The $2.2 billion listing will see the company beat China’s Ant to the public markets, but it isn’t the dominant player in payments that it wanted to become.
The social media tailwinds pushed Canoo's shares up by 13.4% for the day, and apparently took several other EV stocks along for the ride, including the embattled truck maker Lordstown Motors and battery start-up Quantumscape. Lordstown Motors shares have been buzzing since late August when the company announced the hiring of new CEO Daniel Ninivaggi, who brings with him rich experience in the automotive industry. Investors hope that Ninivaggi can help turn the company's fortunes around and address some pressing concerns, such as the ongoing investigations into Lordstown for allegedly inflating production and demand numbers for its Endurance pickup.
Is it time to copy the fourth-richest person in the world?
Yahoo Finance's Ines Ferre breaks down the key takeaways from Nike's Q1 earnings release.
Emily McCormick joined Yahoo Finance Live to break down Costco's latest earnings report.
In the face of powerful stock market strength, it's important to focus on the long term for the best results.
ARK Invest buys more into a pair of sports betting plays and one of its largest holdings that has come under pressure lately.
What happened Shares of InMode (NASDAQ: INMD), a provider of devices that harness radiofrequency energy for cosmetic surgical procedures, are up 20% this week as of the close on Thursday afternoon. Image source: Getty Images.
Chinese Estates, which is controlled by Hong Kong billionaire Joseph Lau and his wife, Chan Hoi-wan, said it had recently pared its stake in Evergrande and it was seeking shareholder approval to potentially sell the remainder.
Cathie Wood believes in the potential of gene editing. It's not surprising that Wood's ARK Genomic Revolution ETF (NYSEMKT: ARKG) and ARK Innovation ETF (NYSEMKT: ARKK) have invested heavily in several gene-editing stocks. The ARK Innovation ETF recently sold some of its shares of Editas Medicine (NASDAQ: EDIT).
‘I have made an earnest attempt to get the bank to take their money back, so I was wondering if at any point or time the money would become legally mine.’
Every investor wants to find the best market returns, and they’ll follow a variety of strategies to get there. One common strategy – and one that offers plenty of promise for investors who don’t mind shouldering the extra risk – is to go after penny stocks. Traditionally seen as stocks priced for just pennies per share, these equities are now defined as those with a share price of $5 or less. For the tough-minded investors, these low-cost stocks present a combination of risk/reward that few othe
Let's talk about the popular Micron Technology, Inc. ( NASDAQ:MU ). The company's shares received a lot of attention...
Palantir Technologies Inc (NYSE: PLTR) was flying over 5% higher on Thursday propped up by overall market strength and continued interest in the r/WallStreetBets community of retail traders. The stock has been trading in a steep uptrend since reaching a July 19 low just above the $20 mark. Options traders hammered bullish call contracts throughout the day believing the stock has more room to run. The options traders purchased over millions worth of calls with one trader paying $201,150 for a sin
One sector of the market has truly tanked. Here is the ugly, but true data.
Novavax Inc. (NASDAQ: NVAX) shares are rallying after the company announced it finalized an advanced purchase agreement with the European Commission for the purchase of up to 200 million doses of its COVID-19 vaccine. Novavax is up 11.72% at $259.20 at publication time. Novavax Daily Chart Analysis Shares look to be nearing resistance in what technical traders call an ascending triangle pattern. The stock has found resistance near the $260 in the past, and the stock looks to be nearing this area
NVIDIA Corporation (NASDAQ:NVDA ) is in the enviable position of supplying components to some of the fastest growing industries in the world - including gaming, cloud computing, artificial intelligence, visualization, and cryptocurrency mining. With a market value of $538 billion, Nvidia is the 11th most valuable company listed on US markets, and on the verge of overtaking TSMC as the most valuable semiconductor manufacturer.
These companies have delivered handsome dividend growth and can continue doing so in the years to come.
Lockheed Martin Corp. (LMT) said late Thursday its board raised its dividend and its authority to buy back stock. The aerospace company said its fourth-quarter dividend of $2.80 a share represents a 7.6% increase and is payable Dec. 27 to shareholders as of Dec.1. Lockheed Martin shares were up 0.5% after hours, following a 0.7% rise in the regular session to $344.20.
U.S. Federal Reserve Chair Jerome Powell said “there's not a lot of direct United States exposure” to Evergrande’s debt.
Shares of Bank of America (NYSE: BAC) and Citigroup (NYSE: C) were trading nearly 4% higher in the final hour of trading Thursday as the broader market rallied from what has been a difficult few weeks. Like a lot of the market, bank stocks got hit hard on the news about China Evergrande Group (OTC: EGRN.F), and on fears over what the property developer's situation could mean for the Chinese real estate market, which has gotten quite frothy. For that reason, bank stocks have struggled in recent days.