Text size Apple makes up 40% of Berkshire Hathaway’s equity portfolio. Dreamstime Warren Buffett loves Apple , but Berkshire Hathaway’s big holding in the iPhone maker is hurting: Apple shares a...
Tag: Consumer electronics
Cisco Systems’ Earnings Are Today. Here’s What to Expect.
Text size Barclays analyst Tim Long says order growth at Cisco is likely to slow down. Josep Lago/AFP via Getty Images Wall Street is optimistic about Cisco Systems’ quarterly results, due after the c...
Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup
OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the bigge...
Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter
Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway bought stakes in Citigrou...
Best Buy Believes Time Is Ripe To Double Up On Outlets
Best Buy BBY is moving forward with its plan to double the number of outlet stores it operates over the next year. The consumer electronics retailer said it is opening four new outlets this summer and...
Warren Buffett Spends Big as Stock Market Sells Off
The stock market’s selloff has been bad news for most investors. The Omaha-based company bought 901,768 shares of Occidental Petroleum Corp. OXY 8.21% last week, according to a regulatory filing. The ...
Opinion: 12 stocks to consider for the next leg of the bull market
You may want to wait until the stock market turns up again before expending energy on trying to pick individual companies. That’s because, during bear markets, almost all stocks become correlated with...
Phillips 66, Electronic Arts, and 5 More Companies That Raised Their Dividend
Text size Phillips 66 raised its stock dividend this week. David Paul Morris/Bloomberg Phillips 66 , Cardinal Health , and Electronic Arts were among the U.S. companies that declared dividend increase...
2 Tech Stocks That Now Look Impossibly Cheap
Text size Memory chips from Micron Technology are increasingly vital in the cloud, as well as in the automotive, industrial, and networking markets. Jeremy Erickson/Bloomberg Historically, companies l...
Apple Stock Has Broken Down. That’s Bad for the Market.
Text size Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Apple stock has broken below a key level. That’s an ominous sign for the broade...
Unity Software loses $5 billion in market cap after Apple’s changes lead to ‘self-inflicted wound’
Unity Software Inc. executives thought they had found a way to avoid fallout from changes in Apple Inc.’s mobile operating system. It turns out they were wrong, and Wall Street punished Unity U, -37.0...
Unity Software Earnings Met Estimates. Why the Stock Is Cratering.
Text size Unity stock was dropping after its earnings release. Dreamstime Unity Software stock was tumbling after the videogame development platform’s earnings met analyst expectations but its sales a...
Apple and Amazon Have Fallen for 6 Straight Weeks. There Could Be More Pain Ahead.
Text size People visit the Apple Store in Grand Central Station in New York. Michael M. Santiago/Getty Images Apple and Amazon.com kicked off the second week of May looking as if the stocks would exte...
Palantir Earnings and Outlook Fall Short of Estimates. The Stock Plunges.
Text size Palantir guided to a ‘base case’ of $470 million in revenue for the second quarter. Dreamstime Palantir Technologies posted soft first-quarter results, along with June quarter gu...
Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks to Watch This Week
Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...
Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks for Investors to Watch This Week
Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...
As Demand for Mental-Health Care Booms, Investors See Opportunities
Psychiatrists and psychologists once ran their own practices. Now the local therapist office could be controlled by a buyout king. Venture capitalists and private-equity firms are pouring billions of ...
Seagate and Western Digital Should Top Estimates On Cloud Demand, Analyst Says
Text size Nearline drives account for between 70% and 80% of overall revenue for the disk-drive industry. Dreamstime Thanks to strong demand from cloud computing providers, the June quarter should be ...