Shares of Farfetch (NYSE: FTCH) were plunging 23.6% in afternoon trading on Thursday after the online luxury fashion marketplace filed a business update with the Securities & Exchange Commission. Farfetch said it will host a Capital Markets Day with financial analysts and institutional investors today that will discuss in greater depth the company's strategic growth plan. On the surface, the guidance Farfetch shared wouldn't seem to warrant the collapse in its share price.
Profit from folly. Don’t participate in it.
Trading was halted for AMC after the stock saw heavy volume on Thursday afternoon.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
Shares of Costco fell after November data revealed a drop in sales.
There is no shortage of beaten-down stocks in the market, and that's true of Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) closely watched portfolio. Berkshire owns about four dozen different stocks, many of which were hand-picked by Warren Buffett himself, and many are down by 20%, 30%, or much more from recent highs. It's rare to find a company that is dominant in two distinct industries, but Amazon (NASDAQ: AMZN) certainly falls into this category.
CrowdStrike stock is a buy today -- but there's an even better bargain out there for stock investors.
Both oil stocks offer big yields and are excellent choices for income investors, but one could outperform in certain situations.
Shares of Tesla Inc. end flat on Thursday, seeming to ignore a potential catalyst later in the day with the electric-vehicle maker launching its electric commercial truck, the Semi, after years of delays.
There are plenty of attractive stocks that offer high dividend yields and are ripe for the picking as we roll into the end of the year. Here are three high-yield dividend stocks to buy in December that especially stand out. Ares Capital Corporation (NASDAQ: ARCC) offers a juicy dividend yield of over 9.7%.
If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.
The richest man in the world runs five companies. And he never hesitates to let the world know what he thinks.
We’re getting near an inflection point in the markets, and change is in the air. In the immediate short-term, the Fed is expected to slow down on its rate-hike policy. While another rate hike – seventh for 2022 – is widely predicted for this month, Fed Chair Jerome Powell made it clear yesterday that the Fed will likely raise rates by 50 basis points, rather than 75. Chalk that up to two factors: the slowdown in the rate at which inflation is increasing, per the October numbers, and the risk tha
Retirees or others looking for dividends can look at tobacco staple Altria Group (NYSE: MO) to stabilize their portfolio and put some money in their pockets. Altria isn't a stock for everyone, but here is why those holding it can sleep well at night, knowing that their investment is generating reliable dividend income. Zoom out enough, and you'll see that Altria's been a rough stock to hold over the past five years.
The EV maker doesn't usually offer sales or haggle over prices, but subsidies taking effect in January seem to have changed things.
In this article, we discuss the 12 safest stocks to invest in. If you want to see more stocks in this selection, check out 5 Safest Stocks To Invest In. The stock market outlook for 2023 is rather dismal as per the majority of Wall Street analysts. According to Deutsche Bank, global stocks are forecasted […]
Fisker said it intends "to take immediate and aggressive action to address the false and misleading claims made by Fuzzy Panda Research," adding that it owns the intellectual property for the Fisker Ocean Platform. In a report disclosing an unspecified short position earlier on Thursday, Fuzzy Panda Research said that Fisker's access to its funds is limited by bank guarantees that set a mininum cash balance.
In our call of the day, a former Wall Street investment banker warns that the cards are stacked against equity markets for the foreseeable future, and offers charts to back that up.
Elon Musk and Tesla changed the way consumers think about and look at cars. The groups are investing billions of dollars to develop electric vehicles. Consumers are also following developments, since their demand for these green vehicles is rising sharply even as the cars remain expensive and the numbers of charging stations continue to lag.
Yahoo Finance Live anchors discuss the decline in stock for Salesforce following news that co-CEO Bret Taylor will step down.