Uber is partnering with Hyundai to create flying air taxis. The company made the announcement at CES 2020 and said it could be ready as early as 2023. Yahoo Finance’s On the Move panel discusses.
Social Security payments may be subject to cuts. Here's what the timing looks like.
You won't believe the amount of money that the bottler intends to return to shareholders.
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
The e-commerce platform expects sales growth to slow in the current quarter. Revenue rose 23% in the first quarter.
U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. Tesla’s Autopilot and Full Self-Driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to take over driving, the Justice Department is examining other statements by Tesla and Chief Executive Elon Musk suggesting its cars can drive themselves.
Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to 3.5%, and April’s job numbers showed a marked slowing in the labor market; that combination has stoked fears of stagflation. But – corporate earnings from Q1 are beating expectations, and the stock market has taken a turn for the better with the S&P 500 closing just below 5,200 yesterday. Economic strategists are still optimist
Warren Buffett is selling his largest holding, and that's a huge deal.
Uber and Shopify sold off early Wednesday on earnings, but Arista Networks led stocks flashing buy signals on results.
While techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.