1 Buffett Story Nobody Told You That Led to Riches
When you tune into a Warren Buffett Annual Shareholder meeting, you’ll often hear the Oracle of Omaha reference See’s Candies, but few understand why this humble confectionary retailer holds such a special place in Buffett’s heart.
Back when Buffett bought See’s he had grand plans to be the candy mogul of the world. He bought See’s for about $25 million and had high hopes of expanding the fledgling retailer beyond California and to go international. » Read more about: 1 Buffett Story Nobody Told You That Led to Riches »
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Top Metaverse Stock Invests More Than NASA
Meta Platforms hasn’t had such a great start to 2022. The release of the company’s disastrous fourth-quarter results in February caused a one-day sell-off that saw its share price decline by almost $100 a piece, with the stock now down overall by more than 40% year-to-date.
Fortunately, the firm’s latest Q1 earnings report finally delivered some positive news for investors.
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2 Stocks With Nearly 200% Upside
It’s a tough time for tech stocks. After hitting impressive highs in November 2021, the Nasdaq Composite is down more than 25 percent year-to-date as of mid-May 2022. Day after day, the index seemed to hit new 52-week lows. That’s bad news for growth investors because Nasdaq is home to tech companies that have historically been winners.
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Is Amazon the BEST Deal in the Market Now?
Investors with the foresight to buy Amazon stock during its May 1997 IPO have realized astonishing returns. Since its launch, Amazon stock has gained more than 125,700 percent, and it is preparing for a stock split that is likely to deliver additional returns.
However, recent events have some investors thinking that Amazon’s winning streak is over,
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Best Trader Ever Says AI Will…
Stanley Druckenmiller is arguably the best trader in the world not because of the 30% returns he posted annualized on average over 30 years but because during that time frame he never had a losing year.
It would be nice to invest alongside him but those days are gone, because he now manages a Family Office only,
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What Oracle CEO Said 55 Hours Ago Will Shock You
I’m old enough to remember when Oracle was $13 per share in 2003 and by 2006 it was still $13 per share.
The company seemed as old and boring and stodgy as any tech company could become. It was almost like an IBM relic that would gather dust, selling software to enterprises and producing a boatload of cash flow but really doing nothing to excite investors or innovate.
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Market Commentary: Why Did Nvidia Go Up So Much?
A powerful investing lesson lies hidden in the movement of Nvidia this year. As the calendar turned to 2023, the stock was trading at $143 per share. Within fewer than two quarters, it had catapulted well above $300 per share. What could justify a 169% year-to-date return?
Read MoreThe Daily
Germany takes down eXch cryptocurrency exchange, seizes servers
The Federal police in Germany (BKA) seized the server infrastructure and shut down the ‘eXch’ cryptocurrency exchange platform for alleged money laundering cybercrime proceeds.
During the law enforcement operation, the authorities also seized eight terabytes of data and cryptocurrency (Bitcoin, Ether, Litecoin, and Dash) worth approximately $38,000,000, making this the third largest seizure of digital assets in BKA’s history.
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