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Yahoo Finance Plus Dow Jones Futures: Inflation Report Due After S&P 500 Surges Above 200-Day On Fed Chief Powell
Futures fell ahead of a key inflation report. On Wednesday, the S&P 500 jumped above the 200-day line on Fed chief Powell's comments.
Futures fell ahead of a key inflation report. On Wednesday, the S&P 500 jumped above the 200-day line on Fed chief Powell's comments.
We break down the latest earnings release from chip maker AMD.
Early retirement is a dream for many — that can turn into a nightmare.
Traders have placed a near definite chance for the Federal Reserve to slow down its pace of interest rate hikes once again on Wednesday, when it finishes its February meeting, and then perhaps a cut later this year. Investors are right to be on a slower pace of rate increases. After raising rates aggressively seven times last year, the Fed in its latest summary of economic projections said median interest rates will go as high as 5.1% in 2023.
Michael Burry, the hedge-fund manager at Scion Asset Management who correctly forecast the 2008 financial crisis, on Tuesday night sent out a one-word tweet: “Sell.” Burry didn’t elaborate, but it’s not hard to fill in the blanks. Assets like bitcoin and ARK Innovation ETF surged in January, in a seeming dash for trash on the view the Fed’s going to pivot to rate cuts soon, which is a lot to stomach for a value-focused investor like Burry.
GlaxoSmithKline has improved their forecasts for 2023 after results reveal strong sales of the pharmaceutical firm's shingles vaccine.
Yahoo Finance Live anchors discuss Amazon and Nike's rumored interest in buying out Peloton.
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good
Shares of hydrogen fuel cell star Plug Power (NASDAQ: PLUG) jumped 4.7% through 11:45 a.m. ET Tuesday morning after the company secured a long-term supply agreement with British hydrogen technologies company Johnson Matthey (LSE: JMAT). Under the terms of the agreement, Johnson Matthey will supply Plug with components for membrane electrode assemblies and specifically with "catalysts, membranes, and catalyst coated membranes (CCM)" -- essential parts for building fuel cells. Plug says that partnering with Johnson Matthey will "strengthen its supply chain and help meet the growing demand for fuel cells and electrolyzers."
Berkshire Hathaway is the ultimate Warren Buffett stock. It is near an entry but is it a good buy? Here's what earnings and charts show for Berkshire stock.
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The board of Intel Corporation ( NASDAQ:INTC ) has announced that it will pay a dividend of $0.365 per share on the 1st...
Another ugly quarter for the struggling Snapchat.
Amazon.com Inc. is expected to reveal its first unprofitable year since 2014 this week — and expectations for the year aren't headed in a positive direction.
What will it take for a new bull market to begin? The commonly accepted definition of a bull market is when stock prices rise 20% or more above their previous low. A new bull market realistically could be on the way in February.
While stocks have rallied this past January, giving a good start to 2023, there’s no doubt that last year was decidedly bearish. A receding tide pulls back all boats, and that complicates the art of successful stock picking. The key to winning in a complicated environment like this is to find stocks that may be down – but are poised for a comeback. With this in mind, we've used the TipRank database to pinpoint two stocks that the analysts believe, in their words, are 'oversold' and are primed fo
Is Mr. Wonderful bailing on crypto? Not quite.
Congratulations on making it through a career of teaching, and for having saved enough that you don’t need the full amount of your required minimum distributions (RMDs) to live on right now. Since you know your RMD amount from the start, it’s easy to break it up into 12 equal distributions that can be automatically deposited into your checking account.
Question: Eight years ago I hired a financial advisor because the rounds of layoffs at work were coming more regularly, and I wanted to know if my savings were enough for me to retire. The financial advisor began managing some of my accounts for me for a fee of 1%.
In this article, we will take a look at the 10 most undervalued tech stocks to buy according to hedge funds. To see more such companies, go directly to 5 Most Undervalued Tech Stocks to Buy According to Hedge Funds. Tech stocks took a beating last year as investors fled growth stocks amid rising inflation […]