's not that hard.
Electric vehicle (EV) battery company QuantumScape (NYSE: QS) got a boost this week thanks to the Federal Reserve. On Wednesday the Fed increased interest rates by just 25 basis points in response to elevated, but slowing, inflation. Electric vehicle stocks have been plummeting over the past year as investors have become worried about a potential recession.
Shares of SoFi Technologies (NASDAQ: SOFI) have surged almost 70% since the start of 2023, but they're still down sharply from their highs. Is the worst over for investors, and this is the beginning of the next bull run for stocks, including SoFi? In the video below, Motley Fool contributors Jeff Santoro and Jason Hall break down why a bull market would almost surely mean good things for SoFi, and why it's worth buying.
Newly-listed OPAL Fuels Inc. (Nasdaq: OPAL) provides renewable natural gas (RNG) RNG is chemically identical to compressed natural gas, burns twice as clean as diesel Vertically integrated, beginning with source […]
Shares of Leslie's (NASDAQ: LESL), a retailer focused on pool supplies, fell dramatically at the open on Feb. 3, dropping as much as 12% in morning trading. Investors tend to frown on earnings misses, as well.
The year has started well for stock market investors, no doubt of that. The S&P 500 has jumped 9%, and the NASDAQ is up nearly 17%. While this doesn’t reverse last year’s losses, the gains, prompted by several releases of positive economic data, do indicate a shift to more positive investor sentiment. But there is always a voice of caution, and today it’s coming from JPMorgan strategist Marko Kolanovic, who warns that the stock rally likely won’t last – and that it has only postponed, not ended,
Apple's quarter was far from clean. Same for its earnings call.
Week to date, shares of home marketplace company Opendoor Technologies (NASDAQ: OPEN) were up 37.4% through Thursday's market close, according to data provided by S&P Global Market Intelligence, after investors jumped back into high-risk stocks. The stock has cratered from a high of $11.39 in the last year all the way to under $1 per share, but it has recovered on the hope that the housing market won't be as bad as feared. It certainly helps that investors are bidding up a lot of the tech stocks that have gotten crushed over the past year.
Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”
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