Investors looking for a guiding hand to steer them safely through the current hazardous stock market landscape could do worse than listen to what billionaire Ken Fisher has to say. The Fisher Investments founder famously started his independent money management firm with $250 in 1979, a company that is now a $197-plus billion going concern, while Fisher’s own net worth stands north of $5 billion. So, for those getting restless from 2022’s unrelenting bear, Fisher has some very simple advice: "Th
Thanksgiving weekend is over, and investors are back to work in earnest. Overall, markets looked poised on Monday morning to give back some of their recent gains, with many commentators attributing declines of around 0.5% to 0.75% in stock index futures to concerns about Chinese protests over the government's ongoing zero-COVID policy. Many investors were pleased with how the holiday shopping season kicked off over Thanksgiving weekend, though, and that helped contribute to solid gains in a pair of stocks.
Financial services are one of the world's largest industries, worth trillions of dollars. Financial technology companies like SoFi Technologies (NASDAQ: SOFI) are trying to do things differently and, as a result, are nipping at the heels of traditional banks. Here is why SoFi's stock could shine like a diamond in 2023.
The abrupt and rapid collapse of the FTX cryptocurrency exchange has caused a shock in the crypto space. The fall, in a few days, of a company valued at $32 billion in February, ended up casting suspicion on the entire young industry of financial services, based on the Blockchain technology. Retail investors have fled, while institutional investors, linked to FTX and its sister company Alameda Research, are still determining their losses from their exposure to Sam Bankman-Fried's empire.
Until September, there was little reason to expect that the new treatment, called lecanemab, would work.
The FDA said Monday it will perform a speedy review of Sarepta Therapeutics' muscular dystrophy gene therapy, and SRPT stock jumped.
(Bloomberg) -- The warnings keep getting louder: the world is hurtling toward a desperate shortage of copper. Humans are more dependent than ever on a metal we’ve used for 10,000 years; new deposits are drying up, and the type of breakthrough technologies that transformed other commodities have failed to materialize for copper.Most Read from BloombergNext Covid-19 Strain May be More Dangerous, Lab Study ShowsUkraine’s Victories May Become a Problem for the USKey Trump 2024 Rivals Silent After Hi
It's been challenging to hold Alibaba's (NYSE: BABA)stock over the last two years as it lost more than 70% of its market value. As the stock price fell, investors questioned whether Alibaba had reached its prime and was bound to decline further. While it's still early, Alibaba's latest earnings result justifies my earlier decision.
Today, at AWS re:Invent 2022, BlackBerry Limited (NYSE: BB; TSX: BB) announced an extension of its use of Amazon Web Services (AWS) that will make BlackBerry® QNX® technology available to mission-critical embedded systems developers for the first time ever in the cloud, significantly reducing time to market for their products.
There's a very good reason everyone from Wall Street professionals to retail investors closely eye billionaire Warren Buffett's buying and selling activity. Since he took over as Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO in 1965, he's outpaced the aggregate return of the S&P 500, including dividends paid, by a factor of 120! While not infallible, the Oracle of Omaha has demonstrated a penchant for running circles around the broad market indexes.
As a recession approaches, more Americans are financially falling behind.
While Merck & Co., Inc. ( NYSE:MRK ) shareholders have had a good week with the stock up 3.1%, they shouldn't let their...
Axsome Therapeutics said its Alzheimer's treatment met the goals of a Phase 3 study, sending AXSM stock into the stratosphere.
With that in mind, investors should consider adding Upstart Holdings (NASDAQ: UPST) and Riskified (NYSE: RSKD) to their portfolios. Banks rely heavily on FICO scores when making lending decisions, but those three-digit credit scores are based on a relatively limited number of variables. Its lending platform uses artificial intelligence (AI) to measure more than 1,500 data points per borrower -- about 100-fold more than traditional credit models -- to help lenders quantify risk more precisely.
Yahoo Finance's Brad Smith breaks down how retail stocks are moving at the open.
Today we will run through one way of estimating the intrinsic value of Plug Power Inc. ( NASDAQ:PLUG ) by estimating...
It's safe to say that 2022 won't go down as the year of growth stocks. Not only did they substantially underperform the broader market, but several developments, such as interest rate hikes, could continue to affect this category of equities.
Yahoo Finance Live anchors discuss rumors that Amwell is considering buying Talkspace.
Most readers would already know that Pfizer's (NYSE:PFE) stock increased by 6.4% over the past three months. We wonder...
You can fund a health savings account (HSA) to pay medical expenses by rolling over money from your IRA tax-free.