Stock futures rose Tuesday evening, extending earlier advances as investors looked ahead to the first actions of the incoming Biden administration. Contracts on the Dow added more than 50 points, or 0.2%, as the overnight session kicked off.
Yahoo Finance's Alexis Christoforous and Jared Blikre discuss Citigroup following the company's earnings report.
One of the trickiest challenges for incoming President Joe Biden is what do to about his predecessor, Donald Trump: investigate him for possible crimes, or leave him alone? There's a case for each route.
Wall Street is right to disregard a rare earnings miss from streaming king Netflix. Netflix ( NFLX) shares exploded 13% in pre-market trading on Wednesday, indicating the stock will open at a record high despite the earnings shortfall on Tuesday evening.
(Bloomberg) -- U.S. stocks rose, led by gains in tech shares and small caps, with Wall Street parsing the latest earnings ahead of a flood of reports this week.The S&P 500 Index rebounded from Friday's selloff after a three-day weekend that brought little by means of fresh macro news.
Former White House Chief of staff John Podesta sat down with Yahoo Finance's Rick Newman to preview the first days of the Biden administration, the focus on climate change to come from across new administration and what the President-elect should do about Trump
Yahoo Sports' Dan Wetzel and Pete Thamel, and Sports Illustrated's Pat Forde discuss the disaster unfolding at Tennessee after the school parted ways with AD Phillip Fulmer and head coach Jeremy Pruitt amid NCAA violations.
It was the second question of his introductory news conference Tuesday, and given the magnitude of the decision, it was somewhat surprising it was not the first. Brad Holmes made no promises about Matthew Stafford's future at quarterback, but the new Detroit Lions general manager sure sounded like a man who wants Stafford on his team in 2021.
Big-cap tech stocks have enjoyed a magical ride during the COVID-19 pandemic, causing some on Wall Street to speculate numerous household names are now in dreaded bubble territory.
There is a bit of a competition among incoming presidents to downplay the economy they inherit as it makes subsequent accomplishments seem all the more impressive. In his inaugural address, Barack Obama noted with justification that "our economy is badly weakened."
Tesla ( TSLA) shares rose by nearly 700% in 2020, and the year was capped off by their entry into the S&P 500. The "ludicrous speed" continued into 2021 - where shares went up another 18%. That means the automaker's price-to-earnings ratio is an eye-rubbing, nose-bleeding 1,601.
The first month of the new year has not even ended yet, and Wall Street firms are already building a case for stocks to rise even further this year. With the composition of the government now confirmed and Democratic lawmakers in control of both the U.S.
Tesla ( TSLA) has a new Street high price target. Oppenheimer analyst Colin Rusch more than doubled his price target on the stock to $1,036 from $486. "We believe TSLA has the potential to be a transformational technology company and deliver outsized returns," wrote Rusch in a note to investors.
Last week, President-elect Joe Biden introduced his first major legislative effort on the economy: a $1.9 trillion economic recovery bill. "We have to act and we have to act now," Biden said last week in announcing details of his plan.
On one hand, it makes sense that playoff rematches would look similar to the regular-season result. There's usually a reason one team beats another. That doesn't magically disappear in the playoffs. Since 2002, when the NFL started its current divisional format, teams that won a regular-season meeting are 63-44 in the playoff rematch according to the Washington Post.
As President-elect Joe Biden takes office this week, his focus will be on domestic issues but his predecessor's bellicose approach to foreign affairs has left a ticking time bomb for the incoming administration.
(Bloomberg) -- U.S. stocks pushed toward all-time highs on the final full day of Donald Trump's presidency, with Wall Street parsing the latest earnings and looking on as Treasury Secretary nominee Janet Yellen's confirmation hearing begins.The S&P 500 Index rebounded from Friday's selloff after a three-day weekend that brought little by means of fresh macro news.
Saints defensive line coach Ryan Nielsen wants to join Ed Orgeron's staff at LSU, and a deal seems (or seemed?) imminent. LSU coach Ed Orgeron even went on WWL Radio on Monday afternoon and said of Nielsen, via Julie Boudwin of Rivals: "We are in the process.
LAUSANNE, Switzerland--()--Charles Bendotti, Senior Vice President, People & Culture at Philip Morris International Inc. (PMI) (NYSE:PM), has today been recognized for his unwavering support for LGBTQ+ inclusion in the workplace, included on INvolve and Yahoo Finance's OUTstanding 50 Ally Executives List2020.
Tuesday, January 19, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe While it's nearly impossible to predict with any precision how the stock market will perform over a short-term period like a year, it does seem to be the case that the odds of a positive return improve as you lengthen your investment time horizon.
