ToplineIt’s too early for investors to value and trade legacy automakers such as Ford like electric vehicle stocks, according to Jefferies analysts who recently downgraded shares of the company warning…
ToplineThe stock market plunged on Tuesday after Goldman Sachs reported disappointing quarterly earnings—continuing a trend of lackluster bank results, while surging government bond yields hit two-year highs. Key Facts The…
ToplineShares of several major banks tanked on Friday—even after reporting solid quarterly earnings—as reports underwhelmed investors and some firms warned about rising expenses and “inflationary pressures” which could impact future…
ToplineThe stock market jumped—erasing earlier losses—after Federal Reserve Chairman Jerome Powell pledged in testimony before the Senate on Tuesday that the central bank wouldn’t hesitate to raise interest rates further…
ToplineVideo game company Take-Two Interactive, known for “Grand Theft Auto,” “NBA 2K” and “Red Dead Redemption,” announced Monday that it is buying mobile gaming company Zynga in a blockbuster $12.7…
ToplineShares of billionaire Warren Buffett’s investing conglomerate, Berkshire Hathaway, continued to their new year rally on Thursday, bringing the company’s market value to a new high of over $700 billion—and…