Sell 300 Nvidia shares at $172.25 leaving 310 NVDA shares in the portfolio, roughly 1.5% of its assets. Buy 1,130 shares of the ProShares Short QQQ ETF at or near $12.75. While that dollar strength is great for Americans traveling abroad, it makes U.S. good incrementally less competitive at a time when consumers and businesses are increasingly sensitive when it comes to spending.
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
Tesla shares are on the move higher as Barclays sees bullish signs for the EV-maker’s first quarter performance. Ina note this morning, analyst Dan Levy projects Tesla delivering 425K vehicles globally in Q1, beating what Barclays sees as consensus estimates of 420K vehicles - and that beat could be a another catalyst for the stock. Levy also sees some upside to production as well, writing “we believe commentary on the pace of production likely implies some upside, which we assume will be ~430k units in the quarter.”
On March 27, 2023, Lumen Technologies, Inc (NYSE: LUMN) reported it faced two cybersecurity incidents. Last week Lumen discovered that a malicious intruder had inserted criminal ransomware into a limited number of its servers that support a segmented hosting service, degrading the operations of a small number of its enterprise customers. Lumen's recent implementation of enhanced security software has led to its discovery that a separate sophisticated intruder accessed a limited number of its int
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsFirst Citizens to Buy SVB After Biggest Failure Since 2008Stocks Rise as Banks Sigh in Relief; Bonds Retreat: Markets WrapThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate
An email from Meta CEO Mark Zuckerberg reveals his anger at a leak from a staffer. It was posted to Twitter by Internal Tech Emails (@TechEmails) on March 19. The leaked information involved a 2010 company Q&A in which Zuckerberg discussed a new initiative Facebook was working on.
Read this before you trade in your gas guzzler.
Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a
U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age.
Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.
BlackBerry's (BB) fourth-quarter fiscal 2023 revenues are likely to have affected by lower revenues from Cybersecurity business segment.
A newly fired Fox News producer is seeking to recant testimony she said network lawyers coerced her into providing as Fox defends against Dominion Voting Systems' $1.6 billion defamation lawsuit. Abby Grossberg said Fox's lawyers left her feeling she "had to do everything possible to avoid becoming the 'star witness' for Dominion or else I would be seriously jeopardizing my career at Fox News." The former producer for Maria Bartiromo's Sunday morning show and later Tucker Carlson's prime-time show made the accusation as she filed amended lawsuits in Manhattan federal court and Delaware Superior Court accusing Fox of discrimination, retaliation, sexism and misogyny.
Germany’s Merck KGaA (OTC: MKGAF) (OTC: MKKGY) has regained exclusive worldwide rights to develop, manufacture, and commercialize its checkpoint blocker Bavencio (avelumab) from Pfizer Inc (NYSE: PFE). The news comes just a few weeks after Pfizer announced plans to buy antibody-drug conjugate (ADC) company Seagen Inc (NASDAQ: SGEN) at $43 billion. Pfizer will exit its global partnership with Merck KGaA over the PD-L1 MAb on 30 June, handing over all future clinical work and commercialization and
The fourth and final season of the hit dark-comedy series Succession kicked off with the perfect backdrop to Roy family scheming: a sprawling clifftop property in the Pacific Palisades, Los Angeles.
To use, or not to use, Bard? The recently rolled-out bot dubbed Bard is the internet search giant's answer to the ChatGPT tool that Microsoft has been melding into its Bing search engine and other software. During several hours of interaction, the AP learned Bard is quite forthcoming about its unreliability and other shortcomings, including its potential for mischief in next year’s U.S. presidential election.
(Bloomberg) -- Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008Binance and Its CEO Sued by CFTC Over US Regulatory ViolationsStocks Pare Gains on Tech Weakness; Bonds Retreat: Markets WrapAmmar Al Khudairy, the chairman of Credit Suisse Group AG’s largest shareholder, has resigned just days after his comments helped trigger a slump in the stock and bonds that prompted the Swiss government to step in and
Walgreens Boots' (WBA) comparable pharmacy sales decline reflects lower demand for COVID-19 services.
These names offer investors sustainable dividend yields of 5%+ alongside attractive share price upside potential.
To get a deal done, government regulators agreed to a series of concessions.
Yahoo Finance 
Yahoo Finance Plus