3 developments that could derail the stock market's post-Trump sugar high, BofA says
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- Bank of America cited three risks that could upend corporate earnings growth, a key driver of stock returns.
- One potential headwind is Trump’s proposed tariff plan, BofA said.
- The firm is also keep a close eye on bond yields, which have soared since the election.
Why Has Warren Buffett Been Selling So Much Stock?
Key Takeaways
- Warren Buffett’s Berkshire Hathaway continues to be a net seller of stocks, having offloaded a quarter of its stake in Apple in recent months, regulatory filings revealed Thursday.
- The holding company added to its cash pile for a ninth consecutive quarter, bringing its cash on hand to a record level.
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Read MoreWhy Bloom Energy Stock Rocketed 48% on Friday
Bloom Energy (BE 44.54%) investors are having a terrific Friday, as shares of the renewable energy company surged 47.8% through 10:30 a.m. ET.
Last night, Bloom Energy announced a deal to supply up to 1 gigawatt’s-worth of fuel cells to electric utility American Electric Power (AEP 1.90%).
» Read more about: Why Bloom Energy Stock Rocketed 48% on Friday »
Read MoreThese Stocks Are Moving the Most Today: Applied Materials, Palantir, Tesla, Moderna, Super Micro, Alibaba, Bloom Energy, and More
Applied Materials tumbles after issuing a disappointing fiscal first-quarter outlook, Palantir is transferring its stock listing to the Nasdaq, and Tesla rises following a decline on worries President-elect Donald Trump will eliminate purchase tax credits for electric vehicles.
Read MoreHere's what changes are coming to Social Security in 2025
Social Security beneficiaries will soon experience a welcome change, with benefits slated to climb due to a cost-of-living adjustment.
Recipients will see a 2.5% cost-of-living adjustment in 2025, which is notably less than the 3.2% average adjustment in 2024. The increase is the lowest cost-of-living adjustment since January 2021 —
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Read MoreThe Burst
Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock
David Einhorn has made a name for himself as the founder of Greenlight Capital, which manages around $1.7 billion at last count in Q3 2023.
Interestingly, the fund has made a massive bet on another company with Green in its name, Green Brick Partners. It’s an unfamiliar name to many investors and even those who do know of it may wonder why such a huge position was established by Einhorn and his investment team.
» Read more about: Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock »
Read MoreThe Ivy
81.8% Probability This Health Stock Rises
If past data is to be believed, there is an 81.8% probability that Centene is likely to pop by double-digit percentage levels over the next 3 months.
Remarkably in 17 of the past 22 years, Centene has gone on a bullish run in the coming months, but it’s not entirely clear why, so we peeled back the layers of the onion to reveal the cause and whether it’s repeatable again this year.
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Read MoreThe Spotlight
Scintillating Growth Stock Scooped Up by Billionaire
Stanley Druckenmiller, net worth $6.4 billion, is widely considered one of the world’s best investors. His biggest claim to fame is the fact that in its 30 years of operation, Druckenmiller’s hedge fund Duquesne Capital never had a down year.
Druckenmiller closed his hedge fund after the global financial crisis and opened a smaller,
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