Warren Buffett orchestrated the merger of Kraft and Heinz in 20215.
Berkshire Hathaway disclosed in a regulatory filing last month that it could offload 325.4 million shares of Kraft Heinz, worth over $7 billion, as the ketchup maker planned to split the business in H2 2026 to streamline operations.
However, the company disclosed in its Q4 earnings release that it will ‘pause work’
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Read More3 Social Security Rules Many Retirees Ignore (and Regret)
Key Points
For many retirees, Social Security inevitably ends up becoming an important income stream. So it’s important to know how to make the most of those benefits.
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Read MorePrediction: Nvidia Will Have a Difficult Time Living Up to Investors' Lofty Expectations on Feb. 25
A “buy the rumor, sell the news” event may take shape, yet again.
For much of the last three years, artificial intelligence (AI) has been the hottest trend on Wall Street. Providing software and systems with the tools to make accurate, split-second decisions without human oversight is a game changer that’s expected to create trillions of dollars in global economic value.
Cathie Wood buys $46 million of tumbling tech stock
Cathie Wood doesn’t give up on her favorite stocks easily.
The head of Ark Investment Management actively manages her tech holdings, and her timing often links to market movements.
Sometimes Wood buys her top holdings on the way down, hoping for a bargain.
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Read MoreUS Stocks: Hedge fund stock pickers suffer in face of AI-related tech selloff, says Goldman
Hedge fund stock pickers have had one of their worst three-week periods since the first half of 2022, according to a Goldman Sachs client note seen by Reuters on Friday, as this year’s AI software-related tech selloff continues.
The S&P 500 software and services index has tumbled almost 18% this year so far,
Read MoreThe Burst
It Is Too Late To Buy This Pelosi Stock?
What started out as a fun joke tracking Nancy Pelosi’s trades has turned into somewhat of a cult following. That’s because Pelosi’s portfolio was up as high as 71% this year alone but her short-term market outperformance is mirrored over the long-term with returns that rival those of Buffett.
That led many to speculate whether it was time to go all-in when she bought Palo Alto Networks earlier this year.
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Read MoreThe Ivy
DoorDash’s Soaring Stock: A Smart Buy or a Bubble Waiting to Burst?
Gig economy food delivery service DoorDash (NASDAQ:DASH) has been running hot for most of the last year, gaining over 75 percent in the last 12 months. Such large increases, though, often leave stocks susceptible to corrections that bring their prices back down to earth. We examine DoorDash’s performance and valuation to see whether the stock is a buy,
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Read MoreThe Spotlight
Alert: 1 Founder Led Tech Firm with 44.7% Upside
Investment Alert: Buy LPSN Under $4.60/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.