NIO, Li Auto, XPeng, ChargePoint Holdings and Blink Charging are included in this Analyst Blog.
Shares of Bank of America (NYSE: BAC) were down on Tuesday, falling as much as 6% during the trading day. As of 2:45 p.m. ET, Bank of America was down 5.5%, trading at $32.58. The major indexes were all down on Tuesday, led by the Nasdaq Composite, which was down 258 points, or 2.3%, while the Dow Jones Industrial Average was down 498 points, or 1.5%, and the S&P 500 was off 77 points, or 1.9%, as of 2:45 p.m. ET.
The 2008 financial crisis, one of the biggest financial debacles in history, made Michael Burry a legend. It made him one of the examples to follow in defiance of standard practices in financial circles.
Yahoo Finance Live examines how Senator Mitch McConnell's rebuking of marijuana legislation may have impacted cannabis-tied stocks.
Trade data for November showed sharp falls in the country's exports and imports from a year earlier, undercutting positivity around relaxed coronavirus restrictions.
Chances are good you're ahead of 25% of your peers.
Whether Santa eventually comes or not is still to be determined, with Mr. Claus perhaps postponing a decision until next Tuesday’s CPI release. Strategists led by Greg Boutle, head of U.S. equity and derivatives strategy, are expecting a capitulation event next year. “This would be a departure from the current bear market regime, which has been characterized by a grind lower in equities as P/E multiples have contracted,” they say.
With the business potentially at an important milestone, we thought we'd take a closer look at Novavax, Inc.'s...
What a difference a year makes. Carvana, a market and hedge fund darling just over a year ago, is now disavowed by the same investors who seem to be speculating about its possible default and bankruptcy.
Shares of Devon Energy (NYSE: DVN) fell 11.4% in November, according to data provided by S&P Global Market Intelligence. The primary factor weighing on the oil stock was its third-quarter report, where the company unveiled a lower total dividend payment. Devon Energy launched the oil industry's first fixed-plus-variable dividend framework in early 2021.
Shares of many of America's largest banks are tumbling again on Tuesday after a period of outperformance that saw Goldman Sachs Group GS claw back practically all of its losses year-to-date.
Unit shipments of graphics cards plunged 31.9% year over year in the third quarter, according to data from Jon Peddie Research, the first decline since the pandemic began. Demand from cryptocurrency miners has essentially vanished as crypto prices plunge, and a recovery doesn't look likely as the industry buckles under the weight of scandals and frauds. The PC market is in shambles, with unit shipments plunging nearly 20% in the third quarter.
MongoDB (NASDAQ: MDB) fell into both categories, and its punishment was swift and severe, with the stock shedding 74% of its value since late last year. If investors had a holiday wish list related to MongoDB, it would undoubtedly include a beat and raise, strong growth, and maybe even a little profitability for their stocking. When the company released its financial results, MongoDB put plenty of presents under the tree, delivering everything on shareholders' wish lists -- and more.
General Electric, whose spinoff of its health care and energy companies will leave Evendale-based GE Aerospace as the sole company, bought out every single print add in the New York Times for the first time in the newspaper's history.
Down 54% year to date, Carnival (NYSE: CCL) stock has dropped substantially in 2022. And while that might garner the attention of bargain-hungry investors, it may pay to look before you leap at the shares.
Insiders at United Parcel Service, Inc. ( NYSE:UPS ) sold US$2.5m worth of stock at an average price of US$192 a share...
Binance CEO CZ is speaking out against SBF after FTX’s collapse and arguing he had nothing to do with his rival’s downfall.
Textron stock soared Tuesday after the defense company won a contract worth up to $80 billion to build a new helicopter for the Army. The Army is turning to Textron (ticker: TXT) subsidiary Bell Helicopter for a new long-range assault helicopter—the Bell V-280 Valor—that will replace the service’s 40-plus-year-old UH-60 Black Hawk. Textron beat a joint bid from Lockheed Martin (LMT) and Boeing (BA).
Akeso Inc announced a collaboration and license agreement with Summit Therapeutics Inc (NASDAQ: SMMT) to out-license its breakthrough bispecific antibody, ivonescimab (PD-1/VEGF, AK112) for development and commercialization in the U.S., Canada, Europe, and Japan. In addition, the company will co-brand the product in the license territories. Currently, Akeso is conducting a phase 3 trial of ivonescimab monotherapy versus pembrolizumab monotherapy as the first-line treatment for NSCLC patients wit
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 14x, you may...