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Chinese EV maker XPeng unveiled its newest product: It's a sedan that can be had for as low as $25,000.
Yahoo Finance's Emily McCormick breaks down the numbers to know from Snapchat's Q3 earnings report.
What happened Shares of IBM (NYSE: IBM) fell 9.5% on Thursday after the global technology company's third-quarter results came up short of investors' expectations. So what IBM's revenue inched up 0.
Yahoo Finance's Dan Howley talks Intel's earnings.
Forget your inflation fears. Wood sees decades of big gains ahead.
Intel stock fell after the company missed sales expectations for the third quarter. The company said notebook volumes were hampered by industrywide component shortages.
Raising tax rates on corporations and high-income households is a key part of Democrats’ plan to pay for their proposed multi-trillion-dollar social spending plan, but opposition to that approach from Sen. Kyrsten Sinema of Arizona has sent lawmakers scrambling to find alternative ways to offset costs. Given Sinema’s resistance, there’s a growing chance that the corporate income tax rate could remain untouched in the Democratic budget bill. Even the compromise rate of 25% reportedly preferred by
Photo by Towfiqu barbhuiya on Unsplash Many Americans worry they’re not saving enough for retirement, and rightfully so. A recent Northwestern Mutual study found that 71% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor. The value of working with a financial advisor varies by person and advisors are legally prohibited from promising returns. Still, research suggests people who work with a financial advisor feel more at
Nvidia (NASDAQ: NVDA) stock popped 2% as of 12:15 p.m. EDT, after the maker of semiconductors for video games and other uses announced its next-generation cloud gaming platform, GeForce RTX 3080-class gaming on GeForce NOW. Didn't Nvidia actually announce the latest development on GeForce NOW last month? For that matter, didn't it announce the opening of the cloud gaming platform early last year?
Shares of Digital World Acquisition (NASDAQ:DWAC) soared 357% on Thursday after the special purpose acquisition company (SPAC) announced a deal to merge with Trump Media & Technology Group. Should it receive shareholder and regulatory approval, the merger would allow Trump Media & Technology Group to become a publicly traded company. Trump Media & Technology Group said it plans to launch a new social network to "create a rival to the liberal media consortium and fight back against the Big Tech companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America."
(Bloomberg) -- A collapse in shares of Snap Inc. dragged technology companies exposed to digital advertising lower late on Thursday after the owner of the Snapchat app warned that customers are cutting back on ad spending.Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon Vall
The company reported a strong third quarter. But investors have been burned in the past, and the stock remains in transaction limbo.
(Reuters) -Former U.S. President Donald Trump's deal to create a social media app after Twitter Inc and Facebook Inc barred him won an exuberant endorsement from investors, with shares in a shell company backing the plan closing up more than 350% on Thursday after rising more than 400% earlier in the day. Trump Media and Technology Group and Digital World Acquisition Corp, a Special Purpose Acquisition Vehicle (SPAC), announced on Wednesday https://www.reuters.com/world/us/former-us-president-donald-trump-launches-new-social-media-platform-2021-10-21 they would merge to create a social media app called TRUTH Social. Trump's company said it plans a beta launch - unveiling a trial version - next month and a full roll-out in the first quarter of 2022.
Brian Cheung, Julie Hyman and Brian Sozzi break down some of Thursday’s early earnings movers, including Crocs, IBM and HP.
Nio, Inc (NYSE: NIO) was trading up about 1% on Thursday, while continuing to consolidate a 17% move off the bottom of $33.17 the stock printed on Oct. 7. The EV manufacturer, which recently began shipping vehicles to Norway had a rough third quarter, losing 36% of its value between July 1 and Sept. 30. On Thursday, it was reported 110-year-old asset management firm Baillie Gifford lowered its exposure in the China-based company during the period by about 287,255 shares, reducing its original 90
After falling yesterday, shares of Plug Power (NASDAQ: PLUG) are roaring back today as the pessimism that plagued the fuel cell specialist's stock on Wednesday seems to be waning. The catalyst for today's movement appears to be news that the company is progressing in its plans to develop a green hydrogen production facility in its home state of New York. As of 10:25 a.m. EDT on Thursday, shares of Plug Power were up 5.7%.
Intel Corp. Chief Executive Officer Pat Gelsinger spelled out the cost of his drive to return the world’s largest chipmaker to leadership of the industry and investors weren’t pleased. Bloomberg’s Su Keenan reports on “Bloomberg Markets: China Open.” (Source: Bloomberg)
Roblox Corp (NYSE: RBLX) shares are trading higher by 5.6% at $83.00. The stock spiked following a tweet from a Bloomberg report stating Google is lowering its cut from subscriptions on Google Play from 30% to 15%. Mark Gurman tweeted: "Google is lowering its cut from all subscriptions on Google Play to 15% from 30% -- from day 1. The reduction previously only took effect on the first $1 million in revenue and for users who subscribed longer than a year. Change doesn't apply to in-app-purchases
Kapil Rathi, CrossTower Co-Founder and CEO, joins Yahoo Finance Live to discuss the cryptocurrency space amid the launch of ProShares’ Bitcoin ETF.
There's a good reason why investors should keep an eye on cloud computing stocks. The cloud computing market is forecast to reach $397 billion next year, up 47% from 2020. Here's why they lead the cloud computing pack.
Here's a quick hot take on why it makes sense for PayPal to buy Pinterest.