Amazon is set to report third-quarter results after market close on Thursday, with investors bracing for a growth slowdown after the pandemic stoked a surge in online shopping last year and earlier in 2021.
Apple reported Q4 earnings missing analyst expectations on revenue.
Yahoo Finance’s Daniel Howley reports details on Facebook’s name change as it focuses on metaverse.
Amazon's latest results were weighed down by ongoing product shortages, higher labor and shipping costs, and more. The fourth-quarter might not be much better.
Slow and steady wins the race. Even for Bill Gates.
Yahoo Finance's Ines Ferre breaks down what's driving the push to get Shiba Inu on Robinhood.
WINNIPEG, Manitoba (Reuters) -Suncor Energy Inc's strategy of returning cash to shareholders and repaying debt with its soaring profits is sustainable even if surging crude prices pull back, the company's chief executive said on Thursday. The stock of Canada’s second-biggest oil producer climbed as much as 10% after it said late on Wednesday that it would double its dividend, reversing a cut made last year when lockdowns due to the COVID-19 pandemic hammered fuel demand. Suncor also said it would buy back more shares than it previously planned and repay debt faster, just a year and a half after the pandemic's spread reduced travel and generated losses for oil producers.
Amazon fell short of Wall Street analysts’ estimates in the third quarter — the first with CEO Andy Jassy at the helm — amid a slowdown relative to the pandemic boom of 2020. Net income fell nearly in half compared with the year-earlier period, hitting $3.2 billion, or $6.12 per diluted share. Analysts had expected […]
In this article, we will be taking a look at the 10 high dividend stocks with over 8% yield. If you want to skip our detailed analysis of dividend investing, you can go directly to the 5 High Dividend Stocks With Over 8% Yield. An increased income has always been one of the main attractions offered […]
If you can't beat them, join them.
Cathie Wood the value investor? Sort of.
With AbbVie's (NYSE: ABBV) third-quarter earnings report scheduled for Oct. 29, shareholders and prospective investors should be on alert. AbbVie is in the middle of transitioning its revenue base away from dependence on its blockbuster drug Humira, as its exclusivity protections are starting to expire outside the U.S. That means the company's stock is in a particularly sensitive time, as the prospective replacements for Humira are still in the process of ramping up. The earnings report will likely give investors updates on progress in the clinical trial pipeline, but the main dish will be the story about the pace of its revenue growth in Humira's replacements, or lack thereof.
(Bloomberg) -- The Chicago City Council on Wednesday approved a $16.7 billion budget for 2022 designed to help the city recover from losses sustained during the pandemic, through measures including one of the biggest guaranteed basic income programs in the country. Most Read from BloombergA Deep Dive Into Squid Game's World of InequalityMeet Six People Fighting Water Scarcity Across the GlobeHamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaMayor Lori Lightfoot’s plan relies on both
Ford shares jumped in the after-market after the automaker reported a big earnings beat, and upped its 2021 EBIT guidance for a 2nd time this year.
Ford and BMW led another funding round of $130 million in 2021, while SK Innovation of South Korea has announced it is investing $30 million.
Americans’ retirement portfolios suffer from “leakage” every year, which is defined as early withdrawals from retirement accounts for reasons outside of retirement. Most retirement accounts require investors to be age 59 1/2 before they’re allowed to take penalty-free distributions, but hardships do happen, such as job loss, a disability or a death in the family. Distributions for non-emergencies, such as cashing out an account when switching jobs, however, could unnecessarily put an American’s future retirement in peril.
Apple, the world’s most valuable tech company, reported record revenue for a September quarter — but its stock slid after sales fell short of expectations. The company reported posted $83.4 billion in revenue, up 29% year over year, and net income of $20.6 billion (or quarterly earnings per diluted share of $1.24). Wall Street analysts […]
Remember that time Elon Musk briefly flirted with the idea of taking Tesla private, partly financed with money from Saudi Arabia’s sovereign wealth war chest, and promptly landed in hot water with regulators?
Atlassian stock advanced in extended trading on Thursday after the software maker reported fiscal first quarter earnings and revenue that topped estimates.
Facebook has recently invested greater resources into establishing a metaverse - yet it still lags behind snapchat in the race amongst social media companies to incorporate an immersive virtual environment, says Jefferies Analyst Brent Thill