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Yahoo Finance Plus Yahoo Finance's Morning Rundown, January 23
The morning's top headlines
The morning's top headlines
Roth 401(k)s were intended to give workers the best of both worlds. Employers have long been able to make matching contributions to employees' Roth 401(k)s, but those matches have always been with pre-tax dollars. If you're unsure if Roth 401(k) matches are available to you, reach out to your employer for clarification.
Intel is facing a "changing of the guard" in the chip industry as two competitors steal a page for its playbook, according to an analysis published by Bloomberg last week. After Intel Corp. (Nasdaq: INTC) reported earnings reflecting an "astonishingly bad" performance, two rivals, Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) and Samsung have proved themselves as better positioned to weather a current demand downturn, according to Bloomberg. TSMC in particular "has caught and passed Intel quicker than even the most optimistic analysts had predicted," the according to the report.
Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) were down about 5.5% as of 1:30 p.m. ET on Monday, presumably responding to a report from Euronews that suggested the prospects for building a hydrogen economy may no longer be as bright as once thought. Citing data from non-governmental organization Global Witness, Euronews noted today that converting Europe's economy alone to run on hydrogen gas would cost 240 billion euros -- and double the cost of electricity for consumers. Over the past few years, predictions for the growth rate of the hydrogen economy have been ... optimistic, shall we say.
Bed Bath & Beyond's (BBBY) stock sank 24% after the embattled retailer announced it will raise as much as $1.025 billion through an equity offering.
In this article, we will discuss the favorite energy and bank stock picks of Jim Cramer. If you want to explore similar stocks, you can go to Jim Cramer’s 5 Favorite Energy and Bank Stock Picks. Jim Cramer is an American television personality, former hedge fund manager, and best-selling author. He is the host of […]
The outspoke CNBC host and contributor makes his case when asked which automaker stock he'd rather own.
The crisis engulfing the Adani Group intensified on Monday as hundreds of members of India's opposition parties took to the streets to press for a probe into allegations by a U.S. short-seller against the conglomerate which triggered its market rout. Shares in billionaire Gautam Adani's companies have been in free-fall since a Jan. 24 critical report by Hindenberg Research, with group cumulative market losses now topping $110 billion, sparking fears of wider financial contagion. Opposition parties, who last week called for a parliamentary panel to investigate the saga and disrupted proceedings, have questioned Indian Prime Minister Narendra Modi's closeness with Adani.
Shares of Snap (NYSE: SNAP) were rallying on news that Texas would ban its state agencies from using TikTok, the popular short-form video app considered a close rival to Snapchat. Snap finished the day higher, gaining 9.7% on the news. In the latest sign that incremental pressure was building against TikTok, which is based in China, Texas Governor Greg Abbott announced a "statewide model security plan" to address vulnerabilities to TikTok and other software.
Tesla has gained 91% since Jan. 6 bear-market lows, but this Tesla bull just hiked his stock price target.
Bed Bath & Beyond stock soared on Monday to start the trading week.
Berkshire Hathaway's longest-held stock is generating a jaw-dropping 54.2% annual yield, relative to cost.
Growth stocks are in favor again to start 2023. Palantir (NYSE: PLTR) and C3.ai (NYSE: AI) are certainly interesting choices. This video will answer which growth stock is the best one to buy. *Stock prices used were the afternoon prices of Feb.
Devon Energy's (DVN) fourth-quarter earnings to be adversely impacted by severe weather condition in its service territories despite multi-basin assets.
It's a tech-astrophe out there. But you have options.
Ares Capital (ARCC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Yahoo Finance Live anchors discuss how Life Storage, Newmont, and Danaher stocks are moving following reports of M&A activity.
Yahoo Finance Live’s Jared Blikre checks out several stocks trending in the after-hours trading session.
A product-oriented press release at the end of December, falling inflation, and meme-stock traders all propelled QuantumScape higher last month.
Yahoo Finance media reporter Allie Canal checks out Pinterest shares following its latest earnings report citing increases in monthly active users and the platform's new buyback program.
Nvidia stock has been trading incredibly well on the long side. Here's where to buy the dip next.