Trading of shares in Suncity Group was suspended after the chairman was questioned over allegations of illegal gambling operations.
The stock market was having a generally strong day on Friday, with all three major averages in the green, led by the tech-heavy Nasdaq. There are a couple of reasons Affirm is such an outperformer today. Analyst Christopher Brendler said in his note that the sell-off in Affirm has greatly improved the risk/reward dynamics of the stock.
Citi Managing Director in Equity Research Jim Suva joins Yahoo Finance to discuss the outlook for Apple after it reported record-breaking earnings.
Yahoo Finance's Julie Hyman and Brian Sozzi discuss the market open, why Chevron shares are down, and Caterpillar warning of rising costs in its earnings call.
Shares of Advanced Micro Devices (NASDAQ: AMD) were trading down 12.8% week to date as of 11:51 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. The highlight was China giving conditional approval to AMD's $35 billion deal to buy Xilinx (NASDAQ: XLNX) on Thursday. The addition of Xilinx is an important growth catalyst for AMD.
Shares of Chevron (NYSE: CVX) had fallen about 5% by 10:30 a.m. ET on Friday, erasing more than $5 billion of market value. The culprit was the oil giant's fourth-quarter results, which fell short of expectations.
Jim Cramer has never been shy to use buzzers and bells to make the occasionally esoteric world of finance more interesting.
Shares of Plug Power (NASDAQ: PLUG) are getting hit hard with sell-offs recently. The hydrogen technology company's stock was down roughly 12.4% since last week's market close as of 1:45 p.m. ET Friday, according to data from S&P Global Market Intelligence. There doesn't appear to be any fresh, company-specific news sending the hydrogen technologies specialist's shares lower this week, but it's not surprising to see the stock down double-digits at a time when investors have a mounting collection of risk factors to consider.
Shares of Roblox (NYSE: RBLX) have tumbled 15% from where they finished trading last week as of 1 p.m. ET today, according to data from S&P Global Market Intelligence, on no news specific to the game company. The stock indexes also approaching correction levels earlier in the week on fears of interest rate hikes and economic decline likely also contributed to the downward trajectory of Roblox's stock. Interest in Roblox is still being driven by the potential it has for being a metaverse winner.
Just as a good tv series always leaves you with a cliffhanger, 3M (NYSE: MMM) earnings report left investors wondering just where the company might be heading in 2022. Full-year organic sales growth came in at 8.8% compared to the guidance range of 8% to 9% given in October, and after management told investors in early December that sales growth for the fourth quarter would come in toward the low end of implied guidance. CFO Monish Patolawala said respirator revenue came in $40 million better than expected in the quarter, but the increase is worth less than 0.5% of fourth-quarter 2020 sales.
It's not something investors like to think about, but stock market crashes and corrections are a normal part of the investing cycle and the price long-term investors pay for admission to one of the world's greatest wealth creators. The tech-heavy Nasdaq Composite has entered correction territory, while the benchmark S&P 500 is contending with its worst slide in more than a year. While stock market corrections can be unnerving, they're also, historically, the perfect time to put money to work in the market -- especially if your average holding period is measured in years.
QuantumScape CEO Jagdeep Singh joins Yahoo Finance Live to discuss the company's partnership with Fluence Energy and the outlook for battery development.
"Dampening" reservations means analyst predictions of a return to profits this year could be all wet.
In this article, we discuss the 15 best dividend stocks for retirement. You can skip our detailed and historical analysis of the dividend stocks and go directly to read Early Retirement Portfolio: 5 Stocks to Live Off Dividends. Early retirement is becoming a global phenomenon, widely stimulated by the Covid-19 pandemic. According to a report […]
To put this question another way: What year’s U.S. retirees had the greatest difficulty sustaining their retirement standard of living, relative to any other year’s retirees of the last two centuries? If you’re like almost everyone else, your first guess is the summer of 1929, just prior to that year’s stock market crash. Close runners up include early 2000, just prior to the bursting of the Internet bubble, 1987 prior to that year’s stock market crash, or October 2007 before the Great Financial Crisis.
It's recently been caught up in multiple negative headlines, but has the business itself been affected?
BA.2 Omicron subvariant is appearing in Europe and Asia. Yahoo Finance's Anjalee Khemlani explains everything we know about this coronavirus strain so far.
Stocks traded mixed Friday morning as investors took in earnings results from some major tech companies and another hot print on inflation at the end of another volatile week.
This past month has seen the bears come out, as the market has entered a correction. The NASDAQ is down 13% since the start of 2022, a loss that has actually erased its 12-month gain. The S&P 500 hasn’t dipped quite that far yet, but is still down 8% year-to-date. The drop has had investors questioning whether or not the previous year’s sustained bull run has ended. Looking at the macro situation from Oppenheimer, chief investment strategist John Stoltzfus would advise investors not to turn pess
In this article, we discuss Jim Cramer’s top 10 stock picks for 2022. If you want to skip our detailed analysis of these stocks, go directly to Jim Cramer’s Top 5 Stock Picks for 2022. The beginning of 2022 has not been kind to the stock market. Major indices are down, inflation is up, and […]
After hitting new all-time highs late in 2021, the S&P 500 and Nasdaq Composite have corrected by 10.6% and 17.8%, respectively, from their peaks. Much of the cause of these drops relates to growing investor fear that we could be heading for a full market crash. For one thing, market crashes allow long-term investors to benefit by investing in great companies at more reasonable price points.