Rapper Coolio, most famous for his hit song "Gangsta's Paradise," died at age 59 on Sept. 28, TMZ reported. At the time of his death, the performer held an estimated net worth of $1.5 million,...
Leaving these accounts open could tarnish your golden years.
Yahoo Finance Live examines Carnival Cruise's stock after its latest earnings miss signifies a much longer path to profitability than expected.
The bear market in software stocks has already lasted far longer than the typical decline, according to MoffettNathanson,
Yahoo Finance Live anchors discuss stock performance for cruise lines.
September is living up to its reputation as an ugly month for stocks. Here's what the data says about October performance.
Inflation, interest rates, and recession – these are the bogeymen of investing, and they’ve been watching over our shoulders for the past several months. We all know the story by now, the rate of inflation is running at generational highs, the Federal Reserve is hiking rates in an attempt to push back against high prices, and that’s likely to tip the economy into recession. At a time like this, investors are showing a growing interest in finding strong defensive portfolio moves. It’s a mindset t
Tesla CEO Elon Musk kicked off its Tesla AI Day 2022 with a quick level set on expectations — "we've come a long way" — and then stepped aside to allow the first iteration of its robot walk out onto the stage. Instead, Tesla introduced a functioning robot, albeit with exposed cables and a bit wobbly, at its second annual event. After a brief turn about the stage, the robot left the stage before the rest of the presentation continued, which included several short videos of the robot (now tethered for stability) carrying a box in an office, watering a plant and lifting a small piece of metal in the Tesla factory in Fremont, California.
Meta Platforms is not doing well. The social-media giant, parent of Facebook, Instagram and WhatsApp, has been sending alarming signals for several months. It was ejected from the world's top 10 most valuable companies, and this year its market capitalization has fallen by nearly $545 billion.
Billionaire investor Stanley Druckenmiller sees a “hard landing” by the end of 2023 as the Federal Reserve’s aggressive monetary tightening will tip the U.S. economy into recession.
Shares of Annaly Capital Management (NYSE: NLY) were among the losers this week as rising mortgage rates threatened to squeeze the mortgage REIT, and one analyst expressed caution on the stock. The company also executed a reverse stock split at the beginning of the week. Since the rate hike, which came with hawkish commentary from Fed Chair Jerome Powell, investors seem to believe the risk of a recession has grown, as well as the likelihood of a sustained high-interest-rate environment.
Tesla unveiled its first prototype of its Optimus humanoid robot on Friday — an actual robot this time, by the strictest definition, instead of a flesh and blood human clad in a weird suit. The robot performed some basic functions, including walking a little bit and then raising its hands — all for the first time without supports or a crane, according to Tesla CEO Elon Musk. The company may be taking its first early steps into humanoid robotics, but it has a lot riding on the business.
Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.
The Dow Jones is at bear market lows. Tesla showed off the Optimus robot at AI Day. Tesla deliveries are on tap, with China EV rival Li Auto topping forecasts.
Portfolio Wealth Advisors President and CIO Lee Munson and Sound Planning Group CEO David Stryzewski join Yahoo Finance Live to discuss the recent market volatility, inflation, rising rates, and more.
Warren Buffet's mentor Benjamin Graham is famous for insisting that investors look at large declines in the stock market as a discount or sale, rather than panic. Here's a look at two quality tech stocks that have a chance to go back to their previous highs once macroeconomic conditions stabilize.