The Chinese ride-hailing company has been under investigation by China for violating cybersecurity and data privacy laws.
The Dow Jones Industrial Average's early selloff Tuesday is unanimous, as the stocks of all 30 of the blue-chip barometer's components are trading lower in the premarket. Dow futures sank 327 points, or 1.1%, ahead of the open. Among the biggest early decliners, shares of Caterpillar Inc. slid 1.8%, Goldman Sachs Group Inc. shed 1.8%, Salesforce Inc. dropped 1.7% and Boeing Co. lost 1.7%. The most-active Dow stock was Apple Inc.'s , which shed 1.0%, while the best performer was Johnson & Johnson
Yahoo Finance’s Ines Ferre joins the Live show to break down how stocks are moving in early trading.
In this article, we discuss the Dow 30 stocks and their rank according to the 2022 hedge fund bullishness index. If you want to skip our review of these stocks and the latest market situation, go directly to 15 Dow Stocks Listed and Ranked By 2022 Hedge Fund Bullishness Index. The Dow Jones Industrial Average, […]
The global cost-of-living crisis is pushing an additional 71 million people in the world's poorest countries into extreme poverty, a new report published by the U.N. Development Programme (UNDP) on Thursday has warned. Achim Steiner, UNDP administrator, said an analysis of 159 developing countries showed that the surge in key commodity prices this year was already slamming parts of Sub-Saharan Africa, the Balkans, Asia and elsewhere. The UNDP called for tailored action.
Jeff Bezos’ West Coast-based Blue Origin LLC, a commercial space launch company, recently signed a lease for new office space in Reston, expanding its small existing footprint in Greater Washington. The company’s new location is at 2001 Edmund Halley Drive, according to a second-quarter leasing report from real estate behemoth CBRE (NYSE: CBRE), which put the lease size at just shy of 33,000 square feet. It's a low-rise office building owned by Reston Crossing LP, an affiliate of New York-based Tishman Speyer, located just south of the Dulles Toll Road, a little over a mile west of the Wiehle-Reston East Metro station.
Virgin Galactic Holdings Inc (NYSE: SPCE) has inked an agreement with Aurora Flight Sciences, Boeing Co's (NYSE: BA) subsidiary, to partner in designing and manufacturing its next-generation motherships. The mothership is the air launch carrier aircraft in Virgin Galactic's space flight system that carries the spaceship to its release altitude of ~50,000 feet. Virgin Galactic has been working with Aurora for several months to develop design specifications. The two-vehicle contract enables Aurora
The Dow Jones rallied after the latest Fed Minutes were released. Tesla stock fell even as a rival EV play soared. Apple stock popped.
Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd.
The tech billionaire keeps plowing millions into this asset class.
Anyone positioning their portfolio for a recession could be making a big mistake.
Yahoo Finance's Pras Subramanian explains why Tesla is slowing production in July.
Now that we’re into the second half of 2022, with the Independence Day holiday behind us, we can take stock of the changes that the last six months have brought. And those changes have been dramatic. As this year got started, the S&P 500 was coming off of a 27% annual gain. Today, the index is down 20%, putting it into a bear market. The losses have been broad-based, and have left many otherwise sound equities languishing at low prices. It’s a circumstance that has a lot of unhappy investors won
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary da
U.S. stocks end with modest gains Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big rate-hike on tap this month to help cool inflation.
The economy is rocky, but high-net-worth individuals aren't worried.
The major indexes rose slightly as Fed minutes held few surprises. Megacap stocks reclaimed key levels. These two Tesla rivals are in buy zones.
(Bloomberg) -- By 2:08 p.m. Shanghai time on March 8, it was clear that Xiang Guangda’s giant bet on a fall in nickel prices was going spectacularly wrong.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarRoaring US Rental Market Shows Early Signs of Slowing DownUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingCiti Says Oil May Collapse to $65 by the Year-End on RecessionWall Street Says a Recession Is Coming. Consumers Say It