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Let's see why the rally can keep going for oil and natural gas and look at that striking Diamondback Energy buyback.
Shares of fintech giant Square (NYSE: SQ) had fallen by more than 4% as of 11:27 a.m. EDT Friday after an analyst at Jefferies said they expect the company to miss earnings estimates in its upcoming quarterly report. When companies report earnings below the consensus estimate, their shares often decline in the short term, although post-report price moves are also dependent on lots of other factors including management's guidance and overall outlook. Further, while Jefferies expects Square to miss on earnings, the company also initiated coverage on Square earlier this month with a $300 price target.
Chaos struck the social-media sector Friday morning, with shares of Pinterest (NYSE: PINS) stock sliding 3.4%, Facebook (NASDAQ: FB) falling 5.5%, and Snap (NYSE: SNAP) collapsing 23% through 10:15 a.m. EDT. You won't be surprised to learn that it's the hardest hit of these three -- Snap -- that's the cause of the collapse. Last night after close of trading, Snap reported its Q3 2021 financial results.
Yahoo Finance’s Julie Hyman, Brian Cheung, and Brian Sozzi break down Intel’s latest earnings report.
What happened Shares of IBM (NYSE: IBM) fell 9.5% on Thursday after the global technology company's third-quarter results came up short of investors' expectations. So what IBM's revenue inched up 0.
it took Twitter more than a decade to turn a profit. Can Trump's new social-media platform do better?
Snapchat parent Snap was smacked in early trading Friday, falling more than 20% on news that Apple's privacy changes were hurting advertising.
Roku, if you did not know, is the company whose devices are small streaming boxes or streaming sticks that connect to your television. In the daily bar chart of ROKU, below, we see an interesting picture.
Yahoo Finance’s Daniel Howley breaks down the details of Trump’s social media platform.
The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 30th. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
The company's experimental anti-PD1 drug hit a wall.
In this article, we discuss the 10 stocks to consider in the portfolio of Nancy Pelosi. If you want to skip our detailed analysis of these stocks, go directly to Nancy Pelosi Stock Portfolio: 5 Stocks To Consider. Former United States President Barack Obama had signed into law the Stop Trading on Congressional Knowledge (STOCK) […]
Novavax (NASDAQ: NVAX) started the coronavirus vaccine race as a favorite. Manufacturing issues have delayed Novavax's submission for emergency authorization in the U.S. and other countries. A news report suggested Novavax's delays may not be over.
Yahoo Finance’s Julie Hyman, Brian Cheung, Brian Sozzi, and Dan Howley discuss Snap’s latest earnings report, and how its impacting other tech stocks.
The company's experimental dry-eye treatment produced some disappointing clinical trial results.
Raising tax rates on corporations and high-income households is a key part of Democrats’ plan to pay for their proposed multi-trillion-dollar social spending plan, but opposition to that approach from Sen. Kyrsten Sinema of Arizona has sent lawmakers scrambling to find alternative ways to offset costs. Given Sinema’s resistance, there’s a growing chance that the corporate income tax rate could remain untouched in the Democratic budget bill. Even the compromise rate of 25% reportedly preferred by
Enovix investors will be happy to hear that their stock was the only one of the three to also be "in the green" for Thursday, in particular, tacking on 1.6%. In the case of FuelCell, the fuel-cell industry's eponymous star owed its gains primarily to bullish pronouncements from one of its rivals, Plug Power, which announced last week that hydrogen fuel cells are getting so popular that it expects to record as much as $850 million in sales next year -- and more than triple that number by 2025. Investors are betting that what's good news for Plug will be good news for FuelCell, as well, which, at $3.1 billion in market capitalization, is far smaller than Plug and therefore has more room to grow.
If you owned a $1,000 stake in Berkshire Hathaway when Warren Buffett became the company's CEO more than a half-century ago and held on to your position, you would now own stock worth roughly $22.6 million. While matching that kind of incredible performance over the next 50-plus years is likely out of reach due to the investment conglomerate's already massive size, the company's performance under Buffett's tenure should make it clear why the famous investor is sometimes referred to as the Oracle of Omaha. Berkshire Hathaway's investment portfolio continues to reflect Buffett's focus on high-quality companies that are built to perform over the long term, and it's little wonder that investors around the world continue to look to him for guidance on market-beating stock plays.
Intel Corp. shares plunged toward their biggest one-day loss in almost exactly a year Friday after the chip maker's earnings report showed lower profit margins that are expected to last for years.
SpaceX has fired a Raptor vacuum engine integrated onto a Starship for the first time.
Coupang's stock opened at $63.50 per share on its first day of trading, far above its IPO price of $35, and hit an intraday high of $69 before closing at $49.25. Today, Coupang's stock trades in the high $20s, but remains a divisive investment. Last month, SoftBank sold a whopping 57 million shares of Coupang at an average price of $29.69 per share for total proceeds of $1.69 billion.