U.S. stock indexes were weighed down by growing investor concerns about the outlook for economic growth.
The super investor still sees opportunities ahead.
Yahoo Finance Live's Seana Smith takes a look at Micron's stock following a slump in Q4 revenue guidance.
Yahoo Finance autos reporter Pras Subramanian examines Tesla CEO Elon Musk's acknowledgement of Hyundai and Kia's rising sales figures within the EV space.
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What to watch in markets on Thursday, June 30, 2022.
(Bloomberg) -- Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday -- less than a year after going public through a merger with a blank-check company.Most Read from BloombergStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysSupreme Court Crimps Biden’s
These stocks are priced for an industry-wide calamity, but how realistic is that considering their customer base?
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that, further to its press release dated June 29, 2022, it has entered into an additional privately negotiated exchange agreement (the "Exchange Agreement") with a holder (the "Noteholder") of the Company's outstanding 4.25% unsecured senior notes due 2023 (the "Notes"), to acquire approximately C$7.25 million (approximately USD$5.6 million) aggregate principal amount of the Notes from the Note
Shares of Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Nvidia (NASDAQ: NVDA) were all falling this morning after the Commerce Department reported its latest inflation figures, which showed inflation remains persistently high. The report said that the core personal consumption expenditures index rose 4.7% in May, only slightly less than expected and still a four-decade high. Technology investors have been watching inflation figures very closely, and with today's report, Amazon plunged 3.5%, Apple fell 2.4%, and Nvidia dropped 2.2%.
The current market conditions – the NASDAQ is down 29% year-to-date, and the S&P 500 is down 21% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, which offer both learning opportunities and strong upside potential. However, in evaluating stocks to buy, it
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Memory-chip maker Micron Technology badly missed estimates with its guidance for the current quarter. MU stock fell on the news.
Advanced Micro Devices is declining to new 52-week lows and is now down 54% from its all-time high just just seven months ago. For now, Micron's earnings report after the close remains a bit of a wildcard for semi-stock investors, as it sits on a critical support level. Regarding AMD stock specifically, the valuation has been pummeled, as the stock price has been more than halved while earnings estimates remain steady — at least so far.
The ailing market bounced off lows but still fell solidly. Micron gave grim guidance. Tesla EV rivals report June sales Friday.
Yahoo Finance’s Pras Subramanian joins the Live show to discuss outlooks for Tesla vehicle deliveries.
A bear market leaves the S&P 500 with its worst first six months since 1970. Here's what's happened after stocks suffered steep first-half stumbles in the past.
Not only is the broader market's decline dragging down their share prices, but there are also fears that the companies are seeing pricing pressure for tickets. Carnival (NYSE: CCL) fell by as much as 8.7% in early trading, while Royal Caribbean Cruises (NYSE: RCL) dipped as much as 8.4%, and Norwegian Cruise Line Holdings (NYSE: NCLH) dropped 9.2%. On Wednesday, Morgan Stanley analyst Jamie Rollo said in a report that he was worried that cruise line companies could ultimately face insolvency if their business conditions don't improve soon.
In this article, we will be taking a look at 10 extreme dividend stocks with upside potential. To skip our detailed analysis of dividend investing, you can go directly to see the 5 Extreme Dividend Stocks with Upside Potential. Dividend investing has been an attractive prospect for individual investors and hedge funds alike for many years. […]
(Reuters) -A significantly weaker than expected business outlook by memory-chip firm Micron Technology Inc on Thursday raised concern that following nearly two years of strong demand the industry was turning toward a down cycle. Micron forecast adjusted revenue for the current quarter at $7.2 billion, plus or minus $400 million, while Wall Street's outlook was an average of $9.05 billion, according to Refinitiv IBES data. “We believe that demand has weakened considerably and we've seen that even in the areas that have been significantly constrained," Nikolay Todorov, analyst at Longbow Research, said.
Japan Airlines Co Ltd (OTC: JAPSY) is considering replacing its older Boeing Co. (NYSE: BA) 737 short-haul fleet with more modern and fuel-efficient models, Bloomberg reported, citing people familiar with the matter. The airline operates 45 of the 737 jets with an average age of about 12.5 years and is currently deciding between the 737 Max range and Airbus SE's (OTC: EADSY) A320neo family, stated the report. An order could be for between 30 and 50 of the narrow-body jets. Japan is reportedly co