The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. The semiconductor industry is a good example. The pandemic triggered chip shortages across the world in 2020 and 2021, which gave manufacturers pricing power and drove monumental growth.
Nvidia shows investors why it is a powerhouse for cloud solutions. The company announced Nvidia DGX Cloud, Omniverse Cloud, and numerous partnerships.
Nike (NKE) stock could benefit from the breakup between Adidas and Kanye West, according to one Wall Street analyst. West and Adidas parted ways in October 2022 after multiple public antisemitic comments by the rapper. This ended Adidas' run with West’s popular Yeezy line, leaving the athletic apparel company with significant excess inventory and a moral dilemma over whether or not to offload Yeezy merchandise. If Adidas opts not to sell the merchandise, the company says it could report a loss of $750 million in 2023. The absence of Yeezy leaves a hole in the market for celebrity tie-ups on trendy merchandise, which Barclays analyst Adrienne Yih argues Nike could take over. Nike’s had similar success already, particularly with its Jordan Brand, which accounted for more than $5 billion in revenue during 2022. Nike shares traded lower after the company reported third quarter earnings after the bell on Tuesday. Above, Yahoo Finance's Dave Briggs and Seana Smith discuss Nike's latest earnings report and what's next for Nike for after Adidas severed ties with Kanye West.
Rob Manfred confirmed ahead of Tuesday's final that the next tournament will be in three years.
The actor is set to appear in Disney’s live-action film “Peter Pan & Wendy.”
fuboTV (NYSE: FUBO) management provided key insights to investors about its plans to improve profit margins and cash flow. This video highlights those plans and the likelihood of their success. *Stock prices used were the afternoon prices of March 19, 2023.
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
The Minnesota Vikings agreed to terms on a new contract on Tuesday with defensive lineman Jonathan Bullard, who played in 12 games with seven starts last season. Bullard joined the Vikings last year, his fifth team in five seasons. Drafted in the third round by the Chicago Bears in 2016 out of Florida, Bullard gives the Vikings another experienced player on the interior with returning starter Harrison Phillips and newcomer Dean Lowry.
These are the stocks moving after the bell on Tuesday, March 21.
The effort to recall Democratic New Orleans Mayor LaToya Cantrell has failed, following an official count of petition signatures released by the Louisiana governor’s office Tuesday. Gov. John Bel Edwards announced that only 27,243 of the signatures were valid — falling about 18,000 short of what was needed to force a referendum. “My administration has always remained focused on addressing the real pressing issues that face our city,” Cantrell said in a statement to WAFB-TV.
The 30-year-old dad was travelling from Perth to Melbourne when the flight took a 'humiliating' turn. Watch the footage.
Sarah Michelle Gellar had to stake Pedro Pascal's college-student-turned vampire Eddie in season 4. The actress recently shared a throwback of the two on set, giving a nod to Pascal's recent Internet fame. In this groundbreaking MTV series, Pascal (left) played a gay character named Greg for three episodes.
Williams was ordered to park his car after debris from it caused a caution. He was unhappy with the decision and made a dramatic exit from the race.
Matt Kuchar has a chance to break at least one record belonging to Tiger Woods, and the Dell Technologies Match Play will be his last chance. Kuchar is guaranteed three matches, starting Wednesday, in the group format. Kuchar has reached the Final Four four times, winning the championship in 2013, losing to Kevin Kisner in 2019 and twice losing in the semifinals.
Taylor Swift is channeling looks from her past 10 albums on her Eras Tour. Take a look at her best outfits, including custom pieces from Versace, Roberto Cavalli and more
Ederson wants Real Madrid out of the Champions League so that coach Carlo Ancelotti can come to Brazil "as quickly as possible.” Never mind that Ancelotti is under contract in Madrid until the end of next season and that Brazil's confederation recently denied it had reached a deal with the 63-year-old Italian. Brazil's national team players seem confident that Ancelotti could be their next coach.
The NCAA predicted doom and gloom if college athletes were ever paid. Well, they're getting paid, and the NCAA tournament is putting up record numbers.
(Bloomberg) -- GameStop Corp. reported a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending the shares soaring as much as 39% in extended trading. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldUS Studies Ways to Insure All Bank Deposits If Crisis GrowsJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Sees Increasing Chances of ‘Minsky Mo
The Atlanta Falcons have signed wide receiver Mack Hollins to a $2.5 million, one-year deal, giving the team another big option. The Falcons announced the signing on Tuesday. Hollins could open the season as the No. 2 wide receiver, joining 2022 rookie Drake London as big playmakers for quarterback Desmond Ridder.
‘You simply weren’t good enough to survive the pressures of this medium,’ Eric Braeden said
These three stocks are benefiting from digital ordering options that were improved during the pandemic.
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