Ford is investing in Redwood Materials, the battery recycling firm founded by Tesla co-founder J.B. Straubel. The move aims to help make EVs more affordable and accessible.
Yahoo Finance’s Julie Hyman, Brian Cheung, and Brian Sozzi break down Intel’s latest earnings report.
What happened Shares of IBM (NYSE: IBM) fell 9.5% on Thursday after the global technology company's third-quarter results came up short of investors' expectations. So what IBM's revenue inched up 0.
Shares of Cleveland-Cliffs Inc. (CLF) gained 4% in early trade on Friday after the company reported better-than-expected results for the third quarter of 2021 on robust revenue growth. The iron ore mining company supplies iron ore pellets to the North American steel industry from mines and pellet plants located in Michigan and Minnesota. Third-quarter earnings stood at $2.33 per share, topping the Street estimates of $2.17 per share. The figure compares favorably with a loss of $0.02 per share r
Novavax (NASDAQ: NVAX) started the coronavirus vaccine race as a favorite. Manufacturing issues have delayed Novavax's submission for emergency authorization in the U.S. and other countries. A news report suggested Novavax's delays may not be over.
Forget your inflation fears. Wood sees decades of big gains ahead.
Enovix investors will be happy to hear that their stock was the only one of the three to also be "in the green" for Thursday, in particular, tacking on 1.6%. In the case of FuelCell, the fuel-cell industry's eponymous star owed its gains primarily to bullish pronouncements from one of its rivals, Plug Power, which announced last week that hydrogen fuel cells are getting so popular that it expects to record as much as $850 million in sales next year -- and more than triple that number by 2025. Investors are betting that what's good news for Plug will be good news for FuelCell, as well, which, at $3.1 billion in market capitalization, is far smaller than Plug and therefore has more room to grow.
(Bloomberg) -- Beyond Meat Inc. fell the most in almost a year after the maker of plant-based meats reduced its revenue guidance for the third quarter, citing a decline in retail orders, operational challenges and ongoing impacts from Covid-19.Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go W
Oakmark Funds, an investment management firm, published its Bill Nygren third-quarter 2021 market commentary – a copy of which can be seen here. In the letter, the fund talked about governance with a related topic about shareholders vs. stakeholders, and also discussed some great companies to invest in. You can take a look at the […]
Yahoo Finance’s Julie Hyman, Brian Cheung, Brian Sozzi, and Dan Howley discuss Snap’s latest earnings report, and how its impacting other tech stocks.
After falling yesterday, shares of Plug Power (NASDAQ: PLUG) are roaring back today as the pessimism that plagued the fuel cell specialist's stock on Wednesday seems to be waning. The catalyst for today's movement appears to be news that the company is progressing in its plans to develop a green hydrogen production facility in its home state of New York. As of 10:25 a.m. EDT on Thursday, shares of Plug Power were up 5.7%.
ARK’s daily email disclosure revealed the firm has bought 2.1 million shares in Skillz, worth an estimated $20.8 million.
Steelmaker Cleveland-Cliffs earned $2.33 a share from $6 billion in sales in the third quarter, topping analysts' estimates.
The 5.8%-yielding oil and gas stock's third-quarter numbers failed to impress the market, but investors don't have to worry.
If you are looking to own the assets that make the world work, then these three infrastructure stocks will be up your alley.
The Boston Beer Company, Inc. (SAM) delivered mixed third-quarter results with revenue beating and earnings failing to meet expectations. Weak earnings were driven by temporary costs related to the slower-than-expected hard seltzer growth this summer. Following the news, shares slipped 3.3% in the extended trading session on October 21. The company reported a quarterly loss of $4.76 per share, much worse than the consensus-estimated profit of $4.01 per share. In the prior-year period, SAM posted
J.P. Morgan upgrades the stock to Overweight from Neutral and says growth at the videoconferencing company will rebound.
If you owned a $1,000 stake in Berkshire Hathaway when Warren Buffett became the company's CEO more than a half-century ago and held on to your position, you would now own stock worth roughly $22.6 million. While matching that kind of incredible performance over the next 50-plus years is likely out of reach due to the investment conglomerate's already massive size, the company's performance under Buffett's tenure should make it clear why the famous investor is sometimes referred to as the Oracle of Omaha. Berkshire Hathaway's investment portfolio continues to reflect Buffett's focus on high-quality companies that are built to perform over the long term, and it's little wonder that investors around the world continue to look to him for guidance on market-beating stock plays.
(Bloomberg) -- From a WeWork office in Miami, an obscure financier by the name of Patrick Orlando has become an unlikely power behind what is, for a meme-stock minute, the ultimate MAGA stock: the nascent media company of former President Donald J. Trump.Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to S
Just because a company's stock is getting heavy attention in internet chatrooms doesn't mean its actual business can't also have potential.
Magnite (NASDAQ: MGNI) stock took flight in 2020 following its creation by merger of digital ad firms The Rubicon Project and Telaria, but returns have moderated this year. In fact, the company thinks it is still early on in realizing its potential in the advertising technology space and unveiled some ambitious plans during its recent investor day presentation. Over the next five years, Magnite management thinks the company can sustain an average revenue growth rate topping 25%, and generate profit margins in excess of 40%.