In September, the Federal Reserve started a new rate-cutting cycle, something the stock market has seen only five other times in the last three decades. Specifically, after raising the federal funds rate to a two-decade high to fight severe post-pandemic inflation, policymakers finally pivoted to interest rate cuts on Sept. 19.
Warren Buffett once said, “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” It’s fair to say that Buffett doesn’t think too highly of Wall Street analysts’ opinions.
However, analysts think highly of some stocks that Buffett likes.
Berkshire Hathaway‘s (NYSE: BRK.A) (NYSE: BRK.B) quarterly 13-F filings always have a few surprises.
The updates show the stocks that Buffett’s conglomerate has bought and sold in the previous quarter. The biggest surprise this time around seemed to be Berkshire’s purchase of Domino’s Pizza (NYSE: DPZ),
» Read more about: Warren Buffett Just Bought Domino's Pizza Stock. Should You Follow Him? »
Warren Buffett once said, “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” It’s fair to say that Buffett doesn’t think too highly of Wall Street analysts’ opinions.
However, analysts think highly of some stocks that Buffett likes.
One of the most-watched events of the month — at least in technology and financial circles — may be what’s happening on Nov. 20. Artificial intelligence (AI) powerhouse Nvidia (NVDA -3.26%) is set to offer us a look at its latest earnings figures and an update on what may be its next major growth catalyst.
» Read more about: Here's What to Expect From Nvidia on Nov. 20. »
The year 2024 is about to end in another six weeks. Investors are looking for different ways to maximise their gains in this Calendar year, while capping the losses to the bare minimum. With stock market indices in a free fall where Nifty has already declined 10 percent on FII sell-off,
Big changes are just a few weeks away.
The 401(k) is a go-to account for workers to build their retirement savings, and the IRS has just announced updates that could shake things up in 2025.
On Nov. 1, the 2025 contribution limits were unveiled — and they are bigger than ever.
The proprietary Schaeffer’s volatility scorecard helps us find the best stocks for options traders, buying or selling.
» Read more about: 20 Stocks That Could Yield Explosive Options Trades »
US stocks sank on Friday, recording steep weekly losses as investors absorbed Chair Jerome Powell’s signal that the Federal Reserve won’t hurry to make interest-rate cuts.
The S&P 500 (^GSPC) dropped 1.3%, while the Dow Jones Industrial Average (^DJI) slid 0.7%.
