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.
Lucid (LCID) shares soared as much as 88% on Friday and were repeatedly halted for volatility following speculation that Saudi Arabia's Public Investment Fund is considering buying a remaining stake in the luxury electric vehicle startup.
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.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been a money machine for his shareholders since taking the reins in 1965. Through this past weekend, he's presided over a nearly 3,800,000% increase in the value of Berkshire's Class A shares (BRK.A).
Asia's richest man is rocked by a U.S. short-seller's allegations of fraud and money laundering.
Yahoo Finance Live co-host Seana Smith checks out some of the stocks trending in the after-hours trading session.
On a modestly up day for tech stocks, with the tech-heavy Nasdaq up nearly 1 full percentage point as of 12:25 p.m. ET, shares of tech giant Amazon (NASDAQ: AMZN) are doing better than most -- rising a solid 3%. It would seem they're doing so for a very "techie" reason: non-fungible tokens (NFTs). An Amazon NFT initiative is coming soon, said crypto news source Blockworks in a report late yesterday afternoon.
STOCKSTOWATCHTODAY BLOG Lucid soared Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubled, to $17.
Is it the key to better mental health? Or just plain lazy?
After it was voted down, Mullen's stock raced to a 10% increase over the course of the week, according to data compiled by S&P Global Market Intelligence. In a special meeting of shareholders held on Wednesday, Mullen conducted a vote on that reverse stock split. While maintaining a stock market listing isn't do-or-die for businesses, maintaining a presence is vital for both prestige and for potential capital-raising efforts in the future.
Tesla shares are jumping for a 2nd day as investors and analysts continue to break down what was revealed during Tesla’s Q4 earnings report. Gary Black of the Future Fund says it was the Cybertruck news that's the most important.
Through the close of yesterday's trading session, shares of Canoo (NASDAQ: GOEV) seemed to be on track end the week lower than they began. As of 2:12 p.m. ET, shares of Canoo are up 8.5%, having retreated from their earlier rise of 13.4%. After the market closed yesterday, Canoo announced that Ken Manget had been appointed chief financial officer, replacing Ramesh Murthy, who had served as the interim CFO.
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.
In today’s digital world, there will always be a need for cybersecurity. Too many of our essential systems, everything from the upper levels of government and finance to the automation systems that run the traffic lights, depend on online connections for us to ignore the basics of securing our computer networks. Recent events, including the ongoing questions about election integrity, deep macroeconomic volatility, and the Russian war in Ukraine, have simply underscored the importance of cybersec
Intel's turnaround hits another snag. CEO Pat Gelsinger sits down with Yahoo Finance.
Let's see if some analysis can provide the answer to whether or not investors should consider SoFi stock right now. Today, while student financing remains a major part of its business, it offers a broad array of services, such as personal banking, investing, credit cards, and mortgages.
Don't beat yourself with someone else's yardstick.
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.
Two-year U.S. Treasury notes were yielding 4.22% early Friday, while 10-year Treasury notes were yielding 3.56%. A lower long-term interest rate means investors expect to profit when a slowing economy causes the Federal Reserve to change its policy and push interest rates down. Bond prices move in the opposite direction and long-term prices are more sensitive.
Yahoo Finance Live examines Chevron shares following a disappointing earnings report and the energy company's stock buyback program.