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PSA earnings call for the period ending September 30, 2021.
The tech-heavy Nasdaq took off like a rocket this morning, and took semiconductor stock Nvidia (NASDAQ: NVDA) along for the ride. Just after noon ET, however, the rally started to sputter, and by the time trading for the day was done, not only had the Nasdaq given up all its gains, but Nvidia stock closed down 3.7% for the day. In the case of the Nasdaq as a whole, I fear that investors may have jumped the gun, presuming that after the Nasdaq met the definition for a stock market correction (down 10% from its high), the light would turn green for tech stocks to resume marching higher again.
Yahoo Finance's Jared Blikre details Netflix's stock drop-off at the market's close amid its earnings reports showing misses on subscriber and growth estimates.
Santosh Rao, Head of Research at Manhattan Venture Partners, joins Yahoo Finance Live to discuss Netflix's fourth quarter earnings, the need to gain more subscribers, and competition in the streaming space.
The surface of the S&P 500 makes markets look calm. But look down just one layer, and you see some serious pain.
World Economic Forum President Borge Brende joins Yahoo Finance to talk about global themes including polarization, U.S.-China relations, and net zero carbon emissions.
Charles Schwab Chief Global Investment Strategist Jeffrey Kleintop joins Yahoo Finance Live to discuss the outlook for the stock market.
CFA and owner of Portia Capital Management Michelle Connell joins Yahoo Finance Live to discuss Big Tech, energy and financial sector fund data, commodity futures, and Fed policy makers expecting three interest rate hikes in 2022.
(Bloomberg) -- Most Read from BloombergEarly Omicron Breakthroughs Show mRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omicron and Others Don’tLate Rout in Tech Sends Nasdaq 100 Into Correction: Markets WrapThailand to Resume Quarantine-Free Tourism as Covid EasesBiden Expects Russia to ‘Move In’ on Ukraine; Warns of SanctionsJeremy Grantham, the famed investor who for decades has been calling market bubbles, said the historic collapse in stocks he predicted a year ago is underway and
The yield-sensitive Nasdaq Composite Index on Wednesday logs its first close in correction territory since March. Here's what history says happens next.
Though crashes and corrections are inevitable, they're also an ideal opportunity to buy great stocks at a discount.
Green energy stocks are among today's bigger winners, with fuel cell leaders Plug Power (NASDAQ: PLUG) and Bloom Energy (NYSE: BE) gaining 8.6% and 6%, respectively. Also moving higher is solar panel microinverter maker Enphase Energy (NASDAQ: ENPH), scoring a 5.1% gain as of 10:10 a.m. ET. This morning, you can't throw a rock on Wall Street without hitting one banker or another that is cutting price targets on renewable energy stocks.
Another early bounce ended with a sharp market reversal. Wait for this signal before rushing in. Netflix dived late on subscriber guidance.
Yahoo Finance's Emily McCormick and Adam Shapiro discuss how revenues for airlines are declining amid the surge in Omicron cases, Peloton shares are falling today, and Luminar stock is rising on reports of a self-driving deal with Mercedes-Benz.
Rivian investment gains to increase Ford's book value
(Bloomberg) -- Farm equipment giant John Deere boasted record profits in 2021 as the global pandemic made consumers and countries more reliant than ever on a functioning agricultural sector. Also last year, unionized workers demanded a piece of the company’s growing pie, and after a strike forced John Deere to provide better compensation to the men and women who make its products.Most Read from BloombergEarly Omicron Breakthroughs Show mRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omi
A Bank of America analyst cut his price target on the stock in half on Wednesday, but hope springs eternal.
Select analysts and investment banks see "high" return potential for these cannabis stocks.
Affirm and its "buy now, pay later" rivals allow consumers to pay for items in scheduled instalments, instead of using a traditional credit card. Credit card companies like Mastercard and Visa make money by charging their customers compounding interest and late fees. For 0% financing, Affirm makes money by charging merchants fees to use its services; those shops pay up in hopes that Affirm's flexible payment options will encourage customers to buy from them.
Shares of TaskUs (NASDAQ: TASK) fell sharply on Thursday after the release of what's known as a short report. Spruce Point Capital Management believes TaskUs stock has 25% to 50% downside. Putting their money where their mouth is, Spruce Point Capital is short shares of TaskUs, meaning it will profit if the stock goes down.
Paysafe (NYSE: PSFE) shareholders beat the market on Thursday morning as shares rose 12% by 11 a.m. ET compared to a 1.1% increase in the wider market. It helped that the broader market jumped, but Paysafe also benefited from improving sentiment from Wall Street pros. An analyst at the Wall Street firm Cowen upgraded the digital gambling and payments processing stock and issued an aggressive short-term outlook that sees the stock nearly doubling over the next year.