Warren Buffett‘s Berkshire Hathaway has bought a major stake in two of the nation’s biggest homebuilders—Lennar and DR Horton—in a vote of confidence for the struggling residential real estate sector.
Berkshire’s new investment in the homebuilders was worth over $991 million. The Lennar stock was worth $800 million,
Talk about privilege. The dollar is not just the currency of the United States; it is what’s called the world’s “reserve currency,” where people and institutions park their money. But there’s concern that policies out of Washington could erode that status to the benefit of the euro and China’s currency,
» Read more about: Why the U.S. dollar is under threat as the world's reserve currency »
» Read more about: Bullish Pulls Off $1.15B IPO, Every Dollar Settled in Stablecoins »
Apple Inc. AAPL traded higher during regular trading hours on Tuesday as bullish momentum was supported by increased trading volume and positive sector trends. Technical indicators suggest a strong upward trajectory, reflecting investor confidence in the stock’s performance. Notably, Elon Musk has accused Apple of favoring OpenAI’s ChatGPT over xAI’s Grok in the App Store,
» Read more about: Apple Stock Is Trending Tuesday: What's Going On? »
As you were browsing something about your browser made us think you were a bot. There are a few reasons this might happen:
» Read more about: 4 Undervalued Energy Equipment & Services Stocks for Monday, August 18 »
Energy Fuels (UUUU -17.93%) stock collapsed Tuesday, falling 17.4% through 11:45 a.m. ET on no obvious bad news. To the contrary, the latest news for uranium stocks in general (and presumably for Energy Fuels in particular) looks rather good.
According to the energy experts at OilPrice.com,
» Read more about: Why Did Energy Fuels Stock Get Clobbered Today? »
NEW YORK (AP) — Wall Street held near its record heights on Monday, ahead of a week likely to be dominated by updates from the head of the Federal Reserve and from some of the biggest U.S. retailers.
The S&P 500 barely budged and fell by less than 0.1%,
» Read more about: Wall Street holds near its record heights »
Where there’s a commanding market share, there’s Wall Street.
The average person may not be well-versed in what a semiconductor does, but there’s a good chance that they unknowingly interact with them daily. Present in everything from smartphones to household appliances to cars to graphics processing units (GPUs),
» Read more about: 1 Reason Wall Street Is Obsessed With Taiwan Semiconductor Manufacturing Stock »
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Wall Street is losing ground on Tuesday following drops for Palantir and other stars that had been riding the mania surrounding artificial-intelligence technology.
The S&P 500 slipped 0.7% and is on track for a third straight modest loss after setting its all-time high last week.
Advanced Micro Devices (AMD) stock traded lower on Tuesday as rivals Arm Holdings ARM, Nvidia NVDA, and Intel INTC made strategic moves to fortify their positions in the global semiconductor market.
» Read more about: What's Going On With AMD Stock Tuesday? »