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The Canadian cannabis retailer made a big leadership move and saw its stock rise the most in one day since mid-July.
Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO joins the Yahoo Finance Live panel to discuss what to expect from Tesla's Q3 earnings.
Shares of Alibaba (NYSE: BABA) moved higher Tuesday after the company unveiled a new high-tech microchip to run its cloud servers. The semiconductor is one of China's most advanced and could help change the narrative around the stock, which has been battered due to Beijing's regulatory crackdown on China's tech sector giants. Alibaba said the new chip is built using advanced 5-nanometer technology, and represents a significant step toward China's goal of manufacturing more of its own semiconductors.
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday she welcomed a revised proposal from congressional Democrats to raise a bank account tax reporting threshold to $10,000 in annual transactions from a proposed $600 level, with an exemption for wage earners. The change was made after major opposition https://www.reuters.com/business/finance/us-banking-lobby-groups-oppose-proposed-tax-reporting-law-2021-09-17 from banking and other lobbying groups who charged that initial proposal would raise financial privacy concerns by requiring financial firms to track and submit to the Internal Revenue Service data on aggregate inflows and outflows from every bank account above a minimum threshold of $600 a year.
Sean Farrell, Fundstrat Head of Digital Asset Strategy, discusses the potential effects of the first Bitcoin-linked ETF on the NYSE from ProShares.
Shares of Peabody Energy (NYSE: BTU) crashed 16% by noon EDT on Tuesday, tanking on a day the coal stock received an analyst upgrade and one day after skyrocketing. This morning, B. Riley raised its price target on Peabody Energy by $1 to $23 a share, stating it saw the company's preliminary results as a "positive step forward." Peabody Energy reported its preliminary numbers for the third quarter yesterday, announcing its coal sales had topped $900 million to levels not seen in nearly seven quarters.
Investors in renewable energy companies such as Plug Power (NASDAQ: PLUG), Enphase Energy (NASDAQ: ENPH), and SunPower (NASDAQ: SPWR) are cheering today, as shares of the stocks have risen 2.6%, 4.2%, and 7.6%, respectively, as of 2:20 p.m. EDT Tuesday. This is rather strange, however, because the news today sounds mostly bad for investors in renewable energy stocks.
In this article, we will be taking a look at 20 Safe Dividend Stocks to Quit Your 9 to 5 Job. To skip our detailed analysis of dividend investing, you can go directly to see the 5 Safe Dividend Stocks to Quit Your 9 to 5 Job. Whether you are a veteran dividend investor, or […]
These companies produce the only thing that matters.
Shares of the crypto bank Silvergate Capital (NYSE: SI) had fallen roughly 10% as of 11:25 a.m. EDT after the company reported earnings results for the third quarter of the year. The bank has built a payments platform called the Silvergate Exchange Network (SEN), which allows two parties on the network to clear transactions instantaneously. This is particularly attractive for institutional traders and cryptocurrency exchanges because cryptocurrencies trade nonstop.
(Bloomberg) -- Petroleo Brasileiro SA investors excluded from its $2.95 billion “carwash” corruption settlement in the U.S. are signing up for a class-action case in the Netherlands -- where the Brazilian oil producer has failed to get the lawsuit thrown out on procedural grounds.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyThe Biggest Public Graveyard in the U.S. Is Becoming a ParkGoogle’s CEO: ‘
The company's oral COVID-19 treatment looks like a dud in the mild-to-moderate COVID-19 setting.
Yahoo Finance’s Emily McCormick previews Netflix’s Q3 earnings, the company’s first earnings release since the success of ‘Squid Game’.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been one of the most resilient stock market indexes for investors over the past 18 months. After taking a hit with the rest of the market at the beginning of the COVID-19 pandemic, the Nasdaq has bounced the most of any major benchmark. The good news for the index continued today, with the Nasdaq rising more than half a percent as of 11:45 a.m. EDT on a solid day across Wall Street.
Although the benchmark S&P 500 tends to head higher over long periods of time, the stocks primarily responsible for pushing the widely followed index to new heights change regularly. As an example, nine of the 10 largest stocks by market cap in 2004 are no longer in the top 10 as of today. In fact, insurer AIG now sits around No. 250 in the market cap rankings.
In this article, we discuss top 10 stocks in Goldman Sachs portfolio . If you want to skip our detailed analysis of the firm’s history, investment philosophy, and hedge fund performance, go directly to Goldman Sachs Stock Portfolio: Top 5 Stocks. The Goldman Sachs Group, Inc. is one of the world’s leading investment banking and […]
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […]
Although the computer chip shortage wrecked third-quarter auto sales by causing third quarter auto sales to tumble, the market still finds an investment in Ford (NYSE: F) to be intriguing. Ford's sales for the period were hurt along with most everyone else's, but it was actually able to beat expectations and management says sales improved as the quarter progressed. Because the automaker also continued its dominance in the truck market and sales of its electric vehicles are revving up, it's no wonder everyone is talking about Ford's stock.
When Virgin Galactic (NYSE: SPCE) went public via SPAC merger in 2019, the company projected that 66 passengers would fly aboard the company's spacecraft in 2020 and another 646 in 2021. Investors recently got word that yet another delay is hitting Virgin Galactic, and at best we will see a small number of revenue-generating flights in 2022, assuming no more delays.
ASML makes advanced semiconductor equipment. Washington is dead set on keeping it from doing business with China.