It was the first time the telescopes have observed the same celestial target simultaneously.
Sports reporter Josh Schafer outlines the circumstances of Nike's first-quarter earnings beat.
AT&T is trading lower Thursday and is very close to a major support breakdown. How major do you ask? Let's look at one Point and Figure chart. In the daily Point and Figure chart of T, below, we used close-only price data.
Wall Street is on a roller coaster again, as investors try to navigate the path between high inflation and the Fed’s aggressive interest rate hikes. The former is raging – whether you blame Russia or Biden, the fact of high inflation can no longer be avoided – while the latter is rising – but whether it is rising fast enough to blunt inflation is yet to be determined. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, takes a hint from the bond market, where the US Treasury 2-year no
Shares of several real estate stocks and mortgage real estate investment trusts (REITs) struggled today as mortgage rates soared. Shares of the real estate brokerage Redfin (NASDAQ: RDFN) traded close to 7% lower as of 11:50 a.m. ET today. Meanwhile, shares of mortgage REITs AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY) traded more than 5% and nearly 10% lower, respectively.
The stock market took a U-turn on Thursday, erasing all the gains it made on Wednesday as investors continued to worry about the impacts of high inflation and the interest rate hikes that central banks are implementing to get it back in check. As of 11:40 a.m. ET, the S&P 500 was down 2.1%, and the tech-heavy Nasdaq has lost 2.9%. Companies tied to the electric vehicle industry were getting hit especially hard, with Rivian Automotive (NASDAQ: RIVN) down 5% and Chinese luxury EV-maker Nio (NYSE: NIO) falling 8.2%.
Is this enough to stop conflicts of interest? To a certain extent.
Shares of Carmax dipped sharply after the company missed second-quarter earnings expectations.
The Dow Jones Industrial Average sold off Thursday after key economic data. Apple stock fell on a downgrade.
The most important plane to the Wichita economy now has increased competition in one of commercial aerospace’s most important international markets. China’s aviation regulator on Thursday granted certification to the new C919, a narrow-body jet built by its state-owned Commercial Aircraft Corp. of China that will rival the offerings of the Boeing Co. and Airbus. According to a report from Reuters, news of the certification, which had been expected by the end of the month, was revealed through photos of a state-backed ceremony that were shared online.
These Apple suppliers are at risk if the tech giant pulls back on iPhone production, warns Bank of America.
The broader market was down sharply and that was certainly impacting Carvana stock. As of 12:01 p.m. ET, Carvana stock was down 18.5%. First, let's recognize that Carvana is a volatile stock to begin with.
Shares of semiconductor specialist Advanced Micro Devices (NASDAQ: AMD) were falling today, likely in response to new data on U.S. jobless claims. Investors are processing the latest employment data that showed a stronger-than-expected labor market. Instead, it appears that AMD shareholders were reacting to the latest jobless claims report.
Dividends can offer fat full-time income. But the math needs to work.
Dead cat bounce? This legend certainly thinks so.
Market instability is the biggest risk to central banks globally, replacing inflation, owing to massive amounts of leverage. Market stability affords the Fed the space needed for the most aggressive rate-hiking campaign since the late 1970s. The BOE on Wednesday was forced to start buying bonds to solve a potential crisis with U.K. pension funds.
Yahoo Finance's Jared Blikre and Akiko Fujita discuss stocks extending losses on the back of jobless claims and other catalysts.
I bonds are a very popular investment asset, especially in a time of market volatility - the guaranteed variable return is attractive in a time when other investments seem too risky. There's only one major downside - you are limited … Continue reading → The post Senators Are Fighting to Help You to Buy More I Bonds Soon appeared first on SmartAsset Blog.
Stocks plunged on Thursday as Wall Street continues to worry about a potential recession in the U.S., the expanding impact of a war in Europe, and tensions between China and the West. Shares of Boeing (NYSE: BA), one of the companies most closely tied to international trade, fell more than the broader markets, down as much as 5% on Thursday morning. Boeing's core business is providing the airplanes that connect the globe, but it is getting harder to make the case there will be a lot of demand for those airplanes in the quarters to come.
While EV-minded investors were accelerating into shares of QuantumScape (NYSE: QS) on Tuesday, they're shifting into reverse today. As of 12:02 p.m. ET, shares of QuantumScape are down 8.1%. In addition to the overall dour sentiment pervading the markets today, investors are choosing to unplug from QuantumScape's stock after learning of an analyst's recent outlook on the company and his price target on its shares.