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The Latest Breaking News from Yahoo Finance

Stocks tank as economic slowdown fears mount and tech companies disappoint

On Tuesday, the Dow Jones Industrial Average dropped by about 1.5 percent, hammering investors.

The Independent UK

Intuit Looks Like a Bargain After Hiking Its Dividend By 16%

Intuit reported strong fiscal full-year results (ending July 31) and hiked its dividend by 16%. It can afford this raise given its huge free cash flow. As a result, INTU stock still looks undervalued here.

Barchart

'Closet Bitcoin Bull' To Speak At BTC 2025? Critic Peter Schiff Gets New Nickname

Peter Schiff, a notorious Bitcoin critic, has received a new nickname from Bitcoiners after he ran into David Bailey in Puerto Rico.

International Business Times

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A decade after buying Oculus VR, Meta's Reality Labs' losses are spiralling out of control, with no end in sight

$10 billion loss in 2020, $16 billion loss in 2023—and it's only going to get worse, says Meta.

PC Gamer

Apple Shares Soar To Record Levels With AI Platform Launch

The stock jumped 7% to close at a record high, marking its best single-day performance since November 2022.

International Business Times

How Ford Could End Up Being America’s Affordable EV King

Ford's CEO, Jim Farley, revealed to Yahoo Finance that the automaker is serious about making affordable EVs for Americans.

Inverse

Chevron is Still Cheap with its Dividend Yield Over 4.0% and a 12x P/E Multiple

Chevron stock still looks inexpensive here with its 4.05% dividend yield and forward earnings multiple of 12x. Moreover, it makes sense for existing shareholders to short OTM puts for extra income.

Barchart

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Nvidia Stock Could Still Be Worth 26% More at $1,141 - Good for Short-Put Plays by NVDA Investors

Nvidia could still be worth up to 26% more at $1,141 per share. This valuation is based on its massive FCF margins. Existing shareholders can short OTM puts for income while waiting for this target.

Barchart

CRH Continues to Benefit From Infrastructure Spending. Stock Hits 68th 52-Week High. Time to Buy?

The Irish-based producer of building materials hit a 68th 52-week high in early Wednesday trading. Up 55% over the past six months, infrastructure spending could keep it moving higher, blowing through $100 in the process.

Barchart

DirecTV Adds Four New Channels to The Streaming Lineup

Time and Alien Nation are among the new services

TV Tech

Paramount Global’s Unusual Options Activity Heats Up on Merger News: Time to Buy?

The CEOs of Paramount Global and Warner Bros. Discovery met in New York this week to talk about a merger. The former’s unusual options activity has been much busier than the latter. Is PARA a buy?

Barchart

JPMorgan CEO Dimon: More Rate Hikes Warranted, But Pause Needed

JPMorgan CEO Dimon warns of potential economic shake-up due to rate hikes and quantitative tightening.

Zenger

Elon Musk was ‘almost in tears’ on Tesla earnings call, analyst claims

Electric automaker’s share price fell 15 per cent in days after third-quarter call

The Independent UK

‘Little baby’ Elon Musk had meltdown on Tesla earnings call, analyst claims

Electric automaker’s share price fell 15 per cent in days after third-quarter call

The Independent UK

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InsideEVs

Study Reveals 31% Of US Likely To Buy EVs, Toyota Preference

In a recent Ipsos poll, EV interest is stymied by cost, range, and charging concerns.

InsideEVs

New Study Reveals American EV Confusion, Desire For Electric Toyotas

In a recent Ipsos poll, EV interest is stymied by cost, range, and charging concerns.

Zenger

Crypto Analytics Firm Nansen Reports Breach, Exposing User Emails And Blockchain Addresses

Third-party vendor breach allows unauthorized access, affecting 6.8% of users; Nansen takes immediate action

Zenger

Aerospace Stocks Are Set To Fly High On Multi-Year Tailwinds, Says Mario Gabelli

Mario Gabelli says aerospace stocks are poised to take off

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news in one place.

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Zenger

Apellis Pharmaceuticals Reports Q2 Earnings Beat, Investigates Retinal Vasculitis Events

Apellis Pharmaceuticals beats Q2 earnings estimates with strong sales of SYFOVRE, but faces investigation into retinal vasculitis events

Barchart

Nvidia Stock Surges Again - Attracting Unusual Stock Options Activity

Nvidia stock was up over $10 yesterday, over 2.22%, as investors can't get enough of the AI chip company. This has attracted unusual stock options activity with massive volume with its put options.

Barchart

Oracle Corp Unusual Call Option Activity - Traders See it as an AI Play

Today, Barchart's Unusual Stock Options Activity Report shows that a huge institutional trader has bought many call options in Oracle Corp that expire in 2 weeks - a significant bullish signal.

InsideEVs

Rivian Stock Up Almost 90 Percent Over The Past Two Weeks

Wedbush analyst Dan Ives thinks "the worst is in the rearview mirror" when it comes to Rivian's stock, with the firm raising the price target from $25 to $30.

Barchart

Nvidia Stock Still Has Upside Based on Analyst Targets - Call Options Popular with Traders

Analysts' target prices for Nvidia stock still show upside in the stock. Moreover, option premiums are skewed to the call option side, indicating that traders are still bullish on NVDA stock.

InsideEVs

Tesla Stock Is “Egregiously Overvalued,” Won’t Last As Rivals Fill The EV Space: Analyst

Craig Irwin says that the Austin-based firm is “egregiously overvalued” and that it will be increasingly hard for Tesla to see the same growth going forward.

Barchart

Nvidia Stock Could Still Peak Higher Based on Targets - Time to Short OTM Puts

Nvidia stock is up 12.8% so far this month and almost 200% YTD. But analysts still have much higher price targets based on earnings. Traders who short OTM puts can take advantage of this.

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