The moves came as the automaker as company disclosed the results of an internal investigation into allegations made by the short-selling firm Hindenberg Research.
Yahoo Finance's Emily McCormick joined Yahoo Finance Live to break down the key takeaways from PayPal's recent earnings report.
HELSINKI (Reuters) -Nokia on Thursday raised its full-year outlook as promised after reporting a stronger-than-expected second-quarter operating profit, as the telecom equipment maker benefits from a sharp turnaround in its business. Shifting geopolitics and a sharp round of cost cutting have put Nokia firmly back in the global 5G rollout race just a year after CEO Pekka Lundmark took the reins, allowing it to gain ground on Swedish arch-rival Ericsson. "We have executed faster than planned on our strategy in the first half which provides us with a good foundation for the full year," Lundmark said in a statement on Thursday, but added that Nokia still expects typical seasonal effects to be less pronounced this year.
(Bloomberg) -- China’s largest private education firms are moving swiftly to overhaul their businesses to adjust to a harsh new reality after Beijing launched a sweeping crackdown on the $100 billion sector.Two of the sector’s biggest names have in past days reached out to reassure investors and managers their businesses remain viable and won’t abruptly collapse, according to people familiar with the matter. Yuanfudao, the $15.5 billion startup backed by Tencent Holdings Ltd. and DST Global, pla
Yahoo Finance's Dan Howley breaks down Qualcomm's Q3 earnings report.
Santosh Rao, Manhattan Venture Partners Head of Research, joined Yahoo Finance to discuss Facebook’s latest earning results.
Pfizer CEO is no stranger to risks, and hopes to repeat the company's COVID-19 success with an oral treatment.
The Federal Reserve is making an announcement on interest rates this afternoon after two days of meetings. Collin Martin, Director and Fixed Income Strategist for the Schwab Center for Financial Research, joins Yahoo Finance Live to discuss what he expects to hear from Fed Chair Jerome Powell.
What happened Shares of Moderna (NASDAQ: MRNA) rose on Wednesday after fellow drugmaker Pfizer (NYSE: PFE) reported strong sales of its COVID-19 vaccine and raised its full-year revenue forecast. As of 3:30 p.
The stocks of companies focused on alternative energy development -- and the hydrogen economy in particular -- jumped today, bringing them back into the black for the week. Specifically, as of 3:45 p.m. EDT, shares of electric vehicle maker Nikola (NASDAQ: NKLA) bounced 7.7%, Plug Power (NASDAQ: PLUG) stock was up 5.4%, and Bloom Energy (NYSE: BE) shares jumped 6.75%.
What happens when tech stocks slip into the penny profile? Huge potential – and solid reviews from some of the Street’s top-rated analysts. And why not? For investors, the digital tech field is a target-rich environment. Established companies and their newer competitors make headlines, and a spate of IPOs has brought new billion dollar unicorns to our attention. And with the rollout of 5G digital networks, there are more opportunities than ever in tech. And penny stocks – equities priced under $
Growth stocks are moving, and the popular ETF money manager is making moves. Let's dive into her shopping list to see some of the stocks she bought on Tuesday.
(PYPL) stock was tumbling after the payments company beat second-quarter earnings forecasts but offered below-consensus guidance. PayPal reported an adjusted profit of $1.15 a share, beating forecasts for $1.13 on sales of $6.24 billion, missing analyst estimates for $6.27 billion. PayPal highlighted the impact of (EBAY)‘s transition to a “managed payments” system as one source of slower growth.
EV charging stocks ChargePoint, Blink Charging and EVgo jumped on reports that funds for charging stations are in the infrastructure deal.
(Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat of an employee walkout with an all-staff email Tuesday, apologizing and calling the company’s recent actions “tone deaf.”Employees at Activision Blizzard called for the walkout on Wednesday to protest the company’s responses to a recent sexual discrimination lawsuit and demanding more equitable treatment for underrepresented staff.In Kotick’s message, the CEO said the company had hired law firm W
Jim Suva, Citi Managing Director in Equity Research specializing in technology joins the Yahoo Finance Live panel to discuss Apple’s latest earnings.
After a three-day slide, Chinese tech stocks were recovering today. Tutoring stocks like New Oriental Education and Tal Education Group started rebounding after nearly all of their value was wiped out in the sessions on Friday and Monday, and today much of the Chinese tech sector followed suit as news of the crackdown faded. Investors seemed to be eager to capitalize on the sell-off, anticipating that prices would only temporarily be depressed.
Robinhood's shares are priced ahead of its IPO and ready to trade on Thursday.
Anyone involved in the investing game will know it’s all about “stock picking.” Choosing the right stock to put your money behind is vital to ensure strong returns on an investment. Therefore, when the Wall Street pros consider a name to be a “Top Pick,” investors should take note. Using the TipRanks platform, we’ve looked up details on three stocks that have recently gotten ‘Top Pick’ designation from some of the Street’s analysts. So, let’s dive into the details and find out what makes them so
Flora Growth (NASDAQ: FLGC) surged as high as $7.95 in afternoon trading Wednesday, a rise of more than 50% to the highest level the stock has touched since its initial public offering in May. Colombia-based Flora, which just announced plans to move its corporate headquarters to Miami from Canada, cultivates cannabis and processes it into medicinal-grade cannabis oil and other products, which it supplies to pharmacies, cosmetics companies, and medical clinics. The cream, already sold in Canada, will now also be sold through Flora's distribution channels in Latin America.
Shares of BioNTech (NASDAQ: BNTX) climbed sharply higher on Wednesday, gaining as much as 11% earlier in the session, though the stock ended the trading day up 10.3%. The biotechnology company is known for partnering with Pfizer (NYSE: PFE) to co-develop the BNT162b2 COVID-19 vaccine. BioNTech road Pfizer's coattails higher today as the company reported strong sales of its vaccine and raised its full-year forecast as a result.