Most stocks slumped heading into the close aside from the cannabis sector, which surged on news of President Biden pardoning all prior federal offenses for simple marijuana possession.
Yahoo Finance Live's Jared Blikre breaks down Mizuho's price target cuts on EV competitors Tesla and Nio.
It works out to $93K per person.
The move comes amid growing pushback on the program.
Levi Strauss, AMD and Tilray are among the top trending stocks in after hours trading on Thursday, October 6, 2022.
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Costco offers a very simple proposition to its members. Basically, Costco offers no frills -- its stores aren't just called warehouses, they actually are warehouses -- and items are basically just stacked on pallets. Costco also puts relentless pressure on its vendors to squeeze out every penny of cost from each item.
These two stocks are among the riskiest in the Berkshire Hathaway portfolio, but they could be huge winners.
As a result, late in the trading day many North American weed stocks saw double-digit gains. Canada's Canopy Growth (NASDAQ: CGC) closed more than 22% higher, while compatriot Organigram Holdings (NASDAQ: OGI) rose by 17%. Numerous U.S.-based weedies did even better; Green Thumb Industries (OTC: GTBIF), to name one, advanced by 33%.
The company cites a weaker-than-expected PC market and “significant inventory correction actions across the PC supply chain.”
Elon Musk's recently released text messages with fellow billionaires, family members, investors, Twitter executives, and others can provide clues into how he aims to transform his new company.
The chip maker warned that revenue for the third quarter would be lower than expected. CEO Lisa Su said that the PC market has "weakened significantly."
Oil prices have been all over the place this year. WTI, the primary U.S. oil price benchmark, started 2022 at around $75 a barrel before rocketing over $120 a barrel following Russia's invasion of Ukraine. The move could keep a floor under crude prices and potentially push them higher depending on demand and other supplies.
Shareholders of Nio (NYSE: NIO) had an eventful month in September. The month started out on a pretty strong note when Nio released its August delivery results on Sept. 1. The company delivered 10,677 electric vehicles (EVs) in August, including almost 400 of its newest SUV model, the ES7.
With inflation recently soaring over 8%, many income investors would love to acquire dividend stocks that pay out more than 9% annually. But are high-yielding real estate investment trusts (REITs) also good stocks to own? Many are sharply off their 52-week highs. Are dividend cuts in their future? Here are three monthly dividend-paying REITs with over 9% yields to consider: Medical Properties Trust Inc. (NYSE: MPW) is a Birmingham, Alabama-based healthcare REIT that owns and operates 438 propert
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Yahoo Finance Live checks out cannabis stocks following headlines that President BIden will pardon all prior offenses of marijuana possession.
While the SPDR S&P Healthcare ETF is down 10% year to date, the SPDR S&P Biotech ETF has plummeted 29%. Investors should always keep the long-term potential of businesses in mind when investing in the stock market. Sunosi, purchased from Jazz Pharmaceuticals in May, has been Axsome's blockbuster drug.
I'm over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I have a steady stream of other income. -Bernie Tax-deferred accounts, such as 401(k)s and traditional individual retirement accounts (IRAs), are potentially great … Continue reading → The post Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite? appeared first on SmartAsset Blog.