Yahoo Finance Plus Walmart reported its Q3 earnings, posting revenues of nearly $128 billion, and adjusted earnings that beat estimates. Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Julia La Roche discuss the retailer’s big win.
This super investor is going against the herd. Maybe you should, too.
JPMorgan Chase increased its guidance earlier today and Bank of America's CEO had positive comments about the economy.
Catalyst Biosciences Inc (NASDAQ: CBIO) has agreed to sell its portfolio of protease medicines that regulate complement to Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) for $60 million. "This sale is part of the ongoing strategic process that we announced in February to explore alternatives and create value for shareholders. We have significantly reduced our cash burn and continue to work with our advisors to evaluate additional strategic alternatives for Catalyst," said Nassim Usman, CEO o
A new report highlights the layoffs and capital raises Carvana has made to adjust to current business conditions.
Yahoo Finance Live anchors discuss shares for VMWare amid reports of a Broadcom acquisition.
Shares of the electric vehicle maker Rivian Automotive (NASDAQ: RIVN) fell this morning, likely because investors were processing news about growing frustration about wait times for customers who've pre-ordered Rivian vehicles. This morning Reuters reported that there's growing frustration among people who have pre-ordered Rivian vehicles -- some orders date back to 2019 -- and are waiting longer to receive their vehicles than people who ordered after them. The report comes just weeks after Rivian said that it would focus some of its production on vehicles with certain colors and wheel accessories in order to maximize production.
Last week, the S&P 500 finished Friday’s session with a rally that gave the index a small gain of 0.15% for the day. It was a good thing, too, since the index flirted with a net-20% loss during the session. That’s bear market territory, the kind of market move that will further spook investors after a springtime of headwinds. Inflation is running at 40-year high levels, Q1 showed a net economic contraction, Russia’s war on Ukraine promises to further damage supplies and prices in the food, cooki
Amazon (NASDAQ: AMZN) has had a volatile few years since the pandemic's onset. As economies reopen, sales growth is slowing down but remaining at high levels. Let's look at three reasons investors should buy Amazon stock and one reason to be cautious.
These passive income powerhouses, with yields ranging between 5.5% and 12%, can combat historically high inflation and make patient investors richer over time.
On an otherwise positive day for the S&P 500 and Nasdaq, tech stocks Snowflake (NYSE: SNOW), Twilio (NYSE: TWLO), and Skillz (NYSE: SKLZ) were going in the other direction. Shareholders can thank sell-side analysts for today's relative underperformance, as downgrades and price target decreases across these three names seem to be the culprit. Ahead of those figures, it appears analysts at UBS, Cowen, and Jefferies all thought it time to get their price targets closer to Snowflake's current share price under $140.
Movie-theater chain AMC Entertainment (NYSE: AMC) is in the process of giving back last-week's gains. Last week, AMC announced it took a near-7% stake in movie-advertising outfit National CineMedia. It's been an unfortunate consequence of AMC's meme-stock status that its shares are highly volatile, which more often than not causes it to briefly shoot higher, only to end up lower than where it began.
Yahoo Finance Live anchors discuss first-quarter earnings for Chinese EV maker XPeng.
Yahoo Finance Live’s Jared Blikre discusses the boost in stock for JPMorgan Chase.
Shares of Apple (NASDAQ: AAPL) climbed higher on Monday, adding as much as 4.1%. The catalysts that sent shares higher were several reports that were good news for Apple shareholders. A report over the weekend suggested that the iPhone maker is looking to increase its production outside China, according to The Wall Street Journal.
Seesawing semiconductor stock Nvidia (NASDAQ: NVDA) moved lower ahead of its expected Wednesday-evening earnings report, falling 2.1% through 10:55 a.m. ET on Monday (although it's back in the green now at midday). Two separate analysts lowered their price targets for Nvidia ahead of the report, with UBS cutting the shares to $280 and Bernstein predicting a $225 target price. Both analysts pointed to worries about falling demand for GPUs in the gaming segment as the reason for their cuts, reports TheFly.com, although UBS said demand probably won't "fall off ... quite yet" -- referring to Nvidia's Q1 results.
Yahoo Finance's Akiko Fujita and Brian Cheung discuss reports that Apple will look to expand its supply chain outside of China and how the stock is responding.
If a major recession is coming, the financial guru recommends some fast, concrete moves to protect your money.
Shares of electric vehicles leader Tesla (NASDAQ: TSLA) broke a three-day losing streak on Monday, bouncing back a respectable 2.3% as of 12:05 p.m. ET. If you recall, earlier this month, Tesla's production numbers on electric vehicles in China fell as low as 200 cars per day, as measures imposed by the government to contain the spread of COVID-19 dried up the supply of auto parts to Tesla's factory. The good news is that Reuters reports that Tesla now thinks it will be able to get its production capacity back up to its target of 2,600 units per day -- and that will work out to roughly 949,000 cars per year.
Shares of Johnson & Johnson (NYSE: JNJ) climbed higher this morning and are trading up 2.2% as of 11 a.m. ET. The healthcare giant received a thumbs-up from an analyst, who sees roughly 14% upside in Johnson & Johnson stock from yesterday's close. Analyst David Risinger from healthcare-focused investment bank SVB Leerink gave Johnson & Johnson stock an outperform rating with a price target of $200 per share, according to TheFly.com.
Despite a steep 89% decline from all-time highs, this stock is back on the rise and up 77% from its 52-week low.
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