Yahoo Finance Plus Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and some estimates are showing 0% growth in Q2. Such results would meet the technical definition of a recession – and recession is hardly the usual environment to find robust earnings growth. Looking at current
Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
A Woman's World reacts to Roe v. Wade overturned
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
At current levels, investors need a 7% to 8% return just to preserve their wealth.
As Netflix cuts costs to ease subscriber-loss pains, more jobs have been scrapped.
JPMorgan is getting more optimistic over Advanced Micro Devices’ high-end chip business, citing strong results from the firm’s latest survey of technology buyers. On Thursday, analyst Harlan Sur said the chipmaker’s solid product road map and the firm’s CIO survey suggest the company can achieve 30% to 40% market share in the server processor market over the next few years—up from 20% this year. AMD (ticker: AMD) makes processors that act as the main computing brains for personal computers, servers, and graphics cards.
Tesla plant near Shanghai is going to shut down temporarily, according to reports. On Wednesday, Reuters reported that Tesla (ticker: TSLA) will shut down production in China for a couple of weeks at the start of July to upgrade equipment. Tesla didn’t return a request for comment.
Peaky Blinders and Cobra producer Joe Donaldson has set an indie, Magic Hour Television, and signed a first-look deal with All3Media International and All3Media-owned drama house New Pictures. Donaldson will develop a slate, funded by All3 and its international arm, and partner with New Pictures co-founder and CEO Willow Grylls to produce scripted TV. Furthermore, Donaldson […]
In this article, we will take a look at 10 value stocks to buy according to billionaire David Tepper. If you want to skip our discussion on Tepper’s history and his hedge fund’s performance, go directly to 5 Value Stocks to Buy According to Billionaire David Tepper. With a net worth of $16.7 billion, David […]
COMMENT: Royal portraits are usually a disaster, but Jamie Coreth’s painting of the Duke and Duchess makes an intriguing statement about the future of the monarchy, writes Jessie Thompson
“Time is running out for cash-burning companies kept afloat with easy access to capital,” New Constructs CEO David Trainer said in a Thursday research note.
With three small children in the house, Kate Middleton and Prince William surely spend plenty of their time parenting....
Documentary footage subpoenaed by House Select Committee investigating the Capitol riot
(Bloomberg) -- Options insurance. Hedging with Treasuries. Using sentiment to pick a bottom. The things that have lessened the pain of past equity selloffs are coming up short this time around.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightProtest Latest: NY, DC Marches Grow as Justice’s Home TargetedJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionStocks Roar Back With Best Week in a Month: Markets WrapEnding Roe Is Institutional Suic
The Dow Jones moved higher as yields fell. Tesla stock skidded after CEO Elon Musk voiced a warning. A Warren Buffett stock rose.
The drop is exciting some Berkshire investors because the stock now trades for 1.3 times Barron's estimate of its June 30 book value, compared with more than 1.5 times at its March high.
Bitcoin bear markets aren't unusual. But cryptocurrencies have never faced such an aggressive Federal Reserve. Welcome to the crypto ice age.
On a night of redemption for American swimmers, Lilly King, Ryan Murphy and the men’s 4x200 freestyle team claimed three more gold medals for the United States at the world swimming championships on Thursday.
Shares in the biggest U.S. banks rallied on Friday after they passed the Federal Reserve's annual health check, but Bank of America underperformed with test results implying it needs a larger-than-expected capital buffer, which could limit share buybacks and dividends. While the broader equity market also rallied on Friday, Wells Fargo & Co, up 7.5%, was the biggest gainer among the 34 lenders that underwent the Fed's so-called stress test, which measures how they would fare in a hypothetical severe economic downturn. The group would have roughly twice the capital required under Fed rules in the downturn scenario, it said.
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