Year-end rally? Bullish stock-market pattern set to collide with stagflation fears
The prospect of stagflation, or the worst-of-all-possible economic outcomes, is poised to weigh on investors even if U.S. stocks rally into year-end.
The prospect of stagflation, or the worst-of-all-possible economic outcomes, is poised to weigh on investors even if U.S. stocks rally into year-end.
Yahoo Finance Live looks to Amazon shares following the tech giant's latest earnings report.
Apple's iPhone sales fell short of analysts' expectations in Q1.
Yahoo Finance's Pras Subramanian breaks down Ford earnings.
Amazon shares slide lower in the after-hours trading session despite following a Q4 revenue beat and earnings miss.
Shares of apparel company Hanesbrands (NYSE: HBI) dropped like a rock on Thursday after the company provided lackluster financial guidance and announced some substantial pivots to management's priorities. As of 11:40 a.m. ET, Hanesbrands stock was down 23% -- particularly painful, considering the market is soaring today. On one hand, fourth-quarter revenue of $1.47 billion beat guidance from Hanesbrands' management.
JMP Securities, a Citizens Company, Equity Research Analyst Nick Jones sits down with Yahoo Finance Live to dissect Amazon's latest earnings report and unit sales in the greater tech environment.
Two major automakers want to put more fuel cell vehicles on the road -- and Plug Power investors took note.
Amazon reported its Q4 2022 earnings on Feb. 2.
There's more evidence now favoring medical marijuana legalization. But medical marijuana is already legal in most states.
Yahoo Finance's Ines Ferré breaks down Qualcomm earnings, which beat on the bottom line but missed on the top line.
Leading iBuyer Opendoor (NASDAQ: OPEN) was having an excellent day on Thursday. As of 3 p.m. EST, the real estate disruptor's stock had risen by 14% for the day and has now more than tripled from its 52-week low in just over a month. There isn't any company-specific news driving the news higher, but there has been a surge in optimism for the real estate market in general.
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced its financial results for the second quarter and year ended December 31, 2022.
Higher oil price is likely to have aided BP's Q4 earnings.
Shares of Fiverr (NYSE: FVRR) were surging 16.1% higher at 11:33 a.m. ET on Thursday on no apparent company-specific news for the gig economy stock. After closing lower on Monday, Fiverr has rocketed to a better than 31% gain this week, with today's action being the best so far. The market hasn't treated Fiverr very kindly since the economy reopened following the pandemic lockdowns, even though its business remains healthy otherwise.
In this market, the last thing investors have been rewarding this earnings season is a bottom-line miss vs. expectations of any magnitude. Except if you are Meta.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Shares of Amazon (NASDAQ: AMZN) were moving higher today, even though there was no major news out on the tech giant. With Amazon's earnings report due out after the market closes today, investors are hoping it can benefit from similar tailwinds. As of 12:11 p.m. ET, Amazon stock was up 6.2%, while Meta stock was up nearly 25%.
For the third day in a row, Tesla (NASDAQ: TSLA) stock is riding higher -- up 4.3% as of 10:10 a.m. ET. The Federal Reserve's decision to raise interest rates only 25 basis points yesterday is probably part of the reason for that -- indeed, growth stocks in general seem happy to run today, with the entire Nasdaq up nearly 2%. Tesla's plan to cut the prices of its electric cars, you see -- not just in the U.S., but in China as well -- is having its intended effect of stoking consumer demand.
Following the company's previous earnings release, Cramer apologized to his audience, saying that his trust in Meta's management team was "ill-advised" and that his bullish hubris was "extraordinary, and I apologize."
I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.