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Novavax (NASDAQ: NVAX) is arriving more than a year after market leaders Pfizer and Moderna to the coronavirus vaccine finish line. Novavax soared 2,700% in 2020. As of today, Novavax's vaccine has won authorization from more than 30 countries.
Shares of cruise line stocks plunged in trading on Tuesday as the market continues to grapple with economic uncertainty. Industry giant Carnival (NYSE: CCL) (NYSE: CUK) was down as much as 11.3% in trading today, Royal Caribbean Cruises (NYSE: RCL) fell 10%, and Norwegian Cruise Line Holdings (NYSE: NCLH) dropped 11.8%. The news continues to be murky at best with companies warning of slowing sales in a variety of sectors, consumers experiencing inflation, and the Federal Reserve continuing to indicate that it will keep raising interest rates.
Yahoo Finance's Dave Briggs discusses what to expect from Nvidia earnings.
This super investor is going against the herd. Maybe you should, too.
Boeing (NYSE: BA) just can't seem to steer clear of turbulence, and investors along for the ride are likely feeling airsick. Boeing hasn't given investors much to get excited about over the past few years. The company was already under pressure when the pandemic hit due to issues with its 737 MAX, a plane that was grounded for 18 months following a pair of fatal crashes.
These passive income powerhouses will bring in between $101 million and $904 million annually for Berkshire Hathaway.
Snap (NYSE: SNAP) issued a warning after the market close on Monday, suggesting that the economic picture was rapidly declining, sending its stock down as much as 41.7%. Pinterest (NYSE: PINS) was hit the hardest, with shares down roughly 22% at 1:30 p.m. ET. Shares of The Trade Desk (NASDAQ: TTD) and Roku (NASDAQ: ROKU) had fallen 19.8% and 18%, respectively.
Shares of Shopify (NYSE: SHOP) were sliding today as the e-commerce software company was one of several tech stocks to fall in sympathy with Snap (NYSE: SNAP), which warned that second-quarter results would come in below its earlier guidance and blamed a deteriorating macroeconomic environment for the downward revision. As of 1:35 p.m. ET, Shopify stock was down 10.4%, while Snap had plunged 41.9% at the same time.
Cruise lines Royal Caribbean and Carnival face a problem, but there may be a silver lining, according to a new report.
’A sharper downturn in residential investment is now underway,’ said Doug Duncan, chief economist at Fannie Mae.
CoinDesk reviewed the high-profile investor's track record in forecasting the largest cryptocurrency's price, following his latest call that bitcoin could drop to $8,000.
(Bloomberg) -- If the SPAC craze is over, it’s going out with a bang by making a Miami lawyer who has owned speedboats named “Class Action” and “Power of Attorney” one of the richest people in the US -- if only briefly.Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Finish Off Session Lows While Bonds Climb: Markets WrapSocial Media Stocks Sink to Erase $135 Billion on Snap WarningHungary’s Orban Declares State of Emergency Over War, Economy
The defendants bought formula at a discount to ship to South America but then sold it at full price in the U.S. for huge profits.
Yahoo Finance Live looks at several stocks tied to today's trending industry stories, including companies impacted by the ongoing tech sell-off.
It must be getting increasingly difficult for investors in Plug Power (NASDAQ: PLUG) to hold their nerve. The hydrogen stock sank Tuesday morning and was down by 8.9% as of 1 p.m. ET. With that drop, Plug Power stock has now lost almost 30% of its value in just the month of May.
Many stocks in the technology sector have been sliding over the past several weeks and months. Rivian Automotive (NASDAQ: RIVN) was one that reversed its downtrend after it reported first-quarter results on May 11. Momentum off the stock's all-time low continued when the CEO added another 1 million shares to his holdings, and the company made progress to solidify plans and incentives with the state of Georgia for a second production facility.
Warner Bros. Discovery, Inc. ( NASDAQ:WBD ) saw significant share price movement during recent months on the NASDAQGS...
Our call of the day comes from Jefferies analysts, who round up some small to medium-size stocks that have been hit unreservedly hard in this market rout.
To put it tactfully, cruise ship operator stocks haven't been very popular with investors over the past few years. The prognosticator lowered his price targets for both Carnival and Norwegian Monday morning before market open. In his opinion, Carnival is now worth $18 per share; previously, Didora's level was $22.
What happened Shares of Novavax (NASDAQ: NVAX) were tumbling 9.7% as of 11:28 a.m. ET on Tuesday. The company didn't make any announcements that would explain the decline. Instead, Novavax's fall appears to be primarily a result of the overall stock market turmoil with all of the major market indexes sinking today.
The market spiral will end “when the Fed puts a line in the sand on inflation and says it will do ‘whatever it takes,’” says billionaire investor Bill Ackman.
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