Yahoo Finance Plus Oil is headed for its first back-to-back weekly loss since early April as fears of a demand-sapping global recession and tighter US monetary policy rip through commodity markets. Andrew Janes reports on Bloomberg Television.
The super investor still sees opportunities ahead.
Shares of Shopify (NYSE: SHOP) plummeted 18.2% this week on several bits of news. First, shares fell earlier in the week when revised GDP figures were released, showing that the economy was slowing down slightly more than expected. Additionally, a new report released yesterday, showing that inflation remains stubbornly high despite the Federal Reserve's efforts to bring it down, is likely weighing down on the stock this week.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
The bond market closed early on July 1 ahead of July 4th weekend. Stocks had a rough second quarter driven by inflation and recession fears.
Endo International plc (NASDAQ: ENDP) announced today that a federal jury in Chicago, Illinois, has returned a verdict in favor of the Company's subsidiaries Endo Pharmaceuticals Inc. and Endo Health Solutions Inc. (collectively Endo), in an antitrust trial.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
(Bloomberg) -- Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesStock Doomsayers Vindicated in Historic First Half: Markets WrapHow Europe Became the Epicenter for This Summer’s Travel ChaosAll told, th
Shares in this e-commerce company are now significantly cheaper (in price, not valuation). What does this mean for investors?
Meta (META) could be bracing for a "tornado-like quarter," says Wedbush Managing Director Dan Ives.
In this article, we discuss 10 defensive stocks that Ken Fisher loves. If you want to skip our detailed analysis of Fisher’s investment philosophy, hedge fund returns, and history, go directly to Ken Fisher Loves These 5 Defensive Stocks. Born in 1950, Kenneth Lawrence Fisher is an American investor, author, and founder of one of […]
Nike (NYSE: NKE) has had a rough stretch. The index is down 15% over the past year, which puts pressure on Nike stock, too. High inventories increase the chances that Nike will have to discount products.
If there’s one common theme connecting the market’s experts, it’s ‘be a contrarian.’ Don’t follow the herd, focus on underlying facts, and don’t be afraid to throw out the conventional wisdom. Or, in a memorable phrase from Warren Buffett, “Be fearful when others are greedy, and greedy when others are fearful.” Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program has always had a talent for swimming against the stream, and he has not shied away from pointing out the stocks that investor
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
Wedbush Managing Director & Senior Equity Analyst Dan Ives joins Yahoo Finance Live to discuss the state of Big Tech stocks, the GM chip shortage, supply chain woes, recessionary risks, and the outlook for earnings growth.
China has snubbed troubled aircraft maker Boeing after three of its national flag carriers placed orders worth $37bn (£31bn) with rival Airbus.
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
Investors are running out of superlatives to describe how ugly the S&P 500 crash is. But 11 major stocks are now trading for less than $4.
Investors ignored Micron's solid third-quarter results and focused on the company's guidance.
(Bloomberg) -- The Apple Inc. lawyer who was once responsible for enforcing the company’s insider trading policy admitted he used his access to draft SEC filings to personally profit. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAGene
Michael Burry, the investor who gained fame thanks to the film The Big Short, is betting against the largest company in the world, Apple (NASDAQ: AAPL). Scion Asset Management's latest 13-F (the disclosure document that funds must file with the Securities and Exchange Commission each quarter), reveals that as of the end of the first quarter, nearly 18% of the value of its portfolio was in Apple put options, which become more profitable as the stock price falls. This weakness could prove a drag on Apple, as its devices are nice, but people can live with their old models if they need to.
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