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Despite positive material updates, the biotech's shares couldn't escape the market-wide downturn among growth stocks this week.
Yahoo Finance's Emily McCormick breaks down quarterly earnings for Costco and Gap.
General Electric explores the potential for 100% hydrogen fuel. Hydrogen fuel stock investors rejoice.
Nio (NYSE: NIO) stock soared this morning and was trading up a solid 9% at 10:20 a.m. ET. Nio's latest expansion plans are reassuring investors about the company's growth potential even as they realize Nio's stock price may not be hit too hard if the company makes a bold move similar to the one a Chinese stock made today. Aside from its domestic market, China, the only other market Nio has entered so far is Norway, where it first launched its SUV, ES8, in September and opened a Nio House in October last year.
The market is unstable. Your portfolio doesn’t need to be.
As of 2:33 p.m. ET, Amazon's stock price was up nearly 5%. Like many retailers, Amazon's profits have been dented by coronavirus-related supply chain disruptions and geopolitical-driven energy price increases. At the same time, Amazon is dealing with an excess of fulfillment capacity.
The company's protein-based shot has been authorized or approved in several other countries, including the U.K. and Singapore.
Yahoo Finance Live’s Emily McCormick breaks down the stock rise for Broadcom and VMware after an acquisition deal was announced.
The stock market is a game of risk and calculation, and in recent months the risks are mounting. The first quarter of 2022 showed a net negative GDP growth rate, a contraction of 1.4%; another contraction in Q2 will indicate a recession. Wall Street’s experts are trying to look ahead, to see through the fog of uncertainty and get some feel for where things are going. Covering the market for Morgan Stanley, chief US equity strategist Michael Wilson believes that we’ll dodge the recession bullet –
In this article, we will look at 10 undervalued stocks to buy according to billionaire Leon Cooperman. If you want to skip reading about Leon Cooperman’s early life, investment philosophy, and his hedge fund’s performance, you can go directly to 5 Undervalued Stocks to Buy According to Billionaire Leon Cooperman. Leon Cooperman is an American […]
Shares of cloud computing company Nutanix (NASDAQ: NTNX) fell sharply this morning after that the company reported a third-quarter loss that was far worse than expected and issued revenue guidance that was below Wall Street's average estimate. Nutanix's third-quarter sales increased 17% from the year-ago quarter to $403.7 million and beat analysts' consensus estimate of $397.9 million. Nutanix's diluted loss per share of $0.50 in the quarter was an improvement from a loss of $0.60 in the year-ago quarter, but it was far worse than the loss of $0.22 that Wall Street was expecting.
In this article, we discuss the 10 stocks hedge funds are dumping amid the tech selloff in 2022. If you wish to skip our comprehensive review of the latest market situation around tech stocks, go directly to Tech Selloff: Hedge Funds are Dumping These 5 Stocks in 2022. Investors are offloading growth stocks that don’t […]
A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.
Chipmaker Marvell Technology edged above Wall Street's targets for its first quarter and guided slightly higher for the current period.
When the markets take a dive, your retirement savings could drop with them. Here is a four-step plan to beat the bear.
Investors are looking past a lackluster quarter to focus on the company's bigger-picture overhaul.
AbbVie , the research-based biopharmaceutical company that was spun off from Abbott Laboratories in 2013, has made an impressive move higher the past nine years. Recently, ABBV pulled back from an April high but the correction is showing signs it is over. In the daily bar chart of ABBV, below, we can see that the shares declined below the 50-day moving average line and its slope is cresting.
Shares of the Chinese e-commerce company Alibaba Group Holding (NYSE: BABA) spiked this morning after the company reported fourth-quarter results that beat analysts' consensus top- and bottom-line estimates. Alibaba reported non-GAAP (adjusted) earnings per American depository share (ADS) of $1.25 in the quarter, which was a 23% drop from the year-ago quarter but far above Wall Street's consensus estimate of $1.10 for the quarter. Additionally, Alibaba's revenue increased 9% in the quarter to $32.1 billion, which was better than the average analyst estimate of $29.9 billion.
Ford has been walloped. But this Wall Street firm says it has the gas to come back strong.
Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.
Yahoo Finance Live anchors discuss the Twitter stock surge as Elon Musk renegotiates his takeover bid.
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