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Big market declines are the perfect opportunity for long-term investors to put their capital to work.
Yahoo Finance's Emily McCormick breaks down the key numbers from Pinterest's Q2 earnings report.
Richard Flynn warned that 'naive' investors were at risk of 'life changing' losses because they did not understand risk management.
Prosecutors said the prototypes didn’t function and were Frankenstein monsters cobbled together from parts from other vehicles.
Amazon.com Inc. sales growth slowed down in the second quarter of the year as bricks-and-mortar stores reopened across the U.S., sending shares south in after-hours trading Thursday.
Chester Spatt, Carnegie Mellon’s Tepper School of Business Pamela R. and Kenneth B. Dunn Professor of Finance, joined Yahoo Finance Live to break down what investors can expect from Robinhood moving forward following the company's IPO.
Shares of Citrix Systems (NASDAQ: CTXS) plummeted 14.3% through 1:15 p.m. EDT today, after the software-as-a-service (SaaS) provider announced what even it called "mixed" results in its fiscal Q2 2021 financial report. On the one hand, Citrix beat earnings with a report of $1.24 per share (pro forma) earned, where Wall Street had been looking for only $1.19. Citrix's $1.24-per-share pro forma profit vastly overstated the company's profits as calculated according to generally accepted accounting principles (GAAP), which amounted to only $0.50 per share, a year-over-year decline of 44%.
Shares of Tellurian (NASDAQ: TELL) surged more than 12% in afternoon trading today, before closing up about 9%, only to surge again in after-hours trading. The big news was about as important as it gets for the company: It announced a 10-year contract with Royal Dutch Shell (NYSE: RDS.A)(NYSE: RDS.B) for 3 million metric tons of liquefied natural gas per year. What makes this particular deal so important is that it fills up essentially all of the capacity Tellurian expects to get from the first two plants at its long-anticipated Driftwood LNG facility.
(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.It dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qual
Amazon and Pinterest were big earnings losers late, hurting techs. Earlier, the S&P 500 hit a high as Tesla and many other stocks flashed buy signals.
Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Weibo, Sohu, Nio, BYD Co. and Li Auto. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity.
Shares of iron ore mining company and steelmaker Cleveland-Cliffs (NYSE: CLF) closed 5.5% higher on Thursday, buoyed by news that it has bought back from ArcelorMittal (NYSE: MT) all of its Series B Participating Redeemable Preferred Stock. Management described the buyback as "a no-brainer," saying it was "highly accretive" for Cleveland-Cliffs shareholders, in that it will concentrate profits among fewer shares outstanding, shrinking the company's diluted share count by 10% "on a pro forma basis." Now, because Cleveland-Cliffs just finished reporting second-quarter earnings last week, it will be another several months before shareholders see the benefit of this transaction in dollars and cents.
Scott Smith, Cerulli Associates Director of Advice Relationships, joins Yahoo Finance to break down Robinhood’s IPO and its influence on young traders.
The bank posted a pre-tax profit of £2.5bn for the six months to June, up from a loss of £770m in the previous year.
STOCK ALERT (TSLA) stock jumped Thursday. It’s hard to find just one reason why. But it isn’t hard to find three or four. Shares of Tesla (ticker: TSLA) closed up 4.7%, at $677.35. The and both finished the day up 0.
(Bloomberg) -- The founder of Hong Kong’s Brilliance Asset Management Ltd. said he made a mistake in underestimating the impact of Beijing’s reforms in the education sector, but struck an optimistic note about two players in an industry many are writing off.Shi Lin’s Brilliance has invested in the sector, which saw its fortunes plummet after China unexpectedly banned certain after-school tutoring companies from making profits, going public and hosting classes on weekends and holidays. Shares of
(Bloomberg) -- Cathie Wood may have been touting Roku Inc. as one of her top picks just two weeks ago, but her firm has been trimming its holdings in the video-streaming company all month.Ark Investment Management sold another 47,200 shares on Wednesday, bringing the total divestment since June 30 to about 520,000, according to Bloomberg calculations.At Wednesday’s closing price, it’s a stake worth a cool $243 million.Shares in the streaming service have rallied as much as 69% from this year’s l
These are the top dividend stocks in the Russell 1000 with the highest forward dividend yield for August.
There's little question that Nvidia (NASDAQ: NVDA) has been one of the market's star performers in recent years. Over the past three years alone, Nvidia stock has more than tripled -- and that isn't just a recent phenomenon. The stock has grown so quickly in recent years, Nvidia felt compelled to split its shares.
While the first space race was between the US and the Soviets, the second one is fought within the US. Virgin Galactic Holdings, Inc.(NYSE:SPCE) is a prominent competitor in the commercial spaceflight race. Earlier this month, the founder Richard Branson officially made it to space, announcing regular space tourism trips to start in 2022.
Anyone involved in the investing game will know it’s all about “stock picking.” Choosing the right stock to put your money behind is vital to ensure strong returns on an investment. Therefore, when the Wall Street pros consider a name to be a “Top Pick,” investors should take note. Using the TipRanks platform, we’ve looked up details on three stocks that have recently gotten ‘Top Pick’ designation from some of the Street’s analysts. So, let’s dive into the details and find out what makes them so