Lumen's (LUMN) Q4 performance was affected by decline in revenues across all segments.
Google debuted a number of new AI-powered search features at an event on Wednesday, as it fights off a new advance by Microsoft into the search market.
The telecommunications company pressed the reset button and disappointed Wall Street with its outlook in a Tuesday afternoon report
Intel (NASDAQ: INTC) might have just had one of the worst years in the history of blue chip stocks. During the year it lost $9.4 billion in free cash flow and the stock price fell nearly 50%. An inventory glut in the semiconductor industry, especially in PC chips, hammered peers like Advanced Micro Devices and Micron Technology as well, and a decline in PC demand is also weighing on performance.
Tesla is sending out invites to its highly anticipated Investor Day on March 1st, but CEO Elon Musk says there will be more to come — his Master Plan part 3.
C3.ai (NYSE: AI) and Palantir (NYSE: PLTR) represent two different plays on the secular growth of the enterprise AI software market. C3 develops AI algorithms that can be integrated into an organization's existing software to automate tasks, improve employee safety, cut costs, and detect fraud. Palantir's platform accumulates large amounts of information from disparate sources to help organizations make better data-driven decisions.
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. This tax has set off alarm bells in some corners of Wall Street, on the theory that buybacks were one of the biggest props supporting the past decade’s bull market — and anything weakening that prop could lead to much lower prices. One reason is that the new excise tax — whether 1% or 4% — is applied to net buybacks — repurchases in excess of how many shares the corporation may have issued.
Traders took heart that Fed Chair Jerome Powell, when he wasn’t being questioned by David Rubinstein on how he gets by on $190,000 per year, didn’t commit on Tuesday to having to be even more aggressive on interest rates given the huge 517,000 surge in nonfarm payrolls. Powell said rates would have to go even higher than the market currently expects “if we continue to get” strong labor market or higher inflation reports. Economists at Morgan Stanley point out that the January number reflects three factors it believes to be temporary: unusually warm weather, the resolution of California higher-education strikes and a very strong seasonal adjustment boost.
Dominion Energy (D) delivered earnings and revenue surprises of 2.91% and 17.09%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
NIO Inc. (NIO) closed the most recent trading day at $10.92, moving -0.09% from the previous trading session.
Yahoo Finance Live anchors discuss third-quarter earnings for Under Armour.
Aggressive interest rate hikes by the Federal Reserve and other major central banks to help cool inflation that was at 40-year highs deserve some blame as they quickly shrunk valuation multiples for many stocks. Does this renewed optimism make Carvana a screaming buy right now? Carvana has been one of the top trending tickers on Reddit, the site that helped spur the meme-stock craze nearly two years ago.
After a turbulent 2022 for the automotive industry, investors were thrilled when General Motors posted surprisingly strong fourth-quarter results. The better-than-expected earnings on strong revenue drove GM stock higher, and it also pulled competitor Ford Motor Company (NYSE: F) stock higher in anticipation it would have similar results. Worse yet, Ford management didn't have many details about its plan to fix its problems -- at least, not yet.
Amazon's (NASDAQ: AMZN) management gave investors significant insight into what was happening at the company. This video will highlight the major announcements from Amazon's latest earnings conference call.
Perion Network (PERI) delivered earnings and revenue surprises of 28.57% and 2.25%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
ViaSat (VSAT) delivered earnings and revenue surprises of -74.29% and 3.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Stocks may be up and down right now, but the current market environment won't last forever. Here are two top growth stocks with the potential to generate multi-bagger portfolio returns in the years ahead that investors may want to consider scooping up right now. Upstart has facilitated more than $30 billion in loans since its inception, and now offers a range of products, including personal loans and auto loans.
Yahoo Finance’s Jared Blikre breaks down how markets opened on Tuesday.
After growth stocks were Wall Street's savior in 2021, they were primarily responsible for dragging the major indexes into a bear market last year. The growth-dependent Nasdaq Composite and Nasdaq 100 -- an index comprised of the 100 largest nonfinancial companies listed on the Nasdaq exchange -- each plunged 33% in 2022. Thankfully, when there's pain on Wall Street, you can always find opportunity.