Shares of Sundial Growers (NASDAQ: SNDL) were soaring 16.1% higher as of 11:18 a.m. ET on Monday. No outside investor should legally know what Sundial will report in its Q1 update. No insider who does know what the company will say can legally trade the marijuana stock.
Warren Buffett’s Berkshire Hathaway has used the recent markets slump as an opportunity to ramp up spending on stocks.
Jefferies Equity Research Analyst Brent Thill joins Yahoo Finance Live to discuss the expectations for Elon Musk’s Twitter takeover amid accusations that the social media platform has made against him.
Shares of the e-commerce platform company Shopify (NYSE: SHOP) were sliding today, on seemingly no company-specific news. Instead, investors were likely continuing to fear that high inflation and interest rate hikes by the Federal Reserve could slow down the economy. Investors have grown increasingly concerned that the Fed won't be able to pull off a so-called soft landing for the economy as it raises the federal funds rate to tamp down inflation, which is running at a nearly 40-year high.
Biotech stocks have taken a beating to start the year, with the S&P Biotech Industry Index down more than 49% so far. There are several reasons a biotech stock could go parabolic -- that is, have its shares see a sharp rise in a short period. The company could be the buyout target of a merger deal with a larger pharmaceutical company.
Investors are furious about management's plan to sell its most valuable asset in order to chase a lackluster oncology program.
The Dow Jones index finished last week with a modest loss, even after a late-week rally in Friday’s session. It marked the seventh week in a row that the Dow posted a weekly loss, it’s longest such streak in two decades. That capped a brutal season of market losses, all across the board. The S&P 500 is down 16% this year, and the NASDAQ, with a year-to-date loss of 25%, is into bear market territory. Investors have been giving conflicting sets of reactions to the market’s fall. Coming at it from
In this article, we discuss 10 dividend stocks to buy for financial freedom. If you want to see more stocks in this selection, click 5 Dividend Stocks to Buy for Financial Freedom. According to Goldman Sachs, investors expect higher share repurchases and increasing dividends in 2022. The investment bank raised the buyback estimate to $1 […]
In a tumultuous market, it's more important than ever to invest in great companies led by outstanding managers. One such example is Advanced Micro Devices (NASDAQ: AMD). If you had bought $10,000 worth of AMD shares when Lisa Su became chief executive officer in 2014, your investment would be worth more than $225,000 today.
Growth stocks have taken a beating after the Federal Reserve announced in late 2021 that it would start raising interest rates. Rising rates are bad for growth stocks because future cash flows are discounted at higher rates. For instance, Roblox (NYSE: RBLX) and Chegg (NYSE: CHGG) are two solid companies down 75% and 84%, respectively, off their highs.
With the Nasdaq Composite index down roughly 27% this year as of this writing, several growth stocks have also seen significant correction. Let's discuss five such top stocks that look very attractive right now. The stock's market capitalization, which crossed $150 billion days after its listing, has fallen to $22 billion.
Miller Value Partners, an investment management firm, published its “Opportunity Equity” first quarter 2022 investor letter – a copy of which can be downloaded here. Amidst the challenges, Miller Opportunity Equity’s net fees declined 3.57% in the quarter, outperforming its benchmark, the S&P 500’s -4.60% return. The Strategy’s long-term performance remains strong. Since inception annualized returns […]
Investors are facing a confusing environment, with long- and short-term signals sending different messages. Inflation remains stubbornly high, above an 8% annualized rate, and the Federal Reserve has made it clear that additional interest rate hikes are in the offing. Stocks are well off their highs, and despite last Friday's gains, the S&P 500 and the Nasdaq posted their sixth consecutive weekly loss. But there are positives, too. The 1Q22 earnings season gave an upbeat vibe, as more than three
Now could be a great time to put that cash to use toward an investment in these three Dividend Kings that could provide robust returns for a lifetime. Shares of AbbVie (NYSE: ABBV), Lowe's (NYSE: LOW), and Parker Hannifin (NYSE: PH) more than tripled over the past 10 years as investor confidence remained strong. AbbVie was spun off from Abbott Labs in 2013 as a research-based pharmaceutical business.
In this article, we will discuss 10 best wind power and solar stocks to buy. You can skip our detailed analysis of the wind and solar segments in the energy sector and go directly to 5 Best Wind Power and Solar Stocks To Buy. Rallying oil prices, global warming, and the global transition toward electrification […]
Being a "'platform" sounds well and good, but it's hard for fintechs involved in lending to escape the economics of banks.
"Twitter legal just called to complain that I violated their (non-disclosure agreement)," Musk Tweeted Saturday.
In a Dallas suburb last week, a whip-cracking 9-year-old white boy came to the front porch of one of his neighbors and banged on their […]
(Bloomberg) -- From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels. Most Read from BloombergGoldman’s Blankfein Says US at 'Very, Very High Risk' of RecessionMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionHow Omicron Inf
Regardless of whether you're relatively new to the stock market or have been putting your money to work on Wall Street for decades, this has been a challenging year. The sell-off has been even more pronounced in the growth-focused Nasdaq Composite, where the peak-to-trough move since hitting its all-time high in November was nearly 30% last week. While there are a number of reasons behind this sell-off, tech stocks are shouldering a lot of the blame.