Yahoo Finance Plus Second Quarter 2020 Highlights (as compared to prior year quarter):
Shares of cruise line stocks plunged in trading on Tuesday as the market continues to grapple with economic uncertainty. Industry giant Carnival (NYSE: CCL) (NYSE: CUK) was down as much as 11.3% in trading today, Royal Caribbean Cruises (NYSE: RCL) fell 10%, and Norwegian Cruise Line Holdings (NYSE: NCLH) dropped 11.8%. The news continues to be murky at best with companies warning of slowing sales in a variety of sectors, consumers experiencing inflation, and the Federal Reserve continuing to indicate that it will keep raising interest rates.
Yahoo Finance's Dave Briggs discusses what to expect from Nvidia earnings.
This super investor is going against the herd. Maybe you should, too.
These passive income powerhouses will bring in between $101 million and $904 million annually for Berkshire Hathaway.
’A sharper downturn in residential investment is now underway,’ said Doug Duncan, chief economist at Fannie Mae.
Asset manager Cathie Wood also bought shares of her flagship fund's No. 3 holding and shares of a cryptocurrency exchange.
Snap (NYSE: SNAP) issued a warning after the market close on Monday, suggesting that the economic picture was rapidly declining, sending its stock down as much as 41.7%. Pinterest (NYSE: PINS) was hit the hardest, with shares down roughly 22% at 1:30 p.m. ET. Shares of The Trade Desk (NASDAQ: TTD) and Roku (NASDAQ: ROKU) had fallen 19.8% and 18%, respectively.
Boeing (NYSE: BA) just can't seem to steer clear of turbulence, and investors along for the ride are likely feeling airsick. Boeing hasn't given investors much to get excited about over the past few years. The company was already under pressure when the pandemic hit due to issues with its 737 MAX, a plane that was grounded for 18 months following a pair of fatal crashes.
CoinDesk reviewed the high-profile investor's track record in forecasting the largest cryptocurrency's price, following his latest call that bitcoin could drop to $8,000.
Shares of Shopify (NYSE: SHOP) were sliding today as the e-commerce software company was one of several tech stocks to fall in sympathy with Snap (NYSE: SNAP), which warned that second-quarter results would come in below its earlier guidance and blamed a deteriorating macroeconomic environment for the downward revision. As of 1:35 p.m. ET, Shopify stock was down 10.4%, while Snap had plunged 41.9% at the same time.
Our call of the day comes from Jefferies analysts, who round up some small to medium-size stocks that have been hit unreservedly hard in this market rout.
(Bloomberg) -- Eighteen students and one teacher were killed during a massacre in a Texas elementary school, the deadliest US school shooting since the Sandy Hook tragedy almost a decade ago. Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Finish Off Session Lows While Bonds Climb: Markets WrapSocial Media Stocks Sink to Erase $135 Billion on Snap WarningTexas Shooter Kills 18 Elementary School Children, One TeacherHungary’s Orban Declares S
Despite brief periods of respite, the markets have mostly trended south in 2022, with the NASDAQ’s 28% year-to-date loss the most acute of all the main indexes. So, where to look for the next investing opportunity in such a difficult environment? One way is to follow in the footsteps of the corporate insiders. If those in the know are picking up shares of the companies they managed, it indicates they believe they might be undervalued and poised to push higher. To keep the field level, the Federa
Last week, the S&P 500 finished Friday’s session with a rally that gave the index a small gain of 0.15% for the day. It was a good thing, too, since the index flirted with a net-20% loss during the session. That’s bear market territory, the kind of market move that will further spook investors after a springtime of headwinds. Inflation is running at 40-year high levels, Q1 showed a net economic contraction, Russia’s war on Ukraine promises to further damage supplies and prices in the food, cooki
It must be getting increasingly difficult for investors in Plug Power (NASDAQ: PLUG) to hold their nerve. The hydrogen stock sank Tuesday morning and was down by 8.9% as of 1 p.m. ET. With that drop, Plug Power stock has now lost almost 30% of its value in just the month of May.
Pfizer's nearly $7 billion takeover of Arena paid off Tuesday in ulcerative colitis treatment. The results could send Pfizer stock higher.
The Permian Basin is preparing to unleash a torrent of gas to meet exploding LNG demand, and the pipeline industry could benefit in a big way
What happened Shares of Novavax (NASDAQ: NVAX) were tumbling 9.7% as of 11:28 a.m. ET on Tuesday. The company didn't make any announcements that would explain the decline. Instead, Novavax's fall appears to be primarily a result of the overall stock market turmoil with all of the major market indexes sinking today.
The market spiral will end “when the Fed puts a line in the sand on inflation and says it will do ‘whatever it takes,’” says billionaire investor Bill Ackman.
Factoring in today's decline, Snap -- the parent of social media site Snapchat -- has now lost a stunning 84% from highs reached just last fall. Given its remarkable fall from grace, is Snap stock a buy? In a regulatory filing late Monday, Snap revealed that prevailing economic forces had turned south, and the company was unlikely to live up to its previously released forecast.
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