Software company Twilio (TWLO) sees a pick up in its shares after activist investor Anson Funds — which holds a stake worth $50 million — pushes for a sale. Despite disruption in leadership and structure, the stock has seen a 30% increase year-to-date. Additionally, GameStop (GME) stock jumps as Roundhill's meme stock ETF (MEME) is set for liquidation in December. Yahoo Finance’s Julie Hyman and Josh Lipton take a look at the two trending stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Software company Twilio (TWLO) sees a pick up in its shares after activist investor Anson Funds — which holds a stake worth $50 million — pushes for a sale. Despite disruption in leadership and structure, the stock has seen a 30% increase year-to-date.
Additionally, GameStop (GME) stock jumps as Roundhill's meme stock ETF (MEME) is set for liquidation in December.
Yahoo Finance’s Julie Hyman and Josh Lipton take a look at the two trending stocks.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Reuters
Roundhill Investments announced the closure of its exchange-traded fund tracking the performance of meme stocks nearly two years after its launch, putting another nail in the coffin of the popular pandemic-era trade. The Roundhill MEME ETF, with net assets of just $2.7 million, consists of companies that exhibit a combination of elevated social media activity and high short interest, according to Roundhill's website. "The marketplace decides what survives and what doesn't," said Dave Mazza, chief strategy officer at Roundhill.
Benzinga
In the rapidly evolving landscape of electric vehicle (EV) technology, a new player is emerging as a formidable challenger to Tesla Inc.’s dominance. QuantumScape, a Silicon Valley-based startup, is revolutionizing the EV battery market with its cutting-edge solid-state batteries. The batteries are touted to have triple the energy density of Tesla’s lithium-ion cells, significantly faster charging times and a safer, more sustainable design. QuantumScape’s leap into the future is marked by its in
Benzinga
Influential investor Warren Buffett has been doling out investment advice since the beginning of his career. A staunch advocate of value investing in large-cap, well-managed equities, Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Investing in high-quality dividend stocks can help you generate substantial passive income, creating a sturdy cushion for retirement as well as side earnings. Companies categorized as dividend aristocrats have a
Bloomberg
(Bloomberg) -- Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas Sands Corp. so the family can acquire a majority stake in an unidentified professional sports team.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bets: Markets WrapMilei’s
Benzinga
When investing in the stock market, a history of strong returns should be high on your priority list. Combine this with a positive outlook on the future, and you may have a winner to add to your portfolio. Amgen Inc., an American multinational biopharmaceutical company, fits this mold. The company has a 10-year annualized total return of 13.69% through the end of 2022. And if that's not enough to pique your interest, consider this: It pays out billions of dollars in dividends to investors every
Benzinga
Shares of Pfizer Inc. are hovering around $30 as investors adjust to the company's pursuit of a candidate for a weight loss pill, marking its entry into the competitive obesity drug market. The Street responded critically. JPMorgan Chase & Co analysts called the news a setback for the company. Lotiglipron — the disregarded candidate — was expected to be the stronger contender. Meanwhile, SVB Securities labeled the decision "incrementally negative," according to Yahoo! Finance. Still, Pfizer is p
Barrons.com
Hewlett Packard Enterprise posted October-quarter financial results that were largely in line with Street estimates, driven by growing strength in its high-performance-computing and AI segment, where it is finding traction in particular with customers training large language models. In late trading, HP Enterprise shares were 0.8% higher at $15.65. For the quarter, HP Enterprise posted revenue of $7.35 billion, down 7% from a year ago.
Investor's Business Daily
Tesla vehicle insurance registrations in China continue to pick up as the EV giant attempts to reach record Q4 sales worldwide and full-year targets. Meanwhile, Tesla once more nudged China prices higher, but also announced new discounts. Tesla insurance registrations in China totaled 16,700 last week, up 2.5% from 16,300 the prior week, according to data reported by CnEVPost.
The Wall Street Journal
Gold prices are back at near-record highs. Why? Futures for the precious metal have [shot up 8%](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-11-27-2023/card/another-winner-from-the-growing-soft-landing-optimism-gold-sVt331uR2SooCDUVQpGt) so far this quarter, with gold now fetching comfortably more than $2,000 a troy ounce.
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