LU earnings call for the period ending December 31, 2020.
The goal of an investment — whether you place your money in stocks, a business or real estate — is generally to end up with more money than you started with. When you earn enough money from investments, you’ll have … Continue reading → The post Florida Capital Gains Tax appeared first on SmartAsset Blog.
The auto maker needed to deliver a big beat and raise quarter to get its shares moving higher. It did, but it still wasn't enough.
What happened Shares of Moderna (NASDAQ: MRNA) are up 9% as of 2:45 p.m. EDT today, after the Food and Drug Administration (FDA) granted Fast Track designation for mRNA-1345, the company's vaccine candidate for respiratory syncytial virus (RSV).
The midstream company is benefiting from strength in some businesses, offsetting weakness elsewhere.
According to New Frontier Data, legal weed sales in the U.S. are expected to grow by an annual average of 21%, ultimately hitting north of $41 billion by mid-decade. While this sales growth will undoubtedly make some cannabis investors rich, we also know that not every marijuana stock can be a winner. The following trio of pot stocks stand out for all the wrong reasons and should be avoided like the plague in August.
Year-to-date, the market trends are highly positive. The S&P 500 is up ~18%, while the tech-heavy NASDAQ, has put up a 14.5% year-to-date gain. There are potential headwinds – inflation is a worry, as is the possibility of further COVID-related restriction policies. But for now, the economy is mostly open, consumers are starting to spend, and investors seem optimistic. As J.P. Morgan’s chief US strategist Dubravko Lakos-Bujas recently put it, the economic gains are “not an event but rather a pro
Biden calls Delta-driven surge of coronavirus cases ‘largely preventable tragedy,’ Lyft turns profitable as demand increases, SEC’s Gensler calls unregulated crypto markets ‘the Wild West,’ and other news to start your day.
Memory-chip maker Micron Technology (NASDAQ: MU) just announced a quarterly dividend policy. The payouts are starting out small, but I expect the company to build up its dividend yield over time. Let's see what Micron's payouts will mean to us shareholders.
The 24% surge in Robinhood's stock on Tuesday elevated it above the $38-price set in last Thursday's IPO and gave the company a market capitalization of about $39 billion. "People are trying to jump on the back of Cathie Wood's vote of confidence in Robinhood shares," said Thomas Hayes, managing member at Great Hill Capital in New York. "The catalyst was certainly Cathie Wood putting in a sizable position after everyone was downbeat after the IPO."
The food purveyor reported an adjusted profit of 78 cents a share, beating forecasts for 72 cents a share, on sales of $6.6 billion, topping expectations for $6.55 billion.
Shareholders want to know when the multiplex operator will begin returning money to its investors. They're not going to like the answer.
Exxon Mobil Corporation(NYSE:XOM) posted a positive earnings result for the second quarter in the row. However, the stock price is not following the suit, remaining lodged around US$58, following a dip in July. We think that the softer headline numbers might be getting counterbalanced by some positive underlying factors.
U.S.-listed shares of Chinese electric vehicle maker Nio (NYSE: NIO) are sinking a day after the company reported its monthly vehicle delivery figure for July. As of 12:15 p.m. EDT, Nio's U.S.-listed shares were down by about 3% after having been down by almost 5% earlier in the session. Nio's Chinese competitors Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) also reported their July data Monday, and their growth outpaced that of Nio.
Treasuries may afford safety, but at yields far below inflation, you’re losing money every month, says one strategist.
(Bloomberg) -- VICI Properties Inc. is acquiring MGM Growth Properties LLC, including MGM Resorts International’s stake in the real estate investment trust, in a deal that values the takeover target at $17.2 billion.Under the terms of the agreement, VICI will redeem a majority of the MGM Growth operating partnership units held by MGM Resorts for $43 each, or a total of about $4.4 billion, in cash, and acquire the rest of MGM Growth in a stock-for-stock transaction. The total MGM Growth value inc
Less than four months after going public and being valued at more than $3 billion by Wall Street, Zymergen Inc. unleashed some bad news Tuesday afternoon and was on pace to lose more than two-thirds of its market cap.
Nikhil Kamath - India’s youngest billionaire and True Beacon Global Co-Founder & CIO; Zeroda Co-founder, joined Yahoo Finance to discuss the latest on Robinhood.
Headlines about PayPal founder Peter Thiel’s $5 billion tax-free retirement account have some clients salivating. But regulatory changes may be coming.
China's ongoing crackdown on its top tech companies has rattled investors and crushed the sector's bellwether stocks, including Alibaba, Tencent (OTC: TCEHY), and Baidu. It's tempting to avoid all Chinese stocks until this regulatory storm ends, but investors should keep an eye on two companies that aren't as exposed to the government's wrath: NetEase (NASDAQ: NTES) and Bilibili (NASDAQ: BILI). NetEase is China's second-largest mobile game publisher after Tencent.
GM swung to a Q2 profit and lifted its outlook, a week after rival Ford did so and noted improvement in the supply of chips.