Tech editor Dan Howley takes a closer look at Meta's latest earnings beat alongside updates to its share buyback program.
Meta (META) reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations amid a difficult ad market.
January has now been and gone and turned out to be a nice gift for investors. Battered by 2022’s bear, the tech-heavy Nasdaq, in particular, put in an excellent showing, seeing out the month ~11% into the green, in what amounted to its best start to a year since 2001. That signals the appetite for risk is on again and that will be good news for Cathie Wood, the ARK Investment CEO, whose investing style heavily favors disruptors - equities that are naturally positioned at the risky end of the sca
I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.
Tesla's Cybertruck is the object of endless speculation. Sci-fi vehicle, some enthused fans of Tesla and CEO Elon Musk say. Since its introduction in November 2019 at a promotional event in Los Angeles, the Cybertruck has captured the hearts of Tesla fans.
Yahoo Finance's Seana Smith reports on how Meta stock is trading after hours following the Facebook parent company's Q4 earnings results.
SoFi (NASDAQ: SOFI) recently reported fourth-quarter earnings that were extremely impressive. But there's one number that I'm most excited about, and it isn't any of the headline stats. In this short video, I run down the highlights of the quarter and the most important number for investors to watch.
DraftKings Inc. has joined Wayfair Inc., HubSpot Inc. and other publicly traded tech companies in Massachusetts in laying off workers.
According to the average brokerage recommendation (ABR), one should invest in NIO Inc. (NIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
On any list of biotech plays that might multiply in value in a relatively short period, Cassava Sciences (NASDAQ: SAVA) is likely to be near the top of the list. It's exploring whether its drug called simufilam is safe and effective to treat early-stage Alzheimer's disease, though its clinical trials have (so far) shed little light on the issue. The biggest reason to sell Cassava stock: After an open-label phase 2 clinical trial of simufilam, the market reacted quite negatively to the release of new data that management spun as being positive.
The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. “In my whole adult life, I have never hoarded cash, waiting for better conditions,” Munger said in an interview in late 2022. “I’ve just invested in the best thing I could find.” Yet he acknowledged that Berkshire Hathaway is sitting on billions of dollars in cash. The reason isn’t that Buffett and Munger think they can wait for stocks to get even ch
Yahoo Finance’s Daniel Howley joins the Live show to discuss quarterly earnings for AMD, the drop in PC sales and shipments, and the outlook for AMD.
Bespoke Investment Group examined how the Nasdaq has performed historically following a monthly gain of at least 10% after being down in the prior 12 months.
Sea Limited (NYSE: SE) has fallen from grace lately as it faces challenges from the post-pandemic effects and the weak global economies. Sea's management team responded by pivoting from growth to self-sufficiency and profitability to deal with these challenges.
U.S. Bank SVP & Public Markets Group Head Lisa Erickson sits down with Yahoo Finance Live to talk about the Fed's latest rate hike decision, Chair Powell's commitment to the inflation-fighting mission, and stock rallies seen amid the latest rate hikes.
Want to know which stocks Warren Buffett owns? Many investors don't realize that there's another group of stocks Buffett owns in addition to the stocks listed in Berkshire's 13-F documents. New England Asset Management (NEAM) is an investment firm that's a wholly owned subsidiary of Berkshire Hathaway.
Carvana has more than doubled this year, but largely because it cratered in 2022 on fears about the company's financial troubles. You may know Carvana through its ads promoting its high-tech platform for the selling of used cars. You may even live in one of the handful of cities where Carvana has a towering physical presence with its 9-story glass-enclosed vending machines offering shiny secondhand vehicles.
Meta shares soared Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected
FedEx is cutting some employees. It’s a sign FedEx needs get its cost structure inline. The logistics giant said Wednesday it was going to cut 10% of its executive team in an effort to streamline operations.
Right now, the average price for a loaf of bread is, approximately, $1.87. Under a new law proposed by House Republicans, that price would go up to more than $2.50. This would be the result of the Fair Tax Act, … Continue reading → The post Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate appeared first on SmartAsset Blog.