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.
Yahoo Finance markets reporter Ines Ferre examines AMD's latest earnings report.
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.
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."
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
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.
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.
(Bloomberg) -- The crisis of confidence plaguing Gautam Adani is deepening, with the selloff in the Adani group shares triggered by Hindenburg Research’s fraud allegations rapidly turning into a meltdown despite the completion of a key share sale.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointMicrosoft Studio Behind Halo Faces a Reboot on
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 […]
(Bloomberg) -- Nassim Nicholas Taleb has a message for investors. Prepare for a painful return to reality.Most Read from BloombergSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointBrexit Is Costing the UK £100 Billion a Year in Lost OutputPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsMicrosoft Studio Behind Halo Faces a Reboot on Years of Turmoil“Disneyland is over, the children go back to
Thank you, and welcome to AMD's fourth quarter and fiscal year-end 2022 financial results conference call. Participants in today's conference call are Dr. Lisa Su, our chair and chief executive officer; Jean Hu, our executive vice president, chief financial officer and treasurer; and Devinder Kumar, our executive vice president.
Stocks moving in after hours: Snap, AMD, Match Group, Electronic Arts
Markets rise after strong corporate results.
GlaxoSmithKline has improved their forecasts for 2023 after results reveal strong sales of the pharmaceutical firm's shingles vaccine.
Investors are likely to be disappointed when the Fed hikes rates again this week, probably ending a surprisingly strong rally in the U.S. stock market.
Bear markets can be a double-edged sword for investors. On the other hand, every bear market throughout history has eventually been cleared away by a bull market rally. Since most online brokerages have done away with commission fees and minimum deposit requirements, any amount of money -- even $300 -- can be the perfect amount to put to work during a bear market.
Most readers would already be aware that MaxLinear's (NASDAQ:MXL) stock increased significantly by 31% over the past...
Chip maker AMD (AMD) reported its Q4 2022 earnings after the bell on Tuesday, beating analysts' expectations. The report comes just days after rival Intel (INTC) announced disappointing earnings and guidance.