Alphabet misses on earnings expectations, as ad revenue falls – Yahoo Finance
Google’s parent alphabet (goog, Google) Fourth Quarter Financial Results Announced Earnings and earnings per share fell short of expectations after Thursday’s bell as advertising declined year-over-year. Here are the most important numbers from the report, compiled by Bloomberg and compared to what Wall Street expected. Alphabet shares fell 4.2% immediately after the report. Google’s advertising […]
Ford earnings preview: Expectations are high following GM's blowout quarter – Yahoo Finance
Ford (debt) Earnings are expected to be released later today and are an important report following the blowout results. from rival GM Earlier this week. Investors will be watching the company’s full-year earnings, which are projected to be around $11.5 billion in its latest quarterly report, and the latest commentary on industry price movements after […]
Tesla board directors testify Elon Musk’s 2018 ‘funding secured’ tweet consistent with deal talks – Yahoo Finance
Tesla (TSLA) board members said Wednesday that Elon Musk’s 2018 Twitter post about taking the electric car company private is consistent with what he told the board about the potential private deal. testified. Outside Director James Murdochthe son of film and television giant Rupert Murdoch, ran among other former or current board members. The testimony […]
Dollar plunges as Fed says disinflation now in play – Yahoo Finance
Ray Wee SINGAPORE (Reuters) – Market confidence is nearing the end of the rate hike campaign as the dollar plunged on Thursday after the Federal Reserve announced it had ended its war on inflation. increased. Investors got a dovish clue from Wednesday’s remarks by Fed Chairman Jerome Powell, the world’s largest economy. The Fed’s statement […]
Stock market live news updates: Tech stocks soar after Fed's latest rate hike – Yahoo Finance
Tech stocks rose Wednesday after Federal Reserve announcement recent interest rate hike After Fed Chairman Jerome Powell suggested the economy was showing signs of ‘disinflation’. When the closing bell rang on Wall Street, the tech-focused Nasdaq Composite (^IXIC) rose 2%, with market charges rising following Chairman Powell’s comments. S&P 500 (^GSPC) rose 1% and the […]
Stock market news live updates: Stock futures fall ahead of blockbuster week – Yahoo Finance
U.S. stock futures fell ahead of Monday’s open as investors await a big week with the latest Federal Reserve Board meeting, big earnings reports and employment data. Futures linked to the S&P 500 (^GSPC) fell 1%, while futures on the Dow Jones Industrial Average (^ DJI) lost 0.7%. Technology-focused Nasdaq Composite deal (^IXIC) about 1.3% […]
Housing: Here's what it will take to buy a home this year – Yahoo Finance
Thinking of buying a new home in 2023? First, the bad news. Affordability remains a serious challenge for most buyers realtor.com. “Median house prices are 10% higher than they were a year ago, and mortgage rates are 100% higher than they were a year ago,” he said. Add an additional $800 to $1000 to your […]
Fed Set to Shrink Rate Hikes Again as Inflation Slows – Yahoo Finance
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow @economics, and subscribe to our podcast. Bloomberg’s most read articles The Federal Reserve is set to again slow the pace of rate hikes next week amid signs of slowing inflation, but Friday’s jobs data showed stability for workers raising the chances of a soft […]
Housing market: Jason Oppenheim warns of an 'armageddon' in the real estate industry – Yahoo Finance
The real estate industry could turn upside down soon, says star broker Jason Oppenheim. Oppenheim – leads a team of attractive agents at Netflix (NFLX) Reality Series “Selling Sunset” – We recently sat down with Yahoo Finance to discuss the current state of the US real estate market. In an extensive conversation, he warned that […]
White House blasts Big Oil stock buybacks again as Chevron profits double – Yahoo Finance
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a new attack on U.S. oil companies to use profits to boost supply after Chevron said it had doubled its annual profit for 2022. He accused them of paying shareholders instead. Chevron posted a record $36.5 billion profit in 2022. […]
