Text size Shares of Berkshire Hathaway, led by Warren Buffett, hit an all-time high. Paul Morigi/Getty Images for Fortune/Time Inc The Sage of Omaha just can’t keep his hands off Occidental Petroleum ...
Tag: Stock
Bank of America stock price forecast: Mike Mayo sees a 56% upside
Bank of America Corp (NYSE: BAC) is the best positioned to benefit from the rising rate environment, says Wells Fargo’s Mike Mayo. The U.S. Fed is expected to lift interest rate in each of its r...
A Food Crisis Is Looming. This Fertilizer Stock Stands to Gain.
Text size The invasion of Ukraine could be one of the most disruptive events in the food and agricultural supply chain in decades. Louai Beshara/AFP via Getty Images Russia’s invasion of Ukraine, its ...
The Fed, stock exchanges and interest rates
As the Fed prepared to announce a 0.25% interest rate hike to compensate for inflation, the stock markets were giving very good signals. Fed Day and the stock market On Tuesday, as well as yesterday,...
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program – Mining Bitcoin News
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in ...
ACN Stock Rises As Earnings Top Estimates, Outlook Raised
Accenture (ACN) on Thursday reported fiscal second-quarter earnings and revenue that topped estimates. Company guidance for the current quarter came in above expectations amid its acquisition spree, s...
Moderna CEO Stephane Bancel has sold more than $400 million of company stock during the pandemic
Moderna CEO Stephane Bancel Steven Ferdman | Getty Images Moderna CEO Stephane Bancel has sold $408 million in company stock since the beginning of the pandemic — averaging roughly $3.6 million a week...
ZIM stock has doubled its value between mid-October 2021 and now: here’s where to buy it
The price of ZIM stock has consistently risen since it was listed in January 2021. Its value has increased by 635.44% since January 2021. Interestingly, the price of ZIM stock kept rising even amid th...
China Vows Support And Gives Markets Reasons To Rejoice – For Now
Liu He, China’s vice premier. (Photographer: Andrew Harrer/Bloomberg) © 2019 Bloomberg Finance LP Chinese regulators are expected to incrementally ease their crackdown on sectors ranging from te...
Stock market news live updates: March 17, 2022
U.S. stock futures opened slightly higher in extended trading Wednesday following a pivotal session on Wall Street marked by the Federal Reserve’s long-anticipated move to hike short-term interest rat...
Remember the stock market before the war in Ukraine? JP Morgan says negativity is overblown, offers 4 hedges
“Markets appear to have been trafficking in an odd mix of hope, fear and uncertainty.” That was Mizuho Bank, summing up the state of play for markets since Russia’s invasion of Ukraine nearly three we...
Affirm ‘in control’ despite stock price plunge: Affirm CFO
Buy now, pay later (BNPL) company Affirm (AFRM) has seen its share price plunge around 80% from a pandemic high of nearly $170 over the past several months amid “cyclical risks” and the broader stock ...
Marvell Technology Is Struggling to Bottom on the Charts
For his final “Executive Decision” segment of Monday’s Mad Money program, Jim Cramer checked in with Matt Murphy, CEO of chipmaker Marvell Technology (MRVL) . Murphy said Marvell is ...
BAT is a great stock to hold in economic downturns. Here is why
British American Tobacco Industries PLC (LON:BATS) is a consumer defensive stock fit for investment during the declining phase of the economic cycle. Being a consumer defensive stock means that the pr...
NFTs are coming to Instagram: ‘the stock is very attractive’
Meta Platforms Inc (NASDAQ: FB) shares are up roughly 5.0% on Wednesday after CEO Mark Zuckerberg said NFTs (non-fungible tokens) were set to debut on Instagram. Instagram to launch NFTs in the near t...
Amazon Stock Looks Primed for Takeoff
Shares of e-commerce and cloud-computing behemoth Amazon (AMZN) have been volatile as of late, following news that the stock is getting a 20-for-1 split. That’s a huge deal that will open the do...
Retail Investors Are Dropping Out of the Stock Market
Text size Robinhood’s app is a popular tool for retail traders. Dreamstime There was a time—during the pandemic era—when retail investors were participating in the stock market, even driving its...
Which Stock Has the Best Competitive Prospects?
Intel (INTC) used to be the dominant CPU force by a long distance but that is no longer the case. Under Lisa Su’s astute leadership, Advanced Micro Devices (AMD) has made huge strides over the past se...
Starbucks getting rid of disposable cups is not why this analyst upgraded the stock
Starbucks (SBUX) may save a few bucks over time amid its decision to phase out the majority of its disposable cups by 2025, but that’s not why one top Wall Street analyst thinks the stock is now...
Bitcoin mining hardware maker Canaan announces up to $100 million in new stock buybacks
advertisement Canaan, one of the largest bitcoin mining hardware makers, announced a stock buyback program of up to $100 million. The company said in a statement that stock performance had been impact...
French Stock Market Added 150K Retail Traders in Early Pandemic Months
The French financial market supervisor, locally known as Autorité des Marchés Financiers (AMF), revealed that retail investors traded more than €67 billion in French equities between December 2019 and...
Invest in AbbVie? I’ve Made My Decision
Kind of like that bunny that keeps on going… pharmaceutical firm AbbVie (ABBV) , long a Sarge fave, and now one of the oldest continuous long positions on my book, keeps on going… higher. ...
EBay Stock Has a New Bull Who Sees a Strong Second Half
eBay’s German headquarters Sean Gallup/Getty Images Text size The market seems to be underestimating e-commerce giant eBay , according to one analyst. Deutsche Bank analyst Lee Horowitz initiate...