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Investors have a lot to be thankful for after the company reported third-quarter earnings yesterday.
Strong dollar puts additional pressure on precious metals.
Canadian pot producers Aurora Cannabis (NASDAQ: ACB) and Canopy Growth (NASDAQ: CGC) have been rivals for years. For the period ending Sept. 30, Canopy Growth reported revenue of 131.4 million Canadian dollars ($104 million). The company noted "continued price compression" in the Canadian market and more competition in international markets as some of the reasons its revenue hasn't been particularly strong of late.
Buffett is taking profits off the table. It might be time to do the opposite.
Wall Street skidded lower on Black Friday as investors reacted to fresh travel bans related to a variant of the coronavirus that causes COVID-19 called B.1.1.529, that has been identified in South Africa.
In this article, we discuss the 10 stocks that top hedge funds are selling. If you want to skip our detailed analysis of these stocks, go directly to Top Hedge Funds are Selling These 5 Stocks. Despite rising inflation and supply chain problems that have wreaked havoc with the United States economy in the past […]
Stifel Chief Equity Strategist Barry Bannister joins Yahoo Finance Live to discuss the investor implications of a newly discovered COVID-19 variant as we enter the second winter of the pandemic.
Major U.S. large-cap bank stocks struggled along with the broader market, which is reeling from new COVID-related fears and higher inflation.
While prices could spiral out of control, demanding a hawkish response from the Federal Reserve, it is more likely the central bank won’t be able to hike rates next year, given the economy’s frailty.
It’s exactly what investors didn’t want to hear as we close in on two years since the pandemic first reared its ugly head in China. A team at Saxo Bank advises traders to “tread with extreme care, given that near term volatility risks are extreme on the unfortunate timing, particularly giving the sudden shift in focus that this news brings relative to recent themes and current market positioning.” The one mercy for Friday is that it’s a shorter session for Wall Street.
Shares of Boeing (NYSE: BA) fell out of bed Friday, dropping 6.5% by 9:40 a.m. ET after Reuters reported the company might be out of the running to sell Canada new fighter jets. For more than a decade, Canada has been weighing the merits of buying F-35 stealth fighter jets from Lockheed Martin (NYSE: LMT) to replace the aging CF-18 jet fighters that currently make up the bulk of its fleet.
Nio is a Chinese stock, and that's just one of the reasons investors in the EV maker are worried.
The S&P 500 is still up almost 5% over the past seven weeks. That’s one reason a small dip isn’t concerning some strategists—yet.
The Dow Jones suffered its worst day of 2021 amid new Covid fears. Moderna stock popped. A Warren Buffett stock rebounded higher.
Time may be short to protect yourself from this threat to your portfolio.
As part of its corporate reset, IBM has spun off its low-margin services business. Why investors should steer clear.
Fears of the new Omicron Covid variant slammed the stock market Friday. Here's what investors should do now. Li Auto earnings are on tap.
Barron’s panned these three U.S.-listed Chinese EV start-ups in December 2020. Things look different now.
After the closing bell on Nov. 23, Autodesk (NASDAQ: ADSK) released its earnings report for the three months ending Oct. 31. The company, which sells software to engineers, designers, construction workers, and architects, reported strong growth for the quarter but ended up reducing its full-year free cash flow guidance because of foreign currency and supply chain headwinds. This caused the stock price to drop 17% the day after the announcement.
Investment bank Wedbush is reporting this morning that despite chip deficits and supply chain hurdles, the tech giant is on pace to sell 10 million iPhones this Black Friday weekend. As The Fly reports this morning, Wedbush analyst Daniel Ives is "seeing shortages in many Apple stores" -- which sounds like bad news, but is actually more evidence that Apple's iPhones are selling like proverbial hotcakes. In fact, according to the analyst, "10 million iPhones" could be just the beginning of the good news; through Christmas, Ives thinks Apple could move as many as 40 million units.
In this article, we discuss the 10 stocks that Warren Buffett is selling. If you want to skip our detailed analysis of these stocks, go directly to Warren Buffett is Selling These 5 Stocks. Warren Buffett, also known as the Oracle of Omaha, is one of the most well-known and successful investors of all time. […]