Warren Buffett Calls Sports Betting a ‘Tax on Stupidity’
Warren Buffett, the billionaire investor who built multinational conglomerate Berkshire Hathaway, sees sports betting as a backdoor tax that ultimately benefits wealthy Americans like himself.
Currently, 40 U.S. states and Washington, D.C., offer some form of legalized online sports betting, generating more than $2.89 billion in tax revenue in 2025 alone,
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Read MoreTesla's Earnings Were Underwhelming. Here's Why They're Not Likely to Weigh Down the Stock
Tesla (TSLA +0.63%) reported earnings last week, and while the company did beat on the bottom line, its revenue fell short of expectations. Although that may be disappointing given the stock’s hefty valuation and the high expectations that typically accompany a stock like this, it hasn’t led to a sell-off.
Read MoreUS stocks edge higher, while oil prices rise ahead of a blockbuster week for Wall Street
By STAN CHOE, AP Business Writer
NEW YORK (AP) — The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose.
The S&P 500 inched 0.1% higher to its latest all-time high,
Read MoreNASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Gains Ground As NVIDIA Tests Historic Highs
Oil prices moved higher amid lack of progress in U.S. – Iran negotiations. However, this move did not put material pressure on stocks as traders focused on tech earnings, which will be released this week.
Stock traders have also ignored rising Treasury yields. The yield of 2-year Treasuries moved above the 3.80% level,
Read MoreVanguard Growth ETFs: Should You Invest in VONG or VUG?
Comparing Vanguard Russell 1000 Growth ETF (VONG +1.11%) and Vanguard Growth ETF (VUG +1.15%) reveals two low-cost strategies with subtle differences in stock concentration, dividend distributions, and historical price volatility.
Both funds target large-cap U.S.
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Read MoreThe Burst
Market Commentary: Valentine’s Day Massacre Begins Now
For investors who are only familiar with stock investing, the options market can seem like a great unknown. That market is so large that it can sometimes act like the tail wagging the dog.
As we approach the monthly expiration of options in February, the risks to the market grow. That fact is well understood by one analyst,
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Read MoreThe Ivy
1 Salad Stock Quietly Growing Fast
Sweetgreen (NYSE: SG) has been a darling of health-conscious urban dwellers for years. Even those who steer clear of salads have often been converted to raving fanatics after trying their tasty options and home-made salad dressings.
The most recent quarterly report revealed a mixed bag of news,
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Read MoreThe Spotlight
1 Fast-Growing Stock Targeting $86 Billion Market
Working in healthcare is not an especially easy job. Staying cool under pressure, paying attention to detail, and supporting patients through pain and fear are priorities during every shift — and shifts can be shockingly long.
Hospital shifts are often 12 hours, and that can stretch to 16 or 18 hours in a staffing crunch.
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