After slipping through September, markets have been trending up again in October. One possible reason: better-than-expected results from the Q3 earnings reports so far. With results in from 41 companies listed on the S&P 500, aggregate earnings are up more than 40% year-over-year. These solid results come even as revenues are down 13% yoy. Of the companies that have reported so far, 85% beat the anticipated EPS, while 70% beat on revenues. With these results, it should come as no surprise to see
R "Ray" Wang, Constellation Research Principal Analyst & Founder, joins Yahoo Finance to discuss the latest product releases from Apple ahead of the holiday season.
The company released a discouraging business update after market hours on Friday, and its stock took it on the chin the following trading day. In that update, Medtronic said that a clinical trial of its Symplicity Renal Denervation System to lower blood pressure in hypertension patients will continue for an unspecified length of time. In Medtronic's words, the monitoring board "has recommended that clinical trial enrollment continue as planned, until the full, predefined sample size is reached."
Mr. Wonderful is calling for a Bitcoin boom. But he hasn't forgotten about dividends.
(Bloomberg) -- Zillow Group Inc. shares fell as much as 6.8% in premarket trading Monday after the online real estate firm said it would stop buying new homes and work to clear a backlog of properties it already has.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureThe Biggest Public Graveyard in the U.S. Is Becoming a ParkGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverHate-Speec
Yahoo Finance's Jennifer Schonberger breaks down what to know about the Bitcoin futures ETF set to trade on the NYSE.
Shares of Carnival (NYSE: CCL)(NYSE: CUK) fell by 2.3% in trading Monday as much of the travel industry seemed to react to a slowing Chinese economy and manufacturing data that was much worse than expected due to ongoing supply chain disruptions. Last week, Carnival announced that several of its Princess vessels would resume cruising early next year, beginning in February.
In this article, we discuss the 9 best hydrogen fuel cell stocks to buy. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Hydrogen Fuel Cell Stocks To Buy. Hydrogen fuel cell technology is set to grow as governments around the world get serious about solving the climate […]
Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not … Continue reading → The post Where Do Millionaires Keep Their Money? appeared first on SmartAsset Blog.
In this article, we discuss Cathie Wood’s top 15 small-cap stock picks. If you want to skip our detailed analysis of Wood’s history, investment philosophy, and hedge fund performance, go directly to Cathie Wood’s Top 5 Small-Cap Stock Picks. Catherine Wood is an American millionaire investor, who founded ARK Investment Management in 2014. She serves […]
Admittedly, I don't have many stocks in my portfolio that pay high dividend yields. My positions tend to focus more on growth than on dividends. AbbVie (NYSE: ABBV) is only one dividend increase away from becoming a Dividend King -- S&P 500 members with at least 50 consecutive years of dividend increases.
Hydrogen fuel cell leader Plug Power (NASDAQ: PLUG) had a big week last week, announcing multiple corporate partnerships to manufacture fuel cell parts, pioneer fuel cell use in airplanes, and bring to market a hydrogen-powered fuel cell van. Plug's biggest news -- its prediction that revenues will leap to more than $800 million next year and more than triple that number over the following three years -- helped to raise analyst price targets and lift shares of Plug Power. It also sparked stock analyst initiations of peer fuel cell companies Ballard Power (NASDAQ: BLDP) and Bloom Energy (NYSE: BE) -- but not of FuelCell Energy (NASDAQ: FCEL).
These companies give investors diverse exposure to the EV sector with the potential for long-term rewards.
Bitcoin's price could catch a serious boost from a new ETF, according to analysts at Fundstrat.
Intel Corp. is expected to announce a bounce-back in data-center sales Thursday, but any rebound is likely to get pushed aside as Wall Street looks for answers to bigger questions.
Buy low, sell high. You've no doubt heard that investing advice plenty of times. And it has worked well through the years in many cases. However, there's another approach that also can be quite effective: Buy high, sell higher.
In this article we will check out the progression of hedge fund sentiment towards Suncor Energy Inc. (NYSE:SU) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]
Coal stock Peabody Energy (NYSE: BTU) shot up Monday morning, having jumped as much as 20.6% as of 11:10 a.m. EDT after the market took a liking to the coal producer's preliminary numbers. A deeper dive into the numbers, though, reflects muted year-over-year growth, which means there was more to Peabody Energy stock's rally this morning. The biggest number from Peabody Energy's preliminary results that caught the market's attention is its coal sales, which crossed $900 million during the quarter to levels last seen nearly seven quarters ago.
The stock market was able to sustain its positive momentum on Monday, following through after a big upward move last week. The Dow Jones Industrial Average (DJINDICES: ^DJI) wasn't able to join in on the fun, but the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) both added to their recent gains. As Wall Street has grown more optimistic, some naysayers have feared that the stock market might be getting frothy.
Yahoo Finance's Brian Cheung breaks down the major takeaways from the SEC report.