U.S. Markets closed

  • S&P Futures

    3,902.00
    +4.25 (+0.11%)
     

  • Dow Futures

    31,241.00
    +39.00 (+0.12%)
     

  • Nasdaq Futures

    11,838.00
    -40.25 (-0.34%)
     

  • Russell 2000 Futures

    1,771.50
    -3.40 (-0.19%)
     

  • Crude Oil

    110.35
    +0.46 (+0.42%)
     

  • Gold

    1,845.10
    +3.90 (+0.21%)
     

  • Silver

    21.87
    -0.03 (-0.13%)
     

  • EUR/USD

    1.0562
    -0.0026 (-0.2429%)
     

  • 10-Yr Bond

    2.7870
    -0.0680 (-2.38%)
     

  • Vix

    29.43
    +0.08 (+0.27%)
     

  • GBP/USD

    1.2495
    +0.0020 (+0.1587%)
     

  • USD/JPY

    127.8500
    +0.0560 (+0.0438%)
     

  • BTC-USD

    29,733.82
    -224.78 (-0.75%)
     

  • CMC Crypto 200

    650.34
    -23.03 (-3.42%)
     

  • FTSE 100

    7,389.98
    +87.24 (+1.19%)
     

  • Nikkei 225

    26,739.03
    +336.19 (+1.27%)
     
WEF 2022:

Yahoo Finance is in Davos! Get the latest updates here

German navy chief resigns over Putin comments

BERLIN, Jan 22 (Reuters) - Germany's navy chief stepped down on Saturday after drawing criticism for saying Russian President Vladimir Putin deserved respect and that Kyiv would never win back annexed Crimea from Moscow.

"I have asked Defence Minister Christine Lambrecht to relieve me from my duties with immediate effect," vice-admiral Kay-Achim Schoenbach said in a statement.

"The minister has accepted my request," he added. (Reporting by Sabine Siebold; Editing by Catherine Evans)

Recommended Stories

  • Why Shares of GameStop Are Surging Today

    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.

  • Elon Musk committing another $6.25B to Twitter bid: SEC filing

    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.

  • Nvidia stock falls after missing on second-quarter guidance

    Yahoo Finance's Jared Blikre examines Nvidia's Q1 earnings report and its stock movements in comparison to the rest of the semiconductor industry.

  • Don’t get sucker-punched by capital gains taxes when you sell your home

    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.

  • Nvidia Stock Sank in After-Hours Trading Today -- Here's Why the Stock Could Be a Solid Buy

    The semiconductor titan is dealing with some near-term macroeconomic challenges, but its long-term future remains bright.

  • Dividend stocks have trounced the market this year. Here are 15 high-yield stocks expected to raise payouts the most through 2024

    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.

  • Why Range Resources, Southwestern Energy, and NextDecade Stocks Jumped Double Digits on Wednesday

    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.

  • Strong insider buying suggests a 15% rally in the S&P 500 from here

    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.

  • Twitter Investors Deal a Big and Humiliating Blow to Musk

    Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.

  • J.P. Morgan Makes 2 Bottom-Fishing Bets for Over 90% Upside Potential

    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

  • Billionaire Steven Cohen Bets Big on These 2 High-Yield Dividend Stocks

    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

  • Costco set to report Q3 earnings on Thursday afternoon

    Yahoo Finance Live's Seana Smith looks at Costco shares ahead of the retailer's earnings report coming out tomorrow.

  • This is the photographic evidence presented in a lawsuit over fast-food burger sizes

    Are there legal consequences when restaurants advertise exaggerated versions of their menu items? The photographic evidence from one lawsuit.

  • 2 “Strong Buy” Stocks Under $10 That Are Too Cheap to Ignore

    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

  • Snowflake stock slides after earnings as company says macro issues are impacting some customer activity

    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.

  • Musk’s Revised Twitter Bid Drops Margin Loan, Requires More Cash

    (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 Tumbles As Size Of Revenue Beat, Guidance Disappoint

    Snowflake stock tumbled after first-quarter revenue topped estimates, but Wall Street hoped for more in upcoming revenue.

  • The Fed must boost rates by a full percentage point at every meeting to bring down inflation and avoid a job-killing recession

    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.

  • NYSE Vice Chair: ‘Markets have their ups and downs’

    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.

  • Why Palantir Stock Was a Winner on Wednesday

    Data-mining and analytics specialist Palantir Technologies (NYSE: PLTR) was a fine stock to own on Wednesday. Early that morning, Palantir said it has forged a new deal with Stellantis (NYSE: STLA), the big global auto manufacturer. Under the terms of the arrangement, Stellantis will implement the Palantir Foundry operating system (OS) throughout its business.