Yahoo Finance Plus Guggenheim CIO Scott Minerd says the worst is probably not over for the credit market. He speaks on Bloomberg Television after the decision by the Fed's policy-setting Federal Open Market Committee to raise rates by 75 basis points, the biggest increase since 1994.
The Dow Jones rallied after the latest Fed Minutes were released. Tesla stock fell even as a rival EV play soared. Apple stock popped.
The tech billionaire keeps plowing millions into this asset class.
Question: I’m about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing a portion of my investable assets with an advisor, which would still be seven figures. And one thing to note: Even in a traditional assets under management model, should an account value drop and the dollar amount decrease, the adviser still has an incentive to make good investment decisions to help the account recover as quickly as possible, says Brinser.
A lot of Cathie Wood's favorite stocks kicked off this holiday-shortened trading week by moving sharply higher. There's no denying that the chief stock picker of ARK Invest has hit a rough patch after a spectacular 2020. Roku (NASDAQ: ROKU), Deere (NYSE: DE), and Zoom Video (NASDAQ: ZM) are some of the stocks playing big roles in the ARK Invest family of exchange-traded funds.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
The uber-wealthy investor is thrifty with everything from his breakfast to his house.
Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd.
Shares of several crypto stocks are rising this week as the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), has bounced more than 7.5% since Sunday. For the week, shares of the large crypto exchange Coinbase (NASDAQ: COIN) traded more than 7% higher as of 10:53 a.m. ET today. Shares of the crypto bank Silvergate Capital (NYSE: SI) traded nearly 17% higher, and shares of the business intelligence and Bitcoin buyer MicroStrategy Incorporated (NASDAQ: MSTR) were up more than 21%.
One year ago, Lumen Technologies (NYSE: LUMN) announced a $2.7 billion deal to sell its Latin American operations to alternative investment firm Stonepeak. Recently, both of these proposed asset sales achieved key regulatory milestones. During Lumen's first-quarter earnings call two months ago, CEO Jeff Storey said that the Stonepeak deal was on track to close in the early part of the third quarter -- perhaps as soon as July 1.
Ark Innovation has sunk 52% year to date, as Wood's tech companies have slumped--and it's down 71% from its 2021 peak.
The trader who was shorting Financial Select Sector SPDR Fund today, against his bank of America and Goldman Sachs longs, is also giving up on the group. The hopelessness expressed by the panelists should not be surprising considering that the month of June was the KBW Nasdaq Bank Index's second worst June on record (-13.3%), as well as its ninth worst month all time. At the core of my optimism regarding financial stocks is my expectation of a mild and brief recession.
Berkshire Hathaway's quarterly 13F filing won't tell you about the Oracle of Omaha's $6.3 billion hidden portfolio.
Yahoo Finance Live anchors break down how retail stocks are trading.
Rivian produced 4,401 vehicles in the second quarter and delivered 4,467 vehicles during the same period
Amazon is the world's largest e-retailer and sells practically anything you could ever want. MercadoLibre is focused on Latin America and has an e-commerce platform, digital payments business, shipping logistics division, and consumer credit arm. Shopify isn't a direct e-commerce play, but it provides the software necessary for businesses to launch their e-commerce store.
Anyone positioning their portfolio for a recession could be making a big mistake.
Bed Bath & Beyond's interim CEO is betting big — with her own money — that she can save the struggling retailer from going out of business.
TAX GUY As you probably know, the federal income tax rate brackets, and many other federal tax parameters, are indexed for inflation using a factor based on the monthly average of changes in the chained Consumer Price Index, or chained CPI.
Crypto sceptics like Warren Buffet and Bill Gates have been proven wrong with time
Yahoo Finance’s Alexandra Semenova joins the Live show to discuss the leading shorted stocks for the month of June.
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