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Oil futures erase early weakness to end with a small gain Friday, though upside appeared to be limited by a sharp stock-market selloff.
The tech billionaire keeps plowing millions into this asset class.
He also predicts a ‘more significant pullback’ if this one thing happens.
For high-growth, profit-less growth stocks, bad news on the economy could be good news for their shares.
Yahoo Finance Live anchors discuss Mark Zuckerberg's economic warning to Meta employees, the average monthly care payment crossing the $700 mark, and AMC announcing $5 Tuesdays through the end of October.
Shares of Ford (NYSE: F) were falling today after the company reported second-quarter vehicle-sales results. While vehicle sales increased 1.8% over the period to 483,688, they fell far short of analysts' average estimate for an increase of 4.2% from the year-ago quarter. Ford filed its latest vehicle-delivery figures with the SEC today, and the company reported a 31.5% increase for its June deliveries, year over year.
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
Kate Hudson's snap garnered plenty of positive reactions from stars including Selma Blair and Janelle Monae
Despite West Texas intermediate crude oil futures dipping below $100 per barrel on Tuesday, serious gas price relief may be unlikely happen until motorists make adjustments by driving less.
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
It's possible to get on a cruise ship and put your phone away to simply tune reality out for a few days. Many people who board a cruise ship opt to pay for an internet package for a variety of reasons.
(Bloomberg) -- Bridgewater Associates posted a 32% return for its flagship hedge fund through the first half of 2022 as it benefited from increased market volatility, according to a person familiar with the performance.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyCiti Says Oil May Collapse to $65 by the Year-End on Recess
Exxon Mobil is pulling back from its recent zenith. In this daily bar chart of XOM, below, we can see prices have pulled back around $20 from its early June peak. Prices are so far holding the $85 area but prices are trading below the 50-day moving average line.
(Bloomberg) -- The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk of the world’s chips, expanding its campaign to curb the country’s rise, according to people familiar with the matter. Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyCiti Says
Shares of video game platform provider Roblox (NYSE: RBLX) were up 9.75% in June, according to data provided by S&P Global Market Intelligence. Early in June, multiple analysts were lowering price targets for Roblox stock. For example, Goldman Sachs analyst Eric Sheridan recommended selling Roblox stock on June 9, simultaneously lowering the firm's price target from $39 to $28 per share, according to The Fly.
The European Medicine Agency's Committee for Medicinal Products for Human Use (CHMP) recently adopted a positive opinion that recommended the approval of AbbVie's (NYSE: ABBV) Rinvoq for what would be its fifth indication in that market. This would be to treat patients with moderate-to-severe ulcerative colitis who had an inadequate response to conventional therapies or biologic agents. A decision for Rinvoq as a treatment for moderate-to-severe ulcerative colitis patients from the European Commission is expected in the third quarter of this year.
Yahoo Finance's Ines Ferré and Jared Blikre break down the moves in the U.S. dollar index and what it means for long stock positions.
In this piece we will take a look at the fifteen best utility stocks to invest in. If you want to skip our introduction and jump straight ahead to the top five stocks in this list, then head on over to the 5 Best Utility Stocks To Invest In. The ongoing worrisome state of the […]
Mortgage rates are rising, as are home prices. Here's what buyers and sellers should know now, according to Nadia Evangelou.
Zuckerberg has chosen his moment well: the crypto sector is currently going through an unprecedented crisis of confidence marked by a fall in the price of digital currencies. Bitcoin, the king of cryptocurrencies, has lost 71.3% of its value since its all-time high on November 10, according to data from CoinGecko. Ether, the second cryptocurrency by market value, is down 78% from its November all-time high as well.
Now that we’re into the third quarter, we’re stating to see the pundits sound off on what the Q2 economic data will show – and some of them are openly saying that second quarter GDP will record a contraction. Coming on the heels of the 1.6% contraction in Q1, this will put the US in a technical recession. Along with rising inflation and the Fed’s turn to higher rates and monetary tightening, this adds up a darkening economic picture. But Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ prog
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