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The deal included 102 properties in the U.S. and 22 properties across the U.K., Germany and the Netherlands
Despite sell-offs roiling the broader market, the stock of Digital World Acquisition (NASDAQ: DWAC) is rocketing higher today. There doesn't appear to be any fresh news powering the gains, but excitement surrounding the stock is surging ahead of the company's merger with Trump Media & Technology Group and the launch of their social media platform, Truth Social. It's a social media service backed by Donald Trump that's on track to launch Feb. 21, and investors are pouring into Digital World Acquisition stock ahead of the debut.
Nothing seems to be going right for Novavax (NASDAQ: NVAX) these days. The European Commission granted authorization to Novavax's Nuvaxovid COVID vaccine in December. On Jan. 14, HAS approved Nuvaxovid, making it the fifth COVID-19 vaccine approved in the country.
The IRS has good news for retirees starting in 2022: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs). For the first time in 20 years, the Internal Revenue Service has … Continue reading → The post Good News for Retirees: RMD Formula Changing for First Time in Decades appeared first on SmartAsset Blog.
Bill Baruch, Blue Line Futures President, and Jason Ware, Albion Financial Group Partner and Chief Investment Officer, join Yahoo Finance Live to discuss market lows, the Fed, the financial and bank sectors, and investing opportunities amid high volatility periods.
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
The stock market has gotten off to a rocky start in 2022, and Tuesday delivered another day of sell-offs and a 1.8% drop for the S&P 500 index. Amid the turbulent backdrop, Palantir (NYSE: PLTR) stock closed out the day down 6.5%. There wasn't any company-specific news driving the big-data company's most recent slide, but growth-dependent technology stocks have had a rough go of things lately due to a multitude of macroeconomic risk factors, and these were once again highlighted in Tuesday's trading.
Chinese President Xi Jinping took to the virtual stage at Davos to address Fed Chair Jerome Powell -- please don't lift interest rates.
What happened Chinese electric vehicle maker Nio (NYSE: NIO) was one of many electric vehicle companies whose shares were trading lower on Tuesday afternoon, amid a broad market decline triggered by rising rates on government bonds.
California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.
J.P. Morgan Asset Management Global Market Strategist Jack Manley joins Yahoo Finance Live to discuss stocks selling off, fourth quarter earnings for big banks, inflation data, and the Fed.
Shares of the consumer goods giant dropped as investors digested a failed attempt to buy its way into the healthcare niche.
Share prices of Rivian Automotive (NASDAQ: RIVN) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. Howard Smith: Markets aren't always efficient, and that's how investors can gain an advantage.
With 4Q21 earnings season kicking off, RBC’s Jospeh Spak believes the quarter’s results will take a back seat to 2022 guidance. And the analyst thinks companies are likely to provide “fairly prudent” outlooks. Looking at the case of Plug Power (PLUG), this is evidently true; compared to Spak’s revenue forecast, the company is taking the safe route. The hydrogen specialist’s preliminary 2022 revenue guide has called for sales between $900-$925 million – broken down to $600 million for material ha
(Bloomberg) -- Microsoft Corp. is buying Activision Blizzard Inc. in a $68.7 billion all-cash acquisition, uniting two of the biggest forces in video games. It’s the software maker’s biggest deal ever, almost three times as large as the 2016 purchase of LinkedIn. Here are five key reasons why it happened.Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsStock Selloff Deepens as Treasu
In this article, we discuss the 10 dividend stocks to buy according to Ken Fisher based on Q3 holdings of his fund. If you want to skip our detailed analysis of Fisher’s history, investment philosophy, and hedge fund performance, go directly to the 5 Dividend Stocks to Buy According to Ken Fisher. Kenneth Lawrence Fisher […]
These three top growth names are already down a lot and trade at fair prices, but could become really huge bargains if the market falls more amid rising interest rates.
Meme stock trio AMC Entertainment (NYSE: AMC), GameStop (NYSE: GME), and Tonix Pharmaceuticals (NASDAQ: TNXP) were all lower in morning trading Tuesday following the long weekend. There was no news directly associated with any of the stocks, but GameStop has a tangential relationship to big market news -- though it may surprise a few people its shares are moving in the direction they are. Microsoft announced this morning it was acquiring Activision Blizzard for almost $70 billion in cash, or around $95 per share.
It's not the "A" tech stock investors were clamoring for on the day, plus there was some discouraging legal news for the company.
Another round of earnings from bank stocks came out to begin the new week, and investors weren't entirely pleased with the trends that they're seeing. Industry giant Goldman Sachs (NYSE: GS) saw a substantial pullback after releasing its results, but its decline was small compared to those that another bank with close ties to the cryptocurrency sector suffered Tuesday morning. Below, you'll learn more about Goldman's results and then find out which bank stock is down even more sharply.
2021 is already firmly in the past, but on Wall Street, the year won’t be truly over until companies report 4Q21’s financials. That said, when SoFi Technologies (SOFI) steps up to the earnings plate next month, Morgan Stanley’s Betsy Graseck believes all eyes will be on the outlook for 2022. After showing ~60% top-line growth in 2021, Graseck believes the bears are “skeptical of strong revenue growth continuing, looking for a sharper slowdown in 2022.” Graseck is no SOFI bear, but also anticipat