After falling for much of the week, the major stock market indexes were gaining ground early Thursday as investors digested the latest unemployment numbers. Last week's initial jobless claims suggest the Federal Reserve's campaign to combat inflation may finally be bearing fruit. Investors used that positive development as an excuse to buy up their favorite beaten-down tech stocks.
Media reports suggest that Hong Kong could relax certain restrictions aimed at preventing the spread of COVID-19.
Lincoln National (LNC) puts share buybacks on temporary hold to regain financial strength as well as cope with the substantial losses incurred in the third quarter of 2022.
Shares of Boeing (NYSE: BA) were up more than 4% as of 10 a.m. ET today. Bank of America's Ron Epstein raised his price target to $190 from $165, Citibank analyst Jason Gursky initiated his coverage with a buy rating, and Wells Fargo analyst Matthew Akers raised his price target to $218 from $185. The price target hikes and buy recommendations are supported by an improving environment for Boeing Commercial Airplanes (BCA).
In this article, we will discuss the 15 best electric car stocks to buy now. If you want to explore similar stocks, you can also take a look at 5 Best Electric Car Stocks To Buy Now. The Electric Car Industry: An Analysis Electric car stocks are increasingly becoming a popular investment option as the […]
After a 13-year bull-market run driven primarily by the tech-heavy Nasdaq 100, growth stocks have tanked this year, and the index is down 30% in 2022. Stand out tech stocks Broadcom (NASDAQ: AVGO) and Datadog (NASDAQ: DDOG) have lost at least 20% of their value this year, but Wall Street still expects them to grow some 50% or more this year and beyond. Let's take a closer look at why each of these tech stocks are worth considering heading before we head into 2023.
L1 Capital International, an investment management company, released its “L1 Capital International Fund” third-quarter 2022 investor letter. A copy of the same can be downloaded here. The fund returned -0.4% net of fees in the third quarter compared to a 0.3% return for the MSCI World Net Total Return Index in AUD. The depreciation of Australian […]
General Electric (GE) is plagued by persistent supply-chain disruptions, weakness in the Power and Renewable Energy segments and foreign currency headwinds.
Energy Transfer LP (ET) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Investors searching for that feeling telling you market sentiment is shifting to a more positive outlook have been brought down to earth again. Following 2022’s market behavior to a tee, the recent rally has run into a brick wall. To wit, the S&P 500 notched 5 consecutive negative sessions over the last week with investors mulling over the prospect of a recession. Indeed, financial experts have been sounding the warning bells on the precarious state of the global economy. One of the doomsayers h
Kinder Morgan (KMI) anticipates adjusted EBITDA of $7.7 billion for 2023, up from the $7.5 billion projected for 2022.
Shares of Algonquin Power & Utilities (NYSE: AQN) crashed 31.7% in November, according to data provided by S&P Global Market Intelligence. It turned out to be the worst month for the utility stock in 2022 so far, with Algonquin shares now tumbling a whopping 49% year to date as of this writing. Utility stocks typically carry large amounts of debt and have, therefore, taken a beating this year amid rising interest rates.
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Growth Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund returned -4.92% net compared to -0.12% return for the Russell 2500 Growth Index. In the quarter, market dynamics worked against the fund’s investment strategy. In […]
Yahoo Finance Live anchors discuss the rise in stock for Express following quarterly earnings.
Yahoo Finance Live anchors discuss reports that GameStop is considering acquisitions following third-quarter earnings.
Shares of Carvana (NYSE: CVNA) were rallying Thursday, one day after the stock plunged on news that its major creditors had teamed up to negotiate with the online used car dealer, a sign that they were preparing for the company to go bankrupt. There was no specific news out on Carvana Thursday, but its recovery looked like a classic dead cat bounce. First, Apollo and Pimco, two of Carvana's biggest creditors that together hold $4 billion of its debt, signed a deal to work together in the event of a bankruptcy.
Sam Bankman-Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.
In this article, we will discuss the 14 Best Marijuana Stocks To Buy Now. You can skip our detailed industry analysis and go directly to the 5 Best Marijuana Stocks To Buy Now. The cannabis industry is expected to undergo rapid changes in the coming years. One reason is the increasing awareness of the health benefits […]
Economic uncertainty has battered the stock market this year, sparking recession fears that have driven the S&P 500 and the Nasdaq Composite into bear market territory. During that downturn, PayPal Holdings (NASDAQ: PYPL) has seen its share price nosedive 76%, marking its greatest loss of value since it became a public company (for the second time) in 2015. PayPal operates a two-sided payments network with 432 million active accounts, including 397 million consumers and 35 million merchants.