Stock futures are little changed as traders await Nvidia’s earnings: Live updates
Stock Market Today, May 19: UiPath Slips as Korea Automation Cloud Launch Tests Regional Enterprise Demand
Today’s Change
(-0.85%) $-0.09
Current Price
$10.55
Key Data Points
Market Cap
$5.6B
Day’s Range
$10.41 –
Warren Buffett Invests $2.65B in Popular Airline After Reassessing Stocks
In 2020, Berkshire Chairman of the Board Warren Buffett dumped over $4 billion in airline stock, an industry he long thought was a “value trap,” at a loss. Today, however, Berkshire’s new CEO, Greg Abel, has reinvested in one airline in particular.
A Surprising Investment
The Street recently reported that in Berkshire’s 13f filing,
» Read more about: Warren Buffett Invests $2.65B in Popular Airline After Reassessing Stocks »
Read MoreWarren Buffett’s Berkshire opens a $2.6B stake in world's largest airline
Warren Buffett spent decades avoiding airline stocks. He called them a capital trap, a business where no matter how well you ran it, fuel prices and fare wars could wipe out profits in a quarter.
Then Covid hit,
» Read more about: Warren Buffett’s Berkshire opens a $2.6B stake in world's largest airline »
Read MoreUS Long Bond Yields Near Highest Level Since 2023
(Bloomberg) — Yields on 30-year US Treasuries hovered near the highest levels in almost three years as investors tried to balance their worries over inflation with optimism that the US and Iran will eventually make progress toward a deal to end hostilities.
Most Read from Bloomberg
In a volatile start to the week,
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Read MoreThe Burst
1 Signal That Dutch Bros Could Be a Monster Stock
If you gave up on Dutch Bros after its post-IPO slump, you might be kicking yourself right now. After going public in 2021 and fizzling out soon after, Dutch Bros has staged a remarkable comeback, rising nearly 90% over the past 2 years.
And this rebound isn’t just a flash in the pan.
» Read more about: 1 Signal That Dutch Bros Could Be a Monster Stock »
Read MoreThe Ivy
IBM’s Quantum Breakthrough Could Be a Turning Point
IBM has been tinkering with quantum computing longer than most of today’s retail investors have even been in the market. For decades, the company’s message has been quantum is coming, and when it arrives, it will change everything from chemistry to finance. The problem? The finish line has always felt just out of reach, perpetually ten years away.
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Read MoreThe Spotlight
This ETF Owns 3,500 Stocks, Is It Better Than the S&P 500?
Vanguard’s Extended Market ETF (VXF) is a broad fund made up of thousands of stocks across essentially every part of the American business landscape. Like many ETFs, VXF attempts to give investors access to a broad selection of stocks without the difficulty and risk involved in picking individual companies.
Today, let’s take a deeper look at VXF to see if the fund is a good investment at the moment.
» Read more about: This ETF Owns 3,500 Stocks, Is It Better Than the S&P 500? »