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BP, Shell, Exxon Mobil, Chevron, and other oil companies have seen stunning stock price gains over the past month.
Wall Street skidded lower on Black Friday as investors reacted to fresh travel bans related to a variant of the coronavirus that causes COVID-19 called B.1.1.529, that has been identified in South Africa.
Buffett is taking profits off the table. It might be time to do the opposite.
In this article, we discuss the 10 stocks that top hedge funds are selling. If you want to skip our detailed analysis of these stocks, go directly to Top Hedge Funds are Selling These 5 Stocks. Despite rising inflation and supply chain problems that have wreaked havoc with the United States economy in the past […]
CEO Arvind Krishna is taking a page from Microsoft’s hugely successful playbook, doubling down on the cloud and artificial intelligence.
Stifel Chief Equity Strategist Barry Bannister joins Yahoo Finance Live to discuss the investor implications of a newly discovered COVID-19 variant as we enter the second winter of the pandemic.
While prices could spiral out of control, demanding a hawkish response from the Federal Reserve, it is more likely the central bank won’t be able to hike rates next year, given the economy’s frailty.
Instead of lasting decades, the average American's savings will last about three years.
Nio is a Chinese stock, and that's just one of the reasons investors in the EV maker are worried.
Demand for electric vehicles in China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually.
It’s exactly what investors didn’t want to hear as we close in on two years since the pandemic first reared its ugly head in China. A team at Saxo Bank advises traders to “tread with extreme care, given that near term volatility risks are extreme on the unfortunate timing, particularly giving the sudden shift in focus that this news brings relative to recent themes and current market positioning.” The one mercy for Friday is that it’s a shorter session for Wall Street.
Fears of the new Omicron Covid variant slammed the stock market Friday. Here's what investors should do now. Li Auto earnings are on tap.
Barron’s panned these three U.S.-listed Chinese EV start-ups in December 2020. Things look different now.
The S&P 500 is still up almost 5% over the past seven weeks. That’s one reason a small dip isn’t concerning some strategists—yet.
The Dow Jones suffered its worst day of 2021 amid new Covid fears. Moderna stock popped. A Warren Buffett stock rebounded higher.
Gold has been following a contrarian script over the past several months, including this past week when it fell by almost $100 per ounce. Consider the average recommended gold market exposure level among several dozen short-term gold timers my firm tracks on a daily basis. This average rose to 70.3% on Nov. 16, which was higher than 97% of all other daily readings since 2000 — well above the 90% threshold that in prior columns I used to define excessive bullishness.
The Dow Jones Industrial Index (^DJI) settled down 905 points (2.53%) in its worst post-Thanksgiving Day performance since 1931
The new virtual world presents unparalleled opportunities for humanity, and that's a major opportunity for these companies.
Traders clicked the sell button on hydrogen stocks due to fears that their growth could face a fresh impediment.
Investors' holiday cheer received a rude interruption on Thanksgiving Day 2021: In South Africa, a new coronavirus variant is rising -- and it's terrifying investors with fears of a prolonged cruise industry recession. Shares of Carnival Corporation (NYSE: CCL) (NYSE: CUK), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) sank in quick succession as of 10:10 a.m. ET today, falling 10%, 10.2%, and 10.3%, respectively. Initially detected in South Africa, reports CNN, the virus has also popped up in neighboring Botswana and in Hong Kong (carried there apparently by a traveler from South Africa).
Shares of Boeing (NYSE: BA) fell out of bed Friday, dropping 6.5% by 9:40 a.m. ET after Reuters reported the company might be out of the running to sell Canada new fighter jets. For more than a decade, Canada has been weighing the merits of buying F-35 stealth fighter jets from Lockheed Martin (NYSE: LMT) to replace the aging CF-18 jet fighters that currently make up the bulk of its fleet.