Stock Market Mixed After Post-Fed Fightback, Netflix Dives; Trump-Xi Meeting Now Up Next
The stock market fought back following the first Federal Reserve rate hike since 2023, and ended the day and week mixed. A pivotal meeting between President Donald Trump and Chinese counterpart Xi Jinping now looms. The Nasdaq composite squeezed out a daily gain of 0.4%. It finished above its major and short-term moving averages amid a 0.7% gain for the…
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Read MoreHow do pension plans work?
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Pension plans were starting to seem like a thing of the past.
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Read MoreWarren Buffett steps down as Berkshire Hathaway chairman; replacement named
Billionaire businessman Warren Buffett is stepping down as chairman of Berkshire Hathaway after spending more than six decades leading the company.
Buffett, 96, will immediately become chairman emeritus of Berkshire Hathaway, the $1 trillion conglomerate announced Friday. He will also remain a director of the company.
Howard Buffett, Warren’s 71-year-old son,
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Read MoreWarren Buffett Steps Down as Berkshire Chairman After 61 Years: ‘Father Time Always Wins’
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Key Takeaways
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Warren Buffett, 96, disclosed on Friday in a letter to shareholders that he would be stepping down as chairman of Berkshire Hathaway’s board,
Is the Options Market Predicting a Spike in AlTi Global Stock?
Investors in AlTi Global, Inc. ALTI need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 16, 2026 $5 Call had some of the …
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Read MoreThe Burst
Is Terawulf the Next Big AI Stock?
Terawulf is a cryptocurrency mining firm that specializes in bitcoin.
It has a twist on mining, which is notoriously energy intensive. The unusual angle is it operates mining facilities that use clean, low-cost, and reliable energy sources.
The way it works, in a nutshell, is that the company uses specialized computers,
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Read MoreThe Ivy
Did Walmart Trainwreck The Whole Market?
Walmart (NYSE:WMT) tumbled in spite of strong Q4 results that revealed a 5.3% year-over-year sales increase to $182.6 billion and adjusted earnings per share up 10% to $0.66.
It’s confusing at first glance to figure out why the stock fell so sharply because both numbers beat analysts estimates.
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Read MoreThe Spotlight
Market Commentary: Is This The Safest Bank In America?
In 2022, Forbes released a “Best Banks In America” list and placed one little-known bank at the top of the list. Impressively, it was the third time five years that the bank had topped the prestigious list. Yet few investors are aware of this under-the-radar bank: Home Bancshares.
At time when interest rates are rising and banks are dropping like flies,
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