Investors' initial reaction to Snap's 2022 financial results might have been too pessimistic.
Investors crushed the shares of electric vehicle (EV) start-up Canoo (NASDAQ: GOEV) Monday after details emerged of its latest round of raising capital. As of 10:43 a.m. ET, Canoo shares were still down by 11.7%. Today's drop comes after the company said it would raise more than $50 million by selling new shares to institutional investors at a discounted price.
Growth stocks are in favor again to start 2023. Palantir (NYSE: PLTR) and C3.ai (NYSE: AI) are certainly interesting choices. This video will answer which growth stock is the best one to buy. *Stock prices used were the afternoon prices of Feb.
In this article, we will discuss the favorite energy and bank stock picks of Jim Cramer. If you want to explore similar stocks, you can go to Jim Cramer’s 5 Favorite Energy and Bank Stock Picks. Jim Cramer is an American television personality, former hedge fund manager, and best-selling author. He is the host of […]
Intel is facing a "changing of the guard" in the chip industry as two competitors steal a page for its playbook, according to an analysis published by Bloomberg last week. After Intel Corp. (Nasdaq: INTC) reported earnings reflecting an "astonishingly bad" performance, two rivals, Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) and Samsung have proved themselves as better positioned to weather a current demand downturn, according to Bloomberg. TSMC in particular "has caught and passed Intel quicker than even the most optimistic analysts had predicted," the according to the report.
Tesla has gained 86% since Jan. 6 bear-market lows, but this Tesla bull just hiked his stock price target.
Yahoo Finance Live’s Rachelle Akuffo joins the Live show to discuss how stocks are trading ahead of Fed Chair Powell’s speech on Tuesday.
The crisis engulfing the Adani Group intensified on Monday as hundreds of members of India's opposition parties took to the streets to press for a probe into allegations by a U.S. short-seller against the conglomerate which triggered its market rout. Shares in billionaire Gautam Adani's companies have been in free-fall since a Jan. 24 critical report by Hindenberg Research, with group cumulative market losses now topping $110 billion, sparking fears of wider financial contagion. Opposition parties, who last week called for a parliamentary panel to investigate the saga and disrupted proceedings, have questioned Indian Prime Minister Narendra Modi's closeness with Adani.
Yahoo Finance Live anchors discuss news that Dell will cut over 6,000 jobs amid the ongoing wave of layoffs in the tech industry.
Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” fourth-quarter investor letter. A copy of the same can be downloaded here. The fund delivered 4.74% in the fourth quarter compared to a 6.23% return for the Russell 2000 Index, while the fund declined -19.27% in the year 2022. Multiple companies across sectors delivered strong […]
A product-oriented press release at the end of December, falling inflation, and meme-stock traders all propelled QuantumScape higher last month.
It's a tech-astrophe out there. But you have options.
Berkshire Hathaway's longest-held stock is generating a jaw-dropping 54.2% annual yield, relative to cost.
Yahoo Finance Live anchors discuss how Life Storage, Newmont, and Danaher stocks are moving following reports of M&A activity.
The industrial sector is a good hunting ground for stocks that will benefit from rising inflation, specifically with railroads and defense contractors. Here is one railroad and one defense contractor with durable earnings streams to buy in February. Lockheed Martin (NYSE: LMT) has been a mainstay of the defense industry for decades, becoming one of the largest customers for the U.S. government and its allies.
Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were falling 4% in morning trading Monday at 10:37 a.m. on no company-specific news, but the stock has been on a tear so far this year, up 22% year to date. In a notable mention last week, Apple (NASDAQ: AAPL) CEO Tim Cook told analysts during the tech giant's fiscal first quarter earnings conference call that the company was "all in" on being Taiwan Semiconductor's largest customer at its new Arizona facilities. Although Taiwan Semiconductor has been able to sidestep many of the supply chain snags that have embroiled other leading chipmakers, its own latest earnings report had the world's leading pure-play foundry saying weakening consumer demand could result in first-quarter revenue dropping as much as 5%, leading to cuts in this year's capital expenditures compared to a year ago.
Yahoo Finance Live anchors discuss the decline in stock for RH.
AllianceBernstein, Gerdau, Hanesbrands, Sunoco and Janus Henderson Group have been highlighted in this Value Investor article.
Indian billionaire Gautam Adani saw his net worth melt by tens of billions of dollars in a matter of days. Last September, Adani became by far the richest man in Asia and the second richest man in the world behind Elon Musk with a fortune estimated at $150 billion. This fortune is currently valued at $59 billion as of Feb. 4, according to Bloomberg Billionaires Index. It has melted a total of $91 billion in six months.
Ardelyx, Inc. ( NASDAQ:ARDX ) is possibly approaching a major achievement in its business, so we would like to shine...