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's Seana Smith highlights which stocks are making moves in after-hours trading on Thursday.
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.
These chipmakers have started rallying, and they could head higher in the new year thanks to notable catalysts.
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.
If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.
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%.
We’re getting near an inflection point in the markets, and change is in the air. In the immediate short-term, the Fed is expected to slow down on its rate-hike policy. While another rate hike – seventh for 2022 – is widely predicted for this month, Fed Chair Jerome Powell made it clear yesterday that the Fed will likely raise rates by 50 basis points, rather than 75. Chalk that up to two factors: the slowdown in the rate at which inflation is increasing, per the October numbers, and the risk tha
The EV maker doesn't usually offer sales or haggle over prices, but subsidies taking effect in January seem to have changed things.
Both oil stocks offer big yields and are excellent choices for income investors, but one could outperform in certain situations.
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.
Is it safe to nuzzle up to Chinese stocks now? Investors had been keeping their distance from any stocks affiliated with the region as if they had a bad case of Covid. Which isn’t really that far from the truth. While U.S.-listed Chinese stocks have been under pressure from a whole host of reasons (fears of delisting, a harsh Chinese regulatory environment and a slowing domestic economy), the stringent zero-Covid lockdown measures have been a big reason for further depressing sentiment recently.
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.
Shares of Strum, Ruger rallied to a 4-month high, after the company declared a special dividend of $5.00 a share
Think price levels will be back to normal soon? Think again.