SAO PAULO, Dec 8 (Reuters) - Brazilian state-run oil company Petrobras said on Thursday it had made no decision about suspending the sale of refineries included in its divestment portfolio.
Petroleo Brasileiro SA's remarks come as members of President-elect Luiz Inacio Lula da Silva's transition team asked the firm to halt asset sales until he takes office on Jan. 1. (Reporting by Gabriel Araujo; Editing by Steven Grattan)
Yahoo Finance Live’s Jared Blikre breaks down how stock futures are reacting to the January jobs report.
Yahoo Finance's Pras Subramanian breaks down Ford earnings.
When Cathie Wood speaks, people listen. The chief executive of Ark Investment Management has had a far-from-perfect record when it comes to her investment choices -- not to mention not exactly flattering feedback from CNBC's Jim Cramer. When asked what stock Wood would choose she won a million dollar lottery and was forced to choose a stock for ten years, Wood's pick was just as disruptive as her reputation.
The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. The semiconductor industry is a good example. The pandemic triggered chip shortages across the world in 2020 and 2021, which gave manufacturers pricing power and drove monumental growth.
The Oracle of Omaha has spent over $63 billion since mid-2018 buying a stock that doesn't show up in Berkshire Hathaway's 13F filings or investment portfolio.
A brutal bear market may have put some investors off stocks. The emotional pain of seeing one's assets lose considerable value was undoubtedly too much for some investors to bear. Knowing this, investors may want to consider taking advantage of discounted prices in stocks such as MercadoLibre (NASDAQ: MELI), Zscaler (NASDAQ: ZS), Snowflake (NYSE: SNOW), and Shopify (NYSE: SHOP).
Despite a slower start this year, Gilead appears to be in pretty good shape to resume its momentum. CEO Dan O'Day stated in the press release announcing the numbers, "2022 marked Gilead's strongest full-year growth in our base business since HCV sales peaked in 2015." Is Gilead Sciences stock a buy after its strongest results in seven years?
Yahoo Finance Live anchors break down how Alphabet stock is trading on the heels of earnings.
Change doesn't have to be bad.
The 99-year-old investing legend has spoken.
Car maker Ford's fourth-quarter earnings per share missed analyst forecasts. The operating-profit outlook met expectations, however.
Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”
Ford Motor Co. late Thursday reported mixed quarterly results, with Chief Executive Jim Farley saying that the auto maker left $2 billion in profit on the table, referring to the company's full-year losses.
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Amazon shares slide lower in the after-hours trading session despite following a Q4 revenue beat and earnings miss.
It came in one word on Jan, 31. Its author is Michael Burry, the founder of the hedge fund Scion Asset Management. Burry is known for his bet on the collapse of the U.S. housing market, which led to the 2008 financial crisis.
Yahoo Finance Live anchors break down January jobs report data.
Yahoo Finance's Ines Ferré breaks down Qualcomm earnings, which beat on the bottom line but missed on the top line.
Some speculative S&P 500 stocks may be getting some lift this year. But make no mistake — value stocks are still in control.
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