Sea Limited's (NYSE: SE) stock plummeted nearly 80% this year and surrendered all of its gains from the past two and half a years. The Singapore-based e-commerce, fintech, and gaming giant lost its luster as its top line growth cooled off and its losses widened. Rising interest rates exacerbated the pain by broadly crushing higher-growth tech stocks.
Ryan Olohan was told there were "obviously too many white guys" on his management team.
Lucid shares fall after initially rising on talks of a possible buyout from the Saudi Arabian Investment Fund.
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good
Costco has a tremendously loyal customer base with an over 90% membership renewal rate worldwide and an even higher rate in the United States (92.5%) in its most recent quarter. Currently, Costco charges $60 for a Gold Star membership and $120 for an Executive membership. Executive members have been rising in importance for the company.
Johns Hopkins University professor of applied economics Steve Hanke shares his outlook on the upcoming Federal Open Market Committee decision on interest rates and the current state of the money supply.
Adani and his companies are facing accusations of fraud from a New York short-seller, threatening the group's shares and his fortune.
AGNC Investment (AGNC) delivered earnings and revenue surprises of 10.45% and 91.78%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
A pair of new, slightly more bearish takes on the company matched investors' downbeat mood on its prospects.
Yahoo Finance Live anchors discuss what's driving SoFi stock higher on Monday.
While every market advisor will tell you never to try to ‘time’ the market, timing is still important for success. Investors need to buy into low prices, and to do that, they need to know when prices are low. This doesn’t necessarily mean low in absolute dollar terms, but low relative to a stock’s recent past performance. In recognizing that lower price range, investors can turn to Wall Street’s pros for help. The analysts have been busy lately, picking out stocks that are in their lower price r
Dow Jones futures were little changed ahead of the Federal Reserve's two-day meeting and big earnings from Amazon and Apple this week.
Yahoo Finance Live’s Rachelle Akuffo discusses the decline in stock for Alibaba following rumors that the e-commerce company is moving its headquarters to Singapore, despite the company denying reports.
Yahoo Finance Live’s Brian Sozzi breaks down a JPMorgan analyst’s Underweight rating and $120 price target on Tesla stock.
The legendary investor remains highly bearish. And for good reason.
In this article, we will take a look at the 15 undervalued defensive stocks for 2023. You can skip this part and go to 5 Undervalued Defensive Stocks For 2023. Investors flocked to defensive stocks in 2022 amid recession fears and massive losses in the growth stocks space. Defensive stocks are favored by investors during […]
Morningstar Senior Equity Analyst Ali Mogharabi joins Yahoo Finance Live to discuss the expectations for Google’s fourth-quarter earnings, trends to watch for across digital advertising, macro environment uncertainty, and the outlook for tech ad spending.
Yahoo Finance Live anchor Seana Smith breaks down several trending stocks in the after-hours trading session.
(Bloomberg) -- Universa Investments, the hedge fund advised by “The Black Swan” author Nassim Taleb, told clients that ballooning debts across the global economy are poised to wreak havoc on markets rivaling the Great Depression. Most Read from BloombergWall Street Is Losing Out to Amateur Buyers in the Housing SlumpTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsAdani Rout Hits $68 Billion as Fight With Hindenburg IntensifiesEven on $100,000-Plus, More Americans Are Living
Buy and hold forever? Not always.
Pfizer's declining COVID-19 franchise and upcoming patent expirations have weighed heavily on its stock.
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