For many of us investors, a key goal is reaching financial independence. Smart investing in great companies with decent potential staying power can give you a great path toward achieving that goal. With that in mind, we asked three of our contributors to name an investment that they thought would provide a great opportunity to help others reach their own financial independence goals.
Yahoo Finance's Ines Ferre checks out markets closing this week in the green, the bond market action, the consumer discretionary sector, semiconductor stocks, and crude oil pricing.
Its revenue plunged 25% year over year to $1.46 billion, which missed analysts' expectations by $50 million, as its comparable-store sales tumbled 23%. Its net loss widened from $51 million to $358 million on a GAAP (generally accepted accounting principles) basis. On a non-GAAP basis, it posted a net loss of $225 million, compared to a net profit of $5 million a year earlier, and its net loss of $2.83 per share broadly missed analysts' estimates by $1.44.