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The market has sold off tech and growth stocks recently, and an analyst recently initiated coverage on Nu Holdings.
Shares of the video game retailer GameStop (NYSE: GME) had popped nearly 26% as of 1:37 p.m. ET today as excitement over a potential short squeeze rose on social media. GameStop is the pioneer of the meme-stock movement that took 2021 by storm, so the stock is heavily susceptible to big random moves up and down. Today, it looks like interest in the stock on social media is building, as short interest has risen to the highest it's been in more than a year, according to analytics company Ortex.
The U.S.-listed shares of Alibaba Group Holding Ltd. were rising 4% in premarket trading Thursday after the Chinese e-commerce giant topped earnings expectations for its latest quarter. The company posted a fiscal fourth-quarter net loss of RMB16.24 billion ($2.56 billion), or RMB6.07 per American depositary share, compared with a loss of RMB5.5 billion, or RMB1.99 per ADS, in the year-earlier quarter. On an adjusted basis, Alibaba earned RMB7.95 per ADS, down from RMB10.32 per ADS a year before
Longtime homeowners and those whose property value has skyrocketed could be in for a particularly nasty surprise. Here are some ways to reduce the tax bill.
Yahoo Finance's Jared Blikre examines Nvidia's Q1 earnings report and its stock movements in comparison to the rest of the semiconductor industry.
Yahoo Finance Live's Jared Blikre reports on Tesla CEO Elon Musk boosting his equity commitments towards his bid for Twitter, now totaling $33.5 billion.
When the markets take a dive, your retirement savings could drop with them. Here is a four-step plan to beat the bear.
One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks. Using history as a guide, the S&P 500 (SPX) the Dow Jones Industrial Average (DJIA) and the Nasdaq Composite (COMP) stand to advance 15%-20% over the next three months. “Quality” means buying by insiders with strong records, buying by executives over directors who are further from the business, and bullish formations like cluster buys.
Yahoo Finance Live's Seana Smith looks at Costco shares ahead of the retailer's earnings report coming out tomorrow.
DEEP DIVE The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines.
Among the Dow Jones Industrial Average's 30 components are three that analysts believe could more than double over the next year.
Stock markets have been bearing the brunt of multiple headwinds in recent months. Persistently high inflation, slowing GDP growth, and a jobs market that, while expanding in absolute terms, is still down from pre-pandemic levels are feeding fears that we’re facing a round of ‘70’s-style stagflation. And these have combined with geopolitical factors – the Russia-Ukraine war, the resumption of severe lockdown policies in China – to ratchet up worries about recession in the near term. It’s a tradin
Medtronic plc (NYSE: MDT) today announced financial results for its fourth quarter and fiscal year 2022, which ended April 29, 2022.
(Bloomberg) -- Alibaba Group Holding Ltd. reported a better-than-expected 9% rise in revenue after Chinese consumers turned to online malls for basic needs during Covid lockdowns across the country.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackWhy So Few Big Rats Have Fled Putin’s ShipThese Are the Best — and Worst — Cities for Work-Life BalanceStocks Climb in Volatile Session After Fed Minutes: M
The semiconductor titan is dealing with some near-term macroeconomic challenges, but its long-term future remains bright.
Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of eight cents or seven per cent, to $1.28 per share, payable on and after August 24, 2022, to common shareholders of record at the close of business on July 26, 2022.
The current market conditions – the NASDAQ is down 28% year-to-date, and the S&P 500 is down 17% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, like those under $10, which offer both learning opportunities and huge upside potential. However, in evaluati
Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.
CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.83 per share on common shares(1) for the quarter ending July 31, 2022, payable on July 28, 2022 to shareholders of record at the close of business on June 28, 2022.
(Bloomberg) -- Elon Musk wants to mine it, China is scouring Tibet for it, battery makers are crying out for it. Lithium, the wonder metal at the heart of the global shift to electric cars, is in a full-blown crisis. Demand has outstripped supply, pushing prices up almost 500% in a year and hindering the world’s most successful effort yet to halt global warming.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Te
Nvidia beat earnings expectations for Q1, but fell short on its estimates for Q2.