Yahoo Finance Plus LONDON, June 6 (Reuters) - The BBC reported on Monday that sources close to British Prime Minister Boris Johnson believed that he had won a vote of confidence among elected members of his Conservative Party.
"Sources close to PM confident he’s won vote," said BBC political correspondent Nick Eardley on Twitter. (Reporting by William James Editing by William Schomberg)
High-quality items seldom go on sale. Grab them when they do.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
Shares of Nvidia (NASDAQ: NVDA) plunged this week after the company's stock received a price target cut, some analysts had a few negative comments about the chip market, and investors worried that comments made from another chip company about slowing demand might mean bad news for Nvidia as well. Investors panicked a bit on all this news and sent the semiconductor stock falling 15.3% over the past week. Nvidia started off the week with Morgan Stanley warning that there could be a potential slowdown in demand for graphics processors as Ethereum, a leading blockchain and cryptocurrency, switches to a proof-of-stake model and away from its current proof-of-work setup.
The mood has changed at the headquarters of Meta Platforms , parent of Facebook, Instagram and WhatsApp, in Menlo Park, California. For months now, many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy by the Federal Reserve and central banks around the world to combat record price increases everywhere. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the Covid-19 pandemic.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
Two weeks that seemed like an eternity in Elon Musk's world. After having dominated almost all conversations in business circles since the beginning of the year, the richest man in the world had suddenly become silent since June 21, the date of his last tweets on the microblogging website Twitter.
The "Truth Be Told" actress previously spoke to Yahoo Life about taking time for self care, which can include just a few quiet moments.
Zuckerberg's chilling message to Meta Platforms Inc. employees: The company faces one of the "worst downturns that we've seen in recent history" that will necessitate a scaling back in hires and resources.
The CEO of social media giant Meta is pessimistic about the economy and is looking for ways to keep his company profitable.
Oppenheimer continues to expect strong fundamentals in the U.S. banking sector, even as fears of a recession heighten.
Suze is bearish — but not on everything.
Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.
Our latest guide to income investing explores opportunities in categories ranging from junk bonds to TIPS and REITs.
(Bloomberg) -- A “recession shock” begins for markets following the worst first-half for the S&P 500 in more than 50 years, Bank of America Corp.’s Chief Investment Strategist Michael Hartnett says.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesHow Europe Became the Epicenter for This Summer’s Travel ChaosStock Doomsayers Vindicated in Historic First Half: Ma
Shares of Kohl's (NYSE: KSS) plummeted 26.9% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence, after the department store chain decided against selling itself and would instead remain an independent retailer. Kohl's has been the target of activist investors for more than a year amid growing disappointment with the retailer's direction. Although only one of the trio of hedge funds pushing for change was still around this year, it recently lost its attempt for a seat on Kohl's board.
The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s.
As the painful first half of 2022 ends, many income investors are hoping for some sort of relief. Many dividend stocks have seen their yields creep subtly higher in recent months as their share prices slowly trended lower. For income investors, the current environment has been quite hostile to dip-buyers. We've suffered quite a few short-lived bear market bounces this year. Many more are sure to follow. Though the likelihood of a V-shaped recovery is diminishing with every swift move lower, ther
Today we will run through one way of estimating the intrinsic value of Occidental Petroleum Corporation ( NYSE:OXY ) by...
Michael Burry called the stock market the “greatest speculative bubble of all time in all things” last year. Now, he’s arguing corporate earnings will take a hit, driving prices even lower.
(Bloomberg) -- It’s been a chaotic, and costly, time for many investors. But 2022 is only half over and the stocks tale will probably have more twists and turns before the year is up.Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesNetflix Crashes After ‘Stranger Things 4’ Finale ReleaseComing off th
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