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Actions by OPEC+, green energy policies in the U.S., and investor demands will keep gas prices elevated.
Yahoo Finance's Pras Subramanian breaks down Tesla earnings and how supply chain challenges are striking the electric vehicle company.
Yahoo Finance's Ines Ferre breaks down how Boeing and AT&T are trading after the companies reported earnings.
Shares of telecommunications giant AT&T (NYSE: T) tumbled in Wednesday afternoon trading, despite the company reporting an earnings beat in the morning. Ahead of the fourth-quarter release, analysts had forecast AT&T would report $0.76 per share in adjusted earnings on $40.4 billion in revenue. Revenue came in just under $41 billion, and AT&T earned $0.78 per share on a pro forma basis.
(Bloomberg) -- Jeremy Grantham got the market’s attention with his “super bubble” call on U.S. stocks. Now he wants to get an even more alarming and urgent message out, one his critics may find harder to accept. Most Read from BloombergA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStock Rebound Fails and Futures Plunge on Earnings: Markets WrapMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksAstronomers Spot Never-Before Seen Object at 4,000 Light-Years AwayNvi
Markets have reeled since the Federal Reserve announced, through the release of the December minutes, that the central bank would like to take a big whack at its $9 trillion balance sheet rather than keep it at that lofty level. Value stocks, they argue, will continue to be boosted by the transition from quantitative easing to quantitative tightening, as the Fed pivots from fighting deflation to fighting inflation. By and large, the Goldman team says most of the moves in the market have been explained by fundamentals, but it says some defensive sectors, including food and beverages, household goods and personal products, may have rerated too much, while semiconductors may have sold off by too much.
Technology stocks have continued to see heavy selling activity in 2022. Cathie Wood has been buying the dip in three names in particular.
Palantir Technologies (NYSE: PLTR) had a roller-coaster session on the stock market Wednesday. Wednesday morning, Palantir announced that it has tapped a new executive to head its efforts in the sprawling Europe, Middle East, and Africa (EMEA) region. This is Philippe Mathieu, who will serve as the regional president for the company.
Yahoo Finance's Jared Blikre breaks down Intel's latest quarterly earnings.
The telecom giant beat fourth-quarter earnings and revenue estimates. AT&T stock, which has rallied in 2022, reversed down on the news.
(Bloomberg) -- Tesla Inc. set a record for profit but warned that supply chain problems will keep it from introducing new vehicle models this year while it focuses on expanding production of its current lineup.Most Read from BloombergA Nor’easter Approaching New York Risks Becoming a Bomb CyclonePowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapScientists Identify Factors That Appear Linked to Long CovidAstronomers Spot Nev
In the tech giant's fiscal fourth-quarter report, investors should focus on results in the gaming and data center businesses and guidance.
(Bloomberg) -- The stray tweet stood out: Why not start a fund to bet against Cathie Wood, the star investor who’s been stumbling so hard?Most Read from BloombergA Nor’easter Approaching New York Risks Becoming a Bomb CyclonePowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapScientists Identify Factors That Appear Linked to Long CovidAstronomers Spot Never-Before Seen Object at 4,000 Light-Years Away“Holy crap, that’s a grea
The precious-metals miner provided an update on reserves at its main mine, and it was not a pleasant read.
The stock market erased big gains as Fed chief Jerome Powell signaled rate hikes and more. Tesla beat views.
Futures tied to Wall Street’s major indexes rose slightly in extended trading Wednesday after a turbulent earlier session that saw stocks reverse gains into close after the Federal Reserve signaled interest rates could come as soon as March.
Elon Musk has been driving Telsa's new Cybertruck and he thinks it's 'awesome.' An electric truck opens a substantial new market for Tesla.
Intel reported fourth-quarter revenue of $19.5 billion, easily beating estimates. But the company's outlook was a bit disappointing.
Stocks ended mixed on Wednesday following the Federal Reserve's latest monetary policy decision, in which the central bank affirmed market expectations that it was nearing the start of interest rate hikes as the economic recovery progressed and inflation remained hot. However, the Fed offered little in the way of concrete details about the timing and speed of its balance sheet reduction process.
Shares of Nvidia Corp. tops a list of tech shares that would be expected to bounce back strongly over the next month, according to an artificial-intelligence screening platform.
Less than 24 hours from now -- Thursday, after close of trading -- tech giant Apple (AAPL) will report its earnings for fiscal Q1 2022. Many analysts on Wall Street are optimistic, predicting Apple will report year-over-year sales growth of 6.5%, and 12.5% better earnings that it reported a year ago. For its part, Goldman Sachs thinks those analysts are probably right about the earnings growth -- and maybe even a bit conservative. But Goldman Sachs' Rod Hall still doesn't think you should buy Ap