Bank stocks were one of the few groups to rise following Wednesday's FOMC surprise. They're Thursday's biggest losers.
Yahoo Fiannce's Dan Howley breaks down Tesla's Q2 earnings.
Shares of Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) dropped 4% as of 10 a.m. EDT Monday, and given the headlines coming out of China last week regarding how the government is cracking down on tech companies left and right, this is not too surprising. As The Wall Street Journal reported over the weekend, the Chinese government is pressing tech giants Tencent Holdings (OTC: TCEHY) and Alibaba affiliate company Ant Group to help it develop a new "state-backed digital currency" -- i.e., a cryptocurrency -- to be dubbed the e-CNY (or electronic Chinese yuan). This is bad news for Alibaba because Ant operates the Alipay digital payments network already, and the emergence of a competing e-CNY brings "the risk of eroding the huge user base" that Alibaba and its affiliates have built up over the past decade.
The company said it expected to launch production this year of Model Y SUV in Texas and Germany, but would delay the launch of the Semi truck until 2022. Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.
Shares of cruise ship operator Carnival Corporation (NYSE: CCL) (NYSE: CUK) stock are bouncing back Monday, up 3.3% as of 12:35 p.m. EDT. The move comes in response to news late Friday that the U.S. Court of Appeals for the 11th Circuit has reversed its previous ruling that the U.S. Centers for Disease Control and Prevention could enforce its Conditional Sail Order, setting restrictions on whether cruise lines could sail carrying unvaccinated passengers after July 18. To be clear, this reversal means that the CDC now cannot enforce that order, and the cruise lines can sail with unvaccinated passengers -- at least in Florida.
Colin Rusch, Oppenheimer Sr. Research Analyst joins the Yahoo Finance Live panel to discuss what to watch with Tesla earnings.
It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts. If they happen, they’ll mean your SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 Trust (VOO) and Schwab U.S. Small-Cap ETF (SCHA) lose about half their value, in inflation-adjusted terms, by 2028.
Tesla topped second-quarter forecasts late Monday, amid chip and battery shortages among other issues hampering production.
Shares of Lithium Americas (NYSE: LAC) were up 8% as of midday Monday, in response to a ruling that the mining outfit can move forward with plans to excavate its Thacker Pass site in Nevada. Just as the name suggests, Lithium Americas is a key producer of lithium, the key component of batteries used to power electric vehicles. The industry continues to expand, with worldwide sales of electrified automobiles growing 41% last year even with the pandemic in place, according to numbers from the International Energy Agency.
Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland discuss bitcoin’s recent surge.
Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an "inflection point" for EVs.
Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland break down the market action for Chinese stocks amid the country’s crackdown on tutoring companies.
The host city for Nio, Inc.'s (NYSE: NIO) annual gala event, where it customarily makes new product and services announcements, has been finalized. What Happened: Suzhou, a city located west of Shanghai, China's business capital, has been finalized to hold the fifth annual Nio Day, the CnEVPost reported. The choice of the host city marks the culmination of a multi-step process that includes the invitation of bids, shortlisting of cities based on preliminary surveys and voting of Nio users on the
In this article, we discuss the 10 most-shorted stocks Reddit’s WallStreetBets is paying attention to. If you want to skip our detailed analysis of these stocks, go directly to the 5 Most-Shorted Stocks Reddit’s WallStreetBets Is Paying Attention To. Reddit forum WallStreetBets, with a user base of well over 10.7 million and growing, rose to […]
Nvidia chips power a future of self-driving cars and cloud gaming, while the global semiconductor market is in a supply crunch. Is Nvidia stock a good buy now?
Lucid Motors rose in Monday's debut with the luxury electric-vehicle startup becoming one of the biggest new EV stocks.
There's also something else that I'm convinced about: Buying certain dividend stocks when the market crashes is a smart idea. You can lock in fantastic yields when you invest in the right dividend stocks that are trading at low prices. What are the best stocks to scoop up during a major market meltdown?
Amid deep uncertainty about its ability to compete, this semiconductor giant may have what it takes to justify its risk.
Many technology stocks were big winners in 2020, but when the new year began investors seemed to lose a bit of their enthusiasm for the sector. Perhaps investors thought that tech stocks were flying too high or that other sectors could grow faster as the economy opened back up. Whatever the case, some fantastic technology stocks are currently on sale and savvy investors would be wise to head straight to the bargain bin.
What happened Shares of Moderna (NASDAQ: MRNA) slipped 3.7% on Monday as of the market close. The decline appeared to be related to a report in The New York Times that said the U.S. Food and Drug Administration (FDA) requested that COVID-19 vaccine makers expand their clinical trials for children between the ages of five to 11 before seeking emergency use authorization (EUA).
(Bloomberg) -- A selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.Stocks slumped on the mainland and in Hong Kong, with the benchmark CSI 300 Index dropping 3.2% and the Hang Seng Index tumbling 4.1%, the most since May last year. Steep losses in education stocks in the wake of a sweeping overhaul spilled over into other