Bombshells From Buffett Shock Investors
If you haven’t tuned into the annual Berkshire Hathaway shareholder meeting to see highlights, a certain moment is grabbing headlines but another more nuanced one is where your attention should go.
The most poignant moment of the day was when Warren turned to his new right-hand man Greg Able but invited former lieutenant Charlie Munger for his views. » Read more about: Bombshells From Buffett Shock Investors »
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Is This Buffett Stock Still a Buy?
Berkshire Hathaway (BRK.A) has been investing heavily in oil and gas this year — Chevron (CVX) now ranks among Berkshire’s top four holdings. Buffett’s holding company owns approximately $26 billion worth of its stock.
Chevron is up an astonishing 34% year-to-date versus the S&P 500 which,
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The Single MOST Important Number for Amazon
Following the company’s second-quarter report, Amazon (AMZN) stock surged, but not because of its e-commerce business.
Amazon’s growth rate slowed, and the company took a loss in e-commerce. However, its cloud services business, Amazon Web Services (AWS), reported a 36% jump in operating income.
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3 Best Stocks To Buy Now
Although it’s essential to protect your investments, it’s equally important to remember that bear markets don’t last forever. While some began panic-selling, others have treated the downturn as an opportunity to buy assets at a discount. When the tide turns,
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Is Meta a Buy After Crashing?
Despite a stellar start to 2023 with a more than 300% increase in stock price at one point, Meta experienced a significant pullback, shedding 15% in value following its first-quarter earnings report.
Meta reported a very solid Q1, with revenues soaring by 27% to $36.5 billion, the fastest growth rate in several quarters,
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Read MoreThe Burst
Market Commentary: Little-known Dutch Stock Is Soaring
Some stocks just don’t get a lot of notoriety but they deserve the plaudits. In the United States if you were to ask someone to name a digital payment processor, you would likely hear the names Square or Stripe, but the odds are Adyen wouldn’t rank highly in a poll.
It’s with good reason that the Dutch firm flies under-the-radar.
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Read MoreThe Spotlight
Forget FAANG, Buy These Two Hot Stocks
Over the past decade, FAANG stocks – an acronym that represents the most prominent tech companies, including Facebook (now Meta), Amazon, Apple, Netflix, and Google (now Alphabet) – have rewarded long-term investors. These stocks have grown faster than the overall S&P 500 and the technology-focused Nasdaq.
FAANG companies showcase several competitive advantages, and continued growth is anticipated over the next decade.
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Read MoreThe Daily
US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
By PAUL WISEMAN, Associated Press Economics Writer
WASHINGTON (AP) — U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.
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