This company is building its presence in the data center space, but there are a few things investors should know.
Yahoo Finance's Emily McCormick joined Yahoo Finance Live to break down the key takeaways from PayPal's recent earnings report.
Buybacks come around a year after the company took the leap of cutting its dividend.
(Bloomberg) -- China’s largest private education firms are moving swiftly to overhaul their businesses to adjust to a harsh new reality after Beijing launched a sweeping crackdown on the $100 billion sector.Two of the sector’s biggest names have in past days reached out to reassure investors and managers their businesses remain viable and won’t abruptly collapse, according to people familiar with the matter. Yuanfudao, the $15.5 billion startup backed by Tencent Holdings Ltd. and DST Global, pla
HELSINKI/STOCKHOLM (Reuters) -Nokia on Thursday raised its full-year outlook after reporting a stronger-than-expected second-quarter operating profit, as the telecom equipment maker benefits from a sharp turnaround in its business. A round of changes in the company's operations, greater investment on research and a geopolitical situation tilting in its favour has put Nokia firmly back in the global 5G rollout race just a year after CEO Pekka Lundmark took the reins, allowing it to gain ground on Swedish arch-rival Ericsson. "Our 5G position has clearly strengthened ... we are winning back customers," Lundmark said on a call, confirming a rosier outlook first signalled in February.
Santosh Rao, Manhattan Venture Partners Head of Research, joined Yahoo Finance to discuss Facebook’s latest earning results.
Pfizer CEO is no stranger to risks, and hopes to repeat the company's COVID-19 success with an oral treatment.
(PYPL) stock was tumbling after the payments company beat second-quarter earnings forecasts but offered below-consensus guidance. PayPal reported an adjusted profit of $1.15 a share, beating forecasts for $1.13 on sales of $6.24 billion, missing analyst estimates for $6.27 billion. PayPal highlighted the impact of (EBAY)‘s transition to a “managed payments” system as one source of slower growth.
BRUSSELS (Reuters) -Anheuser-Busch InBev, the world's largest brewer, underwhelmed on profit as costs increased and despite driving second-quarter revenue to above pre-pandemic levels. AB InBev retained its forecast that earnings before interest, tax, depreciation and amortisation (EBITDA) would grow by between 8% and 12% this year, with revenue increasing at a faster pace. In the second quarter, that profit figure rose 31% on a like-for-like basis to $4.85 billion, against consensus expectations for a 35% increase, according to a company-compiled consensus.
In this article, we will discuss the 11 best pharma and biotech stocks to buy according to Jim Simons’ Euclidean Capital. If you want to skip our detailed analysis of Simons’ history, investment philosophy, and hedge fund performance, go directly to the 5 Best Pharma and Biotech Stocks to Buy According to Jim Simons’ Euclidean […]
The company has been mulling delisting plans as crackdown in China widens and it has received support from cybersecurity regulators, according to the report, which cited people familiar with the matter. The about-turn by Didi comes just about a month after it listed on the New York Stock Exchange. Days after its $4.4 billion U.S. listing, China's cyberspace regulator launched a probe into the company and asked it to stop registering new users, citing national security and the public interest.
Jim Suva, Citi Managing Director in Equity Research specializing in technology joins the Yahoo Finance Live panel to discuss Apple’s latest earnings.
What happened Shares of Moderna (NASDAQ: MRNA) rose on Wednesday after fellow drugmaker Pfizer (NYSE: PFE) reported strong sales of its COVID-19 vaccine and raised its full-year revenue forecast. As of 3:30 p.
After a three-day slide, Chinese tech stocks were recovering today. Tutoring stocks like New Oriental Education and Tal Education Group started rebounding after nearly all of their value was wiped out in the sessions on Friday and Monday, and today much of the Chinese tech sector followed suit as news of the crackdown faded. Investors seemed to be eager to capitalize on the sell-off, anticipating that prices would only temporarily be depressed.
Shares of BioNTech (NASDAQ: BNTX) climbed sharply higher on Wednesday, gaining as much as 11% earlier in the session, though the stock ended the trading day up 10.3%. The biotechnology company is known for partnering with Pfizer (NYSE: PFE) to co-develop the BNT162b2 COVID-19 vaccine. BioNTech road Pfizer's coattails higher today as the company reported strong sales of its vaccine and raised its full-year forecast as a result.
Anyone involved in the investing game will know it’s all about “stock picking.” Choosing the right stock to put your money behind is vital to ensure strong returns on an investment. Therefore, when the Wall Street pros consider a name to be a “Top Pick,” investors should take note. Using the TipRanks platform, we’ve looked up details on three stocks that have recently gotten ‘Top Pick’ designation from some of the Street’s analysts. So, let’s dive into the details and find out what makes them so
What happened Wednesday is shaping up to be a profitable day for cannabis investors. Here's how some of the most popular pot stocks were performing as of 12:30 p.m. EDT today: Sundial Growers (NASDAQ: SNDL), up 10% OrganiGram Holdings (NASDAQ: OGI), up 9% Aurora Cannabis (NASDAQ: ACB), up 8% Canopy Growth (NASDAQ: CGC), up 7% Hexo (NYSE: HEXO), up 7% So what The gains were sparked by a blockbuster earnings report from industry heavyweight Tilray (NASDAQ: TLRY).
The Federal Reserve is making an announcement on interest rates this afternoon after two days of meetings. Collin Martin, Director and Fixed Income Strategist for the Schwab Center for Financial Research, joins Yahoo Finance Live to discuss what he expects to hear from Fed Chair Jerome Powell.
(Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat of an employee walkout with an all-staff email Tuesday, apologizing and calling the company’s recent actions “tone deaf.”Employees at Activision Blizzard called for the walkout on Wednesday to protest the company’s responses to a recent sexual discrimination lawsuit and demanding more equitable treatment for underrepresented staff.In Kotick’s message, the CEO said the company had hired law firm W
In this article, we discuss the 15 best strong buy stocks to invest in. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Strong Buy Stocks to Invest In. Uncertainty has been clouding over the stock market in the United States as investors exercise caution in the […]
EV charging stocks ChargePoint, Blink Charging and EVgo jumped on reports that funds for charging stations are in the infrastructure deal.