An extra $1,800 in Child Tax Credit money is headed to thousands of families next month. Here's who is slated to receive it -- and why.
Ether, the second largest cryptocurrency by market capitalization, fell around $1,100 over the same time period. The leading cryptocurrency reflected a broader drop in crypto markets, according to CoinDesk’s price index, with some cryptocurrencies falling more than 20% over the past 24 hours. According to CoinGecko, the overall market cap is currently hovering around $2 trillion.
(Bloomberg) -- Bitcoin plunged along with other cryptocurrencies on Saturday, in another indication of the risk aversion sweeping across financial markets.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female Founders‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsReliving the New York Subway Map DebateAutomating the War on Noise Pollution‘Pension Poachers’ Are Targeting America’s Elderly VeteransThe largest digital token fell as low as $42,296 before paring some of the
A foremost money manager has predicted that the price of Bitcoin could fall to $10k if certain things happen.
On a day when the Nasdaq index is down more than 2%, it shouldn't be surprising that aggressive growth names in the EV sector are leading the way. In addition to market sentiment going against high-growth, speculative companies such as these, Chinese stocks in general are in the crosshairs today. Despite the recent macro factors impacting the share prices of Nio, XPeng, and Li Auto, each company reported strong growth in its latest delivery update.
The Dow Jones fell sharply. Tesla stock took a tumble on an Elon Musk move. Apple stock struggled. DocuSign stock cratered after earnings.
“There are people who wouldn’t talk to me for years and years,” says Wojcicki, who was formerly married to Google cofounder Sergey Brin.
Shares of workflow and project management software outfit Asana (NYSE: ASAN) sank over 28% today as of 3:40 p.m. ET. The small cloud-based service company has been soaring ever since its initial public offering (IPO) in 2020, but after its third-quarter earnings update, the stock has now backtracked all the way to where it was this past summer. As for Q3 fiscal 2022 earnings (for the period ended Oct. 31, 2021), Asana posted year-over-year revenue growth of 70% to $100 million.
If you were planning to do a “Roth IRA” conversion to keep your retirement savings permanently out of the hands of the IRS, you might want to get on it. The new tax bill on Capitol Hill is going to scrap these conversions for everybody after the end of the year — and, no, not just for those earning more than $400,000 a year. The bill “prohibits all employee after-tax contributions in qualified plans and prohibits after-tax IRA contributions from being converted to Roth regardless of income level, effective for distributions, transfers, and contributions made after Dec. 31, 2021,” reports the House Ways & Means Committee.
Shares of Canopy Growth (NASDAQ: CGC), Sundial Growers (NASDAQ: SNDL), and Tilray (NASDAQ: TLRY) were all down by over 14% this week as of noon ET Friday, according to data from S&P Global Market Intelligence. In their latest earnings reports, for example, Canopy Growth and Sundial were both forced to write off millions in inventory due to sluggish sales and changing consumer trends. Canopy and Tilray are both banking heavily on the U.S. legalizing marijuana at the federal level soon.
Friday is looking like a lousy day to own unprofitable electric vehicle (EV) stocks. Up and down the supply chain -- from the companies that mine lithium to those that turn lithium into battery packs to those building networks of charging stations -- all EV stocks are tumbling.
AT&T (NYSE: T) was once considered a stable blue-chip stock for income investors. AT&T's decline can be traced back to three big mistakes. First, it bought DirecTV for $49 billion in 2015 in an ill-fated attempt to expand its pay-TV business.
Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? JD.com , Nio, Li Auto, Xpeng and BYD Co.. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity.
Shares of Adobe Inc. are sinking Friday and on track for their worst performance in more than 20 months, after DocuSign Inc. delivered what some saw as a the latest sign of a cool-down in demand for work-from-home software.
A reader has just written in urging me to take another look at Roth IRAs. This follows my previous column, in which I said I was wary of them, partly because I figured I’ll be paying a lower tax rate in retirement than I am while I’m working. “The tax rate is not the issue; it’s the amount of tax you will be paying,” he reminds me.
How much money people have put away for retirement naturally varies by age group. See how your savings stack up.
Yahoo Finance's Emily McCormick details Didi's announcement that it will pivot from the NYSE to Hong Kong.
Bitcoin (BTC) continued lower on Friday toward $53K as sellers were more active than buyers. Analysts are monitoring macro headwinds that could cause investors to reduce exposure to speculative assets. Although some short-term traders are shifting focus to altcoins for potential gains.
Making money for shareholders has been in Warren Buffett's blood since taking over as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965. Over that time, he's led Berkshire to an average annual gain of about 20%, which translates into aggregate gains, including the year-to-date performance of the Class A shares (BRK.A), of approximately 3,500,000%. Based on the latest 13F filing with the Securities and Exchange Commission, Berkshire Hathaway has stakes in 45 securities.
Hydrogen fuel-cell stocks sank on Friday as macroeconomic news rattled the stock markets and triggered a massive sell-off in growth stocks in particular. Bloom Energy (NYSE: BE): Down 6.6%. Pressure started to build on hydrogen and fuel cell stocks earlier this week after the emergence of a new and potentially more infectious COVID-19 variant, omicron, shook nations across the globe.
On a day when many stocks are down, investors in Smith & Wesson Brands (NASDAQ: SWBI) are seeing red. Investors are clicking the sell button today in response to the fiscal second-quarter earnings report, which the company released yesterday after the market closed. Falling short of analysts' expectations that it would report revenue of $265 million and earnings per share (EPS) of $1.29, Smith & Wesson reported Q2 2022 sales and EPS of $231 million and $1.13, respectively.