The New Shepard space system will fly a space tourist on July 30. Here's what you get for $28 million.
Yahoo Fiannce's Dan Howley breaks down Tesla's Q2 earnings.
Shares of Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) dropped 4% as of 10 a.m. EDT Monday, and given the headlines coming out of China last week regarding how the government is cracking down on tech companies left and right, this is not too surprising. As The Wall Street Journal reported over the weekend, the Chinese government is pressing tech giants Tencent Holdings (OTC: TCEHY) and Alibaba affiliate company Ant Group to help it develop a new "state-backed digital currency" -- i.e., a cryptocurrency -- to be dubbed the e-CNY (or electronic Chinese yuan). This is bad news for Alibaba because Ant operates the Alipay digital payments network already, and the emergence of a competing e-CNY brings "the risk of eroding the huge user base" that Alibaba and its affiliates have built up over the past decade.
Colin Rusch, Oppenheimer Sr. Research Analyst joins the Yahoo Finance Live panel to discuss what to watch with Tesla earnings.
Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share. Tesla said operating income increased mainly due to volume growth and cost reduction, which offset "additional supply chain costs, lower regulatory credit revenue" and other items including $23 million in losses on investment in cryptocurrency bitcoin.
Shares of cruise ship operator Carnival Corporation (NYSE: CCL) (NYSE: CUK) stock are bouncing back Monday, up 3.3% as of 12:35 p.m. EDT. The move comes in response to news late Friday that the U.S. Court of Appeals for the 11th Circuit has reversed its previous ruling that the U.S. Centers for Disease Control and Prevention could enforce its Conditional Sail Order, setting restrictions on whether cruise lines could sail carrying unvaccinated passengers after July 18. To be clear, this reversal means that the CDC now cannot enforce that order, and the cruise lines can sail with unvaccinated passengers -- at least in Florida.
Tesla topped second-quarter forecasts late Monday, amid chip and battery shortages among other issues hampering production.
It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts. If they happen, they’ll mean your SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 Trust (VOO) and Schwab U.S. Small-Cap ETF (SCHA) lose about half their value, in inflation-adjusted terms, by 2028.
Shares of Lithium Americas (NYSE: LAC) were up 8% as of midday Monday, in response to a ruling that the mining outfit can move forward with plans to excavate its Thacker Pass site in Nevada. Just as the name suggests, Lithium Americas is a key producer of lithium, the key component of batteries used to power electric vehicles. The industry continues to expand, with worldwide sales of electrified automobiles growing 41% last year even with the pandemic in place, according to numbers from the International Energy Agency.
Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland discuss bitcoin’s recent surge.
Nvidia chips power a future of self-driving cars and cloud gaming, while the global semiconductor market is in a supply crunch. Is Nvidia stock a good buy now?
Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an "inflection point" for EVs.
Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
In this article, we discuss the 10 most-shorted stocks Reddit’s WallStreetBets is paying attention to. If you want to skip our detailed analysis of these stocks, go directly to the 5 Most-Shorted Stocks Reddit’s WallStreetBets Is Paying Attention To. Reddit forum WallStreetBets, with a user base of well over 10.7 million and growing, rose to […]
Electronic design software maker Cadence Design Systems late Monday beat Wall Street's targets for the second quarter.
Lucid Motors rose in Monday's debut with the luxury electric-vehicle startup becoming one of the biggest new EV stocks.
There's also something else that I'm convinced about: Buying certain dividend stocks when the market crashes is a smart idea. You can lock in fantastic yields when you invest in the right dividend stocks that are trading at low prices. What are the best stocks to scoop up during a major market meltdown?
Yahoo Finance's Myles Udland talks with Anavex Life Sciences CEO Christopher Missling about the company's new Parkinson's disease drugs as well as its recent capital-raising stock sale.
Toymaker Hasbro (NASDAQ: HAS) spent $3.8 billion to acquire Entertainment One (eOne) just prior to the start of 2020, but returns from the television and film production business were hampered by the pandemic. Investors cheered the company's quarterly results overall, sending Hasbro shares soaring about 11% as of 11:20 a.m. EDT. The maker of popular brands including Play-Doh, Nerf, Power Rangers, and Monopoly reported revenue had jumped 54% from the prior-year period.
(Bloomberg) -- A selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.Stocks slumped on the mainland and in Hong Kong, with the benchmark CSI 300 Index dropping 3.2% and the Hang Seng Index tumbling 4.1%, the most since May last year. Steep losses in education stocks in the wake of a sweeping overhaul spilled over into other
The number of people hospitalized in Florida has risen to the highest since late February, propelled by the spread of the Delta variant, large numbers of unvaccinated, few preventive measures and more indoor time to escape the heat.