Jobs Report: Wage Growth Jumps Amid Strong Hiring; Dow Jones Falls
November's jobs report showed surprisingly strong hiring and even stronger wage growth. Stocks fell amid worries about more Fed rate hikes.
November's jobs report showed surprisingly strong hiring and even stronger wage growth. Stocks fell amid worries about more Fed rate hikes.
On a modestly up day for tech stocks, with the tech-heavy Nasdaq up nearly 1 full percentage point as of 12:25 p.m. ET, shares of tech giant Amazon (NASDAQ: AMZN) are doing better than most -- rising a solid 3%. It would seem they're doing so for a very "techie" reason: non-fungible tokens (NFTs). An Amazon NFT initiative is coming soon, said crypto news source Blockworks in a report late yesterday afternoon.
Tesla shares are jumping for a 2nd day as investors and analysts continue to break down what was revealed during Tesla’s Q4 earnings report. Gary Black of the Future Fund says it was the Cybertruck news that's the most important.
A new era is about to begin at Toyota. The reasoning of the Japanese behemoth has always been that consumers were not ready to adopt electric vehicles. As a result, Toyota favored a policy of small steps.
The Nasdaq Composite index, which has a bigger than average share of tech stocks in it, plunged 33% for the year as inflation and interest rates climbed. A look back at the Nasdaq Composite's 51-year history shows that back-to-back losing years are incredibly rare. The broader tech sell-off was brutal for the following five stocks, but if history repeats for the Nasdaq, these five tech stocks could have a great 2023 too.
Intel CEO Pat Gelsinger joins Yahoo Finance Live to discuss company earnings, the expectations for next quarter, inventory adjustments, demand in the PC market, and the outlook for Intel.
The electric vehicle (EV) market is growing fast, and by 2030 an estimated 60% of new vehicle sales will be EVs, according to the International Energy Agency. All of these new EVs will need a place to charge, and ChargePoint Holdings (NYSE: CHPT) is hoping that many of them get their electron fix from its charging stations in the coming years. To better understand the company's potential and its hurdles, let's look at what's happening with ChargePoint right now and where it's headed in the next few years.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been a money machine for his shareholders since taking the reins in 1965. Through this past weekend, he's presided over a nearly 3,800,000% increase in the value of Berkshire's Class A shares (BRK.A).
Let's see if some analysis can provide the answer to whether or not investors should consider SoFi stock right now. Today, while student financing remains a major part of its business, it offers a broad array of services, such as personal banking, investing, credit cards, and mortgages.
Right now, the average price for a loaf of bread is, approximately, $1.87. Under a new law proposed by House Republicans, that price would go up to more than $2.50. This would be the result of the Fair Tax Act, … Continue reading → The post Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate appeared first on SmartAsset Blog.
After being shunned for most of 2022, the mortgage real estate investment trust (REIT) sector regained some popularity as investors sensed the Federal Reserve's tightening cycle is wrapping up, which will remove a major headwind for the sector. The two biggest mortgage REITs, AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY), have mounted quite the rally over the past several months. The idea is that rental income will cover the interest costs on the debt the REIT used to finance the property.
In this video, I will be discussing three stocks that I believe are solid long-term investments. I chose these companies based on growth, profitability, and competitive advantages, among other metrics.
Is it the key to better mental health? Or just plain lazy?
Her flagship Ark Innovation ETF has lost 41% over the past year and 76% from its February 2021 peak.
The maker of Coors Light and Miller Lite is teaming up with DraftKings to give consumers a chance to predict the contents of its ad—and earn money if they guess correctly.
Today we will run through one way of estimating the intrinsic value of ZIM Integrated Shipping Services Ltd. ( NYSE:ZIM...
Bed Bath & Beyond hatchets off a division as it fights for its life.
Asia's richest man is rocked by a U.S. short-seller's allegations of fraud and money laundering.
Let's not try to jinx things by calling attention to this, but Cathie Wood's on a roll this year. The largest of the exchange-traded funds she runs at Ark Investment Management is up nearly 23% this month. Wood added to her existing stakes in Pinterest (NYSE: PINS), CareDx (NASDAQ: CDNA), and Teladoc Health (NYSE: TDOC) yesterday.
Yahoo Finance Live anchors discuss the road ahead for Bed Bath & Beyond as the chain warns of inability to pay debts.
Poised to end the week on a down note, shares of Chevron (NYSE: CVX) are falling today in response to the company's fourth-quarter 2022 earnings report. As of 12:24 a.m. ET, shares of Chevron are down 5%. Failing to meet bottom-line expectations, Chevron reported adjusted earnings per share of $4.09 for Q4 2022, lower than the analysts' estimate of $4.33.