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.)
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.
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.
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.
Hilton CEO Chris Nassetta opens up about the impulse purchase that he regrets the most.
Every investor in Digital Turbine, Inc. ( NASDAQ:APPS ) should be aware of the most powerful shareholder groups. And...
The wireless communication chip designer posted first-quarter results in the Goldilocks zone -- not too hot, not too cold -- and management saw better days coming in a few months.
Yahoo Finance Live’s Brian Sozzi discusses the decline in stock for Bed Bath & Beyond amid share sale news.
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.
Several U.S.-based electric vehicle (EV) stocks were sliding Tuesday morning as investors balance increasing competition against growth initiatives. Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and specialty EV maker Canoo (NASDAQ: GOEV) all sank between about 7% and 8% in early trading. Rivian confirmed it was expanding its product line to include electric bikes, reports Bloomberg.
U.S. stocks ended higher on Tuesday after a volatile session in the wake of Federal Reserve Chair Jerome Powell's comments that inflation will decline significantly in 2023 but more interest-rate hikes will be necessary.
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")
(Bloomberg) -- Meta Platforms Inc. is asking many of its managers and directors to transition to individual contributor jobs or leave the company as it tries to become more efficient, according to people familiar with the matter.Most Read from BloombergQuake Toll Hits 4,000 in Turkey, Syria as Overseas Aid FlowsMeta Asks Many Managers to Get Back to Making Things or LeaveTrump Charges in Georgia Over 2020 Could Lead to Bigger Fed CaseWall Street Goes Risk-On Without Powell’s Pushback: Markets Wr
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.
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.
Steve Eisman says some market paradigms get deeply embedded in people’s minds. “They can’t even imagine, at times, that there could be anything else.”
AT&T has its act together in wireless, but that's already well understood by Wall Street, according to two analysts.
Google's parent company Alphabet just dropped a bombshell announcement with Bard AI, a direct competitor to OpenAI's ChatGPT.
2023 is well underway now, and the key story is the sudden change in sentiment on the financial front. Last year’s bearish trend and headwinds are well known. Stubborn inflation, the Fed’s rapid increase in interest rates, the risk of recession, China’s shutdowns, and Russia’s Ukraine invasion; they all weighed on investors. But after the calendar change, the mood changed, turning to a strong positive sentiment. Inflation data from December came in much better than expected, and with the Fed’s a
Enphase Energy Inc. stock jumps more than 8% in the extended session Tuesday after the maker of inverters for solar-power systems reported fourth-quarter earnings that topped Wall Street views and upped its guidance for the current quarter.