Tag Archives: Stock

Stock futures opened slightly higher Monday evening after a mixed session, as investors further mulled the market implications of Federal Reserve Jerome Powell’s renomination to lead the central bank. Contracts on the S&P 500 rose. Earlier, the blue-chip index set an all-time intraday high before pulling back to end in the red, with a drop in technology stocks dragging on the index. The Nasdaq underperformed with a drop of more than 1%, while the Dow ended narrowly in the green. Shares of… Source link

What happened Russian tech stock star Yandex (NASDAQ:YNDX) fell 10.2% through 3:15 p.m. ET on Monday — and you can probably blame Russian President Vladimir Putin for that. As the English-language The Moscow Times said this morning, currently both the Russian ruble and Russian stocks are “in the red as talk of military confrontation spooks investors.”  Image source: Getty Images. So what For weeks, diplomats have been warning that the Russian… Source link

Yandex NV (YNDX) has fallen Monday morning, with the stock losing -1.88% in pre-market trading to 79.53. YNDX’s short-term technical score of 54 indicates that the stock has traded more bullishly over the last month than 54% of stocks on the market. In the Internet Content & Information industry, which ranks 130 out of 146 industries, YNDX ranks higher than 82% of stocks. Yandex NV has risen 7.07% over the past month, closing at $77.05 on… Source link

Warren Buffett keeps selling billions worth of stock in this frothy market — but here are 3 new places where he’s managed to find value Bloated valuations in today’s stock market aren’t exactly appealing to value investors. So it’s no surprise that the most famous value investor of all continues to reduce his stock market exposure. In Q3, Warren Buffett’s holding company Berkshire Hathaway sold a net $2 billion stock, including a complete exit of pharmaceutical giant Merck as well as… Source link

The stock market has been on autopilot in November, and it’s not without rhyme or reason, said Rick Rieder, BlackRock’s global fixed income CIO. “I don’t think equity valuations are that high when you look at free cash flow yields,” said Rieder on Yahoo Finance Live. “And in the last couple of weeks some earnings are pretty impressive.” The market has liked that companies have been able to pass along inflation successfully to end users, as seen this week in earnings from big names like… Source link

U.S. stock futures opened higher Thursday night, with contracts on the Dow, S&P 500 and Nasdaq each moving to the upside. U.S. stocks closed Thursday’s session mixed, with technology and retail shares leading the S&P 500 (^GSPC) and Nasdaq (^IXIC) higher while economic data pointed to a recovering labor market.  The Dow (^DJI) slipped 230 points (0.2%), pressured by a drop in shares of Cisco (CSCO). The computer networking company posted quarterly results after the bell Wednesday that fell… Source link

Amazon’s stock was priced at $18 when it went public in 1997. Today, the stock trades for more than $3,600 as the tech behemoth has cashed in on surging markets such as cloud services and online retail.  Veteran tech analyst Mark Mahaney of Evercore ISI thinks Uber (UBER) could be the next Amazon-like investment as it capitalizes on its own expanding market known as the on-demand economy.  “To me, Uber fits the bill of a still early stage company that has massive TAMs [total addressable… Source link

Stock futures opened mixed Wednesday evening after dropping during the regular trading day, with investors giving back some gains as jitters over inflation remained and overshadowed the latest batch of solid corporate earnings results.  Contracts on the S&P 500 were flat as the overnight session kicked off. Though the index ended Wednesday’s session lower, it remained up by 1.8% for November to date, and was less than 0.7% below its all-time intraday high.  Nvidia (NVDA) shares jumped in… Source link

Some haywire moves higher in money-losing electric vehicle makers such as Rivian and Lucid hint at the stock market forming an unhealthy bubble, argues Matt Maley, Miller Tabak chief markets strategist.  “It’s just a sign of an unhealthy stock market,” Maley said on Yahoo Finance Live. That may be an understatement.  While Rivian’s stock price (RIVN) plunged 15% to close at $146.07 on Wednesday, shares at one point on Tuesday were more than double the company’s IPO pricing of $78 from last… Source link

Stock futures traded mixed Wednesday morning as investors digested a set of mixed corporate earnings results from more major retailers.  Contracts on the S&P 500 and Nasdaq were slightly higher, while the Dow pointed to a lower open. Tesla (TSLA) shares extended gains in early trading after jumping 4% for their first rise in four sessions on Tuesday. Peloton (PTON) shares dipped after surging by nearly 16% on Tuesday in its best day since May 2020, after the company announced a secondary… Source link