Yahoo Finance Live’s Brian Sozzi discusses the decline in stock for Bed Bath & Beyond amid share sale news.
Yahoo Finance's Julie Hyman breaks down notable business headlines, which include BP posting record profits and slowing its shift away from oil, Apollo Global Management exploring a stake in a Credit Suisse unit, and SoftBank's vision fund battling hit by a tech slump. (Apollo Global Management is Yahoo Finance's parent company.)
C3.ai (NYSE: AI) has had an amazing run this year. Inspired by the wildfire popularity of ChatGPT, and investor dreams of AI-fueled riches, shares of the artificial intelligence stock were up nearly 150% since the start of this year -- until all of a sudden, C3.ai stock turned tail this morning and retreated.
Shares of start-up lithium miner -- and General Motors partner -- Lithium Americas (NYSE: LAC) soared 8.1% through 11:50 a.m. ET on Tuesday, after a federal district court in Nevada issued what the company called a "favorable ruling" in an appeal against a Bureau of Land Management (BLM) ruling. As Reuters relates, the U.S. District Court for the District of Nevada instructed the BLM to consider whether Lithium Americas should be permitted to dump waste rock from its Thacker Pass lithium project at a location just south of the Oregon border. In short, Lithium Americas now has a green light to proceed with exploitation of what Lithium Americas calls "the largest known lithium resource in the U.S." It keeps the company on track to begin producing up to 40,000 tons of lithium carbonate per year by late 2026, and as much as 80,000 tons per year in a later Phase 2 of the project.
Federal Reserve Chair Jerome Powell spoke Tuesday at the Economic Club of Washington, D.C.
A Canadian transportation and logistics specialist disclosed an investment in U.S. trucking company ArcBest (NASDAQ: ARCB), and some investors are betting it is a precursor to a buyout. Shares of ArcBest jumped as much as 20% on Tuesday morning after the stake was disclosed. ArcBest specializes in truckload and less-than-truckload freight transport, logistics, and brokerage operations, with a focus on the central United States.
Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company"), a large, innovation-focused digital asset mining pioneer and high performance computing infrastructure provider, and U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC"), builder and strategic operator of four Bitcoin mining centres across the United States, announced today that each of their Boards of Directors have unanimously approved a definitive business combination agreement (the "Business Combination Agreement")
Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.
Yahoo Finance's Jared Blikre breaks down Citi bears betting on the end of a Nasdaq rallies and what a rise in the Nasdaq means for sentiment leaders such as bitcoin and the ARK Invest flagship ETF.
George W. Bush's Social Security privatization plan crashed and burned in 2005. Mike Pence wants to revive it, and you'll pay dearly.
In this video, I will be talking about Intel's (NASDAQ: INTC) future, specifically what it needs to do in the next three years, and the lessons we can learn from AMD's remarkable turnaround. *Stock prices used were from the trading day of Feb.
Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.
Someone in Washington state overcame steep odds Monday night to win an estimated $747 million Powerball jackpot.
Tesla is raising the price for the Model Y after the U.S. government issued a rule change for its EC tax credit. Here’s what you need to know: Tesla hiked the price of its Model Y Long Range by 2%, giving the electric vehicle a new price tag of $54,990. The price hike is coming on the heels of a significant rule change for how the government defines an SUV, allowing more vehicles to fall within the SUV category and still qualify for the federal government’s $7,500 EV tax credit, even at higher prices. Tesla CEO Elon Musk has publicly criticized the government’s eligibility rules in the past, and just last week met with top White House officials to discuss “shared goals around electrification” and advancing electric vehicle production. The adjusted guidance now caps the Model Y’s eligibility for the tax credit at $80,000, giving Tesla a lot more room to run, in terms of incrementally raising prices. The bottom line for consumers looking at EVs — you might want to order one now before prices rise again.
Devon Energy (DVN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A Roth 401(k) is a solid option for retirement savers, especially those who don't anticipate finding themselves in a lower tax bracket when they retire. A Roth 401(k) works similarly to other retirement savings accounts - you put your money … Continue reading → The post A Roth 401(k) Just Got a Lot More Attractive appeared first on SmartAsset Blog.
Despite the Nasdaq-100 rocketing 10.6% higher in January 2023, some stocks haven't had nearly the same success. The three worst Nasdaq-100 performers in January were Enphase Energy (NASDAQ: ENPH), Intuitive Surgical (NASDAQ: ISRG), and Automatic Data Processing (NASDAQ: ADP). Enphase was the basement dweller among Nasdaq-100 stocks, down 16.5% in January.
In this article, we will discuss the 10 stocks recently upgraded by analysts. If you want to see more such stocks on the list, you can directly visit Analysts Are Upgrading These 5 Stocks. ON Semiconductor Corporation (NASDAQ:ON) and Pinterest, Inc. (NYSE:PINS) were among the notable stocks that posted their fourth-quarter results on Monday. While […]
From simple beginnings to becoming a national retail titan that sold everything from coffee makers to candy, the company's more than 50-year long journey has been both adventurous and chaotic.
NEW YORK (Reuters) -A federal judge on Tuesday rejected a proposal to modify Sam Bankman-Fried's bail conditions, despite an agreement between the FTX cryptocurrency exchange founder and prosecutors to address potential witness tampering concerns. U.S. District Judge Lewis Kaplan in Manhattan did not provide reasons for the denial, and said a hearing on bail remains scheduled for Feb. 9. A spokesman for Bankman-Fried declined to comment.