Yahoo Finance Plus Martin Leinweber, digital asset product strategist at MV Index Solutions, discusses the "major bottom signals" he's monitoring for bitcoin (BTC) including "super bearish" sentiment readings and wider negative sentiment in the "macro backdrop" of the economy. Plus, outlook for stablecoins and investment opportunities to watch.
The super investor still sees opportunities ahead.
Yahoo Finance Live's Seana Smith takes a look at Micron's stock following a slump in Q4 revenue guidance.
What to watch in markets on Thursday, June 30, 2022.
(Bloomberg) -- Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday -- less than a year after going public through a merger with a blank-check company.Most Read from BloombergStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysSupreme Court Crimps Biden’s
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that, further to its press release dated June 29, 2022, it has entered into an additional privately negotiated exchange agreement (the "Exchange Agreement") with a holder (the "Noteholder") of the Company's outstanding 4.25% unsecured senior notes due 2023 (the "Notes"), to acquire approximately C$7.25 million (approximately USD$5.6 million) aggregate principal amount of the Notes from the Note
The current market conditions – the NASDAQ is down 29% year-to-date, and the S&P 500 is down 21% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, which offer both learning opportunities and strong upside potential. However, in evaluating stocks to buy, it
Shares of Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Nvidia (NASDAQ: NVDA) were all falling this morning after the Commerce Department reported its latest inflation figures, which showed inflation remains persistently high. The report said that the core personal consumption expenditures index rose 4.7% in May, only slightly less than expected and still a four-decade high. Technology investors have been watching inflation figures very closely, and with today's report, Amazon plunged 3.5%, Apple fell 2.4%, and Nvidia dropped 2.2%.
(Bloomberg) -- Bitcoin dip buyers are hoping things won’t get much worse for cryptocurrencies in the remainder of this year judging by the latest surge in the virtual coin.Most Read from BloombergStock Doomsayers Vindicated in Historic First Half: Markets WrapUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAThe largest digit
The ailing market bounced off lows but still fell solidly. Micron gave grim guidance. Tesla EV rivals report June sales Friday.
Memory-chip maker Micron Technology badly missed estimates with its guidance for the current quarter. MU stock fell on the news.
Advanced Micro Devices is declining to new 52-week lows and is now down 54% from its all-time high just just seven months ago. For now, Micron's earnings report after the close remains a bit of a wildcard for semi-stock investors, as it sits on a critical support level. Regarding AMD stock specifically, the valuation has been pummeled, as the stock price has been more than halved while earnings estimates remain steady — at least so far.
We saw something of a rally in the markets last week, but was it just the famous ‘dead cat’ bounce? A look at the charts might suggest that. Since the beginning of April, we seen two short rallies in an otherwise bearish trend – but the second rally was shorter than the first, with a lower peak. Market watchers are starting to wonder if the cat is done bouncing. So, how can investors ride out this hostile environment? Goldman Sachs analyst Kash Rangan believes that software stocks, with currentl
The semiconductor boom of the last two years, in part fueled by pandemic shortages, appears to be coming to an end.
Yahoo Finance’s Pras Subramanian joins the Live show to discuss outlooks for Tesla vehicle deliveries.
These stocks are priced for an industry-wide calamity, but how realistic is that considering their customer base?
DEEP DIVE The first half of 2022 is over, and good riddance for investors: The S&P 500 Index declined 20.6%. Below are two lists of the worst-performing stocks in the S&P 500 (SPX) this year. First, here are the 10 companies whose market capitalizations dropped the most during the first six months of 2022.
Shares of Dutch Bros (NYSE: BROS) were tasting like a day-old cup of coffee in morning trading, with the stock falling 7.2% at 11:25 a.m. ET Thursday, though there was no company-specific news to drive the movement. The drive-thru coffee shop's stock fell sharply after the company released its earnings report in May over concern about inflation's impact on its business. Over a quarter of the coffee slinger's shares outstanding are sold short as of the latest report in June, and meme-stock traders are known to favor such situations in hopes of triggering a short squeeze by piling into the stock.
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Look beyond the popular growth stocks. A healthy stream of income awaits.
(Bloomberg) -- A co-founder of SenseTime Group Inc. lost almost half of his fortune after shares of the artificial intelligence giant plummeted 47% on Thursday.Most Read from BloombergStock Doomsayers Vindicated in Historic First Half: Markets WrapUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Climate Agenda With Limits on EPATang Xiao’ou, a Massachusetts
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