Grindr Stock Surges 200% in Public Debut
The app geared toward the gay, bi, trans and queer community started trading Friday on the New York Stock Exchange after merging with blank-check company Tiga Acquisition in a $2.1 billion deal.
The app geared toward the gay, bi, trans and queer community started trading Friday on the New York Stock Exchange after merging with blank-check company Tiga Acquisition in a $2.1 billion deal.
Rising asset yields support AGNC Investment's (AGNC) Q4 average net interest spread. However, the rise in the weighted average cost of funds acts as a headwind.
Principal Financial (PFG) delivered earnings and revenue surprises of 11.84% and 8.66%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Ryan Olohan was told there were "obviously too many white guys" on his management team.
Lucid shares fall after initially rising on talks of a possible buyout from the Saudi Arabian Investment Fund.
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good
Yahoo Finance Live anchors discuss the rise in stock for GM following quarterly earnings.
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Robinhood (NASDAQ: HOOD), a digital trading platform based in Menlo Park, California, gained immense popularity among millennials and Gen Z investors in recent years. During the peak of the COVID-19 pandemic, Robinhood Markets saw an influx of attention, as its commission-free platform allowed traders to seamlessly and inexpensively buy stocks and options in highly popular names. A surge in the buying and selling of so-called "meme stocks" resulted, with many experts citing the rise of retail investors via platforms like Robinhood as one of the determining factors behind a number of high-profile short squeezes seen last year.
The combination of price cuts spreading through its industry and pullback from a hot buyout rumor really put the brakes on Canoo (NASDAQ: GOEV) stock Monday. The electric vehicle (EV) maker's share price fell by nearly 12% on the day, a far steeper decline than the 1.3% slip of the S&P 500 index. The major item making the EV sector as a whole volatile was a hot rumor at the end of last week that the huge Saudi Public Investment Fund (PIF) was eager to buy the remainder of high-end EV car maker Lucid Motors (PIF already holds a more than 65% stake in the company).
Baron Funds, an investment management company, released its “Baron Health Care Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund increased by 9.08% (Institutional Shares) compared to an 11.54% gain for the Russell 3000 Health Care Index and a 7.56% gain for the S&P […]
In the latest trading session, ZIM Integrated Shipping Services (ZIM) closed at $18.72, marking a +0.59% move from the previous day.
These growth stocks are down more than 50%, creating an attractive buying opportunity for patient investors.
Yahoo Finance Live’s Rachelle Akuffo discusses the decline in stock for Alibaba following rumors that the e-commerce company is moving its headquarters to Singapore, despite the company denying reports.
Just because a business does not make any money, does not mean that the stock will go down. Indeed, Reviva...
The Federal Reserve is expected to slow its pace of interest rate increases for the second-straight meeting on Wednesday, raising its benchmark interest rate another 0.25%.
(Bloomberg) -- Exxon Mobil Corp. reaped a record $59 billion annual profit but disappointed some investors by holding the line on share buybacks. Most Read from BloombergSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsWall Street Is Losing Out to Amateur Buyers in the Housing SlumpIMF Eyes ‘Turning Point’ for World Economy as Growth BottomsThe 'Big Shift' That's Finally Causing Rents to FallFull-year prof
Yahoo Finance Live’s Dave Briggs looks ahead to Snap’s earnings report due out tomorrow afternoon.
Shopify (NYSE: SHOP) and Etsy (NASDAQ: ETSY) both caught Wall Street's attention recently when the companies announced big price increases. Etsy raised the fees that it charges sellers for access to its platform; Shopify said it is boosting its monthly and annual fees by over 30%. Shopify easily wins the growth matchup.
Johnson & Johnson stock is down slightly on Monday afternoon over concern of the fallout from the talcum powder lawsuits.
Yahoo Finance Live anchors discuss quarterly earnings for UPS.