With wage gains lagging behind soaring inflation, U.S. households are starting to dip into the huge pile of savings they accumulated over the first two years of the pandemic.
What happened Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) surged higher today after the company reported second-quarter results that beat analysts' top-line consensus estimate. The fintech stock was up by 12.
More than two years into the pandemic, hospitalized patients with severe cases may get a game-changing treatment.
Yahoo Finance's Brian Cheung and Akiko Fujita discuss meme stock moves in intraday trading on Tuesday.
The investor, who successfully bet against the U.S. mortgage market before the 2008 financial crisis, has just made a huge gamble.
In this article, we discuss 10 copper stocks to buy now as recession fears recede. If you want to see more stocks in this selection, click 5 Copper Stocks to Buy Now as Recession Fears Recede. Copper prices reached their highest level in more than five weeks on August 10, after data reflected U.S. inflation […]
Framework Ventures Co-Founder Michael Anderson joins Yahoo Finance Live to discuss the ethereum merge and what it means for the crypto space as well as Coinbase's decision to pause ethereum transactions during the event.
The Dow Jones Industrial Average (DJIA) is among the oldest stock market averages in the world. The index comprises 30 large-cap American companies, stocks like Walmart, American Express, and Microsoft. Although the index is a fairly narrow measure of the U.S. stock market, it is often cited by media organizations to track market sentiment owing to its longevity and prominence.
Yahoo Finance Live anchors discuss second-quarter earnings for Walmart.
(Bloomberg) -- 3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedThese Six Ci
(Bloomberg) -- The death of Indian billionaire Rakesh Jhunjhunwala puts a spotlight on the nearly $4 billion worth of stocks held by the famed investor, whose trades were closely followed.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release of Affidavit in Trump Search, Citing ProbeSingapore’s Next Pr
Markets fell into bear territory through the first half of the year – but we saw a summer rebound in July that has stabilized this month. Both the S&P 500 and the NASDAQ indexes have climbed back out of their bear markets, and investor sentiment, at least for now, is positive. However, at least some of the market experts are taking a much more guarded view of current conditions. Looking into the history of market downturns, Bank of America strategists see indicators that we haven’t hit bottom ye
Among Amazon, Shopify, and Tesla stands one company that's simply never been cheaper and is begging to be bought.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Vroom (VRM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Kohl's (KSS) second-quarter fiscal 2022 performance is likely to have been affected by increasing inflationary pressure. Escalated selling, general & administrative expenses might be a concern.
The Wall Street CEO used the dated reference in a call with wealthy clients last week.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors can buy the short-term Treasury bills, now yielding as much as 3%, from the government and brokers or get exposure through funds.
Cisco's bottom-line performance has been outstanding, exceeding the Zacks Consensus EPS Estimate in 19 consecutive quarters.
In the last month, both the S&P and the NASDAQ climbed back out of bear territory, and are registering 10% and 13% gains respectively. It’s enough to make investors' heads spin. Let's not forget, the markets presented investors with a bearish challenge in 1H22, with 6 straight months of losses. Headwinds, in the form of supply chain problems, Russia’s invasion of Ukraine, inflation at generational high levels, rising interest rates, all combined to give investors the shivers. For the retail inve
Yahoo Finance's Jared Blikre breaks down how markets opened on Tuesday.