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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.
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.
Yahoo Finance Editor-at-Large Brian Sozzi is joined by NYSE Vice Chmn. & Chief Commercial Officer, John Tuttle at the 2022 World Economic Forum in Davos, Switzerland as they discuss the forum and the state of the market.
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
(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 AttackWhy So Few Big Rats Have Fled Putin’s ShipStocks Climb in Volatile Session After Fed Minutes: Markets WrapPlot to Kill George W. Bush in Reveng
Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.
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
Yahoo Finance Live's Seana Smith looks at Costco shares ahead of the retailer's earnings report coming out tomorrow.
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
Yahoo Finance's Jared Blikre examines Nvidia's Q1 earnings report and its stock movements in comparison to the rest of the semiconductor industry.
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.
BABA stock trades near a six-year low as China internet giant Alibaba gets ready to report year-end results Thursday morning.
Financial officials described cryptocurrencies as unreliable and worthless, with one even comparing them to pyramid schemes.
Here's what a fundamental and technical analysis says about Google stock. GOOGL stock buybacks remain high as web search and YouTube advertising rebound. But cloud computing growth is key.
(Bloomberg) -- Russia will service its dollar debt in rubles after the expiry of a sanctions loophole closed the option of payments in the US currency, potentially putting Moscow on track to default.Most Read from BloombergBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackFed Saw Aggressive Hikes Providing Flexibility Later This YearPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Climb in Volatile Session After Fed Minutes: Markets WrapWhy So Few Big Rats
With me in Bozeman, Montana, are Frank Slootman, our chairman and chief executive officer; Mike Scarpelli, our chief financial officer; and Christian Kleinerman, our senior vice president of product, who will join us for the Q&A session. During today's call, we will make forward-looking statements, including statements related to the expected performance of our business, future financial results, strategy, products and features, long-term growth, and overall future prospects.
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.
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