Shares of Phillips 66 (NYSE: PSX) fell more than 5% by 12:30 p.m. ET on Tuesday. Weighing on the refining company's stock price were its lackluster fourth-quarter results. Adjusted pre-tax income from its chemicals segment declined from $135 million in the third quarter to $52 million in the fourth quarter.
Shares of hydrogen fuel cell star Plug Power (NASDAQ: PLUG) jumped 4.7% through 11:45 a.m. ET Tuesday morning after the company secured a long-term supply agreement with British hydrogen technologies company Johnson Matthey (LSE: JMAT). Under the terms of the agreement, Johnson Matthey will supply Plug with components for membrane electrode assemblies and specifically with "catalysts, membranes, and catalyst coated membranes (CCM)" -- essential parts for building fuel cells. Plug says that partnering with Johnson Matthey will "strengthen its supply chain and help meet the growing demand for fuel cells and electrolyzers."
Shares of C3.AI (NYSE: AI) surged Tuesday morning after the artificial intelligence-based software company announced the launch of its new C3 Generative AI Product suite, which includes C3 Generative AI for Enterprise Search. Generative AI describes a form of artificial intelligence that can be used to create content such as code, text, or images, like OpenAI's ChatGPT and DALL-E. C3.AI describes its Generative AI for Enterprise Search as "a transformative user experience using a natural language interface to rapidly locate, retrieve, and present all relevant data across the entire corpus of enterprise's information systems."
Apple's (AAPL) first-quarter fiscal 2023 earnings are likely to have suffered from disruptions at its China partner Foxconn's factory in Zhengzhou, as well as the shrinking demand for iPhone.
The iconic money manager with a penchant for aggressive growth aims to close out January with a bang.
In this article, we discuss 10 hot oil stocks to buy now. If you want to see more stocks in this selection, check out 5 Hot Oil Stocks To Buy Now. According to a Reuters poll on December 30, oil price gains in 2023 could remain capped amid threats to demand growth from a deteriorating […]
"A promise to translate brilliant science to life-altering, life-changing therapies – not at some distant vanishing point in the future," the CEO told investors. "Patients can actually benefit from that science now."
General Motors (NYSE: GM) stepped on the accelerator, and Ford Motor Company (NYSE: F) is going along for the ride. Shares of Ford traded up as much as 5.3% on Tuesday after crosstown rival GM handily beat expectations. On Tuesday, it was news from General Motors that was giving Ford shares a push.
Snap (SNAP) reported its Q4 2022 earnings on Jan. 31, meeting analysts' expectations on revenue and user growth, but clocking a net loss and weak guidance for this year's Q1.
Yahoo Finance Live anchors discuss fourth-quarter earnings for Caterpillar.
Ryan Olohan was told there were "obviously too many white guys" on his management team.
(Bloomberg) -- A blank-check firm affiliated with Bernard Arnault, the world’s richest man, just reached a deal to take a potential challenger to No. 2 billionaire Elon Musk onto the public markets.Most Read from BloombergSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointBrexit Is Costing the UK £100 Billion a Year in Lost OutputTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsPutin’s War in Ukraine Pushes Ex-Soviet States Toward New AlliesWall Street Is
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its fourth-quarter results, including revenues of $2.46 billion, operating ratio ("OR") of 59.8 percent, adjusted OR1 of 59.1 percent, diluted earnings per share ("EPS") of $1.36 and core adjusted diluted EPS1 of $1.14.
Yahoo Finance’s Ines Ferre joins the Live show to discuss Exxon Mobil’s record profit earnings.
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good
A risk-free interest rate is appealing, but these stocks provide even more passive income and potential upside.
In this article, we discuss 10 best February dividend stocks to buy. You can skip our detailed analysis of dividend investment and returns of dividend stocks over the years, and go directly to read 5 Best February Dividend Stocks To Buy. As stock valuations slumped to their lowest levels in 2022, dividend stocks’ performance remained […]
Yahoo Finance’s Anjalee Khemlani joins the Live show to discuss fourth-quarter earnings for Pfizer.
While stocks have rallied this past January, giving a good start to 2023, there’s no doubt that last year was decidedly bearish. A receding tide pulls back all boats, and that complicates the art of successful stock picking. The key to winning in a complicated environment like this is to find stocks that may be down – but are poised for a comeback. With this in mind, we've used the TipRank database to pinpoint two stocks that the analysts believe, in their words, are 'oversold' and are primed fo
AT&T (NYSE: T) posted its fourth-quarter earnings report on Jan. 25. The telecom giant's revenue from continuing operations rose 1% year over year to $31.3 billion, but missed analysts' expectations by $70 million.