Tag Archives: Investors

Stocks gained on Monday as investors monitored upbeat economic data out of China and awaited key retail sales and earnings results out from major U.S. companies later this week.  The S&P 500, Dow and Nasdaq each opened higher. The Dow rose with shares of Boeing (BA) leading the way higher after the aircraft-maker’s head of commercial airplanes told Bloomberg he was “hopeful” that China would resume orders of the 737 Max soon following more than two years of grounding.  Stronger-than-expected… Source link

Last week, Robinhood’s third-quarter earnings fell well below Wall Street estimates, causing the company’s share price (HOOD) to sink more than 10%. With crypto trading down 78% from the prior three-month period, the company needs to lure more investors to use their platform, especially for trading cryptocurrency. Now it’s offering free dogecoin (DOGE-USD) along with BTC and ETH through a sweepstakes in partnership with fast-food giant Burger King, which is owned by Restaurant Brands… Source link

The Shiba Inu (SHIB-USD) digital coin has risen from obscurity (or meme status, depending on who you ask) to become the hottest trade in cryptocurrency.  Already, wild stories have emerged about small investors making a fortune on the digital coin bearing the likeness of a canine. For the uninitiated, Shiba Inu should not be confused with Dogecoin (DOGE-USD) — another dog-faced digital currency. Coincidentally, Doge also started life as a joke of sorts, en route to becoming one of the… Source link

Facebook will report its third quarter earnings after the bell on Monday, as the company grapples with a new avalanche of stories resulting from a whistleblower’s account of how it targets users, and the ripple effect of Apple changing its user data policies. Here’s what analysts are expecting from the company’s Q3 report, as compiled by Bloomberg: Revenue: $29.45 billion expected versus $21.47 billion in Q3 2020 Earnings per share: $3.17 expected versus $2.71 in Q3 2020 Family daily… Source link

The U.S. Securities and Exchange Commission (SEC) is still weighing its response to the frenzy over meme stocks, but its leader acknowledged that investors were among the losers when brokerages abruptly restricted trading in late January. “Restrictions on trading that fateful Friday in January was not good for the retail investors that wanted access to the markets,” said SEC Chair Gary Gensler during Yahoo Finance’s All Markets Summit. That “fateful Friday” was Jan. 29, when several… Source link

By Krystal Hu and Anirban Sen (Reuters) – Donald Trump has united some of his supporters and detractors in buying shares in his new company and hoping to score a big win. Anthony Nguyen, a 49-year-old software consultant from Austin, Texas, is a Republican who refused to vote for the former U.S. president in last year’s election. Last week he joined the millions of online day traders who drove up the value of the company that will house Trump’s new social media venture to almost $12 billion…. Source link

The Seattle Kraken, the National Hockey League’s 32nd team, will play its inaugural game on Tuesday night in Las Vegas. For the business minds behind the return of professional hockey to Seattle after a nearly century-long hiatus, the Kraken’s first game is a crucial step in a nearly $2 billion investment in the team. “When people think that there aren’t many opportunities left, we found this great frontier called Seattle,” Kraken CEO Tod Leiweke said on Yahoo Finance Live (video above)…. Source link

Luxury’s biggest players start reporting third-quarter results this week, and Barclays doesn’t expect them “to be a key catalyst for the space.” After speaking with more than 50 investors across Europe, Asia, the U.S. and the Middle East, the British bank found “a cautious view on the sector, mainly because of the lack of visibility around China and concerns around growth normalization after a strong COVID-19 recovery period.” More from WWD “We think investors will need… Source link

Stocks rose Monday as investors mulled ongoing signs of inflation and supply-related challenges and awaited more data on corporate earnings.  The S&P 500, Dow and Nasdaq each pushed into positive territory to shake off overnight losses. Treasury yields gained across the curve, and the benchmark 10-year yield hovered around 1.61%, or its highest level since June.  U.S. West Texas intermediate crude oil futures extended gains after logging a seventh straight weekly advance, jumping by another… Source link

The consolidation in cannabis stocks since their February highs presents a lot of potential for long-term marijuana investors holding fast, according to one investment advisor. “For investors who are looking at the long game, this is a huge opportunity because the players in cannabis have only gotten stronger over the last year,” Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said on Yahoo Finance Live (video above).  “The numbers that I’ve looked at… Source link