Shares of hydrogen fuel cell star Plug Power (NASDAQ: PLUG) jumped 4.7% through 11:45 a.m. ET Tuesday morning after the company secured a long-term supply agreement with British hydrogen technologies company Johnson Matthey (LSE: JMAT). Under the terms of the agreement, Johnson Matthey will supply Plug with components for membrane electrode assemblies and specifically with "catalysts, membranes, and catalyst coated membranes (CCM)" -- essential parts for building fuel cells. Plug says that partnering with Johnson Matthey will "strengthen its supply chain and help meet the growing demand for fuel cells and electrolyzers."
The item, which is six by eight millimeters in size, may have been caught in the tires of passing vehicles and taken off track to where teams are searching.
Yahoo Finance Live co-host Seana Smith discusses stocks moving in after-hours trading.
Chip maker AMD (AMD) reported its Q4 2022 earnings after the bell on Tuesday, beating analysts' expectations. The report comes just days after rival Intel (INTC) announced disappointing earnings and guidance.
Shares of Phillips 66 (NYSE: PSX) fell more than 5% by 12:30 p.m. ET on Tuesday. Weighing on the refining company's stock price were its lackluster fourth-quarter results. Adjusted pre-tax income from its chemicals segment declined from $135 million in the third quarter to $52 million in the fourth quarter.
Yahoo Finance Live anchors discuss Amazon and Nike's rumored interest in buying out Peloton.
Apple's (AAPL) first-quarter fiscal 2023 earnings are likely to have suffered from disruptions at its China partner Foxconn's factory in Zhengzhou, as well as the shrinking demand for iPhone.
Ryan Olohan was told there were "obviously too many white guys" on his management team.
Inflation made the headlines through most of last year, for all the worst reasons: it ran far too high, peaked above 9% in June, and the inflationary pressures pushed down hard on stock markets. The Fed jacked interest rates up their highest level in over a decade, risking recession to fight the rise in prices. Today, inflation is still in the headlines, although the tone has shifted. The annualized rate is trending downward; the December number came in at 6.5% year-over-year. While this is good
Two new buildings are planned for the facility. One is intended for semi-truck production and the other is for battery cell development.
Costco has a tremendously loyal customer base with an over 90% membership renewal rate worldwide and an even higher rate in the United States (92.5%) in its most recent quarter. Currently, Costco charges $60 for a Gold Star membership and $120 for an Executive membership. Executive members have been rising in importance for the company.
Snap (SNAP) reported its Q4 2022 earnings on Jan. 31, meeting analysts' expectations on revenue and user growth, but clocking a net loss and weak guidance for this year's Q1.
The chip maker reported a 98% decline in net income for the fourth quarter as operating expenses more than doubled and sales linked to its PC clients were cut in half.
Electric-vehicle (EV) stocks had an explosive day on Tuesday, as shares moved higher across the board. The potential for lower interest rates has excited investors, and once again, the EV space is an obvious place to look for growth. Shares of Rivian (NASDAQ: RIVN) jumped as much as 7.5% in early trading, Nikola's (NASDAQ: NKLA) stock was up 6%, and Lordstown Motors (NASDAQ: RIDE) jumped 7.3%.
Yahoo Finance Live anchors discuss fourth-quarter earnings for Caterpillar.
The Federal Reserve is expected to slow its pace of interest rate increases for the second-straight meeting on Wednesday, raising its benchmark interest rate another 0.25%.
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In this article, we will take a look at the 10 most undervalued tech stocks to buy according to hedge funds. To see more such companies, go directly to 5 Most Undervalued Tech Stocks to Buy According to Hedge Funds. Tech stocks took a beating last year as investors fled growth stocks amid rising inflation […]
Major U.S. stock indexes closed over 1% higher on Tuesday as labor cost data encouraged investors about the Federal Reserve's aggressive approach to taming inflation a day ahead of the central bank's critical policy decision. Investors also digested a full plate of earnings reports. Shares of Exxon Mobil Corp and United Parcel Service Inc rose following their respective results, while Caterpillar Inc and McDonald's Corp ended weaker after their results.