U.S. stock indexes close mixed Monday, with tech-related shares under sharp pressure, while gains for the Dow industrials come as energy and banks shares climb.
Shares of Amazon.com (NASDAQ: AMZN) jumped 3.3% on Friday after retail sales unexpectedly climbed in September. Concerns had been mounting that stubbornly high COVID-19 case counts, the end of enhanced unemployment benefits, and supply chain bottlenecks would conspire to weaken the retail industry's recovery. As the largest e-commerce company and second-biggest retailer (by sales) in the U.S., Amazon stands to benefit from these sales trends as it enters the all-important holiday shopping season.
The billionaire likes the "meme token." Kind of.
(Bloomberg) -- Only two companies in the world can pay their bills so reliably that they wield perfect credit ratings from both S&P and Moody’s. But one of them, Johnson & Johnson, just turned to bankruptcy court to deal with customers who argue the company’s products gave them cancer.Most Read from BloombergOut-of-Practice Airline Pilots Are Making Errors Back in the AirWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverThe World’s Rich and Powerful Are Stashing $500 Billi
The stock market is all about timing. Whether your investment strategy is bullish or bearish, what matters is making the right moves at the right time. This is the truth at the heart of the old Wall Street cliché that bulls and bears make money, while pigs get slaughtered. If you get greedy, and start chasing money, you’ll overlook the signs that tell you when to buy or sell. Smart investors will be looking for reliable signs that will indicate a stock’s likely movement. In volatile times like t
Burry's Scion Asset Management said in a regulatory filing in mid-May it had put options on 800,100 Tesla shares as of the end of the first quarter. Based on Tesla's closing price of $667.93 at the end of the first quarter, the value of that many shares would have been about $534 million. "No, it was a trade," Burry was quoted as saying in an email to CNBC on Friday, when asked whether he was still shorting Tesla.
Yahoo Finance's Brian Sozzi and Julie Hyman discuss the latest stock movement from Virgin Galactic.
Tesla will easily beat earnings expectations this coming week. Tesla (ticker: TSLA) will report on Wednesday. Tesla, however, doesn’t provide guidance, so investors have to rely on Wall Street estimates to judge whether the company “beat” or “missed.”
Shares of electric-car maker Tesla (NASDAQ: TSLA) moved higher on Friday, climbing more than 3%. The growth stock's gain was likely fueled both by an upbeat day in the overall market and an analyst's increased price target for the shares. On Friday, Jefferies analyst Philippe Houchois boosted his price target for Tesla stock from $850 to $950.
In this article, we discuss the 11 best value stocks to buy according to Warren Buffett. You can skip our detailed analysis of Buffett’s investment strategies and go directly to read the 5 Best Value Stocks To Buy According To Warren Buffett. Warren Buffett does not need any introduction in the investment world. He is […]
Freeport-McMoRan (NYSE: FCX) shares were on fire this week, popping 14.3%, according to data from S&P Global Market Intelligence. A torrid run in metal prices has sparked strong investor interest in the copper stock ahead of the company's quarterly earnings release. The biggest trigger for this stunning price surge is tight global supply, with copper inventories at the London Metal Exchange (LME) tumbling to levels last seen in 1974.
Shares of cryptocurrency exchange Coinbase Global (NASDAQ: COIN) hit an all-time high at more than $400 per share the first day the company was public. As my Motley Fool colleague Rick Munarriz so eloquently said, "Coinbase is a bet on crypto trading -- and not necessarily its ascent." In other words, Coinbase generates most of its highly profitable revenue from trading volume.
NIO Inc. (NYSE: NIO) shares are trading higher following reports suggesting the company said it would be able to double annual production capacity at its Hefei facility in 2022. According to a CnEVPost report, NIO said the upgrade is for the start of production of new models, including the ET7. The current annual production capacity is 120,000 units per year, and will reach 240,000 units per year after the overall upgrade is completed. Following all the expansion work and with extra operating sh
These stocks have dividend yields as high as 5.91%, and the companies never cut dividends after oil prices began their long decline in 2014.
Shares of insurance industry software-as-a-service provider Duck Creek Technologies (NASDAQ: DCT) collapsed in Friday trading, falling 21.7% through 1 p.m. EDT after reporting what -- at least at first glance -- appeared to be a fine fourth-quarter 2021 earnings report last night. Expected to earn $0.02 per share, pro forma, on sales of $69.1 million, Duck Creek turned in a $0.02 per share profit on sales of $70.8 million -- not a huge earnings beat, but a beat nonetheless. Recurring revenue at the software provider increased 41%, and subscription revenue grew 35%.
Corsair Gaming (NASDAQ: CRSR) probably wished it wasn't in the stock market game on Friday. Both Michael Pachter of Wedbush Securities and Baird's Colin Sebastian are now somewhat cooler on Corsair stock.
After years of trial and error by would-be fund sponsors, cryptocurrency investing is finally opening up to the masses with the tacit U.S. approval of a bitcoin exchange-traded fund. ProShares, which filed for its Bitcoin Strategy ETF this past summer, may be the first to launch next week. Proponents of a bitcoin ETF believe the product will be more widely accessible for individuals interested in bitcoin than the actual cryptocurrency by giving investors a regulated alternative to the underlying digital asset.
(Bloomberg) -- MicroStrategy Inc. appears to be one of the bigger beneficiaries from the euphoria surrounding the likely launch of Bitcoin ETFs, with the overall value of the company’s holding of the cryptocurrency doubling. Most Read from BloombergOut-of-Practice Airline Pilots Are Making Errors Back in the AirWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverThe World’s Rich and Powerful Are Stashing $500 Billion in This Tax HavenThe Biggest Public Graveyard in the U.S.
Kenneth Leon, CFRA Research Director, joins Yahoo Finance Live to discuss the outlook on banks following earnings and looking ahead to next year.
(Bloomberg) -- Most Read from BloombergOut-of-Practice Airline Pilots Are Making Errors Back in the AirWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverThe World’s Rich and Powerful Are Stashing $500 Billion in This Tax HavenThe Biggest Public Graveyard in the U.S. Is Becoming a ParkWhat Comes After GE’s 129 Years of Greenhouse GasBitcoin-to-the-moon traders are back with a vengeance as the cryptocurrency approaches its all-time high and demand jumps for bullish contracts
International Business Machines Corp. earnings report has the potential to be "messy" as Big Blue spins off managed infrastructure-service business Kyndryl.