U.S. stocks attempt to move higher Thursday for a third straight day, despite earlier data showing first-time applications for unemployment benefits rose last week.
Nio stock is on the mend after a sharp sell-off. The China EV startup more than doubled Q2 sales year over year, despite the chip shortage.
Many different U.S.-listed Chinese technology stocks have been hit in recent days by fear and uncertainty related to a crackdown by the Chinese government. The battle took another turn today, but there's reason to think Chinese electric vehicle (EV) maker Nio (NYSE: NIO) might benefit. As of 3:20 p.m., Nio shares were up 4% on the day, after having jumped more than 6% earlier.
Pity the shareholders of Skyworks Solutions (NASDAQ: SWKS) -- they just can't catch a break. Skyworks, which was expected to earn $2.14 per share on $1.1 billion in third-quarter sales, last night reported EPS of $2.15 on sales of $1.12 billion. It was a small beat, but it was a beat -- yet Skyworks stock was still down 8.6% at noon today.
The company behind the popular business collaboration platform Jira delivered another strong earnings surprise in the fourth quarter.
Xilinx will substantially boost AMD's profile in the chip space and make it even more profitable.
What happened Shares of continuous glucose monitor (CGM) maker Dexcom (NASDAQ: DXCM) are up more than 9% this morning after reporting sales and earnings that beat analyst estimates. Management also increased its full-year guidance for both metrics.
The stock market gave back some of its recent gains on Friday, as high-profile earnings reports weighed on parts of the market. In particular, declines for the Nasdaq Composite (NASDAQINDEX: ^IXIC) were worse than most other stock indexes, with the Nasdaq down more than 0.6% as of 12:30 p.m. EDT. Many investors were displeased with a downbeat outlook from e-commerce giant Amazon (NASDAQ: AMZN), whose shares fell precipitously.
U.S.-listed Chinese companies traded lower in early trading on Friday on a Reuters report that the U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) and other sales of securities by Chinese companies.
Daniel Newman, Futurum Research Principal Analyst joins Yahoo Finance to break down Amazon's Q2 earnings results.
Brian Sozzi, Julie Hyman, and Myles Udland break down earnings which include: Amazon missing revenue estimates, Pinterest shares falling after reporting a significant decline in monthly users in Q2, and Procter & Gamble announcing a new CEO.
In this article, we discuss the 15 best high volume stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best High Volume Stocks to Buy Now. In May this year, the chief of the United States Securities and Exchange Commission Chair Gary Gensler appeared […]
As of 3:15 p.m. EDT, Amazon's stock price was down more than 7%. Amazon's net sales jumped 27% year over year to a staggering $113.1 billion, fueled by strong gains in its cloud computing and advertising businesses. Amazon's "other" segment, which is mostly comprised of advertising-related sales, saw even more impressive gains, with revenue rising a blistering 87%.
One early bitcoin investor has crunched the numbers on the crypto, and thinks it's looking mighty undervalued at the moment.
Exxon and Chevron reported strong Q2 earnings but struck contrasting tones on returning more capital the shareholders.
Wealthy families that set up investment funds known as "family offices" to manage their personal wealth would face stricter oversight from U.S. regulators under a bill advanced by a U.S. congressional panel late on Thursday. The bill was among 11 that lawmakers hope will address failings highlighted by March's meltdown of family office Archegos Capital which led to billions of dollars in losses for some banks and January's GameStop saga. Whether they pass or not, the bills considered by the House Financial Services Committee would increase the pressure on the U.S. Securities and Exchange Commission (SEC) to take swift action, analysts said.
Shares of Upwork (NASDAQ: UPWK) were sharply lower on Friday, slumping as much as 15.7%. For the second quarter, analysts had expected Upwork to lose $0.09 per share on revenue of $120.24 million. Instead, Upwork reported a wider loss of $0.13 on revenue of $124.2 million.
AbbVie stock fell Friday after the pharma company reported adjusted earnings of $3.11 per share on $13.96 billion in second-quarter sales. On average, analysts polled by FactSet expected AbbVie to earn $3.
With its rapidly produced and highly effective coronavirus vaccine, it's no surprise that Moderna (NASDAQ: MRNA) is one of the most-discussed stocks of the year. Right now, Moderna's market capitalization is about $137 billion. Moderna's trailing revenue is $2.73 billion, but it already has signed advance purchase agreements that should total $19.2 billion before the end of 2021.
Amazon stock was pummeled after delivering a second-quarter earnings report that missed estimates, as consumers spent less time online as the Covid-19 restrictions were eased.
In Q2, Novocure took in $133.5 million in revenue, 15% higher than in the same quarter last year. Unfortunately, prognosticators tracking Novocure stock were modeling nearly $141.9 million in revenue and a per-share net profit of $0.01. Greater China was a particularly lively market for Novocure, even though it remains relatively small.