Rapper Coolio, most famous for his hit song "Gangsta's Paradise," died at age 59 on Sept. 28, TMZ reported. At the time of his death, the performer held an estimated net worth of $1.5 million,...
Leaving these accounts open could tarnish your golden years.
Yahoo Finance Live examines Carnival Cruise's stock after its latest earnings miss signifies a much longer path to profitability than expected.
Yahoo Finance Live anchors discuss stock performance for cruise lines.
The bear market in software stocks has already lasted far longer than the typical decline, according to MoffettNathanson,
September is living up to its reputation as an ugly month for stocks. Here's what the data says about October performance.
When ByteDance bought the Chinese VR headset maker Pico a year ago, the message it sent was clear: it was betting that the immersive device would be where future generations spend most of their time consuming digital content. It's a marriage reminiscent of Meta's acquisition of Oculus back in 2014, except the world is now in a different place with technological advances that make VR headsets cheaper, less laggy, and more comfortable to wear. The TikTok parent has long aimed to compete in a market dominated by Oculus's VR devices for consumers.
Tesla CEO Elon Musk promised last year to have a working prototype of the Optimus robot ready to show off at AI Day 2022. On Friday, he debuted one.
Carly is staying on top of the story and reports that there is “no immediate fix.” Eyeing that sweet capital: Manish has a scoop that Uniswap Labs, a decentralized exchange, is going after over $100 million in new funding. Stream on: YouTube TV is offering a new à la carte option that enables subscribers to purchase stand-alone networks without subscribing to the full channel lineup in its Base plan, Lauren reports.
Inflation, interest rates, and recession – these are the bogeymen of investing, and they’ve been watching over our shoulders for the past several months. We all know the story by now, the rate of inflation is running at generational highs, the Federal Reserve is hiking rates in an attempt to push back against high prices, and that’s likely to tip the economy into recession. At a time like this, investors are showing a growing interest in finding strong defensive portfolio moves. It’s a mindset t
Billionaire investor Stanley Druckenmiller sees a “hard landing” by the end of 2023 as the Federal Reserve’s aggressive monetary tightening will tip the U.S. economy into recession.
Shares of Annaly Capital Management (NYSE: NLY) were among the losers this week as rising mortgage rates threatened to squeeze the mortgage REIT, and one analyst expressed caution on the stock. The company also executed a reverse stock split at the beginning of the week. Since the rate hike, which came with hawkish commentary from Fed Chair Jerome Powell, investors seem to believe the risk of a recession has grown, as well as the likelihood of a sustained high-interest-rate environment.
States are stepping in with financial aid as White House remains silent on new round of federal funding.
(Bloomberg) -- Mohamed El-Erian has a cautionary word for anyone anticipating an end to interest-rate increases from the Federal Reserve and other central banks.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMarjorie Taylor Greene’s Husband Files for Divorce After 27 YearsMeta to Cut Headcount for First Time, Slash Budgets Across TeamsPutin Says Annexation Is Forever, Defends Ukraine L
Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.
Semiconductor stocks have tumbled in recent months amid flagging demand, with the S&P Semiconductors Select Industry Index dropping 36% year to date. Bank of America analysts recently discussed their favorite choices in the sector.
The Dow Jones is at bear market lows. Tesla showed off the Optimus robot at AI Day. Tesla deliveries are on tap, with China EV rival Li Auto topping forecasts.
Warren Buffet's mentor Benjamin Graham is famous for insisting that investors look at large declines in the stock market as a discount or sale, rather than panic. Here's a look at two quality tech stocks that have a chance to go back to their previous highs once macroeconomic conditions stabilize.