The French energy company said it would buy a 50% stake in Clearway Energy Group in a deal worth about $2.4 billion, the latest move by an oil major to expand in wind and solar power.
High-quality items seldom go on sale. Grab them when they do.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
Shares of Nvidia (NASDAQ: NVDA) plunged this week after the company's stock received a price target cut, some analysts had a few negative comments about the chip market, and investors worried that comments made from another chip company about slowing demand might mean bad news for Nvidia as well. Investors panicked a bit on all this news and sent the semiconductor stock falling 15.3% over the past week. Nvidia started off the week with Morgan Stanley warning that there could be a potential slowdown in demand for graphics processors as Ethereum, a leading blockchain and cryptocurrency, switches to a proof-of-stake model and away from its current proof-of-work setup.
The mood has changed at the headquarters of Meta Platforms , parent of Facebook, Instagram and WhatsApp, in Menlo Park, California. For months now, many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy by the Federal Reserve and central banks around the world to combat record price increases everywhere. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the Covid-19 pandemic.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
Zuckerberg's chilling message to Meta Platforms Inc. employees: The company faces one of the "worst downturns that we've seen in recent history" that will necessitate a scaling back in hires and resources.
Two weeks that seemed like an eternity in Elon Musk's world. After having dominated almost all conversations in business circles since the beginning of the year, the richest man in the world had suddenly become silent since June 21, the date of his last tweets on the microblogging website Twitter.
The "Truth Be Told" actress previously spoke to Yahoo Life about taking time for self care, which can include just a few quiet moments.
Shares of Kohl's (NYSE: KSS) plummeted 26.9% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence, after the department store chain decided against selling itself and would instead remain an independent retailer. Kohl's has been the target of activist investors for more than a year amid growing disappointment with the retailer's direction. Although only one of the trio of hedge funds pushing for change was still around this year, it recently lost its attempt for a seat on Kohl's board.
When it comes to making powerful computer chips, Advanced Micro Devices (NASDAQ: AMD) is best-in-class. Chips, which are commercially known as semiconductors, have become one of the most important manufacturing components as consumer devices and commercial infrastructure demand an increasing amount of computing power. AMD is responsible for powering consumer product royalty.
Suze is bearish — but not on everything.
(Bloomberg) -- Germany should prepare for deeper cuts in Russian gas supplies because President Vladimir Putin is pursuing a conscious strategy of driving up prices to undermine European unity, Economy Minister Robert Habeck said.Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesNetflix Crashes After
Tesla's sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles.
The move is one of the most drastic responses by the Kremlin so far to the flight of Western companies from Russia in the wake of the country’s invasion of Ukraine.
Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.
Elon Musk said he was "honored" to meet Pope Francis as he shared a snap featuring four of his sons after 10 days off Twitter
Our latest guide to income investing explores opportunities in categories ranging from junk bonds to TIPS and REITs.
The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s.
(Bloomberg) -- A “recession shock” begins for markets following the worst first-half for the S&P 500 in more than 50 years, Bank of America Corp.’s Chief Investment Strategist Michael Hartnett says.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesHow Europe Became the Epicenter for This Summer’s Travel ChaosStock Doomsayers Vindicated in Historic First Half: Ma
With tech stocks like Nvidia out of favor, chemicals and oil stock dominate this list of growth stocks eyeing 109%-370% gains.