Millions of Americans hit stores for Black Friday, but some retailers are scaling back doorbusters and trying to get consumers to do more holiday shopping online.
Yahoo Finance's Pras Subramanian breaks down Tesla earnings and how supply chain challenges are striking the electric vehicle company.
Yahoo Finance's Ines Ferre breaks down how Boeing and AT&T are trading after the companies reported earnings.
Shares of telecommunications giant AT&T (NYSE: T) tumbled in Wednesday afternoon trading, despite the company reporting an earnings beat in the morning. Ahead of the fourth-quarter release, analysts had forecast AT&T would report $0.76 per share in adjusted earnings on $40.4 billion in revenue. Revenue came in just under $41 billion, and AT&T earned $0.78 per share on a pro forma basis.
(Bloomberg) -- Jeremy Grantham got the market’s attention with his “super bubble” call on U.S. stocks. Now he wants to get an even more alarming and urgent message out, one his critics may find harder to accept. Most Read from BloombergA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStock Rebound Fails and Futures Plunge on Earnings: Markets WrapMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksAstronomers Spot Never-Before Seen Object at 4,000 Light-Years AwayNvi
Markets have reeled since the Federal Reserve announced, through the release of the December minutes, that the central bank would like to take a big whack at its $9 trillion balance sheet rather than keep it at that lofty level. Value stocks, they argue, will continue to be boosted by the transition from quantitative easing to quantitative tightening, as the Fed pivots from fighting deflation to fighting inflation. By and large, the Goldman team says most of the moves in the market have been explained by fundamentals, but it says some defensive sectors, including food and beverages, household goods and personal products, may have rerated too much, while semiconductors may have sold off by too much.
Technology stocks have continued to see heavy selling activity in 2022. Cathie Wood has been buying the dip in three names in particular.
(Bloomberg) -- U.S. equity futures and Asian stocks slid Thursday as Federal Reserve Chair Jerome Powell’s signal of a March interest-rate liftoff and the possibility of unexpectedly aggressive tightening whipsawed markets.Most Read from BloombergPowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapScientists Identify Factors That Appear Linked to Long CovidAstrono
Yahoo Finance's Jared Blikre breaks down Intel's latest quarterly earnings.
In the tech giant's fiscal fourth-quarter report, investors should focus on results in the gaming and data center businesses and guidance.
(Bloomberg) -- Tesla Inc. set a record for profit but warned that supply chain problems will keep it from introducing new vehicle models this year while it focuses on expanding production of its current lineup.Most Read from BloombergPowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapScientists Identify Factors That Appear Linked to Long CovidAstronomers Spot Nev
(Bloomberg) -- The stray tweet stood out: Why not start a fund to bet against Cathie Wood, the star investor who’s been stumbling so hard?Most Read from BloombergPowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapScientists Identify Factors That Appear Linked to Long CovidAstronomers Spot Never-Before Seen Object at 4,000 Light-Years Away“Holy crap, that’s a grea
Futures tied to Wall Street’s major indexes rose slightly in extended trading Wednesday after a turbulent earlier session that saw stocks reverse gains into close after the Federal Reserve signaled interest rates could come as soon as March.
Elon Musk has been driving Telsa's new Cybertruck and he thinks it's 'awesome.' An electric truck opens a substantial new market for Tesla.
The precious-metals miner provided an update on reserves at its main mine, and it was not a pleasant read.
A lawyer helped us create a “cohabitation agreement” for our house purchase. If things go well, my current company of five years could IPO and make me a multi-millionaire. A cohabitation agreement is smart, especially if you own a home together.
Intel reported fourth-quarter revenue of $19.5 billion, easily beating estimates. But the company's outlook was a bit disappointing.
Stocks ended mixed on Wednesday following the Federal Reserve's latest monetary policy decision, in which the central bank affirmed market expectations that it was nearing the start of interest rate hikes as the economic recovery progressed and inflation remained hot. However, the Fed offered little in the way of concrete details about the timing and speed of its balance sheet reduction process.
Rowan Street Capital LLC, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. In its letter, the fund said that the recent quarter was particularly tough in terms of market performance for most digital economy stocks and for its focused strategy, where its portfolio declined -12.3%. […]
(Bloomberg) -- Apple Inc. is planning a new service that will let small businesses accept payments directly on their iPhones without any extra hardware, according to people with knowledge of the matter.Most Read from BloombergPowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapScientists Identify Factors That Appear Linked to Long CovidAstronomers Spot Never-Befor
Shares of Nvidia Corp. tops a list of tech shares that would be expected to bounce back strongly over the next month, according to an artificial-intelligence screening platform.