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Shares of the video game retailer GameStop (NYSE: GME) had popped nearly 26% as of 1:37 p.m. ET today as excitement over a potential short squeeze rose on social media. GameStop is the pioneer of the meme-stock movement that took 2021 by storm, so the stock is heavily susceptible to big random moves up and down. Today, it looks like interest in the stock on social media is building, as short interest has risen to the highest it's been in more than a year, according to analytics company Ortex.
Yahoo Finance Live's Jared Blikre reports on Tesla CEO Elon Musk boosting his equity commitments towards his bid for Twitter, now totaling $33.5 billion.
Yahoo Finance's Jared Blikre examines Nvidia's Q1 earnings report and its stock movements in comparison to the rest of the semiconductor industry.
Longtime homeowners and those whose property value has skyrocketed could be in for a particularly nasty surprise. Here are some ways to reduce the tax bill.
The semiconductor titan is dealing with some near-term macroeconomic challenges, but its long-term future remains bright.
DEEP DIVE The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines.
Wednesday was yet another strong day for oil and gas stocks, but shares of natural gas companies stood out, with many soaring by double-digit percentages. Range Resources is a Texas-based natural gas exploration and production company with major operations in the Marcellus shale in Pennsylvania. The company also produces natural gas liquids and crude oil, but almost 70% of its production is natural gas.
One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks. Using history as a guide, the S&P 500 (SPX) the Dow Jones Industrial Average (DJIA) and the Nasdaq Composite (COMP) stand to advance 15%-20% over the next three months. “Quality” means buying by insiders with strong records, buying by executives over directors who are further from the business, and bullish formations like cluster buys.
Stock markets have been bearing the brunt of multiple headwinds in recent months. Persistently high inflation, slowing GDP growth, and a jobs market that, while expanding in absolute terms, is still down from pre-pandemic levels are feeding fears that we’re facing a round of ‘70’s-style stagflation. And these have combined with geopolitical factors – the Russia-Ukraine war, the resumption of severe lockdown policies in China – to ratchet up worries about recession in the near term. It’s a tradin
Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.
Yahoo Finance Live's Seana Smith looks at Costco shares ahead of the retailer's earnings report coming out tomorrow.
The markets these days are flashing warning signs for investors. High inflation and slowing GDP growth threaten a return to the stagflation of the late 70s, while China’s strict anti-COVID lockdowns and the Russia-Ukraine war are working together to keep supplies of oil, food, and manufactured goods short, supply chains tangled – and prices high. In short, it’s an investment environment that cries out for defensive plays. Dividend stocks are clear choice for investors looking to buy in. Their ap
The current market conditions – the NASDAQ is down 28% year-to-date, and the S&P 500 is down 17% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, like those under $10, which offer both learning opportunities and huge upside potential. However, in evaluati
Shares of Snowflake Inc. tumbled in after-hours trading Wednesday after the software company delivered a forecast for the current quarter that came in below expectations at the midpoint.
Are there legal consequences when restaurants advertise exaggerated versions of their menu items? The photographic evidence from one lawsuit.
(Bloomberg) -- Elon Musk is dropping plans to partially fund his purchase of Twitter Inc. with a margin loan tied to his Tesla Inc. stake and increasing the size of the deal’s equity component to $33.5 billion. Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysWhy So Few Big Rats Have Fled Putin’s ShipStocks Climb in Volatile Sess
Snowflake stock tumbled after first-quarter revenue topped estimates, but Wall Street hoped for more in upcoming revenue.
The Fed is still not doing nearly enough to shrink the money supply and reduce excess demand for labor, energy, metals, houses, and other goods and services.
Commerce Secretary Gina Raimondo has been frustrated by the slow pace of a proposed bill to spend billions on semiconductor manufacturing and upped the stakes in a new interview, saying that the economic damage could become permanent soon.
Oil and gas producers have shifted their business models to prioritize profitability. The new philosophy has helped their stocks and financial results.