Shares of Farfetch (NYSE: FTCH) were plunging 23.6% in afternoon trading on Thursday after the online luxury fashion marketplace filed a business update with the Securities & Exchange Commission. Farfetch said it will host a Capital Markets Day with financial analysts and institutional investors today that will discuss in greater depth the company's strategic growth plan. On the surface, the guidance Farfetch shared wouldn't seem to warrant the collapse in its share price.
Profit from folly. Don’t participate in it.
Yahoo Finance Live checks out shares of the Blackstone Group after announcing limits to withdrawals from real estate funds.
There is no shortage of beaten-down stocks in the market, and that's true of Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) closely watched portfolio. Berkshire owns about four dozen different stocks, many of which were hand-picked by Warren Buffett himself, and many are down by 20%, 30%, or much more from recent highs. It's rare to find a company that is dominant in two distinct industries, but Amazon (NASDAQ: AMZN) certainly falls into this category.
Shares of Costco fell after November data revealed a drop in sales.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
CrowdStrike stock is a buy today -- but there's an even better bargain out there for stock investors.
Both oil stocks offer big yields and are excellent choices for income investors, but one could outperform in certain situations.
Shares of Tesla Inc. end flat on Thursday, seeming to ignore a potential catalyst later in the day with the electric-vehicle maker launching its electric commercial truck, the Semi, after years of delays.
Retirees or others looking for dividends can look at tobacco staple Altria Group (NYSE: MO) to stabilize their portfolio and put some money in their pockets. Altria isn't a stock for everyone, but here is why those holding it can sleep well at night, knowing that their investment is generating reliable dividend income. Zoom out enough, and you'll see that Altria's been a rough stock to hold over the past five years.
Tesla is expected to unveil its long awaited Semi, a 18-wheeler long-haul electric freight hauler, Thursday after it was first announced five years ago. Tesla stock climbed during market trading before dropping after the market closed. The Tesla Semi has been five years in the making.
These chipmakers have started rallying, and they could head higher in the new year thanks to notable catalysts.
Fisker said it intends "to take immediate and aggressive action to address the false and misleading claims made by Fuzzy Panda Research," adding that it owns the intellectual property for the Fisker Ocean Platform. In a report disclosing an unspecified short position earlier on Thursday, Fuzzy Panda Research said that Fisker's access to its funds is limited by bank guarantees that set a mininum cash balance.
There are plenty of attractive stocks that offer high dividend yields and are ripe for the picking as we roll into the end of the year. Here are three high-yield dividend stocks to buy in December that especially stand out. Ares Capital Corporation (NASDAQ: ARCC) offers a juicy dividend yield of over 9.7%.
The EV maker doesn't usually offer sales or haggle over prices, but subsidies taking effect in January seem to have changed things.
Yahoo Finance Live anchors discuss the decline in stock for Salesforce following news that co-CEO Bret Taylor will step down.
In this article, we discuss the 12 safest stocks to invest in. If you want to see more stocks in this selection, check out 5 Safest Stocks To Invest In. The stock market outlook for 2023 is rather dismal as per the majority of Wall Street analysts. According to Deutsche Bank, global stocks are forecasted […]
Sales of food and sundries climbed by double digits, while, non-food categories were largely lower, hurt by products like electronics and jewelry.
I will be 72 years old on Feb. 10, 2023. I have a traditional individual retirement (IRA) account. Most of the money is tied in stocks, and the stocks this year are way down. If I sell to pay the … Continue reading → The post Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year appeared first on SmartAsset Blog.
Elon Musk and Tesla changed the way consumers think about and look at cars. The groups are investing billions of dollars to develop electric vehicles. Consumers are also following developments, since their demand for these green vehicles is rising sharply even as the cars remain expensive and the numbers of charging stations continue to lag.