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Emerging Tesla rival Xpeng reported an in-line Q1 loss while revenue slightly topped. But revenue guidance disappointed.
The tech billionaire keeps plowing millions into this asset class.
He also predicts a ‘more significant pullback’ if this one thing happens.
Yahoo Finance Live anchors discuss Mark Zuckerberg's economic warning to Meta employees, the average monthly care payment crossing the $700 mark, and AMC announcing $5 Tuesdays through the end of October.
Kate Hudson's snap garnered plenty of positive reactions from stars including Selma Blair and Janelle Monae
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
For high-growth, profit-less growth stocks, bad news on the economy could be good news for their shares.
Shares of Ford (NYSE: F) were falling today after the company reported second-quarter vehicle-sales results. While vehicle sales increased 1.8% over the period to 483,688, they fell far short of analysts' average estimate for an increase of 4.2% from the year-ago quarter. Ford filed its latest vehicle-delivery figures with the SEC today, and the company reported a 31.5% increase for its June deliveries, year over year.
(Bloomberg) -- Bridgewater Associates posted a 32% return for its flagship hedge fund through the first half of 2022 as it benefited from increased market volatility, according to a person familiar with the performance.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyCiti Says Oil May Collapse to $65 by the Year-End on Recess
Despite West Texas intermediate crude oil futures dipping below $100 per barrel on Tuesday, serious gas price relief may be unlikely happen until motorists make adjustments by driving less.
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
(Bloomberg) -- The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk of the world’s chips, expanding its campaign to curb the country’s rise, according to people familiar with the matter. Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyCiti Says
Exxon Mobil is pulling back from its recent zenith. In this daily bar chart of XOM, below, we can see prices have pulled back around $20 from its early June peak. Prices are so far holding the $85 area but prices are trading below the 50-day moving average line.
The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary da
It's possible to get on a cruise ship and put your phone away to simply tune reality out for a few days. Many people who board a cruise ship opt to pay for an internet package for a variety of reasons.
Over $300,000 was raised for a Burger King employee who never missed work in 27 years and got a backpack, a movie ticket, and a Starbucks cup as a gift.
The economy is rocky, but high-net-worth individuals aren't worried.
Julie Biel, Portfolio Manager at Kayne Anderson Rudnick, joins Yahoo Finance Live to discuss how to forecast economic outlooks after downturns in retailers, travel demands, and defensively investing into the health care space.
The European Medicine Agency's Committee for Medicinal Products for Human Use (CHMP) recently adopted a positive opinion that recommended the approval of AbbVie's (NYSE: ABBV) Rinvoq for what would be its fifth indication in that market. This would be to treat patients with moderate-to-severe ulcerative colitis who had an inadequate response to conventional therapies or biologic agents. A decision for Rinvoq as a treatment for moderate-to-severe ulcerative colitis patients from the European Commission is expected in the third quarter of this year.
Shares of video game platform provider Roblox (NYSE: RBLX) were up 9.75% in June, according to data provided by S&P Global Market Intelligence. Early in June, multiple analysts were lowering price targets for Roblox stock. For example, Goldman Sachs analyst Eric Sheridan recommended selling Roblox stock on June 9, simultaneously lowering the firm's price target from $39 to $28 per share, according to The Fly.
In this piece we will take a look at the fifteen best utility stocks to invest in. If you want to skip our introduction and jump straight ahead to the top five stocks in this list, then head on over to the 5 Best Utility Stocks To Invest In. The ongoing worrisome state of the […]
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