What Oracle CEO Said 55 Hours Ago Will Shock You
I’m old enough to remember when Oracle was $13 per share in 2003 and by 2006 it was still $13 per share.
The company seemed as old and boring and stodgy as any tech company could become. It was almost like an IBM relic that would gather dust, selling software to enterprises and producing a boatload of cash flow but really doing nothing to excite investors or innovate. » Read more about: What Oracle CEO Said 55 Hours Ago Will Shock You »
Read More
Market Commentary: 1 E-commerce Juggernaut Flying Under the Radar
Sometimes the future arrives early and that certainly seems to be the case for JD.com, which owns a fleet of drones for rural delivery services that serve 30 million people in remote parts of China.
Read More
Market Commentary: Warren Buffett’s Latest Moves Will Shock You
Warren Buffett may have tossed to the curb his only Real Estate Investment Trust, STORE Capital Corp., but he’s not exiting the property business entirely. The latest 13F filings indicate Berkshire Hathaway invested in multiple U.S. homebuilders including D.R. Horton and Lennar Corp.
In Q2 2023, Berkshire acquired 5,969,714 shares of D.R. Horton,
» Read more about: Market Commentary: Warren Buffett’s Latest Moves Will Shock You »
Read More
How Apple Obliterates Google and Microsoft
When Warren Buffett, the Oracle of Omaha and Berkshire Hathaway’s CEO, decided to make Apple his largest holding, many heads turned. Traditionally, Buffett steered clear of the tech sector. Yet, Apple accounts for almost 50% of Berkshire Hathaway’s portfolio.
Buffett’s initial investment in Apple dates back to the first quarter of 2016. If you had followed his lead back then,
» Read more about: How Apple Obliterates Google and Microsoft »
Read More
$8 Billion Money Manager Bets On 41% Upside
Deep down in the filings of an $8 billion money manager is a holding that has the potential to rise by as much as 41%.
William Jones isn’t a name familiar with many investors as Warren Buffett or Ray Dalio may be but the enormous assets under management demand a closer look as to what he’s picking and why.
» Read more about: $8 Billion Money Manager Bets On 41% Upside »
Read MoreThe Burst
Did Jim Cramer Call The Top?
Nvidia has been famous for its astonishing rally over the past year but on June 18, Jim Cramer came out and declared, “Nvidia, own it, don’t trade it, so far so good”
Literally the very next day the stock started to fall. And it reported its first full week loss thereafter.
» Read more about: Did Jim Cramer Call The Top? »
Read MoreThe Spotlight
Spotlight: The Next Bloomberg Terminal?
Did you know that every 24 hours, Planet Labs captures imagery of every corner of the Earth? This trove of data is so extensive that it helped track a rogue Chinese spy balloon all the way back to its point of origin.
Similar to a search engine, Planet Labs aims to organize massive amounts of Earth-related data.
» Read more about: Spotlight: The Next Bloomberg Terminal? »
Read MoreThe Daily
US Stock Market Closing Bell: Dow falls 188 pts, S&P 500 flat; Apple slides to $240
US Stock Market Close (February 26), Dow Jones, S&P 500, Nasdaq: Wall Street benchmarks—the Dow Jones Industrial Average (DJIA), the S&P 500 and the Nasdaq Composite—finished a session full of choppy moves on a mixed note on Thursady, after US President Donald Trump hinted at a 25 per cent tariff on imports from the European Union soon.