Carvana stock tumbles 43%, books worst day on record as bankruptcy fears rev up
Shares of the used-car retailer logged the worst day on record Wednesday amid growing concerns about bankruptcy.
Shares of the used-car retailer logged the worst day on record Wednesday amid growing concerns about bankruptcy.
Alibaba Group Holding Limited (NYSE: BABA) shares dropped premarket after reports surfaced regarding the company moving its headquarters out of the country. Alibaba is close to completing a new campus in Singapore, which could become its global headquarters, Barron's reports. A local daily reported that Alibaba denied the speculation and that its headquarters would remain in the city of Hangzhou in the east of mainland China. The Singapore facility would house regional operations. Alibaba has be
Carvana shareholders have gone on a wild ride in the last few years. The stock went on a tear during 2020 and 2021 after the pandemic gave the used car marketplace a huge boost in demand. Clearly, investors can't make up their minds on owning shares of Carvana or not.
Yahoo Finance Live anchors discuss what to expect from Amazon Q4 earnings.
While every market advisor will tell you never to try to ‘time’ the market, timing is still important for success. Investors need to buy into low prices, and to do that, they need to know when prices are low. This doesn’t necessarily mean low in absolute dollar terms, but low relative to a stock’s recent past performance. In recognizing that lower price range, investors can turn to Wall Street’s pros for help. The analysts have been busy lately, picking out stocks that are in their lower price r
Lucid stock's 43% gain on Friday was accompanied by frenetic options trading. Nearly 900,000 contracts changed hands on Friday, more than seven-times typical activity and the most for Lucid Group in more than a year, according to Cboe Global Markets data. Bullish call contracts led puts at roughly three-to-one. + Call options give traders the right, though not the obligation, to buy shares at a stated price by a certain date, while bearish put options grant the right to sell. + Trading tied to T
Yahoo Finance Live’s Brian Sozzi breaks down a JPMorgan analyst’s Underweight rating and $120 price target on Tesla stock.
Yahoo Finance Live anchors break down quarterly earnings for GE HealthCare.
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. Europe and China are leading the way, with fully electric vehicles accounting for 11% and 19% of all new vehicles sold, respectively. With stock prices down and sales continuing to pick up, investors should look at investing in a diverse mix of EV makers in 2023.
Palantir (NYSE: PLTR) and Crowdstrike (NASDAQ: CRWD) are growing sales rapidly. However, they have another thing in common that is not as positive -- each is losing money on the bottom line. This video will let you know which growth stock is the better buy.
The tech giant's revenue stayed flat year over year, and rose 6% in constant currency terms to $16.7 billion, which beat analysts' expectations by $320 million. Its adjusted earnings rose 7% to $3.60 per share but missed the consensus forecast by a penny. IBM spun off its legacy managed infrastructure services unit as Kyndryl (NYSE: KD) last November.
Ford (NYSE: F) has a long history of making and selling cars, while Rivian (NASDAQ: RIVN) is only recently ramping up the production of electric vehicles. This video will answer which stock is the better buy.
Chevron's giant $36.5 billion 2022 profit turned heads — including at the White House. But plenty of S&P 500 companies will make even more than the oil giant.
The Food and Drug Administration granted Moderna's experimental RSV vaccine an expedited review, but Moderna stock dipped Monday.
In this article, we will be taking a look at 12 cheap energy stocks to buy. To skip our detailed analysis of the energy sector, you can go directly to see the 5 Cheap Energy Stocks To Buy. Energy stocks such as Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), and ConocoPhillips (NYSE:COP), among more, managed to […]
Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.
Yahoo Finance Live anchors discuss news that Bed Bath & Beyond has closed Harmon stores as bankruptcy looms for the retailer.
You are required to report and pay federal taxes on any interest income you receive from a savings account. The income is taxed as unearned, which means you'll escape payroll taxes, but you will owe federal income tax on it … Continue reading → The post How Savings Accounts Are Taxed appeared first on SmartAsset Blog.
Bear markets like the one the Nasdaq Composite and the S&P 500 have been in since March and June of 2022, respectively, make for a harsh investing environment. Its scale is phenomenal, with nearly 1 million clients worldwide.
STOCKSTOWATCHTODAY BLOG Lucid stock extended gains Monday after soaring Friday, a move that was attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubled, to $17.
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