Every year, investors await Warren Buffett’s annual shareholder letter with excitement, hoping for the insights and flare that make it a must-read. This year’s was a disappointment. Buffett took just...
Tag: $SPX
DeLorean Has Hit the Brakes. Catching Tesla Is Proving Hard for EV Rivals.
When Marty McFly drove into the future in the famous 1980s movie, he made it look easy. For EV start-ups trying to leap ahead in their industry, it’s proving a lot harder. DeLorean, the car company ma...
This is what Warren Buffett, a self-described ‘so-so investor,’ says is his ‘secret sauce’
Stocks are rebounding on the heels of a rotten week — the worst since December for the S&P 500 SPX, +1.15% and the Nasdaq Composite COMP, +1.39%. And as Wall Street analysts go dark, with talk of ...
Asian shares follow Wall Street lower after stronger-than-expected data
BANGKOK (AP) — Shares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while oil prices fell. Reports on inflation, the jobs...
Tech Carried the Stock Market. Now They’re Taking It Down With Them.
The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...
The Stock Market Doesn’t Look Cheap, Any Way You Slice It
Stock indexes closed another losing week in a downbeat February, as investors continue to debate the path of the economy and monetary policy. It’s a decidedly muddled outlook for the market from a fun...
Any Way You Slice It, Stocks Still Don’t Look Cheap
Text size This past week’s numbers gave investors plenty to fret about. Spencer Platt/Getty Images Stock indexes closed another losing week in a downbeat February, as investors continue to debate the ...
What’s next for stocks as investors realize Fed’s inflation fight won’t end soon
The stock market is ending February on a decidedly wobbly note, raising doubts about the durability of an early 2023 rally. Blame stronger-than-expected economic data and hotter-than-expected inflatio...
Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...
Global financial markets have had a rough time since Russia’s invasion of Ukraine, but it is not over yet
A year after Russia invaded Ukraine and set off the bloodiest conflict in Europe since World War II, global financial markets seem to no longer carry on the lasting shocks on a daily basis, but the fu...
Tech Carried This Upturn, and Now It’s Taking the Market Down With It
The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...
Sellas Life Sciences raises $20 million from public offering of stock, warrants
Sellas Life Sciences Group Inc. SLS, -53.25% said Friday that it raised $20.0 million, through the public sale of common shares and warrants to buy stock. Shares of the biopharmaceutical company, whic...
Intel Cut Its Dividend. Home Depot, McDonald’s, and Other Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Cingulate stock skyrockets after ADHD treatment shows positive trial results
Shares of Cingulate Inc. CING, +51.30% skyrocketed 82.9% toward an 11-month high in active premarket trading Friday, after the biopharmaceutical company reported positive results from a trial of its a...
Intel Cut Its Dividend. These Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Bed Bath & Beyond stock falls again, has plunged more than 70% during a 12-day stretch in which it has declined 11 times
Shares of Bed Bath & Beyond Inc. BBBY, -7.12% took a 6.8% beating Thursday, which put them on track for a third-straight loss and a seven-week closing low. The stock has shed 16.6% over the past t...
Warren Buffett’s Berkshire Hathaway Could Get an Occidental Stock Payoff
One of Berkshire Hathaway’s best investments in the past five years was its purchase of $10 billion of Occidental Petroleum preferred stock paying an 8% dividend yield. Occidental Petroleum (ticker: O...
The bond market’s worst-case scenario isn’t a Fed rate of 6%. It’s this.
A doomsday scenario for bonds in 2023 wouldn’t be the fed-funds rate reaching 6% by July. A bigger worry would be if U.S. inflation that’s been slow to retreat starts heading higher annually, said Jas...
‘Not a time to buy’: S&P 500 exiting ‘best era’ in decades for earnings growth amid ‘dried up’ liquidity
The U.S. stock market, as measured by the S&P 500 index, appears to be exiting the “best era” for growth in earnings per share in decades as sources of liquidity have dried up, according to resear...
Price analysis 2/20: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin’s tight consolidation near $25,000 suggests that bulls are holding on to their positions in anticipation of a breakout to a new 2023 high. Bitcoin (BTC) rose more than 11% last week and is tra...
Invest right now in the stock market? Why bother when cash could be king
The harder question for investors nearly a year into the Federal Reserve’s inflation fight is whether buying the dip in stocks is wise, or earning a cool 5% yield on safe-haven Treasury bills, a cash ...
Al Gore’s Firm Sells Alibaba Stock, TSMC, and Shopify. It Bought TI.
Generation Investment Management, chaired by former Vice President Al Gore, recently made big changes in its portfolio, reshuffling its holdings in the semiconductor business as its money managers cit...
Companies Are Getting More Confident About Profits. What It Means for Stocks.
Companies are just beginning to get more confident in their profit outlooks, although the stock market has a lot to sort through before it is likely to stage any substantial rally. Still, the signs o...
Generous Bond Yields Prove There Is an Alternative to Stocks
Return with us to ancient times, when dinosaurs ruled, at least in technology terms. It was early 2007, when Blackberries were in everybody’s mitts and the first iPhone hadn’t yet gone on sale, let al...
As Earnings Season Ends, Stocks Get Marked Down. The Good News: It Isn’t a Recession.
With only a few big names left to report, 80% of S&P 500 companies have now delivered results, putting the index’s earnings per share on track to contract 2.2% for the fourth quarter—the first qua...
Will Warren Buffett retire? What to look for in his annual letter.
Warren Buffett is an inspiration to retirees everywhere. In the 27 years since he reached what the Social Security system said was his full retirement age, shares of his Berkshire Hathaway BRK.B, +0.0...
Stock market saw worst day of 2023 because it’s unclear where rates will peak
Rising Treasury yields appeared Tuesday to finally catch up with a previously resilient stock market, leaving the Dow Jones Industrial Average and other major indexes with their worst day so far of 20...