Berkshire Hathaway is known for its astute investing acumen. The conglomerate built by Warren Buffett, now transitioning under Greg Abel, has made some fantastic investing decisions over the last few decades. Its purchase and then recent sell of UnitedHealth Group (UNH +2.67%) stock was not one of them.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Berkshire Hathaway is known for its astute investing acumen.
Dan Ives’ $600 Tesla target rests on FSD, robotaxi, and Optimus scaling into software margins by 2027, framing the $25B capex as investment, not destruction.
TSLA’s Q2 EPS missed estimates by 39% while operating margin collapsed to 1% and free cash flow turned negative as capex surged 142%.
Cathie Wood’s Ark Invest bought more than 160,000 shares in Tesla (TSLA -0.77%) after the recent results release and the following share price slump. The acquired shares are worth about $50.1 million at the time of writing. Is it a move worth following?
The move made logical sense for Ark.
» Read more about: Cathie Wood Doubles Down on Tesla Stock. Should Investors Follow? »
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A lot of people look forward to getting Social Security in retirement. And after years of paying into the system, you may be eager to get your hands on those monthly checks.
But if you aren’t saving for retirement on your own,
» Read more about: The $25,000 Reason You Can’t Retire on Social Security Alone »
Iran Launches Surprise Missile Attack on U.S. Forces
All of the Iranian missiles were successfully intercepted, the U.S. military said.
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Dow Rallies While Chip Stocks Decline
The Dow industrials surged, while chip stocks were selling off as investors ditched artificial-intelligence darlings in favor of other sectors that had been left behind this year.
US stocks moved in different directions on Tuesday as strong corporate results lifted the Dow Jones Industrial Average, while another sharp decline in semiconductor shares weighed on the NASDAQ Composite. The S&P 500 also traded lower as investors reduced exposure to technology stocks.
The Dow gained about 400 points,
» Read more about: Dow Climbs on Strong Earnings as NASDAQ Falls on Chip Stock Sell-Off »
The S&P 500 ended 0.2% higher, while the Nasdaq 100 slipped 1% and the Dow Jones Industrial Average added 1%.
Brent crude prices dropped close to 5% to end at $84.09.
Coca-Cola Co. raised its full-year outlook, strengthened by FIFA sales.
The defensive stock has delivered strong gains for investors this year.
Coca-Cola flexed its strong marketing capabilities during the World Cup.
The company also continues to benefit from brand diversification and repositioning to meet consumers’