Year: 2020

Yahoo Finance’s On the Move panel discuss today’s Stocks on the Move Peloton and Tesla. …read more […]

Shares of AMC Entertainment Holdings (NYSE: AMC) stock were up nearly 9% on Wednesday through late-morning trading. The movie theater chain announced that it plans to have 70% of its U.S.-based theaters open this weekend for the upcoming Labor Day weekend.
COVID-19 has battered the AMC stock, bringing it down over 5% year-to-date, and more than 38% over the past year. But this resilient movie theater chain has been showing signs of life, largely due to the chain beginning to open theaters back up.
The stock may be further bolstered this Labor Day weekend by the release of the highly-anticipated Christopher Nolan …read more […]

Mercedes-Benz engineers are striving to meet every definition of comfort in the new S-Class sedan as they try to steal a march on rival Tesla, which wowed audiences with its “fart mode.” The growing lexicon of engineering features is a sign of Mercedes’ determination to push the boundaries of automotive refinement as it tries to reclaim high-tech bragging rights that have been hijacked by electric car pioneer Tesla. “The Lastenheft for this S-Class which was conceptualised in 2014 is now 689 pages long,” Weissinger said at the Daimler-owned company’s factory in Sindelfingen. …read more […]

Tesla’s high-priced stock is giving the electric vehicle maker access to more equity funding, which ultimately means more growth for the company, says BofA analyst John Murphy. …read more […]

In this article, our guest contributor Hollie Tomlinson discusses whether in the current market environment amid the coronavirus pandemic and economic turbulence commodities vs. stocks represent a safer and better investment opportunity for people.

This past spring, stock markets around the world crashed in rapid fashion. This happened suddenly and was the markets’ reaction to the COVID-19 crisis.
In all likelihood, the worst of the worldwide market reaction has already come and gone. Markets rebounded quickly, and in some cases have had fairly strong runs in the months since the crisis struck.
At the same time though, stock exchanges remain unpredictable …read more […]

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(Bloomberg) — Three power plants planned in New York, Virginia and Ohio will test whether hydrogen can one day replace natural gas in electric generation.Power producers Danskammer Energy LLC, Balico LLC and EmberClear are paying Mitsubishi Power Americas Inc. more than $3 billion for the facilities, which will collectively generate 3,284 megawatts of electricity. While the plants will initially run on natural gas alone, they’ll eventually shift to burning green hydrogen produced and stored on-site. They’re designed to make it easier to ramp up hydrogen use as production increases, said Chief Executive Officer Paul Browning.Green hydrogen — produced by stripping …read more […]

It’s not a stretch to say that Philip Morris International Inc.’s (NYSE:PM) price-to-earnings (or “P/E”) ratio of… …read more […]

The company said the chips use a new manufacturing technique and other tweaks that will make them more powerful at tasks such as using artificial intelligence to reduce background noise during video calls. The company said it worked with laptop makers including Dell Technologies and Samsung Electronics Co Ltd and that there will be 50 different machines from different makers available for the holiday shopping season. The Tiger Lake processors come as Intel, one of the few chip companies that both designs and makes its own chips, has struggled with manufacturing delays. …read more […]

Saudi oil exports to America plunged to 35-year low and Exxon looks to cut jobs worldwide. Path Trading Partners Co-Founder & Chief Market Strategist joins Yahoo Finance’s On The Move panel to break down oil’s outlook amid the pandemic. …read more […]

Stan Erck became the CEO of Novavax, Inc. (NASDAQ:NVAX) in 2011, and we think it’s a good time to look at the… …read more […]

Yahoo Finance’s Adam Shapiro breaks down the stocks to watch Wednesday. …read more […]

This summer didn’t just see temperatures heat up. The S&P 500 has been on fire, with the index breaking record after record during the month of August and now sitting at 3,526.65 points.As its 2020 S&P 500 price target of 3,388 has been left in the dust, investment firm Wells Fargo is weighing in on where the market is heading. Christopher Harvey, head of equity strategy, writes in a recent note that “it does not appear the market is about to hit a wall,” noting that he doesn’t want “to leave the party too early.”“There is a growing perception that …read more […]

The retailer has attracted a significant new shareholder. …read more […]