Most stocks slumped heading into the close aside from the cannabis sector, which surged on news of President Biden pardoning all prior federal offenses for simple marijuana possession.
Yahoo Finance Live's Jared Blikre breaks down Mizuho's price target cuts on EV competitors Tesla and Nio.
It works out to $93K per person.
The move comes amid growing pushback on the program.
Yahoo Finance Live anchor Seana Smith looks at several stocks trending in the after-hours trading session.
Elon Musk's recently released text messages with fellow billionaires, family members, investors, Twitter executives, and others can provide clues into how he aims to transform his new company.
In this article, we discuss 15 best short squeeze stocks to buy now. If you want to see more stocks like these, check out 5 Best Short Squeeze Stocks to Buy Now. In 2021, retail trading activity resulted in an unparalleled short squeeze that led major capital market players to lose billions of dollars. In […]
Costco offers a very simple proposition to its members. Basically, Costco offers no frills -- its stores aren't just called warehouses, they actually are warehouses -- and items are basically just stacked on pallets. Costco also puts relentless pressure on its vendors to squeeze out every penny of cost from each item.
The company cites a weaker-than-expected PC market and “significant inventory correction actions across the PC supply chain.”
Oil prices have been all over the place this year. WTI, the primary U.S. oil price benchmark, started 2022 at around $75 a barrel before rocketing over $120 a barrel following Russia's invasion of Ukraine. The move could keep a floor under crude prices and potentially push them higher depending on demand and other supplies.
(Bloomberg) -- Advanced Micro Devices Inc.’s preliminary third-quarter sales missed projections by more than $1 billion, adding to concerns about the sputtering market for personal-computer chips and sending its shares sliding in late trading.Most Read from BloombergNord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.Kremlin Lets State Media Tell Some Truths About Putin’s Stalling WarSecretive Chip Startup Ma
Shares of Agenus (NASDAQ: AGEN), a clinical-stage biopharmaceutical company that specializes in immuno-oncology, saw its shares jump 18.4% on Thursday. First, the company on Wednesday said it planned to present data on botensilimab, a therapy that is being studied for its effectiveness as a combination drug or a monotherapy to active T-cell immune responses in patients who have pancreatic cancer, colorectal cancer, or melanoma, a type of skin cancer. Another move that helped push up the stock was the announcement of inside buying of Agenus stock by some members of the company's board of directors on Wednesday, including Susan Hirsch, Wadih Jordan, Ulf Wiinberg, and Timothy Wright, totaling more than 30,000 Agenus shares.
Lumen (LUMN) closes the sale of ILEC business in 20 states to Brightspeed.
Yahoo Finance Live checks out cannabis stocks following headlines that President BIden will pardon all prior offenses of marijuana possession.
While the SPDR S&P Healthcare ETF is down 10% year to date, the SPDR S&P Biotech ETF has plummeted 29%. Investors should always keep the long-term potential of businesses in mind when investing in the stock market. Sunosi, purchased from Jazz Pharmaceuticals in May, has been Axsome's blockbuster drug.
“If you buy at the (inflation) peak, you do pretty darn well over the next 12 months,” says investment strategist Jim Paulsen.
(Bloomberg) -- Talks between Elon Musk and Twitter Inc. to reach a resolution of the $44 billion takeover are stuck in part over Musk’s statement that his offer is now contingent on receiving $13 billion in debt financing, according to people familiar with the matter.Most Read from BloombergNord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.Kremlin Lets State Media Tell Some Truths About Putin’s Stalling War
With inflation recently soaring over 8%, many income investors would love to acquire dividend stocks that pay out more than 9% annually. But are high-yielding real estate investment trusts (REITs) also good stocks to own? Many are sharply off their 52-week highs. Are dividend cuts in their future? Here are three monthly dividend-paying REITs with over 9% yields to consider: Medical Properties Trust Inc. (NYSE: MPW) is a Birmingham, Alabama-based healthcare REIT that owns and operates 438 propert
(Bloomberg) -- Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.Nord Stream Leaks Caused by Detonations in Sign of SabotageSecretive Chip Startup May Help Huawei Circumvent US SanctionsKremlin Lets State Media Tell Some Truths About Putin’s Stalling WarStocks Slide for Second Day Ahead of Jobs Report: Markets WrapSaudi Arabia kept oil prices for its main
Warren Buffett has been making a bold bet on oil prices over the past year. While oil prices have cooled off on fears that we're about to enter a global recession, that slump has reversed recently thanks to OPEC.