Yahoo Finance LIVE - Dec 12 AM
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. This tax has set off alarm bells in some corners of Wall Street, on the theory that buybacks were one of the biggest props supporting the past decade’s bull market — and anything weakening that prop could lead to much lower prices. One reason is that the new excise tax — whether 1% or 4% — is applied to net buybacks — repurchases in excess of how many shares the corporation may have issued.
We’ve seen the markets take a breather recently and that is hardly surprising considering the year-to-date rally. Stocks charged out the gate in 2023 as if in a hurry to consign 2022’s annus horribilis to the history bins. Observing the sharp and abrupt shift in sentiment, BlackRock's bond chief Rick Rieder has called the surge "extraordinary." However, Rieder, who handles around $2.4 trillion in assets, is not quite ready to get the bull outfit on just yet. Given the widespread compression in p
Overall, economic growth has slowed down over the past year or so, and many businesses are suffering as a result. In fact, some well-established businesses with clear paths to profitability are still growing at annualized rates of 50% or more -- and here are two that look especially promising. In the latest quarter, CrowdStrike's revenue grew 53% year over year despite the challenging economic climate, and while the company isn't consistently profitable yet on its bottom line, it is generating more free cash flow than ever before.
C3.ai (NYSE: AI) and Palantir (NYSE: PLTR) represent two different plays on the secular growth of the enterprise AI software market. C3 develops AI algorithms that can be integrated into an organization's existing software to automate tasks, improve employee safety, cut costs, and detect fraud. Palantir's platform accumulates large amounts of information from disparate sources to help organizations make better data-driven decisions.
NIO Inc. (NIO) closed the most recent trading day at $10.92, moving -0.09% from the previous trading session.
The chipmaker's guidance for the current quarter isn't great, but there's more to it than meets the eye.
In the latest trading session, Energy Transfer LP (ET) closed at $12.85, marking a -1% move from the previous day.
Amazon has struggled amid the challenging economic environment, and the near-term outlook remains grim.
Today we're going to take a look at the well-established Ford Motor Company ( NYSE:F ). The company's stock led the...
Carnival (NYSE: CCL) has become one of the more intriguing stocks of the 2020s. The pandemic left the company without significant revenue for more than one year, leading to pain for the company and significant volatility for Carnival stock. The question for investors now is whether that lower stock price signals a buying opportunity or a sign to continue avoiding Carnival stock.
Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.
The U.S. inflation rate tipped the scales at its highest level in 40 years (9.1%), and the all three major U.S. stock indexes were, at one point, firmly entrenched in a bear market. A stock split is an event that allows a publicly traded company to alter its share price and outstanding share count without any impact to its market cap or operations. A forward stock split reduces a company's share price to make it more nominally affordable for retail investors.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Exxon Mobil...
(Bloomberg) -- Russia is seeking to spend its way out of the self-inflicted economic crisis that threatened to deliver the deepest recession of President Vladimir Putin’s more than two-decade rule.Most Read from BloombergMeta Asks Many Managers to Get Back to Making Things or LeaveQuake Toll Hits 4,000 in Turkey, Syria as Overseas Aid FlowsTrump Charges in Georgia Over 2020 Could Lead to Bigger Fed CasePowell Says Further Rate Hikes Needed and Markets Take HeedWall Street Goes Risk-On Without Po
Of the 50 U.S. states, 39 and the District of Columbia do not levy a tax on Social Security benefits.
Jerome Powell calmed the horses, a bit. In attempting to parse last week's blockbuster January jobs report, the Federal Reserve Chair on Tuesday reprised his take from last Wednesday's policy meeting - essentially that another couple of Fed rate hikes were probably needed to get across inflation fully, but that it was anyone's guess after that. Any fear of a radical Fed rethink on the back of the jobs numbers seemed wide of the mark.
Shares of the company, which also owns which owns the Jimmy Choo and Versace brands, fell 17% in premarket trading. Europe's LVMH and Canada Goose Holdings Inc have also flagged hits to their businesses from due to disruption in China, a major market for high-end fashion. The company said it now expects annual sales of $5.56 billion, down from its prior estimate of $5.70 billion.
The Yahoo Finance Live team discusses the latest movement downward for Bed Bath & Beyond stock.
SINGAPORE (Reuters) -Following are reactions from analysts and investors to U.S. President Joe Biden's State of the Union speech on Tuesday, in which he challenged Republicans to lift the debt ceiling and support tax policies that are friendlier to middle class Americans. In his first address to a joint session of Congress since Republicans took control of the House of Representatives in January, Biden hammered corporations for profiteering from the pandemic, and ran through a wish list of economic proposals, such as a minimum tax for billionaires, and a quadrupling of the tax on corporate stock buybacks.
(Bloomberg) -- Tesla Inc. will present a third version of Elon Musk’s “master plan” next month, almost a full year after the chief executive officer said he was working on a next edition.Most Read from BloombergMeta Asks Many Managers to Get Back to Making Things or LeaveQuake Toll Hits 4,000 in Turkey, Syria as Overseas Aid FlowsTrump Charges in Georgia Over 2020 Could Lead to Bigger Fed CasePowell Says Further Rate Hikes Needed and Markets Take HeedWall Street Goes Risk-On Without Powell’s Pus