C3.ai (NYSE: AI) has had an amazing run this year. Inspired by the wildfire popularity of ChatGPT, and investor dreams of AI-fueled riches, shares of the artificial intelligence stock were up nearly 150% since the start of this year -- until all of a sudden, C3.ai stock turned tail this morning and retreated.
Yahoo Finance's Julie Hyman breaks down notable business headlines, which include BP posting record profits and slowing its shift away from oil, Apollo Global Management exploring a stake in a Credit Suisse unit, and SoftBank's vision fund battling hit by a tech slump. (Apollo Global Management is Yahoo Finance's parent company.)
Shares of start-up lithium miner -- and General Motors partner -- Lithium Americas (NYSE: LAC) soared 8.1% through 11:50 a.m. ET on Tuesday, after a federal district court in Nevada issued what the company called a "favorable ruling" in an appeal against a Bureau of Land Management (BLM) ruling. As Reuters relates, the U.S. District Court for the District of Nevada instructed the BLM to consider whether Lithium Americas should be permitted to dump waste rock from its Thacker Pass lithium project at a location just south of the Oregon border. In short, Lithium Americas now has a green light to proceed with exploitation of what Lithium Americas calls "the largest known lithium resource in the U.S." It keeps the company on track to begin producing up to 40,000 tons of lithium carbonate per year by late 2026, and as much as 80,000 tons per year in a later Phase 2 of the project.
Yahoo Finance Live’s Brian Sozzi discusses the decline in stock for Bed Bath & Beyond amid share sale news.
Cleveland-Cliffs (CLF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A Canadian transportation and logistics specialist disclosed an investment in U.S. trucking company ArcBest (NASDAQ: ARCB), and some investors are betting it is a precursor to a buyout. Shares of ArcBest jumped as much as 20% on Tuesday morning after the stake was disclosed. ArcBest specializes in truckload and less-than-truckload freight transport, logistics, and brokerage operations, with a focus on the central United States.
Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.
The rivalry between AT&T (NYSE: T) and Verizon Communications (NYSE: VZ) has raged for decades. Now that AT&T has divested its media assets, both companies focus primarily on developing 5G broadband.
Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company"), a large, innovation-focused digital asset mining pioneer and high performance computing infrastructure provider, and U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC"), builder and strategic operator of four Bitcoin mining centres across the United States, announced today that each of their Boards of Directors have unanimously approved a definitive business combination agreement (the "Business Combination Agreement")
LIXTE Biotechnology Holdings Inc (NASDAQ: LIXT) noted that a team of scientists reported that in three difficult-to-treat cancer types, LIXTE's lead compound, LB-100, combined with an inhibitor of the WEE1 kinase, causes unexpectedly effective cancer cell killing. Most surprisingly, when cancer cells acquire resistance to this combination therapy, they have highly reduced cancer-causing capacity in animal models. This observation indicates that LB-100 combination therapy can force cells to give
Shares of Zoom Video Communications (NASDAQ: ZM) were trading calmly until about 12:20 p.m. ET when they suddenly soared. The company announced that it was laying off workers and Zoom stock was up about 10% within 30 minutes. Zoom is following in the footsteps of many tech companies in recent months by laying off 15% of its workforce.
Cincinnati Financial's (CINF) fourth-quarter results benefit from improved earned premiums and investment income, partly offset by poor underwriting results and deteriorated combined ratio.
In this video, I will be talking about Intel's (NASDAQ: INTC) future, specifically what it needs to do in the next three years, and the lessons we can learn from AMD's remarkable turnaround. *Stock prices used were from the trading day of Feb.
Yahoo Finance's Jared Blikre breaks down Citi bears betting on the end of a Nasdaq rallies and what a rise in the Nasdaq means for sentiment leaders such as bitcoin and the ARK Invest flagship ETF.
Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.
It's added to Amazon's overall costs -- from transporting goods to running warehouses. The bright spot always has been Amazon's cloud computing business, Amazon Web Services (AWS). First, let's talk about how AWS generally fits into the Amazon earnings picture.
The stock market has finally started to hit some resistance after a strong start to 2023. On Tuesday, the Nasdaq rose about half a percent as of 12:45 p.m. ET. Skyworks Solutions (NASDAQ: SWKS) and Take-Two Interactive Software (NASDAQ: TTWO) have both come a long way since their modest beginnings, and investors were happy to see both companies post financial results that signaled their ability to thrive even in tough times for the broader economy.
Despite the Nasdaq-100 rocketing 10.6% higher in January 2023, some stocks haven't had nearly the same success. The three worst Nasdaq-100 performers in January were Enphase Energy (NASDAQ: ENPH), Intuitive Surgical (NASDAQ: ISRG), and Automatic Data Processing (NASDAQ: ADP). Enphase was the basement dweller among Nasdaq-100 stocks, down 16.5% in January.
A Roth 401(k) is a solid option for retirement savers, especially those who don't anticipate finding themselves in a lower tax bracket when they retire. A Roth 401(k) works similarly to other retirement savings accounts - you put your money … Continue reading → The post A Roth 401(k) Just Got a Lot More Attractive appeared first on SmartAsset Blog.
Our columnist got an early look at the software giant’s addition of ChatGPT powers to its search engine.