Turkey’s lira is down 25% against the dollar over the past three weeks. Inflation is at 20% annually. But no new interest rate hike is coming to the rescue.
In 2020, Africa50, an infrastructure financier backed by the Africa Development Bank (AfDB) Group and a good number of African governments, hosted an innovation challenge that sought affordable and reliable solutions for last-mile internet connectivity across the continent. A proposal by Poa Internet, a Kenyan startup, beat 673 others from across the world as a result of which it was added to Africa50’s investment pipeline in addition to winning a cash prize. Slightly over one year after the win, the internet service provider (ISP) has received $28 million in a Series C funding round led by Africa50, bringing the total amount it has raised to date to $36 million.
Novavax has resolved manufacturing issues and gained authorization in more than 30 countries. Novavax may be on its way to generating billions of dollars in revenue. With all of this good news, could Novavax stock go parabolic?
Despite sell-offs roiling the broader market, the stock of Digital World Acquisition (NASDAQ: DWAC) is rocketing higher today. There doesn't appear to be any fresh news powering the gains, but excitement surrounding the stock is surging ahead of the company's merger with Trump Media & Technology Group and the launch of their social media platform, Truth Social. It's a social media service backed by Donald Trump that's on track to launch Feb. 21, and investors are pouring into Digital World Acquisition stock ahead of the debut.
In this article, we discuss the 10 Jim Cramer stocks to buy in Q1 2022. If you want to skip our detailed analysis of these stocks, go directly to the 5 Jim Cramer Stocks to Buy in Q1 2022. Investors have been scrambling to identify the “real value” of stocks as reports suggest that as […]
The cut doesn't mean the business is in trouble, and AT&T's payout will still provide a solid passive income. AT&T has a pending deal to spin off WarnerMedia, AT&T's streaming and entertainment assets, and merge them with Discovery to form a stand-alone, new streaming company. AT&T shareholders will receive 71% of the shares of this new business, and shareholders of Discovery (also the proposed name of the new company) will receive the other 29%.
Yahoo Finance's Brian Cheung joins the Live show to discuss fourth quarter earnings for Bank of America and Morgan Stanley.
The stock market isn't the right place for New Year's resolutions. Always focus on the long term for the best results.
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
With the expected explosion of data coming over the next several years, these two stocks could benefit immensely.
What happened Shares of electric-semi maker Nikola (NASDAQ: NKLA) were trading lower on Tuesday, amid a broad sell-off of technology stocks that was likely triggered by rising government-bond yields. As of 3 p.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Tilray CEO Irwin Simon joins Yahoo Finance Live’s Julie Hyman to discuss the cannabis industry, why the company is pivoting to food and beverage brands, weed legalization in the U.S., and the end of a partnership with Budweiser.
Volatility seems to be rising in the U.S. stock market lately. Yet even with its muted results, Caterpillar is still generating sizable profits and raking in plenty of free cash flow (FCF) to support its dividend thanks to high oil and gas prices, demand for raw materials, a healthy residential construction market, and an improving commercial construction market.
Dame Emma Walmsley's campaign to reignite growth at GlaxoSmithKline by focusing on cutting-edge drug research has suffered a heavy blow with the resignation of Hal Barron, the superstar scientist she headhunted and paid more than herself.
Ford will record an $8.2 billion gain on its investment in Rivian when the Detroit auto maker reports its fourth-quarter financials.
In this article, we discuss the 13 best cloud stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Cloud Stocks To Buy Now. The cloud sector has been pummeled in recent weeks after the Federal Reserve indicated that interest rate hikes are on […]
Fourth-quarter earnings in 2021 disappointed investors, largely because of guidance the bank provided for 2022.
If we strictly looked at the performance of the major U.S. stock indexes, 2021 was a great year. While no investor enjoys seeing their stocks go in reverse, patience has a way of paying off handsomely in the stock market. In 2022, the following trio of turnaround stocks have the catalysts needed to bounce back in a big way.
Business is booming for these life science businesses, but their stock prices have been slashed to bargain prices.
Pfizer (NYSE: PFE) has (at least) two major revenue drivers that could power its share price higher: Its coronavirus vaccine, Comirnaty, and its new antiviral treatment for COVID-19, Paxlovid. Comirnaty is responsible for a sizable portion of its trailing revenue of $69.3 billion, and it's doubtlessly why the pharma's quarterly sales have grown by 134.4% as of Q3 in 2021. Pfizer also plans to invest more in the mRNA technology behind Comirnaty to build out its pipeline of vaccines and therapeutics.