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.
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).
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.
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 […]
General Electric (GE) is plagued by persistent supply-chain disruptions, weakness in the Power and Renewable Energy segments and foreign currency headwinds.
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 […]
Shares of Nvidia have been soaring of late but this metric indicates that all is not well with the company.
Yahoo Finance Live anchors discuss the rise in stock for Express following quarterly earnings.
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 Hello Group (NASDAQ: MOMO) were up 36% as of 9:31 a.m. ET on Thursday after the company reported better-than-expected earnings results for the third quarter. While management expects another decline in revenue next quarter, the sequential improvement in earnings per share is all that matters right now.
Yahoo Finance Live anchors discuss reports that GameStop is considering acquisitions following third-quarter earnings.
Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different billionaire privately owns 2.2 million acres, making him the largest landowner in the U.S. John Malone, the former CEO of Tele-Communications Inc., which AT&T Inc. purchased for more than $50 billion in 1999, has a
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.
Over the past year, insiders sold US$831k worth of Bank of America Corporation ( NYSE:BAC ) stock at an average price...
In this video, I talk about Palantir (NYSE: PLTR), which is down 60% year to date, and why that might be an excellent opportunity for long-term investors. For the full insights, do watch the video, consider subscribing, and click the special offer link below.
Yahoo Finance Live anchors discuss third-quarter earnings for Rent the Runway.
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 […]