25% of Warren Buffett's $315 Billion Portfolio Is Invested in 2 Artificial Intelligence (AI) Stocks
Key Points
Legendary investor Warren Buffett took the helm of the holding company Berkshire Hathaway in 1965,
The Daily
Latest Update On John Cena's WWE Creative Plans Ahead Of Retirement
John Cena’s final WWE appearances ahead of his retirement are nearly upon us, and his creative for his last matches is seemingly taking shape.
Cena’s last match will take place on Dec. 13 in Washington, D.C. at Saturday Night’s Main Event, with major appearances in Boston, New York, and at Survivor Series in San Diego set for the road up to that.
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US economy could lose $15 billion from government shutdown
(CNN) – The Congressional Budget Office is warning the United States economy could lose billions of dollars due to the government shutdown.
A report finds the shutdown will lower GDP growth for the quarter by 1 to 2 percentage points.
Most of the decline will be recovered however depending on how long the shutdown continues,
» Read more about: US economy could lose $15 billion from government shutdown »
What happened the last time the S&P 500's forward P/E was this high
A version of this article first appeared on TKer.co
It’s not hard to argue that stock market valuations are high.
According to FactSet, the forward price-earnings (P/E) multiple for the S&P 500 is 22.9x,
» Read more about: What happened the last time the S&P 500's forward P/E was this high »
Green Investors Enjoy Huge Returns as Stock Market Powers Through Trump’s Attacks
(Bloomberg) — A dramatic rebound in clean-tech stocks has investors in the green economy hoping they can finally turn the page on years of punishing underperformance.
Federal Reserve cuts key rate as government shutdown clouds economic outlook
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated.
“Job gains have slowed this year, and the unemployment rate has edged up but remained low through August,” the Fed said in a statement issued Wednesday.
» Read more about: Federal Reserve cuts key rate as government shutdown clouds economic outlook »
NSD (TSE:9759) Margin Improvement Reinforces Bullish Narrative Despite Valuation Premium
NSD (TSE:9759) reported a net profit margin of 10.9%, up from 10.4% last year, as earnings grew by 14%, edging out its own five-year average of 13.3% annual gains. Revenue and earnings are both forecast to grow faster than the Japanese market, supported by a history of rising profitability and stable margin improvement.
$950M Sequoia Capital Fund Aims To Back Next Amazon Of AI Era With Early-Stage Startup Investments Across Globe
Sequoia Capital announced on Monday two new early-stage funds worth a combined $950 million, aimed at backing young startups worldwide building technologies that could evolve into the next Amazon (NASDAQ:AMZN) of the AI era.
The new funds include a $750 million venture vehicle for Series A companies and a $200 million seed fund,
Nvidia Is Worth $5 Trillion. Here’s What It Means for the Market
(Bloomberg) — Nvidia Corp. made history last week when it became the first company ever to have a market value of $5 trillion. But that’s just one way it’s casting a shadow over the global economy.
» Read more about: Nvidia Is Worth $5 Trillion. Here’s What It Means for the Market »
5 Reasons to Buy Amazon Stock Like There's No Tomorrow
Key Points
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Amazon has multiple strong economic moats.
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Its cloud and e-commerce businesses have tremendous growth prospects.
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