Warren Buffett Sold This Stock, but I Think He's Completely Wrong
Heading into 2023, Warren Buffett-led Berkshire Hathaway‘s (NYSE: BRK.A)(NYSE: BRK.B) had a substantial investment in General Motors (NYSE: GM). According to Berkshire’s SEC filings, the conglomerate owned 50 million shares of GM at the beginning of that year,
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Read MoreHarvard's Ken Rogoff expects a 'wild ride' for the economy under Trump — and warns the dollar may slump
- The US economy is in for a “wild ride” with Donald Trump back in office, Kenneth Rogoff says.
- The Harvard economist told the World Economic Forum that the dollar faces a slew of challenges.
- Rogoff spoke about tariffs, inflation, interest rates, currency wars, and the national debt.
Kenneth Rogoff says the US economy is in for a “wild ride”
Read MoreTesla vs Rivian: Which Will Be the Better Electric Vehicle Stock to Own in 2025?
Tesla Price Target Raised to $500, Stock Jumps on Analyst Optimism
Tesla’s (TSLA, Financial) stock value rose around 2% at the premarket Tuesday session because the company has maintained strong market gains since last year. Investor optimism about Tesla’s AI and robotics potential led analyst Adam Potter from Piper Sandler to raise the company’s share price valuation to $500.
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Read MoreSemiconductor legend Lip-Bu Tan told BI his strategy for investing in Nvidia competitors
- Lip-Bu Tan is a renowned chip industry veteran with experience as CEO, board member, and investor.
- Tan has held roles at Intel and SoftBank and brought Cadence back from the brink of crisis.
- Tan invests in startups challenging Nvidia’s power-hungry GPUs with efficient alternatives.
When Lip-Bu Tan speaks,
Read MoreThe Burst
1 Top Trader Just Bought Netflix
Is Netflix breaking out? If you are to believe Mark Minervini, a renowned trader with a very successful track record, the answer is yes, but there’s more to the story than meets the eye.
First let’s take a look out at the chart highlighting the recent breakout above resistance of Netflix. As you can see a few days ago the share price peeked above resistance,
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Read MoreThe Ivy
Champion Trader Buys NEW Breakout
An old Buffett adage goes something like this “we don’t have to be smarter than others, we have to be more disciplined” and what’s true for the investing world goes for the trading world too.
In that realm, champion traders have to watch stocks like a hawk. Waiting for the precise moment for breakouts to occur and then pouncing on them when they do.
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Read MoreThe Spotlight
Palantir Soared 20.5% But Is It Just The Start?
Palantir Technologies (PLTR) has been in business for 20 years but it’s only recently that it’s accomplished one of its most impressive feats to-date, tripling the number of users of its artificial intelligence platform in a single quarter.
That spike in demand translated to a spectacular Q3 that blew away Wall Street’s expectations.
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