Warren Buffett Just Hit the Sell Button for $4.1 Billion. Is the Oracle of Omaha Losing Faith in the Stock Market?
Key Points
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Berkshire Hathaway reported major stock sales last quarter.
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That includes a further reduction in one of Berkshire’s top holdings.
Analyst With Sell Rating on Tesla (TSLA) Says Market Got ‘Too Carried Away’ With Robotaxi, ‘Skeptical’ of Full Launch in 2026
We recently published 10 Stocks Everyone’s Discussing Amid Latest Earnings Season. Tesla Inc (NASDAQ:TSLA) is one of the stocks everyone’s discussing.
Morningstar analyst Seth Goldstein said in a recent program on CNBC that the market got a “little too carried away” around Tesla’s robo taxis.
Read MoreAm I the Only One Worried That Apple Hasn't Earned Its Recent Upticks?
Key Points
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Apple is trading for 33 times forward earnings, but growing a lot more slowly than that.
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The stock has hit new intraday highs for five consecutive trading days.
» Read more about: Am I the Only One Worried That Apple Hasn't Earned Its Recent Upticks? »
Read MoreThe government shutdown is now the longest – and likely the most damaging in US history
The Burst
Is Etsy An All-Time Buy Now?
Why is Etsy stock so low? ETSY is down 36.7% year-to-date following disappointing sales reports that missed Street estimates.
The stock that nearly reached $300 per share in 2021 but is now trading under $50 per share. Adding insult to injury, Etsy (NASDAQ: ETSY) was recently dropped from the S&P 500 index.
» Read more about: Is Etsy An All-Time Buy Now? »
Read MoreThe Ivy
AI Bets and Buffett’s Seal of Approval, Is This a Bet on a Cashless Future?
There is something inherently attractive about buying a stock and holding it for a long time. Stable don’t just have strong balance sheets that can weather rough markets but they often pay dividends, which account for as much as 95% of total returns over the past century according to research by Wharton Professor Jeremy Siegel.
» Read more about: AI Bets and Buffett’s Seal of Approval, Is This a Bet on a Cashless Future? »
Read MoreThe Spotlight
Market Commentary: 1 Stock That Landed Man On The Moon
Did you know that man would never have landed on the moon without a company that flies under the radar, called Analog Devices. Its data converters were used in the Apollo Lunar Lander, and today they play a role in everything from smartphones to autonomous vehicles.