United reports $1.6B loss in in Q2, Snap sinks on growing net loss
Yahoo Finance's Adam Shapiro and Julie Hyman break down the latest earnings reports from United Airlines, Snap, TD Ameritrade, and E*TRADE.
Yahoo Finance's Adam Shapiro and Julie Hyman break down the latest earnings reports from United Airlines, Snap, TD Ameritrade, and E*TRADE.
(Bloomberg) -- Inside Eastman Kodak Co., the once-iconic camera maker, a small pension investment team reaped such large gains in recent years that they windfalled themselves out of a job.Most Read from BloombergBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers Face Baltimore Bridge Payouts Worth BillionsUBS Banker’s Frustration Exposes Cracks in Worl
There’s been a lot of talk recently about this year’s bull market, both on its own merits and in comparison to last year. But somewhat less attention has been paid to it as part of a larger trend overall – a secular bull market that began in 2013 and has seen the S&P 500 reach recent record highs. Long-term trends are good for the market generally, but what the average retail investor really wants is a solid return in the here-and-now. There are several routes to accomplish this, and one of the
The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
Trump Media reported revenue of $3.4 million and a loss of $49 million during the first nine months of 2023, and received a $300 million cash infusion as part of its listing via a merger with a special-purpose acquisition vehicle, or SPAC. The company’s price-to-sales valuation far outstrips even the buzziest of its social-media peers such as Reddit and Facebook and Instagram parent Meta Platforms So far, no Wall Street analysts have put a rating or target price on Trump Media stock, according to FactSet.
If you're taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don't need the money to cover living expenses, where should you stash that unneeded cash? Investors now need to start taking RMDs at age 73 or, if they were born after 1960, at age 75. Depending on the balances of […] The post Can I Use My RMDs to Transfer Money Into My Roth IRA? appeared first on SmartReads by SmartAsset.
Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will you owe gift taxes because of your generous gesture? Despite popular framing, the federal gift and estate taxes only apply to very wealthy households. Unless you have approximately $13 million to […] The post I Want to Give My Daughter and Her Husband $50,000 For a Down Payment. Do I Have to Worry About the Gift Tax? appeared first on SmartReads by SmartAsset.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. Shares were up 1.5% at $133.15 in midday trading on Thursday. GE shareholders get one share of Vernova for every four GE shares held.
Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.
In a post on X, formerly Twitter, Florida Governor Ron DeSantis announced that he signed legislation “to end the squatters scam & protect homeowners.” Governor Ron DeSantis Signs Legislation to End the Squatters Scam & Protect Homeowners https://t.co/MjqOKiAHPZ — Ron DeSantis (@GovRonDeSantis) March 27, 2024 "We are putting an end to the squatters scam in Florida," DeSantis said in a release on his website. "While other states are siding with the squatters, we are protecting property owners and
(Bloomberg) -- Trading options tied to former president Donald Trump’s media company is attracting meme-stock traders and Wall Street professionals. Add to that list erstwhile “Bond King” Bill Gross.Most Read from BloombergBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers Face Baltimore Bridge Payouts Worth BillionsUBS Banker’s Frustration Exposes Cra
Reddit insiders including CEO Steve Huffman disclosed significant share sales Wednesday night, days after the social network's IPO. RDDT stock fell late
Sam Bankman-Fried was convicted on seven counts of defrauding investors after his crypto trading firm FTX imploded. The cleanup man, John Ray III, delivered some tough talk on behalf of the victims.
Nearly three months into 2024, it’s clear that the bullish trends are here to stay. Markets hit a bottom in late October, but since then the S&P 500 has gained 27% and now stands at more than 5,200. The NASDAQ index is up 30% from its own October 27 low point. These are bull-market numbers, and show little sign of stopping. Watching the market from Oppenheimer, chief investment strategist John Stoltzfus comments on the market outlook: “S&P 500 earnings results over the most recent two quarterly
These stocks can diversify your portfolio while setting you up for tremendous dividend income for years to come.
The conversational artificial intelligence (AI) specialist has been a hot commodity in recent months, but there are less risky ways to profit from this secular tailwind.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
All indicators are pointing to a major correction coming for stocks, B. Riley Wealth chief strategist Paul Dietrich said.
Dividend increases should soon be coming from these stocks, but be careful -- it doesn't mean all of them are great buys.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.