Text size This photo taken on March 12, 2021, shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co., which makes lithium batteries for electric cars and other uses,...
Tag: Retail/Wholesale
Warren Buffett’s firm took big stake in Activision Blizzard ahead of Microsoft deal
OMAHA, Neb. — Warren Buffett’s company placed a rare bet on a technology company late last year and it has already paid off in a big way. Berkshire Hathaway BRK.B, -1.52% revealed in documents filed w...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
Intel reaches $5.4 billion deal to buy Tower Semiconductor
Intel Corp. on Tuesday struck a $5.4 billion deal to buy Tower Semiconductor, as it seeks to bolster its manufacturing capabilities. Intel INTC, -0.10% said it’s paying $53 per share in cash for Tower...
What CEOs Are Saying: ‘We See Inflation Going Up Everywhere’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about inflation, pricing strategy and the pandemic. Coca-Cola Co. KO -1.78% Chief Executive James ...
Billionaire George Soros reveals stake in Rivian, sells some tech shares
Billionaire George Soros’ investment fund has taken a more than $1 billion stake in electric-pickup maker Rivian Automotive Inc. According to a filing with the Securities and Exchange Commission on Fr...
The Chip Shortage Has Made These 4 Stocks a Buy
Text size GlobalFoundries, which makes basic chips for everything from cars and phones to toys and power tools, says chip capacity is growing at half the needed pace. Liesa Johannssen-Koppitz/Bloomber...
Alibaba Earnings Are Coming. What to Expect.
A selloff in the technology sector and macroeconomic headwinds in China make Alibaba’s looming earnings report sure to be an interesting one. The Chinese e-commerce giant announced Friday that its fin...
Alibaba Earnings Are Coming. Here’s When, What to Expect and 4 Numbers to Watch.
A selloff in the technology sector and macroeconomic headwinds in China make Alibaba’s looming earnings report sure to be an interesting one. The Chinese e-commerce giant announced Friday that its fin...
Coca-Cola’s Earnings Top Estimates. Sales Rise on Higher Prices.
Text size Cocacola Dreamstime Coca-Cola stock was rising after the beverage giant reported earnings that surpassed analysts’ expectations. Coca-Cola (ticker: KO ) reported an adjusted quarterly profit...
CVS Stock Is Dropping After Earnings Topped Expectations
Text size CVS stock is falling after earnings. Bryan Bedder/Getty Images for CVS Pharmacy CVS Health stock was falling after reporting better-than-expected earnings Wednesday but confirming full-yea...
Apple, Not Amazon, Should Buy Peloton. One Analyst Explains Why.
Text size (Photo by Michael Loccisano/Getty Images) It’s been reported that Amazon.com and Nike are weighing bids for Peloton Interactive . One analyst said he’s be surprised if Apple also wasn’t in t...
Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes
Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...
10 tech value stocks that at least 75% of analysts rate as a ‘buy’ right now
So far, 2022 is a year of value stocks. But some tech stocks fit that definition. Below is a high-conviction list of technology stocks among the S&P 500 SPX, +0.05% that have low valuations to ear...