What Target's Reduced Outlook Signals About the Consumer
Joe Feldman, Telsey Advisory Group senior retail analyst, discusses Target's reduced profit outlook with Guy Johnson and Alix Steel on "Bloomberg Markets."
Anyone positioning their portfolio for a recession could be making a big mistake.
Berkshire Hathaway's quarterly 13F filing won't tell you about the Oracle of Omaha's $6.3 billion hidden portfolio.
Now that we’re into the second half of 2022, with the Independence Day holiday behind us, we can take stock of the changes that the last six months have brought. And those changes have been dramatic. As this year got started, the S&P 500 was coming off of a 27% annual gain. Today, the index is down 20%, putting it into a bear market. The losses have been broad-based, and have left many otherwise sound equities languishing at low prices. It’s a circumstance that has a lot of unhappy investors won
BYD snatched the No. 1 spot from Tesla in another show of its resilience.
The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary da
Hecla Mining Company (NYSE: HL) (Hecla) and Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) (Alexco) are pleased to announce a definitive agreement for Hecla to acquire all of the outstanding common shares of Alexco that Hecla does not already own. Each outstanding common share of Alexco will be exchanged for 0.116 of a share of Hecla common stock implying consideration of US$0.47 per Alexco common share and a premium of 23% based on the companies' 5-day volume weighted average price on th
(Bloomberg) -- With the European economy lurching toward a recession, traders are growing more convinced that the euro breaking parity with the dollar is imminent.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionOil Plummets Below $100 as Recession Risks Come to ForefrontUS Wants Dutch Supplier to Stop Selling Chipmaking Gear to ChinaAmerican Factories Are Making Stuff Again as CEOs Take Produc
Minutes from the June meeting of the Fed and JOLTs job openings will give investors their latest chance to revise expectations of monetary policy.
Now that we’re into the third quarter, we’re stating to see the pundits sound off on what the Q2 economic data will show – and some of them are openly saying that second quarter GDP will record a contraction. Coming on the heels of the 1.6% contraction in Q1, this will put the US in a technical recession. Along with rising inflation and the Fed’s turn to higher rates and monetary tightening, this adds up a darkening economic picture. But Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ prog
Shares of Nvidia could be in the midst of a key reversal day -- a new low for the move down followed by a higher close. Nevertheless, aggressive traders could go long NVDA at current levels risking below $140.
Nvidia, AMD and the entire semiconductor space are under pressure. Here are the key levels to know now.
Apple and other techs led a big rally off morning lows as oil prices and bond yields dived. Markets see Fed rate hikes ending this year.
Shares of Ford (NYSE: F) were falling today after the company reported second-quarter vehicle-sales results. While vehicle sales increased 1.8% over the period to 483,688, they fell far short of analysts' average estimate for an increase of 4.2% from the year-ago quarter. Ford filed its latest vehicle-delivery figures with the SEC today, and the company reported a 31.5% increase for its June deliveries, year over year.
(Bloomberg) -- Just Eat Takeaway.com NV’s shares jumped the most in almost four years after Amazon.com Inc. agreed to take a stake in its Grubhub business. Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionOil Plummets Below $100 as Recession Risks Come to ForefrontUS Wants Dutch Supplier to Stop Selling Chipmaking Gear to ChinaAmerican Factories Are Making Stuff Again as CEOs Take Production Ou
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.
For high-growth, profit-less growth stocks, bad news on the economy could be good news for their shares.
The gold markets have broken significantly below the $1800 level, and now it looks as if we are going to continue to go much lower.
Crypto lenders have been among the worst-hit firms following the collapse in cryptocurrency prices and the failure of a major hedge fund.
This is not the time to let fear pull you away from the stock market. Inflation fears and less consumer spending might have dragged down these stocks for now. If you have $1,000 to spare, you might want to consider these three excellent growth stocks.
Yahoo Finance Live’s Brian Sozzi discusses the chipmaker slowdown as consumer demand for PCs continues to decline.