Holders of Fannie Mae and Freddie Mac had hoped the high court would help them in a fight to wring some profits out of their positions.
She called him a moron; he joked about hitting her with a gavel. The relationship between the House leaders has never been great, but it is at a new low.
Twitter Inc will partner with the Associated Press and Reuters to more quickly provide credible information on the social networking site as part of an effort to fight the spread of misinformation, it said on Monday. Like other social media companies, the San Francisco-based firm has been under pressure to remove misleading or false information on its site. Earlier this year Twitter launched a program called Birdwatch, asking its users to help identify and fact-check misleading tweets.
QuantumScape founder and CEO Jagdeep Singh tells Yahoo Finance Live he is confident in hitting key production timelines.
Alibaba Group Holding Ltd. beat earnings estimates Tuesday but fell slightly short of revenue expectations, while also announcing a boost to its buyback program.
The oil giant has pledged more dividend rises and share buybacks of around £720 million a quarter until 2025 as oil prices bounce back.
Chinese e-commerce giant Alibaba should be well positioned to take advantage of the early recovery of China’s economy. But its results for the three months to June, published on Tuesday, did not show the full extent of that potential. Net income attributable to shareholders was down by 5% at $6.99 billion using U.S. accounting metrics. […]
Every investor wants an ‘in,’ some hint that will tell exactly what a stock is going to do, and when. The kind of signal that will cut through the market’s noise, and makes sense of the deluge of raw data that every company generates. Multiply that data by 10,000 publicly traded stocks, and you’ll have some idea of just how daunting the markets can be. It’s tempting to follow an expert: a Wall Street analyst, or a trading guru. They all have important contributions to make. But here, we’ll take
(Bloomberg) -- BP Plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit.The oil majors -- with the notable exception of Exxon Mobil Corp. -- are raising returns as they express confidence that the worst of the slump caused by the coronavirus pandemic is over. Their goal is to woo investors who are becoming increasingly wary about the future of the fossil fuels in a changing climate.BP will increase its dividend by 4% to 5.46 cents a share
In 2019 and 2020, Pfizer's (NYSE:PFE) top-selling product was pneumococcal vaccine Prevnar 13. The COVID-19 vaccine BNT162b2, developed by Pfizer and BioNTech (NASDAQ:BNTX), generated sales of $7.8 billion in the first half of 2021 alone. Pfizer expects the vaccine will rake in $33.5 billion over the entire year.
Americans’ retirement security is unstable, and legislation focused on pensions, Social Security and other savings or healthcare concerns must be a priority for government officials, a group of 31 organizations wrote in a recent public letter to President Biden. Companies, economic think tanks and other organizations signed a letter urging the president to create an inter-agency task force from some of the top government departments, including the Department of Labor, Department of Treasury, Securities and Exchange Commission and White House Gender Policy Council. The letter was signed by ADP, Edelman Financial Engines, Employee Benefit Research Institute and Prudential, to name a few.
Pinterest (NYSE: PINS) posted its second-quarter earnings on July 29. The social media company's revenue jumped 125% year-over-year to $613.2 million, reflecting an easy comparison to the pandemic's initial impact on its ad business a year ago, and beat analysts' estimates by $51.
Ocugen's stock price has soared by more than 260% in 2021, while the S&P 500 is up just 17%. The increase has been fueled by the hope that Covaxin, the COVID-19 vaccine candidate Ocugen is co-developing with India's Bharat Biotech, will lead to significant revenue for the healthcare company. The good news is that results look promising -- Ocugen reported in July that phase 3 results showed Covaxin to be over 93% effective in preventing severely symptomatic cases of COVID-19.
Jay Jacobs, SVP and Head of Research & Strategy at Global X ETFs, joined Yahoo Finance to discuss Square’s acquisition of Afterpay.
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
(Bloomberg) -- Alibaba Group Holding Ltd. reported revenue that missed estimates, suggesting plans to hike spending in pursuit of growth have yet to gain traction.Revenue for the three months ended June climbed from a year earlier to 205.7 billion yuan ($31.8 billion), compared with the 209.4 billion yuan average of analyst estimates. Net income was 45.1 billion yuan, rebounding from a loss in the previous quarter following the firm’s record antitrust penalty. The company announced it was boosti
Shares of Translate, which uses the same technology that Moderna used in its Covid vaccines, were up about 30%
How do you define a stock market opportunity? Is it a windfall, a piece of luck, or the result of careful planning, a strategy to make the most of any opening? The savvy investor seeks out the latter, looking for stocks that offer inducements to entry, be it a high upside or a depressed share price or a recent positive analyst review – or better yet, a combination of all three. So there’s a profile. We’ve used the TipRanks database to look up three stocks that fit it – stocks with Strong Buy con
On July 28, Tilray (NASDAQ: TLRY) stock surged by 26% in a single trading day after the company published strong quarterly results -- the first earnings report its $4 billion merger with fellow Canadian pot grower Aphria. Revenue shot up, the company finally turned a profit, and its international expansion has begun to pay off. Tilray desperately needed that good news, as its shares are down almost 50% year to date.
The Nasdaq Composite index has nearly tripled in value over the last five years and continues to hover close to new highs. For some investors, this suggests the stock market might be a little frothy at the moment. If I had $5,000 available to invest, two stocks I would buy today are Amazon (NASDAQ: AMZN) and DocuSign (NASDAQ: DOCU).
The video service unit said on Monday it will launch DirecTv Stream, a platform that will allow its users to get access to streaming services such as Netflix, Amazon.com Inc's Prime Video and HBO Max. The move will boost the TV operator's position, which like its peers, had been losing subscribers to video streaming services such as Netflix, Prime Video and Apple Inc's service that offer award-wining and exclusive shows.