Yahoo Finance Live's Jared Blikre breaks down Mizuho's price target cuts on EV competitors Tesla and Nio.
Most stocks slumped heading into the close aside from the cannabis sector, which surged on news of President Biden pardoning all prior federal offenses for simple marijuana possession.
It works out to $93K per person.
The message is simple. Be greedy when others are fearful.
Investors are facing a storm of headwinds right now – a genuine bear market, stubbornly high inflation, rising interest rates, and increased fears of a recession in the near-term. However, Mary Callahan Erdoes, CEO of JPMorgan's Asset & Wealth Management division, advises investors to stay invested. "It's actually the easiest time in the world to find alpha — there is alpha everywhere... It's everywhere, because we are in such a state of change... While all the world is focused on all the black
Costco offers a very simple proposition to its members. Basically, Costco offers no frills -- its stores aren't just called warehouses, they actually are warehouses -- and items are basically just stacked on pallets. Costco also puts relentless pressure on its vendors to squeeze out every penny of cost from each item.
Levi Strauss, AMD and Tilray are among the top trending stocks in after hours trading on Thursday, October 6, 2022.
(Bloomberg) -- Signs are piling up that the tech downturn may be deeper and longer-lasting than feared. Most Read from BloombergMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueKremlin Lets State Media Tell Some Truths About Putin’s Stalling WarNord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.Stocks Slide With Anxiety Running High Before Jobs: Markets WrapAfter years of record capital spending, c
The chip maker warned that revenue for the third quarter would be lower than expected. CEO Lisa Su said that the PC market has "weakened significantly."
Two of the major cruise line operators on the scene, Carnival (NYSE: CCL)(NYSE: CUK) and Royal Caribbean (NYSE: RCL), had very different voyages on the stock market Thursday. Carnival didn't quite barrel into an iceberg, but investors nevertheless bailed, sinking its main class of shares by over 6%. On the other hand, Royal Caribbean enjoyed a pleasant sailing, gaining more than 1% on the day.
Frontline workers are stressed by the limited-time promotion that runs through the end of October.
“If you buy at the (inflation) peak, you do pretty darn well over the next 12 months,” says investment strategist Jim Paulsen.
Elon Musk said Tesla plans to deliver its first all-electric semitrailer truck to food and beverage maker PepsiCo in December, roughly five years after the billionaire revealed the vehicle. Mr. Musk reiterated Thursday that the truck would be able to travel 500 miles on a single charge, as had been planned. If Tesla meets its chief executive’s latest stated timeline, the semitrailer truck would be the first new model the company is putting in customer hands since early 2020.
The major indexes reversed from short-term levels Thursday with the September jobs report on tap. Twitter fell as Elon Musk made new demands. AMD warned late.
I'm over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I have a steady stream of other income. -Bernie Tax-deferred accounts, such as 401(k)s and traditional individual retirement accounts (IRAs), are potentially great … Continue reading → The post Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite? appeared first on SmartAsset Blog.
POUGHKEEPSIE, N.Y. (Reuters) -President Joe Biden on Thursday championed his administration's push to subsidize U.S. semiconductor chip manufacturing and boost blue-collar jobs at a visit to an IBM Corp facility in New York. IBM plans to invest $20 billion in New York's Hudson Valley region, once a manufacturing powerhouse, over the next decade to make and develop semiconductors, mainframe technology, artificial intelligence and quantum computing. "Where is it written that we can’t lead manufacturing in the world?” Biden said.
Elon Musk bought himself some time on Thursday, after a judge accepted the billionaire's request to halt a Twitter lawsuit to allow him to close his proposed $44 billion buyout of the social media company by Oct. 28. Musk said earlier this week he would buy Twitter for $54.20 per share, the price that was agreed in April, but included a condition that the closing of the deal be contingent on debt financing for the transaction coming through. Musk has pledged to provide $46.5 billion in equity and debt financing for the acquisition, which covers the $44 billion price tag and closing costs.
(Bloomberg) -- Advanced Micro Devices Inc.’s preliminary third-quarter sales missed projections by more than $1 billion, adding to concerns about the sputtering market for personal-computer chips and sending its shares sliding in late trading.Most Read from BloombergMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueKremlin Lets State Media Tell Some Truths About Putin’s Stalling WarNord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US Agency Packed Top-Secret Document
Let's face it - searching for stocks is difficult, especially with so many options available. One way to cut out the bad apples is by focusing on stocks with strong free cash flow.
OPEC+ announced it’ll slash output by 2 million barrels per day (bpd) on Wednesday (Oct. 5), the biggest cut since the pandemic started in 2020. The White House’s reaction was swift, calling the decision “shortsighted” and accusing the oil cartel of “aligning with Russia.”