The company announced Tuesday that the first units of the initial batch of 500 trucks were leaving the plant after they passed safety tests and hit several key benchmarks needed to be sold.
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.
Energy Transfer LP (ET) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Tesla's (NASDAQ: TSLA) surprise earnings beat last night was shaking up the electric vehicle (EV) industry this morning, as shares of solid-state batteries researcher QuantumScape (NYSE: QS) tumbled 1.5% through 11:15 a.m. ET, but Tesla's Chinese rivals Nio (NYSE: NIO) and Xpeng (NYSE: XPEV) gained 2.7% and 3.4%, respectively. Tesla surprised investors by reporting $1.19 per share in profits on sales of $24.3 billion -- beating on both the top and bottom lines despite cutting prices on its electric cars over the past couple months.
Yahoo Finance’s Jared Blikre joins the Live show to break down Intel’s latest earnings report.
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.
Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an “Ask Me Anything” (AMA) session on Reddit. What Happened: Gates, answering dozens of questions over the course of a few hours during the AMA, including: “Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?” In respon
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
Chevron will launch a massive $75 billion share buyback and raise its dividend, the Dow Jones energy giant announced late Wednesday. The news comes ahead of fourth-quarter earnings due on Friday. Chevron stock advanced Thursday.
Berkshire Hathaway CEO Warren Buffett is widely considered one of the best stock pickers of all time, and for good reason. Here are three top Buffett stocks that could make you richer in 2023 and beyond. Ally Financial (NYSE: ALLY) is an automotive-oriented online bank.
Moor Insights & Strategy Founder, CEO and Chief Analyst Patrick Moorhead speaks with Yahoo Finance Live about Intel's latest quarterly results, why it was a disappointment, and the possible silver lining.
In this article, we discuss 15 most undervalued quality stocks to buy according to hedge funds. If you want to see more stocks in this selection, 5 Most Undervalued Quality Stocks To Buy According To Hedge Funds. Quality stocks usually have little debt, steady earnings, regular growth in assets, and effective leadership. Investors can identify […]
The last year has been mixed for Apple, down about -10% on the year, but still outperforming the market
Financial guru Suze Orman thinks that most consumers are, or soon will be, facing dire straits, in an environment of higher interest rates and higher inflation.
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
Yahoo Finance Live’s Seana Smith and Dave Briggs check out several trending stocks after the closing bell, including how airlines are faring during earnings season and in the fallout of holiday cancellations.
Cathie Wood made her name by backing growth-oriented and cutting-edge stocks with her Ark Innovation ETF (ARKK) delivering huge returns for investors before and during the Covid-era. That all changed, however, as market sentiment shifted, and the past two years have seen the once-lauded investor’s reputation take a hit with the ARKK fund posting huge losses. But, so far, 2023 is turning out to be a turnaround story. ARKK is up nearly 20% since the turn of the year. Meanwhile, Wood has been loadi
Shares of Qualtrics International (NASDAQ: XM) popped as much as 34% this week, according to data from S&P Global Market Intelligence. The customer experience management software company posted a good earnings result for the fourth quarter and was buoyed by its majority shareholder SAP (NYSE: SAP) saying it was exploring a sale of its stake in the business. As of 4 p.m. ET on Thursday, Jan. 26, the stock is up 33.9% this week.
Novavax Inc said on Thursday it would require six months to produce a COVID-19 vaccine designed to match whichever coronavirus variants are circulating for an annual immunization program each fall season in the United States. The company suggested that the U.S. Food and Drug Administration select the prevalent variant of coronavirus in the first quarter each year, similar to the model employed to choose the composition for annual flu shots. The FDA in documents released on Monday proposed June for deciding on an annual COVID shot's make-up.
(Bloomberg) -- Intel Corp. gave one of the gloomiest quarterly forecasts in its history after a personal-computer slump ravaged the chipmaker’s business, sending shares tumbling and further setting back turnaround efforts.Most Read from BloombergHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedHindenburg’s Short Sell Call Shaves $12 Billion Off Ad
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.
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