Greg Abel Just Bought $15 Million of Warren Buffett’s Favorite Stock
Chip Somodevilla / Getty Images
(Chip Somodevilla / Getty Images)
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» Read more about: Greg Abel Just Bought $15 Million of Warren Buffett’s Favorite Stock »
Chip Somodevilla / Getty Images
(Chip Somodevilla / Getty Images)
» Read more about: Greg Abel Just Bought $15 Million of Warren Buffett’s Favorite Stock »
There are endless ways to value stocks, including: multiples of sales; net income; earnings before interest, taxes, depreciation, and amortization, or Ebitda; and book value. As well as sum-of-the-parts, or SOTP, valuations, which try to value each business segment within a corporation separately.
» Read more about: Why Tesla stock price targets on Wall Street are useless »
A sudden and dramatic escalation of conflict in the Gulf has sent shockwaves through the global energy markets,
Meta Platforms (META 1.79%) shocked investors when it announced plans to spend between $115 billion and $135 billion on capital expenditures this year, mostly on its artificial intelligence buildout. That’s an 87% year-over-year increase in spending at the high end of its guidance.
Some of the biggest beneficiaries from Meta’s massive budget are chipmakers.
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JPMorgan Nasdaq Equity Premium (JEPQ) 11.38% yield at $57.78; Amplify Enhanced Dividend (DIVO) 4.79% yield, 18.87% 1-year return at $46.66; Invesco High Dividend Low Volatility (SPHD) 4.83% yield at $52.
» Read more about: I’m Retiring Today—These Are the 3 ETFs I’m Buying Right Now »
The average long-term U.S. mortgage rate came off its lowest level in three and a half years this week, as bond yields marched higher following a spike in oil prices due to the war with Iran.
The benchmark 30-year fixed rate mortgage rate ticked up to 6% from 5.98% last week,
» Read more about: Average US long-term mortgage rate ticks up to 6%, ending a three-week slide »
Block’s (XYZ) CFO Amrita Ah explained the mechanics behind the decision to lay off 40% of its staff to pursue AI-driven work functions in a call last night.
Some excerpts below.
What’s the read on the business since announcing the decision?
President Trump, however, appears in no rush to end the fighting.
The news: Asked Wednesday how long the US offensive would continue, Defense Secretary Pete Hegseth told reporters, “We could say four weeks, but it could be six, it could be eight, it could be three.”
Now,
» Read more about: The clock is ticking as Trump’s war puts the US economy in harm’s way »
Since 2022, the Federal Reserve has instituted a number of changes to monetary policy.
Meanwhile, inflation has dropped from 9.1% to 2.4% over the last few years.
While inflation continues to cool off, the labor market remains in a tough spot.
» Read more about: Will the Federal Reserve Cut Interest Rates in 2026? »