NYSE trader: Here's why stocks are dropping like a stone again today
Matthew Cheslock joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
He also predicts a ‘more significant pullback’ if this one thing happens.
Micron Technology (NASDAQ: MU) held its fiscal third-quarter earnings call last week, with earnings per share (EPS) coming in ahead of expectations. Micron has been outperforming from an operating standpoint this year, but its stock has nevertheless declined 42%. Unfortunately, the earnings call confirmed what investors had been fearing; demand has slowed considerably, especially in phones and PCs, which make up about half of Micron's revenue.
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two amazing deals and one time-tested stock to steer clear of.
Kate Hudson's snap garnered plenty of positive reactions from stars including Selma Blair and Janelle Monae
More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs. The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.
Over $300,000 was raised for a Burger King employee who never missed work in 27 years and got a backpack, movie ticket, and Starbucks cup as a gift.
Mortgage rates are rising, as are home prices. Here's what buyers and sellers should know now, according to Nadia Evangelou.
U.S. Covid-19 infections are surging, though hospitalizations remain low. The FDA has already asked for boosters that specifically target BA.4 and BA.5.
CureVac says its intellectual property portfolio protects multiple inventions that are considered essential to Pfizer and BioNTech's Covid-19 vaccine.
Yahoo Finance Live anchors break down second-quarter deliveries for Tesla as EV production reaches a new high.
Some storm clouds are appearing on the horizon for Tesla bulls after a respectable second quarter.
It's possible to get on a cruise ship and put your phone away to simply tune reality out for a few days. Many people who board a cruise ship opt to pay for an internet package for a variety of reasons.
The stock markets just recorded their worst first half of the year since 1970. The biggest fallout of this bear market has been in growth stocks, with share prices of some falling by half or even more. Since growth stocks trade at high premiums, it's not surprising to see them fall fast when the markets turn choppy, especially on fears of an economic slowdown.
Even the best stock pickers will make plenty of bad investments. Anyone who held ChargePoint Holdings, Inc. ( NYSE:CHPT...
In this article, we talk about the 10 best stocks to buy now according to billionaire Paul Tudor Jones. If you wish to skip our detailed analysis of Jones’ investment philosophy and views on the current market situation, go directly to 5 Best Stocks to Buy Now According to Billionaire Paul Tudor Jones. Paul Tudor […]
Zuckerberg has chosen his moment well: the crypto sector is currently going through an unprecedented crisis of confidence marked by a fall in the price of digital currencies. Bitcoin, the king of cryptocurrencies, has lost 71.3% of its value since its all-time high on November 10, according to data from CoinGecko. Ether, the second cryptocurrency by market value, is down 78% from its November all-time high as well.
Carillon Tower Advisers, an investment management firm, published its “Carillon Eagle Growth & Income Fund” first quarter 2022 investor letter – a copy of which can be downloaded here. The Carillon Family of Funds spans a range of investment objectives and asset classes designed for long-term investors. Along with the spike in oil prices, energy stocks […]
Analysts' price targets couldn't keep up with soaring S&P 500 stocks a year ago. Now analysts can't cut their targets fast enough.
An unexpected power interruption early morning Independence Day Monday led to a flaring of coke-oven gasses from U.S. Steel Clairton Coke Works in Clairton. The interruption began at about 5:30 a.m. and shortly before 11 a.m. Allegheny County reported that the power was back on. Flaring of the coke oven gases, which emanated from the stacks and batteries, was required.