US stocks rose on Monday as investors looked ahead at the Fed’s next rate move. Investors are pricing in a nearly 30% chance the Fed could cut rates by March. Traders also have their eye on Nvidia, which will report earnings on Tuesday. Loading Something is loading. Thanks for signing […]
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Stocks continued their hot streak Tuesday, extending gains for the seventh straight session as renewed confidence in the Federal Reserve ending its tightening campaign this year lifted investors. The tech-heavy Nasdaq Composite (^IXIC) rose 0.9%, continuing its own win streak, while the benchmark S&P 500 (^GSPC) edged up by nearly […]
For software stocks, as Olivia Rodrigo would say, it’s brutal out here. The tech-heavy Nasdaq declined nearly 5% in the past month, closing on Thursday at 13,219.83, and software has especially been in the crosshairs. Salesforce (CRM) and Adobe (ADBE) stocks have seen declines of more than 8% over the […]
Chinese online entertainment platform Bilibili was worth $54bn two years ago, as Wall Street investors rushed to bet on the rising tech giant. Today, the Nasdaq-listed group’s market capitalisation has fallen to about $6.5bn, a collapse that has brought forward debt repayments that threaten to sap its remaining cash, leading […]
A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-generating real estate. REITs provide investors with an opportunity to invest in real estate without directly owning properties, offering advantages such as regular income through dividends, portfolio diversification, potential tax benefits, professional management, and liquidity through […]
Stocks surged higher Friday afternoon as investors waited for developments from Washington, D.C. on the debt-ceiling deliberations and digested the latest corporate earnings as a new wave of AI optimism boosted tech stocks. All three major indexes ended the trading day higher with the Nasdaq pacing gains. The S&P 500 […]
New You can now listen to Insurance Journal articles! A federal jury has found a Sarasota insurance agent and financial consultant guilty of defrauding elderly Floridians out of $6 million, money that the victims believed was going to fund a life insurance startup known as FastLife. Phillip Roy Wasserman, 66, […]
This is The Takeaway from today’s Morning Brief, which you can receive in your inbox every Monday to Friday by 6:30 a.m. ET along with: Sign up for the Yahoo Finance Morning Brief here. On Saturday, Berkshire Hathaway (BRK-A, BRK-B) investors will gather in Omaha to hear from CEO Warren […]
Amazon (AMZN) reported first quarter earnings on Thursday that beat expectations and initially sent shares surging, but cautious comments regarding a slowdown in its key Amazon Web Services (AWS) cloud unit saw the stock reverse all of these gains in extended trading. Amazon CFO Brian Olsavsky told investors on the […]
U.S. stocks were flat Wednesday as investors digested another flurry of corporate earnings, including Morgan Stanley (MS). The S&P 500 (^GSPC) was little changed at the close, while the Dow Jones Industrial Average (^DJI) slid by 0.23%. The technology-heavy Nasdaq Composite (^IXIC) ended the trading session above the flatline. Bonds […]
London CNN — The International Monetary Fund warned this week of “vulnerabilities” among so-called non-bank financial institutions, saying global financial stability could hinge on their resilience. The Bank of England called attention to the same issue last month. And global investors surveyed by Bank of America in the middle of […]
U.S. stocks gained Monday as Wall Street clawed back from a losing week and an upcoming inflation reading kept investors on their toes. The S&P 500 (^GSPC) climbed around 1.2%, while the Dow Jones Industrial Average (^DJI) jumped 380 points, or 1.1%. The technology-heavy Nasdaq Composite (^IXIC) advanced 1.5%. Sorrento […]
U.S. stocks closed Wednesday lower as another bout of earnings results hit traders’ desks and Wall Street weighed the outlook for interest rates after Federal Reserve Chair Jerome Powell signaled more hikes may be needed than markets are pricing in. The S&P 500 (^GSPC) declined 1.1%, while the Dow Jones […]
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, January 2, 2023 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on […]
The stock market is on track to take a leg lower this week as investors swerved to assess what kind of damage the Federal Reserve has already done to the economy following a series of aggressive inflation-fighting rate hikes. “We believe that yesterday was yet another example of how investors […]
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, October 14, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and […]
Daniella Pierson is the youngest Latina self-made millionaire in the U.S. today. Her female-focused newsletter The Newsette and mental health startup Wondermind — where she is a co-founder alongside actor Selena Gomez — make up the $220 million of her net worth. At 27, Pierson has defied the odds that […]
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, October 6, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. […]
By David Henry NEW YORK (Reuters) – The dollar sank to its lowest level in over two months against a basket of peer currencies on Friday, as vote counting for the contentious U.S. elections slowly moved toward a divided government and investors predicted more losses for the currency. Investors are […]
Seattle Entrepreneur, Investor & VC Groups The groups and organizations below have been screened by us and found to offer worthwhile opportunities for professional and social networking, career advancement, learning, volunteering and corporate sponsorship. EO – […]