Lucid (LCID) shares soared as much as 88% on Friday and were repeatedly halted for volatility following speculation that Saudi Arabia's Public Investment Fund is considering buying a remaining stake in the luxury electric vehicle startup.
A new era is about to begin at Toyota. The reasoning of the Japanese behemoth has always been that consumers were not ready to adopt electric vehicles. As a result, Toyota favored a policy of small steps.
Asia's richest man is rocked by a U.S. short-seller's allegations of fraud and money laundering.
Yahoo Finance Live co-host Seana Smith checks out some of the stocks trending in the after-hours trading session.
Apple earnings and the Fed meeting loom, but don't sit out a possible "life-changing" market rally. Tesla rival BYD is an aggressive buy.
Right now, the average price for a loaf of bread is, approximately, $1.87. Under a new law proposed by House Republicans, that price would go up to more than $2.50. This would be the result of the Fair Tax Act, … Continue reading → The post Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate appeared first on SmartAsset Blog.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been a money machine for his shareholders since taking the reins in 1965. Through this past weekend, he's presided over a nearly 3,800,000% increase in the value of Berkshire's Class A shares (BRK.A).
Is it the key to better mental health? Or just plain lazy?
STOCKSTOWATCHTODAY BLOG Lucid soared Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubled, to $17.
Today's video focuses on Nvidia (NASDAQ: NVDA) and recent news that its products will be used to upgrade the Berzelius supercomputer at Linköping University in Sweden. The supercomputer will use various Nvidia products, from its data center infrastructure solutions to numerous software solutions.
Tesla shares are jumping for a 2nd day as investors and analysts continue to break down what was revealed during Tesla’s Q4 earnings report. Gary Black of the Future Fund says it was the Cybertruck news that's the most important.
Intel's turnaround hits another snag. CEO Pat Gelsinger sits down with Yahoo Finance.
Nio (NYSE: NIO), a stock that rode the electric vehicle (EV) hype in 2021, turned out to be among the biggest losers in 2022 -- it plunged 69% last year. At current prices, Nio could be a rare opportunity to buy a growth stock in a fast-growing industry. Here are the three biggest reasons why Nio stock is a solid buy right now for 2023.
Don't beat yourself with someone else's yardstick.
Let's see if some analysis can provide the answer to whether or not investors should consider SoFi stock right now. Today, while student financing remains a major part of its business, it offers a broad array of services, such as personal banking, investing, credit cards, and mortgages.
Through the close of yesterday's trading session, shares of Canoo (NASDAQ: GOEV) seemed to be on track end the week lower than they began. As of 2:12 p.m. ET, shares of Canoo are up 8.5%, having retreated from their earlier rise of 13.4%. After the market closed yesterday, Canoo announced that Ken Manget had been appointed chief financial officer, replacing Ramesh Murthy, who had served as the interim CFO.
After it was voted down, Mullen's stock raced to a 10% increase over the course of the week, according to data compiled by S&P Global Market Intelligence. In a special meeting of shareholders held on Wednesday, Mullen conducted a vote on that reverse stock split. While maintaining a stock market listing isn't do-or-die for businesses, maintaining a presence is vital for both prestige and for potential capital-raising efforts in the future.
Plug Power (NASDAQ: PLUG) disappointed investors with its latest business update, and its shares were punished yesterday. As of 3:45 p.m. ET Friday, shares of the hydrogen production and fuel cell company were higher by 3.4%. Responses to the update shared by Barron's today included Evercore ISI analyst James West writing that it was "full steam ahead in 2023" for Plug Power.
AT&T (NYSE: T) reported earnings this week, and while there was steady growth, a high dividend yield, and strong cash flow, the company continues to pay the price for previous investments. Travis Hoium, Jason Hall, and Jon Quast discuss the company's operations and why they're hesitant to buy the stock.
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.